The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-01-18
mr. GREAT MERGER
(. n Become Part Of Trans
| Continental Railroad.
i, TRUST GOBBLES UP BETS
.lor Of tho Boet Mems Aoquls'-
Fl !. Cuban Reciproclty--la Fnok
|p.hind the Rock lslandf

81 nv Robert n. Burnett>
~ Isnusry 1T.--(staf Specially
q. - lanes ]. Hill admitted to-
~, ~. cause OF the enormous alb
r,,s stock. on the rise of over
n,irts 10 the common, ID that
- q TO be the Eastern outlet
,-ausoontdnsntal railroad ays-
.,s from tho Atlantic TO the
According 10 this authority
- tho purchase of the Erie oy
-.,.,n securities company, thus
...a.,a, four -rcat railroads II
sos1 through the Erie will Ret the
j = what eastbound business the
..,,s,n Northern Pacific and Bur
..,n,.p,ss can throw over 1t. The
!. d this scheme to Erie Is meal
"A md IT seems almost too good to
"A !, "a Of course. possible that |
q, h. Modification Of the present |
"A that sons other Eastern lines
rre In the eastbound traffic OF the
"a !, securities roads. but the belief Is
a thst the control OF Erie will be
y. 10, n the Northern Securities com
n This can be done without violation
a .,s.trust law. for Erie simply sup
the western roads referred to.
a gill be s0on that 1t is n Morgan
a pure and simple. since these hnan-
<outrol Erie as well as being leading
4 IN the Northwestern combination.
Srie deal would add greatly to the
their holdings of Erie shares and
II, for their heavy buying Of this
furtns the past week
4 turn Of affairs convinced these who
), Il that MsSsrs. Morgan and Hill
HSned that the outcome OF the logjs-
s srnlnst the Northern Securities mer-
In be favorable TO the company. That
n true Is shown by the seIni-offictul
Non today that the details OF the
4 lease Of the ore lands OF the North
eecuritiss company to the United
Il Steel corporation had been fully
u on and would be made public very
" Rumors 10 this effect have been
N heretofore been obtAinhble. The
|tpds Of the Northern Securities com
(which came to It through the Great
Nm are very valuable One Of the
"a ninss alone yields receipts from
y transportation Of nearly $1,000, 900
a Graf Northern railway. II IL owned
y Great Northern. but 10 carried on It's
h at the nondnAl value Of $1,000, 900.
Bill recently told friend that Il was
n si0.00o,00o In caEh. Prom what
"a today there will be no outright
<bu! the Omitted States Steal corpora
tys the output Of the mines at a lib
|sfics per ton-H ROYALTY OF tho same
letsr az that prevailing In the anthra-
lsnons-and agrees to send all Of the
u over the Great Northern lines.
e ltrge permanent revenue Is Ruaran-
10 tho railroad The contract Is Of
Fre valuable sort as that made by
4kis with the Wabash interests for the
% Carnegie steel mills over the Wa
Inca The latter Will amount to
poo tons year when the proper rail-
Connections are made
PAR TRUST TAKES HBET TRUET.
3eedink sursr rennsr today expressed
4ptnion that the American Sugar Re
company controls the American Beet
4 company. BE said he had evidences
Gatsded hin that Mr.. Hsvenoyer now
{ns beet suSnr business Of this country
4 Ms thumb he brought this about
Futnx up several beet sugar factories
e stratsne parts Of the country. In
pc Colorado and Michigan and making
Fsst 70 the oTnard interests to fxht
on thdR own ground unless the lat
zams down.
Pc did come down." said tbs refiner
n and now the American Beet Sugar
san1 10 IN my belief. with them. This
fnts for the unexpected truce In the
mar trnde. can not say whether
american Sugar Refining company has
PlOnu Of the American Beet Sugar
3anys Ftock in It's treasury. That
nM natter. There are plenty OF ways
f.sunpnsn their DurposeR look to
0ms interesting Developments in the
usue after congress adjourns, Mean
SSoc 4 - important to get the Cuban
stock market is now AZ n n.of,,t xvhe~e
g9ooy In Wall street is nonplnsed in
~ 70 It's future course. PLENTY of
IN uink the rise has gone far enough,
$50 are 1uet as many who think fhe
4 1Iiaun interests have other cards M
~ .eses on which to base a further
prFes The latter say that IL the
I'M ~ WIN two years ago Ia TO be
ont stocks will go on advancing
!. sat.uesn February and March. instead
H. material reactions. as has pen-
I'm me case. Certainly the money
,', nas eased up good deal and funds
'Isrng from the interior satigfac-
In, Anports Of wheat and corn are In
|snstsI5 ose satisfactorily than had been
m. SINCE January I, and good au.
n IN no say mat they will show an even
NerlInr sment from now on. Tho course
|cocH sAcnange looks as II the BANK
tirna NJ. gold shipments for some
none Ous Wnether they do or not the
|retnrr a market need not be affected n
~ now Of money from the Inter,a]
n ., ssaFy, We could spare $4,000 O01
snn,,,, ne yellow metal. we ora VlraIv
|aew Se II least this amount iowa I'd
VA trureisn loans that are ehort IN ha
|shlnnssSS Inc mink twice that amount will
49, IN payment for new Rritish
babh y soTernment Securities It Is
La =, mai foreigners would allow
not Meir credits to remain here 81
|ths honsse than half Of the price maid
Ia, ~ Jus woul d need to he Skinned
insSsrp PAYMENTS may be ARRANGED IN
Ia no ~ ns that very little poid
last mr. Vps time, as was the case With
n WIZ, BRUSH loans, a conslderablt
f,t stateaa were rubscribed for in the
H.. !. hs PUBLIC rs TTNuD.
bnS,a therefore. nothing Of very nm
Ia, suarserer in sight which should
4 ~ 'uttner rise In stocks. the posi-
A,n ., worlds money markets Is bet
st,,.s -, long time and. as hereto
lsr -. III This paper, the internationa
rove cooperating on every impor
and y ,a naSh center is helping the 9th
lIrbs, local fnanciers want stocks t,
l I'm. usfe they have a free feld for I
Ne 20 Come TIL A.,