The Butler Weekly Times Newspaper, May 6, 1891, Page 2

i i ' } DOWNFALL OF *OLD HUTCH.” The Great Sveculator a Mental, Phys- cal and Financial Wreek. Chicago, TL, April 24 Whe is Hutel was the question th There was various rumors about B P. Hutchinson's non appearanes his usual haunts this Some were that he had been s at various places, but when followed up they proved to be only the wild ones that come usual when some one dixappears Thie last seen of hin was at 9 o'clock last night, when he packed his gripsack and Wid fare well to a bar-keeper fromm his office. He went t pot and took the 11:55 train on the Chicago and Eastern Illinois rail- way for Florida. He had contem-| plated «a southern trip for some | time, evidently started without preperation. Dispatches from Evau- ville, Ind., say that there early this morning, and that across the way » the de and on it more than a few minutes he was seen confirms the report of his sons that he had goue south but just where no one knows. Hutchinson has been the largest speculator that ever lived, but like all ethers who play the game too long, his star has gone down. For the past two years he has been on the dowa grade. Being a man of iron constitution gid of wonderful brain power he has neglected his health and by excessive dissipation has broken down physically, mental- ly and financially, and is now ouly a shadow of his former seli. At one time he had over $5,000,000. With in the past two years his losses ag gregrate over $2,000,000, and in the last three months over $300,000 in excess of his winnings, which have lown here this that father had pearance mor made his ap- not 8 off.” you admit that your father linit that he has susper but doilar fer dollar. business, he will be able to pay Ido not think he will ever resume business.” trades ome = ¥2,500,000 in open lone. I wish to state here that my brother. C LL Hutchinson, has hid jno business relatious with father for The affairs of Exehange Exchange, the last five the bank, the not be affected in the least by iny| downfall = Some to the conclusion that fath- years. Corn will father's time azo we came er was demented, and we thought of | taking his business out of his bands and having a conservator appointed, | but to abandon |} this intention. | we were advised Father has been on| and we did our utmost to keep th fact from the public.” “Do you think your father has} “No, I do not \ will hear from hin committed suicide? I think that we soon “Itis rumored about the board | at times been heavy. He made a settlement with his family about the first of the year, and then had about $750,000. Now he financially embarrased ties are large, but cient to pay in full. is regarded as His liabili his assets suffi His books were even last night with about 2,500,000 bushels of grain and a moderate quantity of provisions. Many of his trades show profits which are re garded as sufficient to pay all loss. Most of his trades were closed out by his brokers on the advice of his sons. His big loss has been through corn, he having 2,500,000 through his house and with brokers. Most of it shows a loss of 6e and some more. [t was al! ed outtte-day. He bucked against Leopold Bloom, who short, but the ceipts made the market too weak, and the last named operator has in the last few days a big winner. Bro kers who have handled Hutchinson's usiness say they bushels own clos was # heavy weather and big re will lose nothing by the closing out of his trades. A jalarn BLAINESTILL IN THE RACE. 2 of The Story of Has isal to run Not 3.400.000 \pr 20 : e s vce) hore “> Si E 4 sau : 2 ’ s t ts uy sult The 5 ‘ ly bee ped because th were hean t i s. His were n Snot ma ‘: ; ny good qualities. His fanuly re - : = his ece S. Hi Was tre Spe: rheutiatin: dered, ad str Elect: ward of Electr: of Bucklen's She his mg deg ind he wa c utricities . his ston liv ter ith. rd. Harrisbury. had a ruuuing sore years standing. tterances Mr prominent republi- lerstood that Eikins imen Cases Itisu Cassel, Wis..