, 1881-08-21
BULLS AND BEARS.
Tess Excitemeut on the Board OF
Trade, with Weak; Irregular
Markets.
Rumors that the Cincinnati Clique
Has Sold OMt-Sone Life
There Iet-

Last Week One Of the Biggest on Record
Big Money and Big Expenses,
but No Failures.
The Settling Clerks Successful Strike for Higher
Wases-Ttc Board "Poct" Loose
Ayaiu.
The excitement was somewhat less intense
OH the Board of Trade yesterday, but quite
fierce enough to satisfy the crowd. The
markets were, weak aud irregular, breaking
badly at times, and closing steadicr. Foreign
advices indicated strength, but local talent
had possession of the markets, and New
York telcgra1ns quoted Il tumble there OF
three or four ceflts per bushel. with every
opera-g glass lcveleu at the Chicago mar
ket. Tile receipts Of grain were
larger, and the more encouraging re-
ports about the crops, especially
corn, published in yesterdays TRIBUNE,
with vague rui0rs that the Cincinnati WHEAT
clique had nearly sold out, converted {; great
many people into bears, and it seemed for
time lis it most OF the bulls had gone to pas
ture. The brokers did not have quite So biz
I, rush as OIL Friday, but the orders poured i'll
fast enough to keep them from wearing ol1t
their clothes doing nothing, and the noisy
element OF the crowd h;td ample opportunity
to test the capacity Of its lungs. Everybody
stood up straight under the ordeal, anu
many seemed to think tile hight Of the
speculative fever was passed.
Whcat was unsettled, selling down j35
conte fro,, tho bigbrst mint and October
~o,,ar,,4 fro,,, :, $50 ~ ~ .1;1:
ALL SORTS OF KuNoHs
ware af]oat. The CLIQUE brokers kept the
,'r;,,, ~ .,,-,ots and Anrust ut s1:A Int
were freely charged with having sold out on
Lr;,1,,- ,,d rho bn,re +l,oupht t,,p,, had ,ronf
- ~ j.; rio i t,c,;cs .;snlaved Int when Octo
Der touched 81. ~ clique parties appeared
in the crowd. aud bid right and left for
no ~, ,,.,eha,s .,o 1,rico IN So. ut
which figure they held tho market to tho Close
some thought they BOUGHT in short wheat @ 90 on
the TYn s9 noae a hey
tended rS seiter ei the yer Some eeared
ring practically out, but would tail on i t.l i
determined 10 go it alone Tor q while:
4 party who IS reputed 70 bc Il ring broker
wheat. Why, it Is the whole world that is buy
ing The crop Of the wiutcr- WHEAT States is II
par1ial failure, and they have none to
the receipts here running up to ItU cars Il
day, but the wheat don't come. Why? Because
they haven't got the stuff 10 send. The short
are in the crop this year is NnConal cNlninity.
Ii the crowd talk the market down, aud 20 III to
sell. they will most likely get left"
sa.oa ssd has Gs CT Ii d
history of the Buurd Of Trade when speculation
ms been so enormous US i'll this one.
THE ,Ho1,ID HAS GONE MAD
o,;,crs NOM: in here to huy 1oloU busbef. sell
iUlOtU blshel etc, ETC.. till there seems to be no
cna to them. don't know whether tho Gin
cinnati clique have sold out Or mol, but l think
wee2' VIZ r. 9 ;r Ss per- Ps2oRer Rerhs Gio IS ponu.rv
supposed to be ili the employ ct the clique, in
reply to the question, "iIave they sold out =
Il am stranger here; can't say anything
Il have excellent authority for the state
mcnt," remarked an outsider, th:1t the August
bushes bushes. 1t is not ull settled up: They have
mnde II heap Of money. Shouldn't wonder il
they would haul out something like
$;,too.OUU. hut nobody knows how much
they have made. They can't tell themselves
iii thcy get everything squared up and have
disposed Of their cash property. Tho expenses
are frj:htful Think Ot puy1ng out $4,000 a
month Tor storage alone
1.-The Cincinnati clique is hcaping Goals OF
IRE The beds OF the GUESS
think it is only Kindness OF heart that lends
thom to sell tho wheat by the nliilion.''
The "o|dtst tnhabitant" was reminded OF
something Yesterday Mine years ago, Mou-
day," said he, as be divcd into tho dead past,
:. the Board Of Trade buys were b,1sily cncs,gcd
CARRYING out the dcud and wounded Of the john
Iyon wheat corner That memorable afternoon
August wheat fell down s,l5::} gents per bushcl.
THE TRIBUNE us usual hud z: scoop OH the
news. ,1[
Corn nroke lIfes s, wv . ccs sa.sti, The
3ts!etuus, Auu . tac" .,d ~ ~ .ai1;rr fran;v and
!euutLs tau lo!'sss Mst , eio ~ oo e'''' 'A0
even sonie u t"o
PERSISTENT COUNTRY BCL1.S
rot scared Those who bntl profits were in d
hurry TO take thcnl and tho bear interest was
for "a while in tho lead, with New
york sncculutors crazy to get on
I'm shirt side, The later reports
from tho cuintrv seemed tu show that tho tiau1-
arc 10 the crGp had pecu much exaggerated. ..IE
niTays is" said an operator. October corn sold
~ ri ak and ciose,l ut Tisf. One house is re-
nortcu rs selling SUjl,oo0 bushels Friday, and
kkcnt s.lI;r,,r vcsterday'
.{mts ADVANCED to 1Os1 for October, and then
ran o1yav off 10 7lz. and stoppcd at ;S:;. .The
market WIS crazy and SO were the brokers' re-
n,n~krd :, bystnnd;r.
II is sid 1hc ST. Louis rye crowd have been
selling out Oh each other through Different
hrnicrs. Octubcr sold ut SI.1;}M down 70 x1OS
ycs1cr,iay. 4 man who, ought to Know saws the
market Eus not been short over :sDO0DU bushels.
Thcv say It. Louis did ret Il little ssund.''