The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-03-10
n,,TrsopE BADLY thanked.
The pn''"de.pn,". wi'"i".. ..,., "" 20
baltimore Railroad 3" the h"""s o.
80 rcuasy ivHuta.

,,,,nrt pB,A. March S.-To-day. at the
&c NJ The Pennsylvania railroad, thcre
scnulpe surprise created when PTesi-
wa" pol,crfs announced that lat night, at
G,h, aIock The contract giving the control
]. pb,iaGelnhis. Wilmington and Bali
81 IVY e,Iboad 10 the Pennsylvania rail-
mV' had been closed. While Mr..
TeS" WAS making The announce
bo". ,ho bouse. struck dumb with sur
men y,s,ria'ned perfect quiet until he
pr. the pnint where he said the con-
Ie"'", closed last night at ~ o'clock, and
U"' ',or, went M that must have cou-
lU'" an, that he would secure The unant-
N'"''" ,1or.ement OF the stockholders for
M''N ars.c RESOLUTIONS were then oiiel cd
Dr. p"s',,,,,,A 70 the effect that the purchase,
ave ,,,cl ny The president. be authorized.
. W, ,.1 approved; and that, for the
i''W'" q providing paIt or The whole OF
pun lV',,. ~ raw fer the capita! stock Of the
lU' ",I.t,. wilmington and Baltimore
I"'i'".5 company 20 purchased, and for
h''''., IMPOSES aS The directors may
>O'" coo best interests OF The COM
d'tm r.. may be issued from time 10
pnN' ia, .barcS 81 the stock OF this
iln' d, eddiioH 10 The number OF
c2""F'" .he increased capital stock.
sh,I, n,' Electors were before empowered
VIM TL. Third.StTeet brokers were
10 Ind ,.l uonpluS,ed. On every side
'''''' -. e.u,mendaii0n, and wonder was
'". ed o.. towhal The Baltimoreand ono
car, a., about ii. Pennsylvania Stock,
WI ,,eued a GG3. fell fl 10 COS, ana
If 90. when the news came. started
~, Grade. and in BALI hour was firm
.-J reading, which OF chcd at 33b, ana
I U,ye,ipg ut that point, when II
.o.d ou-klv 10 81, wa weak ana ie-
"t r. * ,aid that The transaction OF last
.t,Nii' cost NJ. Th3ycr, II Boston, WHO
"'-.l,o oliver 10 lhr syndicate the MAJOR
pbH,Irlpbia. Wilmington and Bait
took. 100000 or >l.100,OOO.
WHAT 1H.Y SAY ABOUT II II BOSTON.
...,..1 dispatch TO The Baltimore SUM-
posrov. March S-The conlrac, made by
N',tqrif TrlyCr. Of thi> city, 10 deliver q
,,,oll,rr sock interest in the Philadei-
..t,, WHu.r-'ou and BIltimorc railroad 10
IN. .outh,ru syndicate cannot bc carried
va, Th1..r MS 10 deliver l20 600 shares,
- which Dr. nld 5.Ge0 reasonably, ana TIE
..9,,ry f.,lc was so. The agreement
sea-. ,b,t tls shares should be Delivered
N,.,.b t5.h. aud Il Is s.aicd that the old gen-
,r.,.,n.l-g.d contract ~ tde interim. me
p.rr.r,,.n.a railroad opened negotiations
win Boston pljlicS. and committee,
'.r.i.t.rr ~ Wil'igm MiuOt. Jr., Charles
\ Getting. .g,ni Of tie fifty associates.
wealthy corporation. and some others
t.nl..cniin- eastern stockholders. agreed
81. d,n,cr "a controlling number OF shares at
- Tti, committee has offered the option
IN an el,icrn shareholders to join them in
fI.fr9u,sc-i1n. Under the conditions they
er.to erio, they must indicate 10 kIdder.
p..tody 4 o.. Oh or before April ],
tb,ir in:,r-iou 10 prove their stock
with the eastern syndicate. TIE stock
i. 10 br delivered by JHlv /, and
r,,t,rn .'ockholder, who Join with The
committee are 20 hayc the July dividend.
There 3r- yariou. ruIOr> and opinions on
the stree, - 20 what vii become Of TDayer.
some >ay d. did not siSn the contract, and
other, ore Just IS positive that be did. y
report j, 1i,o beHd on the street that be has
settled WIFI the southern syndicate. but II
c.unot De traced 10 any reliable source. Ii
q, has signed the contract. and the >yndi
cate holds him, hc Nill be left almost with
out dollar. The pmtles in the eastern
syndicate ,ly That when they learned
Of Thaycr'> contract they united to pro-
tect lhem,tlye, against him and the south
EN- syndicate. and subs, quenily The Penn
,yNania company made advances which
were acceptable and they closed the con-
tract. There j no question about the SALE
II is tnai. ana all that remains TO be done
u transfer. The controlling interest in
Boston j, owned by what one gentleman on
the street called "gilt-edged parity con-
si>ting Of The MnO,s, Hunnewells, and the
Bodwi'ch family. The general opinion
among operators is that "Thayer bit of
more thar be could chaw," and that if the
southern syndicate follows the customs IN
such Transactions he cannot make it entirely
good even with his vast wealth.