The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-10-07

y
till they reached about $500. then they
made a sky rocket movement which did
not stop till it had reached point above
$1,000. They fell off somewhat after
that, but a membership ticket to the
Chicago board of trade has always since
been valuable piece Of pasteboard.
-
There have been q number Of corner
kings" on the board during the past
fifteen or twenty years, but the earlier
ones al went TO the wall at last. Hutch
inson has been ever present operating
in his own peculiar methods. Hc has al
WAYS been in the habit Of taking small
profits whenever they could be secured
and would usually pocket loss without
waiting for ii 20 grow. Indeed he has
been considered one Of the most timid.
But Mr. Ilutchinson's available means
have been slowly accumulating for many
years. While men would spring up sud
denly on the board and shine brilliantly
for while. only TO retire ruined, Hutch
inson STAYED, working cautiously and
mcthodically till what "Hutch" was 60
ing TO do on the wheat market ia Chicago
began to be a matter Of rs much interest
rs what Cornelius Vanderbilt or Daniel
Drew would once do in the stock market
in New York.
Mr.. Hutchinson has son and two
daughters grown His son Charles is said
10 be as keen business man as his
father. One Of the daughters married
Mr.. Lancaster, Of the Chicago Carpet COM
pany. while another married Mr. y. Il.
Judah, one Of ChicagO's most prominent
LAWYERS and n man of especial intellec-
tual tastes. Mr. Hutchinson S children
do not sympathize with the old mans
rating Of the fine arts. His son Charles
is president OF the Chicago Art Institute
Some time ago hc purchased a picture Of
sheep by Rosa Bonheur for 81 600. When
the old man heard of il he affected 20 be
indignant, averring that his son could
have gone out 20 the stock yards and pur-
chased tie real article for two dollars a
head
But there was doubtless n certain grim
humor in the remark, as there was 10
what he said one day 10 n new telegraph
boy who came on to The floor Of the Ex-
change with dispatch, and standing by
the old nan, called "B =. Hutchinson.
Got dispatch for Old Hutchf' asked
the venerable wheat dealer.
"Yis, 'xpect 50, replied the boy.
well, .he old fool isn't here. lie can't
read, anyway Take it over there to
Frank Magin." -
Mr.. Hutchinson has an astonishing
memory. He viii run the most gigantic
corner and every evening he can call oil
correctly every trade he has made during
the dav. On one occasion a friend ex-
pressing a doubt as to the old mans abil-
ity TO keep the record in his head correctly
Hutch" took out his settling books and
bade the d0ubter keep tally, while he
called off their contents from memory.
lie didn't riaSc q single mistake.
The first thing in the morning which
Mr.. Hutchinson attends to is his morn
ing paper lie goes 20 The Tribune Of
fee and ge.s his paper fresh from the
press 4 story is told Of him that one
Sunday morning he took his paper to the
premises Of the Chicago Carpet company
over which his son-in.law presides, and
the show window being fitted up as a
bed chamber the old man threw himself
ON the display bcdstead. Here he went
over the market reports till sleep over
como him, and lie sank into peaceful
slumber. Church g0ers that morning
were surprised 10 sec what first ap
reared 10 be a corpse stretched oCt on the
canopied bed a. If il were lying In state.
But ever, body in Chicago knows Mr.
Hutchinson, and !, was not long before his
son was informed Of the attention his
father was attracting. llc fastened 10
the scene, awoke the sleeper and drew the
curtains.
The recen. corner has doubtless been
one Of the most successful ever cngi-
ncered on tho Chicago board Of trade.
Mr. Hutchinson has managed it very
shrevdlv. and has forced his antagonists
10 settle af 50 a bushel. The majority
will paw. and it is probable that many OF
the dollars handed over 10 Mr.. lirtchin-
son will b. a return III those which have
been squeezed out OF the squeeze: on
former occasions.
Mr.. Hutchinson is row about CD years
old. II he has the luck to finish his career
withou. any severe back set, he will leave
an immense estate to bis children.