Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1890-05-15
4 nIa hAILRoAn DsAh.
The COnsondattun OF Isichmond
Terminal and baltimore & OHIO
Probable.

Probable.
INV YoBK, May 1i.-Thers appears TO be
no room Tor doubt that the Richmond
Terminal Company Is about 10 close a big
deal by witch control OF or d consolidation
With the Baltimore Il Ohio railroad may he
secured. TINS stock in question Is supposed
to be that owned b. Robert Garrett and bis
sister and the johns Hopkins University.
There ID also .als OF IN understanding
whereby tine Baltimore 4 Ohio stock and
honds Owned by the city Of Baltimore ent
state OF Maryland may DO ultimately turned
over 10 ihs Richmond Terminal people
also.
John H. Iaman ls said TO be Ia charge of
the negotiations, and II was auihoritativsly
stated to-day that Edward Ii. orDack,
attorney Tor tho Richmond Terminal, woult
90 to Baltimore to-day 70 concluds he
negotiations and possibly bring '.rga
share OF the STOCK back with, Many promi-
nent Baltimoreans and some OF the news
papers have for u long time advo ated SELL
Ing the railroad stock owned by the city
and state. Tbs Baltimore n Ohio stock
holders have also favored this action and
have freely asserted that unless It was done
the railroad could not keep pace Ia progress
with ifs competitors
1t has been pointed oat that the state and
city did not put money into the railroad as
a permanent Investment, but merely 10
help tha infant industry yeare ago, aud It
has been argued that the corporate inter.
ests, including the Johns Hopkins Uuiyer-
shy, in the railroad prevented the adoption
Of q progressive policy and prevented this
road obtaining the necessary money to OK
teud It's lines.
The authorities OF the university have
for some time been wllllng to dispose OF
the stock they control. II has been known
In Baltimore Tor several days that an effort
wss being made 70 form a syndicate for the
purpose OF purGha.ing the stoek OF the
| Baltimore h Ohio Company Led by the
state, Baltimore city Rnd the University.
Ine state holds S550,e00 Baltimore n Ohio
! Washington branch stock and s9jS, 6l5 Bal
ti.nor- " OHIO first preferred stock. Bald.
more city holds 5S.25O,O00 Bsltimoie& Ohio
| common stock, and the Johns Hopkins
| University Sl,6J0,0OO Baltimore OHIO
1 common.
| 1hls With what the Garrett family own,
1 1t Is said. will be sufficient TO control tbs
railroad. Baltimore has Dnaliy come 10
! the CONCLUSION that the road must some
| time change, and II Is fair TO presume an
amalgamatlon with the Richmond Ter
minal would be more satisfactory 10 the
former city than almost any other that
| could be suggested.
Ths rumor Of the negotiations for the
| Baltimore 4 Ohio stock was ahoat IN Wall
street on saturday, but could not be traced
| to a reliable souTcs.
John Il. Iumau declined 10 talk on the
subject, and other people who were sup
| posed TO possess Information we're equally
non communicative. reporter called on
MIR. Inmau to-day, and he would neither
affirm or deny that negotiations were pend.
| Ing.
81 can state positively that this stock has
not been bought" was all Mr.. Imam would
say. Hs acknowledged that tine company:
attorney would go to Baltimore to-day
'un Baltimore Il Ohio business" but s4ll
he hat no further information on the sub
Ieci TO impArt.