, 1892-12-02
JAY GOULD is DEAD.
The Great Millionaire a Victim OF
Consumption.

All His Family at the he'd side OF
the Dying Man-The Effect OF
His Death on the stock Market.
other Details.
NEW York, Dec. 2-Jay Gould died al
9:15 this morning. The direct cause Of his
death is stated at the house to be pulmon,
airy consumption. The world famous fl.
nancier became unconscious and his strong
master mind ceased the battle for life and
it became merely a question of hours before
the dissolution. The members Of his fam.
/ lily gathered disconsolate at his bedside
tearfully admitted the hopeless situation
and began vigil which only ended when
the breath of life left his body. Drs. Mum
and Janeway agreed that nothing could be
done but make the patients last hours
as comfortable as possible All the mem
bers Of the family were present when the
end came The fact Of his death was known
before the opening Of the stock exchange.
The effect on the market was less marked
than expected. Missouri Pacific declined
only 15S to a. Western Union only q to
S5. Manhattan elevated = to 1.2S. Union
Pacific = to 35A These are known par
ticularly as Gould properties to which he
paid special attention.
AFTER DEATH.
After Mr.. Gould's death all the blinds in
the house were drawn down. The fact of
his death was learned from a messenger
sent by DR.. Mann to telephone the fact TO
his wife. The house was locked and no
information was obtainable from the men,
bers of the family. @. p. Huntington was
among the early callers. He remained in
but few minutes and when he came out
could add nothing except the confirmation
of mis- death.
]. T. Terry, one of the directors in sey-
eral of GOuld's properties says Gould told
him he had disposed of his holdings in
Manhattan, Western Union and Missouri,
three stocks in which he was especially
interested by putting them in trust so they
could not be sold. 1t is believed he has
had bis financial house in order for long
time. Prominent bankers believe that his
death will not have much effect on the
market either way.
DEALING in STOCKS,
Dealings in stocks were attended to by
comparatively little excitement after the
first ten minutes of business and the room
presented no unusual appearance. The
sales up to 10 80 have often been exceeded
when there was nothing unusual to stimu-
late business Even Gould stocks were
only moderatively active. The Missouri
Pacific was rather weak, for after rallying
"a to 55 slid down to 63% loss 13l. Com
pared with last night Others were stronger,
Western Union advancing from 80 to 86
Union Pacific from 35% to 36sI; Manhatta
from 12816 to 128%. Other leading shares
yielded only fractiOnally as a rule At II
o'clock the market was steady notWith-
standing the engagement of a million and
a half gold for shipment.
HIS LAST MOMENTS.
Howard Gould says his father retained
consciousness 70 the last. He knew he
was about to die and just
wished to have all the family present.
He appeared satisfied to find all there. He
passed away quietly. DR.. Mum says he
became speechless through weakness Just
before his death. He recognized the mem
bers of his family by nodding his head. He
will be buried in WOOdlawn alongside of
his wife.
THE NEWS SPREAD.
The news ofGOuld's death spread quickly
and all who passed the house stopped to
look at it. Messages and callers became
frequent after 10 and at l0:30 the under
takers wagon drove up and a casket was
taken into the house. Rev. DR.. Paxton,
Gould's family pastor, said his death was
perfectly peaceful; that Gould was per-
tectly conscious TO within a few minutes of
his death. The funeral will take place
Monday, but the hour is not yet fixed, and
will be held at the house. 1t will be con-
Quoted by DR.. Paxton, assisted by Chancel-
lor McCracken, of the University of New
York, and Rev. Roderick Terry.