Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-05-01

y
IN the markets soon died away, but
later rumors were spread to the effect
that Mr.. Hutchinson was mysteriously
missing.
The supposition among Mr.. Hutchin-
| sons friends is that he has wandered
away in a fit of temporary mental des-
pOndency
The actual condition of Mr.. Hutchin-
sons affairs is not known. Present
interest, however, centers in the where
abOuts of the board of trade king, who
for years ruined the market here, put
ting prices up and down at will by the
sheer force Of the millions with which
he was able to back his opinions.
May Have Suicided.
The last seen of Mr.. Hutchinson was
about 7 o'clock Tuesday evening. He
was in a drinking place with friend
and remarked to him as he left the
place: This is the last time you will
ever see me alive" The remark was dis
missed as a joke at the time
Said a gentleman who is near rela-
tive of Mr.. Hutchinson: 1--WE have seen
for some time that his mind was af-
fected, and we have been considering
whether it wouldn't be best to take some
measures OF restraint AS regards the
trades made by him, we have made care
full inquiries. They are few in number,
are being settled now, and there are
ample funds to meet all his liabilities.
Bought Ticket for Pensacola.
"Old Hutch" bought ticket over the
Chicago and Eastern Illinois road for
Pensacola Fla, Tuesday night. When
the agent asked him if he wanted round
trip ticket he said: ''No. don't want to
come back"
According to the best information
to be gathered from all sources, the
missing speculator is long on July
and short" on May wheat in large
quantities, lie isalso long large line
of July and May corn.
Many Theories.
Almost every broker in Chicago has
an individual theory to account for the
disappearance. Not the least plausible
is one that sold Hutch" has gone ON his
long -talked-of vacation, and will pretend
the greatest surprise and resentment
when he hears that a sensation had been
made of his going away. 1t is asserted
that he has taken but one vacation be-
fore in twenty years.
In an interview Isaac Hutchinson,
young son of the veteran specu-
lator, admitted his father had suspended
business, but said he would be able to
pay dollar for dollar He did not think
his father would ever resume business.
Late Losses Placed at e,0OO, 900.
In an interview, II. d. Russell, of Rus
sell & Barrett, said: II estimate Mr..
Hutchinson's losses during the past four
teen months at not less than 81 900 600.
The largest amount lost by him in one
deal was $3.50, 900, when he acted as the
Chicago broker for Sawyer q Wallace
in their attempt to corner pork. Since
then his losses have been very heavy,
although current reports are, in my
opinion, grossly exaggerated. We place
his present obligations at $780, and
his available assets at $250,00 repre-
senting a total shortage of 100000. |
am informed that about four months
ago he settled 5000 900 on his wife and
youngest son, retaining for his own use
about $500, 600, all of which, | believe.
he has since lost Since July, 1880, there
has been a radical change in Hutchin-
sons method of transacting business.
OF late in a word, he has been rislsing
large losses to gain possible small profits.
In his departure from the city | think
Mr.. Hutchinson knew what he was do
ing; that he was aware he could not set
tie in full, and was so mortified that he
concluded to absent himself till settle
ment could be made /
His Whereabouts Not Known.
Nothing new developed Thursday
concerning the whereabouts Of
B. p. Hutchinson. His son, G. l.. Hutch
inson, said that he had received not the
slightest ciew to his fathers where.
abouts. He believed, however, that he
had only gone on Vacation and would
turn up safe and sound. The force in
Office has got far enough
along to find that he has ample funds to
cover his trades. The amount of the old
losses are generally reported
TO have been greatly exaggerated. The
Hutchinson family has taken hold of the
matter. and it is now definitely stated
that all the trades are TO be settled at
once.
Secretary Stone, of the board of trade.
announced from the balcony Thursday
morning to the assembled "bulls" and
"bears" that all open trades with B. p. !
Hutchinson q Company, would be as
sumed by G. b. Congdon & Company.
This settles the sOlvency of the famous
old speculator, and entirely removes =
from the market any pressure. Prices
were generally higher for grain and
provisions.
Seen at Evansville, Ind.
EVANSVILLE, Ind, May LIB. p.
Hutchinson. the Chicago speculator,
arrived in this city Wednesday /
morning on the 1915 train from Chi !
,,,,,o IL VOC CARRYING a va1ise and his !
eccentric appearance attracted attention.
lie was recognized by several who had
seen him in Chicago. He seemed
troubled. and paced mp and down the
platform as if undecided what to do. |
Finally, he started up Main street and
incurred the way to the Louisville and
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