Show I GRAIN GAMBLERS I PLAY PLA Y STA Fortunes Made and Fortunes 5 Lost in Twinkling of an Eye I I i. S PATTENS PATTEN'S CORNER HOLDS HOLD t. t I J Chicago Plunger Wins 2000 t on Com Coni and Loses 5 on Oats 5 O r 4 M 9 M 4 M 4 M t tO t-M-H-M-tO t o. o i t BIG WINNERS t IX IN CORN J S tf f James A A. A Patten Paten 4 V. w H. H I i. i Bartlett 4 J f G George ure W. W Palen Patten I f William A A. Long l I ICharles f Charles le Con Congdon don 50 f 4 Jack Allen Alen 4 f I IB I B Biggest t LQ Loser cr In Iu Corn Coin V Vf 1 t f J. J Ogden Armour S 4 B rt Winner In iii II Wheat S t 4 J J. J Og Ogden en Armour f ff I IBi f 4 Bi ct l In lii Oats Ozit James Jame A. A Fatten Patten Paten I t W. W v. v H H. Bartlett 4 4 4 O C 4 H 4 O T Chicago 1 May a 3 2 29 Amid the Iho great greatest est of excitement an and amid Scenes cenes un unparalleled ml- ml ui- ui parlee paralleled in lii th the tho history of or the tho Chicago Chi Cht cago Dom Board u oC of Trade lade the three great corners In May ay coln torn oats ats and alel I wheat wheat v. v J I d j oit at it t l o. o I Fe Fortunes were made an and fortunes were lost in the lie twinkling of or an eye Many Ian of the old established houses on tho the board were put to a severe strain to meet their obligations The fact tact that there thero was Wa not a single d c default de- de 1 fault made In contracts speaks idI l j jI jures umes ures for the s stability ability of or Chicago o business bus bus- I mess iness Ines housesIt houses i It I Js It the lie last big big ncr cot on on the v Chicago Board d of Trade was a remark re- re r r murk mark frequently frequent heard hear Tonight tho the men meu who batte battled foi fo t fortunes are c trying to ascertain where they the stand stan Ian are arc counting their gains many others arc are gazing gu ruefully ruefully rue rue- fully at the debit side of or their ledgers ledger and th the tho shrunken shi size size- of or their Itch bank banic accounts Many of or the largest dealers on the hc he I board ln timid themselves with long Ions lines linea of oC wheat oats arid and corn on their hands These cereals must be marketed mar mar mar- Not oL until the last bushel shall have been sol sold wl will sonic some of oC th the men men be able to tell teU whether they ar aro wInners winners winners win wIn- ners or losers oser Time t u 1 o I J li r I on mW JW 1 0 r tf trig i g I N thi o man f angles to ry J 1 t U UUro Uro ro- ro n c known quiz quiz-c time beor J t s 's definitely know 1 Just where C man man nd and t every tra trader el and ti r all ni parts parts of or time the country were u stands James A. A Patten Paten millionaire plunger the time man who engineered the great cOIner corner in May ra corn COln that went through to a successful finish and the man mami who em engineered a n disastrous corner In May Oats cean cleaned d up by I his gigantic deal eal in corn approximately He lie lost host In his deal dealin el S SIn in oats something l like c ac accordIng according tic tic- cording to the tho best Informed men on time the board Patten himself himsel refuses to s say Just what his winnings are I Patten's Pattens Palen's deal in lit May a corn cOln began last October The biggest lino Uno of corn that he ho ha had at any anyone one time was was- something like bushels He Ic began buying corn when the time price was I down aroun around 48 18 cents a a bushel Today Today To To- day corn reached its is highest tsure figure in S years 82 3 4 3 cents a bushel bushel 1 Thinking In lii Millions I IThe The Tho Patten Paten following on the Chicago go 1 board boar ha had probably ten million bushI bushels bushels bush bush- S I els cIs of or corn Thero There were ere probably I thirty million milon bushels of the lie yellow cloW cereal involved In Iii the deal eal At an an- anI I average price paid ml for the corn of or 65 cents a bushel which probably Js jg iscon con con- there hot was WS involved involved in in- 5 in Iii tho the deal deal Patten Paten failed to squeeze the tha shorts as he had lied lJ been en to ode odein do doin 0 in corn cor All Al da day ho sat st at In In his bis office olce with and made private settlements wih r shorts horts who begged for for- mercy Many on of these settlements were ero Juit made Ju just t how man many no one ono knows and no ono on I ever will i know They Thoy saved R cd some I defaults on contracts in all ni probability I j and amI on Oit tiLe the Chicago Board Doard oft of Trade a a t default In Iii a n contract is equivalent to toa toa t ta settlements cost failure These a Patton Patten Paten mono money With corn cOIn boom booming In I going higher arid and higher at t ev every ry jump he lie could have sent word to the thc pit to put on the screws ws and it would have ha e been done But nut he I I preferred In most cS cases S to settle sette privately I atol retch with wih tho men who found themselves them them- selves on the the wrong side of tho the mareL market market mar mar- S 1 ket ket eL Slips Up on 01 Oats able to do In t But hat Patten was wn il corn n he lie was unable to do in otts oit- With cor t William II H. Bartlett h he started out m un p 1 I GRAIN GAMBLERS pLA PLAY Y BIG STAKES Continued Prom Frum Ine One On months ago aso to corner May l oats He Ho hall had r holding In futures and cash oats oai at one time of or bushels according to the tho best figures Oats are a n drug on the tile market They are arc dead dall Patten could not swing his corner r successfully He lie stands to lose abou about S' S in oats stud and nd h he has an Immense amount on hand to mer mer- chandise e. e T T. Ogden Og Armour at Cf all times controlled controlled con con- trolled the May Ia wheat market Ho lIo Holias ha has lias practically nil nit oj the tho May fa wheat heat wh at th there thera r is in he lie country Consequently he was w wable able to manipulate the price on wheat ns us 1 saw sau fit lIe He probably ma made mad 1 in iu his bis May wheat deal but he lc lost icat t say some of or orthe the best Informed men on the tho Board Doard of Track by being on ot O the wrong side sId sIdor of or the th corn carn market t Armours Armour's holdings hold hold- ings inga In May wheat futures and anti cash probably were Cf as high IA at The lo losers in May wheat are scattered scattered scat- scat ered froni one en end of oC the tho country countr tc to the other T T. II I. Waterman of Al AI ban bany N N. Y 1 Is a 11 i. i big Dig winner A group grouT of Wall ail an street men arc arc- big losers So are fire a number of foreign trailers traders ders rl gl Ills Winner Every commission house and cry p l' l in the th cr say the to expert os money y In May l its o-its HN The rhe f armor ire are the tho big winners in this Instance nC They rhey sold vh n oats outs were high The price lea Ir tho the dealers and anti ho tile anti and th the speculators with the he product on their ha hands ds Th it I h 1 er- er r- r j 1 1 2 eard u P n I long ng b bf b. b f forb ro ii tho the o r tig nd 5 11 CI nv- nv I nt 9 I fUI 1 c of ot men len V tU nu- nu and ani with v lh n th 1 C C C i i ii H n. n Ji cf cc Seriousness on pt hc tim tl situation The tIa la er J j be bc closed out J I 11 I 5 coset ri f or j c ii rv 3 one could toil ten wJ whit t wIl ild i hal i 4 |