New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-17
RAILROAD INTERESTS.
BALTIMORE MERCHANTS ALARMED.
AFRAID OF NETWORK COMPETITION OVER THE
nAIT1MoRE AND OHIO EXTENSION.

BALTIMORE AND OHIO EXTENSION.
nalimorc Aug. IL SpcciaD.-Ihe complexion OF
the baltimore and Ohio Railroad Company 'orlnn''
AT Staten Island aud its through line 10 Ne" orA'
has Increased the alarm felt for some time III DusiS
circles OF this city that New-fork VIII DO" uia"
all The trade of the Baltimore and ONO Ihat lh'
busipess men of Baltimore have so much depenacd
,,noo A. soon as the company can command The
f,nds IL f. said that work will begin on the baiii-
more and Oho's elevated road through this CITY, which,
,,ber completed viii enable through trains from inc
West and South to 60 whlrling through hai'ilhorc'
and as many Of the merchants declare mahe 'hls
town tr,y way station Instead OF terminus
rir.t Vicc President Orand smith thus eNpiahs the
,Iov ~ the company as TO the terminals " Diner
entails NJ various amounts the lowest OF when Is
tbrcc cents hundred pounds, exist III lawn vi
Daltimore II would therefore be cheaper ~ snip
Western freight to this city than 10 Ne"-iorh OAR
timore Possesses ali advantage, so lar as All Pidocs
ON the baltimore and Ohio are concerned except
on Tho philadelphia and New-York divisions we
- - continue handling the inland commerce
90 paI,more or a large part of it, and in adduoh
win Get mart of the domestic traflc 10 anu Ho'l
New-York With regard to exports 'no on0'V VI
tbe completion OF Staten Island terminals upon
baltimore trade will depend upon the rca'Ve ocean
rates. Western man VIII inquire "hc'"oi -
cheaper TO send his frclSht ~ iN0iP0'i -
baltimore or NewYork" -
- baltimore and Ohio official said: 1T Is
Main case Of hustle for the bulk Of the trade between
baltimore and New-York Both cities mus ia ,aA 40
tIcr changes, and road which plctthus W ~
,, Inc can get along without New-fork terminus
~, nassenrcr facilities in the neghDoihOOd OF 'hdI
t,t t,riu Ia hard TO beat, anu Oughl 10 lVtNi oul
,tai,s nretty well. The supposiii0n j. mal Mheh
,ro cbanre our present arrangements WIN w No"
Jersey Central will llSc me uWo o" s S,rT,,
ybe Tobert Garrett and Erasus Nlmen' lor caaISlns
aesnncers across New-York Bay. The UP across
10 Ncw-York now takes about twenty -hVe lnu'Y,i
t,r We eXpect reduce IL 10 hitc,i' @ -
building new and improved BOATS IL 'ho9 a'' i'
necessary $500. T. 90 .,,c banl,crs I'm their
,roohlv circular tomorrow, cOmmcn'iE Oh 'lo 49,,
bmcnt of the line al its eastern eIhlhh on az
Island viii cxpiess the opinion that me Idl.lA1r1
n, Ctto OK tension To NcW-York T. 2 bad move LOT
1oitiyore They also state that the construcu0h pl
10 Ncv.VOrx extension was Inc ch'l 'a"ao - ~
GnarciaI cmbarla-, Of the COMPANY. tdy TT
circcs continue exercised over the chasing oi ihe
baltimore and Ohio main shops ana ue .IeIAl u.'
tnrI ~ work cmen Tho 1lambleton circular com
rn"ntinr rnou thi, move of the company, VIII say
/" trv one who I. watching the Baltimore ara ONO
- ~ Cotnpanv must BE- cOuvnc that tLere ha'
o ,fucd mo tho management OF that company
~ ton, which must be productive OF Coca results
Sentimental management has gwen pdcc 70 TUT
siation Of tic service and the adoption OF methods
10 cd ,,non strict busin"-, principles Inc hhahca
OF The company have ben Wfli manascl ana ,ne
ci,rfa,v Ia. on'r a small hca'ine debt the greater
yorti1n Of which i secured by cllateIals, ana ne
companv has in lis treasury good ana avaIapie
| ca-b asset. IN the SHAPE oi h"Soulpl,
sccu,ites The earnings Of the Baltimore ara
| 49,, a.. eatsfact0ry and we informed that IN
soces not shown I'm the monthly statement VIII bnng
the net earning, considerably ahead Of last year II
Is expected that larger surplus VIII be shown mis-
wear"