St. Paul daily globe., 1889-10-20
HOW THEY sTeUCK OIL.

A. ii. Wilder. who is worth million,
got his start as trader on the frontier.
Now he owns county in Northern
Minnesota and is director of the Mer-
chants National bank.
A. b. Stickney made his wealth in the
Minnesota & Northwestern railroad,
and previous to the organization of that
| road secured financial footing by
scheming for floating bonds.
AnSel Oppenheim and Arnold Kalman
started i'll real estate and made half
million dollars. They are ShreWd IN
vestOrs and SpeculatOrS.
William Dawson, president OF the
! Bank of Minnesota, started small DaDk
years ago. He afterwards took Mayor
Smith and Albert Schetfer into partner
ship, and the business finally grew INTO
the great Bank of Minnesota. 1t is sald
tnat Mr. Dawson can now count MS
wealth at S2,0O0,000
| Henry Upham, president OF the First
National Bank, is worth half million.
He never speculated, but made money
by close figuring. He is a sound DuSl-
ness man and good counselor.
W. r. Merriam started as cashier or
the Merchants National Bank. He Is
now president of the bank, and worth at
least half a million.
Maurice AuerDach, reputed to be
worth a half million, was one OF the
pioneer frontier traders. He founded
the business now known as Finch, Van
Slyck 81 Co.
i. III. Kelly was an early trader and,
in company with his brother Anthony,
he used to run a small general store at
St. Anthony will ge. He built up
large and prosperous trade, and To-Day
finds him the owner of one OF the most
extensive jObbing houses in the North
west His relation with the Dig fOur, OF
Chicago, is not fully explained, but It is
believed that he gets pointers from that
source. Anything signed ~. II: L. III.
X; goes on the street in st. Paul, Chi
cagO or New York.
President Reed, of the Capital bank,
made his money i'll the lumber tfade:
He organized the capital bank eight
years ago.
EFF. Drake, worth a million and a
half, never made an investment that
didn't pay 10 per cent. He is man
that always unl0ads stock just in time
Mr.. Drake made his start out OF the OLD
Sioux City road.
Lindrke Brothers laid the foundation
of their fortunes out of the proceeds OF
| an early trading business. Ihey nave
also made ulS money out Ol Ithi V"t'e0'
George r. Finch's personal popularity
made his firm popular, and that ac-
counts for his success.
G. II. Bigel0w, president of the FIRE
and Marine Insurance company, male
his wealth by sharp tinancitring. Ihe
insurance company is well managed
and paying concern.
Capt. Peter BerkPy is now success
ful banker, but in the past no chance to
make d0llar ever escaped him-not
even contract for ten-fOOt sidewalk.
Henry Hale erects cheap buildings
and rents them at high rates. His pot-
sessions are i'll real estate. and are re-
puted to be worth half a million.
Hold Thompson is one of the good tel-
lows Made his money in zeal estate
and spends ii in travelling. He is great
sportsman.
Dennis Ryan struck it rich at mining.
He was formerly IL common laborer. but
now owns over million dollars worth
of real estate.
James j. Hill, supposed to be the
Wealthiest man in town, used to be a
d ok labortr. The aid of rich friends
and shrewd financiering made him
financial king.