Show lOI Speculation Rire in III Circles In Bogart 10 to Northern Pacific N New York Dec Herald says James J president of the Northern Hallway Co has hns ar arrived rived In this city and amI was In cont confer conference r renee enee ence last evening some of the most Important capitalists of the tho coun country try representing Morgan Vanderbilt n Standard Oil Interests Mr fr prose presence nee in the ell city Is reo re regarded as I o of peculiar Interest In view t i or of the recent stock market In Northern Pacific with the accompany r lag Ins reports or of Q a readjustment ot of the i capitalization ot of that company and andI I his recent election also to the tho director at ot of the ErIe railroad the shares of which have also been exceedingly act Ire 11 In do the market j i From inquiries It appears that Mr fr Hills visit Is o of n a specIal nature and I wall 11 bl be brief Attempts made to see Mr Ir Hill Hili proved unavailinG as al were l also attempts to reach rC h other prominent lers Identified closely with such fiS as the Great Northern Northern Pacific Chicago Waukee t St Paul and the Erie roads harmony or of Interest and community of It ownership Is 19 the bee In every Ivery Wall Wallstreet street bonnet tit at present and the sug eug i la Is made that this theory may maybe be extended to properties which while not recently regarded as disturbIng might become so eo In hands other than those now representing the control Among Amon such luch properties are the ChI caro Milwaukee St Paul and nna the Erie Forie railroads The latter It Is said has great particularly since It has acquIred the Pennsylvania i t oal company and likely to as tume eume an Important posItion amonG the trunk lines It Is asserted upon the ver very best au authority authority that the three principal stock stockholders holders In the groat Northern railway namely James Jame J Hili John S Ken Ien ned fled and Lord now the Ihl three largest stockholders or of the Northern Pacific road hard Strath Stratha cona and Mr Kennedy were formerly directors Irr In the Great Northern The Tho firmer is 19 n a director and n a member of at atthe the executive committee or of the Canadian an and Is of at great creat Influence In affairs It appears as though harmony harmon or of in III interest t terest rest In the Northwest Is now complete through these great interests and those o of Mr III Morgan forian In these properties Great Northern Northern Pacific and Canadian Pacific In view ot of this situation Mr lr el to the directorate of the tho Erie I rad nd is 19 or of considerable significance The stock ot of the Chicago Milwaukee has been steadily acquired b by power powerful tul ful Interests not tar far removed from Cram those that have recently bought boucht Into the Northern Pacific One peculiar tact fact L Is that while the stock selling at a relatively high price und and bought presumablY investment fIr rr In furtherance ot of some a great plan Is being picked up continually It is 19 isnow now being tran transferred on the tho books or of the company This leads to 10 the tho belies beliet that It Is being gathered d In for some great purpose to be mado clear later latero o on onDy Dy By persons well informed on the tho rail railroad road situation It le Is raid that Q a trifle more moors than the common stock of the tho St Bt Paul road rand Is represented In Inthe inthe the board of directors It Is said also that this Is not necessarily n a fixed In and that some lomo one lat large o holder the tho Standard for tor Instance uniting with the tho new purchasers who may ma for tor illustration be assumed to he be James JamesJ J lull John R Kennedy and anel J PIEr Pmt Morgan Co the latter ot of already has Q a considerable holding might Give absolute control o of that In banking circles this tho belief prevails that the great announce announcement merit ment to ho be rondo In railroad circles In InI eludes I rl this thle proposition Entire harmony o of Interest In the between the Great Northern Northern Pacific and Canadian Pacific and through h community of ownership an t with the St Paul road In the mIll middle die section cellon and the tho ErIe rail railroad road rOld to tidewater the tho eastern outlet to tobe tobe be used In much the same samo manner as ash ashe h he Lake Shore and Ne New York Central are b by the Northwestern and the Union Pacific stab t W M III to w he done dona lit In the tho line IIno or of 0 a readjust readjustment ment or of Northern Pacific o securities Is the belief bellet In Wall street In connection wIth matter various plans have been IU Suggested and tho rho pries movement gives evidence that something ot of the tho kind is III under consideration |