St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-10-20
HOW THEY sTeUCK OIL.

A. I'll. Wilder. who is worth a million,
got his start as trader on the frontier.
Now he owns county in Northern
I Minnesota and is a director of the Mer-
chants National bank.
I A. b. Stickney made his wealth in the
Minnesota d. Northwestern railroad,
and previous to the organization OF that
road secured financial footing by
scheming for floating bonds.
I Ansel Oppenheim and Arnold Kalman
started in real estate and made half
million dollars. They are shrewd in
veStOrs and spectators.
William Dawson, president OF the
Bank of Minnesota, started a small oaDk
years ago. He afterwards took Mayor
Smith aud Albert Schetfer into partner
ship, and the business finally grew into
the great Bank of Minnesota. 1t is SAID.
that MIR. Dawson can now count his
wealth at S3,OOO,0OO.
/, Henry Upham, president of the First
National Bank, is worth half million.
He never specialized, but made money
by close figuring. He is a sound buSl-
hess 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 IL Co.
L. Ii. Kelly was an early trader and,
in company with his brother Anthony,
he used to run a small general store at
st. Anthony will ige. He built up a
large and prosperous trade, and to-day
Of nf
extensive jobbing houses in the North
west. His relation with the big four, of
Chicago. is not fully explained, but 1t is
believed that he gets pointers from that
source. Anything signed ~. K: I. n.
K.'' goes on the street i'll st. Paul. CHI
cago or New York.
President Reed, of the Capital bank,
made his money i'll the lumber tfaue.
He organized the capital bank eight
years ago.
EFF. Drake, worth a million and a
half, never made an investment that
d:dn't pay 10 per cent. He is a man
that always unl0ads stock just III time:
Mr.. Drake made his start out OF the Old
Sioux City road.
Lindtke Brothers laid the foundation
of their fortunes out of the proceeds or
an early trading business. They nave
also 1ldu6 UlS HlOHcN OUT vi iCa' N'I"eN'
George r. Finch's personal popularity
made his firm popular, and that ac-
counts for his success.
C. II. Bigelow, president of the Fire
and Marine Insurance company, male
his wealth by sharp financiering. The
insurance company is well managed
and paying concern.
Capt. Peter Berkey is now success
full banker, but in the past no chance to
make a dOlldr ever escaped hinl-not
even contract for ten-foot sidewalk.
Henry Hale erectS cheap buildings
and rents them at high rates. His POI
sessions are in real estate. and are re-
puted to be worth half a million.
Hold Thompson is one of the good fell
lows. Made his money in zeal estate
and spends it in travelling. He is great
sportsman.
Dennis Ryan struck it rich at mining.
He was formerly common laborer. but
now owns over million dollars worth
of real estate.
James j. Hill, supposed to be. the
wealthest man in town, used to be a
d ok laborrr. The aid of rich friends
and shrewd financiering made him
financial king.