Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1892-12-08


died at his home on 41th street and Fifth
avenue at 0:15 this morning. The cause of
his death was pulmonary consumption.
Gould never rallied after be had hemorrhage
Of the lungs on the day before Thanksgiving.
He had another hemorrhage two days later
and still another last Wednesday. This an
nouncement is surprise to all but the most
intimate friends of Gould. All along 1t was
supposed that he was suffering from ner-
vous dyspepsia.
by the Death Bed.
From an early hour last night Mr. Gould
began sinking rapidly. DR.. Mum, his
physician, had DR.. Janeway in consulta-
ton, but they said that nothing could be
done but make Gould's last hours as COM
Portable as possible
When the end came the members of the
family who were in the house were Mr. and
Mrs. George Gould, Air. and Mrs Edwin
Gould, Miss Helen Gould, Howard Gould,
Harold Gould and Miss Annie Gould.
Rev. John r. Paxton, who left the Gould
residence at II 80 said that Mr.. Goud's end
was very peaceful. He called the memb ers
Of his family around his bedside and spoke
to each Of his sons and daughters individ-
ally. He became unconscious a few min
ute5 before death. DR.. Paxton said the
funeral would take place Monday.
His life for the past months has been
constant
Battle AEainst tho Inevitable,
and all means that medical skill and the in
tercst of friends and relatives could sug-
gest, were employed TO prolong the finan-
cer's life He was taken about in uxu-
rous private cars to places where milder
air and absence of business excitement might
he expected to work recuperation or his
energies; frequent reports during the past
few weeks received as TO his feeble
condition, but were denied by those near
him.
No two estimates agree as TO the amount
of Gould's fortune. The most conservative
figures place it about $50 600, 900, while
some people in Wall street figure that he
must have
Gotten Togthsr Fully 500, 900, 900.
His known holdings of securities are about
as follows: $50, 900, 600, Western Union
telegraph; so co., GOO, Missouri Pacific
and h. is supposed to hold in the neighbor-
hood of - 0OO, GOO, probably more, of the
Manhattan railway stock His holdings of
all these stocks have been larger than this,
but he sold them to either invest money in
the new issue of bonds OF the Missouri Pa
y,
these companies until bonds could be issued.
Excellent information is that he holds
about one-third Of the bonds issued on the
Missouri Pacific system, which will bs about
$50 600, 600.
His Estate II oids over So, OOo, 900
of Wabash railroad stock which shows
loss of between 81 900. 900 and S6, 600. 600.
AS long ago as 1854 Mr.. Gould was known
Ill 2 NM a.
way mortgage bonds upon roads other than
those controlled or managed by himself
Besides these items he had large invest
ments in great number of properties, con-
corning which the public knows little or
nothing. His holding OF the Union Pacific
and Kansas Pacific bonds, which have never
been stated. must be large, but it is not be-
leyed that be owned, of late years much
If any, Union Pacific stock. From the
foregoing figures, which are approximately
correc., it il easy to figure up in the neigh
hood OF So, 100000. OF late years his
Fortune Has Rapidly Increased,
owing to his enormous income. from his
holdings of Western Union and Mahattan
stock, to say nothing OF investments of
bonds. His income from these three sources
alone cannot have fallen under So, 600. 900
year, and has probably exceeded that
amount
Financial Effect of HIS Death
His death was generally known before
the opening of the stocE exchange and the
brokers and traders had full! opportunity to
prepare themselves. The effect on he mar
ket was lesss than expected, Missouri Pa
cifc having declined only to "a; Western
Union only Z! to 50 and Manhattan to
l20. These are the stocks known as the
Could properties aud Gould ha, devoted hi.
attention in late years to their mana cement,
10 the exclusion Of every thing olse. Union
Pacific, another property which he again
took up about year ago, fell or J to 1jf
Prominent brokers do notPs believe MS
death will have any Influence on the market.
John T. Terry, who has been connected
with Gould for years, says; "Alr. Gould re-
Gently said he had trusted to use his own
expression the stocks in which he was most
interested and that they could not be
sold. " The stocks referred To are Man
haitian, Western Union mud Missouri Pa
cidc,
At the stock Exchange.
Dealings at the stock exchange were at
tended with comparatively little excitement
the board room presented nothing unusual
in its appearance, either in point Of number
Of brokers in attendance or in any other
respect. The sales up to ! 0:5O a. M, were
only -, 900 listed and II, 600 unlisted stocks
totals which have often been exceeded when
there was no unusual event to stimulate