| is one of several ed upou Mr. Blaine at home here about three weeks er Was i > ifter a long eonsultation fe Sencs x residency, durin 4 e next presidency, « g bly reduced iu he: See ig . Th Blaine evaded even the; cure] lirect | statement of lis pesi- ured from him tion, that the sec au promise ou bis: leg situation, so as apy utter- Used three be : - ; one sitters nameleteverebores bane lis could aifeet it suould for | Arnica SING and lis | the present remain open. and well now Jobu ay leg is sound Catawaba, O., had § ve larg 6 Speake tr, Was le ly | Shot an Ur Springs, Ark., A; ward Sibbald of St Hot the verge of ruin for a long time, fever sores on his leg, doctors meurable. ¢ Bitters lca Salve by H. L SOPEK’S MANY TRAIL S. bottle box Buck One Dems Parsued Now in Sheflield— O: ae : Trait nd on > cured 1 Tucker, The Ottawa, Kas, | \ { | | Eatiy this morning Chief ef Po-! armed 3 > t notified that a man | lice Speens was Joseph thought to be Bates Soper, the Ar. Always pay t 5 1 butcher had been seven on | that your father has lost 25,000,000 | $on-in law of the Inte Con sa ia ne OU eu ameter | é . ; welfth street, nes st CFOSS during the past two years, and that) J- N. Burnes of that district, a RSL lit : i ; that te ae gah | he has made but little money. Is/80d severely wounded Chutes Me- re ; sare of Shettield nis ihe this true?” “Father has lost heavi | Leow. a gambler, recoutiy f Ete os 5 | 2 es || cles Sars 7}, Blue Sergeant of Police Parker ly und won little, but Ido not think |@. about midnight lust night The 70" 7 7e0Nt Oe | ae : at. oT Mier |(boler toolkelicch ouitedeltesiderof) 0 cero cteoaes | ge eit it is us bad as that The greater Gesaleie loll tac tbe Bice walle is fo > has di saved | tne a: tering just above theup- : aS S Oa ne tans: Vans abs) re ete salpseee EF aes with horse and buggy, but at 1 but he will not be entirely p nnilese.” | pet). huocked out a few t - Lailocan Geauridemioleat “LT haven't seen my father forsoume lodge lj eS heddean ji 5 : : ‘ . sadgaaiters. Gays,” said Charles 1. Hutelineou, (Dall wasjes tacts and the wound ts) 2 iutieaseenienintiiat) at the Corn Exchange Bank this af [Bot ¢ nsidered dangerous. Silsbald s . : o hs : ; wars Ki ; ternoon, “though yesterday and te was iid in $1,500 - uM nai ae meen ti a to a day Ihave had men out looking for | Tuesday. é es e z 1 es 4 a ae Roe ie him As all of his friends know, he| Te tWo men met in th On anh w a : = ae “j A has been out of his mind for two !¥ & few aimutes ber years and is As to his failure Lam quite ignorant, he has failed. Io under stand he has left a number of trades but he left euough money to settle all his liabil He has had connection whatever with the Corn Exchange wholly irrespousible. if, indeed, has open, probably ities. ho Bank, Lamas entirely without i -} fermation as to his financial transae- tions as ao stranger. [have net teard, however. that he has been speculating very | ly of laie, but it is possible tbat he has. As I said, Lam not in his confidence and ean teil vou nothing about his deals. I} should be glad of any information as to my father’s whereabouts He ought to be cared for, but he bas always refused to permit me to cae for or do anything for him.” All his differences in) the clearing partner in one of the biggest houses said: “This is not what can be called a failure at all. gius and failed to pay, and his open trade: ve been closed out IT sup- pose his habilities will not exceed $200,000. He was very long on the market, the was the cause of the demand on him We know that on January 1 he had $300,000, but we presume that this has been spent ere this.” “Will the differences be paid?” “That we can't tell. I should think though, with the assistance he can get he will have trouble in set tling. He is being carried by some people. but the outsiders are aux ious, all of which is to be expected | under the circumstances.” “Old Hutch” was accustomed not to eall margins on his fellow brokers and they reciprocated the kindness. But it is said that he recently adopt | ed more stringent methods,and ape n the time came for retal traders asked him meet his marg His appearance on the board wo He was called on mare and decline iu prices have belped matters some, friends were disapp morning wore away come The