The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-08-17
UnIiioFniA's RIeh meu,

,baut three years ago the yearly in
anna of senator Jones from his silver
m.os, In Nevada WIS estimated at o.
Gonu But some time ugo lie oeas d
,b.R very rich man, and we prrsum,
.iay hr docs not consider hlWselt to
rg. more than moderate fortune j.
N Natkry draws out OF his s,Sor
m.r., iu Nevada nyenrly income of
s.TUUUl. and b. the richest under tap
.n which sounds the more marvellous
,D,n wr learn that thirty years ago ue
m,n Ireland % penuiless boy, twenty
,,,.ueo speculative salesman travel
I'm, through the United States of
america. and sixteen years ago bank.
rarr devoid If everything But bee il
rIlbr Mr. Mackoy is hardly forty.
Gyo,ear- of age, aud owner of three
rrblhs of the Great Bonanza the rcl.
q.r silver mine that ever was run.
Nodoubt the richest mining firm In
b,vorId il that OF Flood aud o BrIen.
Nackey and Fair Their interest in
wo bonanza mines at the present de-,
messed prices, cannot be less than S2}.
100000 They own the Bank Of NJ.
wdn. with paid up capital Of $1,000,
900 aud reserve fund of S2000OD0
They are reputed to own 500 600 600 in
United States bonds Their real estate
and other property in sight cannot be
worth less than $1,000 OO0 Besides
these luyestments, they own control.
inr interest in several other mines,
some Of which, like the Best a Belcher
are believed TO be on the line OF rich
deposits aud may ut some future day
be classed in the list Of bonanza !
mines Add these items together and |
wr have total of $6OOOO0OO which is |
An under estimate of their wealth but |
how much 50 we cannot say The an.
nual income on this property is not less
than $50 600, 900. 1t would not sur.
prise us. however, if satisfactory proof
were offered, that the entire assets of
these four men would foot up $780,
OUOOOO
Next in order we should estimate
the wealth Of the four principal owners
of the Central Pacific railroad and the
other connecting roads of California
Stanford, huntington, Crocker and
Hopkins These men are the largest
owners Of railroad property in the
world We suppose that these four
men have clear margin Of rising $50
100000 Besides railroad property they
own great deal of land, town sites, al,
tern0te sections country seats, city real
estate and so ON, 1t lisa low estimate
to say that they are worth twelve and
q half millions apiece, Prospectiyely,
they are worth vastly more 1t may,
indeed, turn out, with their nearly
8 0OOmiles of railroad and their large
amount of real estate, that six or seven
years heLCe, they may be, il not now, :
he richest men in California, or in the
United States, d
The number of men who are million /
,ires in California was never so great rs L
low. None of them were rich twenty !
ears ago, and very few had fortunes
wen ten years ago. Quite large nuns
yer Of those who had large fortunes five \
If six years ago do not figure in the list
Il millionaires The ups and downs of
mining interests have made the prInci>
al difference.
4 considerable number, also, who >
'erenot rich five or six years ago, have Z
ugo fortunes to>day. Financial ruin =.
, this state only means that men in 81
re hazards of business have lost, with ST
ne strong probability that they will
,ore than make their losses good in
le future. fit is u land of ups and
owns" there never was Il country NJ
here men got up so soon The men a,
hose fortunes have been enumerated
e only middle-aged. 1t is more than q q
robable that some of these or their
aus will be the richest meu in the
nrll