THE WHEAT MARKET
PATTEN'S SPECULATIONS. Press Association—By Telegraph—Copyright. NEW YORK, April 15. Mr.Patten is reported to have said that he does not intend advancing prices further. He upholds the argument'that there is not sufficient wheat to justify a corner, but only enough to raise the price and prevent shipping from the United States. The real difficulty, he says, is that the supply of wheat is not increasing proportionately to the demands of the world's population. A CURE FOR CORNERS. LONDON, April 15. The ' Morning Post' says that Mr Patten's ring has secured 3,000.000 quarters of the American visible supply. If Canada, India, and Australasia were encouraged to produce, the cornering of wheat would be a thing of the past, for a ring would never be able to start operations. LONDON, April 15. (Received April 16, at 8.35 a.m.) The American visible supply is 59.112.C00 bushels.
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Evening Star, Issue 14035, 16 April 1909, Page 6
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145THE WHEAT MARKET Evening Star, Issue 14035, 16 April 1909, Page 6
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