St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-04-12

stood on the floor OF the board OF tra1e
receiving the frantic concentrations or
his brokers, informing him that he was
richer by AZ least half a million dollars,
and that acting for him they hal pound
cd down the price OF wheat five cents
on every bushel. HIS enemies. who, 10
was said, had formed 4 sort Of conbinl-
ton fcW days ag) to compass his ruin,
were themselves made heavy losers aud
put 10 utter rOut.
The galleries Of the trading hall
throughout the day were jammeJ with
siglIt-secrs. including many ladies. all
eager to pick ont Of the josJlins, yelling
crowd below the man whose eXtFaOr-
diuary gamble was causing all tau tur-
MOL. Pdrdridgr's manner was much
c1lmer than Saturday, and 10 was cyl
dent. judging from the Xpre5siOn OF
those keen gray eyes, that his plans
were more settled and better formu-
lated. The same faulties5 attire char
acterized him today, the same diamond
studs fasded from his sDotless shirt
front. and he carefully brushed the dust
of Saturday from his hat ana looked
spick and span. over and above his
PROFIT al s5OO,OOO,
it Is estimated that he melted considera-
Die on trades On the fu citations.
lie was the heaviest buyer and seller,
and apparently must have Wade q pot
of money ont ct his scaIpIng deals.
Duuug the final moments the excite
mrnt was 40 such q pitch that The spec
tdtors iu the galleries. losing all control
D.
ers at every stump loo the market. The
bears went wild over their success, and
the mcu who "had 10 lu for pardrldgc.p
some Of them at least, Joined ln what
amounted 10 q general ovation to tho
bold operator.
II anybody mad been expecting Par
bridge to run 900. they were quickly uu-
deceived for ON the contrary his by0k-
er5 were among thc most aggressive
sellers right from the start, and kept on
the selling side all daY, showing 200 fear
even OH some of the Widest bulgcs.
New York aud S. Louis operators came
into line aud sold heavily, while there
WAS also q large amount OF local longs
who seemed 10 despair OF getting =
much larger bulge. audi began ~ realize.
Under this concentrated selling there
was am IRREGULAR break Of three cents u
the price of May. and the feeling grad
uaIly became quite bearsh.
The d appointment 300 the visible
supply proved also Weakening factor;
early, ii was thought, There would be
decrease Of 10000 bushels but Whcn
the figures were complete it really
showed decrease OF l4l,OOJ bushels.
This completely
InnerVcd the Bulls
and there was a quick collapse Par
bridge personally was not present the
critical time OF the opening and took
no part in the first hours trading 1t
was said he was waiting for the others
% experiment with the nervous iluctud-
tions, and while his opponents baLtled
i'm the PIT he sat in his Office reading
quotations Whether he kept himself
secluded while in apprehension that his
Waterloo was az last at hand is Ques-
ton. During the remainder OF the day,
however, and particularly AT the close,
he was continuously in view, lite size.
The scene during the latter part OF
the session was the most exciting that
has been witnessed in many a day.
From sj1l cents May wheat dropped IN
big jumps 10 oO1l, and finally closed az
S04. This is 2@z cents below the close
Saturday night. From the high point
to the low figure Partridge makes five
cents per bushel, IL is supposed on his
lO,0OO.O00 short line, or what amounts 10
gain of S500,O
slow do you feel, Mr.. Pardridge?''
asked a reporter OF that gentleman
after the pandemOnium, at the wind-up.
Lovely lovely" was the laughing
answer. accompanied by merry tw,a-
kle of the eye, but that was ali thag
could DE g0lIen out OI him.