The representative. [volume] (St. Paul, Minn.) 1893-1901, 1893-04-19
ONCE TO0OFTEN.
BEARS DOWNED BY THE BULLS
Ed Partridge Goes Out In Search
OF Bull Wool, but Returns
Home, Badly Shorn or
His Own.

CHICAGO. April 13.-The most
widely known bear SPECTATOR in
the grain trade of the world last
night acknowledged himself beaten,
if not ruined. In an interview,
laboring under abnormal excitement
. after an extraordinary day on
change, Edward Partridge talked
wildly of his losses and revenge,
declaring that his wife's fortune
and his real estate holding would
enable him to recoup himself and
down the enemies who, he admitted,
had pushed him to the wall in the
great May deal.
"Tm done up by my friends" said
Partridge Historically, ''but pll get
back at them. 1 don't know what I
have lost, but have So, 900, 900 worth
of real estate, and I'll bring it all
up to the front if necessary. NV
wife mas fortune also, and she will
back me up. I shall stay right here
on the floor and give the crowd the
racket it has given me. They have
danced to my fiddling before, and
can make them do so again. But
I'm done on this deal. Well begin
again. tried to get money from
my friends to-day, and they refused
it. 1 have no ready cash, and the
game is up.''
"What do you think you have
lost?"
81 cannot estimate. Idon't know
how much I have or anything about
it was banking on information
my friends gave me, and they de-
ceived me, and 1 lost. That is the
whole story"
The bull clique had started out
after Partridge bright and early
this morning. They resolved TO
drive him into a corner and lift his
scalp. Last nights close was at
S6M cents. The first sale this morn
ing was at 80 cents. In two minutes
it slumped to "a cents, and in
less than five minutes after
that the bulge ran the
price up to So cents. At noon 1t
was f1uctuating between IS and 81
cents. Nervousness was faint de-
scription of the state of the market.
A call for $4,000 bushels would send
the market up to the roof. A
trader might start in to buy at sc
cents and be satisfied to capture his
elusive amount at 2 cents ad-
vance, and see the price the next
minute below his original offering
Partridge was early on the scene
of battle and he was loaded with
checks. His friends say the amount
was sufficient to buy out six of the
big firms. All this money, of course,
was intended for margins. These
checks went to the banks as soon al
the board opened, and their source
was undoubtedly the disposal Of
stocks and Osecurities, holdings in
various companies that have been
bought with the proceeds of deals
manipulated by the little war. 1t
was at this interesting junctu1e
that the wealthy pork packer and
Spectator, John Cudahy, who is at
the head of the clique and its
controlling spirit, appeared on the
floor. Partridge spied him, and at
once set sail in his direction. He
made some sharp remark TO the
packer which attracted the atten-
tion of others on the floor, and the
two spectators were Immediately
surrounded. Partridge spoke earn
estly in an undertone to Cudahy,
but all the satisfaction he received
was: II told you to buy wheat, Ed"
With this Cudahy walked away.
After the unusual fluctuations of
the session May whe at closed at
s615c-within quarter of cent OF
yesterdays price. The range Of
the day was about &c.