Inter-Mountain Republican | 1908-08-22 | Page 2 | Rumor of a Receiver.

Rumor Humor of ot n a n Receiver Chicago o Aug Au 21 Unconfirmed rum- rum from rom Denver Dan tonight assert that the Rock flock Island Railway company has been placed in the hands of ot a receiver For the last two months monUs gossip has been rife In Wall ull street with the af- af fairs of ot the pan con and a receivership receiver receiver- ship has haa been frequently predicted a atho as ho tho only way out oC or the tho difficulty which confronted the company Tho The action of the tho Rock Island nd stocks In n today's market marlet indicated that a a. crIsis should be ie reached Rock Island preferred broke four our points from 32 2 to o 28 8 with the tho close clone but a fraction above tho the low St. St Louis and San Francisco second preferred broke I 4 41 from rom 24 to 20 The latter line lino which Is s controlled h by the tho Rock Hock Island ha has lias In notes due duo In a few weeks It Il has haN been heen ass assorted asserted that the Rock noel Island has sufficient funds to meet the tho ho interest on It its itc bond bonds The securities tics ties havo hao been weak for months an and failed to mako make any headway in the tho recent recant advance anco in tho the market The Rock Island system controls miles milos of ot railway This in includes In- In clu eludes os the tho St. St Louis and San Francisco Evansville and Haute lIu and tho the Chicago and Eastern Illinois Tho Rock Island company is a holding which Controls the tho capital stock of all the tho lines B. B l I F. Winchell Is la president of the tho Rock flock Island IHlan Railroad company Tho The Moore Moora brothers and Daniel G. G Reid Held are rc the tho big men mess in the tho affairs rs of at tho com corn pany