Evening Republican, Volume 19, Number 130, Rensselaer, Jasper County, 2 June 1915 — HILL S BOARD OF TRADE IS CLOSED [ARTICLE]

HILL S BOARD OF TRADE IS CLOSED

Failure of A. W. Graham & Co. in Lafayette Responsible For Several Losses Here. The W. W. Hill grain brokerage office, which has been operated here for several months, occupying a room in the G. E.'Murray building, was forced to close its z doors Tuesday when the A. W. Graham & Confirm in Lafayette assigned. Practically all the operations of the Hill branch of the Graham concern were through that office and a number of local investors are said to have been playing consia&ntly winners for some. time. They had been wheat, the price pf which has been falling and a drop of 5 cents Tuesday precipitated the failure of the Lafayette concern. W. W. Hill, the manager here, is said to have been quite a heavy investor himself and Frank Hoover was associated with him in several deals and was on the right side when the startling announcement of the .failure was flashed to this city. It is understood that Hill had between $2,000 and $3,000 invested. Most of it is believed to represent Hill’s winnings in previous deals. Hill and Hoover went to Lafayette today to ascertain if they could save anything out of;the wrcek of the Graham concern. There were a number of other loserp of smaller amounts, it is said.