Word: cutten
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...miles of locomotives and my job is to build them.' There was another rumor of a stock market corner in Baldwin. I laughed; 'The only corners I know of in Baldwin are the four corners on every Baldwin stock certificate.' I was wrong, for Arthur W. Cutten, quiet calculator in Chicago, had built a corner in Baldwin. Newspapers reputed his profits...
...Cutten could do nothing about it save abuse the Messrs. Howell and Livermore beneath his breath and hope with a great hope that Secretary Jardine would order an investigation, discover collusion, punish his oppressors...
Last Black Friday that is, March 13 when the Messrs. Jesse L. Livermore (Manhattan) and Thomas Howell (Chicago) loosed an avalanche of wheat and rye that proceeded right through the bottom of the grain market, Mr. Arthur Cutten (Chicago) was notably annoyed and the U. S. Department of Agriculture was somewhat alarmed (TIME, Mar. 23, 30, BUSINESS). Mr. Cutten was annoyed because he, the big holder of wheat and rye, was feeling bullish, and his enormous paper profits were being swept rudely into oblivion . Also , Mr. Cutten felt that the catastrophe had been timed purposely to do him injury, since...
Thus far, conjecture has mostly centered about Jesse L. Livermore, veteran of many a successful "bear raid." Mr. Livermore is in Florida, and according to report, he has been keeping the Chicago wires of brokerage houses hot with his selling orders. Financial editors are also wondering just what Arthur Cutten, erstwhile successful "bull" operator in grain, has been doing recently- whether he has also been quietly unloading his "long" line of staple cereals, or calmly accepting a 20% drop in their value...
Possibly it amuses Trader Cutten to see the agents of Russia, Bulgaria, Turkey and Austria anxiously watching their credit against the time when he decides to sell. A cartoon once depicted him ? a thin, awkward composed figure ? standing upon an elevation from which, with deprecating gesture, he tossed down handfuls of grain to grubby statesmen who scrambled for them at his feet. Ludicrously exaggerated as this depiction appeared, what it implied was, as a generality, correct; nor did it err in what it suggested as to the thinness, mildness, composure of Trader Cutten. Such...