Evening star. [volume] (Washington, D.C.) 1854-1972, 1896-08-28
NORFOLK & WESTERN ROAD
The Southern Railroad Said to Be Ooutem-
plating q Purchase.
Reasons Why This Would he n Good
Investment for the Morgan
Syndicate.

Mention was made In The Star several
mcrths ago that all indications pointed to
the requirement by the Southern Railway
Company of the Norfolk and Western rail-
read. These who are in a position to be
reasonably well Informed on the subject
say that arrangements for the deal have
been practically completed, and that the
tran saction will be formally closed at the
foreclosure sale, which, it is understood.
will take place during next month at the
farthest
To secure the Norfolk and Western
Would be directly in line with the policy
that the Southern has been pursuing for
some time past, to absorb and consolidate
With Its own system any line that could
be of special benefit to it,
IL Is the impression in some quarters that
II the consolidation above mentioned takes
place one result will be the construction
OF new short line of railway between
front Royal,Na., on the Shenandoah Valley
division of the n. and W., to Washington
via Vienna and Falls Church, Va The
former CIV ers OF the Norfolk and Western
were very anxious to have such a connec-
ton, as ii would save them an immense
expense In getting their trains into WASH
ihgton-lhelr only means OF getting here
n being via the Baltimore and Ohio-hut
the hard times which set in three or four
years ago and the passing of the " and
W. into the hands of receivers put an end
10 the scheme for the time being.
Extent of the n. and w.
The main lines of the Norfolk and West
ern extend from Norfolk and Portsmouth,
Va. to Bristol, Tenn, from Roanoke. Va,
to Hagerstown, Nd, and from Radford,
Va, to Columbus. Ohio, a total mileage of
about l. 400 miles
The n. and W. would he a natural con-
nection for the Southern to make al Brs-
tol, Tenn. AT present the Southern IL cut
on there. With -" Norfolk and Western
IN Its possession, The So,.tnern would prac-
tically control the great coal fields of kir-
slnla and Tennessee, and it would get up
lillo Maryland very near TO Baltimore
Philadelphia and New York. Il would also
reach up as far in Ohio as Columbus the
very hear; of Thai rich country and with
the Br.ce- Thomas Lines out of Cincinnati
and Columbus. the Southern would have
us own road from Chicago and the great
lakes down into the south. The Monon and
the Cincinnati, Hamilton and DAYTON are
understood TO be kindred lines lust as the
southern and Central are understood to
be kindred in Georgia.
Straws of Indication.
Another matter which leads TO the con-
clusion on the part of some people that IL
is the Intention of the Southern TO absorb
the Norfolk and Western is the following:
Major Henry Fink is one of the receivers
Of the Norfolk and Western He was for
=, iNHs piie the iedu anu front OF the East
Ienfessee, virginia and Georgia, when il
v as one of the Richmond and Danyilie
properties. When that road became the
property of the Southern Major Fink be-
came the receiver of the Memphis and
charleston. Afterward he was made a re-
ceiver for the Norfolk and Western, and
ne continues 20 hold both positions The
Memphis and Charleston will, IL is gener-
ally understood, be sold at receivers sale
ana II is conceded the Southern Will pur-
chase 1t.
II is pretty well known that unsuccess-
Iul attempts were made by parties in Phil
adelph1a, where the general Offices OF the
Norioi6 and western are located. to re-
organize the latter. Most OF the stocks
and bonds OF the company are held in Eng
lard.