Fredric Elias Warburg
Fredric Elias Warburg (1832-1899)
1899 Obituary [1]
FREDRIC ELIAS WARBURG died on February 9, 1899.
He was born in Gothenburg, Sweden, on June 18, 1832. To him in a great measure is due the development and success of the Grangesberg iron mines, on the output of which the German blast-furnaces are largely dependent at the present day. He was a director of the Swedish Central Railway, one of the three lines for transporting the Grangesberg ore to the coast, and brought this Company from a state of bankruptcy to one of affluence, besides taking a leading part in the reorganisation of several other Swedish railways.
He formerly held a considerable interest in the Darwen & Mostyn Iron Company, and his co-operation had more than once been sought on the Board of one of the largest West Coal Steelworks.
Besides being a director of several prosperous manufacturing concerns in Sweden, Germany, and Russia, he was director of the Electric Traction Company, now building the electric underground line for the Central Railway Company. Possessed of a world-wide experience, especially in commercial and financial matters, his advice was sought and followed on every side.
He was elected a member of the Iron and Steel Institute in 1890.