New York Times
EUGENE G. SCALES, GRAIN TRADER, DIES; Was Reputed to Have Made and Lost Two Fortunes of Many
Millions. CAREER LIKE A ROMANCE Said to Have Pawned Watch in New Orleans for $200 and Pyramided That Sum Into $8,000,000.
He was said to have pawned his watch in New Orleans for $200 and pyramided that sum into $8000.000. He attained his
greatest succe=s in 1909, but his luck turned with the break in cotton that followed, and in 1914 he filed a bankruptcy petition,
with assets of $200,- 500 and liabilities of $228,..
speculation in the grain market