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Not to be Absorbed by Illinois Central Rumors
The Minneapolis & St. Louis and Iowa Central railways deny any plan to sell to the Illinois Central. Ed win Hawley, president of the two roads, says no disposal of holdings is contemplated and affirms a satisfactory through-track arrangement with the Illinois Central. He notes improvements and continued investment in both lines, while predicting no need for new extensions and highlighting strong current finances. Eastern directors toured the systems and reaffirmed that no sale negotiations have occurred.
MENTIONED IN THIS ARTICLE
Minneeapolis Journal
Minneapolis & St. Louis
Iowa Central
Illinois Central
Edwin Hawley
Hawley
Chinois Central
Mr. Hawley
West
Nortwestern
North West
Laws Central
Winds Central