Evening Republican, Volume 14, Number 30, Rensselaer, Jasper County, 4 February 1910 — TOM McCOY REPORTED $75,000 WINNER ON WHEAT. [ARTICLE]
TOM McCOY REPORTED $75,000 WINNER ON WHEAT.
Former Banker is Said to Have Cleared That Amount From Speculations on Recent Market. William Donlin, a grain buyer of Delphi, was in Rensselaer Thursday and stated that he knew that Tom J. McCoy, the former Rensselaer banker, who has been a scalper in the Union Stock Yards in Chicago, since his release from the penitentiary last June, had made $75,000 last week by speculation on the wheat market. Mr. Donlin is reported to have said here that he himself made $20,000 in wheat at tire name time. There was a variation of three or four cents in the price of wheat as quoted on the board of trade last week. It first went down and then up and Tom is said to have caught it on the rise. Whether or not this is the case, no one here seems to know., but Donlin is said to have reported it as a fact. That is a powerful lot of money and if T<Jfh gets his fingers on it, it is to he hoped that he will use it judiciously.
