Show BIG WHEAT DEAL career of leiter the wheat king cudahy and others started into pluck the young man but were themselves the worst plucked chicago dec 25 the big wheat deil for december which ie fast approaching a climax has excited much curiosity among all classes aa to who this man joseph leiter i who bag so cornered the wheat market five years joe leiter the new wheat king 0 chicago graduated from harvard friends ot his father levi Z leiter BUggea ted that the young man allowed to follow the ot s gentleman of leisure they did not con eider him capable of attending to the affairs of lift for a year and a half the elder leiter thought it over while the son traveled I 1 and bunted big came in the wild and woolly then the two held a con ference mr leiter asked joeeph what be intended makile of himself joseph geee be would like to go into busi f of what aart asked the father i care of your would be about right replied the eon the man bt milious admired the houna mans nerve but he was a bit edep ical ho determined to put joseph oo 00 probation for a year at the end ot that time air letter sr in examining into bis affairs found that mr leiter jr bad made good use of bie talents I 1 be bad not only not let anything ret away from him but bad increased bai fathers rentals to the extent of thia was enough to convince levi Z leiter thai bia eon was made of the proper bluff any man who could get more out of lie property than be could was worth more then parental esteem so mr leitar placed all of his interests in the mans bande and repaired to washington the rest of bis days in ease today joe letter manages the entire letter estate which is valued at youna leiter is over six feet in height with the figure of an apollo he buys I 1 food clothed and he knows how to wear them borne of bis raiment looks loud but this general effect may more by his large physical proportions than by the eize of the checks in the clothes early in the eummer young loiter thought be baw his way eler to make a biz profit in wheat which was then 11 ing at ca cents he took bie former college mate george B frelih then con necked with the firm of allen grier as h broker and began to deal in the september option it wae not mr letters to run a corner or into settling their margin loses he bad satisfied himself there big shortage in oreion crops and relied 11 upon handling the actual erain and making bie profit a the difference between the buying price here and the belling price abroad abbad abundant capital in ready cash end was in shape 10 pay for every boebel of wheat hie amente could buy the were the condition when he put french into the pit with ine truc lions 0 o take all the september wheat offered men like armour aay the Wear esaud ot ers knew of the crop but were not advised ae to leiters plans their judgment ju dement upon what had been done tn the bame line before they to themselves heres a young lets pluck him so as fast french and bie us bid for heat the armour clique sold it most of their sales beann merely wind they had no wheat but expected that before the end of he month they could btttle at a profit but instead of thie went up armour and the rett of them hustled bara to get grain hero 0 o deliver on their exlee and in instances they did by paying higher prices in da lath a d minneapolis than they bail old at in thie we dooe rather than admit the humility ot defeat and au leiter insisted insi eted upon having tho act what the september deal cost ai is mere conjecture good judges and these figurea are not letters december deal bids fair be tully ae a his gep tamber yen tire thare is now fleas than million hu hels of cont act wheat in tore here to u beet d livere of double but amount a anle e a decided warm all it ill be impo wible to blocks by ly anant |