Patrick E. Loftus Obituary (1953 - 2015)

Patrick E. Loftus (Pat), 62, died on December 10, 2015 in Falmouth, MA. A Funeral Mass will be offered in St. Mary's Abbey, Delbarton, 230 Mendham Road, Morristown, NJ on Saturday, December 19 at 10 am. Born in Norfolk, VA, Pat grew up in Mountainside and lived for many years in the Chatham/Summit area before moving to East Falmouth, MA 10 years ago. He graduated from St. Benedict's Prep in 1971 and from John Carroll University in 1975. Pat served as Captain in the US Marine Corps from 1975 to 1981 prior to starting a career on Wall Street. His entire career was spent on the floors of New York's commodities exchanges. First, as a futures and options clerk at EF Hutton and then with Wagner, Stott where he helped the company establish a booth on the newly created New York Futures Exchange (NYFE). He went on to start his own trading and brokerage business on the NYFE which he ran until he retired for health reasons in1998. While a member of the Exchange he served on various floor committees including the emergency preparedness committee which helped reopen the NYFE after the first World Trade Center bombing in 1993. A selfless volunteer in retirement, Pat served as the Assistant Treasurer of Grace Memorial Chapel in Menauhant, the summer community in which he lived. Pat also served on the Executive Board of the Falmouth Commodores of the Cape Cod Baseball League, where he was responsible for the team's broadcasting and media relations including an the internship program for college students interested in sports broadcasting careers. Preceded in death by his parents, Thomas P. Loftus and Jeanne Dory Loftus, Pat was the husband of Mary Diveny Loftus, the father of Jeanne Lavelle Loftus and the brother of Martin T. Loftus (and his wife, Ann), Gary R. Loftus (and his wife, Barbara), Kathaleen L. Mercer, Thomas P. Loftus (and his wife, Linda), Sean T. Loftus, Carol L. Pedersen, Lynn L. Elliott and Elizabeth L. Imperio (and her husband, Michael). He is also survived by his mother, Beth Loftus, and many nieces and nephews. In lieu of flowers, donations to the Falmouth Commodores, PO Box 808, Falmouth MA 02541 or to the Patient Fund of Mashpee Dialysis, PO Box 122, Mashpee, MA 02649 would be appreciated.