| Show SENSATIONAL P PANIC ANIG IN WHEAT MARKET MARKEl Fortunes Won and Lost in inBoard Wild Board of Trade Ses Ses- sion PRICES OVER DOLLAR MARK Farmer and Public Big Winners Over Exchange Gamblers Gain Gam biers Chicago o May 3 The Th Tho Chicago hoard I of f trade closed today in ono one of the thc wildest t scones scenes of its Ils hf history lo after afier fortunes for for- or- or tunes had hall been won on an and lost host Wheat I had hrut made a n sensational gain soarinG above abo the t 1 l mark and 11 the entire exchange floor hall had been n t scene of panic In which the bears wi-re wi whipped whip whip- ped pod In ho a n corner orner Prices In wheat Immediately at the theof opening of the the- board hoard jumped up upward ups wan until December wheat had gone one three cents cc over o the S 1 1 mark murl December wheat jumped from 95 03 cents nt at the closing Saturday to 10 In tho middle of if the hO morning to cloat clo elov t at th the sensationally high figure of I Ii Sic 14 c c. c S what heat rose lose to the fi figure UIe of or A anti and Clo closed ed at 97 c When hen these high bight figures had hall beer d ho the scene on In the thc hoard board wn rifle one of the wildest t disorder Men ren old oldIn oldIn In n the game nm were da dashing about a aI as asIf I If f bereft lel of oC their senses Messenger boys worn wern ru rushing from flom place to place on the run lun and everyone e seemed intent in- in See ned tnt tent upon UI out shouting the ot other It I was as tin tin- sensation of oC the year vear It was an an epoch In the wheat pit pIL of Chicago r J I Hit I it I lard Haul In this wild sc scene nl It was reported after the close E J J. J the former now n a of ot th the tue board of trade lost from froni 1 I to 1 It n cents on Z bushels Two years tar ago U h he cleared on May In wheat t In a i t ideal deal In which John W W. Gates s 11 11 prominently When the market had c closed osE this Is th I that presented itself The farmer and the till public were th the greatest winner Th They m marie made u n big big- killIns kill kill- In Ins Inn i At 1 tho th same time lime many 1 firm on the thO board boar up or thousands thousand l' l lor l'or of or dollars In the q T fir tub il h hlf fo HI 11 14 t n hb rf P n Y I. r Close High do Close today a today May la A h ili J MV iI Jul July st 91 i 97 7 17 91 St September f OT S 97 17 December 9 95 9 Ill lAI All Mi the thi- great rat anti anil small dealers were weft In lii Inthe the market The ThC supply nowhere equalled the and few Cew of or the orders ia could be b. OU There Ther was no leadership In InS Inthe S the great struggle for far wheat ha haI There lf were wen hl high b h In some of or the I late transactions There was waN also some som decline from rom th tin tin- short selling and a highest or of from 2 to 3 cents cent Among the lie blK liin winn winners rs on wheat wore were e William Ilm 11 II Bartlett Frank P. P Fm Fra ZItI aher Ben 15 B Bryan and I William H H. Yurt Wun and aud al d customers of or Logan Lo gnu gan Bryan r S fur n f. f ton and A A. J J. J White Co 70 In Liverpool prices advanced Antwerp Antwerp Ant Ant- 2 2 centimes Pane Wel was up II were 2 centimes hl higher h r and i 1 showed a rise of oC r. r centimes a a o. gain inthis inthis in m this ket of or 20 o cents ts per bushel Its Ics than two weeks a ago o These The prIces rlee shown II by cable caused a 1 floor of iu tl struggle smuggie on the Chicago exchange LOIa today Trade In aI was waR on such an scale anti and ml th hi fluctuations were so 10 violent that ball ball- vidual lI were lost o t sight Of dC Millions of oC bushels hel were BW allowed st up In tu n a twinkling III in the lie pit JIlt were veme frenzied All semblance of or Of order ordet lIe I WOK was lost as 38 th the ma mad mad- l- l brokers the time pit lilt with hug Ing orders Fortunes were made and lo lot ot t every cry minute S I Bought tat at it Top In Its the UtI scene of oC excitement nt man many un tin- i usual features developed among tra trader who vho have earned reputations for fol hi bin In- In unemotional One man heretofore i i 11 without nerves f so Ill I'll as ng helen a n man stood at th the edge Il e of oC the wheat pit mo an for foi ten H screamed at the thie top 01 oi of hI hits his voice offering to buy December n at t 1113 trades were made malIc at figures fiure ii m ill some seine Instances 3 2 cents below what tin this U tl offered He lIe finally bought at tin tilt top tOI pi Ice brokers declared that the scene following the opening of the tIme were etc without parallel and that the ref ier- 01 ou-ds ou ds made matle by Armour on ami anil other kings of wheat were wert dl dis counted d The rh volume of business done ilone was wan b lii- lii yond computation It was a n panic panle without wIthout with out a local leader leailer directing the bullIt hull bull It 11 was conceded that outside outRide buyers won Hr I In control |
