The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-02-24
RUFUS HATCH Is DEAD.


A0O FomOOo Broker RD00 MS AAH0 N
Poverty-His Ups and Downs.
NEw YoRK, Feb 2a-Rufus Hatch. the once
famous wail street maguate, died this afternoon
at Ms residence In Spuytsn Duyvil He ret'feo
from the street two years ego. and had oeen
failing In strength ever since The Immaculate
cause Of death vas . complication OF kidney:
heart and liver troubles, which had connneo
him 70 his room for several wsska
fRufus Hatch was born 1t Kennebunfporf:
Me. In 1882 His family soon aiterward ven!
In email produce store In Rockford, III ne
nnfolded 70 his employer . scheme BY which
Rockford could b made markesto kuiuss
duce brought in for sale be held subject TO the
farmera risk until such time - they could %
sold. He received permission to undertake this
soon able to collect enough money to
send 70 Chicago for 100 grain bags he then
made . stencil cut OF cardboard and printed on
and shus he entered business for himself He
progressed 90 well that in 1880 Rockford became
too small for him and be then moved to Chicago
i'd. ia .; 's e. 1s :. bsc. nna prom
nsnt merchant in Chicago, and was one OF the
incorporatofs Of she Chicago Board OF Trade
He began 70 invest in railroad secu.ilies, ana
Chicago Northwestern railroad. He made
fortune In wheat, but the Crimean war ruined
him. 1t ended short Oh when the market was
Hatch. - . member OF the firm OF Armstrong 4
Co, was bankrupt He did not clear of by
the bankruptcy court method, but assumed
one in full with interest He came East with q
full sknowledge of Western affairs. and with
Henry Keep serted In to bull Northwestern,
found Mr. Hatch vigorous bear. but he waited
too long, went short too far and failure met
him in 1873 with . balance of nearly q, 100
against him. But he was . leader in specula-
m N -.
cific was then going on, aud "booms' OF every
sort were rampant Mt. Hatch went out 70 see
1 n: :aS saet with the ~ :1s. f: :na
Its possibilities, and cot about scouting it. A
spur Of the Northern Pacific was 70 run down
into the park. and with the exclusive rights
have supplanted the United States in the owner
ship OF the park. An opposition headed by
Senator Vest, OF Missouri. was started and
ground that he wanted IL really - an exclusive
graSing ground for his own herds In the then
booming cattle ranch teds. It was about this
capital through the British stomach. He went
including titled Correspondents for the large
is.:tsd. and were not disappointed. They cot
to the PARK, after visiting Niagara, Chicago, ST.
Paul and other cities en- route, had high old
news came Of the Willard crash Of 1883 in North.
cru Pacific, and Rufus Hatch was again a
ruined man. He got the Engishmen off his
home nys:issd, declaring this sAS wa. :Ds great
country, but with no very clear idea of
what had happened. That was the last failure,
ana from It Rufus Hatch has not recovered. He
went out of the Stock Exchange. out OF the Pro-
duce Exchange, and took . membership in the
Consolidated. He had two hobbies. music and
books: Away back in his Chicago days he
In his palrny days Implanted the wheezy In.
strumeut BY $4,000 grand. In New York he
was head Of the music committee of Christ
enjoyed the notoriety Of the effort when the
Yellowstone trip was made he took along con-
cert singers. and lately be found his greatest
his library. When he was managing director of
the Pacific Mail Company he gave another ex-
hibition OF his skyrocket ways Of doing things.
tro ;n, C S, o. fsfns ana City OF
their trial trips were hummers. One went to
Boston with several hundred excursionists
aboard: The other went to Newport pelmon.
music, and what with the president, the cab
met, congressman and such on board. it
was a very distinguished party indeed.
getting into iawsuits Gould never liked
him and frequently warned those in deals and
pools 70 keep Hatch out since there would
gamation Of tie American and Western Union
telegraph Companies there was just such q
break. Tho celebrated lsndauet suit with
-
tory. The bill was for 5000 for repairs to the
many carriages which Mr.. Hatch maintained
when he lived In that fine Park avenue house
which Richard B. Connolly, Of Tweed ring
fame. had built for himself, but which Mr..
Hatch purchased for 100000 and spent nearly
az much more in adOrning. In the Brewster
bill Mr. Hatch found that gratuities to his
cnachman, jenkins. we're included, and he pro.
ceedsd to fight it. John Graham was his law
yer 1T one time. and the case was won by one
side and then BY the other until the costs of the
litigation far outran the original measure, and
then the lawyers fight was to 30 end the suit as
to throw the costs on the other sida Mr.. Hatch
had great friendship for Newspaper men.
we'll newspaper man now in congress
sions OF q satiricsl sort 1t was difficult to say
which wns Amos Cummings and which was
Hatch. He was capital at parody writing, and
his celebrated buriesqus edition of Wizards
high-sounding prospectus OF the Northern Pa.
dozen years Mr. Hatch had been a
vigorous writer, mostly in critiques
upon the market. and the mention Of water in
stocks was sure to start him Off In q pungsnt
talk on that tender point Mr.. Hatch DISPOSE
ton for litigation led to his practical ostracis-
ton In many financial lines. He was not OF the
modern type OF Wall street man, cool and CAL
culating, but liked to operate with full brass
band a. part OF his outfit He was . high liver,
drinking. stood In the front rank. He leaves
three children by his drst wife, who was . Miss
Charlotte 7. Hatch. and four by his second wife,
who was . daughter Of Capt Gray, the COM
has been head OF the Rufus Hatch Qimited)
Co, intended to operate in the street, and was
also interested in the ranch business in New
Mexico and Arizona. He died without power in
an arena where at one time his demise would
have caused panic.