The World. [volume] (Martinsburg, W. Va.) 1891-1896, 1892-12-03
Jay GOULD DEAD.
THE WALL STREET WIZARD EyPlR-
Ed YESTERDAY.
Hrs DEATH DUE 10 PULMONARY
CONSUMPTION MILLIoN-
AIRES CAREER.

II
AIRES CAREER.
NEW YoRK, Dec. 3.--Jay Gould |
died at 9:l5 o'clock yesterday morn
ing. The direct cause Of Mr.. Gonld's
death, as stated at the house this morn
ing, was pulmonary consumption.
Early last evening it became known
that his death was only matter Of a
few hours He had never rallied after
he had a hemorrhage Of the lungs on
the day before Thanksgiving. Hehad
another .hemorrhage two days later,
and still another on last Wednesday.
This announcement was great sur
prise to all but the most intimate ac-
quaintances Of Mr.. Gould II had all
talong been supposed that he was sui
fering from nervous dyspepsia. He
bore up hravely until the end, and ut
tered no complaint.
With midnight came an unfayorable
change. After violent attack Of
coughing he became unconscious, and
then it was that DIR. Mum and DIR.
Janeway recognized that the end was
near.
He seemed to rally inst before seven
o'clock, but it was not until nine o'clock
/ that there was evidence Of returning
consciousness. He passed away at
9:15, his last moments being entirely
free from suffering.
Mr.. Gould was born in West Settle
ment, backwoods village of Rox
bury, Delaware county, N. r., May
E27, 1886. He was the son Of John B.
Gould, farmer, who was fairly yell.
to do, and who had been a deputy
sheriff in the famous anti-rent war in
4 the thirties. His mother died when he
was an infant Mr.. Gould left home
with fifty cents in his pocket, and stud.
led at Hobart Academy, in a neighbor-
ing town. Here he turned an extra
penny by keeping the books Of the vii
lage blacksmith, eventually enjoying a
brief partnership in the concern. He
was fond Of mathematics, and on leav-
| ing school found employment in max
ling surveys for map of Ulster coun-
ty at salary Of $40 per month.
| Mr.. Gould subsequently entered in
to partnership with Zadoc Pratt in the
tannery business in Pennsylvania, at
la place known as Gouldsboro. In 1865
the patent was sold, and Gould came
to New York with quite an addition to
his fortune Later he entered into
business with Charles L. Leupp, leath
er merchant. In the panic of 1857
Leupp's capital was wrecked. Gould's
father-in-law, Mr. Miller, initiated the
young financier into the railroad bust
ness, and sold him number of shares
in the Rutlands and Washington Rail-
road at ten cents on the dollar Gould
showed so much interest that he was
soon elected president and general
manager Of the road, and finally con
solidated it with the Rensselaer, and
Saratoga Railroad. When the stock
went up Gould sold out at a handsome
4 profit. ~-.
| In 1859 Jay Gould entered Wall
street asa broker He established a
small private Office and made money
fast. The following year he entered
the firm of Smith tSiMartin and became
an expert in the manipulation of rail
road securities. From this time he
invested deeply in stock Of different
companies and meeting with unparal-
leled success became in time the most
remarkable financier of his day.
Mr.. Gould married, shortly after GO
ing to New York city, in 1856, Miss
Ella Miller, daughter of wealthy New
York citizen, and had six children. In
politics Mr.. Gould was a republican.
No two estimates agree rs to the
amount Of his fortune. TheAmost con
sentative figures place it at $50, 000,-
900, while some people in Wall street
| figure it fully 500, 000, 900.
II --4 .--4--
4 a SMART COW.