Rensselaer Semi-Weekly Republican, Volume 36, Number 62, Rensselaer, Jasper County, 25 March 1904 — DANIEL J. SULLY. [ARTICLE+ILLUSTRATION]

DANIEL J. SULLY.

Daniel J. Sully, the cotton king, whose failure startled the world, was a salaried employe earning $75 a week two years ago. After viewing the cotton fields t>t the South he concluded the waste of the farmers and the ravages of boll weevil would curtail the production of cotton. He advised friends to buy cotton and acted as their agent. In the May corner of 1903 he cleared $2,000,000 to $5,000,000. He increased the market value of the year’s crop $200,000,000. Since then he has been a bull in the market. Inability to buy all the cotton offered at falling prices drove him to the wall. Sully clique losses $10,000,000 Sully’s loss in four days 5,000,000 Highest cotton price of day. . 1523 d Lowest cotton price of day.... 12.65 c Los on each bale about .... S2O Sully begins speculating.. .January, 1903 Corners world’s market.... May, 1903 Collapse March 18,