Show TELEGRAPH ABSORBED BY TELEPHONE Western Union Controlled by American Telephone a Telegraph Co NEW YORK Nov Xo 10 Control Control of the tho Western Union Telegraph company passed today to the American Telephone and Telegraph company and a Ion long lone step was taken toward tho the merger of the tho telephone and the telegraph companies com corn panics into a corporation with a capitalization capitalization capi- capi of nearly nuh one billion dollars Announcement of the aCQ acquirement of tho Western Union for years kno known n as asa asa asa a Gould property by uy tho the American Tele Tee phone aud and Telegraph company came toda today to- to da day dav v from Boston The rho acquisition of tho the Western Union and the tho recent absorption of various arious district Bell Telephone companies in various parts l of the country indicate a largo large arJo increase in tho present capitalization capitalization capi capi- of the company the American merican Telephone an and Telegraph com corn pan pam The Tho pre present capital pital of the tIle American Tt Telephone and Telegraph company compan- is is I in stock and in bonds bond Tho Western West Union has haR a a. cap capitalization t tion lion of in stock and 40 40 10 in bonds Officials of oC tho the Postal Telegraph raph com corn stated that their would pany COmp company Dj remain on an l independent d basis Stocks of tho the Western Union fell 3 points on the thc stock tock on ou tho news S of ot the passa passage e of control |