Business & Finance: Corn Squeeze

"Corners," as every one knows, are forbidden on most civilized stock and commodity exchanges. Not so the "squeeze," which approaches a corner without actually turning it. Last week the corn pit of the Chicago Board of Trade, slumbering in the doldrums of depression, was stirred to humming life by a squeeze worthy of the late great Benjamin P. ("Old Hutch") Hutchinson himself. Thomas Montgomery Howell, a wiry, taciturn La Salle Street grain broker who is picked by many to fill the big shoes left empty when Arthur William Cutten moved up to Winnipeg (TIME, Jan. 26), was the squeezer. Many a...

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