Show J. J W. W GATES DATES GOING i flACK BACK TO NATURE Financier Returns to Simple Life After Spectacular Career RECENT LOSSES ARE HEAVY I Saves a Few Millions From FromI I Wreck for Rainy Day New York Yurt April 4 SO O. I After a 11 career that had hatI been marked by hy more mow spectacular up ups up nn mind and do downs ns that has ever e fallen allen to tho the lot of oC an any man In iii Wall ValL street John W. W v. v Gates has bias decided ed to tu return to the simple pimple lc life With him he takes kl his son son on Charles rles G. G Gates who in appearance and manner minner greatly resembles his distinguished distin father Their going oln marks tho time closing out of time tho great reLt broH brokerage raJ hou house of or Charles G G. G Gates Co which ha has been for or mor more than It H year ar the storm center of or the hottest t financial campaigns of ot the western world Tho Thu loss o of millions mil mu- lions lIon Wall lions Wall aJi street estimates the amount nt itt t not more than ten millions since millions since th tb beginning o of the present year 31 I Is believed to be the time chief son reason for the disappearance disappear disappear- ance o of John W. W Gates It must not be Imagined for or a moment that John W. W Gates Is broke Still to CO the time Good It Is believed he can easily count on t two 0 or three lit millions saved a from the time dl dis disaster dis- dis lu aster ter but hut that ahat I Is almost t broke brake In Wall Wail street treet Those who know him best and antI who ho ma may be sa safely tel taken at their word say a that tho the famous Camous plunger er Is still to the good and antI that this amount I Is invested In In tn gilt edge e securities That Gates Is loser Is 1 evidenced e by ly the fact that In the face o of a constantly eon falling failing allin market he has been a 0 consistent bull The great t page o of the brokerage e house of which he ht was the principal figure through all alJ the tho recent slump kept up UI b by the optimistic tone In their letters of or advice and It Il is cas easy to See sec that if the they followed them lucia themselves the they went sad sadly to the bad Charles G. G Gates to tonight tonight to to- nl night ht in reply to a R request for Cor an explanation nation of or tho ho reported Intention of his firm to dissolve c said fald Son Confirms ort Inasmuch as there have been Leen several newspaper reports to the tue effect tn my firm hn la is going goin r out o of business antI and numerous Inquiries have hun been received i from Crom ruin all parts of the United States regarding tho lie saute same a 1 I wish to state stall that the firm of or Charles G. G Gates A Co will be dissolved dis Wa- solved on omi or about June Junc I 1 Several of the time partners will continue In the commission cum coma mission lon business by 11 mal making tn new connections con con- but with whom I am not nut at lI liberty ert to state at this time LIme My 1 father Cather fath fath- er and antI I will retire from om active Wall Wallstreet Wallstreet street for a a. year or ni- niso so an and travel and give ghe more or less attention to our outside outside out out- side interests John V. W. Gates himself would not talk about aboul tho the matter mutter To the requests of newspaper Cr men for Interviews he lie sent back word from his apartment In the lie Wj toll Ul f i 1 W I r to lu Old Mil Man Inn s Over O time the telephone he sal said I have steadily refused to discuss thu the man many Cunn funny dreams which the thc newspapers have taken upon themselves to print about m my private business If H HI I should tr try to lien deny them all aU I would not have time timmie to attend to my own affairs which keep me nic pretty busy But Mr Mi Gates the time reporter asked how about the tile report of your having lost Jost tort forty millions o of dollars There was an audible le chuel chuckle le over O the tele dc- dc phone the they tIro drop off a cipher or two Mr lr Gates G. said Why Vh not make malec It Il four hundred mil mu- lion One Ono fJ figure ure would be about as reasonable as al the time other No O no I wont won't discuss the matter at nt a all It Is too sill silly If anybody prints an any more a acom as com coming In from coma me mc It iL w will 11 bo be a a. fake a Je and Mr tr Gates hung hunS up UI his telephone The belief In Wall aIl Wallstreet aU street Is that John W. W Gates Is tired He lie Is getting old oltI and antI his friends say a that he ime feels the need of ot- ota ofa a u Ion long I rest cst Ills Ibis Intention h Is us Isto to go 0 und antI take nice It ca easy w until th the market Is In imi n belter etter condition or ur until tho the feeling of the public grows more kind kindly toward Wall ull street |