Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-10-30
A DAY ON CHANGE
IN THE METROPOLIS or THE NORTH
WEST.
"Bruin" is Boss Of the Board at First, and
then Taurus Takes a Turn-Ho~
a Granger Got Squeezsd-Ihe
Coming Homage 10 Ulysses.
Cone9,Ondenoe of the Register.
CHICAGO, October 29.

city OF the Union who should neglect 10
visit the headquarters OF the grain and
provision trade OF the city, might well
consider that he had lost an opportunity.
The fine building oi the Chamber Of
Commerce has q neyerfaiing attraction
for tourists; for here are congregated the
thousand or more merchants and spec
Aators, who collectively compose the
Chicagn Board OF Trade.
Your correspondent happened down
town, the other morning. and az 9:SO
o'clock-'Change t;me-he made his way
on 'Chanse with the general rush OF the
bulls and bears. The animals assembled
IN a decidedly nervous condition. TN
the opening OF the Board Il was appar-
snt 10 the observer, from the price OF
wheat, that
BRUIN WAS BOSS
of the Board. and the honest bull was
unhappy and had lost that
bold and defiant front which
characterizes him when the
emblematic animal OF Russia growls and
grain goes up. A sudden drop OF few
eentsconstitutesth the bears JOY and leaves
the bull floundering in despair. Pertid-
ious Albion did il again, and another
coll-blOOded outrage is TO be accredited
10 England's baseness.
The man in Mark Lane, (the corn EX-
change OF London is situated in Mark
Lane sent a telegram over here, arriv-
ing Just before the opening OF Change,
the language of which was thought TO
settle Tor the day all hope of a greater
advance than what wheat closed
Al on the preceding evening
Accordingly the day opened
with a condition of affairs abhOrred by
the bulls and relished by the bears, and
which is known a. a "weak Liverpool
Even before Change time the bulls
were blue and dubious, and the talk
on the pavement was that clear break
might be looked for when the board
Opsned. Those who had not yet un-
loa TED shook in their boots, and the
triumph Of the bears was manifest. As
the buds iall wild cheers are heard on
one side and wells OF derisiOn on the
other. The bulls, recognizing that they
were completely caught and terribly
squeezed, yelled, danced, gesticulated
aud sWOre as the bears rubbed II IN
with bets of further drop. For half
hour or so the place was perfect bedlam.
Finally rescue was az hand, Tor the
bulls i'm the demands OF some heavy
shippers Tor cash wheat. Some hundreds
of thousands of bushels of the real stuff
was needed Immediately, and the ship
pers were bound % procure 1t 10 hll
orders They commenced 10 bid Tor all
the wheat they could get and according ly |
the market rallied. the price rising I
steadily aferward.
The scene Eas changed nov, for
TAURCs' TURN
had come. Some Of the fur which had |
inst warmed a monarch bear was |
transferred 70 the metaphOrlcal bull OF !
the Board who gOred the bear merci- /
lesSlv in the short ribs. The board .
closed with Taurus on top. Then the |
members. nervous flushed and heated |
with excitement, swarmed out into the |
cool area OF Change alley and the crowd |
grew very large, and another scene OF |
street excitement and curbstone specu- |
latiOn instantly enSued. The noise was !
deliening and the bids active. The !
whole town "iH wheat was there, from
the merchant and professional man, |
whose broker manipulated many /
thousand bushels, 10 the saloon |
Keeper with less amounts, or the boot |
black with 3 put in bucket shop. |
While your reporter was standing IN
conspicuous place, taking II ali IN,
along came two
ISFURATED GRANGERS,
who had been badly "milked" " on the re-
suits of the morning trade. One Granger
had thought il would be the ''gol- I
darned' thing to get from under the an |
ticipated break by changing his tactics, !
and going il as a bear So he had bril- |
hantlv opened out with selling short all |
he could at Sl.lSl, when 10 his intense !
disgust the marked rose % II. %, leaving /
him high and dry, and badly lett. To I
get the most OF 1t in a personal little deal /
in wheat when he comes 10 the city, /
makes cOuntryman madder than any /
other thing can possibly du, and as his /.
course had been directly contrary TO the /.
advice of
MS BROTHER UAYsEED,
Ihey were both having pretty warm
time OF IL.
First grangers who had sold short 10
second granger who had advised him TO
bull il: "Well, why wasn't ] a bull this
morning, eh2 Why was | gol-darned
fool enough 20 be a bear, eh' Why
wasn't bull now, eh!
second granger testify: Il dunno; /
'spose its cause GOdamighty made You /
an ass.
This very "brash" answer nearly re-
suited in personal difficulty, but they |
got good humOred again BY uniting IN |
damning the broker. The broker, in /
times of rapid huetuatiOn, such as pre- /
vail at present, is the Individual who,
by large majority, gets TOundly and ,
sOundly damned, on the one hand be-
cause he didn't make enough, on the
other because he lost.
II is generally the speculator from the
rural districts who gets squeezed, tor II
he once gets into wheat. he never lets
go until il sells for about halt what he
bought il for. There are many city
"chaps,' however. who lose immense
fortunes in few moments on Change.
A notable instance Oi persistent good
luck in the wheat deal Is an operator
who started with only 50 in cash. BY
using i. adroitly and holding on, he was
possessed at the end OF three weeks OF
$4,000
Such are the observations of day on
Chicago Change.
HIltAGE To HIRAM.
The Roman triumph witch the COM
mittee the on Grant. "boom' Is iSarringing
for General Grant in Chicago y destined
20 be an excessively brilliant affair.
The Chicago demonstration IN honor Oi
the hero oi Belmont and Pittsburgh
landing will doubtless eclipse FriscO's
ovation. All arrangements Tor the receP-
ton OF Gen. Grant conform 10 the IN
formation that he will arrive ia the city
ou the afternoon of "Wednesday, Nov
~. As he steps from the train he Will
be greeted by am immense, procession:
Iientenant-Cieneral Sheridan, aS chief
marsbal OF the day, viii ride at the head
al the column, followed 10y the officers
= A., staff The members of