Show IS BUMPED BIG speculator REPORTED to toa 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 1 chicago the private settlement of theodore 11 watermans Water mans squeeze in may wheat the unloads unloading ng of 8 bushels of september wheat by james A and george W patten and announcement of their withdrawal from the brokerage firm of which they have been members for a generation and at least temporarily from business la i not net decline in prices ranging from ac in september or to more than be in may made thursday may 26 a day in wheat destined to take rank with other moi me fentous days on the chicago board of trade james A patten eft his bis office thursday night wearing a smile and in his limousine had leisure to realize and estimate his losses at anywhere between and 1 for the day traders are assured that theodore 11 waterman the albany miller the leading long in may has haa carried his deal through to a successful conclusion and forced the leading short interests to settle with him at his own price generally believed believe d to have been around 1 many efforts to gauge his profits have been futile J leisch belsch stein Is said io to have been the leading short in this option but chiefly as agent for a big elevator concern several cargoes of actual wheat were delivered to waterman during the last ten days in an endeavor to break the market the latter lent bent but did not break |