Daily globe., 1882-09-26
WOMEN AnOkG THE BULLS AND BEARS
Two Instances of Success and Failure
A Suicides Grave.
Rim OF A LEADING BUSINESS MAN.
The Markets Generally Quiet and Fluc
tuations IneOnsiderabIe.
Especial Telegram to the Globe. !

which is being held up. Provisions also
were moderately active and shade high
er. Corn keeps the quiet tenor of its way.
The bears having ceased to hold it up, it is
falling gradually of its own weight. To-
day it fiuctuated, saving up and down, but
dropping always little further than it
rose. When it sold up, the longs would
begin unloading again. When it sold down.
the remaining shorts would buy. Each op-
eration.of course, tended to turn affairs, and
the uncertainty Of the thing being grind
on the small spectators and country grain
gamblers, who suffer the worst on these
occasions Corn has ben a maelstrom that
has drawn in and swallowed up
2 good many fortunes this uneasy month
of September. Few persons have any
idea of
TIE AMOUNT OF SPECULATION
that Is done on the rise and fall of grain.
1t extends TO every class and condition,
and far and wide. In Chicago the mer-
chant speculates on change; his son has
little deal in the bucket shop, and his
wife. too. sometimes, for the mania is be-
coming very general among the ladies of
Chicago on grain as well as in Boston,
New York or st. Louis on stocks. There
are hundreds of them who risk their pin
money on the rise and fall of wheat and
corn, in the ladies' grain exchange, and
lots Of this pin money never ocmes out of
the m@lstrom. Occasionally, however,
there is a shining exception. The story
of the wife of well-known dry goods
merchant and shining light in a fashion
able church, who saved up from the liberal
allowance given her by her leige two or
three hundred dollars which she placed
with certain broker for investment on
the board. 1t proved a lucky venture.
This she risked again, and through a series
of generally lucky ventures she had in
two months the neat little sum of $4,000,
which she has invested in improved real
estate, retiring satisfied from her tussle
with the bulls and bears.
AN OPPOSITE CASE
is that of q young West Side widow, left
with comfortable income, not, however,,
as large as her ambition. She resolved to
double il or lose it. Her carriage was fire.
Quently noticed in front of
her broke Office by her
friends ~lo OWNED her plans
She was unlucky, and lost heavily.
Shortly after she died very suddenly, and
it was whispered by her own hand She
had relatives who Iwere persons of promi-
nence, and the affair was kept quiet, but
Dame Rumor says that the grain whirl-
pool was the cause of this little woman's
death.
Another class are the inhabitants of the
little country towns and the farmers. In
every town of 5000 people near Chicago.
at least one or two hundred,-this is not
regularly on change. They have no reg
ular plan, and are generally
IN DENSE IGNORANCE
of all else than the immediate tendency of
the markets. Three or four times a day
they can telegraph if they like, to their
broker and instruct him to buy or sell as
they see TT. But the market often Jumps
high or faces low in a very few minutes
and centdiference exhausts close margins
and these fellows at distances are the
first to be froze out. Then, again, they
are at the complete mercy of their brokers'
and some operators are not scrupulously
honest. This class of gamblers are rarely
lucky. telegraph operator who formerly
ran an Office in suburban town where this
telegraphic gambling was the rage, cal
-culates that $4,000 was lost there during
the two years he stayed in the town. Here
even the boot blacks risk their nickels in
the bucket slops, and sometimes win right
handsomely, too.
RUINED BY SPECULATION.
To-day another case of ruin brought b,
this itch developed, the recent wheat ant
corn deals being the Immediate cause
Mark s. Thompson, one of Chicago
prominent citizens, and supposed to b.
one OF her solid men, has sud
denly dropped out of sigh
of his family, friends and creditors, ruin
ed. He was interested in several large en-
terprises, being a member of one of tn
largest ice companies in the west, had
beautiful family and an elegant home
To-day he is a penniless wanderer-per
haps a suicide. He disappeared from hi
business haunts on the 18th. Since the1
his most intimate friends have know
nothing of his whereabouts. Inquiry a
his late residence at PA Ashland savenu
resulted in learning that he had move,
from there week ago. Mr.. A. J. Willard
an associate of Mr.. Thompson in tn
Washington Ice company, stated that h
had heard rumors in regard to Mr. Thomr
sons speculation on the board of trade
but had not believed until now that b
could have thus sunk his fortune. Thu
has the love, the excitement of graf
gambling and the greed for sudden gai
dissipated at one blow the accumulatiy
fruits of prosperous business life. An
hei but one of many thousands.
But to return to
UGLY FIGURES:
Corn to-day opened quiet, but fair d.
mand developed Cash was rather wea
fuctuating about &c. The long optic,
we're also somewhat irregular. Septemb
opened trife better than it closed Satu