Rensselaer Semi-Weekly Republican, Volume 19, Number 95, Rensselaer, Jasper County, 5 August 1898 — The Report of the Sale of the Monon Still Circulates. [ARTICLE]

The Report of the Sale of the Monon Still Circulates.

The New York Times has this to say about the alleged sale of the Monon Ry. to the Big Four: “The

Big Four-Monon deal is completed. Some time ago the New York times made the announcement that negotiations looking to the merging of the latter property with the former were practically ended, and that only a few details remained to be settled before the deal could be called closed. There were vehement denials of this, most of which bore the mark of inspiration. Nevertheless, announcement will shortly be made that the Big Four is hereafter to control the Chicago, Indianapolis & Louisville. A large block of Monon securities has been taken by a syndicate in which the Messrs. Vanderbilt'and Mr. J. P. Morgan are the controling interests.