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GRAIN SPECULATOR

VIOLATION OF ACT

PROHIBITED FROM TRADING

Telegraph—Copyright)

WASHINGTON, 14th February.

A special Cabinet committee composed of Messrs H. A. Wallace, D. C. Roper and H. S. Cummings found Arthur Cutten, one of the large speculators on the Chicago Board of Trade guilty of violation of several provisions of the so-called Grain Future Act. He was prohibited from trading on any exchange of thet nation for two years. The committee declared that he frequently failed to report holdings in excess of 500,000 bushels as required by the'law and operated through eight firms and disguised his dealings to manipulate prices.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19350216.2.62

Bibliographic details

Nelson Evening Mail, Volume LXVI, 16 February 1935, Page 7

Word Count
100

GRAIN SPECULATOR Nelson Evening Mail, Volume LXVI, 16 February 1935, Page 7

GRAIN SPECULATOR Nelson Evening Mail, Volume LXVI, 16 February 1935, Page 7

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