When cotton was selling for 10, per Ib. early in April. William Wrigley Jr., Chicago gum tycoon, thought it looked like a good investment. He announced he would buy 200,000 bales with the proceeds of his gum sales in the South (TIME, April 13). Last week cotton hovered just above 6¢ per Ib., which meant that Gum Man Wrigley had so far sustained a 40% paper loss. But 6¢ cotton looked like a good investment to another Chicagoan. Edward Aloysius Cudahy Jr., president of Cudahy Packing Co. More cautious than Gum Man...
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