The weekly herald. [volume] (Cleveland, Tenn.) 1876-1888, 1881-09-30
MANY MILL'ONAIRES.
Men Who Have More Money Than Thel
know MhnI 20 do Win.

H. Vanderbilt. He did not appear as {
heavy operator until after the death o
his father, the late Commodore Van
derbilt, who left his favored son S65,
100000. Since that time he has added
to his vast capital by iudicious invest
ments until nov he is credited with be
ing worth Sl2O,OOO,0OO. This is divided
rp in real estate, United States four pei
cent, bonds, Lake Shore, New Yorl
Central, Carada Southern, Michigan
Central, Chicago and Northwestern
stock. He is the heaviest individual
holder of government securities in the
wolld, his daily interest account from
this source alone amounting to nearly
$1,000. Jay Gould ranks next to Van
derbilt, his wealth being estimated a
S75, 900, ,000, which, with the exception
of S5000,00 in real estate, is all invested
in railroad and telegraph securities
The honor of being the third larges
possessor of wealth on Wall street j,
divided between several gentlemen who
touch their holdings by the millions
and who are variously estimated to bt
worth from $4,OOO,0O0 to $10,O0000O
Among these are James r. Keene, ID. o
Mills and Thomas Maitland. Wher
Mr.. Keene made his debut in Wal
street, few years ago. he was credited
with transferring from San Francisco tc
Wall street so, 100000. Since then hC
has met many severe reverses, but ha(
added to his store in other directions
and it is safe to say that he is worth q
least $4,000, 900 to-day. Mr.. Maitland
is believed to be possessed of SIS, 600, 600
A good story is told by him, showing
the caution he exercises in making in
vestments. As well as his total indiffer
ence to adding to his vast wealth. Re
Gently he was invited to take the initia
tive in improving the Long ISLAND
Railroad property. 1t was shown clearl,
to him that by building the new bridg'
from upper New York across BLACKWELL
Island to Long Island, and iudiciou
change in the time tables and running
arrangements, the investment of So, 600,
900 would make a handsome return
Mr.. Maitland examined the details o
the project closely, regarded it witt
favor, felt convinced of its assumed
success, when he turned toward hi
friend and said:
81 am getting along we'll in year
and want to avoid all the annoyanc,
possible"
"But this will add greatly to you
possessions" pressed his friend.
81 have all the money that want
sir, )" was the response. 81 have troabl
enough with that and / desire no more
| have no one lea G it to, and any addi
tional treasures would add to my in
conveniences, 1 am fully content witt
what l have, and 1 shall enter into N
more speculations."
The Seligmans also count their gain
by the millions, so divided up betweel
the brothers as to leave at least 1900,
900 to each. August Belmont is anothe
of the millionaires. He continues t.
manage the affairs in this city of tn
famous English banking firm of n. NJ
Rothschild 4 Sons, and is put down a
worth at least $2,O00,00O. George |
Seney, President of the metropolitan
Bank, is another man whose wealth j
unknown, but who is believed to b
worth between three and five millions
Cyrus w. Field has been very successfu
in his speculations, his cable, Wabasl
and elevated railway stocks and bond
having netted him q handsome profit
Mr. Field is set down as worth abou
81, 100000.
Wall street is full OF business mel
whose wealth varies from $5OO,0OO t.
81, 900, 900, most of whom live sumptu
ously and enjoy life to its fullest extent
but who are daily toiling for more an,
more gains. H.Victor Newcomb, Presi
dent of the United States Nationa
Bank, and formerly President OF tn
Louisville and Nashville Railroad Com
pany, is said to be worth $4,000, ,00C
His successor in the Presidency of tn
Louisville and Nashville road, Mr.. O. {
Baldwin, is estimated at between $2,
600, 900 and So. 100000. H, O. Fahne
stock, Vice-P President Of the First Ma
tional Bank, suffered heavy revers
when the firm of Jay Cooke & Co., o
which he was member, failed. MI
Fahnestock having met all his liabili
ties, is ranked as worth $1,000, 00C
Among other millionaires are ex.Surrc
gate Jenkins Van Schaick, +. B.Wallace
d. B. Hatch, Henry Olews, j. D. Ven
milye, Henry d. Willard and Nose
TAYLOR --Ne,D York Sun.
Pleas Harper, one OF the most sue
cessful colored planters in Georgia, ha
Just bought Q, 100 acres of land in Ogle
| a., ---i- r.. ana npn r. l.. =. j..