The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1897-05-21
TREDWEIL KETCHAM DEAD
4 MIN OF NOTE IN BANKING CIR
OLES IN NEW YORK FOR YEARS.


don Banker George Peabody-A Distin-
guished Career-Features of Interest in
His Life.
Tredwell Ketcham, for more than
quarter of a century a much esteemed
and noted resident Of this city, d'cu
at his home, 50 Sachem street, yester-
day afternoon at 1880 o'clock, after
four weeks illness,of malarial fever
Mr. Ketcham grew weak from the first
attack of the fever and being eighty
four years old, but little hope was mad
for his recovery. He was attended by
DR.. j. P. c. Foster.
Mr.. Ketcham was one of the aoiest
financiers of hisNtime in New York CITY,
and the banking house of 7. Ketcham
a. Co., of which he was for many years
the head, was one of the leading flnan-
cal concerns of New York. The house
was for a long time the American cor
respondent of George Peabody, the
great American banker and philanthro-
pist of London, who gave the funds to
Yale with which the Peabody museum
was erected, and left large sums Tor
philanthropic purposes.
Mr.. Ketcham was born in Amityviile'
Long Island. and at an early age went
to New York, where he became clerk
in a mercantile house. While still
young man he opened a banking estab-
lshment in New York. The business
was prosperous from the start, and cid
q large and important business, and
about twenty-five years ago Mr. ket-
cham retired and removed to New TIA
ven, where his daughters, Mrs. Danlel
c. Gilman and Mrs. Daniel c. Eaton,
lived his surviving daughter, Mrs
Eaton, still residing here.
During his residence in New Haven
Mr.. ketcham had been Withdrawn from
active business life but still devoted
considerable time to looking after his
large investments. He was much in"
terested in yachting, and his yacht, the
Niagara, was one of the trimmest OF
the yachts in the fleet Of the New Ha-
ven yacht club, Mr. Ketcham having
been member of that organization.
One of his especial delights was to take
a party of his friends out sailing in
his yacht, and he was an expert In the
management of sailing craft, having
become familiar with yachts and yacht
ing many years ago, when for a pas
time during his hours of relaxation
from business he went out yachting at
Great South Bay, L. l., which skirts the
shores of Amityville, his native place.
Amityville is on the south shore of the
island, and his old homestead stood
within half mile of the line dividing
Suffolk county from its neighbor,
Queens county. Mr.. Ketcham loved the
sea and loved nature, and was fond
of duck shooting, and was quite an ex-
pert in the use of the rifle in his young
er days.
When he first removed to New Ha-
ven one Of his first business calls was
at the City bank, Of which the late Ezra
C. Read, father of the wife of ex-Lieu-
tenant Governor Wayland of this city
was then president Accosting Mr.
Read, who was formerly a noted New
York merchant he said he had come tc
open an account with the bank, and af-
ter the cordial greetings which ensued
Mr. Ketcham's fame as a business man
having preceded him, Mr. Ketcham re-
called that he first saw Mr.. Read wher
the latter came to open an account with
the bank in New York where Mr.
Ketcham, then young man, began his
business career.
About the time of his removal to New
Haven Mr.. Ketcham was the larges
Individual holder of United States
bonds in Connecticut. During the late
war while George Peabody was one Of
the bulwarks Of American credi
abroad, Ketcham & Co., through him
were very successful in placing large
amounts of United States bond:
abroad. Mr.. Ketcham amassed large
fortune and was considered one of the
wealthiest men In the state, his fortune
being estimated by those who knew hin
well at between 100000 and $4,000, 600
His wife, who was a Paterson, N. j.
lady, died twelve years ago and since
that time his daughter, Mrs. Daniel c
Eaton, widow of the late Professo
Daniel c. Eaton, professor of botany il
the Sheffield Scientific school, has hat
charge of his household affairs. Thu
other daughter, who died some tim
ago, was the wife of President DAME
C, Gilman of Johns Hopkins university
who was at one time professor il
Yale and later president of the Unfver
sity of California. Mr.. Ketcham ais
leaves a son, William P. Ketcham, wh'
is a prominent banker in New Yorl
city.
The deceased leaves also a brothe
and two sisters, who reside at the oil
home in Amityville. He was a mem
Der of Center church. He was mai
of striking, commanding presence, 81:
feet in height, erect and was straigh
as an arrow even in his later years
He was a very friendly man, with
kindly greeting for all who knew him
The arrangements for the funeral hav
rot been completed. The intermen
will be In Paterson, N. j., by the sid
of his wife.
YOUNG MEMS REPUBLICAN CLUE
French Clock and Fine Picture Pre-
sented Last Evening by Charles f