work of closing trades was then Late this afte inson admitted financially embarr: has been demen he said. *Affa l 1 been going ¢ We have hoped that he would be able to tide over, but things have gone from bad to worse,and its no use. I came} house were paid to day, and it is ex- pected that they will be prompt'y As his affairs several days will Le met to morrow. badly mixed up, required before a detinite statement are ein be made. jj. P. Hutel schusetts inson was bor: lis 63 ve the comu Lyon. irst .enture iz Mass s he and live was a cobbler in After building up a fair busine failed in 1 He came settled in Milwaukee. anc west iwas known for years by the old farmers as the “busted Lynn His brother was then a large commission man in Milwaukee and he helped Ben, who, in 1857, came te Chi and entered the gre trade here, where he has mained. He had one partner another until it seemed that the old man was or has been mixed up with | almost everybody in some form of } shoemaker.” nago 1 and provision since re- after Ing ovK gers. orde:ed Ax S06 who was Wend i a chil garme His br th i was tl a large hart, In Ovid, Mict Dr. Miles H. L. n unarmed, wonders tor his wit New Heart Cur Pucker. timonials tree. ‘curred The quarrel ares as back door of the e Ail ,{and awaiied the He was tike {over his trouble. uts and leav was only slightly . who was near by, felt id saw him fall. The sky DOCTOR overclouded und | storm in the’ there was no rait neighborhood, Proportio: cared. Thus Mrs. +, Were Cured atter s 1, says that Dr. Miles N 20 vears. S.C. San Jose, Ill Heart Cure, w ye tked Logon of Buchanin, heart disease ror bottles made him man of Soper’s te and at description was cere seen at Ottawa. ‘fof Potice Speers was told this morning that ing to J. H. Fuqua, Westport, by Soper has not the horse belong- a farmer living which it is be- he was shot Mel lan out of Sibbeld south of siloon, lieved was stolen yet been recovered. It has been arrival of an officer. of Kansas and April 20th. | traced twenty tiles wert City, Kas.—K. C. Star, cried like o jail struck by Lightaime. Alaska bas reported progress Emporia, Kan, April 29.—Red- "5" Whiat is said to be the larget mond P Dyer, avoune f: cauijin the world is in that in Fremout it cowntry. fs : : Strikes are expensive. Hamburg ly kill st aah : : : @ear iahers strike, strike, whieh almost cloudless I seurred , ; Shoe 1 5:30 while he a 1 ded vecentiy, cost the Social Dem- about 5:30 while he and hi ro oes : < aooue if i it ‘ ae oerats of Germany, England, Switz- hes = ra ee a oe . eriand, Franee and Denmark $100,- ing the stock. Phe m eet L- ono. ing near a feed trough when the ee stroke came, striking dim oon the | ¢—~~——~—~——— ae ‘ THE eft tem and) running the ; fice and down the body to } K | N C foot, tearing offthe shoe, OF ALL n lifeless. ore stroke ACKER'S ENCLISH REMEDY. SOLD IN ENCLAND | for 1s. 1%d., and in AMERICA for 25 cents a bottle. IT TASTES COOD Hi. L Tucker, Agent Ren eR ere! Linburger, 4 hich cured Mich., who had thirt, vears says t teel like Book ot wendertu 1 | partnership. packer he was second only !Armour. “Huteh’s” for 'seemed to be ld see thre At one time a ee and hb e| wou commission gh these with He was a banker He was we ted eae Pp u nished him. » Farmers and Workingmen of Bates County TAKE YOUR BUTTER ECCS : Phar where an $3 d und it fur PHCENIX COAL CO., have established thei Though he botnet barCoal constantly kept on hand for the farmers. ALWAYS GET LARCEST ‘San . ntitles, oliice in our store. on Flour and large The AN AMNNNNTE MES SSS SAN SASS for sii and Children. Castoria curs Colic, , Constipation, wa. Eructation, sleep, and promotes di n, ray Street, N.Y A. O Welton Staple:Fancy Groceres, Fe QUEENS ace @Gi€. oe om (oY anu GLASSWARE i TOBACCO, {or Country Mo- he highest market price Produces E. Side Square, Butler, AOD, AOD TaaYS sap fqs [Tw Jo “AAQuNOd SUT} UT opuce "a ic “soud GNVIYVDPW 0; "sn 908 pu a Ont NNT Sole Agent for the Rockford aud Aurora Watches. in Ned Cases, Very Cheap. re Gold Silver and JHW ELER ¥ S.ORKH, ne Jewelry | Watches, Clocks, | THE POSITIVE CURE .¥ DROTHERS, 66 Warren &t, New York. Price 60!