The San Francisco call., 1899-09-21
GEORGE CROKER
WILL NOT ADMIT
THE LARGE DEAL
The Speyer Buy Is
Still a Mystery.
CONFIRMED BY INDICATIONS
EVERYTHING POINTS TO A SUB
SANITATION.
Il. E Huntington Will in All Likeli-
hood Be the Supreme Power
in the Southern Pacific
Company Here.
CONFIRMED BY INDICATIONS
EVERYTHING POINTS TO A SUB
SANITATION.

Notwithstanding the secrecy maintained
by the Crockers at this end Of the South
ern Pacific COmpany's line and the close
ness with which Speyer keeps his lips
shut at the other end, it is generally ad-
mitted in the big yellow building on Mont
gomery street that the Crocker interest
will soon exist only as a memory of the
past and that huntington will in truth
be the Southern Pacific.
The report that the transfer of stock
has been made and that the price paid
by Speyer was $13,000,00O is considered
very premature. 1t is believed that the
deal is on, but it may be many days be-
fore 1t is consummated. and the price
which will be eXacted by the Crocker peo-
pie no man can say-or at least the only
men who could say are Crocker himself,
SpeyeE and Huntington, and they persist
in remaining as mute as the proVerblaI
clam.
Pacific Company comprises some 100000
shares of the capital stock and is jointly
owned by George Crocker, W. II. Crocker,
the three children of the late Colonel Fred
Crooker and Mrs. Hattie Alexander of
New York. These shares at the present
prices would be worth between $1,000 900
and $ll 900 900. This is considerably less
than the reported price of the gale More
over, huntington, who, 1t is almost GER
tainty. is the man for whom Speyer is
acting, is not the one to pay more
If he misses the exact mark at all II is
pretty sure TO be on the under rather than
on the over side of the line.
When seen yesterday George Crocker
refused absolutely to give any information
either one way or the other. To all ques-
tions put to him his one answer was: If
there mas been any such deal as you in
quire about, Mr.. Spey er, taking your ques-
tions for my authority, is the man who
made the purchase. Therefore it IS to
him you must go for the information you
hn ar ny
all day, and each one of them has re-
ceived the same answer, and that is the
only one they will get from me-"
Mr. Crocker was then asked to deny
the story, which he refused to do, and all
questions pertaining to his future position
IN relation to the company, of which he
lutely declined to discuss, saying that his
answers might be construed into a reply
TO the first and. all important one.
However, his demeanor was such that
a man after talking with him a few mo-
ments could not help leaving with his first
suspicious of deal having been strength
Every, other member of the family
as well as every director and of
tcer of the company acted in
The the same way. They all re
sale being in progress, but their denials
were practical admission of the truth Of
the report, so weak and confused were
they.
There is one thing upon which there
can hardly be any doubt. If the sale
does go through it will be found that
Huntington is the man for whom Speyer
is acting, Hardly any one else would
think Of investing so heavily in a concern
in which he would not have the con-
trolling influence or taking such an i'm
mense block of stock which IS not paying
anything very remarkable in the way of
dividends, particularly when so many bet
ter investments can be found by one hay-
ing so much capital lying idle.
Huntington's purchase of the Crocker
interest means that Huntington, and
Huntington alone. will be the one power
in the company. True the Stanford inter
est is still there, but it will be nearly
secondary so far as any influence 1t may
exert on the policy Of the road is con-
cerned. The man who in all probability
will be selected to represent the master
mind on this coast will be H. f. Hunt
ington, who, Notwithstanding reports to
the contrary, is on excellent terms with
his uncle and has the old gentleman
confidence, as far as that astute f1nancier
extends 1t to any one.
NEW YORK. Sept. .20.-The Tribune
says: The purchase from the Charles