| Show IN RAILWAY CIRCLES Eastern Opinion on the Sale of the Western The Money i Would Take to Buy the Road Now 8 Compared With a Short Time Ago The newspapers of the west continue to transfer the Rio Grande Western railway to the Atchison Topeka Santa Fe at I every opportunity but without the knowledge knowl-edge or consent of the stockolders I Western West-ern stock continues to go up during the next ten years as it has in tho past six months the Moneymaker may absorb the Santa Fe When the Atchison acquired ac-quired control of the Colorado Midland by exchange of stock Atchison Topeka Santa Fe vas worth 45 cents per share They then thought Rio Grande Western too high at 42 for preferred and 17 for common com-mon Now Atchison Topeka Santa Fe is worth less than 27 cents while Rio Grande Western has hopped up to 73 for preferred and 87 for common On a basis of oxchange of took it would now take four times as much Santa Fe stock to acquire ac-quire control of the Rio Grande Western as it would have when the Midland was sold even i the Western people were will insr to make the trade Jtailicaii World mae Claytons New Block Architect Kletting has drawn the plans for a threestory business and office buildIng build-Ing to be erected by IsaacClayton on First South street at Richards street opposite White < fe Sons butcher shop The new building will have a frontage of sixtythree feet on First South Street and one hundred feet on Richards avenue and will have a handsome corner entrance The building will cost J25000 A Nashville New Albany Chicago Deal NEW YOlK March 18An evening paper says It was announced on Val street today that the long rumored change in the management of the Louisville New Albany Si Chicago railroad company has taken place The officers of the company were reticent but u gentleman familiar with the affairs of the company said At the request of the BriceThomas party Messrs Poor Greenough have formed a syndicate to buy 53000000 of the bonds in the treasury HV Poor of Poor Greenough said this morning We have bought 200000 of the treasury bonds of Monon anti there will be a complete change in the directory of the company Of the thirteen present directors all but possibly three will retire and their places be taken by persons who will be able to throw large business into t J the road President Breyfogle will resign He may be a director The Lake Erie Western interest will be represented and this will also give the road valuable southern connections This evening it i officially stated that a syndicate represented by Poor Green ough have conditionally agreed t relieve the Louisville New Albany Chicago road from its financial embarrassment and purchase 800000 of its bonds the proceeds to be used in paying off the floating debt I is stated also that Hon Samuel Thomas will fogle become president in place of Dr Brey |
