| Show BROKERS HUT MAUL MADU y j 5 f I O I mt i J y J ft I j 1 t. t i I e Cornered Wheat Puts Thirty Seven Millions of Man Who May 1 Dollars Dells Dells' rs Into Pockets of Ameri American an Farmers Chica Chicago April 3 Over it-Over Over has be been n put into b United States by the spec spec- of f the farmers ofay of tl the e the pockets ofin inthe wheat which wInch James James-A. J James James- A. A Patten and his lus asare ason as- as M d in May l ay the Chicago bon board rd o of trade trad soci tes a aTo are carrying on on the arc To hp be e ns as These figures are arrived at in tl th the j I Best estimates c of of following manner tho the amount of or wheat now upon tit tho bins c of ot I and farms n In the the men who plant cultivate reap an and thresh the grain grain Is Is bu bushels bush bushels h- h els chi In tho the United States During During- the week that has hns jut just ended prices of or May luY wheat upon th tho Chicago board ranged from 12 a n bushel to These prices ar are abnormal They are arc the highest touched b by May lIny wheat which Is not now at least 27 cents a bushel higher than It would have been had not th the thereat movement of ot tho the Icing king o othe of great reat bull bun the he pit been Inaugurated With AVIth these thes bushels and 27 figures basis of calculations the cents as ns a fIgure Is easy trade trado h huse to On tho Chicago boar board of or tho of of- one of tho biggest biggest biggest big big- use gest operators every ever ono one Is bul bull the tin crazy N Never ver In the history of wheat pit has there existed such s a n condition of affairs as ns holds at the present time Never has there been beet I such sueJi suc 1 a wild scramble le to Jo o buy Ma May 1 a I wheat or July wheat It matters not it all aU looks alike to the frenzies frenzied It In crowd which wants a line lino of ot wheat anticipation of or a raise In prices o othe of ot anc and the commodity Its going up up Get aboard the bandwagon Bushels Dump t Ono One Million I James A A. A Patten out of or his long line linen of May Ia wheat toU today Just to keep the thI prices from skyrocketing and Iron from going to too high a figure dumped dumper one million bushels of- of May I wheat In it Inho ho tho pit Like a school of ot hungry trout rising million million million mil mil- brokers nabbed up tho the to 10 the 11 fly ny y lion bushels It riia all fo-all s sold ld In less time than it takes to tell about It it Men Ien fought to get gel a slice of ot this wheat The They crowded 1 and the they pitched pitch pitch- ed and they shoved they battered atter 1 hats nn and the they tore toro t In their then efforts to buy wheat The Tho price wana was wan wasa a secondary question The They d' d wheat Some of or them got sot It others other wore were disappointed The reason for tor all aU of ot this frenzy frenz Patten an and existing conditions I started his him 1 When hn eti James A AI Patt Patten n I gl gigantic deal In InIn May In wheat a deal dea compared to which all other denim deals I upon the tho Chicago hoard board of or trade fads fade Into Insignificance a 0 deal eal which unless un un- unless I circumstances come tc to toI Ic less ss unforeseen his associates asso will net Patten Patton and I pa pass s elates clates millions of or dollars he bellev believed that there was a shortage of or grain graft In the United States Stales He staked his him millions upon tho strength of or these convictions lie He gambled An And results re re- re suits have shown that the Patter Patten convictions were based on the roc rock of truth Men fn Who Tho Know lIow Market Men who know the the tho wheat market and who watch not only prices but the conditions which make prices upon liner the Chicago board boar will tell you things In language about like tho following follow tollow- ing lug Tho The country countr ha has bought wheat ortho on or tho tho- backward spring an and upon the tic growing weather upon the fad poor hat ham that In many localities tho the plant Continued on Page iago Three e. BROKERS FIGHT MADLY TO BUY WHEAT OPTIONS Continued from frum Ono Oln of ot having been winter winter win the appearance in inthe Inthe inthe that in some somo points killed ter tel the central states and anc generally throughout the Southwest millers miers are arc arcin because unenviable po position In an they do not know where their wheat is coming from milling purposes for the spring is backward and und that that weather Is badly needed that warm the farmers are holding their wheat whet anticipation of or even een greater profits in itt There is 18 tile the situation That's why wheat market Is la bull bul mad the S |
