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Show TIME TABLE SOOTH-BOUN- No. Payaon. Santaquln and Loa Angeles.. Payoa, Kephi sod Mantl Sl-- For No. ror NORTH-BOCN- llllCAGO board of trade el vnRHlnH I that declare nron?s marsei t to break a,ld allow vuuiu uui conscientiously let her husband boost the staff of life outside the reach of thousands of poor people. So plain "Jim" Patten went to New Mexico "for a rest," he said, "and to get away from you Infernal reporters." The monarch of the chief grain pit stayed In New Mexico for a long time. He said he wanted rest and to all appearances he got It, for he returned to the strife In Chicago with a browsed skin, clear eye, and with the Patten smile which Is the market index on the Chicago board of trade. He was cheerful to his associates, but to the reporters no. He seemed to have taken a dislike to them, despite the uei:auBt7 nut? ;4J anr D No. es For Proo, PlOrovs, Amr. moruur, Iran r on, ldi, No. Si For Proro, Skit Lake sod 8 30 pm Intermwllata point Palatial trains ara now runnlotf dally be. twam bait Lake and the Paclflo Coaat UTAH COUNTY ll lo direct touob with two aarvloo. great oitlei. Boat looal train 1. H. BnBTif as. Olitrlat Pi-ne- r Agent. N. PBTsassir, Depot Ticket Agent. Mrs. James Patten, wife of the man who f ti I I V it i a a i att cornered May wheat and was declared to be engineering a movement In July grain, king 6:88 pm mh, asw&a rmmmMt ? Arrival sad departure ot trains from Depot: T For SprlngTllle.ProTO.Salt Lake and all points east and et....S:IOsm No. ForSprlngvllle Provo.Salt Lake and all points east and west. ...1:42pm No. For Kureka, Mammoth and Sil8:27 pm ver rity No. 28 For Kureka, Mammoth and Sil16 am 4: ver City Connections made In Ogdca Union depot with all trains ot Southern Pad no and Oregon Short Lino. OFFERS CHOICE OF No. of the last year's crop than there were in the previous year. Allowing 5,000,000 bushels for the extra Increase in consumption, there are still 45.000,000 unaccounted bushels for. The question is grain world, like frightened sheep, always follows Its leader until tired out. Figures compiled by statisticians showed the world's wheat crop as follows: For 1907 there were 3,002.120,000 bushels raised; for 1906, 3.414.400,000 bushels; for 1905, 3.249.700,-000- ; for 1904. 3.134,120,000 bushels. Of these iimounts the United States grew the following: 1907. fi34.000.000 bushels; 1906. 735,000.000 3 FAST THROUGH TRAINS SCENIC ROUTES AND THREE DISTINCT Pulman Palace and ordinary Sleeping ear to Denver, Omaha, Kansaa City, St. LouU and Chicago without change. Free Reclining Chair Cam; Personally Eicursluus; a perfect Dining Car Scr ed e vloe. For rates, folder, ete . tnnnlre of 11. T. Matthews, Ticket Agent, A. BENTON, G. A. P. O., Salt Lake City. I or write F. J. NICHOLS C. C. CRISMON TV- DAILY Grismon & Nichols - Assayers and Chemists 1 R Office and Laboratory 220 S.W. Tempi St., Salt Lake City, Utah Reference: National Bank of Republic i w Both phones What's the bt rfj v II I I Ml ' ill f TH I III " - V - I ' .t I 'T' A fact that bltherto he had exhibited a fondness . for newspaper men. Then May wheat dropped. But with the return of Mr. Patten, the July edition of the grain began to soar and the word went out that the corner was on In that month's grain, the May delivery having been effected. Think of putting an average of $2,000,000 into the bank each day, while the Patten firm was closing out Ita May wheat. That Is what Jim Patten did and before newspaper reporters became too pernicious In their activities he would occasionally talk about it. In fact he seemed to like to talk. Dut when the great city dailies began to Jump upon him editor (ally and when Secretary of Agriculture Wilson declared that there was no reason why May wheat should sell at $1.30 per bushel, because there was lota in the country, plain Jim Patten got mad. Thereafter he talkedbut only In monosyllables. Before adopting the sphinx attitude he gave the writer a long Interview, the gist of which as the day he gave It out. is as timely It follows: "I'm only a farmer rube. I don't know anything but wheat, but man, I tell you, I know wheat from the start. Corner the market? Nol There ia not a man alive who can corner wheat. I tell you it Is an