Show OUTTEN CUTTEN WHEAT PROFITS RATED BATED QUARTER MILLION CHICAGO Aug ug 1 Close Close followers follow follow- ers era of grain dealing on the Chicago board of trade today credited Arthur Arthur Arthur Ar Ar- thur W W. Cutten with a successful squeeze at yesterdays yesterday's trading session with profits that may ap approach approach approach ap- ap Cutten last year became known as the corn king when he tool took huge profits in that grain but his operations r recently centy have been shift shifted t ed to the wheat pit He is believed to have hav sold more than bushels of ot wheat yesterday yesterdayS with profits of ot about 20 cents a bushel Board of ot trade members were In Insistent insistent in- in in itt declaring there was no corner but that Cutten simply had bought July wheat two months ago and held it i in the face foce of market market market mar mar- ket fluctuations Yesterday found the market over oversold old and many dealers dealers deal deal- ers era were compelled to buy at any price so that they could meet July deliveries Cutten had plenty of ut July wheat but he forced the short Interests to bid up before selling The Te market market market mar mar- ket closed with July wheat at i to a bushel an ad advance advance advance ad- ad vance of ot 9 cents for tor the day and 17 cents higher than thon last Tuesday Recent demands of one member of the board to investigate possibility possibility of ot a corner in wheat were dropped when the member failed to appear at ot an executive meeting to press his charges |