Show speculation ON UNION PACIFIC the market ot new york la being watched carefully nowadays now a days not only by those who arc interested directly in the railroads but also by a largo number in this section who are speculating in new york stocks the quotations ot the new york and other markets as published each jay in the standard arc read and watched closely by these people and the tapa and current comment which kad the quotations have been found to ba accurate information upon which to base future operations yesterday union pacific stock took a jump of six points this stock has been the subject of close attention aej outside of the wabash has been counted safe for a raisins market some doubt seemed to stagnate it at the time of the merger decision but this seems to have been swept away by a report seemingly true of tho buying ot union pacific stock by the st paul evidently for control in fact this weeks developments have been construed as indicating di that the desire in that quarter is to secure a still larger representation in the management of the union a reason for which would be furnished by the tact that a closer cementing of the alliance would serve as an offset to the joint possession of the burlington system by the northern pacific and the great northern it is to be observed in this connection that the disruption of the northern securities curi ties organization and the return of the northern pacific and great northern stocks to the individual owners ot those properties makes the possession 0 burlington a possible factor of trouble in the western railroad situation thus furnishing an inducement tor a drawing together of the union pacific aal st paul systems it may be noted that at present three ot the directors in the union pacific board stallman and rogers are commonly understood to represent the st paul interest or the so called standard oil party and it will now be interesting to note whether the alleged additional acquisitions of union pacific common stock by that group of financiers will be verified by further changes in the composition of the companas comp anys directorate |