Salt Lake Telegram | 1932-04-12 | Page 10 | Sports Leader, Capitalist Dies

SPORTS LEADER CAPITALIST DIES CHICAGO April 12 The P F The colorful colorful colorful color color- ful Joseph Leiter is dead de and the spheres of sports business and finance fi fi- Ii nance liance have lost a a leader Leiter multimillionaire and capitalist son of Levi the merchant prince and partner of the first Marshall Field died yesterday at atthe atthe atthe the age of 63 Complications that set el in with pneumonia pneumonia monia after he was pronounced on the way to recovery from serious heart trouble caused his death BURIAL Ir- Ir IN W WASHINGTON AS INGTON Funeral services were set for this afternoon in the fashionable Near North Side St. St Chrysostom's church and the body will be sent to Washington Washing Washing- ton for tor burial in the Leiter family plot there ther after last r rites tes in fin St. St Johns John's cathedral Of or massive figure and fierce countenance coun coun- I n e. e Leiter was a familiar figure at nearly er e every race track of at the na nation nation na- na n I tion and equally equall well known in the halls of oC business and finance His first spectacular venture in business came in 1898 and made him hima a national figure He tried to corner the thc wheat market and failed That failure cost his father ather Despite the fiasco the elder Leiter Loiter at al death had sufficient faith in the sons son's business acumen to make him custodian of ot his vast es es- es tate In years that followed Joseph Leiters Leiler's Lei Lei- ler's lers s name blazed zed frequently in newspaper newspaper newspaper news news- paper headlines He caught public fancy and held it with his tireless activities activities ac ac- ac as breeder of oC race horses and promoter of oC races as big game hunter grain trader frader and railroad and utility operator His income at death was estimated at a year ear