| Show UNION PACIFIC SELLS FIVE FER CENT NOTES I Now Non York July Jul Jul 15 It Is I tinted that lust the Union Pacific Railway Hallway company tar for the purpose of ot financing re of ot companies companie ule have soul sold sol one omie and amid year eQ r S per cent cen t notes note Union Po ILiCi cUk It II Is I s said Bald ld has bill an of or funds from front Us Its own on earnings but has hils destined deemed It U well under prevailing conditions to tb pre Ire prevail I vail nil on It II for lor or the tho benefit lIl of Its lines the surplus earnings of or which it II U h i expected Jq ct od will 11 fl provide for forthe forthe forthe i the bu of these the The notes were rl offered At lit S 41 No o vai al 55 P to ta the lie banking Interest which sold I the notes about of which were acre plaCed abroad and anti the thus balance with III hart rat financial In Institutions In title tills oil The rhe Union Pa la Pacific duo railroad Itself li II i Is said baa Imi n nt no immediate need neN for Or money mone but bUl the mill suti lines linen more mor particularly South Southern ern em rn Pacific were ert pr for r funds fund for Ordinarily the this com LIln would Ita t l niU but b of or existing In Ilie tue stock market this w was WAIl s deemed e It was MRS reports that a portion of ar the HIP money mane would be used to 10 pay iy the Interest Int relt f for r the l Lo 14 s trolley trolley ley Icy system which wa was recently r acquired ed cd by lIy the Southern Pacific Interests William Dead i Joliet lila Ills July m garrett Inventor and founder of ot this the rod tod mills of ot the Typo and widely known keion IOn IOnIn In steel circles circle dl died l today at al t Mount Clemens Mich where Ihre here he lie h had ha guns for tor his hili health Mr Ir Garrett was irate born burn In In im UtI |
