St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-05-11
ANoted Broker Cone.

Noted Broker Gone.
Special to the Globe.
New YORK, May 1o.-Charles T. Woer-
ishoffer, head of the great house of Woer-
ishoffer & Co., Exchange place, died this
morning. Death occurred at a. In, at the
house of his father-in-law, where he was
remaining pending his departure for Europe
on June 8. AT o'clock Sunday, while he
was sitting with his wife, he fell forward
and blood gushed from his mouth. 1t is
supposed that death resulted from the
bursting of blood vessel. He was suffer
ing slightly from pleurisy. During the bear
raids on Willard over two years ago,
Woerishoffer doomed suddenly into prom
inence as an extensive and daring trader
and forged ahead as the nervy and skilIful
leader of the downward movement that
squeezed a number of powerful bulls. Since
that time he has been recognized as great
bear on Wall street. He was German Of
good family and landed in this country in
1864, when he had just turned his major
ity. He comes from Frankfort-on-the-
Main, the home of Germany's money kings
for centuries. and possibly
IMBIBED A FINANCIAL INSTINCT
from the Frankfort air. His first steps
were directed toward the money street, and
he obtained employment with the well
known house of Van Hoffman d Co.. where
his natural aptitude for speculation soon
became clear. After serving an aEprell-
ticeShip at desk work he became associated
with the firm of Speyer & Co., brokers and
dealers liz foreign securities and exchange.
In the course of a few Years his elders
began to consult and respect his iudg-
ment on turns i'll the market. and
the largest German brokers, welding heavy
capital. iDtrusted him with their brokerage
For some time he confined himself To the
legitimate business of commissions. in
which he earned an enviable reputation for
his acuteness and honorable prOmpJneSs in
making returns. At length. feeling his
own strength, and fully confident of bust
ness from his German constituency. he
branched out for himself. and for ten years
he has been known as trader on his own
account. His very remarkable and success
full intuitiOns about the market brought
him rush of business, and for several
years he stood in position to command the
entire German strength OF the street. When
he did move, it
MEANT FOR MORE
than the personal deals or the personal cap
ital of Woerishotfer & Co. Sometimes on
lllO Jun olNlC, dSdll Ol4 Tic DCdI. always
shrewd. generally successful. There was
nothing about Woerishoffer to indicate I'M
usual financial instincts. Those who did
not know him usually took him for solid
German merchant with a great trouble on
his mind. He was of medium size, with
quiet eyes, reserved and affable demeanor.
and remarkably even temperament for one
carrying the details of intricate problems in
his head. He was genius Tor telling you
| everything that you did not want to know,
| and nothing about the subject upon which
| you were seeking information. Always
polite and gracious full of good humOr,
| courteous and unrufled, he would laugh
and joke, slap you on the back with German
heartiness, agree to everything you said,
but when you tried to bore into him for
news he would blankly say, in hi,
blandest brogue: You go TO Cammack,
he understands these things better as 1 do.
| Cammack, by the way, is the shrewd brokef
| from New Orleans, who figured with
| WOerishoffer in his deals. In his social
and business relations Woerishoffer was
extremely popular,
| CHIEFLY AMONG HIS CLERKS,
who often experienced his kindness. Often
| when one of them looked "paved OUT
with hard work he would quickly receive a
good sized check and an accom-
panying order to take a trip and
build up. In case of any trouble or family
affection, the same sort of cOnsiderate help
was extended unasked. In his domestic
| life Mr.. WOerishoffer was most happily sit
uated. A few years ago he married
daughter of Oswald Outendorfer the Staatz
Zeitung proprietor. and they had one child,
a daughter. His home on Thirty-ninth
street. near Fifth avenue, was the abode of
cOntentment, hospitality and the choice
luXuries of wealth. His actual accumula-
ton it is hard to compute. He was
not a Vanderbilt, nor Gould. nor
Sage, but nevertheless. his wealth
runs up into the millions.
DETAILS OF THE DEATH.
| Mr.. Uhl. brother-in-l aw of Mr.. Woer-
ishotfer, said In relation to the latter's death
to-day: The family and some friends were
gathered in his room about his bed. 4
little child was playing about the floor. and
everything cheerful and happy, with no
forebodings of death. He had been sick
about a week, but he was cheerful yester-
day and lived throughout the day. He
spoke pleasantly to his friends and made
little of his sickness. About $50 o'clock the
party left his room and assembled in an adj
joining room. Perhaps thirty minutes after
wards one of the girls rushed into the
room her apron covered with blood and
crying out to send for a doctor. 1 went
into his room and felt of his pulse. and
stairs and ordered the carriage to hasten to
DR.. Rudeys. Before we returned Mr..
Woerishotfer was dead. DR.. jacob said
the cause of death was aneurism of the
| lett lung. The other doctors ascribe it to
! other cauSeS -