Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-12-08

value Of Sos. 600 ooo all I'm his own mama and Of.
: fered to produce xe0O 900 moro II desired.
In March. 1851. Mr.. Gould purchased CON.
trolling interest in the st. Louis & San Fran
| cisco Railroad Co.. which has an aggreeate
mileage OF nearly 900 miles. and Is . joint owner
with the Atchison. Topeka q Santa Fe Rail.
, road Co. of the Atlantic q Pacific road
OF Mr.. Gould's career since he began to OPP
crate in Wall street columns might be written.
were the story not pretty we'll known to the
public. The speculations in Erie. the BLACK
Friday" and other episodes are familiar to most
New Workers., and have been often retold.
Suffice it to say that from the time hs went
into Wall street Gould forged straight ahead;
there was no going back, and but little stand
ing still Line after line Of railroad fell under
the control OF this man. whom other dnanciers
called tbs wizard" Of Wall street.
Thousands upon thousands OF miles OF railroad
were to all intents and purposes his own. With
a single move IA the stock market he could
affect financial matters not only in every city
in this country. but In London. Paris and Vienna
He turned his attention to the telegraph sys.
tenn Of the country. and did not rest until no
had . monopoly Of that and controlled the At
lantic cable as well Was this enough! Not at
all. There were elevated roads in New York
repf4senting millions in money. Here was moro
work to the hand Of this remarkable man. and
in the end this System. too. passed under his
direction.
Mr. Gould married when no was = young
man. and was always domestic in his habits
He loved his family and homo moro than most
men do to-day. Society he cared nothing for
and paid little attention to 1t. Though hs paid
for box In the Metropolitan opera house. he
was seen there but rarely. He attended the
theater ut times. but not with any regularity.
He never. 20 far as known. expressed any great
appreciation Of high art. OF music. tbs drama.
or literature. although he did write history
OF Delaware couaty that II regarded with favor
by collectors OF rare and curious books.
Tho nnancier always had liking for nus
flowers. He spent large amount Of money on
beautiful flowers and rare plants for his hot
houses and gardens at Tarrytown, and SONS
very hne specimens OF orchids have bssn devel-
oped there. But in the main Mr. Gould liv,d
more plain than many mon whose income -
less than $40. 600 year.
He had his hands full Of business at all times.
But he hiss never been niggardly. Like most
other business men. he could not be his own
almoner. As he said. while his wife was alive.
she distributed his money for them and did 1t
with q free hand. ~ many know. Then Mr..
Gould gave. in ad dition, to those societies or
ganiz ri for the purpose OF relieving the needy.
Nor was Mr.. Gould what some persons call .
religious man. But he was religious "a most
OF his neighbors. For years he kept pow In
local Episcopal church.
Such are the main points in q character the
most remarkable. in some respects, OF his
time. He was born somewhat sickly. and was
never robust. except as to will and brains
Alone and unaided he accumulated vast for
tune which passes intact to his children. No
man was more simple in life or habits. He
often said that he could never dissipate even
st;tute1 physically that he could not use
tobacco or take intoxicating liquors.
He had been moderate in all things
that he ate or drank Even in his most active
days. when he was constantly at his offic,. he
would take but light breakfast consisting
Insinly OF eggs and rolls
Mr.. Gould would never reply to q newspaper
attack upon himself Yet he had no particular
prejudice against the press, althou yh he some.
times said he hal long bssn thu most abused
man in the country. For that matter he had
from time to time had interest in various
newspapers
No two estimates agree to the amount OF
Mr.. Gould's fortune. The most conservative
people in Wall street who think they know
something about his Accommodations fyurs that
h. must have gotten together fully o0,o0OOO-
His known holdings OF securities are about as
follows: Twenty-Five millions par value OF
Western Union Telegraph. which at to-day's
prices would fetch about SIS. 100000 $40. 100000
par value oe Missouri Pacific, which ia now
worth in the market IS. 500. 900. Ha is supposed
to cd In tn. neighborhoof OF SS.0,OOO1. prob
ably more of Manhattan railway stock. worth
$40. 400O O1 His holdings of all these stocks have
been larger than this, but hs sold they to in
vest the money in new issues OF bonds
of the Missouri Pacific and Manhattan
companies or to finance those companiee
till bonds could be issued Excellent
information is that his estate holds about one
third OF the bonds issued on tho Missouri
Pacific system. which would be about s3J. 00O.-
600. His estate holds over Sls Oo0. 900 OF Wabash
railway stock which shows a loss of between
100000 and S5,0000m As long ago rs 1885,
Mr.. Gould was known to hold about
100000 OF frst-class railway mortgage
bonds upon roads other than thoss controlled
managed by him. Besides thes, items, he
had large investments in q number Of proper
ties concerning which thu general public knows
little nothing. His holdings OF Union Pa
cific and Kansas Pacific bonds, which have
never been stated must be large. but it il not
believed that he owned Of late years much. II
any. Union Pacific stock.
From tho foregoing figures, which ap.
proximately correct, It is easy to figure up ir
tho neighborhood OF $7j.OO0.011 OF lats years
his fortune has increased rapidly owing to his
ern Union and Manhattan stock. to say nothing
Of his Investments In bonds. His income from
these three sources alone can not have fallen
under $4,000 0Oo q wear, and has probably ex-
ceeded that amount
The Funeral Arrangements.
New YORK, Dec. Sat the hotels
and other places where men congre-
gate the death Of Mr.. Gould was the
one thing talked about last night. At
the Windsor, Fifth-Avenue, Holland
and other hotels little knots of WALL
street operators discussed the proba-
BILE effect of the event on the market
Some pointed to the fact that the
market had remained practically un-
disturbed so far, while others said:
''Wait a bit, the change may come yet"
The general sentiment was, however,
that Mr.. Gould had been out of WALL
street operations so long that his death
would have little effect on the market.
Furthermore his death had been ex-
pected for days.
Arrangements for the performance
of the last rites over the body of the
great fnancier have been completed.
The service will be held at the family
residence at Forty-seventh street and
Fifth avenue, on Monday at 10 o'clock
in the morning. Rev. DIR. Paxton, pas
tor of the Presbyterian church, in
which Mr.. Gould was q worshiper, will
conduct the services. He will be as
sisted by Rev. McCracken and Rev.
Roderick Terry. The choir from DIR.
Paxton's church will take part in the
services.
The interment will be at Woodlawn.
Tho foy,,h ~rH:ch had l,aop a lrooIr