The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-06-12
NEWS or THE RAILROADS
Latest Information or Interest From Al
OuArtArR.

Latest Information or Interest From All
Quarters.
Z. r. Bacon. who secured controlling inter-
est in the stock OF the Baltimore and Ohio Rail-
road for mysterious syndicate. returned to
New York yesterday. He said:
We have secured 10000 shares OF stock. but
we can't mention the purchasers until we have
1t In our possession. which won't be for some
time yet. We have 10000 shares OF the Garrett
family's stock--l don't mean own them, but
they are In sympathy with the syndicate"
John II. Inman is quoted as making this
statement to the Baltimore Sun, which is in
harmony with the theory that Richmond Ter
minal has the inside track in the B. 4 q. deal:
Naturally enough we desire an outlet for
our trade at New York. and the necessity for
purchasing the Baltimore and Ohio stock will
be apparent at glance. This task was in
trusted TO Mr.. Bacon, who is Nice-President Of
oil OF our Southwestern connections, and he
has accomplished everything satisfactorily to
those who gave him instructions. When re-
turn to New York there will undoubtedly be q
meeting called OF the directors OF our roads.
and then 1t will be determined whether or not
the Richmond Terminal will be represented
individually or "a q corporation In the new
deal, Negotiations have been going on Tor the
past ten days. but they have not crystalli2ed
sufficiently for me to say Just what the atti-
tude OF the Richmond Terminal will be. but 1t
will be Interested either directly or indirectly
in improving the opportunity to get to New
York without further molestation."
The S'n is bitter In its denu notation Of the
ana Openly cha t9e That the city was
squeezed" in the transaction. 1t says:
The deal which has resulted In transferring
the control of the Baltimore and Ohio Railroad
and its future management &c, IN unknown
syndicate represented ty Mr. +. Il. Bacon Of
required perfect harmony and cohuoration be-
tween those who proposed to buy and those
who naa s ,ne s buye bs is to what
been DONE The situation was perfectly plain.
There were three large blocks or holdings. the
to 4 control of the road. Except for the pur-
pose of acquiring euch control. It was no
These holdings were the city's stock, 32,50O
shares. the stock owned by the university.
sns the 6e t.
controlled BY trustees. Mr.. Charles r., Mayer,
fresidsnt OF the roqd heinG one OF the trns,
discovery that an option N least hal been
secured by the partners represented by Mr..
sity stock which made the acquisition OF the
city's stock by any other. parties useless and
or oa eGef e Sn the
city to sell its stock at par The city was
simply squeezed in the transaction. 1t was
ingenlously done"
The new Railway Club of New York has boon
organized by the election Of these officers:
agent Of the Missouri Pacific: Vice President,
William Pummer, general FHstetn agent Of
Cockey OF the Grand Trunk and Secretary: j. |
\. Dunbar Ct the Ontario and Western. The
Of At the Northern TScine: u j. Bogart d the
Chicago and Alton; L. S. ,Greves Of the Great !
Northern A. b fnrnsw2rth OF the Eock Island
The Railroad Freight and Passenger Asso-
citation Of New York elected these officers at its
al M President. A H. Pride
Presdeyt Charles 0berG Of the Alton Sec,e,
Company and Charles SchleGel OF the Denver /
and Rio Grande; Treasurer +. \. Wells of the
Northwestern road.
The Ontario and Western will oren its, new
June 20. 1t is called the Ontario Carbondale
AMI Scranton. and 1t connects with the Central
haToRRd Of New Jersey at The Two
derot ut Scranton. They will start with
road is more than fifty miles long and 1t will
greatly increase the business of the present
line.
The Baltimore and Ohio Railroad Company
which the following is, in part a copy This
company will not. under any circumstances.
M FnoWn to
Thinking places must be varied to discontine
p1stse IF bpd ths
sitter on OF OF duty 30 person discharged
or ntoxicaton will be reemployed"
Articles OF association OF the Johnsonvllle
md Ku,lard Railroad Company. with capital
# 81 100000. were fled in the Office OF The Seq
etary OF state mt Albany yesterday. The rail-
Dad Is to be constructed and operated from
RENSSELAER, county, to Granville.
Va? hing,on County and will be forty six miles
n length. Among the incorporators are
sHss H nsns sas IA f. K Kgs
William n NiaV New York
The annual meeting OF the Toledo st. Louis
edo Yesterday, resulted in the election OF the
GLOWING Board OF DIRECTORS: Robert Harris.
/ A A i,ac chaTes aT Joseph s stout W.
iobert G. ineerso F. l. Enst OF New Y SnVi
CHa ana c"r NsS B af ToodH W
nemb ers Of Robert Harris. XPresident OF the
,rother TO Phil D. Armour of Chicago OH.
ers will be elected at u subsequent NEE ting IN
Jew York.
The Inter-S!ate Commerce hearing in the
ther leading railroads charged with discrm-
mating in rates iu favor Of shipments from
reduction. has been discontinued. The hear
ne will he resumed at some future day not yet
ecided upon.
A ticket ofllce has been established in lower
roadway winch Is lIke!y TO create n row
mong the trunk lines. Tor they ostensibly
ontine their First ward business to the Joint
Nice at broadway. The new brokers' office
endent Jackson Of Castle Garden. They are
authorized to soil Lehigh Valley ,
Western issue and possibly ono or two others
/ tho trunE lines. can, be Obtained there.
here was n long discussion about the matter ,
Tuesdays meeting Of the Passenger Com ,
littee OF the Trunk Line Association.
The SYNODS WIZ NOT UNITE.