Some years ago a wheat broker lof Chicago failed for several mile Tions of dollars; n couple of days ago he leaped to his death from the 15th "storey of the Westminister Building in the central district of Chicago with 35 cents in his pocket.
It is possible that some of your readers may remember this man, E, W. Wagner. He was the head of the grain brokers of that name, who atone time dominated. the Chicago wheat pit, and the firm's failure brought quite a sensation in financial circles." He was aman of about 60 years of age, and was said have bee rei appealed sporting instincts, Speaking of wheat, it may be said that $1.50 seems' to be the level below which buying and above which selling alternatately takes the centre of the The movements of wheat, ave this year been result of speculative rather than economi There was no more ju running up of wheat to over February than there was in its subsequent drop to $1.86 three months later. Neither would there be any more soundness runaway bull market for wheat today than there would be for neglecting it entirely. But present es: imates of the United States crop would lend themselves readily. to much higher prices than at present prevail, just as the abundant Canadian crop can be used by the bear element to start a starapede of selling orders, Shanghai importers of American wheat may be interested to know felt in this ions and pros-But what whim may strike the speculative operators to-morrow ne man can foresee. If such things could be foreseen, poor old Wagner would not have" been induced to take his life by jumping from a skyscraper with less than half a dollar left of the maty millions he had at one time accumulated, French Air Progress Tam given to understand that the French aeroplane manufacturer, M. Brueget, in one of whose planes the famous 'D'Oisy made his Paris to Shanghai flight last summer, is busy with a new design of plane for overseas trade. He is now testing! 2 plane for a Paris to Buenos Aires trip, not differing much from Lieut, D'Oisy's plane except for the fact that dead weight as well as gas consumption is considerably reduced, is said to weigh 15 tone, is fitted with two 1000 lip. motors, develops a speed of 120 to 150 mph. has small compartments about the size Pullman, drawing room for Dassengers; and has-eight men for the exew. "The reserve tanks "will contain "five tons "of gas for the. Journey, which is expected not wtceed 60 hours, and the fare will be less by a good deal than the present sea rates. M. Brueget believes
Text read from the printed page and cleaned; old type leaves the occasional error.