, 1897-12-21
PROUD OF HIS BOY.
LEVI 2. LETTER WILL STAND BE
HIND HIS SON IN his WHEAT
DEALS.
Has Plenty of Money to Pay for What
He Has Purchased and Will Not
Be Driven to Cover by the Armours
Quality Purchased is of the High
est and Will Bring q Profit.

Chicago, Dec. 20.-IntereSt in the biz
December wheat deal was greatly in.
creased today by the arrival from
Washington of Levi z. Letter, the mil,
iionaire merchant of Chicago. and the
substantial admission by him that his
millions were at his SOS command in
his sons struggles with other interests
My son has plenty of money to pay
for what he has purchased" said Mr.
Letter, ST.. About his wheat operations
he has informed me fully. | have been
a merchant a greater part of my life
and am much pleased that my son has
~broadened out into a first class merch-
ant. Wheat is a first-class commodity
of commercial use.
THE quality of wheat which he has
purchased is CT the highest, and | am
Ire will be in demand at a higher price
than he has paid for it. am well pleas
ed with the situation"
George B. French. vino. it is said. has
engineered the tremendous deal in De-
cember for the Letter clique, stated to-
day that the bull combination will have
at least 5000. 900 bushels of wheat to
take care of. The tactics of Armour in
rushing millions of bushels to the Chi
cago market, he said, have caused the
Letter following to change some of
their plans very materially.
THE impression thai we are going
out of the market as soon as we con-
clude this months trading is hardly
true" he continued. I'VE propose to
remain in the field. | am not prepared
to say we will ship all our wheat abroad
but we will sell it the best we can"
There was another big increase in
the amount of contract wheat in store
here today, over 500. 00o bushels being
added to the stocks. Friday and Satur-
day nearly $500, 900 bushels were deliv-
cred here, all of which was taken by the
Letter people. At least 1900. 900 bush
els more are expected to arrive, and in
the liquidation Of this Is expected to
come the final test of strength for Lett
er. The 100000 bushels delivered to-
day had not the slightest weakening
effect on December. On the contrary
it sold as high as $1.O2. shortly after the
opening. 1t Subsequently reacted to 9912
cents, y cent above where it closed Sat
urday. The statement of Mr.. French
concerning the Letter crowds intention
to stay in the market received SOM
solid confirmation, as there was gor:
buying OF May ali day credited to them.
ANOTHER LEUTGERT SENSATION.
Chicago, Dec. 20.-Four notes for So
900 each. held by Judge William A.
Vincent, former counsel for Adolph l..
Leutgert and given by the glib sausage
manufacturer to Judge Vincent for le-
gal services, are said to bear forged in
dorSements. The notes are signed by
Luetgert and Endorsed with the name
Of Paul H. Jaeschke. Il plumber and
real estate owner. Jaeschke denies eln,
phatically that the Endorsements are
his. Judge Vincent is said to have ad-
vanced Luetgert 81 900 in cash on the
strength of the four notes.
Arnold c. Luetgert admits that he
forged a name to notes amounting TO
81, $50, turned them over to Attorney
William A. Vincent and victimized 9TH
ers to the extent of 81 900.
Arnold Leutgert is the son of Adolph
Luetgert, now on trial charged with
the murder of his wife, and Attorney
Vincent was the chief counsel of the
sausage maker during his trial. The
lawyer withdrew from the case when he
realized that he had been deceived, and
when the story hat he had been an
easy victim to young Luetgert was first
suggested, endeavored to suppress the
details. He finally admitted that the
young man had told him of having forg-
ed Endorsements on three notes and de-
posted them with him to secure his fee
in the murder case. and Luetgert him
self, in the presence of witnesses. cor
roborated the story.