The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-06-01

and recently constructed the great steam
ships St. Louis and ST. Paul.
1t Is represented in the directory Of the
Pennsylvania Railroad company by two
members out Of o total Of Is In the board
"a rather good percentage
II is closely identified with the Standard
Oil company, William g. Warden, its &C.
tive representative 6yingoulv few weeks
ago, and his son-iE-law, samuel Z. Boz
dine, succeeding TO his interests
1t has expended 81. Geo. 600 in real estate
improvements IN Philadelphia as q syndi-
cate.
The above include the big things IN
which these men are interested and which
they have helped 10 develop. In addition
they are interested through Chris l. Ma
gee of Pittsburg rs individuals in couple
of ranches in one Of the Dakotas; in the
Little Wood river (Idaho) and in the Yu-
kon river, in Alaska. gold mining proper.
ties; in $500, 900 iron foundry in Phila-
delphia; in g 500. 0oo iron furnace at Lew
istown, Pa last, but not least, and IL will
be some years before it develops, in q real
estate scheme of great dimensions in and
around Washington.
To show the vastness of the enterprises In
which the Widener- Elkins syndicate is in
will be sufficient. First is taken the street
railway operations. Tie syndicate con-
trols all the lines or systems. While IN
many instances it has not guaranteed the
bonded Indebtedness, vet il has leased the
roads and of course assumes all the debts.
/ The corporations under its control are:
Capital stock,
bonds and
debts
North Chicago and leased lines...... slo,sl2 0oC
| West Chicago and leased lines 1900, OC
| Metropolitan Traction, New York
| city, including Broadway and Sew
enth avenue, Twenty-third. Forty
second street, etc, nnes-........ l.90o, 0Q
| Consolidated Traction company Of
| New Jersey, including Jersey City,
Newark, Bergen. Elizabeth lines,
etc. 1osalusUN
! Philsdelphia Traction company. in
GLIDING Continental, Union, West
| Philadelphia, Chestnut and Walnut
street lines, etc. 2o,aS, SOC
Pittsburg Traction company, IN
! Guiding Duquesne Traction and
! other leased lines. 800 ,oC
leased lines. I0,ao. OO0
! Belt Railway company, Washington $4,000
lexington and Soldiers Home Rail
way company, Washington ..... 81, 600
Total slooS -,o's0
Another Of the most lucrative invest
/ ments of the syndicate is its gas and cleo
/ trical business The United Gas Improve
ment company of Philadelphia is the par
/ ent concern. IL started with a capital OF
/ 81, 900, O00 has grown to $40, 900, 600. with
] 81 900. 900 bond or mortgage in addition.
J In its Office was born the great Chicago
1 Gas corporation. The L. G. /. does not
control Chicago Gas now, but its members
and friends are heavy holders; therefore 1t
should be counted in. The gas and cleo
| trlcal capital controlled by the Widener-
/ Eikins syndicate follows:
Capital stock.
bonds or
! mortgages.
United Gas Improvement company,
! Philadelphia ACKNOWLEDGEMENTS. sll.",Ug
/ Chicago Gas company capital stock. ., 600, 0oC
Bonded indebtedness .............. "a, SAG, 01l
! Welsback Incandescent Light COM
| pany of New Jersey ,W
Electric Storage Battery company
Of Philadelphia. ...........-......-. 5,OO.Ul
1t can be stated truthfully that the real
value of these properties Is far beyond what
the capitalization or Indebtedness shows
Chicago Tribune.