Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-11-28
Mr.. HUNTINGTON A FACTOR
Rumor That He Has Purchased Lam
Blocks of B. and o. Stock.
Discussion of Fnture Probabilities
opini"n of mn omciaI-Postpone-
ment of stockhoiders' Meeting.

i"OiSu u railway circles that Mr.
fhuhunsto2 OF the Southern Pacific
NtnipanE. and who is also largely
interested In the sreat enterprise ar Nau,-
port News, has just secured a large ap,ou,,
OF holdings in the Baltimore and Ohio and
that he will soon take an ac,iv. no., q, ~,
arairs of the Baltimore and Ohio Co-nnapv
Those familiar with the. career M NJ
Huntington say that the Injection ~ his
personality into the Baltimore and ohio.s
anairs means the entrance into its dey.l-
opmeht OF very strong and aggressive
FACTOR, As railroad man Mr. Huntington
Is recognized as being one not disposed 10
SINK ms individuality i'm the great corDorata
enuty OF the company with which he Is as
soclated, but will force the impress OF his
own ideas upon the nolIcy Of any rna5 ,,-i.h
"hich he Is associated.
b. and O. OMciar. ytey,
a high official of the Baltimore and ohio
IN discussing the possible connection Of Mr.
Huntingdon with the system. said yes,s,.
day: 1T would be difficult TO say whether
or not MIR. Huntington is interested In the
Baltimore end Ohio. That is true. because
II would be difficult to say hon, To- NJ
huntington has been dealing in the rail
road stocks or securities However, I
look upon the rumors about his sudden de-
veiopmeEt Into an important factor as haInp
incredible. While II Is possible Tor NJ
l.
huntington TO besone q large DurchaSeT
Of baltimore and Ohio values / do MOI no
iieve there Is any disposition on his part to
thrust himself INFO the company as = sna-
cial influence Nv
Il can readily understand that the close
ness IN matters Of finance which is known
10 exist between Mr.. Huntington and the
banking house Of Speyer Bros of New
York Of itself is calculated TO Civ. cresIt
to the circulating rumor. 1t is generally
uhders tood that Speyer Bros are the ones
VINO do the financing for Mr. Huntington in
ms management Of the Southern Pacific
Al the same time the public well under
stands the relationship the same banking
house holds in the Baltimore and Ohio re-
organization plan. Those two links seem
to form the presumed chain upon which
this rumor hangs. II is concluded az once
that Speyer Brothers. as the representa-
lives of the reorganization committee. can
very readily make significant transfers To
MIR Huntington's interests. and We; 10 so
without apprlSlng the public OF the pro-
gress OF such operations.
1T is very true that such a thing could
be done. but j do not myself consider ~
likely. 1 have never been informed Of such
a transaction myself and think I would
be likely to know something about the mat
ter were 1t, indeed matter Of reality.
While all free to admit that Nj
Huntington could very successfully erserge
upon the market and become an active
dealer IN Baltimore and Ohio values. !
hardly believe such proceeding could have
any length Of time. At the same time
even II such be the true status OF affairs
there is nothing about his connection with
TIE baltimore and Ohios affairs which
should become matter for any particular
significance. 1t would play no impor:an:
role in evolution of existent plans"
Causes Comment.
The act of adjourniug the annual stock
holders meeting Of the Baltimore and Ohio
railroad until December > has stirred UP
considerable comment in railroad circles
generally. 1t is understood from good
thority that when the reorganization OF
the company takes place MIR. William Solo
mon Of the firm of Speyer & CO. will be
chairman of the beard of directors. 1t is
confidently expected that the formalities OF
reorganization will take place on the date
mentioned. although il Is possible.
count Of the many existing legal questions,
that it may be deferred few Gays. John
X. Cowen is slated for president; that
much is conceded by all factions concerned
But as TO the identity of the other OFF,
Gals not so much may be assumed.
Oscar q. Murray, who was one OF the
receivers through J. r. Morgan 4 Co. and
who represents the bondhOlders, has an
along been talked Of as vice president. but
now that he and Mr.. Hill have locked
horns il seems 10 be a case at the survival
of the httest. Notwithstanding the denisls
that have persistently gone the rounds,
officials on the inside continue to say that
the relations between the two are not the
most cordial in the world. IL is now un-
derstood that the bondholders viii have no
voice i'm the reorganization Of the com
pany. which. if ii is true, would seem 10
be inmical 10 Mr.. Murray's interests.
Western interests.
How much influence the western stock
holders. headed by President Hill Of the
Great Northern, may have Is yet to be seen.
II is generallyknown that MIR. Hin owns
considerable stock in the Baltimore and
Ohio personally, in addition To that which
he secured as a member of the syndicate.
1t is understood that Speyer & Co, con-
Quoting the reorg anization details. gave Mr..
Murray to understand that he should die
tate the policy of the Baltimore and Ohio,
and under that arrangement seems reason
able the explanation that he Will appoint
the manager of the road. Ii was TO clear
the way for Mr.. Hill that ". Nj. Greene
was asked resign and take the vice
presidency of the Baltimore and Ohio
Southwestern. Mr.. Hin. is generally
known selected r. ID. Underwood to sue
coed Mr.. Greene. apparently TO place him
of the Baltimore and Ohio Then a nice
little story comes Of Mr.. CndeTwood's
jaunt to Baltimore the presentation OF him
self 10 Mr.. Murray, with the explanation
of what he was there for, and Mr.. Muir
RAYS suaye retoin6er that he proposed to
look after that particular feature OF the
road himself. and finally Mr.. Underwood's
flight back to the scene of his earlier and