Pine Bluff daily graphic., 1909-04-22
EATEN IS WORLDS
 GREATEST PROPHET
Market Experts Estimate That He and His COteric Have Sold the Public .O.0O0,OGN HaslieIs


 and s5,oO0,0OO on the May wheat deal" says the Tribune in news ar ticle today.
 "Of this amount Patten has pocket cd fully by two-thirds
 Market experts estimate that the broker and his coterie have sold to the Public 20.00O.oo0 bushels of May wheat at average profit of 2Oc, giving them a profit of $4,0OO,0O0, and be- sides this, he has made a substantial profit on July wheat, to say nothing of the September and December op- tions which he has scathed in the deal for profit of from } to sc, making his total winnings not much under s5,O0O,O0O.'
 Most Dramatic Scene
 No more dramatic scene has been witnessed on the Chicago exchange than when the government report on wheat was chalked I'D. It sent May wheat to $1.30 within a few hours. It occurred precisely at : o'clock in the morning. A bit of yellow paper was hurriedly handed up to the man on the ladder. The strain was now in- tense Millions were at stake. The man at the board traced figure eight in the black space. Bears hearts sank they had hoped for a nine. Then the chalk started to trace the curving lines of figure two. The traders waited for no more. One concentra5- ed yell arose from the floor with the sharpness and suddenness of a thund- CT clap They had read S2 per cent What it meant was that the world was short of wheat.
 Meanwhile James \. Patten. the wheat king of the world, sat smiling across the street in his office. It was some six months ago that this wise prophet. who for years has been studying the wheat situation, walked into the Board of Trade when May wheat was selling at $1O5, and told that that wheat would go to $1.25. Some of them laughed at him: others followed his advice and bought. Those who were wise enough to buy are to- day wealthier by many million do'- lars.
 Prophecy Not Guess Work
 This prophecy is no guess work with James A. Patten. He merely an- ticipated the government report and the reports from foreign countries. The world is short of wheat this year and Patten knew it. Now that it 's verified those who laughed at him are wondering how they could have been such fools.
 When your representative called man this wheat king really was, he found a very ordinary looking man smoking long cigar. He is quiet of nature and spends his evenings at home with his family. reading and smOking Mr. Patten is a model hus- band and business man. His working day is devoted to his business absol utely and his evenings are just as de- voted to his family circle and to rest He does not dr nk, does not gamble or dissipate in any form. He retres to bed early in the evening, usually about o'clock, and is up early the follow ing morning, wide awake and ready for his work. He never carries his with him, leaving it all at the office to be attacked with renewed vigor the next morning. This is why he is able to grasp situations better than some of the others who have been "out with the boys" the night before. Mrs. Patten possesses a very charm ing personality and is a great admirer of her husband. Mir. Patten seldom ever talks, owe rbusiness affairs with ner because he leaves them all at the office.
 Patten Intensely Human
 With all his work and business, MT. Patten is intensely human. He takes a great interest in the affairs of the people around him. He gives much to charity in a quiet way and has aid- ed education by his handsome donat- ions to the Northwestern University.
 MT. Patten has been identified with the Chicago Board of Trade for many years. He very seldom appears on the floor, but he is in close touch with it through his representatives. It was only few years ago that he was Ok