Beaver County News | 1916-09-01 | Page 2 | Morgan Jr has $126,833,000

MORGAN JR. HAS $126,833,000 Doubles His Father's Wealth In Brit-ish Brit-ish Munition Orders and War Loans. New York. J. P. Morgan, from figures fig-ures learned by the appraisaf of his father's fa-ther's estate, has made as much money during the last two years as the old head of the house made during hit entire career. The elder Morgan's estate was appraised ap-praised last week at $73,149,000, of which $53,684,000 went to the present J. P. Morgan. Nearly all the amount made by the present Morgan was earned through munition orders and commissions od loans, the Morgan firm having received a commission of 2 per cent on all munitions muni-tions and supplies purchased by the British government.