Cotton and Coin

Pacific Press Publishing Association · Mountain View, California · Nov 24, 1909

FromSigns of the Times, Vol. 36, No. 46.

It is a sad thing when conditions are such and always are such as to permit two commodities as much needed as cotton and wheat, to be at the mercy of unprincipled speculators. For instance, it is stated that Patten, who made last May about five million dollars in wheat, pocketed, in one day, about four million dollars in cotton. The cotton was forced up from nine cents a pound to fourteen, and it is stated that it may reach sixteen cents.