“She’ll react,” warned Gretry, “sure. Crookes and Sweeny haven’t taken a hand yet. Look out for a heavy French crop. We’ll get reports on it soon now. You’re playing with a gun, J. , that kicks further than it shoots.”

“We’ve not shot her yet,” Jadwin said. “We’re only just loading her⁠—for Bears,” he added, with a wink.

In July came the harvesting returns from all over the country, proving conclusively that for the first time in six years, the United States crop was to be small and poor. The yield was moderate. Only part of it could be graded as “contract.” Good wheat would be valuable from now on. Jadwin bought again, and again it was a lot of half a million bushels.

Then came the first manifestation of that marvellous golden luck that was to follow Curtis Jadwin through all the coming months. The French wheat crop was announced as poor. In Germany the yield was to be far below the normal. All through Hungary the potato and rye crops were light.