Show RAILROADS BID BI FOR f WALSH ABB LINES Chicago Financier Likely to Regain His Fortune and Standing STOCKHOLDERS TO BE PAID doming Clearing JOt House C Committee Holds olds Out for fO Which Will Wi Pay Poy the lie Losses Los s of Hanks Bonks Chicago Jul July 17 Belief j Belief existing in LaSalle LaSalo street for ela several several- weeks that John Johm II It Walsh has lias gradually been regaining his financial footing an and would soon be able to va lla pay off all ni his obligations nn and still sti have a handsome personal fortune was vas strengthened loda to to- to da day Announcement was made that the Now Ne' York Central railroad had bath offered for COl the Southern In Indiana and Chicago o Southern railroad properties an and amid that there thero were other bl bidders den The rue clearing house committee which has been handling the lie Walsh proper proper- tics Ics since the tue closing closing- of o the Chicago o Nai National bank hank and amid financial it I was said aid would hold hoM holdout out for because of the serious efforts to 0 gain gRill the lie property that hat have havo been manifested by by more than Ihian nan ono one combination Financial men lel declared it not nol improbable im mi- probable that the lie New York Central Railroad Railroad company would make an offer of- of cr fer in compromise reach teaching reaching In before negotiations cease ceased The Illinois Central railroad z and the Chi Chi- ca cage cago o Milwaukee SL St St Paul Haila Railroad company are arc said to be lie opposing hid hid- miens lers to the ho Now Ne' York Vent Central un and the Illinois Central railroad m if It I was wa known has las made zealous efforts to keep competition com- com petition out of the territory touched b by jy the lie Walsh roads loads Since Sinco last winter the lie Pennsylvania has las not nol been an au active act e bidder for Cor the them m oads and anu dill did nol not raise also Its ls original n c ure of If I the lie prices at al which the clear clear- In hug ng house committee arc c ae holding holding- lh tile the roads oads arc are realized from era the time sale of or the lie properties held as collateral al COl or the lie funds tenths advanced at the time the ho Walsh hanks wco closed th the lie stockholders in the time Chicago o National vill wi receive recel 0 and amid the he Equitable Trust and Home Savings banks will wil each pay 1 GO to In shareholders s' the full Cul ull book hook values In Jim addition it Is believed that the lie Equitable Trust company will wi be he enabled enabled en en- to rc resume me business |