The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-07-23
SALE OF MALLORY LINE.
Belief that Rock Island Has Made
Purchase Is Credited.
STATEMENT MADE BY n. R. MALLORY
Says He Knows Nothing OF the Runor.
Possibility OF Sale Not De-
MED, However.
ispeclal to The Post.l


New York. July 22.--The report that nego-
tiations are on between the Rock Island
railroad and the Mallory Steamship COM
pany is generally credited here. 1t Is be-
lieved that a traffic agreement is likely to
be effected that Will be extremely beneficial
to the Rock Island and this prospect had
much to do with the advance its stock made
today In the market
In spite Of the well formed opinions Of
many leading ananciers, traffic agreement
between the two companies seems to be
a most remote possibility and, on the other
hand, 1t Is very probable that the railway
at this time is considering the Mallory line
as very necessary part Of its future plans
At the office Of the line II would not be
denied that the ships of the company might
pass into the control Of the railroad.
~ know nothing of the rumors OF the
Rock Island buying the Mallory line" sa d
Mr.. II. r. Mallory to The Post correspond.
ent. but the Mallory line can be bought
1t Is only matter OF dollars and cents l
have not heard Of any negotiations looking
to that end or know Of any one being ap.
preached or the subject. but 1t is.always a
possibility. of course"
In answer to further questions he stated
that his company viii begin new service,
entirely distinct from the New York Calves
ton line. which will be from this port 70
Mobile. Il was commenced in September
and win he as frequent as The business de
mands. Nfr. Mallory denied that this move
or any other the company might make if
in the interest of any special railr BAD, and
he also declared that no agreement Of any
nd Wit hr Irl Al hot ,tl
The admission that the Mallory liuc could
be bought, coming from one Of The Nal
lorys, is significant the way the ownership
OF that company has been hitherto SO closely
guarded by II very few people aud there Is
also n suggestion in the opening OF the Mo
bile service that the owners Of the Mallory
are building a new steamship business II
event of the Galveston route passing GU
Of their hands.
report was circulated today that one o
the roads running to Norfolk with larg
Western affiliations had gained control o
the old Dominion Steamship company. TIL
rumor was denied but It shows the eager
ness with which railroad magnates are dis
playing In trying to retain control of tn,
freight that their lines bring TO tide water
ANOTHER ROCK ISLAND PURCHASE
Denlson. Texas July 22.-Announcemen
was received here today OF the purchase o
the Shawnee and Red Fork railway by III
Chicago. Rock Island and Pacific Railwa
company. The negotiations successful
concluded were conducted by f. c. MnsoI
solicitor for the Rock Island, with hcnt
quarters Mt Des Molnes, Iowa, and j
. Stewart OF Kansas city, Southwestern
agent for the Rock Island system. I'll
property purchased consists Of ,harte
franchise a part of the right of way an
leases on 10000 acres Of coal, asphalt an
7 oil lands In the Creek nation The line
ninety miles long, extending from Shawnee
o. T., to Red Ford, /, r., through some
the richest agricultural, mineral, oil an
= gas lands in the Indian Territory
This sale is taken to mean q conhrmatio
OF the rumOr that the Rock Island wi
build It's line from shawnee o. r., to Den
son Texas. Crossing the ChOctHw systel
at Shawnee. It would bC extended ON Oh
line OF the shawnee and Red Fork rOad
Red Fork. aud thence northward to col
= nection with the Kansas city line OF III
> Rock Island.
To build this line would he to split thi
n section Of the Chickasaw nation betwec
+ the Frisco and Katy half in two aud o
"A | cupy rich section of country from Den
y son to Milburn, where the line would Gro,
:, the Ardmore extension OF the ChOctay
q From Mlburu northward 10 Shawnee th
. line would occupy n very tine stretch
+ country which would give II territory a
\, Its own,