The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1901-02-02
Looking 10 The Establish
msat OF a TranScOnti
mental Railroad Under
one Kead==UniOn Pacific
Gets Southern Pacific

l'l tom ne" iork Ahys
New York Feb Another raii
rood Transaction. reaching H is believed
mueH raf'her in us ut.naie rcsa.lg than
AVS ~ ho d,aia which have thns nr
marsad tho closing oi the 1id tnd ihc b..
E6'na nf tho mes century became kaowa
yds. "a fep nHiu.as boiost lho c8snt af
fbn mifkei tha afternoon. when tno .ffa.-
scr I'd he coulr0l of he sonhem Pacific
int he hands So avniirat. m vhfl.
rnna rinaa innr,si predomnste uas
announced
T.t fan4attioa Derpi.trs h ha Hnk
ro.tesafg fnr iha esiabi sament 0f p frl...
tnunenai railroad under lne.o a-
troll rms control . AL present s.ste. in
j. b arrman.
rhe now rouia neudls ue following
ilnes in au of which. escept tae sorh-
ern paciGr. ar flarrIutn is onionit oon-
nooled arimr at sin Frauaseo. runs
ming over ths Cnua pacihe end of tha
Southern padna direct 10 0tlen theaee.
FIRST over tho Union p.cac ta kansas
Cnv and fhencs over the Chicago and
Alton fo Cblcafo or second over tho
Union paclne 90 Omaha and thence over
tht Dubuour and sioux cay branch of tho
Illinois Ceeiraf direct 10 Chicago whore
the baltimore ana ohio connects diroci ,o
ihe Atlan,ic eahoard
T1Fs control of "a. Southern pac,He lust
afansnefel .lnciides tho ares holding
eonir5red by snovof & Goa and also the
huntington hoidine. The price secured
~ fher. ho,dins h not Known
1ama, spayer. when questioned would
moae only tte foiiov4ag concise afatr-
meut.
owe have received satisfactory ofor
Ger ou. holdings of Southern Pacific
staek ana have accented it"
From re,,abIr source. however II may
he rtatcd tt.,t The holding OF the Iiunt-
ife4on eetate in the Southern eycnc
NO. hesn asonlrea b, The same Interests &
which pnr,hased M speyer stock and
that thc two blocks In connection with re-
cent purchase IN the open market. which
harc been responsible for tho sharp adj
vance IN southorn Pacific securiaes. have
given the parchasers working control Of
sho southern Pacific company.
The siatomcnt tha, Union pac'nc-Harri-
man interests predomirate IN the syndi-
cate may D. made on authority The SYM
dieaie Is composed I'M che first place, Of
the capitalist who have been behind +.
n Hartman including Kuhn. I.oeb and
eonnany whom q viii be recalled have
Yer, clos. relations with the Pcnnsyi-
Vania railroad Interests ana second, thc
Rockefeller interests represented by the
National city bank
There is good authority for the saying
that the Huntington stocks were secured
somc wceiss ago. Tho amount az such
holdings Is not matter ~ public Nno~i-
fdgc 1hoy wcrc' peQueoihed by VI.
Huntington. Mrs Huutlugton received two
thirds ana Henry Edward Huntington one
third. suhicct fo ihc~condition thst such
shares should not 90 whole or IN part
he dlspospd of during ihe ihe OF either'
except with me consent 90 the botn sue0
lfgniccs or Use survivor of them
About one year ago-bcfore the death oi
plrl Hnngewon what was known a.
me speyor-uGuhnsion syndicate acqmr-
td according TO published reporis iho
Crocisel holdings par value S90M0aQ the
Stanford hoi0ing. $4,000 ooo. and the Hub
bard hodings. S2Dpoooo Il was also re-
ported at the u that ,he syndicate had
purchased AL searles holdings az S2b,OA r
clo, but thk, wes subsequently denied AZ
tha last annual meeting OF the southedn
Pacific Mr.. Huntington votea mine-tenths
81 the stock. which Included the proxies
of speyer 4 Co, and their friends.
rhe total authorized stock OF the soulh-
ern paciac b 100000 900. Including Sei. g7i
700 exchanged In 1879 for Central Pacific
etocks The Southern aPclac company
owns no stock IN foe but principaily
through ownership OF stock ana parly by
lease. Il operaies a great system OF roads
extending from san Francisco h New OF.
leans. tthence by company's steamers to
New York. etc..) ard 10 Portland. oregon.
and 10 Ogden Utah. with branches
m, hnpo,taote of tho new deai grows
when Viewed in connection with tl,e ~
soaiion IN Norersber iast bv tho sontbsrn
Pacific OF ne paciGc Nnu steamshin
sompany win its Immense mower ON the
paeidc coau Tho acauisitiou az pe
soathetn p,cioc 4 mereiy nnother move
IA tbe eommynity IN Interest," no,lcv ,cbleb
has aircsdy occurred sueh "a vast hold on