The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-10-29
MERGER RUMORS AS
BIG JUGGlLINGGAME
Continued from First Page.

also perhaps more wine parties-in the
curb crowd than there have been at any
time for two years. One unfortunate,
Sam Whiting, to be accurate, has been
laid up with tonsilitis, but he managed
to get down long enough on Saturday to
buy a few shares to pay the Doctors
bills. Then he went home<to bed, after
giving giving !. careful 1g6 !; Instructions to- "take
And how she jumped when she did
begin to jump! A little thing like two
points-which only represents $8,000,-
900 change in the value of the capital
stock of the whole company-was moth
ing at all. One young l9-year-old
trader. caused it by buying 400 shares
of real stock for a client who also
wanted to get aboard +
The whole business is a regular carni
val of real ,old-fashioned bonanza trad
ing-the kind the oldtimers have been
telling their recruits about for the past
two years. It is beautiful dream re-
alized-from the standpoint of the
curb. Il So t>5",f.l@ IS ..'.. T..
Carnival of: Rumors. :.
The carnival Of, rumors is another
thing. It is poor day when some gen
tleman with an imagination and a type
writer does not evolve a brand new
scheme for settling the whole war be-
tween the Hill and Hartman factions.
One man decides that Hill will take
Burlington andsG Great Northern and
Hartman Northern Pa cific and Union
Pacifc-and alls is lovely He loses
sight of the hard, cold fact that the
possession of Northern Pacific is the
very question that caused the great
panic of l901-andswould cause another
one just like it if bYSthat either Hill
or Hartman could gain the road in un-
disputed possession: - II
Another one thinks that Hill will pay
the war. "a few millions' is the
merest bagatelle to this man, who
probably makes at least $15 week
himself-but Hill -,nad e-the millions and
| he knows they are worth a lot Of
money. Also, Hill+ has ambitions, and
they are worth more than lot of
money. = hFr' ~: IS
A third Imaginative gentleman re-
Gently decided that the supreme court
was going to step in and make the bel
hgerents shake hands. He Quite for
| got-and no one reminded him-that
neither the supreme court nor any one
else can, under the constitution of this
country, prevent two persons from 60
| ing to the legally constituted courts if
the people want to and have the price
of their fun.
time-while tie scribes are telling
about wonderful and long protracted
conferences between J. J. Hill, J. P.
Morgan, E. H. Hartman and others,
Hill is out on his farm in Minnesota,
figuring how much he can make out of
one small cow if the thing will only
do its. duty; Hartman. is monkeying
with the ticker up in his big office on
Broadway, or doing some tall cleo
| of of
version; j. P. Morgan is smoking
cigarettes and keeping tabs on English
gaming preserves, and in fact the only
| people that are really worrying over
this matter very. much are the people
, on the outside. .',~
II, Principals Gave It Up.
Once-many months ago-the law:
yer; on all sides 6en ssa gsYs it all
too good to get around. Dodge. as
they would they came fiat up against
the constitution and the government
They gave it up. So did Hill and
Hartman. HWell,' they said, eve
can stand it if the stockholders can.
And history says that neither of them
has Jared badly.
They still serve three meals a day
out on Hartman s farm, and pre-
Hill Is farm. J. P. Morgan had enough
money, in spite Of the held-up divi
dends, to give the archbishop of Can
,terbury a fairly good time and even tx
buy him a dinner at the ST. Regis, But
Wall street is skeptical, even in the
face of the overwhelming evidence
The street is still trying to unite those
dividends.
Meantime, with the able help Of the
rumors aforesaid and the efforts afore
said, Union Pacific, Oregon Short Line
bonds, Northern Securities-and every
thing else-have doomed on the Wal
street market. Many people have
bought who never would have bought
/ This is a thing greatly to be desired
! It helps the wheels 90 around. Every
body is happy. The lambs are gam
boiling gaily where not a lamb ha
gamboled for many a long and weary
day. Wall street is itself again.