"What are the orders for to-day, sir?"

Gretry was very pale. Despite his long experience on the Board of Trade, Landry could see anxiety in every change of his expression, in every motion of his hands. The broker before answering the question crossed the room to the water cooler and drank a brief swallow. Then emptying the glass he refilled it, moistened his lips again, and again emptied and filled the goblet. He put it down, caught it up once more, filled it, emptied it, drinking now in long draughts, now in little sips. He was quite unconscious of his actions, and Landry as he watched, felt his heart sink. Things must, indeed, be at a desperate pass when Gretry, the calm, the clear-headed, the placid, was thus upset.

"Your orders?" said the broker, at last. "The same as yesterday; keep the market up—that's all. It must not go below a dollar fifteen. But act on the defensive. Don't be aggressive, unless I send word. There will probably be very heavy selling the first few moments. You can buy, each of you, up to half a million bushels apiece. If that don't keep the price up, if they still are selling after that ... well"; Gretry paused a moment, irresolutely, "well," he added suddenly, "if they are still selling freely after you've each bought half a million, I'll let you know what to do. And, look here," he continued, facing the group, "look here—keep your heads cool ... I guess to-day will decide things. Watch the Crookes crowd pretty closely. I understand they're up to something again. That's all, I guess."

Landry and the other Gretry traders hurried from the office up to the floor. Landry's heart was beating thick and slow and hard, his teeth were shut tight. Every nerve, every fibre of him braced itself with the rigidity of drawn wire, to meet the issue of the impending hours. Now, was to come the last grapple. He had never lived through a crisis such as this before. Would he prevail, would he keep his head? Would he avoid or balk the thousand and one little subterfuges, tricks, and traps that the hostile traders would prepare for him—prepare with a quickness, a suddenness that all but defied the sharpest, keenest watchfulness?

Was the gong never going to strike? He found himself, all at once, on the edge of the Wheat Pit. It was jammed tight with the crowd of traders and the excitement that disengaged itself from that tense, vehement crowd of white faces and glittering eyes was veritably sickening, veritably weakening. Men on either side of him were shouting mere incoherencies, to which nobody, not even themselves, were listening. Others silent, gnawed their nails to the quick, breathing rapidly, audibly even, their nostrils expanding and contracting. All around roared the vague thunder that since early morning had shaken the building. In the Pit the bids leaped to and fro, though the time of opening had not yet come; the very planks under foot seemed spinning about in the first huge warning swirl of the Pit's centripetal convulsion. There was dizziness in the air. Something, some infinite immeasurable power, onrushing in its eternal courses, shook the Pit in its grasp. Something deafened the ears, blinded the eyes, dulled and numbed the mind, with its roar, with the chaff and dust of its whirlwind passage, with the stupefying sense of its power, coeval with the earthquake and glacier, merciless, all-powerful, a primal basic throe of creation itself, unassailable, inviolate, and untamed.

Had the trading begun? Had the gong struck? Landry never knew, never so much as heard the clang of the great bell. All at once he was fighting; all at once he was caught, as it were, from off the stable earth, and flung headlong into the heart and centre of the Pit. What he did, he could not say; what went on about him, he could not distinguish. He only knew that roar was succeeding roar, that there was crashing through his ears, through his very brain, the combined bellow of a hundred Niagaras. Hands clutched and tore at him, his own tore and clutched in turn. The Pit was mad, was drunk and frenzied; not a man of all those who fought and scrambled and shouted who knew what he or his neighbour did. They only knew that a support long thought to be secure was giving way; not gradually, not evenly, but by horrible collapses, and equally horrible upward leaps. Now it held, now it broke, now it reformed again, rose again, then again in hideous cataclysms fell from beneath their feet to lower depths than before. The official reporter leaned back in his place, helpless. On the wall overhead, the indicator on the dial was rocking back and forth, like the mast of a ship caught in a monsoon. The price of July wheat no man could so much as approximate. The fluctuations were no longer by fractions of a cent, but by ten cents, fifteen cents twenty-five cents at a time. On one side of the Pit wheat sold at ninety cents, on the other at a dollar and a quarter.

And all the while above the din upon the floor, above the tramplings and the shoutings in the Pit, there seemed to thrill and swell that appalling roar of the Wheat itself coming in, coming on like a tidal wave, bursting through, dashing barriers aside, rolling like a measureless, almighty river, from the farms of Iowa and the ranches of California, on to the East—to the bakeshops and hungry mouths of Europe.

Landry caught one of the Gretry traders by the arm.

"What shall we do?" he shouted. "I've bought up to my limit. No more orders have come in. The market has gone from under us. What's to be done?"

"I don't know," the other shouted back, "I don't know. We're all gone to hell; looks like the last smash. There are no more supporting orders—something's gone wrong. Gretry hasn't sent any word."