Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1890-11-20
THEB.& RAILROAD
THE HISTORY OF A YEARS OPERATIONS ON
THAT ROAD.
Some Of the Interesting Features Contained in Prssi.
dent Mayors Annual RspOrt-The Bettsrments
Contemplated Oh the Lins-BsnwOOd and
Wheeling Mentioned "A Consolidation.

BALTIMORE, November 19.-In their
annual report to the stockholders of the
Baltimore and Ohio Railroad, President
Mayer and the Board of Directors make
exceedingly interesting statements.
They review the financial and ma
terial condition Of the road; concisely
detail the work OF betterments and
projects for extensions.
In speaking of roads in which all
the people are interested the report
says:
The purchase OF 4 controlling interest
in the Valley road, OF Ohio, with its ter
minalS. docks and elevators, at Cleve-
land, on the lake, was accomplished by
using funds on hand and without maxi
ing a loan. This gave an additional
market for the large quantities of coal
and coke shipped over the Baltimore and
Ohio, and supplied more freight in the
way of manufactures from that city, as
well as supplied port for the receipt OF
Western grain, and considerable pas
Senger traffic.
Control over the Upper Mississippi
River Railroad was obtained by 80
year lease, and the endorsement OF that
company'S first mortgage bonds at five
per cent. amounting to 100000. This
TOAD runs from Fairmont to ClarkSburg
and forms junction with two branches
of the Baltimore and Ohio. Along its
line have been built large number of
coke ovens whose product is shipped
over the lines of the Baltimore and Ohio
10 the Southwest and Northwest.
1, has ~ N X
4 q. was when it made lease OF all the
Camden lines in West Virginia for 999
wears. under the name of the West Nir-
ginia and Pittsburg road, and bought
over $4,000 acres of timber, coal and
mineral lands in POcahOntaS, Webster
and Nicholas counties in West Virginia.
The railroad is fast being completed to
the iunction OF the Gauley and Cherry
rivers. and. with branches, will amount
to about 96O miles of track. For this
the II. X O. endorsed 81 100000. of the
" Va. x =. Il. K. first mortgage gold
fyes. running 100 years. Many of these
limos were single-track narrOw-gauge
roads. running through fertile agricul-
tural country, while along them are
valuable timber lands and mineral de-
nosits. Three million dollars OF these
bonds were bonds were placed in New
| York and Europe at lO2, and subscribed
/ for three times over on the hrSt DAY.
The remaining Sl,OO0,0O0 bonds were
retained in the Il. X o. treasury, TO be
uSed from time TO time in equlpplng
the road.
On September l, -, 500, 900 per cent.
ho,ds ON the Central Ohio railroad were
redeemed. and A. per cents. were SUD
stitpted for them. The Cincinnati and
Columbus Midland were obtained
through the Central Ohio becoming the
lessee and owner of all the stock. This
line runs from Columbus to Midland
City. ,,
The Oakland aud Confluence railroad
has been built twenty miles from Coniiu-
Ience. Pa, up the Youghiogheny river
Ito Yough Manor, in Garrett county. III
COOS through a fine timber district IN
western MARYLAND, aud many thousand
Iarres of hard woods. The Baltimore
and Ohio i the permanent lessee ana
owner of Il majority OF the stock. Inc
; road was built by the Yough Manor
Land Company, and turned over TO the
/ Baltimore and Ohio on lease. There
. will be established on the road as ilne
. an establishment for making fire brick
as there is in the United States, as the
! fine clay on the tract IS as good as an!
in the country. and Is accompanied Dy
plenty OF coal for its manufacture there
When the road is extended to Oakland
as is contemplated, it will bring that
town within three hours of Pittsburgh.
A big oil region is being developed on
the line of the Baltimore and Ohio at
Warrington, w. Va, and pipe line Is
being built To connect with pipes for
Philadelphia, Baltimore and New York.
North Baltimore. on the Chicago diviS-
on. and Washington, Pa, are also oil re-
gionS that have built up the country
very much. and greatly increased freight
and passenger business.
A new road, the Chicago and Akron,
running 3 miles, from Akron, o., to
Chicago Junction, will be completed
during the winter. II will give the B'
x O. a short line Of its own towards
Chicago, from Cleveland and PittSourg::
II cost very little TO build, as most OF
the rights Of way were given freely anu
the grades are moderate.
The improvements at BcnwoOd ana
Wheeling are as follows:
At Benwood, West Virginia, the
junction of the Trans-Ohio DIVISION
with the Main Stem, large yards with
transfer and storage tracks, engine
houses, repair shops and other buildings,
for the transfer of the passenger anu
freight traffic between the Main Line;
the Wheeling and PittSburg Division ana
the Trans-Ohi Division. The eXpend'-
lures here during the year have been
s5s.Gl4.79. At Wheeling, West Nir-
ginia, improvements in the present pas
senger and freight station are under
consideration.