New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-03
ESTIMATE OF HIS FORTUNE.
BELIEVED TO HAVE HAD SlOO,OOO,Ooo.
NEARLY ALL HIS PROPERTY WESTERN UNION

NEARLY ALL HIS PKOPLNl1 WI~SIEisN INiN-
AND RAILROAD HoLDINCe.
There j. considerable divergence in the opinions
| of men who are acquainted with Mr.. t'oulds al
fairs as to the value of the estate which VIII IAN
TO his heirs Although his investments nave pccii
known TO he in certain distinct lines the retlc'hce
OF Mr. Gould with regard to many OF his trans
actions has left a considerable margin between
maximum and minimum estimates. The character
of MANY of the securities which are his Is also
so unsettled that there is for an extreme
ranEc of estimates First In the list Of his invest
ments are Western Union and Manhattan. and
there is little doubt that his holdings in Thesis
TWO properties aggregate from $35,00O0OO 10
$40 900 600 market value or Missouri Pacific
stock he may have held from S0,0OO,OOO 70
81 900, 900, and ut current prices the value oil
his holdings of this property probably rcachcd
50. O0O. 600 The Missouri Pacific system Is -
complicated with bond issues that II is difficult
even for his friends to make n trustworthy guess
rs 20 his possessions OF the various issues OF bonds
Counting in the 81. Louis and Iron Mountain
issues the different bonds Of the various lines
embraced i'm the Missouri Pacific system and the
consolidated issues on the system were held ty
Mr. Gould 70 the extent Of S20,000,00O or more
in market value. He was credited with holding
about 100000 shares OF Western Union stock
At the recent Stock Exchange figures the val""
of these two interests may le cons"rya'v"y
placcd a, $50. 600, 900 Mr. Gould's investments
in Wabash are large but their market worth IL
| not commensurate with the par value. II would
be generous estimate TO place these holdings at
value of S1O,O00.OOO. The same amount may rep
resent Mr. GOBld's holdings OF the securities oi
the Texas and Pacific Railway. II is difficult
10 ray how largely he was interested In tnion
Pacific securities, but he was holder of about
:, 900. 900 collateral trust notes OF the Union
| Pacific, taken NJ tccuiity for money advances.
Mr. Gould was never known as a large investor
| in Government bonds He is said, THOUGH 10
have subscribed literally TO the dcbonturc bonls
| OF the Ncw-York Central mass OF misccl a cou-
securities must b. counted in the aggregate iuclud
ing bonds Of coal properties on tie lEc Of the
| Missouri Pacific Southern ventures and Il host
Of bonds and stocks Of varying degrees Of worth
and promise
The possessions Of Mr. Gould at Irvington-on-
the-Hudson and his home in this city may b.
estimated at Sl,COO,OOO Far moro than this
amount has been invested in the two properties,
the decorations Of the Fittl-ayc. house and the
extensive conservatory alone commanding the
expenditure of important sums. Ii il also said
that Mr. Could owns considerable real estate in
tho West. lie Is understood 10 have considerable
property in 81. Louis which is productive, and he
is believed TO have made purchases Of improved
property in Chicago after the Worlds Fair enter
prise bccame assured OF success But much Of
his real estate Investments in Texas and other
parts OF the Southwest, and in Southern Cali
fornia, is Of Il nature that does not yield immediate
returns.
There IS an agreement among several men who
have means of estimating Mr.. Gouds wealth that
its aggregate value may he placed around 81 co.
| 100000. few estimates carry the value higher,
while the conservative Wow would put the sum
at S8O,OOO.O00 or SOo,00O,00Q. Russell Sage
| estimates his friends estate at SlOO,OOOOOO,
| but WASHINGTON l.. Connor is said 10 have placed
! his estimate at a considerably smaller figure.
Another man. who has some knowledge Of Mr..
Goulds affairs, said yesterday that Mr. Gould
had an annual income Of S5,000,000, and that,
| considering the character Of much of the property
| held by Mr. Gould, IL was safe 10 say tnat this
| income must be- based principal oil 100000
J 900 or more Allowing for the difference in cSti-
mates made by those persons who should know
| the facts it is believed that tho following table
| urcscnts 10 AZ close degree az il possible the
| current value of the Gould estate and Of its
| principrl constituents: