The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-11-09

money Of interior banks are withdrawn and
are put out on the order OF the real owner
OF the money
The inference deduced from the policy q
the Rockefellers ln selling their stocks Is
that they may furasee lower prices and
as heretofore. they Intend to nut them
serves IN a position TO protect the market
II need be, In case Of break The stand.
ara on people rarely 80 short OF stocks
but they may use their mysterious power. II
they see ~, to let on prices a bit In the
bharp break OF nearly three years aRo they
are credited with compelling a certain trust
company TO call In loans made to prominent
individuals Call money ran up to 1856 per
cent anu down came stocks with a rush
IheSe giant hnanciers eat present have no
important combinations TO close up, as ia
the case with some prominent bankers SO
that meters not to the former what
Those who watch the financial situation
ctrctully Keep an eye out for signs aH TO
What the Rockefellcrs are doing and gauge
lhelr operations accordingly. This is one Of
those mtments when every move ~ tbe
standard on people Is followed with the
keenest OF interest John d. and William
tS",i, Sno Sfe pernaps worth between
them Sop'COOOO' The influence Of such
able. - % '''H''' uu''nc'i'-
MORGAN GOES AWAY EARLY
j. Perpont Morgan. meanwbIIe stiu has
some large irons in the dro. but Is arrang-
ing TO take them out as fast MS they are
IN condition 20 be removed and TO be dis
posed Of. Confidence is felt that he viii
atecr the financial situation safely throuyh
the shoals OF international trade balances
aud VIII see that the debts OF this country
are removed for some time 20 come II
became known today that Mr.. Morgan
N".la 20 ABROAD early IN January, SO as
70 be IN better position 20 control the
foreign money markets. as far as they nfpct
the United states. lie has generally wait
mt ii ~ In M D.
Ing his headquarters 10 London N =
en9nge or base Is considered as very sie-
hihcant. some asserted that Il might have
somtthlpg "a do with the controversy oyer
the London tubes" but this was denied
II relates 70 the extension Of loans In con.
nection with syndicate operations ana 10
t ,Ill anhlrs OF the steamship aud steel cor
Mr., Morgan has plans for more Intimate
Felution between the domestic and forpign
steel trades, IN order 60 place the surplus
hlouuets o. this country abroad with The
least possible friction. He will Give nnrb
OF MS time while abroad to harmoniztng
me foreign steel companies and proving T.
them that II for the interest OF an vi -
operate, He win also work on mans ~
the extension 81 the Atlantic steamshIp
combination. perhaps arranging FOR mo
iilueh tpiked ~ reilroad connections with
ll''unstl ufing centers. such ms Manchester
md hiimiI CHAM He foresces the rcces.
~ on sech preparations 10 take care ~
esne overflow or products IN the T'nltci
states the clearer II becomes thnt tho
tuppy u y pidly approaching the 7emand
OF exceeding It In some branches ~ the
MORGAN HAS FRISCO.
Is now regarded here as prncllcamy |
certain that Mr. Morgan has secured such
an interest In the ST. Louis aud san Fran |
cisco railroad, either personally or through |
his friends. that he will be able TO cheek. /
mate any sfzoEt on the part Of the rivals