Show ffl RAILWAY CIRCLES Goulds Idea of the Western Traffic Association THE MEETING WILL BE PEACEFUL Jay Has Not Been Selling Stocks but Buying All He Could lay His Hands Oq NEW YORK May 41n a talk with a reporter re-porter today Jay Gould says he thinks the meeting of the Western Traffic association Wednesday will be a harmonious one I is quite possible the question of joint agencies agen-cies will be seriously considered The association ho says should prove a powerful pow-erful influence for good and the object of its future actions should be strong Its formation caused a turn in the tide and undoubtedly un-doubtedly averted a panic Mr Gould said his trip to the west had made him feel very hopeful He found the crops in fine condition and prospects generally encour aging He has not sold any stocks on tne contrary ho has been an extensive buyer and at no previous time in twelve months has he held so much stock as now I is impossible to say whether we shall have active money this year But money will be comparatively easy until late in the fall and oven then wo may not experience the slightest stringency especially if Europe buys our breadstuffs and there are more than reasonable prospects that ft will He feels convinced matters are on the mend and repeats his belief that the present pres-ent is not simply a bull movement but that the year will be a dull one President Huehitt of the Northwestern road thinks theWestern Traffic meeting will bo a peaceable one The railroad companies I com-panies arc a unit on tho question of maintaining main-taining rates and doing business on a sound basis |