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Show t I i " ' " r i - i ' , ' '.' I - - ! l ! , I . .l.,.a.J.-V - - -- - - W- ' "' . . - . v . r S cgoocc - :c c ; :. c j o c j j o o o o j c j u uou o . LILZ T.'AT COS i CULLY ?2,i';j,t. ; u .... ... . O o G NEW TOr.C, Jlarcb 10. Daniel J. Sully, who came from rrovidince, 3 I., to bull the cottca market, went to luncheon at 1 o'clock. The luncheon cost fclm J.st 3.CC1.C5. All day Sully had withstood th-s fierce attacks of the tears, and felt at last that hn was safe. Before the meal was half finished one of his brokers came running to .say that the bears In his absence had redoubled their attacks. 0 The young plunger ran to the Cor of the exchange, but' was unable to withstand the deluge of sales. Cotton went down and down, -and when the day closed Sully had lost J2,&00,000. ' Tr- 1 it J i-ii.t W ill. .... .... i. I J ; i . i . it li. II:rc mies Tcp avc. ' irnW Ycr.::, March 13: The Cotton VAv.z I as come i:Uo his own aikln and j Vf.'.l frcet, Irreverent, of kings, has welcomed back to crown and throne Theo'ore IL Price, who less than three years ao was deposed with a crash that rahg round the world. Cotton is king again, however, and Price is king of cotton. With 6O04O0O bal.s to his credit he sold his holdings a ehort time ago at a profit estimated at J cents a pound, & clear profit on the ' transaction fcf a3.000.000. - In May, 1D00, Theodore IL Prlc began his financial Career from a new beginning begin-ning with a few paltry hundred dollar bl'.ls In his pockets, and a wife. ; There-la There-la lies a story which is a romance of Wall street, a place where romances ere not regarded as assets. ' Tailed for $16,000,000. - The firm of Price, McCorm'lck" A Co. went down on Thursday, May tith. In a crash due to the tardiness of cotton in rising rapidly enough in value to Justify Jus-tify the predictions of Theodors Price. The firm failed for $18,000,000. With that peculiar character of Irony for which all stock and produce exchanges ex-changes are noted the price of cotton was sent within a week to a point which would have made $5,000,000 for Price had he been able to have margined his holdings hold-ings a few points. On Monday. May 28, 1900, Theodore H. - Price was to have been married to a young woman to whom he had been . engaged for a year. His bachelor dinner was set for the night of the Cay on which he failed. ' - ' t ' Church Wedding- Planned. " ' ; This event never occurred, nor did the elaborate wedding which, had been arranged to have taken place in the Church Of the Epiphany at Thirty-fifth atreet and Lexington avenue". . Mr. Price called upon bis flancee. "You are released from your engage-went," engage-went," he said. "I am, a brokta man. - : Instead of being a millionaire I am : ; likely to face debts of millions." Stood by Him. - v. The young woman was Harriet Eu-' Eu-' . tenia Dyer, daughter of the, late Gen. Alexander B. Dyer, tT. 8. A., and possessed pos-sessed something of the army spirit : Any proposition looking to breaking the engagement was promptly disposed of by her., Instead the date of the mar-Jiage mar-Jiage wa charged for th following Saturday, the 26th of May," Instead of Monday, the t8tlf, und instead of a wedding wed-ding in a church filled wth- mutual acquaintance ac-quaintance a, there was u simple little ceremony In the drawing-room of her Sister house. . '-V. That night they started for Providence, Provi-dence, R. I., where. Mr. Price .had an ' Interest tn the firm of Reynold & Co., cotton - spinners. . Theodore Price, however, was not the : . . sort of man to let his knowledge of cot-' cot-' ton conditions go to waste. Tentatively he tested the market In 1901, and while v he made little for himself he made mll-, mll-, lions for others. The world wa cot-. cot-. ton hungry and he knew It. With the statistic of the world' cotton cot-ton consumption at his fingers ends the man broken In the' crash of 1300 began his campaign last December to recover - , what ha had lost. . Back sof him were , gathered money force aggregating $25. ''. 000,000. . A. C. Burrage, the copper magnate of Boston, and indirectly representing John D. Rockefeller, furnished the war . materials for the campaign. Price handled han-dled the forces. Profit of f 5,000,000. Buy. buy, buy was bis constant com-' com-' mand. to those who were working for him, and three weeks ago he had to his ' ' credit 500.000 bales of cotton, each bale of cotton wielghlny 500 pounds, and representing, rep-resenting, at an average Increase In " . value of 2 cents a pound, a profit of J3.000.000. . V ' Then D. J. Sully of the firm of P. W. Reynolds of Providence, R. I., came into the field a the bull leader, deposing depos-ing Theodore Price when the price of ' cotton passed the 10-cent per pound rirlce." Price then turned bear.- . 'Greedily. Sully took all the cotton " that was offered, and day by day Price - fed It to him. First at 10 cents a pound, then point by point until, he had disposed dis-posed of the last bale at 10i cents. Then, with several millions to hli credit, cred-it, be took up the old life as he had left It off nearly three year ago, when a miscalculation bad left him stranded less than a week before his marriage. ' ' - Today Theodore H. Price Is king of - the cotton market -again.- - The fight is his up to this point. He ha sold his holdings and has his prof-Its. prof-Its. - ; - ' ' Mr. Sully, the bull leader, Is still buy- lng. He has made no attempt to close ouVand has no profit to his credit at this time. - ' ' ' - r |