Daily globe., 1882-09-26
wonEs kMosG TIE BULLS ays BEARS.
Tso Instances Of Success and Failure
A Sqieiie's Grave.
ggls or A LEADING BUSINESS sAs
Ehe darEess GsnefaEly Qaiet aRa faae'
euat$ens kneonsi&efablea
Especial Telegram to the Globe. /

which IS being held up. Provisions also
were moderately active and a shade high
ee. Corn keeps the quiet tenor of its way.
Ehe bears having ceased to hold it up, If is
falling gradually Of its own weight. To-
day 1t fnotaated, 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,
Ghe remaining shorts would buy. Each op-
eFaSon,o of course, tended to turn affairs,ap
ala uncertainty OF the thing being grind
On the small spectators and country grain
gamblers, who suffer the worst OF these
occasions. Corn has ben nRlstrom that
has drawn IN and swallowed I'D
good many fortunes this uneasy month
of Sept8mbeC. Pew persons have any
idea of
TIKI AMOUNT os SPECULATION
tklst IS done on too rise and Fal of gram.
&c extends to every class and condition,
and far and vide. In Chicago the rner-
caant speguiates on change; MS son has 3
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
aro 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
be rnaeistrom. Occasionally, however,
there is shining exception The story
of the wife of q well-known dry goods
merchant and shining light in fashion
able church, who saved mp from the liberal
allowance given her by her. leige two or
three hundred dollars which she placed
with q certain broker for investment on
the board. It proved q 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 OAaE
Is that Of q young West Side widow, left
with 2 comfortable income, not, however,
as large as her ambition. She resolved to
double it Or lose 1T. Her carriage was fire.
quently noticed in front of
her brokers' Office by her
friends who OWNED her plans.
She was unlucky, and lost heavily.
Shortly after she died very suddenly, and
&c was whispered by her own hand. She
had relatives who were persons of promi-
nence, and the affair was kept quiet, but
Dame Runor says that the grain whirl-
pool was the cause of this little voman'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
exaggerated at all, gamble more or less
regularly on change. They have no reg
uEar plan, and are generally
IN DENSE IGNORANCE
OF all else than the immediate tendency OF
Che markets. Three or four times a day
shey can telegraph if they like, to their
broker and instruct him TO buy or sell as
they see fit. But the market often Jumps
high or faces low in very few minutes,
and cent difference exhausts close margins.
and these fellows at a distances are the
hrst to be froze out Then, again, they
ere at the complete mercy of their brokers,
and some operators are not scrupulously
honest This class of gamblers are rarely
lucky. A telegraph operator who formerly
ran On Office IN a suburban town where this
telegraphic gambling was the rage. cal
culates that $4,000 was lost there during
the two years be stayed in the town. Here
oven 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 by
this itch developed, the recent wheat and
corn deals being the immediate cause.
Mark s. Thompson, one of Chicago's
prominent citizens, and supposed to be
one of her solid mer, has sud
denly dropped out of sight
Of his family, friends and creditors, ruin
cd. He was interested in several large en-
Serprises, being a member of one of the
largest ice companies in the west, had
beautiful family and an elegant home.
To-day he is a penniless wanderer-per-
haps suicide. He disappeared from his
business haunts on the 18th. Since then
bis most intimate friends have known
nothing of his whereabouts. Inquiry at
his late residence at 244 Ashland avenue
resulted IN learning that he had moved
from, there week ago. Mr.. A. j. Willard,
sn associate of Mr. Thompson In the
Washington Ice company, stated that he
had heard rumors in regard to Mr. Thomp-
sons speculation on the board OF trade,
but had not believed until now that he
could have thus sunk his fortune. Thus
has the love, the excitement of grain
gambling and the greed for sudden gain
osslpated at one blow the accumulative
fruits OF prosperous business life. And
ne Is but one OF many thousands.
But to return to
UGLY FIGURES.
Corn to-day opened quiet, but a fair de-
mand developed Cash was rather weak.
ftuotuating about &c The lo,g options
were Also somewhat irregular. September
opened triae better than it closed Satnr..