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Show GATES GETS FROM UNDER Wheat Deal Proves Too Much and Financier Unloads. CHICAGO, April 20. A break of 5 cents occurred here today In the price of May wheat. That the celebrated May deal attributed to John W. GaUs la being be-ing wound up became a general belief in Board of Trade circles. Today's sensational sen-sational developments lent color,, to the widespread opinion that Gates, realizing realiz-ing his inability to swing the nearby option to the lofty mark he had in mind, shifted the deal to the hands of J. Og-den Og-den Armour and P. A. Valentine. The early part of today's session was full of puzzling angles. Conditions on the surface. Indicated to many that Gates and Armour were getting out of May Into July, the principal support to the more distant option coming from the Armour forces. May opened at $1.13 to $1.13ri and for a time held comparatively compara-tively steady. Later sentiment In the pit became extremely bearish and amid much excitement prices rapidly declined until May touched $1.0S4. Distant deliveries de-liveries also were weak, influenced to some extent by shorts, but the market closed extremely weak with May down 3c to $1.10. The July option opened a shade to c lower at 87 to 871487c and sold up to 87c. The close was 6Uc lower at 87?iQ87V4c. i i |