Salt Lake Telegram | 1910-01-06 | Page 2 | Rock Island Family in Anor Row

ROCK Ci ISLAND fAMILY i IN RO ROW f NEW EW YORK YORI Jan 6 Reports G.-Reports Reports of friction fric frie- tion lion among leading interests of the Rock Roel Island company rumors that Daniel G. G Reid was to go abroad and that he would retire from the board of directors of the United Il States Steel corporation the caused u a break k of 7 p points In the common corn com mon thou stock of that road yesterday and a a. decline o of more than three points In the preferred stock The financial district had bad heard a great deal about Rock Island since the sensational sensa sensational movement in ln the stock a fortnight pack ago back gk when again again rn It almost Jumped l pin in a from flash 50 to Later SI and op- op Orations in that rind and allied securities have not allayed the alarm then created Tho The rumors had it tt that serious differences had bad broKen out among those 1 who control the Rock Island and an open breach was hinted at These were de nied In responsible Quarters but the enormous enormous enormous enor enor- volume of Rock Island stock trad traded traded trad trad- ed ad in in shares at steadily decreasing decreasing ing values u caused many misgivings the themore themore more r go so since much h of the e selling seemed to emanate from Ro k Island brokers Another factor factor- was the failure of the tho thov v Mend directors or This to ys Pt pass stock the h haa Jas r preferred paid f e no ost stock dividend f d div t f. f In several years 4 x Reports that Mr Reid one of the most prominent of the Rock Island group conI con con- I tern plated an early departure for Europe were denied denieC at ahls his office