Evening star. [volume] (Washington, D.C.) 1854-1972, 1888-10-04
OLD nurCH, TINE AANRLER.
A Dsscrjption 81 the MAN Wh0 Hal
RAISED the Price Of Bread.


Chicago Special TO Pittsburs Dispatch
The man who Is responsible Tor the big corner In
wheat is one OF the quaintest, ruggedest most sue
cessful and richest operators on the Chicago
board OF trade. He Is worth q round $4,000, 600.
His name Is Benz. p. Hutchinson, but NOBODY
thinks OF calling him anything but ''Old Hutch
He has rather youthful look and sprightly step
although he Is over sixty years old. He is tall
oroad-shouidered and stalwart, plain and almost
shabby In dress He Is democratic In his manner.
ana WIN stop In the street to talk about the mat
Ter with the shaobest spectator on the open
board In the summer he wears an old brown
straw hat. This he exchanges when the frost
comes TOT dig som0rero, rusty ana dusty, Some
Times ne refuses 10 take his hat on in places where
se usases Vi society call for barred heads and &c il
night-cap. ' o's nav 'o'
~ his son, Chaa Hutchinson, is still young man.
e Is woren million and Is president OF the board
oi trade and at the head of the rich cotton RI
cnaase Bank. He is also patron OF art and Is
pIGs,uent OF the Chicago Art Institute But the
arr ar as ne swears at anything else He was a much
ol,gu s' man when he heard that Charley had
pau si,Sp LOT picture OF three or four sheep by
~ Luxe many OF the successful business men OF Chi
IIasu, aqtehinson came from New England After
Toods s ns oencn at Lynn Mass, he started dry
1918 SO s.ole OUT was Caught In tine panic OF 1857
ana nhocsed out with s7o 900 Liabilities and SIN ali
ass "a ne came Immediately to Chicago and be-
paid on his debt down East, and at The beginning
81 T .ns war was tree from all embarrassment
n nv since ne has been growing richer and richer
aas avoided big deals and corners aud has made
- point 10 snow pront at the end OF each days
t uhaunng ne Is scalper, and no one knows better
mlinons or bushels quickly turned and on the
nght side Of the ledger He likes 10 Jump In quick
an a o1o at the nrst opportunity, showing profit.
ne nates loss worse than poor man does, with
All his stake, anu has been known to load up with
amillion or wheat and then close out on decline
He win guy tract Of land for 100000 and sell IL
the next day Tor $40, 900 II ne can get IT, He
una nlaas so much out Of put and call business that
violation OF the rule the old man was suspended
from the board for ninety days. Mr.. Hutchinson
is very secresye It is said that once he voluntar
ny SEM ]Su,OOO 10 friend who was In trouble out
Oh pure gratitude The man told about 1t. This
so angered the old man that be has not spoken to
hin since.
Mr. Hutchinson lives In the Century Club. in the
tourln-story brown mansion just across from the
ooaro OF trade As he takes most OF his meals
mere Ne recognizes the value OF economy In every
department., and, constituting himself as commits
sdry general, ne hangs q market basket on his arm
anu STALKS among The commission merchants or
Soutn WAFER street. From them he ASKS and gets
oottoh nSures Tor he viii stand no triting. When
nuchStef tfaeS to get another nickel MS pota-
Sa and S he a lace changes to an apopecc
NJ rms century Club, by the way, Is like Mr..
n baines uusts-largeiy private affair. The few
VA Ato foHS are CuOfCc SplTltS VINO are
Wllung 10 join In friendly game Oh whist or poker
Win Ar. Hutchinson. Mr.. Hutchinsons drink Is
WHISKY. lhls story Is told OF him: The Chicago
Car et CO occupies the northeast corner OF Mon
roe street ana wabash avenue. Mr.. Hutchin ,on-
mas large Interest al the firm, and AS ne likes
10 inspect MS property In his own way and at
MS own Time he has o key TO the store
Inc sn0w-Window is very elaborate affair.
Inc soltest ana richest rugs are thrown upon a
hard-woou Moor; handsome draperies form a TASTE
lui playground, and couch ut Tor queen finishes
tne picture one night, 50 the story goes, "Old
hutch "had a Jag on" as they say in the untu.
toreu west, and he concluded 10 go to the STORE
tie looked through the stock TO MS satisfaction
ana then was ABOUT 10 leave when his eye caught
Tue great WINDOW. He felt tired and la an instant
afLer, as he threw himself on The c0u a, he was
last asleep, ana there he was, hat and all. when
ne was discovered early In the morning.
Inc wheat deal In wAich ''Oid HUI CHI" has been
engaged Is IN many respects Tue most important
operation or MS life. II presents him Ia a new
nsht, ana glimpse VI new phase Of ais many
sided characteristics Is given. lie Is not seen this
Time as scaiper, working for quick and narrow
margins be has been master OF the situation
throughout and he knew IT. Most Of Mr. HuIch-
insons money is 40 the shape or quick assets and
wnen ne has bought q large line OF STOCKS he mas
always Id Tor IL In cash. He mas never been a
man 10 attract a loyal and stsadfast following,
being almost too volatile. While lacking In Ue.
nacily OF purpose, he has more than made I'D Ior
IL IN quicAness VI perception and accuracy OF judy
menl lie haS, or course met with losses, Tut Iuey
have been few and small IN comparison with his
successes