The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-02-18
GOTHAM GOSSIP.
ANOTHER SUCCESSFUL SPECULATION
OF JAY GOULD.
The Coming Retirement of this Daring
stock Operat0r-Continued Inspection
Of Cattle I'm the Clty-A Clerical Apol-
ogy-Escape Of Prisoners from Black


stock OpeFat0r-C1ntfnued Inspection
Of Cattle In the Clty-A Clerical Apol-
ogy-Escape Of Prisoners from Black
wells Island.
NEW YORK, Feb 1.-THE sensation Of Wall
street to-day was the rise in Union Pacific,
which opened at 6924, having closed Saturday
at 685s. The next sale was at 70, after which
the price rose to 1874. Before noon the rise
was the cause OF many queries, and 1t was
soon authoritatively announced that Jay
Gould had effected arrangements by which the
control Of the Union Pacific Railroad passes
into the hands of a syndicate, composed Of
some of the strongest gent emen in Wall street.
1t is generally believed the parties comprise
Messrs. Sage, Keene Osborn, d. P. Morgan
and Frank Work. Mr.. Gould was the holder
of 10000 shares. OF these it is believed
he sold 100000 shares at price not far from
10. As he began the purchase OF the stock at
something below 80 an idea can be formed OF
the great profit which this transaction has
brought him. 1t Is understood Gould has
for some time contemplated retiring from
active business, and that this is the reason for
this step.
A gentleman well informed states that the
sale Of Goulds Union Pacific interest Is the
greatest operation in the eventful history of
this remarkable operator, and he Is probably
tod ~ weather. than he has ever been before.
The purchase OF this great block Of stock is
considered as wise move on the part OF the
purchasing syndicate. 1t it said Mr.. Gould
Will TetlTe from Ln6 0lE6CLlO0 Oh MdTcH L, anu
a gentleman of acknowledged ability and
character will be added to the board. The
Union Pacific repOrtS an increase for the first
fourteen days of February over the corre-
spending time last year OF 100000.
Health inspectors continued their inSpec-
tion OF the COW stables of this city to-day,
with the purpose of detecting evidences OF
pleurO-pneumOna among the cattle, but
nothing exciting suspicion of the existence Of
the disease was found. Owing to the order
IL D....1 - r.ls.
cerning the slaughter OF American cattle at
public abattoirS upon their arrival in Eng
land it was ascertained at the office of the
Anchor Steamship Line that 1T was some
what doubtful whether their regular shippers
would this week continue shipments. The
decision OF the cattle men will be reached to-
morrow.
A short time ago Rev Justin D. Fulton was
suspended from membership in the Baptist
Pastors Association, for having used offensive
expressions to a member, DR.. Samson, and to-
day at meeting of that association letter
OF apology was read from DR.. Fulton. 1t gave
rise to long discussion. A motion to accept
the apology and restore him to membership
was amended by referring the whole matter
to committee of three.
1t Is generally believed now that the build
ing known as Stewards stores is about to
be converted into magnificent hotel. Several
notable hotel men have put In bids to the
managers OF the estate, but there Is party
from Boston who has determined, 1t Is ru-
mOred, to outbid all others, and Ii possible
secure the premises.
A report IVES current at police headquar
ters to-day that the prisoners In the peniten-
tiary on Blackwell's Island had risen en-
masse, and that before the insurrection was
quelled many of them escaped, the whole
gang reaching the Loug Island shore from
the northerly end Of the island. Later 1t was
announced that eight ten-day prisoners, of
whom two were negroes, had succeeded in es-
Gaping while at work at the north end of the
island. The whole available force of keepers
turned out after them and chased them on
Long Island, but the result is not yet known.
The suit Of Michael l.. Hitler vs.. the Bur-
lington and Missouri River Railway Com
paDy, to recover $1l4000 for alleged breach Of
contract, was commenced to-day in the United
States Circuit Court, before Judge Wallace
and jury. The facts in the case have already
been published.