The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1872-08-20
CHICAGO.
Great Crash in Wheat-.A Corner
Smashed.-The Price Drops Like
Lead..Great Excitement Over II,

Smashed.-The Price Drops LIZ,
Leads.Great Excitement Over IL
CHICAGO, August 1O.-This Afternoon
has been one Of the greatest excitemen
In the wheat market, caused by the, an
parent or real collapse Of the "corner" Il
the cereal named, which has been SO sue
cessfully run thus far through the presen
month. Wheat opened on Change mi,
morning at 81 56f cash or seller August
but under the largely increased receipts
reported for the last forty. hour
weakened and declined to 81 Is, rallied
again and closed weak at 81 80. At The
call ot the Board at half.past three thu
afternoon sales were made as low as
81 49f, and feeling of weakness was
quite apparent, which became In the
open Board very like a panic. Amid
the most intense excitement prices rap
idly declined two, five, ten, fifteen, twenty
cents, until 81 2S cash or seller August
was touched, and the excited bulls and
bears from the pave. The decline In
September options was less marked, the
price opening on Change at 81 2lE and
the last sales on the street being 81 Ia
There appears TO be some difference Of
opinion as 70 whether the "oornerH ia
really broken or not, some still holding 10
the opinion that the drop was made 10
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
1t impossible TO hold up against the heavy
receipts which are beginning to pour in
from every quarter. Five hundred and
flty'tive cars OF wheat were inspected
to-day and about 10000 bushels Of that
arrived by the lake and canal and Il ia
claimed thereceipts will steadily increase
day by day. There are all sorts of ru.
mors in circulation to effect the sudden
break inprices in some OF the large op.
orators, among Others, that one large firm
has failed, but there is nothing of he
kind, publicly known at least. The de-
velopement of the market tomorrow il
looked forward to with intense interest.
Mrs. Mcllrose, living at G3 Alexander
street, took poisen last night and died this
morning. Domestic difficulties said TO be
the cause of the act.
The report that Rev. DR.. Patterson, of
this city, was about to accept a professor.
ship in Lane Seminary, Cincinnati is
pronounced by that gentleman TO be
unfounded. .. - I~--7- - :
A fire at Englewood, q suburb Of this
city, last night, destroyed four dwellings,
Loss about $4,000. No insurance.
Fatal Affray..Mysterious Disappear
.lea ance. VA
CHICAGO, August 19.-on Saturday
night Andrew Anderson went into Rich.
ard Walkers saloon, on North Clinton
street, and after drinking several times
attempted to take undue liberties with
Mrs. Walsh, who was attending bar,
Her husband coming in, an alteration
ensued between him and Anderson, re.
sulting in the former pushing or knock.
ing Anderson out of the door. He iell
off the edge Of the sidewalk among a lot
Of beer barrels, striking his head upon
something, killing him instantly. The
coroners jury yesterday returned yer.
dict generating Walsh from any Grim.
inal intent Walsh, however, fed imme.
dtately after the occurrence, and up TO
this morning has not been found.
A freight train on the Naples g. Hauni.
bal (MissourD Railroad, on Saturday
night, ran into lot Of cattle, throwing
the engine and four cars from the track,
wrecking them badly and severely il NOT
fatally scalding the engineer and fireman.
a wealthy widow lady, belonging to
Chicago, who recently arrived here from
Europe, left friends house on Thursday
and has not since been heard OF. Foul
play was suspected.