Business & Finance: Nickel Plate Merger

Merging railroad systems is easier discussed than accomplished. Last week the new "Nickel Plate" merger provided the main topic of conversation in Wall Street, as well as a large part of the speculative security trading occurring there.

O. P. and M. J. Van Sweringen spent a busy week. Between conferences with G. F. Baker over the acquisition of the Erie, and conferences with J. & W. Seligman & Co., bankers for the Pere Marquette Railway, with regard to taking over that system also, the Cleveland brothers had their hands completely full. Apparently the horse-trading"...

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