Impossibility. The Idea that my movement in grain sent prices up is absurd. The price of grain, at In everything else you know it as well as I do la gauged according to the law of supply and demand. The reason wheat went higher than ever before la simply because the country la short on wheat. The United States bureau of agriculture, sayt there ia plenty of wheat f to-da- y . . VII I c " -- AH c?X- - , , ... ; Well, they don't know the conditions. My correspondents throughout the country are trained men who get right down to earth when they aeek Information. Postmasters and a farmer here and there comprise the staff of Secretary Wilson's forecasters. The high price of wheat had little effect on bread rates. Bread would have been high anyway, because there wasn't enough wheat. Lota of that price Increase probably went Into dealers' pockets anyhow. But once for all, let me tell you, no living man can corner wheat." When the careful housewife was figuring up bill and she pointed out . the cost of the grocery to her husband durlug their discussion of household economics the Item, bag of flour, 90 rente, he aald: "Wha- t- flour baa gone up!" "Yea, that's what the grocer said; Patten has 'cornered' the wheat market and bread costs more," Then the housewife wanted to know more of "wheat corners" and how It was done. Probably no "bulge" In wheat ever affected all classes of people more than the one said o to be engineered by James A. Patten, the speculator. Mr. Patten and his followers say the situation puts the stamp of denial on the assertion that there is a "corner" In the grain. They say that the reul wheat Is scarce that the world Is short millions of bushels, compared with normal; that It has been short for practically two seasons and will be short for another year. However, government experts have taken Issue with the assertion that there Is a world shortage, or, In truth, a shortage In the United States. One authority says that there were virtually fiO.000,000 more bushels of wheat at the close "24-poun- Chi-cng- i asked: where Is this enorm- - out amount of grain? Mr. Patten declares It does not exist. The consumer shakes his bead and says: "Another 'corner' in wheat." niuiers uau uiu ei.iv iCI bushel for wheat Not since war days, a half century ago. was wheat higher in the capital city. The majority of the dealers had no recollection of the price ever being any higher and declare that $1.40 was the record price. There was a scarcity, of milling grain, but the $1.40 offering failed to bring out rll 1894. . f IDAHO with nrt ' mailerQ Jr much wheat. Farmers who had not sold stood pat asking $1.50 for a part of their holdings. It was a curious however, that coincidence, -since wheat reached ita high there was comparativeNil point ly little to be had, which emphasized the "corner" There have been a few "corners" In wheat. In 1905 a crowd of Chicago "butls, with Joseph Letter at the head, cornered the supply for a time and ran the price up to $1.24 In February. In August, thnt same year, the low prke was T7V4 centa. In 1904 the high Septem-ber- . price was $1.22 during the months of In January of the October and December. same year the row price reached waa 81 cents. In 1898 another crowd of bulla made a corner and ran the price up to $1.85 In the month of May. In Oceober ot the same year the low price was 62 cents. The highest price ever recorded on the, Chicago board of trade waa In 1869. when the price readied $2.47, In the month of August. In December the same year, the low point waa 76 cents. The next highest price was $2.20, paid In July, 1868. The cheapest wheat that year was $t.044, and there was no corner. In September. 