The New York herald., 1872-12-22
JAY GOULD AND ERIE.
The Final Settlement by Jay Gould or
the Claims Of the Eric Railroad.

The Final Settlement by Jay Gould or
the Claims Of the Eric Railroad.
The late Erie sensation Is still the topic of con-
versatiOn on the street, and Is Is generally con-
ceded that Jay Gould has, in this instance, made
coup by far surprising any of the financial sue
cesses which have made his name famous in Wall
street. He Is said to hold some two hundred and
thirty thousand shares Of Erie stock. which cost
him on the average about SO to so. The stock has
remained pretty steady throughout the day, much
to the disappointment OF the bulls, who talked
about 1t going to 65
MIR. Jay Gould is very reticent as to the particu-
lars Of this recent triumph, and simply states that
he has returned some property to the Erie Railroad
Company which he has been anxious for some time
to get rid OIL but he could not get the President OF
the road to take it Off his hands. He also states
that he thinks the Erie Railroad affairs are in q
prosperous condition and that the company has
every chance of doing large and lucrative busi-
ness The third rail for narrow gauge will prob
ably be commenced on s0on SO that freight and
passenger cars from the West can be run right
through and save the transfer OF goods from to
car.
Mr.. s. L. NJ. Barlow has been very busy all day
winding up the transfer OF the securities from Mr..
Gould. The deed transferring the Grand Opera
House was signed to-day, and, judging IRON tho
reading OF the commencement OF the deed, 1t has
deed is dated December IL, 1872, and commences
iollOws:-
Jay Gould, of city and county and State of New York
and Helen d. his wife and Lucy d. Fisk also OF the city
and county and state Of New York, parties of the first
part and Peter H. Watson of the place, party of
the second part wnesseth that the first part for and In
consideration OF the sum OF 81 O surrenders &C. &C.
Mr.. Barlow says that everything is now arranged
satisfactorily, and that the Erie Railroad Company
have no further claims against Mr. Jay Gould.
There was meeting In the afternoon in Mr. Bar
lows ONCE OF q number Of gentlemen connected
with the Erie Railroad Company, and consider able
business was transacted OF an important nature.
The Erie Railway Company makes the following
return of their estimated weekly earnings, COM
mencing November !, 1S72:-
For week ending December L. 5...... S328O9O S37Ss53
PREVIOUSLY reporteo i,SlUNz 2O1lt2
Total earnings since November L.. $2l3s592 $24y05Os
Increase month and two weeks date :. 3I9l3
The above report shows that the road is in -FOUR
ishing condition and the returns largely on the
increase since the advent OF the present manage
ment.
The rumored coalition between Horace f. Clarke
and Jay Gould Is discussed with considerable in
terest the street. and all kinds of stories relat
ing thereto have been industriousy set anOat,
Some gentlemen are 80 far impressed with the
strategy and generalship Jay Gould that they
prUphesy that before two years have elapsed he
will have the management or the Erie Railroad,
which, connected with the Union Pacific and
several prominent Western roads, Will become one
OF the most valuable railroad properties In the
ccuRtry.