The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-09-02
WHO WERE THELAMBS? +?
THEIR FLEEcEs SAFELY TAKEN IN.
The Lively Times in wheat at Chicago,
How Much the Clique Made-Mys-
terIOus Reports as to What
II Going to Happen.

CHICAGO September 1.-The lambs have
been shom to the skin within the last two
days, but they are not the lambs who, Il
was SO confidently thought, would be
Clipped-those of the risky Cincinnati
flock. Mr.. Handy, manager Of the Cincin.
natl clique, is "feeling pretty well, thank
you" He says he has not seen his child
rcn for several weeks, and proposes to visit
them the latter part oil the week. II have
been in this deal now for two months,
and am tired out. II has been
more profitable than l or any
OF those who arc associated with me ever
dreamed or expected. never intended
to 60. into wheat on such large scale, but
was forced into it, 1t was grounding
case, II had not taken hold under the
circumstances that surrounded me,
should have been compelled TO suffer a
heavy loss, and did not like to do that,
The boys feel II little sore towards me, but
they have received nothing but courteous
treatment from me, Haven't crowded
any OF them to the wall. ~
\ gentleman on tho inside to whom appli.
cation was made for an intelligent estimate
Of the profits OF the clique deal, said that
even Handy did not know what they had
made, "He kept track Of the profits until
they reached nearly S2,00O,000" he Said,
"Nnd then quit. Since then they must
have made not less than $l,000000.
They have handled 100000 bush.
els Of cash wheat, which did not aver.
aged more than 81 1SAl 20, and closed out
ut an average of 81 35. This alone netted
them between $l,950,00O and Sl,SO0,0OO,
1t is the most successful wheat deal ever
attempted on the Chicago Board Of Trade,
and Mr.. Handy is the only outsider who
has ever succeeded In beating the Chicago
urnwd, They must give him the credit,
and take their medicine Hnd not do so
much kicking"
1t was reported ION the street" that the
clique had got Armour, the pork king, In
the corner, and would force him to make
settlement for 100000 bushels nl August
wheat yesterday. The plan wls III follows:
The clique would deliver ahout 3500O0O
bushels Of wheat, hut, IN order to prevent
any Of II from getting buck to them, would
not make the delivery until Just before the
tap ofthe bell. lit Is true that Armour IL
9,000,0O0 short, and the story was received
with doubt by those who should be in
formed, he had to do some aston.
ishing hustling to get that wheat in
trim to deliver It. The Clique pro-
posed, it is understood, I'd whip.
saw the market by yerYneatturn, They
have bought 100000 bushels OF wheat
more than Is in store, and, az they hold the
receipts for the actual merchandise, the
fellows who have contracted to deliver the
grain must Of necessity default, thus giving
the buckeyes a clear profit OF Is and 10
cents per busllcl on theGntirc block There
were some highly exciting foot-rlces in the
vicinity OF La Sale and Washington
streets yesterday afternoon between 2anl
$50 o'clock, and the devil took the hinde~
most sure, but II WIS not Armour,
Late lust night Il sensational report was
In circulation that an enormous amount Of
cash wheat had been surrentitiously intro.
dpccd into the city, and would I've used to-
The theory Is thRt this mysterious wheat
has been side-tracked, u taot which would
account for tue unexpectedly light receipts
at this point for the past ten days. The re.
port may be n canard, bla II Is plausible,
and will give the boys something to think
about. Nayh Arlnoa.had 'his 100000
bushels side-trackedt
"lhclieye," sail q mysterious individual
Inst evening, Hthat there Is at least 1000.
600 bushels or more Of cash wheat in Chi.
cagO than the clique knows Of, before one
o'clock tomorrow cash wheat will bc
offered in Rlch quantities that Rotlisehild
could not take II all. You will see one Of
the biggest CrilshCs over witnessed on the
Chicago Board, This deal is like LOFTS
BARRIERS st, Paul flour corner in 1850.
There we're no railroads in Minnesota in
these days, and Barber had things oil his
own way, until one day in February
he cspiGd q huge. steamer blowing
through rotten Ice from below. Ny Godp
he exclaimed, throwing UP both hands,
there is nothing but flour on that boat;
I'm q busted mani
On It's face this story about there being
two million, OF even one million bushels oi
contrabahd wheat side-tracked, Is absurd
and laughablei but the bare suggestion Of
such coup deetat ,is enough 10 ihake the
blood Of q fling man run cold In his veins,
and lend additional interest to the enor.
nous game, which is now 80 near close.
A sensational ending Of the gigantic spec.
ulation, in which millions have been made
and lost, would We pllshed by the public.
The hanks are considerably worried over
the hOtwhCat scare, and yesterday tile fiat
went forth that 81 . busliel was the outside
limit Of lOans at Ac present condition Of