The river press. [volume] (Fort Benton, Mont.) 1880-current, 1914-12-30
Profits of J. P. Morgan & Co.

TOHtS OF y. +. morgan q 70.
The present J.. P. Morgan. to whom
fell nearly all of his fathers property,
was naturally included in the list of
those put down as certain. 1t has been
reported that in some years the bust.
ness Of J. r. Morgan alone has yielded
a profit Of 81. 100000 each to the prin-
cipal partners.
Vincent AstOr's immense holdings of
revenue producing real estate in New
York put hin in the list without any
hesitation.
e. G. Converse Is a large stakeholder
in the United States Steel corporation
and was one of those who brought
about its formation.
james =. Duke Is another man re-
garded as surely in this class. He was
the leading spirit in the formation Of
the old tobacco trust. of which he was
president until it's dissolution. Mr..
Duke has since lived in England a
large part of the time. but remains an
American citizen, with a big estate
near Somerville. N. j. His tax may
have been paid in the district in which.
Somerville is located or in New York.
which Is his principal place of business
in the United States.
Thomas +. Ryan may have paid his
tax in Virginia. which he has usually
considered his place of residence. or
he may have paid it in New York.
where his chief business interests are.
In any event. there is little doubt that
he is in the 81. 100000 income class.
W. A.. Clark, Mrs. Sage and Others.
Ex-senator Clark of Montana. who
now makes his principal residence in
New York. has extensive and highly
profitable mining interests in Montana
II elsewhere, as well as lumber. rail
road and newspaper properties. Mrs.
Sage was practically the sole heir to
the Sage fortune. and. while she las
distributed much in charities. her pres
ent holdings are considered sufficient
to earn an income of ST 100000 or more.
Mrs. Hartman received the bulk OF
the Hartman estate. She is believed
to be surely in receipt Of $l.OOO.OOO net
income Il year.
Many others We're regarded as quit.
likely to be- in the same class. John ID.
ArchbOld succeeded John -. ROckefel-
Ter as the head of the Standard Oil and
had been associated with Mr.. Rookie
Teller for many years. His stock hold
ingS are understood to be very large.
George J. Gould is the head of the
Gould family, with important railroad
and other interests. developed from
those left by JAY Gould. George W.
Perkins was the chief agent in the
formation Of both the steel and the
harvester trust and for some years
was a partner in the firm of J. +. Nor
gan 4 Co. Daniel G. Reid is the chief
factor in the highly profitable Ameri-
can Can company. He has many bank
ing and railroad interests and organ
tied the Tobacco Products Corporation.
William S. Tod is Il large stock holder
in Northern Pacific and has other ex-
tensive interests.
Charles Steele is one of the older
partners of j. +. Morgan X Co.. a di-
rector of the Steel corporation and in.
NNiS"NN" ~ Il 'oiS ~ WI
railroads. Arthur Curtiss james is vice
president Of Phelps. Dodge X Co. with
large copper. railroad and banking in
terests. Mr.. Dodge has practically the
same interests as Mr.. James, DAME!
~Guggenheim is the head of the great
Guggcnheim interests in copper and
other metals. both mining and Smelt-
tn, ,,l .t,,l- h,lln, Il. ,,,,r,i I'm,
portant banks.
Hetty Green the Richest Woman.
Colonel Oliver II. Payne is a large
holder of oil and tobacco stocks. ia
cob II. Schitf is the head of Kuhn,
Loeb X Co, Hetty Green has long been
known as the richest woman in the
world"
AS for some others regarded rs likely
to be in the million Il year class: II. Z.
Dawson is Il member OF J. L. Morgan
4 Co. Judge Gary is the head of the
Steel corporation. Mr.. Schwab is pres
ident of the Bethlehem Steel company
and was the first president of the Steel
corporation and. before that. of the
Carnegie Steel company otto IL.
Kahn is Il partner in Kuhn. Loeb X Co,
Norman l. lteam is a director Of the
Steel corporation and has extensive
railroad and banking interests Levi
L. Morton is chairman OF the Guaranty
Trust company and has a large private
fortune aside from that connection,
". II. Vanderbilt is Il leading capitalist
in the railroad world August Belmont
is the head of Il big banking firm. John
ID. Ryan Is president of the .AmalGa
mated Copper company ana also has