The sun., 1888-06-12
YOU'RE WANTED, Mr.. GOULD.
THERE ARE Dividends TO PAY ON
~. +. AND MANHATTAN.
M. II. People Kicking Against 4 Fer Cent
Elevated Takes nn A-ticipatery Tumble
"A Lenden Banker Gicker Thnu q enid.

N. r. People Kicking Against Per Cent
Elevated Takes nn A-ticipatery Tumble
"A Lessen Banker sieker Than Geuid.
Mr.. Jay Gould, who is now inspecting the
tracks OF his Southwestern railroads. is ex-
pected In this city somo time tomorrow. He
will DO wanted here on Thursday. as on that
day quarterly dividend upon Missouri Pacific
stock should be declared. On tho last pre-
vious occasion Of this sort Mr. Gould
did not happen to be on hand, and
Vics-President George j. Gould would
not let the directors do anything. In conse-
quence OF the delay and uncertainty the stock
broke wide open in the market. and the ex-
perienced railroad men aud sagacious flnan-
cors who have helped Mr.. Gould build up and
hoat his properties, saw the value OF their
holdings materially diminished. There has
been no permanent recovery from that smash;
In TACT the stock has acted as II another re-
duction IN tho rate Of dividend was on the pro-
gramme Since Mr.. Gould went West It has
leaked out that before he left he had made up
his mind that he would pay per cent upon
Missouri Pacific for the present quarter as
against IN per cent. the last tims and IL per
cent six months ago.
Mr. Gould, SO some OF his associates say. went
West to sec II the railroad situation was as blue
as all the railroad mon have been painting 1t.
cred CLEANS OF sunlight here and there. Still
he has not yet had man of his choice ap..
pointed receiver OF the Missouri kansas and
Texas Company, but, according to Wall street
right Judge. The. members OF the Missouri
Pacific directory who have net. according TO all
hodnss Of the soeE as Mr. GouS .s ., hsSs
hi. letters and tslesrams. and have banded TO-
the Wow OF having the rate OF dividend main
tainsd At \ per cent. or Vt least OF efscting a
eordaS to ths 9p boots Missouri Pssins sSafss has
earned a good deal more than l n per cent. but
It is peculiarity OF railroad bookkeeping that
The situation is. in brief. that Mr. Gould has
agreed 70 pay per cent; and not pass tho div.
that dares to fight, will tight for IL, with the
TRo VII be as ihs
will get Just what MIR. Gould sees fit to give
then Mht and nddn1d mo more 1t re- ,,.rws, p,vo
MIR. Gould made public announcement of his
purpose in buying Missouri Pacino from Com.
his life, or Of as much Of it MS he thought it
wise to tell for the instruetion Of the Senate
ho os said Of IN
the road rather as a plaything to see what l
sSgl could do than to make money. l had got past
There were some indications yesterday that
MI Mr. Gould's presence might be desired here by
| SOID6 ptOpl0 to-day. Inc quarterly dividend
| upon Manhattan hallway stock is due to-day,
and the stock seemed TO- act "a little onsartin "
| about II yesterday for it dropped 81, cent.
| the stock. presumably because of its acrobatic
! fluctuations under the manipulation OF one
| VINO has since passed from the Wall street
! arena, tho approach to Manhattan dividend
| date has generally been regarded with breath
| less interest by tho financial community. Its
! sworn reports to the State Railroad Commits
| sioners barely show dividends at tho rate that
is being paid, while any one who reads the
papers cannot but be impressed with the
claims for damages that are constantly being
| nude and perfected against the company.
| third corporation In which Mr.. Gould is in
terested will also act upon its quarterly divi-
| graph Company. But other people than he
| have something to say about It. and they have
given their word that the usual dividend OF I Z
per cent will be declared, and 1t may be ex-
pected with great certainty.
| So far as Mr.. Gould's health Is concerned il Is
possible that the Western nnswsGatherers have
| been unnecessarily alarmed about him because
| he carries a doctor with him. This is not un-
usual, on the contraryit is quite questionable
nowadays for rich mon to travel far from home
without his own physician: The impression in
Wall street is that Mr.. Gould Is not particularly
| robust, and his victims are willing to believe
at night. Still tho street believes he must bo u
| picture OF health compared to the London
| banker to whom he sold 2.0O00 900 of Missouri.
Kansas and Texas general mortgage 6 per
| cent. bonds about year ago. The banker
| paid Mr.. Gould l02 for thom Now they are in
| default and soil for about sixty. and the Hon.
| Russell Sage predicts even lower prices.