THE WHEAT GAMBLE.
PATTEN’S “MODERATION.”
TOOK MUCH. LESS THAN HE
MIGHT,
United Press Association—Copyright
(Received May 31, 10.10 p.m.) ' NEW YORK, May 31
Patten’s -position was so strong lb;.t lie could have, domanded five dollirs (£1) per bushel. 'Ho .accepted 34 cents (5s 7d) and cleared £400,000 sterling as profit personally, and his associates £300,000. Patten gave his erpo 1 nees a bonus of 10 per cent, on their salaries for the year. The "Times” New York correspondent reports that most of the; are professional speculators, and that in the opinion of many Patten’s contention that there is less wheat in the world than is generally believed has proved correct.
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Gisborne Times, Volume XXVII, Issue 2516, 1 June 1909, Page 5
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110THE WHEAT GAMBLE. Gisborne Times, Volume XXVII, Issue 2516, 1 June 1909, Page 5
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