The times. [volume] (Richmond, Va.) 1890-1903, 1892-12-03

| ~NH4N Al oht w tStein Union ana Aanhdtldil
STOCK and on his investments in bonds
has been about 100000 year. and has
! probably exceeded that amount.
In appearance Jay Gould was a little
man, or slight weight and build slightly
Dent shoulders and sharp piercing eyes
! looking out from a cOuntenance whose
| outlines were expressive Of the quiet but
| Intense nervous energy which could on
occasions be called into action. He wore
! a full beard and dressed unostentatiously.
lie married, shortly after going 10 New
York city in 1856. Miss Ella Miller.
| daughter OF wealthy New York citi-
zen. and had FIVE children, three sons,
| George j., Edward and Howard and two
daughters, Miss Helen and Miss Hannah
| Gould. His eldest son, George. who sue
| ceeded to most of his fathers business
| interests, was married about six years
ago TO Miss Edith Kingdom, and has
several children. The next son, Edward.
married a daughter Of Or. Shrady. The
other children are unmarried. In politics
Mr.. Gould was a Republican.
Mr.. Gould was an attendant Of the
Presbyterian church on west Forty-se-
cond street at which Rev. John r. Pax
ton, d. D., was pastor. and was privately
quite liberal in his support OF It, though
not member Of any church. His fond
ness for flowers led him TO make excel
lent collections Of chrysanthemums and
orchids and other favorite plants at his
handsome country home, at Irving-On-
Hudson. His conservatory cost over SlOO,-
OO). Mr.. Gould also INDUCED in yachting
and had built for him the handsome
steam yacht Ataanta and became n MEM
Der Of the American Yacht Club. He was
not a club man. and took no interest in
social affairs.
rrh h. V4nf1 10. n hrx- of hn n
politan Opera House. he was seen there
but rarely. lie attended the theatres
at times. but not with any regularity.
He never, so far as known. expressed
any high appreciation Of high arts. of
music. the drama, or literature, although
he did write history Of Delaware
county that IS regarded with favor by
collectors Of rare and curious books.
In the main, Mr.. Gould lived more
plainly than many men whose income is
less than $4,000 a year.
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 him, and did II with a
free hand, as many know Then Mr..
Gould gave in addition TO those societies
that are organized for the purpose Of
relieving the needy.
A few years ago, when Mr. Gould paid
v
Potomac on his yacht. he paid a visit
10 Mount Vernon, which impressed him
so deeply that he gave the regents assO-
citation his check for the money to pur-
chase land needed to extend the estate
to its original dimensions.
No man was more simple in life or
habits He often said that he could
never dissipate, even If he wanted to-
for he was so constituted physically that
he COTild tobacco take ipfoXi-
eating liquors. Even in his most active
days. when he was constantly at his
office, he would take but light breakfast
consisting mainly Of eggs and rolls.
Mr.. Gould's Properties.
NEW YORK, Dec. 2.-An important
announcement i'm reference to the Gould
interests was made this morning by Mr..
Washington T.. Connor who was until a
few years ago a business partner of Mr..
Gould, and is therefore well qualified to
speak.
Mr.. Connor said: The bulk OF Mr..
Gould's property has been placed in the
hands Of trustees, thus effectually tying
up his interests I'm such corporations as
Manhattan. Western Union and Missouri
Pacific This will, OF course. prevent the
Goulds' interests being divided or the
stocks going on the market. Mr.. Gould
has not been active I'm Wall street for
some years. For two years past the
practical management of his affairs has
been in the hands of his son George Mr..
GOuld's death does not change the intrin-
sic value Of his properties one iota."
Effect of Mr.. Gould's Death.
WASHINGTON, Dec. 2.-The death OF |
Jay Gould was a universal subject Of |
discussion in official circles this morning, |
and among the Treasury officials especial |
ly it was a matter of interest.
Secretary Foster voiced the opinion Of |
the administration when he said that
Mr.. GOuld's death would have little or
no effect on the money market Of the
United States that his death had been
and the fact that he had
withdrawn from active participation in
Wall street for several years could not
now disturb business.
LONDON, Dec. 2-The announcement
Of the death Of Jay Gould was received
here a few minutes after ii occurred. 1t
had no marked effect on the stock market.
Union Pacific shares sustained a frac-
ional relapse, but recovered Immediately
Afterwards.
NEW YORK, Dec 1.-The death OF Jay
Gould was generally known before the
opening of the Stock Exchange, and
brokers' and traders had full opportunity
o prepare themselves. The effect on the
market was less than expected, Missouri |
Pacific having declined only ! 5-S 10 54
Western Union only 3-S 10 IS: Manhattan,
. to 12S. These are the stocks known
Is the Gould properties, and Mr.. Gould
las devoted his attention I'm late years
o their management to the exclusion Of
verything else. Union Pacific, another
property which he again took up about
year ago, fell off ID to 30 3-4. The gen.
raj market was steady to firm.
Effect of His Death in Richmond.
The news of Jay Goud's death was
eceived with little surprise in Richmond
yesterday morning.
The Times announced in it's morning
ssue that the Wizard of Wall street
vas unconscious, and for the past few
ays there have been reports from New
'ock which led to the belief that Mr..
iould would never recover
Mr.. Gould passed through Richmond
everal times. but only on one occasion
id he leave his car.
1t has been reported Cor several years
hat Mr. Gould was the owner of Rich
lond's street-car system. The officers OF
he company denied this. but it was be-
eyed in financial circles that Mr.. Gould
aimed control of the company's bonds
soon after the death Of Maurice B.
lynn.
W hen the car system in Richmond was
eorganized Dr. John L. Mum. Mr..
oulds personal physician, was made
resident of the company, and Is to-day
The company is bonded at 81. 500, 900, and
lille Gould may not have owned any
tock. the Gould people, IL is under
ood, owned the bonds. from which they