HIGHLY PAYING OCCUPATIONS.
Some Golden Plums--What Electrical Experts Get--The Confidential
Man--Rapid Rise of an Advertising Agent--Editors in
Clover--Railroad Presidents Come High--A $25,000 Engineer--The
Paying Berths in Medicine--Some Astonishing Lawyers’ Fees--What
Vanderbilt Paid a Steamboat Man.
There are some positions in which enormous salaries are paid. They are,
of course, places where great responsibilities are incurred. Strange as
it may seem, however, occupations where thousands of human lives are
imperiled are not compensated at so high a rate as those where great
finances are at stake. Here are a few of the golden plums:
994. ELECTRICAL EXPERTS.--The use of electricity has so increased in the
last few years, and so many new uses have been found for it, that there
are to-day nearly fifty different departments of human labor where it is
employed, and naturally these have differentiated as many kinds of
electricians. A young man in a New York establishment says “I am in
receipt of a salary of $4,000 as superintendent of the dynamo building,
and recently I had an offer of $7,000 to go with a new company out
West.”
995. THE CONFIDENTIAL MAN.--Another man in New York began his career in
a store at wages of only $7 a week. He is now the firm’s confidential
man, who decides on all important purchases, and receives a salary of
$8,000 a year.
996. THE ADVERTISING AGENT.--The advertising agency is from a financial
standpoint the most important department in the make-up of a paper or
periodical. On one of our most popular magazines there is to-day a young
man hardly over thirty years of age who has advanced through the various
grades of work until he is now superintendent of the advertising
department, receiving a remuneration of $7,000 a year.
997. GREAT DAILY EDITORS.--Editors of leading departments in our great
dailies receive from $2,000 upward. Managing editors and
editors-in-chief receive many times that sum. One man in the New York
_Sun_ office has for his services a salary of $15,000, and besides this
does outside literary work to the amount of $5,000 yearly.
998. MEDICAL SPECIALISTS.--There is still “room at the top” of the
medical world. The largest harvests are reaped by those who devote
themselves to particular parts of the human framework, and at last are
able to set up as “consulting physicians.” One doctor, whose apartments
are crowded daily, informed the author of this work that he was treating
eleven hundred and fifty patients. The celebrated Dr. Loomis for some
time before his death made $50,000 a year.
999. LEGAL COUNSELORS.--What is true of medicine is equally so of the
law. Specialists in such branches as real estate, legacies, insurance,
etc., are in receipt of immense revenue. Celebrated bar-pleaders also
have grown rich. The names of Rufus and Joseph Choate, of Wm. Evarts
and Ben. Butler, are examples of men who have received single fees of
$10,000. One young lawyer says: “I began seven years ago and during this
period my earnings, with their investments, amount to $200,000.” Legal
talent is also liberally paid for by the great corporations, all of
which employ at a regular salary one or more attorneys.
1,000. CORPORATION PRESIDENTS.--Presidents of banks receive from $5,000
to $50,000; of insurance companies, there are at least three which pay
their presidents $50,000; of railroad presidents, one receives $100,000,
three receive $50,000, eight receives $20,000, and twelve $10,000.
* * * * *
In other occupations, deep-water divers are paid at the rate of $10 an
hour and fractions thereof; circus managers, $5,000 a year; and the
buying man of great mercantile firms about the same. Bank cashiers get
from $4,000 to $7,000; custom house officers from $3,000 to $7,000;
judges of city courts (New York), $6,000; lecturers from $10 to $200 per
night; preachers, from $20,000 in John Hall’s pulpit to a pitiful $300
in some country town; school principals from $1,500 to $3,000. Among
exceptional salaries may be mentioned that of a steamboat manager of the
Vanderbilt lines on the Mississippi, who once received $60,000 a year;
also the engineer of a large manufactory, who is paid $25,000. “Is not
that high?” inquired a visitor at the works. “He is cheap for us,” was
the reply, illustrating the truth that talent and skill are everywhere
and always in demand. The concern could not afford to lose him to rival
firms who wanted his services, and so found it cheaper to retain him
even at that high figure.
APPENDIX.
We subjoin a table showing the average salary or wages in one hundred of
the leading occupations. In most cases the figures have been compiled
from government reports, but where no reports could be obtained an
estimate has been made by taking the average receipts from certain
districts. In the latter instances, of course, the table cannot be
considered perfectly reliable; this is especially the case with the
professions of the lawyer, the doctor, and the clergyman. Still, as the
sections of the country taken may be considered as fairly representative
of the whole, the figures will probably be found not far amiss.
