THE WHEAT MARKET
—•. .> MR. PATTEN'S SPECULATIONS. ■- PREDICTS A BREAD FAMINE^ THE CORNER CANNOT SUCCEED. Press Association—By Telegraph—Copyright. NEW YORK, April 17. Mr Patten, the wheat speculator, prophesies that before many months the people of Europe will be stricken with a bread famine. Patten has had to engage u detective to protect- him, owing to the public indignation against gambling in foodstuffs. Mr Wilson, Secretary of Agriculture, says that Mr Patten is reckoning the supplies at too low a figure. Only one wheat corner had ever succeeded—that conducted by Mr Joseph, of Egypt. Mr J. J. Hill prophesies that wheat will not return to low prices for a long time. LONDON, April 17. The 'Economist' declares that Mr Patten's corner is far less important to the British working classes than any of the big past manipulations. It is evident, that the high prices in London must be attributed to other causes than the Chicago manipulation. " Beerbohm's" wheat estimates are for four months.
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Evening Star, Issue 14037, 19 April 1909, Page 6
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161THE WHEAT MARKET Evening Star, Issue 14037, 19 April 1909, Page 6
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