Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-04-30

c. 2N.N. NAY B|JYU.P +.
Northwestern Interests Trying
to Secure Control Of the
Union Pacific.
Big Blocks Of U. P. Stock Bought
by Holders Of the North.
western.
vanderbilts Anxious to Secure
Consolidation OF the
Two Lines.


New York, April o.Indieations OF an
impending change in the control of the
Union Pacific railroad were so strong
yesterday that members Of the present
management acknowledged their signi-
ficance without any quibb!e,
There was the strongest kind of be-
lief in Wall street a, the close of busi-
ness yesterday that tiis recent enormous
purchases of Union PacifieN stock in the
open market had been made chiefly in
the interest of the Chicago & North
western railroad, and that the control
IS to passsto the latter road. This cur
rent talk is given below in some detail,
but II may be prefaced with the state
ment, from quarter that ought to be
Wen informed, that it is all wrong, and
mat Union Pacific is not 10 he control
LED by Northwestern, All the street is
certain of is that something is afoot,
just what it wouldibe glad to know.
The sales of Union Pacific common and
preferred. We're 100000 shares and the
price Went up from 1903 To 100
y ~ Hartman. the chairman of the
board Of directors. could not be induced
10 make any statement, and other rep-
resentatives of the company declared
that they We're absolutely in the dark as
70 What was going on.
brokers frequently spoken of az
~ a!sterbilt brokers, bought Union pa
cific shares freely and there was very
neaSy buying on orders from Chicago.
IN tact the western buying has been a
notahle feature of this Union Pacific
nl aveiilent for the past Ten days Some
Dig Wall street houses have been cred
ltea With having executed large buying
.oIaers IN Union Pacific for Marshall
2rieid Of Chicago who is a director and
Very potent influence in the Chicago.
d Northwestern road. Other purchasers
u mon racine shares are said TO be
southern Pacific shareholders who are
not affiliated With the Hartman svndi
- ., and are con seduently in the minors
ny ~ me management OF the Southern
1 aeiiic sss'lsin. There Vas also heavy
ING oi southern Pacific shares yes
% 49,, .iis 'o'a Tor the day exceeding
.90.esV shares. at prices rising from 53l.
=
-, ms " we common report. the
!, .,.1,is INTERESTS IN the Chicago
-, s'iMeses.h company are disposed TO
- we entire Union Pacific sys-
- ,''ia s I'd nice either . or . per cent
..is shares OF lhe last named COM
N.oiie'oi 81 .ne Union Pacific, UNI
s., .oi..ia.ioi's. VIII carry with
-. -. - - y me southern Pacific
:, ',u,i q eoh,pihation as IS talk
-. 49, -, ei',piaes more than 29coo
~ ',e. sAaai'ionai interest
80 81 usai mas psen excited in
80 y siirs peilel .na' control
.'1ost aS,iist' STOCK mas been
y tes.sa from the Hartman
-, :, - Mt'.''' ostis recently com
.l''oii racine ana southern
fAos VA Information is
..,' g - esaraahe ,he reia-
.'i.aii ss'iiicase !" the
~ ~ SAioH racine
nj.
~ stern Is one 81
. Taliroac sys-
y. s'i's 10 !, OWNS ana con-
80 = '"'us 49, iiliies ol iihes large
!, 10 -, = tiis stock ls peileVed 10 be
-. =. s'fe Msss'' ana Snlcago capital
80 NtV aie 'eaNiiy Interested N the
- uisis .asiiy that y IS
''i',-' DIV - ,. Siii' ne dominating m
y sns saliaerpli's n chicago
:, oi ~ sesi'' hoWeNer Is indlcated by
- ~ .t,al w i'iiaili y. Nanaerplit,
: e.is' = w. y atderplit, = NJ. Depew,
all of the Nav oYrk Central hoard are