Beardstown, Illinois

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Beardstown
City
Country United States
State Illinois
County Cass
Elevation 443 ft (135 m)
Coordinates 40°0′44″N 90°25′43″W / 40.01222°N 90.42861°W / 40.01222; -90.42861
Area 3.62 sq mi (9 km2)
 - land 3.57 sq mi (9 km2)
 - water 0.06 sq mi (0 km2)
Population 6,123 (2010)
Density 1,692.1 / sq mi (653 / km2)
Timezone CST (UTC-6)
 - summer (DST) CDT (UTC-5)
Postal code 62618
Area code 217
Location of Beardstown within Illinois
Wikimedia Commons: Beardstown, Illinois

Beardstown is a city in Cass County, Illinois, United States. The population was 6,123 at the 2010 census. The public schools are in Beardstown Community Unit School District 15.

Geography[edit]

Beardstown is located at 40°0′44″N 90°25′43″W / 40.01222°N 90.42861°W / 40.01222; -90.42861 (40.012189, -90.428711).[1] Beardstown is located on the Illinois River.

According to the 2010 census, the city has a total area of 3.62 square miles (9.4 km2), of which 3.57 square miles (9.2 km2) (or 98.62%) is land and 0.06 square miles (0.16 km2) (or 1.66%) is water.[2]

Economy[edit]

Beardstown is located on the Illinois River, which plays an important role in the economy and history of the community, and is the site of two grain terminals where farm products are transferred to barges for transport. Hunting, fishing, and outdoor recreation along the river contribute to the local economy.

A large Cargill pork slaughterhouse is a major employer and has attracted a substantial immigrant population to Beardstown in recent years.[3]

Demographics[edit]

As of the census[4] of 2000, there were 5,766 people, 2,172 households, and 1,437 families residing in the city. The population density was 1,692.1 people per square mile (652.9/km²). There were 2,339 housing units at an average density of 686.4 per square mile (264.8/km²). The racial makeup of the city was 90.76% White, 0.87% African American, 0.23% Native American, 0.33% Asian, 0.05% Pacific Islander, 7.01% from other races, and 0.76% from two or more races. Hispanic or Latino of any race were 17.90% of the population.

There were 2,172 households out of which 32.5% had children under the age of 18 living with them, 49.1% were married couples living together, 11.8% had a female householder with no husband present, and 33.8% were non-families. 28.2% of all households were made up of individuals and 14.4% had someone living alone who was 65 years of age or older. The average household size was 2.59 and the average family size was 3.11.

In the city, the population was spread out with 26.1% under the age of 18, 9.8% from 18 to 24, 29.2% from 25 to 44, 19.4% from 45 to 64, and 15.5% who were 65 years of age or older. The median age was 34 years. For every 100 females there were 99.0 males. For every 100 females age 18 and over, there were 95.3 males.

The median income for a household in the city was $29,104, and the median income for a family was $31,951. Males had a median income of $25,481 versus $20,054 for females. The per capita income for the city was $13,777. About 17.0% of families and 19.8% of the population were below the poverty line, including 24.7% of those under age 18 and 8.1% of those age 65 or over.

History[edit]

Beardstown was first settled by a man named Thomas Beard in 1819. Beard erected a log cabin at the edge of the Illinois River, from which he traded with the local American Indians and ran a ferry. The town was laid out in 1827 and was incorporated as a city in 1896. During the Black Hawk War in 1832 it was a base of supplies for the Illinois troops.[5]

Thomas Beard's son was Edward "Red" Beard, a noted gambler and saloon keeper of the Old West who was killed in a gunfight in Kansas in 1873 by "Rowdy Joe" Lowe. Later he built a two-story brick building which was used for 85 years as a store and inn. This inn is alleged to have sheltered Abraham Lincoln on his visits to Beardstown, but that is legend and unconfirmed. The building was demolished and replaced by a post office. William Henry Herndon, Lincoln's Springfield law partner, claimed that Lincoln contracted syphilis from a prostitute in Beardstown,[6] an incident author Gore Vidal colorfully recounts in his historical novel Lincoln (1984).

The town is also the site of famous Lincoln/Douglas debate at the Beardstown Courthouse. There is a Lincoln Museum on the second floor of the courthouse along with many Native American relics.

The Beardstown Ladies[edit]

Main article: Beardstown Ladies

From 1984 to 1993, a group of 16 late-aged women were picking stocks in the Dow Jones and over the course of nine years were claiming returning of 23.4% on their stocks. Once they went public with the amazing returns, they gained national recognition for their success. The Beardstown Ladies, with an average age of 70 (1994), were asked to appear on The Donahue Show, CBS's Morning Show, NBC's The Today Show, and ABC's Good Morning America. For six straight years they were honored by the National Association of Investors Corp's "All-Star Investment Clubs". In 1993, they produced their first home video for investors called, The Beardstown Ladies: Cooking Up Profits on Wall Street. By 1994, they wrote their first book, The Beardstown Ladies' Common-Sense Investment Guide, which sold over 800,000 copies by 1998 and was a New York Times Best Seller. The Beardstown Ladies become a global phenomenon and TV stations from Germany, Brazil, and Japan were interviewing them and taping their monthly meetings in Beardstown. The seeds of scandal were planted in late 1998: a Chicago magazine noticed that the group's returns included the fees the women paid every month. Without them, the returns dwindled to just 9%, underperforming the Dow. An article in the Wall Street Journal led the ladies to hire an outside auditor, which proved they had indeed misstated their returns.[7] Time magazine jokingly stated that they should be jailed for fraud and misrepresentation. As of 2006, the Beardstown Ladies were still buying stocks. Their books can be bought from Amazon.com for mere pennies.[8]

Notable people[edit]

See also[edit]

References[edit]

Notes

  1. ^ "US Gazetteer files: 2010, 2000, and 1990". United States Census Bureau. 2011-02-12. Retrieved 2011-04-23. 
  2. ^ "Places: Illinois". 2010 Census Gazetteer Files. United States Census Bureau. Retrieved 2012-05-03. 
  3. ^ http://www.cargill.com/company/businesses/cargill-pork/locations/index.jsp
  4. ^ "American FactFinder". United States Census Bureau. Retrieved 2008-01-31. 
  5. ^  Chisholm, Hugh, ed. (1911). "Beardstown". Encyclopædia Britannica 3 (11th ed.). Cambridge University Press. 
  6. ^ Taylor, Richard S. (Summer 2000). "Telling Lincoln's Story". Journal of the Abraham Lincoln Association (University of Illinois Press) 21 (2): 60. ISSN 0898-4212. Retrieved 2010-04-21.  — citing Wilson, Douglas L. (1998). Honor's Voice: The Transformation of Abraham Lincoln. New York City: Alfred A. Knopf. pp. 127–29, 140. ISBN 978-0-375-70396-6. 
  7. ^ Gongloff, Mark (2006-05-01). "Where Are They Now: The Beardstown Ladies". Wall Street Journal. Retrieved 2007-09-09. 
  8. ^ For example, The Beardstown Ladies' Common-Sense Investment Guide.
  9. ^ Sorensen, Stan; Joseph Theroux (2007). "The Samoan Historical Calendar 1606-2007". Government of American Samoa. p. 180. Archived from the original on 27 May 2010. Retrieved 21 April 2010. 

"Baseball My Opinion " by Larry Rahn..LCCN # 2008909837...published 10/27/2008

Further reading

External links[edit]