New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-09
CROWDS AT THE WINDSOR.
PROMINENT WALL STREET MEN THERE-wHAT MIR
MnRGAN And MIR. GOULD SAY.

MORGAN AND MIR. GOULD SAY.
The corridors of the Windsor Hotel were crowded
for several hours last night by anxious and
excited stock brokers. SO large crowd
of representative Wall Street men, 1t was said, had
never before gathered there, even III times OF great
excitement Nearly all of the active members oi
the Stock Exchange were in the hotel at some time
during the evening Jay Gould looked In on
his way nome in the afternoon, but did not
afterward visit the hotel. Among the persons
who were observed we're II. o. Armour John King,
president of the Erie Railroads j. g. Mccullough
James Tllmghasi, John B. butcher, W. :. Gurne''
Harvey Kennedy, 4. s. Hatch. Brayton Ives John
r. Dos Passos. F. iiah Smith, General Granville NJ.
Dodge f. 3 Chaplin, ID. II. Bates and General t. f.
Winslow. About 10 O'Clock Addison Cam
mack strolled in and shortly aftorward Charles
+ Woerisholcr There was very little trading on
the floor. although nj times the talk ran INTO eA-
cited offers and bids. Generally tho brokers were
too uncertain 20 the effect on the marhot 10
enter INTO positive ENGAGEMENTS. 4 few hundred
shares probably co,erod all the transac-
tons. The prices reported were some
what below the closing figures mt
the stock Exchange but before The evening was
over the popular opinion was hat the buyers had
secured bargains. Tine anxiety OF the early part %
1le evening had been dI-spatcd apparently 10y 10
O'CLOCK, non many DI'Afi1 Ntut h''''' '''' 49,
ridors were still crowded, however at a late hour.
IL was rumorcd dudng the evening
that n conference had been held by
persons prominently connected with the recent adj
vauces and that an agreement had been made TO
buy several hundred thousand shares az the Open
ing to-day if there saouid appear 10 be any necca
sIty for this course. The mere report
did much to restore confidence among
the anxious brokers. The most conservative among
them expressed the opinion that no action OF the
kind would be needed.
j. Picrpout Morgan said that the fears Of thc
brokers were foolish and groundics% " Mr. Van
dyrlilt had not been an active power in the stock
market for many months n said. "and his death Is
not likely 20 affect the market uu.ayorab'y. lie
had forcsccn this event. and provided for
fortune. lis death will not throw a
share of stock on the market. There h"s
been an erroneous popular impression 'nAI
Vanderbilt Morgan syndicate, h"ld- an iu-
mems" block Of stocks that would SOM diS
have 10 bc sold. There ~ no reason Tor TINS opinI"
The so-calied syndicate never had share oil STOCK
of any kind. aud consequently has
mono 10 sell Tho advance n prices
was due largely perhaps T. what we din toward
the settlement of the railroad wars ana 10 the gem
era. Improvement III business. II was not dur t"anj
buyIng of stocks hy the syndicate. Another io"llNi
notion has been thai IN he West shore matter
Mr Vanderbilt had bought the companys hcCuiI-
ties. 50 lar rs j know. he never owned any west
Shore bonds.
"Mr Vanderbilt was n noble man Mr. Norca1
added | have been associated with Inn some
what intimately for the last hvc years ana
few persons realize the breadth of ms character
Taking "A wIte view o. affairs ms had also great
determinations and would draw q check FOR ten
millions ~ readily as f'r 500 If II was 20 accom-
plish purpose IN which hc wa, interested
jay Gould said TINT ne had been greatly shocked
by the news. winch lad reached nm
shortly after 3 O'clock. "Bevond the shock,
he remarked the stock market viii fee.
little effect probably from Mr.. Wander
biIPs dca h. He had not been at the
head of ms railroad corporations tor some
time and all the machinery Tor continuing
them Just A. they are is let lie has excellent men
in control of them and since his retirement.
although he had been n potent influence ol
course III the management, the companies
were not dependent on hIn. Besides there - an
! other way Of regarding the matter. II he
was alive his securities might be sold when
/ ever he chose TO part with them Now
/ they are wholly removed from the market and can
not bc sold at present certainly. do not see how
his death can affect, IN any way the course OF the
/ stock market"
/ President Dcpew. Of the New-York Central dis
! missed IN a few words the query 10 what eject
thedeath Of Mr. Vanderbilt would have on the prop
crtics Identified with ms name. " one whacver.'
! he said. There 10 no reason why II should The
| VandeTbi system Will be continued under the
same ownership and management as BEFORE