Show PHILIPPINE RAILWAY Cu Co 11 nil II 00 a for Cor tte li In New eV York Dec 1 ot of the story from London of the thA formation lit of n I syndicate to 10 finance was obtained lit th the office of Speyer S Company yesterday file Tho capital furnished amounts to about and 1 the syndicate is corn com ot of Speyer Company Brothers ot of Landon and tam si Bonking Ilai khu of oC London The will readjust the nn of the Manila t un Hall Hallwa wa Was n alid furnish capital for Cor the ot of additional t t a and extensions by the Manila Ila company compan an American m corporation file rhe contract far tor the new of oC which about Wi will he be constructed was made with the United govern utter negotiations wIth Sec Taft Tatt and the Speyer interests encouraged aged by the success ot of the tho Manila railway In Luson were antis lied 1 to undertake the tho work without log Ing n from the United States Most Iol or of the tho capital of the syndicate hoe hal been subscribed abroad where h re all ali of the tho existing J securities of oC the old company ny are held and In con the tho allot allotment allotment ment ot of the New York branch small mall |