Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-12-05
IChicago Times.


these columns, eliminated on yesterday in
grand coup which took the board of trade
good deal by surprise and sent prices on their
travels up and down the scale il anything but
satisfactory manner to those on the wrong
side of the deal. To go back little and begin at
the beginning. it seems that for the fortnight
preceding yesterday it was an open secret that
the ring which was making such bold dash to
control the wheat trade had endeavored to bor-
row from the Chicago banks Sl,500,000 with
which to complete their operations. This
scheme, however, apparently fell through, and
things became so preternaturally quiet that
''the boys were
THROWN COMPLETELY OFF THE TRACK
and came to the conclusion that the New York
men who had the thing in hand had despaired
of success and concluded to ''lay down. and
meet their losses with as good grace as pos
sible.
Yesterday, however, the first day of the BUSH
ness month, put new face on all these falla-
cious calculations, The forenoon opened with
such free delivery, and the ring brokers put
down their cash SO promptly for all the grain
taken, that surprise at their actions in paying
for the property delivered rapidly assumed
panic proportions, and the great question of
the hour became: How the deuce did Jim
Keene, the head of the ombination, hoodwink
us all so completely? As time went by the
modus operandi became known and the facts
which came to light took form something in
this wise:
keene, after concluding his unsuccessful
negotiations in this city, which was probably
undertaken more as blind than anything else,
raised the 81 500, 0O1 necessary to meet his con-
froo tp haro n ha
bundle, and
SENT IT WEST BY EXPRESS
to the First National bank of this city. He
timed his move that the cash should reach
here on the morning when it was wanted,
and further precauton against discovery
t"legraphed no advlces to the consignees. So it
came about that Cashier Gage was slightly
astonlshed when the roll of $1,000 bills was
banded him across the counter at early
hour on yesterday morning, and for o while
wondered what the event could mean. But at
$50 o'clock
A DISPATCH ARRIVED FROM KEENE
explaining matters, and directing Mr.. Gage to
dispose of the money in such ways as would
best protect his interests. Thereupon the
cashier sent for representa- tives of the firms of
j. X. Fisher & Co., Rumsey Brothers d Co.,
Poole, Kent& Co., ascertained from them the
banks with which they did business, and passed
proportionate sums to their credit in payment
OF wheat deliveries, with the understanding
that the brokers and bankers should render an
account to him prior to today's clearings as to
the number of receipts taken and the amounts
paid out. This point once settled, the money
began to pour over the counter, and by 3 p. NJ.
81, 100000 had been distributed, and Keene
became
THE OWNER OF OVER TWO MILLION BUSHELS OF
more than half the amount now in store here
Meanwhile it became known that the little
Californian had intended arriving here at the
same time his money did, but the train on
which he was steaming westward over the
Pittsburgh & Fort Wayne road missed some
connection during the night near Mansfield,
Ohio, thus causing delay of twelve hours. AS
q consequence 1.-The boys'' had the slim salts
Mansfield, which in years gone by grew SO no.
torious as the name of Fsk's mistress. "Keene
has stopped off to call on JOSIE and then
there would follow grand walk-around in
honor of the discovery. But fun of this kind
don't help matters any or change the cold fact
that despite all accidents the magnate was bear
ing down on the garden city as the reputed
head OF clique which stood ready to put $50
OOO,C in the corner if necessary, and who had
emphasized their determination to run things
or break something in the attempt by shuntipg
in odd million or so to start with.
At O'clock last evening Keene arrived and
went at once to the Grand Pacific hotel. He
was accompanied by his wife, daughter, two
sons and servants, all these latter being en-
route for California. The entire party disap-
peared at once from public gaze, and wrapped
themselves about with the mantle of strictest
privacy. An hour or SO later representative
of the Times
and in due time received information from the
nimble niger who conveyed the pasteboard
| thither that Mass James was eatin' of his
supper"
| After wait of sufficient length to allow the
| mastication of a fair-sized whale, second card
followed the frst and was met by the like re-
ception. 1t began to look as though the boss
| grain gambler had either entered on a contraSG
| to sample Mr. brakes entire bill of fare, or in
| tended to dodge the inquisitorial process by a
| liberal indulgence in anything but words of
truth aud soberness. So the reporter conclud-
| ed it would be the correct thing to go up un-
announced, and makea personal investigation
of the statements given him by the unblushing
African who had conveyed his previous mes
images.
Parior No. 8 has double doors, and one of
them swung back rather emphatically in re-
spouse to the gentle rat-a-tat inflicted on it's
| surface IL WASH a formidable LOOKING IndI-
vIdual who opened it, but he looked weary and
didn't wear very enthusiastic smile at the
corners of his mouth. Nevertheless. it was the
! same little man who came to New York from
! the Occident with a carload of gold, and who
in his two years connection with the stock ex-
change at Gotham has made and lost rather
| fair-sized pile. AS of old when the scribe
used to see him the impassive centre of veil
ing crowd, he wore his hair, now slightly ting.
| ed with gray, cut close, while the short, full
beard gave to the facial lineaments that pc
culiarly grim expression which sometimes
l blossoms out into a sardonic smile known to
| the irreverent as
| "JEIs GRIM
Mr.. Keene, began the reporter, II suppose
i there's dray-load or whereabouts of my cards
in your room, and ventured to follow afte,
them and see if they had been properly be
slowed
] No answer.
"As regards the twenty millions you ane
your friends propose putting in this pool, car
you give the Times any idea of the particular
mode you have chosen for skinning the BOYS
And could you further let the readers of thai
paper know " neither or not it is your ultimat,
intention to go back home with all the receipts
in your trousers pocket and keep putting OF
the screws until you get control of the entir,
spring wheat movement for the crop year?''
I'm tired out" responded STILL small
voice. I've no news to give; I've been de
layed on my journey, and I'm going to bed
Perhaps, if / feel like it, II may have something
to say in the morning.
The door closed with an exclamation point
and it is to be supposed that the great maj
pulled off his trousers, slipped between tn
sheets, and dozed off as comfortably as thong
he wasn't worth five dollars in the world, an
hadn't just re-established his reputation fo