The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-12-09

trNlstI chi I,is.tt., 81 '"iiti ~ W. ei'n
iGsl company vas T.. Dasid hostetsef
Who died not long ego. Like NestlEg-
house lie was Il Nefy rich man tsfoTS 1t
became q natural ras magrltc tc va.
torn IN Lancaster county, Pa, and IN
his early wears was q county school
teacher and then a medical student. But
when cold v~as struck az Pixies Peak IL
iGrr pEvii- 70 the do-5 ana started fcI
Colorado = seek il3 fortune lc didn't
hnd 4 and appointed, but ut dl-.
CcufaEsi hs tanned his face eastward
AGAIN. GA a., wdS le icil in with .
we'll - d piitsbmgcr namcd Smith.
who was so impressed with ihe young
mans apparent energy end shrowlnass
that b. agreed 10 back him in the mann
fracture of certain Kind Of bittcis
which Iiostciicr had compounded
They began business IN iiu5huIg
under tie ilrm name al iiortcttcr
* Smith and sLililul advertising won
their biiioI5 a sale The world over. Boib
made millions. and when Smith died,
some years ago, liostcttcr bought his In
tcrcst in the firm and continued The buei.
nes alone. His other Investments were
carefully made and uniformly successful,
and IN 1851 lis wealth was placed at
$ coo coo. At that time he organized
the Penn Fuel company. Of whose 500
shares he owned all but five and entered
the "a, business. The investment was 0
paving one from the start. and II Is safe
to say that the profits Of The Penn dur.
ing the four years OF its existence. added
to the price paid for II 10y the Philadel-
phia. more than doubled his immense
fortune A portion Of The $1,000, 1000 ex-
pended by the Westinghouse interests IN
lhr purchase Of its rival was paid 10 Sc
cure from Dr. H07tCitcr written proil.
iso that a. would never engage ia the
gas business again.
But magnificent as has been the D..
mfns of those already mentioned. tie
title of natural gas king belongs pre-
emincnily 10 the two HuileF brothers,
james and Wesley. They hail from
Wesimor,land county and for many
years were engaged in the oil buSne~s.
They ranked among The veterans. bat
their NAMES were not "a hc found among
the fortunate few who had wre,trd com
Portable bank accounts from the golden
hnid. Indeed. IL s. SAFE 60 say that when
Pew and Emerson began operations az
sfIfay~yiile the Guiic,- bad not 500
between them They had. however
what was worth great deal more than
money. pluck. shIcwdness aud twenty
wears If experience In the lns and onts
ihe UPS and downs of the oil country.
Bv line Of reasoning peculiar 10 old oil
operators they made np their mind that
Washington county, just across the
line from riNsDurg, was undeIlaid
with the new fuel which was
putting So much money into the pockets
# Pew and Emerson and the rest. One
morning they turned up among the
Washington county farmers and quietly
began % lease their farms for oil and gao
As the possible existence Of the two
articles in the county was thing before
unhoard OF, thev had la diiiicdlly ia
making plenty IT leases with 40 bonus
attached la six months they had .uu.l1O
acres under lease. Then they $50 down
aud waited developments. III a -Apt
lime some oI the business men in the
town u Washington. fired hy the. eX
ample u Pittsburg, began drilling test
well. The result was the famous Ne
Giugen well, ,he plmcc ~ roafels. ana
those who had been vainlv striving 20 go
cJniIoi cd t-IIitOiy ia the Murray ssillr
nCld ~ once turned their attention o.
Washington county. But ths Dunry.
had The cream 81 thc neW belt unl-r,ol
mol and could dictate their OwA terms
Capital in abundance Ta5 promptly
forthcoming the Manufacturers Natural
Ga5 company. With the Guiicys as The
heaviest stockholders. was organized
uipe lm.s WcrC laid T. Iitisbugy and
Allegheny and long tenn supply con-
tracts with leading iron and steel manu-
tac.ufeTs. which yielded thc company
anct income Of over $4,000 q year,
were secured Not contented with this
remarkable success the GuiIcy5 next
turned their attcnti0n 10 Wheeling,
thirty miles to the west OF their gas
lands. organized the West Virginia Sat
ural Gas company and secured the tx
elusive entrance into The city. laid thclT
pipe lines in thirteen weeks and are now
s1ppls inc the Nail city and it, tributary
towns As the result # their live years
work they enjoy Joint income OF $500
600. ere 1t Tie head IT Two 81 the largest
companies in the business and control
hundreds Of thousands Of acres Of gas
lands in Pennsylvania, West Virginia,
Ohio and Indiana.
These are only the most striking ex-
amples Of the money that has been made
in the natural gas business The new
fuel is now used in all the leading towns
Of western Pennsylvania; il has turned
the heretofore sleepy cities OF the Buck
eve state into booming manufacturing
centers. while the liOosiUs have found
ana are using it. IL las revoiutionized
the iron and steel business and dealt
serious blow to the coal and coke indus.
tries. Two hundred companies, with a
capital stock Of over 500, 100000, are en-
gagged in its production, transportation
ana sale, while over 800 devices have
been patented to render It's use harmless,
healthful and inexpensive. More money
has been made from il in five years than
has been made from oil ia ten. SmaJts
CT ths remarkable, does it not:
RUFUS X. WILSON.