1888, the high price was $2 and the low price 71H centa In the month of April. The lowest price ever reached on the Chicago board was 60 cents In September, vsy : P. O. Box 78 During the corners engineered by Lelter, "Old Hutch." and other Chicago speculatora. prices never held at the high points but a short time and the corners usually full of their own speculative weight The Patten" corner tottered several times, but with boundless nerve and with millions behind him, Patten has always stemmed the tide of the engulfing market by buying everything dumped on the market with such an abandon that the timid bears were forced to cover and fall In line with the bulla. In cornering any kind of grain the operators must have a sure knowledge ot economic conditions, or at least a simulated knowledge, before they begin operations. After once starting the huge speculative ball to rolling It la an easy matter to keep It going, provided one has money and nerve enough, for the 1905, 693,000,00 bushels; 1904, bushels. Jim Patten doesn't care for money. He likes to make it. but he sheds no tears when he loses. That's one reason why he wears a $25 suit and tells funny stories. It is not so many years ago that he was plowing on the old home farm at Sandwich, 111. That's, what makes him such a forceful figure in the pit; he knows the game Intimately from the growing of the crops to the shipping, marketing and manipulation. Later he "tended store" and then made a quick grab at an education, studying at Northwestern University in Evanston, the classic Chicago suburb, which Is now his home. He didn't stay long, plunging after a year or so Into the hurly-burlof the board ot trade. Up and down, in his meteoric career, succeeding and failing, be has always bobbed up with the hearty laugh and merry Joke. "God didn't make' man for tears," Is his motto. "It you're sad it's your own fault. Riches are only a toy. If you lose them find another one. The only good in life ia to be happy." Riding now on the top wave of success, he Is hailed In Chicago as the legitimate successor of "Old Hutch," Partridge, Gates, Armour, Lelter and the other glanta of the pit who swung those tremendous deals that In years gone by were the wonder of the world. The characteristics of Patten, therefore, are now being noted In great detail. The other day the Chicago pit was In a frenzy. A wild, shrieking mass of men surged over every Inch of the long quadrangle. The din as the Jangled chorus rose up from the mob struggling for foothold, echoed far down La Salle street. To the packed galleries ot spectators the scene was like an Immense gridiron where a hundred football teams were simultaneously trying to "buck the center." Hour after hour the pandemonium increased. "Give 1.25 for wheat," a bellow could be heard above the uproar, but ' no answering voice or raised hand come In answer. Only more din. "Give 1.26 for 1.000,000 bushelB." The hoarse cry only fed the flame of frenzy, and successive bids of 1.26H. and 1.28 seemed but to tncrense the fury of every broker on the floor In the despairing effort to buy. Finally, toward the closing hour, aa the anxiety of the "shorts" grew greater, a disheveled broker raised himself up out of the fighting mob and, waving his clenched fist yelled: ."One twenty-nine.- " There was stillness for the one instant It took the clamoring seekers of grain to realize what that meant; then In greater volume ascended the roar as from one end of the room to the other rume the chorus: one twenty-nine.- " "One twenty-nine- , But It beat futllely against the gray walls. The market In wheat was apparently "cornered." Outside In the rotunda a heavy-se- t twinkling, eyed mnn sat In a chair, tilted back against a column beside the fruit stand of "Apple Mary," calmly and Joyously sucking an orange. Curious ones from the galleries filtered down to gaze at him from a distance, while excited brokers rushed out to tell him of the aoarlni prices. It was the new "King of the Pit." bushels; 0 Hate It Thousands of acres of land have beeu reclaimed to cultivation by irrigation in that State during the past 10 years. 'Thousands more will be reclaimed within the next 10 years. This means an opening for many thousands of homes. You Investigated IDAHO! has been truthfully termed a Land of Opportunities A Land of Homes The Oregon Short Line Railroad Co. will be pleased to end descriptive mat ter regarding Idaho's resources. Write to D. K. Burley, G. P. A or D. S. Spen-ee- r. A. (i. P. A.. Salt Lake City, Utah. y Benjamin Hughes Ltocry and Feed Stables HACK MEETS ALL TRAINS. B. H. BROWN, Livery Feed Stable AND Hack Meets All Trains ... . . 'PHONE NO. 12 Spanish Fork rjtah Spanish Fork Co-Operative Institution, Dealers In General . Merchandise, Flour, O Grain and Produce. ttttoiaoturers of Harness, Boots td Shoes. JOHN JONES, Spanish Fork . Q rnj.t. Utah |