San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1882-03-30
FABULOUS WEALTH.

Globe Democrat

Globe Democrat
New York, March 13-Jay Gould's
wealth was the talk of wall street to-
day. II has been reported frequently,
OF late, that Mr.. Gould was selling stock
largely, and il has ever been said by
persons ia the street that he was COM
PEELED to become a large seller because
OF his urgent need of ready money.
These damaging rumors, it is generally
understood, were brought to Mr.. Gould's
attention ON Saturday by some of his
friends. Mr.. Gould was, Of course, put
upon his mettle, and this morning he
invited to his office Russell Sage, Cyrus
w. Field, Frank Work and one or two
others, and asked them to examine the
contents Of few packages OF stocks
for which he had sent to the Trust
Company. The packages were all
labelled with the schedule of the stocks
and amounts. 1t is reported Mr.. Field
expressed a willingness to accept Mr..
Gould's word as to the amount, but Mr..
Sage exclaimed, with an air of excite
ment, ."No, no;i if I am to examine these
l propose to do so thoroughly" The
packages were. then opened and ex-
amined. They contained the enor-
nous sum of $53,000,000 of stock at
their face value. In them were $685.,
000,000 of Western Union Telegraph
and $12,000.000 of Missouri Pacific
... ..... RAILROAD STOCK, ,ri ~. .r r
None of these certificates were indorsed
by Mr.. Gould; they were the original
certificatesisue to him by the present
companies. The rest of the total amount
was made up of Manhattan Railway
stock of the different classes and Of
Wabash stocks. Mr.. Sage talked rather
freely about. the matter afterward, in
his usual desultory manner.
"It amazed me exceedingly" he said.
IT told Mr.. Gould on Saturday that
persons were circulating ugly stories
about him, and he then assured me that
there was no foundation for the report
that he was selling his Western Union
and Missouri Pacific. He told me that
he held $20,00O,000 of Western Union.
I had supposed that he might have
about half that amount, and conse-
quently I accepted the assertion with
little grain of salt. He sent for me
this morning. Ididn't know what he
wanted. I went in, and there were
several persons there, and, Mr.. Gould
asked us to look at bis stocks. 1t was
perfectly amazing. Why, there were
So, 000, 900 more of Westernb Union than
he had told me about. L was particu-
larly interested in Western Union and
Missouri Pacific, and there right before
me were the original certificates issued
to him. There is not another man in
the United States, except Mr.. Wander.
bilt, who could make such display of
securities. There isn't one of the
Astors that can begin to show as much
money as he (Goul0 did. Those little
packages. I tell you would cover a
good deal of real estate. I didn't dream
of it. I knew he was very rich man.
He is the richest man in the United
States except Vanderbilt. Vanderbilt
and Gould are working together in
order to protect the stocks in which
they are interested, and all the street
stories about Gould selling stock to
Jim Keene, or having anything to do
with Keene, are pure canards. Jim
Keene is the most treacherous man 1
ever knew. There is only one end to
which he will come"
One of the bystanders remarked that
it had been reported that there was
great anxiety shown by the men who
had been permitted to gaze upon the
$4,000, 900. in getting out of the room.
Mr.. Sage laughed in reply and said,
"Well, we'll. that is about it, certainly.
The fact is we were all in a great
hurry"