The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1892-12-03
Mr.. JAY GOULD IS DEAD,
The Most Notable Character in the
Financial History of the
Country
Prophetic Foresight and Genius
for Calculation That We're In
deed Remarkable.
Story of the Rise of IL Poor Boy to the
Wealth of Crmsns-His Last
Illness.

Illness.
New York, Dec. 2.-Jny Gould is dead.
He bteathed his last at 9:15 this morning,
surrounded by his children, at home. There
were no signs of pain. and he was conscious
until few minutes before he died. short
time before he passed away he called his
children. one after tho other, and bade
them long farewell. This done he closed
his eyes and was dead almost before his be-
loved children realized it was death.
Gould's last illness dates back two weeks,
when ne took cold while driving AZ u re-
sult his already enfeebled constitution
could not withstand the slight aiment. lie
began sinking rapidly from an early
hour last night. After an attack
of coughing he became unconscious.
and then it WAS that DR.. Mum
and DIR. Janeway recognized that the end
WAS near. He seemed to rally just before
seven O'clock, but 1t was not until nine
that there were evidence of returning con-
sciousness, when he bade tho members Of
his family farewell. and they with DR..
Mum. were at the bedside when the end
grief. Miss Helen Gould was ill when her
father was taken sick and the blow comes
upon her with terrible force. The members
Of the family were very much devoted to
each other. Gould always has been very
much OF domestic man. notwithstanding
the enormous weight of cares from gigantic
financial operations, and the death of her
father 80 shortly after the demise of her
mother comes with the added force of
affection.
The general feeling in Wall street was
one of SURPRISE for 30 many times has the
| report of his death spread. to be CONTRA
dicted as soon as certain effect in stocks
had been produced. No later than yester-
| day was the old trick played, and it had
become like the cry of wolff when there
was no wolf. and at length the truth came
to them as an unexpected thing. Regret
also, quite unfeigned regret that the IA
nous miilionaire's career should close when
he was only 81 years old, seemed to be felt
by his old enemies as we'll as by former as
sociates. Wall street never shared the gem
eral opinion of the maQnate. that he was
too herd, too cRrasping even for Wall
street, and admiration for him or enmity
had not blinded them to the great qualities
which made him the most wonderful tnan-
cer the country ever produced.
For the past two years Gould has been
disposlng of many Of his small holdings,
and to-day his stock Investments are in
compact form. An accurate list of COM
panies in which he WAS heavily interested is
as follows: Western Union, Manhattan
Elevated railway, Texas Pacific. Missouri
Pacific, International d Great Northern.
Besides these ompanies MIR. Gould was in
terested to some extent in minor companies
of the Southwestern system and Western
Union, but he was engaged in getting out of
them and putting his sons into his place
there, preferring to concentrate his holdings
| in parent companies.
! Many guesses have been made in regard
to Jay Gould's wealth and the disposition
to he made of his immense holdings of
securities. One of his closest associates
and Oldest personal friends said, IN regard
to this matter: "Mr. Gould's wealth will
100000; about $40,0O0,O00 in Manhattan,
Western Union Telegr raph and Missouri Pa
citic stock. His holdings in these three
stocks are trusted and will not be sold. His
other securities will be taken care of by the
same interest which has had charge of them
that Gould held $15, 100000 of Western
Union stock anu S20,00000 of Elevated
stock. 1he Gould family tomb in Wood
lawn cemetery cost 500, 900 The mausoleum
is IL copy of the Pantheon, built of granite
and cost 100000. Engines on the Sixth
Third and Second avenue elevated roads
were drnped in black on account of Gould s
death. Other appropriate steps were taken
to-day by the heads of various organiZn-
tions with which Mr.. GoHld was promi-
nently connected. Flags were dying at
half mast on the Fifth avenue, st. james
and Albeinarle hotels. DIR. Mum. Gould'l
physician, remained in the house until late
in the evening. 1t is understood there il
some anxiety felt by other members of the
family about Miss Helen Gould condition
DR.. Mum said he felt some uneasines
about her yesterday, and it was her illness
that caused him to remain in the house. HI
hoped. however, that she will be able t.
attend the funeral services in the hous,
Mopdav.
The direct cause of Gould's death was
pulmonary consumption. The world
famous financer became unconscious ant
his strong master mind ceased tho battle
for lite and it became merely question o
hours before dissolution. The members oi
the family gathered disconsolate at tht
bedside and tearfully admitted the hope
lessness of the situation, and began their
vigil, which only ended when the breath OF
life left tho body. Drs. Mum and Janeway
agreed that nothing could be done bu
make the patients last hours ms oomfotta
bic as possible. All the members of the
family were present when the end came.
The fact OF his death WAS known befor'
the opening of the stock exchange. Tn,
effect on the stock market was less marked
than was expected. Missouri Pacific de
cIined only ] u to 81, Western Union onl'
three-eiChths to So, Manhattan Elevated
one half to lbs. and Union Pacific one-h Il
to 3524. These are known particularly n
Gould properties, to which he paid specia
attention.
After Gopld's death all the blinds in tht
house were drawn down. News of hi
death WAS learued from y messenger sen
by DIR. Mum to telephone the fact to hi
wife. c. L. Huntington was among thu
early callers. He remained but few min
utes, and when he came ont could adt
nothing except the confirmation of hi
doath.
j. 4. Terry. one of tho directors III the
several Gould properties, says Gould told
him that ho had disposed OF his holdings
in the Manhattan, the Western Union ant
the Missouri Pacific. the three stocks II
which he was specially Interested, by put
ting them in trust 80 they could not bl
sold. lt Id believed that he has had his
financial house in order for some time
Prominent bankers believe his death vii
not have much effect on the market eithe
way.
The news of Gould's death spread quiokl,
aud nll who passod the house stopped mn,
looked at it. Messages md callers beohm