New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-11-20
RAILROAD INTERESTS.
CHANGES IN THE BALTIMORE AND OHIO
NEW DIRECTORS CHOSEN IN PLACE OF ROBERT
GARRETT AND OTHERS.


day retired from the Board of Directors OF the Bati
and Ohio Railway, and for the first time In tho
history Of the road, since John W. Garrett was cao'
to the management nearly thirty years ago. the name
OF Garrett disappears from the Official roster Oh ho
COMPANY Contrary to expectations, several changes
were made in the Board Of Directors at the Sixty
second annual meeting Of the stockholders to-day by
a vote of 6s1O6 shares the following directors werc
chosen Charles f. Mayer, James sloan tr. william
f. Burns, Decatur II. Miller william II. Backford'
who served IN the last board, and Aubrey Pearro'
George DOB. Keim. Wesley A. Tucker, Maurice Grey
7 Wilcox Brown william G. Atkinson and William T.
Frick The directors who were retired are william
Keyser. James L. McIane, John Gregg, George W.
Dobbin James Carey Coale. G. A. Won Lingen ana
Pohert Garrett The annual report Will be published
tomorrow.
The meeting was the largest which has been held
for many years OF the directors who retire. ROBERT
Garrett is succeeded by his fathcr-in-iaw Wiiam f.
FrIck G. A. Won Lingen. who represents the Schn-
nacher holdings is succeeded by william G. Atksn-
son. of the same house. John Gregg, one OF the
largest private stockholders, gives way to his nephew
Maurice Gregg. George De B. Kelm represents the
Reading interest Wesley A. Tucker and Aubrey
Pearrc formerly city directors j. WILCOX Brown
has never been in the board before. The board VIII
meet on December 10 to organize. and although there
are rumors the contrary Mr. Spencer will likely be
reelected president The election Of Mr.. Keim as
a director indicates that the long-takedof deal
between the Baltimore and Ohio and the Reading Is
about consummated, and that Mr. keim Will look
after the Readings interest In the Baltimore and Ohio
directory The programme for the changes had been
arranged beforehand and even old directors Ike Dc
Miller and others were as much surprised at the
changes as outsiders Wesley A. Tucker, one OF the
new directors, said
"The action OF the stockholders shows deter
mnation their part to be represented In the board
by men who hold stock in the road. Heretofore this
has no. been the case When invested nv money In
the road thous,:t and still think that the Baltimore
and Ohio is one Of the finest enterprises In the world
My experience has always been that persons are al
ways ap: - lake interest in the management OF
their own financial affairs than outsiders do not
think that the changes indicate any intention to dis
place President Spencer
John A. Hambleton, the banker, whose circulars
contain the most rciabe information about Baltimore
and Ohio affairs, sad he was greatly surprised at INC
changes, but he would venture no opinion as 10 ther
Import.
The changes in the board excited surprise in Wall
Street, because 1t could not be learned In few
minutes whether the CARROTS, the Drexel Morgan
syndicate, interest which may represent
the Philadelphia and Reading, was In absolute con-
troll. OF the seven directors, only SIX could
be accounted for. The death of T. Harrison Garrett
and the inability Of Robert Garrett explained the
vacancies which were filed by william F. Frick and
william H. Blac1ford. Maurice Gregg succeeded
John Gregg and W. S. Atkinson undoubtedly was
chosen to represent the interest Of G.. A. Won Lngen.
who is In Europe. Two or three other members OF
the board have been disabled by age or length OF
SERVICE but their successors represented only local
interests Aubrey Pearre Wesley A. Tucker and
j. Wilcox Brown take the places Of other directors
who had little other reputation aside from their
position or their in trade
The changes In the board were Interpreted, now
ever as meaning a complete overthrow In the manage
ment. The name of the new president was not made
known Senator German, of Maryland was talked
roft tho
pany that his chances were not much better than
those OF the present Incumbent. The frosh element
in the board is the election Of George De b. keim,
who of the three receivers OF the Philadel-
phia and Reading. There were few persons VINO
seemed anxious to back their opinion that Mr
Kem would be the next president Of the Baltimore
and Ohio.
WAITING FOR A TRUNK LINE ADVANCE.
There was no visible change yesterday in the trunk
line situation The published tariffs, including those
Of the difcrentia rate roads, which followed the re-
ductlons of the New-York Central on Wcstbound
freight rates a week ago, not reduced, and ship
pers who solicited cuts from the official figures are
said to have met with no encouragement anywhere
The Freight Classification Committee Of the trunk
lines have prepared a now classification In harmony
with the tariff. and the changes made are said TO
tend toward an increase of revenue that would not
have been secured under the old classification at the
rates.
No advance in Eastbound freight rates was an
nounced however, ard while negotiations believed
TO be pending for an improvement in the general
situation, they Of a character which require
secrecy for the time being. There many believers
in the theory that a radical settlement Of trunk
line controversies Is soon be announced, but there
are more believers in the theory that while
an advance in rates Will come soon IT will precede
by some time the contamination Of negotiations In
what can be looked upon as permanent adjustment
THE ERIE NOT TO FOLLOW B. AND O.'S ACTION.
Tr,lnk-Ilne circles have not been disturbed by the
Withdrawal of the Baltimore and Ohio Railroad from
Castle Garden its intention to establish a sepa-
rate agency for the sale OF second class tick
cts The Baltimore and Ohio has practically been
ont of the competition for immigrant traffic for
time and ITS retirement from the Garden is believed
have been dictated by motives of econ my. No
idea is entertained that the Erie will follow Its ex-
AMPLE and under. the circumstances, 1t Is not ex-
pected that the Withdrawal OF the Baltimore and
Ohio VIII place any new phase upon the Immigrant
situatiop The Iessened number OF roads which have
Ia bear the expense Of the Castle Garden JOINT
agency may lead 10 reduction of expenses In trunk
line machinery that point, but General Passenger
Agent Farmer OF the Erie has assured the other
lines he has desire TO take his ROAD
outside the Garden and invite ra'es that would DO
more ruinous than those which prevail In con
sequence of tho Lackawa1na's immigrant policy
ONE CHANGE IN THE BOARD OF DIRECTORS.
At the annual meeting or mo BuHaio ltochoS'ci
and Pittsbuig Railway Company yesterday, the only
change In the board of directors was the SUBSTITUTION
Of Henry Fatio for Frederick A. Brown. The full
board is composed of the following members Waits
ton II. Brown, Adrian Iselln Adrian lschn, )r.,
Frederick ID. Tahen, J. Kennedy Tod, Wheeler H.
Peckham, Auguste Richard, John G. Nesser, Henry
s. Barley John II. Hocart, Alfred Roosevelt, A ~,
elected president. The annual report showed gross
earnings, for the year ended september ooth VI
l., olz 90 and NAT a
ORDER RESTORED on THE HEREFORD ROAD.
sberbrooke Que, Nov 10.-Order has been restored
on Tho Hereford Railway. A force of railway en-
pIoyes regancd possession Of the rolling stock seized
by the strikers Is stated that two Italians were
shot during the melcc which followed the arrival Of
the force The Italians surrendered everything, ard
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