New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-06-14
RAILROAD INTERESTS.
THE B. AND o. DEAL" COMPLETED.
MIR. BACON PAYS FOR THE STATES PREF hNNND
STOCK. AND TURNS IT OVER TO THE
JOHNS HOPKINS.

JOHNS HOPKINS.
baltimore June Is (specaD-Edward H. nacoh'
,he mysterious person who, Presidept Mayer Oh inc
-, and ohio SAYS represents his company
and who is also claimed by John Ii. lnmah DIS tl'e
commemorative Of the Richmond TciminaI Coihp'ns'
gas AT the Baltimore and ohio central ou"i"s 'i'''
morning before the leading officials OF tle oo'"P'"S
when President Mayer and Vice-Presdents hii.s al"
lien arrived Mr. Bacon held a long conference
with them, at the conclusion OF WING" II. ".S
state controller by appointment. and han tdD'ierrt
to him the 81 100000 first preferred Baitlofe ai"
ohio Il per cent stock held by the state
II Is understood that the syndicate pald loo ior
This stock. Mr. Bacon gave his check ioi N0 49,. ''
amount Of the purchase lie then turned O'el NV
nrof.lred stock to the Johns Hopkins Ci"No'''S
stoos for 600 of the $1,000 shares OF Baltimore
, o,io co,,,,on stock held by the university, an
allowance of 1Ol being rade for the ia'ler III "'0
transfer. ,.s In. Mr.
racon still declines to tell whom he represents III
he matter. lie says that teIore 'uS
/ when the option cAplIeS lie VIII nav Nv
money ready to pay for the $500 shares Oh bal1iAoI1
and ohio stock purchased from Baltimore CITY II
'N tt tbo syndicate has also obtained the other
2 900 shares held by the university ouylns " 'u''
right. ,,.,,. rorr,inaI
made a living visit here yesterday, 10 CONSULT "'
ao,nt Morris G. Mcngis, who has been cohoue'uie
tho negotiations with the city for the Drum fo'hO
Railroad Company 1t is Likely that Mr. Lau,eroa "
also had a talk with the Baltimore and ONO me-,
baro Interested In tine big deal one DI1Iioi ~, W
CAV Councils has passed tie ordinance prov ullib
no indor,ing 10y the city Of @oOO,OOO OF the Doius
~ tilc Drum Point Company. The constructor ~, Ui
mis- limo also cOntcmplatcs a c0nnectloh WIN ulo
Richmond Terminal lines Officials Of the bditl,nolc
and ohio now admit that they are LOOKING ior ciosc
tr,nic bu,lncss with the lichmOnd Terminal 'oni'
nanv after the line i, built from Linden On ue
Nctropotan branch across the Potomac Al present
Tho IN compane5 interchange freight ana pIsseii-
ers from Alexandria by on barges, 10 ShePhe.u
and at Stra,turI fourteen miles above "Inclcsvil
"a The business IS sent north ana west RON w,
Richmond Terminal lines. over the BaltliIorre anu
Ohio by these two routes TO points on inc bhilo I
and ohio Tho Pennsylvania now gets hlHccntlss
~ The freight from the Richmond Terminal, ana ABOUT
ninciy nine ont Of every 100 passengers.
Ionn L. IIamblet1n & Co., IN their weekly crCuldr
IN nor,ow commenting Oh the deal VIII say IN
n,rt The puCcha 81 the citys Baltimore ana
nto stock /, in the interest 81 the Garrett party ana
4, ou~ opluon no one Will bc admitted 70 the deal
Who T. not I'm thorough accord with the present mahaS;
mont some day the Baltimore and ono VIII, IN Our
an MON change hands. bit before that deaI II con
elrnnatcd the road must be brought mp 10 a paying
l,-is II would opp AR that for some time - conc
| President MAYER ard his assoclat', VIII hDlo ueF
1 lai,n,e Of power The deposit Of 9JoDGoo BhunOre
and ohio ~outhve hr>ts n security u Dnd me
Cnntr,c - purchle. IT the cit Baltimore ana ONO
/ stocT shows concusvely that English capitalists are
/ I'm the .dcll.'