The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-02-19
JAY GOULD'S RETIREMENT.
Another Meeting or the Talon Pacific syndi-
ente-Mhnt MnlI street Men Say.

At noon yesterday there were assembled
in the private OH &C Of Work. Strong & Co.. &c
Broad street eight men representing an csti-
mated aggregate capital Of $50 O0OOOO. With
one exception. they were members Of
the syndicate that quietly surprised the
street early Monday morning by privately
purchasing from jay Gould 100000
shares. or little more than half his hold
ing OF Union Pacific stock. The cxccp-
ton was Jay Gould himself. The others were
James II. Keenc. Russell Sage W. L. Scott c. J.
Osborne Addison Cammack. Frank Work. and
d. Z. Morgan. Those last named COMPOSE the
pool.
The object Of the meeting wn> kept pro-
found secret and after il was over the several
gentlemen went demurely 10 their Offices. one
report was that the syndicate was dividing its
purchase. and was settling other details attend
ing il. There were other rumors. variously
vague and portentOus.
MIR. Gould was seen in the Offices - the Union
Pacific. but he did not care To- say anything Of
the proceedings. lie would not say whether he
lac was going To Europe Some u his friends
have announced for him his retirement from
the street. and his intention 10 - abroad for u
while. But many ar" skeptical OF MS pursuing
A. TO the transaction Of yesterday all sorts Of
rumors were anoat. ono was that Gould took
from the pool 2O.OOo shares Of Northwestern
common at 65 and 5000 shares II the pre-
frrrrd ut 30 and gavo 10000 shares Of Union
Pacific ut 60. and took Tor tng balance due hun
a call on $1,000 shares Of Northwestern. Tho
figures published III The suN Of yesterday
are. however generally accepted namely. that
Gould sold total OF % 900 or 100000 shares he
same including former sale TO Sage hecue
Wncthcr Gould has made or lost by the trans
action. including his loss durlus tue recent buu
| cumpuigu-w owing To- his large short IN
tcrst. has. 1t Is generally conceded. forced hln
| 10 this transa'tiou-ls an open question. Il i-
| assorted hy some that he is shsutly ahead. bat
| the profit 'anuot be- commcnsur"tc 10 theamoun'
Mr.. Charles +. woerlshofnr who has boon a
| persistent bear himself. Thought that tho ln!-
| uortUnce Of tue transaction had been maeui
| lid. lie understood TINT the amounts of
| Northwestern Of which Mr.. Gould was -hor
| were 10000 shares ut common aud lJ.UuO pre-
fcrrcd lie could give mo- information in r."
| gard To the terms ot the exchange Of Unloi
| pacih, tor Northwestern.
Mr.. Vim. Bo,irn Is supposed 20 know goo'
| deal about Mr.. Gould's affairs from past assO
| citation. hut when hr was caliai upon YESTERDAY
| lac slowly and solcmnly shook MS neal ana re-
| marked that ho had no Information 10 impurt
| In answer 10 Hn9urr question ne SHOOK ui'
| head solemniy and slowly. and said ne had 20
opinion that he cared 10 express. Ihen h'
| added that any opinion coming from nun Nigh
| not bee regarded as entirely without bins, 40 th'
| sume time smiing seriously and thouEhuuliy
| therefore he desired to bo excused from be-
| coming the source If any Information or ODin
ion. A near friend OF Mr.. Belden. however u
| understood TO have expressed the b"llel tia
| Mr. Gould had stepped out Of the direction O.
| the Union Pacific without any Immediate pros
| poet. and perhaps not even nebulous inten
ton. OF again returning To liz control.
Mr. g. /. Osi ornrt one OF mo members 81 th'
| pool. said that Mr. Gould told him that be- wa
| going out of the control OF the Union l,nln
| and contcm plated going abroad. Mr.. OSBORN
had no reason To believe that Mr.. Gould lookc'
forward TO remaining in the direction OF th
| road under any contingency; though that ls
matter definitely known only lo Mr., Gou'
lis disposal Of hl. Union Paciilt shares tie H.,
ures lis quoted yesterday morning were urohabi
not too Il N. II was not likely that lis lossc
on the Northwestern shares. OF which he wa