The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-07-22
WON FIVE FORTUNES.
Ups and Downs of New York Man,
Who Is Starting Over Again.
(New York Ereni,

New York Evening World.)
Peter H. CarYille of New York, aged 81
years, has won and lost five fortunes, the
smallestpf which was $4,000
In the. year in which he was 10 years
old he made s125,O0O. He lost il the next
year. When he was p he was amassing
another fortune Now at 81 he is starting
in again with all the frugali.y and energy
ne exhibited at 20 to make another for
tune. He told the story TO a reporter.
In 1865 he started out to buy lumber He
had no money. He bought suit of clothes
and could write a good hand What was
better, he could talk. That winter he
went up the river and bonded all the best
timber on both sides of the stream. He
cOuld hardly pay for the paper that the
writings were on, but he did not tell the
farmers that He promised them good
money for the timber in two years.
Late in the winter he went back to Far
rlngton and opened communications with
New York financiers. The next May he
unIoaded the ''Stumpage" at a profit of
$l2oOOO to himself and the farmers got
every cent that they expected
Al 20 years of age he came to New York
ana bought dry goods. He had a desire
10 become merchant prince He spent
nearly all he had in a great stock of
cloths which he was taking to Columbus
mat was just after the war He did not
know that prices were going down. Be
tore he could open his goods in Ohio the
Stufrs that he paid IS cents yard for In
New York were not worth cents 1t
cleaned him out He paid 100 cents, and
on oct 10, 1867, walked out of Columbus
win nothing but his clothes on his back
he went TO Kansas. For a year he
worked on farm. His employer made
him a foreman.
and they died like flies. He washed a dv-
ing sheep in lime water and the next
morning II was all right. He had no
money, but he told his employer he could
save the sheep They rugged big bath
and tllled 1t with lime and water Then
Whlle one man superintendent the wash
ing, the other went out and bought the
teVer-stricken sheep from the adjoining
farmers. They got them for almost moth
in.
When at last cold weather came on they
were almost the only owners of live sheen
In Kansas. And CarYille was a rich man
again.
The summer that he was o he bought
a lumber mill in California The day that
he bought it it burned TO the ground He
rode home and found the ashes. Without
stopping he rode back to San Francisco
and on the same night sold half his in
tereSt to the richest man in the place
Then he went quietly back. He wrote to
his purchaser asking for $4,000 TO pay for
half of the cost of rebuilding it. He got
the money and rebuilt the mill for SAC. 900
Inat year there was a great building
boom in San Francisco and he made an
otner fortune. His partner was we'll sat
ished with the profits
Two years after CarviIle was a moor
man again
He had tried ranching and lost it all
Ihen ne went to southern California and
business He did we'll He married the
daughter of rich New Yorker
year after he was running a DEPART
M store in Minneapolis His father-in-
. Jaw became involved in business troubles
ana Carville backed him A month after
Doth were penniless. Carville and his
WiIe went out to little place called
Glencoe MINI, and hired out on a farm.
she c IN fhe Kitchen and he in the field.
CarVille invented an improvement on a
reaper Inat summer and sold il for 81 900
70 . Wen known firm of farm implement
makers makers with the money he and his wife
opened restaurant at Madison Wis
The next summer his wifes father tele-
graphed MIN to buy pork He did. That
Tan ne was a rich man again and moved
His keen head for business led him to
Philadelphia. where he went into the real
estate business. His wife's death was
the hrst blow. After that his fortune
Alone. penniless. past middle life, The
word looked black. He came to New
1oIh ana looked around He had not 4
eeni wnen he arrived, He saw an oppor-
AAuuSl Al ne ndu out Sl-Net
70 make the start He is a good book
kee9er He went TO the office of an old
nrm IN New York ard told them he
was out of work and wanted to keep
books He would work cheap. Yes, they
mad place. but he must furnish recon-
negotiations The firm was one that he
mad done business for in the west.
he sat and wrote:
The bearer of this letter is a man of
honesty, and Is capable of doing any kind
Of clerical work
PETER II. CARVILLE."
rake that in 10 your president sir"
Inc mead clerk took il and disappeared.
A minute aHer the president of the COM
pany came out and grasped Carville by
the hand They put him at work at SIS
? week. and he sought a cheap boarding
house.
lie pays 81 . a week for his room and
gets his breakfast for 10 cents. his lunch
for 10 cents and dinner for 90 He is drop
ping his money in the bank every Satur-
day night.
lie is getting good-sized account there
tor a oookkeeper. and every night he sits
at his table with a pencil and sheet of
wrapping paper and figures and calculates
TIL late into the nigh..