The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-10-07
WALL STREETNOTES.
Another Game OF Jay GOuICl's
EXPOsed-Why Union Pacific
"8urSted"-NeW Wall Street
Dictionary.


Another Game OF Jay GOuId's
EXPOsed-Why Union Pacific
"Rursted"-NeW Wall Street
Dictionary.
From the New York IIGnld,l
The departure Of Jay Gould to the
West with some Of his associates was
marked, on Saturday, by fresh decline
in Union pacific stock. II now transpires
that to such straits was he reduced in
order to carry his stock that he resorted
to the same tactics he once employed
with New Jersey Southern, the bank
ruptcy oiwhiCh corporation he compass.
ed soon alter his eviction from the Erie
Railroad. The game indicated was q
bold one and II Jay Gould had not lost
his prestige in thestreet or the confidence
OF his brokers some OF his old successes
might have been repeated.
The story is as follows; Tho day before
the break in Union Pacific, Gould sent
proposals to many OF his rich speculative
friends, giving them to understand that
We were on the eve Of another rise in the
stock, and Offering, II they would buy,
1000 or 1000 shares, and carry them for
six months, that he would pay all the
losses, only asking to receive half the
profits. A short time since such offers
would have been eagerly seized, but the
personal guarantee OF Mr.. Gould is not
considered gilt edged just now, 30 his
proposals were declined with thanks.
The subsequent decline OF the stock from
70 to CIT shows that either treachery was
intended or that the once
MIGHTY sPECULAToR
has to resort to mean shifts to save him
self from ruin. There seems to 10 no
doubt that at the time he wrote these
notes he had been called on to take
up heavy loan on Union Pacific.
Just before the break in New Jersey
Southern, about two years ago, the stock
was selling at27, and there was heavy
speculation In It. Gould offered his
friends the same chance Of proGt-they
to buy and carry the stock, he to pay all
losses and divide the profits. His friends
bought the stock-which Goulds brokers
sold to them-and after carrying the
stock for months and paying high rates
for money, his dupes had to sell out at a
heavy loss. These facts are well remem.
bered by the street. New Jersey Southern
now sells at 81 per share.
A NEW WALL STREET DICTIONARY.
As our readers know, the stock tele.
graph abbreviates the names Of stocks,
thus; LIS. (Lake ShOre), Cen. New
York Central sc, &c. The wags in the
Board have made these initials amusing.
ly significant in many cases. The new
dictionary runs about ~ follows:
A. 7. T.-AtlantiC and Pacific Tele.
graph-"A poor treat"
A:s.-AlIany and Susquehanna Rail.
rOAd-"A sell"
C.C.I.-Columbus, Chicago and Indi-
ana Central Automatically circus I'M
poverished."
C.C.EC.-Columbus, Chicago and In.
diana Central-"COIIee, cakes and ice
cream"
CEN.-New York Ccntral--"Corneli.
GUS elegant mob"
CUM.-Cumberland coal-"Call up
margins"
D.L W.-Delawarc, Lackawana and
NcSWIH hhIITOhu- buuOtlHl IeuhVh
wanted"
E.-Erie-"Elephant."
Do. Observation-Disclosures ring"
+. Wort Wayne-"I'oOls' wash"
K. N.-KansNs and Northern
"Know nothing"
hS.-l.akG Shore Loose statements"
MIR. l.-Maripose Land and Mining
MARKS regular lies"
Nj. C-New Jersey Central--"No Jer.
sey cabbage"
N. J. Il. R.-New Jersey Railroad
and TransportaIion-"No jaw round
Raritan.'
N.Ls.1New Jersey sOuthern-"Nent
Jersey SELL"
n. W.-Northwestern-"No wind"
q. B.--Gold BOnds-"Ginxs Baby"
P.M.- Pacific Mail-"Perpetual mis-.
cry"
81. psf. Paul-"sage's Title Page"
7. W.-Wabnsh-"TOmmy Warner"
y. P.-union PaciIic-"Ugly Peter"
W. U.-Wcstern Union-"Wonderful
usnrpcr."
G.-GOll-"Gobbleall.
It must be admitted some Of these Il.
ties are strangely aprOpOS, at oil events
they are well understood on the street.