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

stood on the floor of the board OF trade
receiving the frantic congratulations OF
his brokers. informing him that no was
richer by NJ least halr million dollars.
aud that acting for him they had pound
ed down the price OF wheat five cents
on every busheI. Hts enemies, who, 1t
was said, had formed sort Of combina-
ton "A few days ayD to. compass his ruin,
were themselves made heavy losers aud
put 10 utter rout.
The galleries OF the trading hall
throughout the day were janmeJ with
slght-seers. including many ladies. all
eager 10 pick ont OF the j0stling, yelling
crowd below the man whose eXtraOr-
, binary gamble WAS causing all the tIr-
mDil Pdrdridgc's manner was much
ealmer than Saturday, and il WIS evil
dent. judging from the expression of
those keen gray eyes, that his plans
were more settled and better formu-
| lated. The same faultless attire char
acterized him i0Iay, the same diamond
studs flashed from his sDotless shirt
front, and he carefully brushed the dust
OF Saturday from his hat ana looked
| spick aud span. over and above his
Profit OF 100000,
il 10 estimated that he Melted considera-
Die on trades on the tia citations.
| lie was the heaviest buyer and seller,
| and apparently must have made a pot
| of money out Of mis- scalDing deals.
| During the final moments the excite
ment was at such n pitch that the spec
tatOrs IN the galleries. losing all control
, of their feelings. shouted with the brOk-
| ers at every slump i'm the market. Tne
| bears went wild over their success. and
! the men who had II ln for Partridge"
some of them at least. joined in what
amounted toa general ovation 10 the
J bold operator.
| III anybody had been expecting Par
| bridge 10 run lu, they were quickly un-
| deceived. for, on the contrary, his brOk-
| eTs were among the most aggressive
| sellers right from the start, and kept on
! the selling side all day, showing no fear
even ON some Of the Widest hulges.
( New York and -. Louis operators came
into line and sold heavily, wh.Ic there
was also large amount OF iOel longs
| who seemed to despair Of getting
much larger bulge, and began 20 realize.
| Under this concentrated selling there
| was an IRREGULAR break Of three cents in
| ually became quite bearlsh.
Tie disappointment In the visible
supply proved also a weakening factor;
early. it WAS thought, there would be
decrease of jO0,OO0 bushels, but when
the figures were complete ii really
showed a decrease OF 14l, 900 bushels.
This completely
Unncryed tile Bulls
and there was quick collapse. Par
bridge personally was not present at the
critical time OF the opening, and took
no part in the first hours trading. 10
was said he was waiting for the others
to experiment with the nervous fluctua-
tions, and while his opponents battled
in the PIT he sat in his office reading
quotations. Whether he kept himself
secluded while in apprehension that his
Waterloo was at last at hand is ques-
ton. During the remainder OF the day,
however, and particularly at tie close,
he was continuously in view, life size.
The scene during the latter part OF
the session was the most exciting that
has been witnessed in many a day.
From $50 cents May wheat dropped In
big jumps to 500. and finally closed az
S0A. This is rs 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
1O,OOO. 900 short line, or what amounts 10
gain of 100000.
"H0w do you feel, Mr.. PardrIdge?'
asked a reporter OF that gentleman
after the pandemOnium, at the wind-up.
"Lovely-loyely," was the laughing
answer, accompanied by merry twia-
kle of the eye, but that was all that
could be gotten out OF him.