Clipping:Si Keck's financial situation; panic in the Cincinnati Club
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| Date | Tuesday, March 27, 1877 |
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| Text | When the news was spread yesterday of the financial embarrassment of the Keck Brothers the members of the Red-Stocking Base-ball Club were thrown into a spasm of alarm that was unwarranted. Of course they thought that should Messrs. Keck fail they would be without engagements. If they will take good advice they will do nothing rash in the premises.... Cincinnati Enquirer March 27, 1877 Keep your seats. The game will go on. Monday's little panic is past and the Red Stocking Club is more of a certainty now than it was last week. Yesterday morning the management paid each members of the Club in the city his salary up to date. Then two dozen bats were ordered and the boys had their measures taken for new suits, which were sent to Chicago to be filled (the orders, not the suits). Cincinnati Enquirer March 28, 1877 [from an interview following Si Keck's meeting with his creditors following the collapse of his pork packing firm] “What are the exact figures of your assets and liabilities?” was the next question propounded. Mr. Keck drew from his bosom the statement which he had presented [to his creditors], and said: “My liabilities are $388,000 and my assets $389,000: this is, giving my property and securities at he valuation placed on them by creditors. In fact, their first valuation was about sixty thousand dollars more than that, though I told them that they were valuing them too high at that rate, and they finally adopted my ideas upon the matter. So you see I can pay every dollar I owe and have a thousand left.” Here Mr. Kick smiled sadly as he contemplated the idea of being reduced to the possession of a mere paltry thousand dollars. Cincinnati Enquirer March 28, 1877 |
| Source | Cincinnati Enquirer |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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