The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1911-08-09
J. W. GATES
PASSES AWAY.
AMERICAN MILLIONAIRE DIES
OVER IN PARIS WEDNESDAY.
Was Bold Financier and Had Wide
Interests in the Country.

PARIS. Aug. John Gates the
American fnancier. died al ia TINS
morning in the arms OF his wife and
his son, Charles G.. Gates.
The end was peaceful. and II seemed
as though he was falling asl.ep
The usual rcstoratives failed in tho
last crisis.
Others present AZ the bedside he
sides the members of the family We're
Doctors Gros and Reeves.
The death Of John Warnc Gates in
faTis today removes in his prime one
or the boldest and most successful
american hnanciers and "A picturesque
AEure IN the field OF sport Since lNSn
when he organized the Southern Wire
company, Mr. Gates had been a man
win whom IL was necessary TO reckon
IN the particular industrial affairs 10
"i''ch he had given his attention. In
recent years he found relaxation from
business care I'm becoming "a prouiu-
ent patron OF the American turf.
hr Gates began bis business career
as proprietor OF a hardware store a.
Turner Junction. Illinois. near th.
farm where he was born in lS55. Ills
parents were Ascl y. and Mary Gates
AZ st Charles. Ill.,. in 1874. he mar.
ried Dollora II. Baker. who. with their
son. Charles G. Gates. survive.
Big Wire Interests.
FROM hardware merchant Mr.
Gates became Interested in I.rb.I
wire. FIRST as salesman and later l-
manufacturer at ST. Louis Follow.
INK The southern Wire company. h.
organized the Braddock ,PaI Wire
company. which in l>s2 hc combined
with other wire concerns as fla Con.
sOlidatcd Steel and Wire company
Six years later this was sold to tho
i Federal Steel COMPANY Iu f,s. u.
Organized th" American steel and
Wire company. now % subsdar, of
the United States Steel corporation.
Primarily interested in steel and
later boo oil. the tuauoirr was ALSO .I,u-
uhcd with many large operations Of
railway and industrial stock 90. ua-
known as shr'wd -pccu'arr Boo Wall
street through many venture. notably
the coup boy which ho obtained control
|of The LOuisviIl" q Nashville road
lie was director of tho Baltimore
& ohio Railroad. Western MARYLAND
. Railway. Tennessee Coal. Iron o. Ha.l
road Company. American Salt Compa.
t ny. Republic Iron a. steel Compauy.
~ Sew Jersey. and other concerns
Tho Wall street house of Charles o.
/ Cato q Company. of which tho SON
: WIS the ostcnsiblo head. dId great
business for some time preceding the
| banking trouble. OF fHus ln common
/ with many other frInc.ers. Mr. Gates
suffered some rctsI.ra and soon li
tcwnrd retired from fhr market auI
the firm was dissolved
last Public Appearance.
Tho last public appearance of SIR
Gates was ir connection with tho ef.ni
trust irto-tiration iu va .huetnu. fr
the sprlng when Do" rlsa graphic
description Of the formation OF f..
United States steel Corporation r.
for" fhc corporation $50. orearl,af. Doc
told OBJ" Stanley committee. tIcro IlI
been "r"nti'm'u's arrpsmrrf-. i..
tween the vtri0us steel concerns. buf
, Andy lm"sning Andrew tlrr,...t
would always k'rk them ot,r-
lio told also how 10 a. Tr,t and il
li Moorc had paid Nr Carnorc SO.
n"'.Dnn fpr an option ou ffr rlrrr.ia
plant. and hon. whom the. r.ar fiI.eI
Carnegie bad kept the fI.lrun.u Do
was This testimony that Icd ur Car
ucg.o. whp vaa in Europe. fo slv .o-ra
sharp things about "tlIe mlu Ytfr..
Yates" being SIR Carue.i.e c9r.frYc.
zion of tlo hnancirrs uHme
in puNfi,- SIR Gate. $500. 70 E.rrIr
'Hn Irf was a colonel on u.. stain
OF Governor Tanner. of Uurn.. 100 ls..
1000 ll" was 90 m1n OF rre1f errree
fhrrNd and rospurceful. bard frhf.r
and good loser. and ou. ehrsr vuI.
infn"ss io take 70 chance on an. rrl
fDn1h'" proposition r1tr hm uidc
popularity Boo fh" realms of finance and
sports