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Show BIO GRANDE TROUBLES MY IAN MERGER h,. fflfflW.P. j ' ' ABSORPTION BY ITS WESTERN V OONNEOTION PROBABLE. Tinandal Moves of Oreat Magnltudo J1 Involving Local Road Uuder Way ' , Big Xcgal Battle of Oreat Signi ficance to Utah Progressing West-era West-era Road Bonds to Cover. ' Tnlk of railroad mergers vrlileh Ims , -, - 1cen going the rounds of the Eastern finnnclnl journals begins to take on , , nioro tangible proportion with the i( " trcccnt nnnouncement of the offering i ,'s -of Western Pacific ten-year ! per, .. cent liotuls for tho Denver nml Itio . Grando ndjustment income 7 per cent -, " J ' .'bonds, and tho judgment obtained in the Denver, Colo., courts by the WesP crn 1'ncino ngninst tho Denver nml TCio Ornnde, uwm which hearings nre '. tto bo held tomorrow", Hntunlay. A group of stockholders of the Denver and Itio Gmmlo Inst Monday asked tho Denver judgo for nu extension of time on tho hearings. As long ngo ns May, when Alvin M. Krcch, president bf the Kqultnblo Trust company nnd , shnirmnn of the Uanl Of OiKvtori or ' t(hu Weenlern Pacific, wis. in Salt ' ILdko City, he said that eventually n , merger of his lino with tho Denver I i nnd Rio Qrnnde would have to come ' Tho Equitable nlso holds licnvy jurfg .ments ngninst tho latter rond. . ,. "Mores of this mngnitudo across tho ft ' 'cliccker'bonrd of flnnnco nre consnm. ' v . mated slowly, nnd tho Inst ten months " o tight money hnvo retarded them qven more, but apparently definite ' steps nro now being taken which will 1 1 ' bring theso two lines, of such great Importance to Western itcveloymcnt, v ,. 'into n single system. When it is ro- Br tmembetcd thnt Iho Denver nnd Itio ' H' " Ornmlqsji, tho " principal outlit for ; m& s swe $? portanco for tho Industries of Iho West, nnd thnt it is In position to probably serve oil fields now being sought in this state, tho significance of placing It in tho best possible fin-nancial fin-nancial and physical shape for sorvico an do grout things for Utah. |