Wednesday, February 17, 2016

Illinois Central Boom - Purchase of WC, C&EI

Rumors of a merger with Wisconsin Central renewed.

Milwaukee WI, July 28 - Today's boom in Illinois Central common stock occaisioned in Milwaukee a renewal of the rumor connecting the Wisconsin Central and Illinois Central with some sort of ultimate merger deal.

It is rumored also in financial and railway circles today that the Illinois Central is about to take over the Chicago and Eastern Illinois and make it a part of the extensive system of the Central, which seems still to be spreading out.

New York Times June 29, 1902

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