Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-08-20
CHICAGO.
A Man Killed with Beer-Barrel-Rail-
road Accident-Man Probably Fa-
tally Scalded and Train
Wrecked.
A Black Day in the Wheat Markell
Burst-upOf the Wheat "COrner'-
Several Failures Reported.
The Supposed Breaking-up Of the "COr.
ner' Looked to FayOrably in the
Interest Of Consumers.

CHICAGO, August 19.-On Saturday
| night Andrew Anderson went into the
| saloon of Richard Walsh, on North
Clinton street, and, after drinking sew
erai times, attempted to take liberties
with Mrs. Walsh, who was attending
the bar. Her husband coming in, an
alteration ensued between him and
Anderson, resulting in the former push
ing or knocking Anderson out of the
door. He fell off the edge of the side
walk, among lot of beer-barrels, strik-
ing his head on something, killing him
instantly. The Coroner's Jury returned
verdict eXcnerating Walsh from any
criminal intent. Walsh, however, fled
after the occurrence, and up to this
morning has not been found.
A freight train ON the Naples and
Hannibal railroad, Saturday, ran into a
lot of cattle, throwing the engine and
four cars from the track, wrecking them
badly, and severely if not fatally scald-
ing the engineer and fireman.
This afternoon has been one of the
greatest excitement in the wheat mar
ket, caused by the apparent or real
collapse of the "corner" in the cereal
named, which has been so successfully
run thus far through the present month.
ing at one dollar fifty-six and q half
cents, cash, or seller August, but under
largely increased receipts reported for
the last forty-eight hours, weakened and
declined to one dollar and forty-eight
cents. 1t rallied again, and closed weak
at one dollar and fifty cents. At the
call of the Board at half-past three this
afternoon, sales were made as low as one
dollar forty-nine and half cents, and
feeling Of weakness was quite apparent,
which became in the open Board very
much like panic. Amid the most in
tense excitement prices rapidly declined
two, five, ten, fifteen, twenty cents,
until one dollar and twenty-eight cents
cash or seller August was touched, and
the shades of evening drove the excited
bulls and bears from the pavement.
Flfty-tive cars of wheat were inspected
to-day, and about three thousand bush
els arrived by lake and canal. 1t is
claimed that the receipts will increase
day by day. There are all sorts of rUl-
mOrs in circulation in regard to the sud-
den break in prices; among others that
one large firm has failed, but there
is nothing publicly known, at least.
The developments of the market to-
morrow are looked forward to with in
tense interest.
The decline in September operations
were less marked, prices opening on
Change at 1918, and the last sales on
the street being ia.
There appears to be some difference of
opinion as to whether the corner is really
broken or not. Some are still holding to
the opinion that the drop was made to
stop the influx of wheat to the city, and
that the clique will again advance prices.
Others, however, assert that the corner
is etfectually smashed, and that prices
will go still lower; that the clique found
it impossible to hold up against the
heavy receipts which are beginning to
pour in from every quarter.
Mrs McElrose, living at No. 63 Alex
ander street, took poison last night and
died this morning. Domestic difficulties
are said to he the cause of the act.
The report that Rev. DR.. Patterson, of
this city, was about to accept. the Pro-
fessorship of Lane Universary, in Gin
cinnati, is pronounced by that gentle
man to be unfounded.
A fire at EnglewOOd, a suburb of this
city, last night destroyed four dwellings. |
Loss about ten thousand dollars, and no
insurance.