The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-03-21
ROW IN THE GOULD CAMP.
Sensational Financial Develop
ments on "the Street"
JAY URGED TO HASTEN HOME
To Throw oil on the Troubled Wa.
ters-A Split Between George
Could and Russell Sage.
Interesting Story.

New York, March 2O.-There is live
ly row in the Gould camp. Not little
row, but big row-a row where names
arc being called and threats INDUCED
in.
Well may the interested and involved
persons fill the telegraph wires with ur'
gent solicitations to Jay Gould to hurry
home.
1t was at the meeting ofthe Missouri
Pacific Railway directors, held week
ago to-day, thatthis delectablc how-d'ye-
do broke out.
This was the way it come about: Wall
street has been filled with reports, dated
back a long time, that the Missouri Pa
cific's dividend was about to be materi-
ally reduced. People who pOsea us "in-
siders" have tried to pooh-poOh these ru-
mons down, butpoOh-pOohiDg wouldnot
work, and the belief has grown continue
ally stronger that the reports of pros
pectivo reductions were true. Yesterday
out came the annual reports oil the roads
in the Gould Southwestern system,
making it pretty plain by their wretched
showing that, reduced dividends or not,
there are lots Of causes for worriment
among stockholders.
This report in detail was before the
meeting Of directors at last Tuesdays
meeting, and it was a good deal OF sur
prise to some OF those present. But as
constituent at the bad showing did not
prevent prompt motion from one OF
the directors to declare the usual div
idend ut the rate OF sevenper cent,
George ]. Gould objected. The divi-
dend ought to be reduced, he said. Rus
sell Sage insisted on the motions passage.
Young Mr.. Gould was not to be put
down. The motion was laid on the table.
Ever since the contingent, anxious to
have the old dividend paid, have been
keeping the Western Union Telegraph
wires hot between here and Florida, urg-
ing Jay Gould to hasten home to protect
his properties, to keep faith with stock.
holders, and to discipline his son. The
son, meantime, has taken palace car
and betaken himselfin person to Florida.
Say those who are displeased with
George Gould's determined stand for Il
reduction OF the dividend: "EIc has
lately been speculating on tho bear side
Of the stock market. He has sold short
his fathers securities, and he needs
reduction in the Missouri Pacific divi-
dends to help him get out even" These
charges against young Mr.. Gould are
followed with the naming OF the stock
brokers' offices where he is declared to
have made his short contracts.
Another intimation that is abroad has
it that George Gould has . partner in
his bear speCulations, that partner being
his younger brother, known to Wall
street fame rs "Bad Boy Eddie" There
is nothing particularly novel in Eddie
Gould going short OF papa's stocks. He
has done it openly, and his father, when
asked about II, has seemed to be rather
proud as he met the question with
whispered, "And they do say that the
boy made money Coppering me"
1t certainly is an entertaining situa-
ton from Wall street point OF view, as
it is from some other points OF view,
and it is lively task that Jay Gould
will have to undertake in settling things
amiCably all around.
The annual reports OF the GouldSouth-
western system are interesting to the
point OF scnsationalism. The mileage
Tor 1887 increased from 1907 to 6,l93
miles, while the gross earnings fell OFT
six millions. For the Missouri Pacific n
dnficif nj 81 IO6 S5(l nnnnnrl npninst 81 do