Show GATES TO BE BOUNCED I Head of American Steel and Wiro Company to Retire Now York April 19Thc Herald tomorrow to-morrow will say Wall street Is full of rumors to the effect that John W Gates Is to be deposed as the executive head of the American Steel and Wire company These stories which have been In circulation for some time assumed sumed tangible form yesterday when It was said that a syndicate headed by Andrew Carnegie Henry C Frlck and I the Sellgman Interests and the Moore Brothers ha obtained control of tho company and will put Mr Frlck In Mr Gatcss place Although this story met many denials de-nials and absolutely no confirmation It received much respectful consideration considera-tion and had more or less to do with the strength which steel and wire and other steel eLocks showed during the greater part of the day President John Lambert Is expected In Val street today and It Is said that during the next four and twenty hours there will be Important conferences from which Mr Gates will be exclud although he will be the topic discussed Chairman Gales was not at the office during the day It being said that he was at the Westchester County club |