, 1876-04-08
GONE FOR GOOD.
Thnt's what q Speculative Ernud
on 'CI,nngc Did on
Thurstlay.
Hin Creditors Mourn His Sudden Loav'
ing to tho Eztont of g16, 600.
1Jo,y n Professional GAMBLER Took III tlie
Wheat Operators on tho
board Of Trade.

Wheat Operators on the
hoard Of Trade.
Tho Hoard Of Trade wRa excited yesterday by
thc announcement OF The failure and alllden de-
nhrtlrp at Frank CnnhlUs, n rromlnant wheat |
apecuIasor. Nor wan tlIo exclsonont at all al'
tavcl when careful investigation, footed up hls
liabilities nt about sl5.tI0D,
Ii wan Gouornity know, tint fanblos WaB
Tong IL, wllcat but It was mover suppoAcd that
Ills transactions extended beyond 5000 Luslsols,
.,Lop IN sact Eo had out from ESQ., 00U0 to GUO, ,0O0
Ills oporasiona hayc not bonn particularly nolc-
nd, for tho reason TINT they hnyb bcon SO Widely
distributed l{o was nok mai who waa very
much trusted, uud lad he made All effort to pack
too much on my one fiyal. llc would have bGcn
detected.
1Io Ind bccn engaged in tho purcl'aec OF
vbeat for May delivery, at el,o6s4 pee huhl'e'.
IL tho meantime lie ''buI!cd" for hll hc was
worth, though previously he hgd always hccn
regarded NJ "bcar" In tho wheat market. When
tho I,ank OF Now Ynsk fa'lcd, whent went down,
up and ttown agntl,, and Canhlos lost nt every
turn, It wus tilcn tlut In ,uslo III, h!s mind TO
Co III again for all no coHtl, iakltg his arrange
n1opta 10 leavo II ho faited or Hru9p III his pro.
cccds aud retire II ho were fortunate enonsl to
win. .- ,
e1.u4l for siay delivery, nlaalng 4 ditfnlencs
aoatuyt Canbloy OF ~ cnats pos huEho!. ttvoly-
lux q lusH OF about fsl5,00D. 1t WAS tlDn diaco'"
clul that Ito Ind gonc, mud for moment there
was slight depression IN tina market. 1t rnlllel
almost Immediately. aud II waA Hoo,t discovered
thnt 10 circumspect had ,o bcan in hif distribu-
lions t., avoid detection, that ho Lad NO. stuck
any houso to any lulge amount. and feollug OF
Cn,.Gloa WAS woll known tn the membord of
tic board, and they hayo nlwaya boon catiLions
su tlloir deall,.gB WITH him. Ycurs nso ha WAS
4 rltuVESs1pSAl4 GAMBLER,
md dealt tnro-bank down III tlie Sato OF Mis-
essfnpi. f{o camo To tlilg CITY nbout leu ycard
oro. and for como tlnlo deaIt III o bank at tho
corner OF Clark ni,d Washington streets. Dnt
lo had promised reformation, aud during his
connection with tho Board In won tho goodwill
OF at by 1,ia pronp.ltie it delivering mud l'ay-
inr any difToI oncoA exiBtfng uEn.nAt linn. In
this way he at,ccoeLcd III cslablinbh'! raputn-
ton for fair dealing. While III" Ecnlal nsanl'o:s
mado him quito faY0riiG. though 9ur5 10" caleI
10 trl,st hinl to a iarge auaonnt.
It seems Tint III addition to purchases for Alnv
delivery, he had aoid to various parted ''r1ts
1or about 20O.0Uu bushels in tue aggregate for
thia wcet, at about + l.05 t1 SLUG. Tho market
inviuG unexpectedly declined ca,inlly III c9fi'o-
onc1,co Of uus wca,ll2r, To fo,tn1 himself liablo
to bs 4'put upou at atly line. No tint he had
rendered h,n,solf linblo to receive, h!to:s'i!ar
B5N, ,tfRl bushels OF Nhont, OIL every huAlcl or
whfcA there wonll bo u loaH to llll.i.,
T1g pA::K Accnt':;r
. Was kopt viii, tho Northwestern National and
tlle I,fsn National mud not ut Tho Cor1 Ex-
any buBincsa witt, tho litter bank for thrco
Yoars Oh tho cath Of January, 1871. lio opened
lis account NTH the Nortl'*estorh. Lie always
Ind good account, nomttime1 running ~ i',En
ng fDQ,U00 For ,north l,o sian bccu chcckNg
LiB mouoy cut, mud Thursday hc took a draft
for SG,UDu OH tho hank Of Now York, loarlng y
balauco Of S211j which was yosEerlay gasntsheed
by aluggrilso l. Peabody.
.-stt, ESf0 m
meucod yoar ago, nnd his avorago balanca l,ab
bccu 5000. Thursday ho drow out ali bull $50
whio!, still remains. .........
IA to lilo amount he carried OF, 1t ia varons'y
estn,ated at from li0,O ,OU0 TO sG1. .0t0. mud it Ii
generally supposed that lls has gono to Now
York, though he has connections it, Ban fral,-
CISCO by hts action hu has for fcltod hfs men-
tersbp iu tho Board, and tile hattsfactio"
arieiug from lis absence seen,a to bo tho oulY
redress for his cr1tlitors.
THE HuFrEnEEH.
Tho following namci-gcntc1non ara victims 70
tho oxtont Of 10000 bushels: ilunlsoys Eros; q
g. Marry Nelson Co. y =: 1innry nGhto1 = ~ +
Lf,iridgo, ". Il. Lynn, 9. y. Hancock, Nichols
& Holncr. Asa Dow. Field. Donsmcre 4 Co., D.
o, Scsanton S. Il. Wobl,er. a. Pool, lfoagland &
Clark, @, Ii, Howe, I!ackn,un llEoB., Norton.
Sons 4 Co., Poironnot g. Co., Gilbert 4 Drogu.
Iord 4 Co., F. 4. Erskino, Q. II. Roche Il Co.,
NJ. Bloom. Lyon, Lostor 4 Co. bInisA.S Gay
lord, D. ". irwin d TO-, Van lnwHEon HAM
mill, seymour u Co., y. y. NealNo " Ao.t -. W
11nmch d Co., Troso l. Smith. aud Wilkins
Whitney 1; Dutch.
Tic following Is the roll.call for 1000 bus,
els: s. F. Duncan, ]. II. WALLACE. ". koE!l5u.
l. Co., G. y. Pono, q. \. iult 4 Co., D. a
Brcansey l. Co., I'arle, Bprasuo i Co., NortoE
4 Co., John Dnpoo, Jr., i Co., q. g. Tselicnor
Eptua,,ce. Preston d Co., Scott Lynn. =. po%or
]. u. Hobbs K Co., sbuy l. potfy, lsandnll !
Kouyou, II. J. Sheldon. U. +. ssonfer, =. q
Iiooker l. Co., =. u. Miller. C. L. Colo, and s
II. McUrcn l. Co,
But those who tako 1t most to heart arc tt
follnwinK-nnnod gentlemen, who are III FOR. ,G0
bushels each McDermfd q foltol. -. IL. Lin
coin Is Co.. s,pear l. Driuor, MnsrFilgo L Pea
bodv, nugnu. case l. Bpsasa, aud A. Esehhold.
There afo probaUly other loscrs. bnt they koo
thugs to themselves. and Ind not been ulscov
eref m To lnnk night.