Argentine Jorge Bergoglio Elected Pope

VATICAN CITY (CBS/AP) -- Argentine Jorge Bergoglio was elected pope Wednesday and chose the papal name Francis, becoming first pontiff from the Americas and the first from outside Europe in more than a millennium.

A stunned-looking Bergoglio shyly waved to the crowd of tens of thousands of people who gathered in St. Peter's Square, marveling that the cardinals had had to look to "the end of the earth" to find a bishop of Rome.

He asked for prayers for himself, and for retired Pope Benedict XVI, whose stunning resignation paved the way for the tumultuous conclave that brought the first Jesuit to the papacy. The cardinal electors overcame deep divisions to select the 266th pontiff in a remarkably fast conclave.

PHOTOS: Argentine Jorge Bergoglio Elected Pope

Bergoglio had reportedly finished second in the 2005 conclave that produced Benedict -- who last month became the first pope to resign in 600 years.

After announcing `'Habemus Papum" -- `'We have a pope!" -- a cardinal standing on the balcony of St. Peter's Basilica on Wednesday revealed the identity of the new pontiff, using his Latin name.

The 76-year-old archbishop of Buenos Aires has spent nearly his entire career at home in Argentina, overseeing churches and shoe-leather priests.

Tens of thousands of people who braved cold rain to watch the smokestack atop the Sistine Chapel jumped in joy when white smoke poured out a few minutes past 7 p.m., many shouting "Habemus Papam!" or "We have a pope!" -- as the bells of St. Peter's Basilica and churches across Rome pealed.

Chants of `'Long live the pope!" arose from the throngs of faithful, many with tears in their eyes. Crowds went wild as the Vatican and Italian military bands marched through the square and up the steps of the basilica, followed by Swiss Guards in silver helmets and full regalia.

They played the introduction to the Vatican and Italian anthems and the crowd, which numbered at least 50,000, joined in, waving flags from countries around the world.

"I can't explain how happy I am right down," said Ben Canete, a 32-year-old Filipino, jumping up and down in excitement.

Elected on the fifth ballot, Francis was chosen in one of the fastest conclaves in years, remarkable given there was no clear front-runner going into the vote and that the church had been in turmoil following the upheaval unleashed by Pope Benedict XVI's surprise resignation.

A winner must receive 77 votes, or two-thirds of the 115, to be named pope.

For comparison's sake, Benedict was elected on the fourth ballot in 2005 -- but he was the clear front-runner going into the vote. Pope John Paul II was elected on the eighth ballot in 1978 to become the first non-Italian pope in 455 years.

Patrizia Rizzo ran down the main boulevard to the piazza with her two children as soon as she heard the news on the car radio. "I parked the car ... and dashed to the square, she said. "It's so exciting, as Romans we had to come."

The Vatican spokesman the Rev. Federico Lombardi said it was a "good hypothesis" that the pope would be installed next Tuesday, on the feast of St. Joseph, patron saint of the universal church.

Unlike the confusion that reigned during the 2005 conclave, the smoke this time around has been clear: black during the first two rounds of burned ballots, and then a clear white on Wednesday night -- thanks to special smoke flares akin to those used in soccer matches or protests that were lit in the chapel ovens.

The Vatican on Wednesday divulged the secret recipe used: potassium perchlorate, anthracene, which is a derivative of coal tar, and sulfur for the black smoke; potassium chlorate, lactose and a pine resin for the white smoke.

The chemicals are contained in five units of a cartridge that is placed inside the stove of the Sistine Chapel. When activated, the five blocks ignite one after another for about a minute apiece, creating the steady stream of smoke that accompanies the natural smoke from the burned ballot papers.

Despite the great plumes of smoke that poured out of the chimney, neither the Sistine frescoes nor the cardinals inside the chapel suffered any smoke damage, Lombardi said.

Philadelphia's archbishop says he keeps a gift from now-Pope Francis on his desk.

Archbishop Charles Chaput says he first met Cardinal Bergoglio in 1997 in Rome. That's where the Argentine gave him a picture of Mary.

Chaput calls him a "wonderful choice" -- "a man from the new heartland of the global Church" who is "open to the new realities the Church faces."

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