Show I I I GATES'S BIG DEAL CLEARS HIM By Associated Press CHICAGO Feb 1 The I.-The The sale of certain certain tam tain link railroads railroad in the Mississippi and Missouri valleys to the the Burlington is said to have brought John W W. Gates a profit of a million or more according according according accord accord- ing to the Tribune The deal in which the Morgan Hill pool is the purchaser is said to Involve not less than and the Kansas City Peoria Chicago Chicago Chicago Chi Chi- cago railway railway-Is is thereby thereby absorbed absorbed into the Northern Securities company The lines Mr Gates sells were Incorporated incorporated incorporated a minor railroad system only a few weeks ago but it became important to the Burlington to obtain that system to fill up a through line from Kans Kansas s City to the Atlantic coast Mr l Gates got into the deal by acci acci- dent He lie bought worth of stock in the Guardian Trust company an Ini in- in i r til J s. s t w 0 en tIre K y Pittsburg Gulf Gates did not like the management of the Guardian Trust company and he was successful in his application for a a receiver The Th railroad railroad rail raH road lines It controls south from Kansas Kansas Kan Kan- sas City fell into the hands of the Harriman Harriman Harriman Har- Har riman s syndicate but the Northern railroads railroads railroads rail rail- roads were left to the creditors Then Gates got possession by buying up the claims of creditors |