Show N DOLLAR GOAL COMBINE J. J Pierpont Morgan Organizes Giant Corporation Outstripping Outstripping Outstripping Out Out- stripping Steel Trust FORMS HOLDING COMPANY Over OUT v Corporation Will Tul Tako TaJa Shares of All 11 ll Companies Separating New cw York YorI May Ia 2 H 2 I. I Anticipating and dl discounting tho the cf feels the railroad railroad rail rall- road rate ate bill blU which demands a separation sep 50 of or railroad and coal Interests J. J Pierpont Morgan Iorg so Wall Van street with th the learns I has been entrusted organization of a giant coal combine with a n capitalization which reaches outstripping even the steel trust S i In lii Mr Morgan is now now in Europe and it was reported in Wall Vall street that he lie will delay his hits return n until the groundwork ground work worl for tor floating the thc stock apportioned apportioned to Europe Is completed Henr Henry C. C Frick it Il was stated today will be president of the lie corporation and articles of or Incorporation arc are ex expected cx- cx to be filed under the laws of New Jers Jersey within a ae e week J. J or two to Tin TIll original will bo be nominal nomi nomi- nal rai Vast YUl Merger cl The plans of oC worl working out this great scheme will be 10 discussed today nn and 1 it was sug suggested that the he most feasible way lo to bring about the merger mers r and Boat bat the stock would be h for each cach railroad railroad railroad rail rail- road company compan owning the coal lands l to pass them over to Lo some sonic coal company corn com pany rany like the Tel Iron company of which George e 1 If liner finer president of oC the Reading railroad is the head There will be organized a n great t holding hold ing company to Lo take lale over the tho shares ot cf all nil such coal companies It is time the stock sLack of oC the holding company which would be placed at the thc value of a billion billion bil bil- billion bil- bil lion dollars anti and part of i It It offered to time the people Advance J in Stocks In anticipation of a happy culmination nation of the plans Henry C. C Frick is reported lo to have purchased shares of oC Reading stock at prices ranging ran ing all nil the way iia from Crom to Today the lie stock rushed up to Lo on sales of more than n a a quarter of a million million mil mu- lion shares or about third one-third of the total bu business of time the New Now YOI York Ii stock exchange Delaware La anna na Western also up 13 1 2 1 points to lu today today the the the hl highest hest price on OH record cord and Delaware Hudson went vent up p to 2 |