Show YOUNG MORGAN CHOSEN causes wall street to believe he HO Is 16 slated as harriman Harrl successor new J P morgan jr was elected on tuesday ty t the late E II 11 Harrl mana place on the board of directors of the national city bank by wall street the election Is regard cd ed as one ol 01 the most significant of the weeks financial developments presumably indicating that harmonious relations exist between the abor morgan and tho the kuhn loeb standard oil groups of financiers added weight was given the event because it followed closely upon reports that the morgan interests were about to take an active interest in governing the harraman Harrl man roads and that the younger mogan mo gan was 1 s slated as the ultimate successor of 3 mr tr har liar riman in command of the union and southern pacific systems |