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Domestic News May 9, 1884

The Wahpeton Times

Wahpeton, Richland County, North Dakota

What is this article about?

James R. Keene, California millionaire, after stirring wheat markets in Chicago and challenging railroad men in New York, has been financially ruined and ousted from Wall Street. Jay Gould predicted his $5,000,000 fortune would vanish in ten years, forcing a return to California in a box car.

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Full Text

James R. Keene, the California millionaire, who went into Chicago a few years since and raised a commotion among the wheat men, and finally drifted on to New York to overcome the railroad men, has just been kicked out of Wall street a "busted community."

It is said that in the commencement Jay Gould predicted that Keene's $5,000,000 would be gone in ten years and that he would return to California in a box car! In this as in all other forms of gambling, it's a mere matter of time as to how soon the big fish will absorb the smaller ones.

What sub-type of article is it?

Economic

What keywords are associated?

James R Keene Financial Ruin Wall Street Jay Gould Stock Gambling

What entities or persons were involved?

James R. Keene Jay Gould

Where did it happen?

Wall Street

Domestic News Details

Primary Location

Wall Street

Key Persons

James R. Keene Jay Gould

Outcome

financial ruin; $5,000,000 fortune predicted to be gone in ten years, return to california in a box car

Event Details

James R. Keene, California millionaire, caused commotion in Chicago wheat markets a few years ago, then moved to New York to challenge railroad men, and has now been ousted from Wall Street as a busted community. Jay Gould predicted at the start that Keene's fortune would vanish in ten years.

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