The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-12-05

Western Union.....- s2200O,0o0 sI9,I4OO-G
Manhattan Railway 100000 1900 90
Missouri Pacific SIX. 100000 $500 coo
Missouri Pacific, BIDS l50oo0oO I3,55OO00
texas Peclnc. 5,VO,OOO 10000
wabash Railway. l0,Og,O 900 I.i0o, 100
Cash and real estate. 10000 sTo0o5
Totals. 100000 s7S,s40, 900
The Herald estimates his wealth st S92. =
100, oO0; the New York correspondent Of the
Philadelphia Press places it at $50, 600, 900
10 $SOO, 900, 900. But il is probable that the
above Is nearest correct
PREPARED FOB DEATH.
Mr.. Gould had evidently prepared for his
end-that 10, In o financial way, by arrAng-
ing matters SO that his demise would not
break the prices Of his stocks and bonds In
conversation With DR.. ChAuncsy u. DepAw
q day or two ago be said 20 g reporter: "Mr.
Gould was too sharp q business man to
make any mistakes about the future. He
told me eight weeks ago that his affairs
were ail adjusted, and that. should be drop
dead at any time bis business was 60 ar
ranged that bis sons could take charge OF his
interests at once.
81 think that be was the most successful
business man OF bis time. As 70 his bein z
the greatest lnancter Of the age am not
prepared to say. There g. other men who
are considered great nnenciers."
AN IRREPARABLK Loss.n
Every one must realize said Rus
sell Sage, "that In Jay Gould's death the
country has sustained loss that is irrep-
arabic. He was universally acknowledged
70 be one Of the leading minds Of the age
No one has done so much a. he in the devel-
opment Of the resources Of the country,
and the splendid rail ways constructed and
maintained by him will be regarded as
monuments Of his genius and energy. Dur
ing the last two years. when illness pre-
vented him from engaging actively in bust
ness, be still retained the keenest interest
In the development Of his enterprises. His
far-sighted mind even made provision for
bis death, and the slight variation which
has taken place In the value Of securities
during the last few days shows how COM
plete this provision was. Though I do not
know how his great property was be-
queathed, am satisfied that the will will
NOS affect the market TO any great extent
THE BLACKLIST PART OF GoULD's CAREER.
The rise and progress and ups and downs
OF Erie are romance themselves of which
the most snlivening chapter pertains TO the
connection Of Jay Gould and James Fisk,
Jr., with its control, says the New York
Herald. Early in 1858 the contestants for
supremacy inhthe control Of Erie were
Vanderbilt, Drew, Fisk and Gould.
road for $500. 900, bu. as Wander ere
bilt had detected him in what be con-
sidered unfair tactics he procured an injunc-
ton restraining the directors from paying
the claim.
At this time there were 251, o5S shares is
sued, and on March 8 an injunction was OBJ
tanned restraining any further issue Prior to
this. on Feb. 10, the board had increased the
stock OF the road to $50, 900 shares (S45, 0Q0,-
600 at par, Five millions OF convertible
bonds we're sold to Drew. He converted
them into stock, threw them on the market
and broke the price of Erie to IS.
The bears had hoped to crowd IL down to
80. when Vanderbilt's injunction was
served, and under the enormous purchases
OF the commodore the price went up 70 70,
Drew, Fisk and Gould were acting in con-
cert, and although hosts of minor bears
were ruined this trie kept unruffied fronts.
They had prepared grand coup and lay in
wait for their enemy. Procuring from
second judge an order forbidding them to
refrain from necessary issues of more stock,
the board prepared $4,000 convertible
bonds and promptly converted them into
stock. Vanderbilt knew nothing of the
new move and had ordered his brokers TO
buy all the Erie that was offered. On
March 10 the price opened at 70. The Van
derbilt broker bought largely and the price
loaded the so 600 shares in hIocks - < nno
and 600 shares and ahout . o,cInok !, 80
whispered 20 VanderhiIt that thors.nds -
fresh shares Of Erie NOT three dsgs ia 80
on the market The nrica fall Sro,-, az 20
Il, the commodore having unwittingly
which 20 fight bimself. "Np'N "AVA
go : -
oooHD FLIED ~ JERSEY CITY.
me SITUATION was crltlchl, and Wander
OILY q. once INVOKED the power OF the court
re ornnnsn.. 00 oee1 n uisooeyeo 70 punish
formed In court nroceedings az ~ wei1 I IA
and before process oouId ba sarvad ~ .S Sne'
| he hurried with his associatas 10 IT, '. se1a
refuge of Jersev Citv II. had all ~ 49,
| and papers of the Erie road takan -
| Taylor's hotel. and mora than ,bat he "a
| from s6. 600 O0O to an OOo OO0 tha $1,000.
| of 100 900 shares Of frashlv issnad stoos
| carried over In cheats Such man SwitS
| such ammunition vera not 10 Ia dasIt ,.;,h
| in ordinary wavn Iawvsrs ~ avsrv grsJa
found Quite enough 70 do ~ 49,
supreme court ohembsrs rano w;th
charges and oounterchargea orim;rations
| and recrfminations nraw hsosrna Srie-St
| ened and rnade tarnns ,,th Vsrdarhii, ~, :.
| Jaw Gould want hodilv 10 AIhan1 - -
pared and en0inssrsd ,hronah ~ iaopia,s
| ture hin leo sIizino, tha 800 ,..1,. 49,
stock aIthonSb he con,andsd .h.t ~ a.mt -
needed no snecieI ls1;.stioo as 49, ~
| general RAILROAD act cf ISso "a. 80 u.o
powered to borrow such sums as were
1