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Broke The Corn Corner

Broke The Corn Corner image
Parent Issue
Day
19
Month
December
Year
1902
Copyright
Public Domain
OCR Text

Chicago, Dec. 18.- Bulls and bears of the Chicago board of trade had a sharp and decisive struggle over December corn Wednesday. W. W. McCleary & Co. failed to respond to margin calls and the socalled "blind pool," headed by Thomas A Cleage of St. Louis, suffered a severe setback. December corn receded almost 6 cents during the day and showed a break of about 11 cents since earlier in the month. Mr. Cleage's pool has about 8,000 members. He has been operating in St. Louis, Kansas City and Chicago, and at one time is said to have had as much as 15,000,000 bushels of corn in these three markets.