The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-02-24
ONCE A WALL-STREET KING
Death of Rufus Hatch, Who Made and
Lost Fortunes in Bold Speculaiions.
Though Once Worth SIC. 900. 900, He Died Com
paratiyely Poor-A Resident of Indian
apolis Many Years Ago.

New YORK, Feb. 23.-Rufus Hatch. the
once famous Wall-street magnate, died
this afternoon at his residence, in Spuy ten
Duyvll, at s O'Clock. Mr.. Hatch was sixty
two years old. He retired from 1.-The street.
two years ago and had been failing in
health ever since. The immediate cause of
death was a complication of kidney. heart
and liver troubles, which had confined him
to his room for several weeks. Mrs. Hatch
and ell the members of the family, except
Mrs. Kimbali. q daughter living In Cali
fornia, were by the bedside.
Rufus Hatch was born in Welles, Me.
He achieved q fortune In Chicago by bold
operations In wheat but lost it again at
the close of the Crimean war. Then he
came to New York and was prominent with
the late Henry Keep, Governor Flowers
brother-in-law. in the manipulation of Chi.
cago & Northwestern. But like many
others of the daring men of the street,
Rufus Hatch was up to-day and down to-
morrow" and he got squeezed sometimes
himself. The last squeeze was In 1888,
when he went down in the Willard North
ern Pacific disaster. He and James Keene
were interested together in the famous
corner OF 1885. but Hatch never fully re-
covered his OLD place, ana Is DeueyeQ TO
have died com paratively poor.
Once a Resident of indianapolis.
Rufus Hatch was once resident of this city,
and lived at No. 90 West New York street, in a
house occupied by Mrs. C. II. Powell and
daughter. He is well remembered by Mr.. E. G.
Atkins, who had business relations with him
then. About the time of Russell sages
experience with dynamjter Norcross, Mr..
q paragraph in newspaper 10 the
effect that Rufus Hatch was chairman of the
city, and contributed $4,000 year to the choir,
but did not know anything about music. when
knew Hatch" Mr.. Atkins said. "he was a mu-
sician. and good one. That was back in 1857
and 1858. when he played the organ I'm the
old Baptist Church which stood on the corner
of Meridian and Maryland streets. where
Mr.. Hatch came here from Chicago with
Mr.. Everett, the inventor of the then new
together in the mill they built and bought saws
at my factory. which was then just starting
After Hatch left indianapolis he went New
York and when next heard OF him he was get
sixteen years ago L met him and found him
worth slo:ooo,oOo. He was manager of the Pa
cifc Mail"
mo house in which Hatch lived
when in indianapolis. was built by
Judge NJ, N; NJ; Ray, torty,fye years
N mOyed to It's present site on New York street. IL
originally had four rooms, two upstairs ana
two down: separated by wide hall, The' ball
ended In tho rear In an alc0ye, which was used
as dining room. The rooms are very large, an /
ceilings are high, and give an air OF spa
ciousness. The inside finish is of tie old style,
grooved wood.
Funeral Of General Beaurecard.
NEW ORLEANS, Feb. 23.-This afternoon, at 3
o'clock. the remains Of Gen, 2. G. 7. Beauregard
were borne to their last resting place. Thou
sands Of people were permitted to take their last
look on the features OF the dead General. The
floral tributes were numerous and beautiful in
design and finish. The flag with which General
Beauregard was presented by Mrs. Carey. in Bal
timore, at the opening OF the war; and which he
donated to the Washington Artillery few years
ago. was placed on the coffin by that command.
The ceremonies were elaborate in character, and
the obseGuies partook or the nature of military
and civic demonstration. The pall-bearers num-
bered nearly one hundred, including prominent
confederate soldiers and statesmen The funeral
cortege moved from the City Hall at o'clock
The Interment was at Metaire cemetery in the
tomb OF the Army Of Tennessee