Biography of Philip D. Armour
Famous American Biographies





PHILIP D. ARMOUR, one of the most conspicuous figures in the mercantile history of America, was born May 16, 1832, on a farm at Stockhridge, Madison county, New York, and received his early education in the common schools of that county. He was apprenticed to a farmer and worked faithfully and well, being very ambitious and desiring to start out for himself. At the age of twenty he secured a release from his indentures and set out overland for the gold fields of California. After a great deal of hard work he accumulaied a little money and then came east and settled in Milwaukee, Wisconsin. He went into the grain receiving and warehouse business and was fairly successful, and later on be formed a partnership with John Plankinton in the pork packing line, the style of the firm being Plankinton & Armour. Mr. Armour made his first great "deal" in selling pork "short" on the New York market in the anticipation of the fall of the Confederacy; and Mr. Armour is said to have made through this deal a million dollars. He then established packing houses in Chicago and Kansas City, and in 1875 he removed to Chicago. He increased his business by adding to it the shipment of dressed beef to the European markets, and many other lines of trade and manufacturing, knd it rapidly assumed vast proportions, employing an army of men in different lines of the business. Mr. Armour successfully conducted a great many speculative deals in pork and grain of immense proportions and also erected many large warehouses for the storage of grain,. He became one of the representative business men of Chicago, where he became closely identified with all enterprises of a public nature, but his fame as a great business man extended to all parts of the world. He founded the ''Armour Institute" at Chicago and also contributed largely to benevolent and charitable institutions.


FROM:
A Biographical Record
Of Schuyler County, New York
The S. J. Clarke Publishing Company
New York and Chicago 1903.


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