Another "big operator" has been developed this Spring by the sharp rise of grain in the Chicago Board of Trade pits,−Arthur W. Cutten. His dealings in grain this Spring are said to have netted him $1,800,000.
Born in Guelph, Ontario, in 1870, Cutten was successively a clerk in a hardware store, a brokers' messenger boy, a trader in the grain pits and member of the Chicago Board of Trade, and a dirt farmer and cash grain merchant. Earlier in the year, in the belief that a natural bull market in grains was ahead, he bought corn options at 75 cents a bushel....
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