But before the end of the morning wheat was up two cents. Buying orders had poured in upon the market. The price had stiffened almost of itself. Above the indicator upon the great dial there seemed to be an invisible, inexplicable magnet that lifted it higher and higher, for all the strenuous efforts of the Bears to drag it down.
A feeling of nervousness began to prevail. The small traders, who had been wild to sell short during the first days of the movement, began on Monday to cover a little here and there.
“Now,” declared Jadwin that night, “now’s the time to open up all along the line hard . If we start her with a rush tomorrow morning, she’ll go to a dollar all by herself.”
Tuesday morning, therefore, the Gretry-Converse traders bought another five million bushels. The price under this stimulus went up with the buoyancy of a feather. The little shorts, more and more uneasy, and beginning to cover by the scores, forced it up even higher.