Show MORE HIGH FINANCE Morgan Co Working Railroad Merger Scheme New York Aug 4 J P Morgan Co acting at the request of stockholders of the Hocking Valley Railway company compan and the Kanawha Michigan Railway company today gave notice that they have lave prepared a plan for the consolida consolidation tion ion of those companies and will act as managers In carrying car the plan Into ef effect feet It Is proposed to use the consolidated c company to issue 4 per cent ear gold bonds to the amount of and nd stock to the amount of It Its ItIs itis Is s proposed to retire the pre pro preferred erred stock outstanding of or the Hocking Valley company and to exchange its 11 of stock for a similar amount of the he stock of the new company conwan The plan also aiso provides for the taking over of the stock of the Kanawha Michigan com corn company any pany pany as follows To give of the now new company comp ny stock tock for of the stock stocIe of the Michigan company compan now in Inthe inthe the he hands of the public and for the Kanawha stock held by the Hocking Val VaI Valley VaIley Valley ley company |