Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1897-07-09

| oohh ~ NoShSiSiici ciCCpe
eight and a half hours every
night, retiring at 1890 and rising
at 7. Every morning when he
gets up he is $l7,7O5 richer than
he was when he went to bed. he
sits down to breakfast at 8 O'Clock
and leaves the table at $50, aud
in that short time his wealth has
grown S1O4l.50. On Sunday be
goes to church, and in the two
hours he is away from home his
riches have grown $4l66. His
nightly amusement is playing the
violin. Every evening when he
picks up the instrument be is
| $4,000 richer than when he laid
it down the previous night.
These little facts give some idea
of the relentless growth of this
mans fortune, writes New York
| correspondent of the st. Paul
Globe.
The average great millionaire is
content if his wealth is SO invest
ed that it will bring in 4 per cent.
Many are content with 3 per cent.
but the Rockefeller riches earn
| more than 7 per cent.
Just how Mr.. Rockefeller's for
tune jun ped S20,000,000 in three
months is easily explained. He
owns 100000 shares of the Stand
ard Oil Company, or trifie more
than one half of the total capital.
ization. The par value of these
is S50,000,O00. In February last
the certificates were sold at $3.50.
At this figure his holdings were
worth Sl30,000,000. Today, at
$500, they are worth Sl5O,O00,000.
Last August Standard Oil certiti-
Gates were sold at $3.50. At this
figure his holdings we're worth
S95, 100000, or S55,0O0,OO0 less
than they are today.
Jay Gould achieved worldwide
fame as a money-maker. When
he died he left S72,OO0,000, and
the world stood aghast at the
wonderful achievements of the
man-S72, 100000 in forty year +,
almost 100000 a year!
But here is man whose wealth
has grown at the rate of $6,000,-
600 a month, and the outside
world scarcely dreams of it;
man who earned his first quarter
of a dollar hoeing potato 81 on
Tioga County farm, in the upper
part OF this State; man who, 35
years old, did not have $1,000 to
his name.
Some people say that money is
not made as easily or as rapidly
nowadays as it used to be. This
may be true as far as the general
ty of money-makers is concerned,
but the chosen few, of which
Rockefeller is the premier, are
piling up riches today faster than
ever. Where in the history of the
world did any man ever make
500, 100000 in nine months? The
luck of the bonanza kings of early
California days dwindlss to pigmy
proportions compared with 1t.
Nothing like it was ever heard of
among the diamond mine princes
of South Africa. Wall street or
| Lombard street furnishes no
parallel. The histories of the
| hnanciers of Europe or of the
poteutates of the East could be
ransacked without unearthing it's
duplicate.
Rockefeller's wealth is not all
locked up in the Standard Oil
Company. He has nearly solid
Sl00,O00,000 invested In many en-
terprises of vast magnitude. In
real estate he has tied up $l5,0OO,-
900; in steamship lines, ~, 900, 600;
in iron mines, SIS, 100000; in rail-
road stocks and bonds, S25, 900, 900;
in bank stock, S8,O00,0OO; in nat
ural gas stock, 100000; in man
ufactured gas stock, So, OOO,0OO in
mines in Western States, S5,OOO,-
600; in Government bonds and
miscellaneous securities, $4,000,
600, and in cash about 100000.
All the figures just given are ap
| proximate, as the securities are
constantly fiuctuating, and the in
cessant flow of iucome necessitates
new investments. A total estimate,
however, of s244,000,000 con be
regarded AZ conservative. His
fortune may be greater by So
100000, but il is hardly less than