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Show A Newspaper Trust. A syndicate has just been formed In London with a capital o 1,060,000 io purchase the Sketch, the Illustrated London News, the English Illustrated Magazine, the Fenny Illustrated Paper and the Lady's Pictorial. Shares to the amount of 750,000 will be offered to the public, 375,000 of which will be in common stock paying 5 per cent, at a shiiling premium, and 319,000 of i per cent bonds. It is believed that the shares will be taken up by the market as readily as those issued by the Newnes, Harmsworth and Pearson syndicates. Unless America has gone mad on the subject of trusts it Is not believed by conservative citizens that such a project In this country would be received with favor. However, this la a matter of opinion, and the only way its truth or falsity can be proven would be to make the attempt. Fourth Estate. i |