, 1881-02-24
Al Encouraging Report from the
Louisville, New Albany &
Chicago Road.
4 Description OF tho Car IN Which prcsl.
dcnt.Elect Garllcll VIII Ride
10 Washington.
Runored Resignation Of q Pennsylvania
Road 0fflcial-Tto Weighing AssO"
citation Success, Eth.

phil, Wilmington & E}at'moro RAroatf. which
rumor has kl,nckcd down 10 ono rnf1rond cnEpo-
rMtnn or nnuthor. t,Hs ut Inst been sold, Indeed,
nntI nf ru,,rsu Jay Gould Is tho purchaser Tho
ethur parties to thu negotiation nro John W. mud
1sobort Gnrrutt. Of i'nit.nlore Drcxcl & Co., Of
rh!lutlclphla: urexe!, Morgan e. Co.. Of New
Ynrk: j. T. Morgan & Co., Of London; J. fowber
Welsh, Of Phitutlephtu; Solon Humphreys, ltis-
aclL snge. ,1ay Could Joan Jncob Aator 'nd Au-
! gust Belmont, Of New York. These geu-
ticmcn hnye purchased nhout so0oo00o
Of stock hcd by Nathaniel Thaycr,
wil.inn, Mlnot, II. Hollis IfunnowcIl.
and number Of other l3ostnn capitalists. Tito
pr!co paid WIS 40 per cent aburn pnr, making
I tho tntal Investment Of tho syt'tlcHto nbout
| s5,1Oo0oO. Thu Philadelphia, baltimore 4 VIII
| inIngtUn Nalroad owns man limo nincty-six
| lul cs In length fran Philadelphia to BALTIMORE
with double track Ut steel rui1s and 1su miles
| OF branches. extending FROM Wilmington
throughout Delaware. II hns cnpital stock of
sll,4's,Oo, With $c,D0,001 OF bends. The
Hurplua asscts OF tho Company III ensh
| and other forms today amount 10 940010n.
Tho rpad, which Is mn esscntui link III tho direct
| communication botwecn tito commercial me.
trotulls as,l tho roli,cn! Cnp!tl of tho country,
| is ono Of tho finest and hest equipped
! roals IN tho United Stntrs. Tho stock carned
last year almost 10 per ccut, md bus paId per
cent regularly NIL through tho .pnn!c and for
| fIi.ny years previous. Tho ncgntlAtlnns, which
,ere finally concluded on Mnnt!ny afternoon,
arc tho outcome OF evcnta dating back to IL
| year ago, WHOM Philadelphia capitalist.
who WIS reported to bu autlng for tho
Pennsylvania Fattroad, tried to buy
controlling Interest in tho Dcsawaro & Western
Railroad, which haa tho Fight Of ez.eo;'!ns ,S is
ton. Cot. II. s. McComb, In the lnteFIst Of Dc!a-
warenns who wished to kcop tho road nn1cr
Delaware ownership, succeeded III bunting tho
rhtadctphlnns nnd getting II controlling In
tcrcst in tho Delaware Western Tint veteran
sSop ~ w r,r o,s "S~ INV. upu fr %u
p5,a 10 % anS formed ne t tho oa Of
saf's aex n' pes:s ss'st tho 'fs 5s%.rs '' e se
turo I!o conferred with 1ohn ,,.e, O. n't,lt; @
ssssss i: T. ;s s,s: sss ss wss;ss :; r. ;;sss ss
o ,srns,,,o, % snci,it;cs NJ thn Wcs,chcstcr l. rn-
',t.n stu ,aI 'nrsn ~ " rn.rx.,rst @ md Chestnut
refusal Of IN interest in tint road, bit OF, no.
count Of ,!,'suttes H. ,,s charter md lta total ia
debt ts,@aW4'' "n!eh woa'a ha'e 10 - uo od.s u.s.
c. f ,tp aoa as
mules OF MGstencstcs 'faeS WHO" ~ neGusa' G.'ah
, ho conciuaeu NOT 10 ous u. anen
teasIug .iho cosnpctitiun 6otteht two-tb!r',s q
.shs t1!9 nioiS &c u,1a u 1T loo sans rce ca SIC:
!, | (;Ituit ". H. Vanderbilt, uul It Philadelphia
! cmut.1lst ihrco ncrsus most Interested III thC
4 scne;s for now road 10 HHi,tmoroj ,hetl ipca.l
10 f1ruUtto With President GArrottt Ut tho ltIl-
tt,n;r, 4 tjh,o iIr otYorcA To- furnish ulu pitt
o ~ thr rntui nntt ,inmni,tcd ri ppr cuut If thc
:, st,nn ~ IL" nrw rtti Tnr hi,nslf uIso f,sk inu
Il 1h"f ia Nav :Trrs,,y t:cntrni irmntis Hht,i
Il h".., h ~ 7, n.r onI;r tihn bi;i nnGIi!ny
ths' .mn t,,invarn Wcatrrt,'s 70 cbort"r W.T.
t thUn nrcIm,rch by CounsrIur ihitcs ind subult-
: frtl ~, Mir Uutt. Yicr- President Robert Cur.
i TG... . ". ~ tHS Sw rrS x+snv tscnIrn1 1,,rctfr
8 1nn ,a H. o ~, tn this ctt" ma fni sr
r. i"i, t"u deposito hs ssck viii, 9caanttco cn1
: a,xifrr ~ Mr ilui1ttf MIR Hnycn and Mr. juht
sr II wiki, ns .4n.,.rtiai i.I'iu.s ~ hnw IL WI,
~ ~ mnrvrl VIII H. if,it',m,,re 4 i1bo III
n I tiotnri t;nrr,tt In II L.tfnr ttatph JIM
II ~ a'ocIo narnu.IG naS' ~ ~ IT, muos nna III
10 xv.,,t,aN, Il. q WhI,niv ~ IL imrotnn ..n,,.
T. t ""anA ~ y. 'u'',n,p,ont ~ eTh"' 1tuitt
% %m.tGu tAo n.1 nin1n.'''stno"t .,,nWv,, @ ~
j. nIaeT @ u"to ,vna,.r I'm "tr,d ~" aa,n,
% thV M ',. ,,. ~ tSats Wi rho ih,i"tioht,,
T. !nnR WA aG.'o IL, ~ ,t nonnu tntmr,iIx ns
H. NhninHlus = % nMlL...tu.o pIuo thn sn,nrsti ~
!o r!, Ill., s', ,ycT ~ ,n,ss i"ssen 1h "a
70 Aon ~ ee1t vR1. MnSM , s'19t HI ,eensu s ,s, @
sts ot tne ussi q a MI ~
sintets nalttM ~ %as ~ suoEcas' % VIZ @ Es noF
| llit9 4lltCC IL li1s5Eu Iu0 oGIt~tVt HGSh 1Glot