The Washington bee., 1892-12-10
JAY GOULD is DEAD.
Carries Or the Great Finan-
cal Genius.

CONSUMPTION Carries OF the Great Finan-
cal Genius.
Jay Gould died at his residence, 579
Fifth avenue, New York, Oh Friday,
December 2. at els o'clock a. M, in the
Seth year of his age. Mr.. Gould had
been suffering with consumption for the
past two years and this was the cause of
his death.
As boy Jay Gould showed all the en-
Iergy that he afterward exhibited as a
man. He was born near Roxboro, N.
~, May 81, 1885. and was educated at
the village school, and was known as a
boy of remarkable perseverance in his
studiee and ambition to learn. He was
Iof Puritan ancestry and his mother was
Ean intelligent, refined woman.
Jay Gould was remarkable for the Gre
tstion of colossal fortune of $50 ,000, 600
kDr more; remarkable for the methods he
employed to create this wealth, and for
the stirring and dramatic events in which
bis life abounded; remarkable for the
extraordinary power which for many
Eyears he exerted in the world of specula.
ktion and business; remarkable for the
stirring contrasts of his character, for
Ethe purity of his private and for the au-
Idacious and unscrupulous daring of his
public life; remarkable for the frailty
and timidity of his physique, and for the
courage breadth and pow er of his mind.
His rise in the financial world is well
known to the public. His methods of
Iaccumulating his great fortune caused
him to have many bitter enemies. A
wall street estimate of the known hold
Iings of the dead millionaire is as follows:
Western Union, $22,0OO,O 900 par value,
worth about $19, 900, 600: Manhattan Ele.
waited, $10, 200, 900 par value, worth about
slS, ,0O0, 600; Missouri Pacific stock $780,
600. 900 par value, worth about $780,
1000; Missouri Pacific junior bonds, $12.-
EOOO,O 900 par value, worth about $9,600.-
1000; other bonds, $4,000, 900 par value
worth about $50, ,OOO, 900; total, 4.OOO,-
600 par value, worth about ST., 1000
From various sources it has been
learned that Mr.. Gould's will, made
three years ago, will dispose of the estate
in this fashion: Each one of Mr. Gould's
Esix children will receive absolutely
s.. .0O0, 900, and the remainder with the
exception of few beQuests, will be held
in trust or permanently invested, the
income to be shared alike by them.
Mr.. Gould has three sisters, two of
whom are Mrs. Northup and Mrs
Hough, and brother, Abraham Gould.
who is an employee of the Missouri
Pacific Railway Company. None of these
relatives are very well of, and it is
likely that they will be literally remem-
bered.
/ Mr.. Russell Sage said: "The estate is
fully protected by the terms of the will
1t is my belief that the estate will re-
main intact until Mr. Gould's two minor
children come of age. Mr.. George Gould
is already rich man. l think the
entire estate is worth about 800, ,000, 900.
A gentleman who knew Mr.. Gould
very well said: From what I know of
Mr. Gould l believe he drew his own
will. He was naturally secretive man
and any important undertaking he kept
to himself as much as possible. Many
OF his interests have been in charge of
his sons and Of other persons whom he
could implicitly trust"
The funeral services were held a
MIR. Gould's late residence on Monday,
the Rev. DIR. John r. Paxton, of the
West Presbyterian Church, where Mr..
Gould was pewholder, officiating. The
remains will rest beside those of his wife,
who died Jan. 13, 1889, in Woodlawn
Cemetery, in a mausoleum of Greek
architecture, which Mr.. Gould had built
at a cost of 100000.