Show U PATTEN IS BUMPED I BIG SPECULATOR REPORTED TO I I HAVE LOST MORE THAN A MILLION IN A DAY Albany Miller Successfully Carries Deal Through and Forces Leading Short Interests to Settle With Him at His Own Price i Chicago The The private settlement oft or Theodore H. H Watermans Waterman's squeeze in Ma May wheat the unloading of 8 S- bushels of September wheat by James A. A and George W. W Patten Fatten and announcement of their withdrawal withdrawal withdrawal with with- from the brokerage firm of which they have o been members for fora a generation and at least temporarily ily from business a net decline in prices ranging from in Septem Septem- September ber to more than in May made Thursday May 26 20 a day in wheat destined to take rank with other momentous mo days on the Chicago board of trade James A. A Patten Fatten left his office Tl Thursday night wearing a smile mlle and andIn andIn andIn In his hi'S limousine had leisure to realize real ize and estimate his losses at anywhere anywhere anywhere any any- where between between and for the day Traders are assured that Theodore H. H Waterman the tine Albany miller the leading long In May has carried d his deal leal through to a successful conclusion ion sion and forced the leading short interests interests in in- to settle with him at t his own price rice generally believed to have bave been around round Many efforts to gauge Ills his us profits have been futile J. J stein is said to have been the leadIng lead lead- Ing ng short in hi this option but chiefly as LS agent for tor a big elevator concern Several cargoes of ac actual ual wheat were vere delivered to Waterman during the he last ten days in an endeavor to break the market The latter bent but Ut did not break |