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Show LANT0N ENGINEERING , BIG WHEAT DEALJ 8T. LflUiS. May ZT. William Lan-yea Lan-yea ia eagineeriag one of tho biggest wheat deals ever attempted her. Mora thaa 1,000.000 bushels of May wheat, valued at nearly l,OO0,C00, arc involved in-volved rin the transaetioa. Ha is oa tha bull side aad insists that every bushel of wheat which he has bought en option shall be delivered te him at tho Chicago market price, which ia 90 cents a bushel. l.anywa aaid today he expected kir leliveriee before the last of Mar will exceed 1.000.000 butbels and that he is prepared te par cats for -it all. If the deliveries are net made the "ahorta''wtll have to pav Lanvoa tke differeaee betweea the oriee at which be bought it aad the Chicago market prica. Lanvoa ia now credited with holdiag all the No. t red wheat for May delivery (hat ia ia sight ia St. Lotus. |