Some persons will be surprised to learn the average lawyer and physician
receive respectively only $1,210 and $1,053, but they should bear in
mind that while the pay in these professions is sometimes as high as
$25,000 and even $50,000 a year, a great number of beginners and
unsuccessful men are toiling--or not toiling--for a mere pittance. Were
it not for the ten per cent. of very successful men in these professions
who are making fortunes, the average receipts would be even smaller by
two or three hundred dollars than they appear in the table.
Other cases where the figures may not have as much value as could be
desired are under the headings which really comprise a group of
occupations instead of a single one, as that of the journalist and the
electrician; yet others where the general name is that of a genus
comprising many species, as that of the engineer; and still others where
there is a great difference in the value of the work performed, as in
the case of teachers and factory operatives. Again, in business
ventures, such as those of storekeepers, bankers, brokers, and others,
many have actually lost money, and this reduces immensely the average,
while among the so-called working classes, days of idleness, willing or
enforced, operate in the same way.
Yet, on the whole, if any one consults the table as a general guide to
the pecuniary rewards of the various trades and professions, he will
find that they have been placed in their relative financial standing. In
the occupations named, employees are generally meant, employers and
independent workers being printed in capitals.
AVERAGE PAY IN ONE HUNDRED OCCUPATIONS.
Engravers (wood), $1,684
SURGEONS, 1,616
THEATRICAL MANAGERS and
SHOWMEN, 1,605
BANKERS and BROKERS, 1,601
Electricians, 1,560
SALOON-KEEPERS, 1,475
Designers (textile), 1,383
Decorators (china and stone ware), 1,248
HOTEL-KEEPERS, 1,245
LAWYERS, 1,210
Architects, 1,206
Teachers (all kinds of schools), 1,153
DAIRYMEN, 1,152
MERCHANTS, 1,149
DENTISTS, 1,115
Engineers (all kinds), 1,092
Draughtsmen, 1,090
Furniture-Workers, 1,087
PHYSICIANS, 1,053
Dyers, 1,040
Furriers, 1,036
Engravers (metals), 1,014
Actors, 989
LIVERY-STABLE KEEPERS, 981
Journalists, 979
CLERGYMEN (house-rents not
included), 963
MEAT-DEALERS, 951
Painters (house), 936
GROCERS, 935
Gunsmiths, 930
RESTAURANT-KEEPERS, 924
Masons, bricklayers and plasterers, 919
Plumbers, 919
Electrotypers, 911
Hatters, 910
Musicians, 899
Miners, 892
Bookbinders, 884
Goldbeaters, 858
Watchmakers, 832
Door, sash, and blind-makers, 780
Glass-workers, 778
Boot and shoemakers, 773
Blacksmiths, 750
Carpenters, 750
FARMERS (including living), 749
Conductors and motormen, 728
Telegraphers, 720
Cooks, 720
ARTISTS, 713
PHOTOGRAPHERS, 702
Typewriters, 690
Cigarmakers, 676
Coopers, 675
Printers, 660
Millwrights, 650
Harness-makers, 648
Soapmakers, 646
Upholsterers, 642
Quarrymen, 635
Sawyers, 630
Tailors, 626
Locksmiths, 624
Machinists, 624
Press-feeders, 624
Firemen, 624
Sailmakers, 623
Coachmen, 620
Barbers, 619
Clerks, 608
Cutlers, 598
Moulders, 595
DRESSMAKERS, 593
Boiler-makers, 584
Cabinet-makers, 572
Tinsmiths, 571
Carriage-makers, 572
Draymen, 520
Butchers, 517
Soldiers, 514
AUTHORS, 502
Agents, 496
Millers, 495
Waiters, 494
Lumbermen and raftsmen, 482
Brewers, 480
Tanners, 468
Farm laborers (besides board), 456
Factory operatives, 450
Weavers, 450
Peddlers, 440
Bartenders, 425
HUNTERS, TRAPPERS, and
GUIDES, 416
Gardeners, 390
Laborers, 390
Sailors, 375
Confectioners, 347
Stevedores, 336
Nurses (besides board), 285
Hostlers (besides board), 180
Servants (besides board), 162
*/
THE END.
* * * * *
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[Illustration: text decorations]
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End of Project Gutenberg's One Thousand Ways To Make Money, by Page Fox