Show panama railroad sold SAS SAN FANCISCO cal jan jail 23 th the a evening bulletin says A rumor is in circulation to the effect that the panama railroad has bus been sold by the frenchmen who controlled the majority of the stock to a syndicate of english capitalists there is no war way to determine here the accuracy of this rumor it is supposed to have originated in lit new york if it should prove true it has a double signify cance entice in the first place it means a move on oil the part of the british to get control of eastern transit across the american continent in the next a place it means mean that ebb panama road will bo be operated by a j powerful 0 gerful financial concern at t least east this view business men take of the tile matter the road is said to bo be a good 5 per cent proposition on an investment of adow OW the rumor goes to the extent tg that it was agreed by the french stockers when it they aey parted with their interest t to 0 keep t the 1 e transaction secret until after the annaa annual a election of directors of tb the a panama road which will take place in april the accuracy accuracy of all this tills must be leared adnew at new york if it can be learned official officially lf anywhere under the tile alleged agreements ments of ee le crecy the contract with ayt ree I 1 the north american navigation company I 1 is 5 binding for fora a period often years without r reference efe rence to the question of ownership the present panama road directory having authority to execute the contract aad and to this hind bina the company for the period named |