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Show ....... - l --i . . ..ii...... .-V i I V r? T T - i ... i v b l v. J L-it-iu'cstcrr, r. ..! nill C-:it?.:llnlLu::::ss. SAN FRANCISCO. March ZZ. The California Northwestern railway and Its leased appendix, the San Francisco & North Faclflc railway, have passed from the control of A, W. Foster and his associates as-sociates to the syndicate over which President Harriman of the Southern Fa-, clfio company dominates. ' The deal, which has been agitating local lo-cal railroad circles for some time, has been made. The suspicion that the coast road was about to be tra"? td ' to the Santa Fe road as a conn i be-. tween Its recently acquired t .ties in Humboldt county and the . Aan-clsco Aan-clsco bay has been set at rest, f - r : thas developed that Mr. Harriman t.a ; c- Ucally owned the road for aeveral weeks, In fact longer than that. Santa Fe Xalxed. The Santa Fe officials learned that they could not buy the California Northwestern and they Immediately turned their attention to other means of reaching California, eventually securing the Eel River & Eureka railroad In Humboldt county and then opening negotiations ne-gotiations with President John Martin of the North Shore road with a view of buying that lately improved and extended ex-tended property. The deal for the stock of the California Califor-nia Northwestern, or at least the majority ma-jority of It, which Is controlled by President Pres-ident A. W. Foster, dates back several months, but has been kept a secret. It said the formal announcement of the j change In the management will not be made until after the annual meeting of the Southern Pacific stockholders la New York next month. Poster' Profit. ' Although It cannot be confirmed, the report in financial circles is that Mr. Harriman gets the twenty-Are miles of road owned by the California Northwestern North-western and the 169 irtlee of line which are Included In the holdings of the. Ban Francisco & North Pacts c railway at $32 a share, which means to Mr. Foster something like $1.(64,000. as he owns 65,-000 65,-000 shares. Mr. Foster will retire from the railroad business. ... |