, 1875-10-23
THE PACIFIC COAST MIDAS.
A Poor Mining LRhUrcr Who Became
the t'cer uf tho l1i!lionu tres OF Cali.
forntst, nnh Sia< Il Larger lMcu1no

n p6Hf MINING EsAbOrCf " no EEtcHOG
thc t'cer uF tho l1t!lionutrcs OF Cali.
forntst, n..l Sia< II Larger lnco1up
t14n71 Any Other American.
Ntse Fur: SIN.
SAS TnAScisro, Oct, 9.-Ton yeard ago, John
Iackcy WAS working II mining lAborcr iu d
littlo exploring ehnft In Virginia City. Flo ewing
his picii vigorously, nul Tas paid IL .
day. To-day i.o haa larger inco,ne than any
other single individual in America, and IL his
wealth continues to accumulate as It bAs for tho
past tw1 yoars. his fuytnne Will riya! that of tho
r.clest hoLhschd. Mr. aackey IN thn head Of
the great mining tirm of Flood i D'Bricn. OF this
city, whoso gigantic operations aud grand aggre-
gAston OF capital recently Hwatnued thu BsnA Of
California, aud hurled Sharon. Ralston. nrti
hers OF tho firm a,a john Mackoy, Janes Z.
Flood, William, 4. O'Driont anu Col. Iatnes G.
Fair. Mr. Markov il tho financial head. Flood
and o '13ricn attend to TIM iuterpstH Of the firm
in California, aud Gol. Fair is working auperul-
tenuont OF the uineH in Virginia Citv. Tho latter
cmbFaee tho famouA CopP0lldatad Virginia, the
richest milo ever discovered i'll Novaua now
tuning out :i,b'0, ,10U n,ont, tho CaligsI'ir.
Halo and NotcroAs. best anil Ea!chor, Goui nnd
Curry, Sierra, Nevada, Mexican. a:1tl :inafly tho
{a1uultB savage. which III years gone by hns
turned out its millions. l'esidca, .anY own .
Ecnro Of synll lnircs, any QUO Of which ,nay at
ahy timo turn mp n bonanza.
Ot thc.entire business and prottH..of the ilrm,
lIr. 3iackoy has Il tlleo-tiGths intrrea.. Tho
firm onna CG.000 shuteh of Consolidated yir-
slnia etoek. on which thoy dc..'arn n,anthly
dividend Of e1n Allare. Mackoys ahare ot
thia IL ':39G.do0 month. Of atnck in tho
California l,iuo they own G0,nU pares.
Iho l.ss monthly d!lSdond Of $40 y
IL, t. BE- %' aIeIafqd a y ,j r. MoSomhoF .a sn
$3.50, QUO II month. Tho other mines that tho
firm control pay no dividends, but they ycla II
Inrge resonuo to Tho firm in wars more iul,v2ct.
For instance, tho iirm own all tho wood uaed III
thoir working, both for tuel and for t,mbering,
and they sell Il to tho Companies At au i'm.
mouse profit. The Savage Unto d. Norcruss
md Gould & Curry alt crush moro or less
orc. aud this III dono in tho FIRMS mila At
o cost OF elJ ton. The yield Of stIyor hoing
scarcely ouough to pay tllo cost Of both inipius
aud crushing. aseDHBnontB arc leTiad to makeup
tho deficiency. The tirm's incotno from this
source, aud from crushing tho Gro Of tho Con-
soitated Virginia, which il also done in their
which put Mr. Mackey down for *90. 600.
Add to THIS tho irrespective protlts Of tho Ne
vada BanE, which haa just oponed with Il
cash capital OF 81 100 uUO. Anh which Ia the ax-
figure out the income Of Mr.. Markoy. The
Eank Of California paid for yoars ~ per cent on
their 81, co., GOO capital. Tho profits OF tho now
bank caluos l'o lese htsanouuts to 70. 0ou, ,000.
nr H75. quo month, OF which! Mr. aackoys share
will be 900. To sum up them, Alackcy will
hayo for tue nsxt year from his mIn,uE and bull
lion intercHts alone tho colossal income Of $751;
600 month, or at tho rate OF nearly SlD, 0U0 0tN
q year. This does not iltcludo tho income Of
liH want wealth in rial estate. For tho past year
ho has boen making largo Investments Ia tho
worry heart OF tue city. Whole blocks OF tho
most valuable rosl ohtato II. San Francsco huvo
been purchased, and tho income from these
cannot well bc Estimated. but it must 10 enor-
mouH,
Dir. Mackoy liz tlle moHs retiring und modest OF
any of CAIfornin'h mllIionatres lie lives IN
Virginia, bit his family spend mort of their
t'fno in this city. uo dresses plainly, and might
more. Asrcaiy tho politicians Ut Nevada aro
moving to mako hin Sau2tor Jonea' aucccssor
| in Washington. II ho wants tho place, he cap
untouhtetly buv It for much icss money than
.onca paid. for Novada politicians aro poor and
hungry, aud VAL sall out cheap, .-.
nf Mackcy's partlerH, ]. G. Flood Ia tho most
important. With ODrieu. Flood uscti to keep a
.!ttlo erogscry III hanson1e street, in This city.
Lucy ttnl not cfose tho establishment until 1867.
10y made y SONS ,uoney as tLe husineas. snd sr.-
sehteu y With aluckey IN tho purchase Of tue
e,oand that ta part Of tbo Consolidated Viz
Etnsa 1ninc. Flood and O'Brfeu are Iriahneu.
lhey hra shrewd and sharp In business, geues-
u"a N taeir 'rtends. aud uurclenthg to their
.s,,,es' n,ne laey tuok up povefty-strckep uows.
inar"s na' ., man LAT anring, taas, who had douo
.ueu boliH lltta turn while in the whisky h,1si-
ten neso'-ahA N thtue Assh made linn worth S15,-
wy; IN no tshof haud. Sharon. and Kalaton,
aMa,,a, ana lnS .i iank of California. which had
onehaea them, they ctsihled out ii three
Weeas; and they moi,ll hare kent the bank
do"u out io1 lIaletous death aud tho uonular
outcry egalHht them. Fluol racsukIy GniIpht
~, "nitn of real estate. and said himself
ei.000, 600 laut OIL call Il. per co.,t n,on,I III
His wealth IL seconl cn!y 10 ,hat n Nrrtcx
To-. Fair ~ she on!y 1aan OF bock cdnrstiun ~,
tho tirnl. He Las long htnu t. u,niux suuorin.
tendent, knd il worth ~ AD9 luD. 4AfN''A'