Salt Lake Telegram | 1915-01-26 | Page 11 | "Mental Condition Regulates Prices"

MENTAL CONDITION REGULATES PRICES CHICAGO ran Jan 26 optimism Optimism and pessimism have haTo a direct beRrin bearing on the price of grain accord according In to m James s A. A Patten veteran grain dealer BU and aud board boar of leader leader testifying today in the tho government nt snit nit for the dissolution of tho ho f call committee ommittee of the board of trad trade The chief feature in fixing price Mr r. r Patten testified was Wall the pro problem of sup sup- ply ph and demand 4 There arc are other causes besides lIide supply sup sup- ply pi v nn and demand said Mid Mr Ir Patton Patten Take rake 4 for in instance tance in the years veers 1893 to tho entire country was in a pessimistic state tate of mind If the people peo pea pie feel well and aud sleep well at night they her wi will be in an optimistic state of ol mind They will trill b be more mor willing to look at things in in an optimistic wa way Consequently price will be good oti In 1893 to 1306 1806 tIt tile the prices all over the thc theco co country in a very verr poor state