Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-09-17
VRON OCEAN TO OCEAN.
BALTIMORE q OHIO IS TAKEN HOLD OF.
...,. ri,ld sed Rsam DID the nua'nes'
jane. =. mn of the Great N"r'h
,n the Dominating Factor.

,,,.,ro sent. is.-The Times-IIerald
siys ...u r,o,d ana
x,,,n,p n. Ream have secured eonirol
-. baltimore 4 ohio railroad. They
- made James J. mn president OF
or.,t Northern railway, the dom
,-..,nv factor In the reorganization OF
a. sy-,,m. ard have gained fof chlca-
r, aud the Northwest What u p'ao'l-
any a trunk line from ocean 10 oee"n'
,on'r,lied By Chicago capital
a. nsam engineered the dcal py
%. MI. wealth. whigh that OF Mt,
nm sn1 Of Messfa. Armour anu tt'i'
l,i,.'t I. c,ntfolilug Interest ln me hai-
ilmrfe a ohio. which hens iol.n -
a. a chicago enterprise, ~ s.'v 80 ~.
tained boz tranfc0ninehsai au ~ ~, 80,
s,,,',,rnsT mileage OF the utea1 NvI.hs, =
..di".av N any road complete. the taP
",",sn M terminus oi tho sfNat
srlhsrn rtiiWay ln ~ PAU anu tnt
s.,,fnit~ 81 Inc Baltimore phip ~
.biraro ii viii BE- the Chicago pl,'s
Wrsicrn railway. but that "a "l'''1'
for the future. .....,t,sr NJ
Mr. Rcam VIII become a ~ .in i.' ~
an. executive committee 0f ne tepls ~
ia road and either Nr. tith OF Ml'
Armour may bscume director ~,
sb6trh In All probability the w, WI
a. r.presented by Mr. Rehm. Mt' ,ll
Connection With phe Transaction i9ts-
ehadbNs the statement thht ne VIII w
IN prime factor OF the rotd. ,-,.
While the price paid by .he Oni s H.
man l. moi known. the dctailn o. ins
uunsfsr of the properties Of the tos9
~. belng discussed al a conference htl1
IL ~. Auditorium Annex. AZ ms CON
fersuer. President nm, MIR. keam, Alt'
JnSn X. coWru. president " the hiltl-
NOR a Ohio. oscar Murray receiver,
Vud william ursene. general manager
of the road, were present.
Nr. nsam declined TO be interviewed
mi ans ~ ths Baltimore a ONO eih-
s|.is CONFIRMED ne IMPORT current IN
wal street on Thursday and ~ cmch-
a. railnhld circles that In addition 20
.bs bodinss VI the road, when tht
Woeksfolior Interests are reported 20
nav REQUIRED hast week for western
biekrr. Of the r9ad' Me..i.' l ..' ~. -
fn1uf Roam and Hil had secured h.l-
aifrf reorganization stock 10 make
csio4ra and tho West thr domlnant
ssmiui In the future Management Oh
pnsden, cowen was no; prepared TO
riti v foil statement until Nigf ne
~ consulted with Mr.. kcam. freal.
an nm WAS Ia jubliani ffame OF
rsH and would not deny that flell.
armour and R.nm had assisted hin IN
Amor rrallxlur his drcam ~ having
A r1rd from ths Pacific 20 the Atlantic
controlled by Western mon.
STORY ~ CORRECT.
Cincinnati, sept i1.-Mf. T.. H. ha-
e,u. nrrsl,is NJ Of The baltimore a ONO.
gIathwasern Railway company, Nno
has bocn engaged Tor come time WIN
shs New york committee. speyef CO.
ard KUN. Loeb a Co, hahkofa, anh
the receivers. ln assisting ~ tne ,s ~
iustmfni Of thr Nnalra OF the hAll-
moro & ohio railroad company. was In
t1Wn saday and was interviewed about
IN purchaaa OF che control Of she Bal
tlnfire a ohio road. lie was reluctant
- discuss the m dtcr. but after being
aivssd thH X has been published IN
Chlcagi, New York and shia city he
riid a number Of representative mon
iriofsHte1 wish large railway, manu-
fcufing and commercial lntrro-ts in
thl Northwest, Chicago, New York ana
othff rFlea on the complny's line h1d
ben flf some time neg 1flrtlnr for che
pufahasf q very substantial Interest
IN ne BALTIMORE A Ohio road ami that
such nfglintiona had been hrouEhi 80
o. successful conclusion That under
tht reorganization ample means had
ltu.afng capacity and facilities o.
ne road and putting " Ia a condition
o. rrmWly aud economically handle
larty Increased business,
Tart thf reorganization managers
hd alm decided that the subsidiary
nntf Including the baltimore & ohio
S9u,hgeatfrn. should b. likewise treat
ID. and arrangements were Nv being
concluded 10 rcadiust the affairs uf
auNh MUaa aud aHHttra a4Ulfal mt
them in the same condition "a the main
line.
Mr. bacon was very reticent. but II
Il sylieut that che control has been
purchased, and from what has been
learned here and through other SOURCES
certain that a much larger sum
thin NVVploOO has been paid for u.
and nat ihe rcorFanlzaiion managers
ana hkna1f are tpe parties who have
made NEGOTIATIONS
Az hacpn declined % state whether
she PRESENT Receivers would manage
n, analfn ~ the company In the fu-
tlf'' but u i wei known tina; they
~ N gNae alliance with the new own.
~ anu VIII undoubtedly be requested
$500, nm % ofhelally manage the com
,shiolgo, ssN. i7.-The Post saysi
H,Hhalsh authoritative announcement
ssn a Nlnsactlon Il withheld, the
lsifi railroad deal connecting
800 1919 j. hiil o. the Great Northern
$50 ana Prominent Chicago men.
p.i,, ~ Organization " the
s,,,. luis ohio ROAD IL credited IN
~ gu.tltfs, Norman n, l,eam was
~. Interested representative In the
sns ne members OF the confer
~, htli Yesterday had left Chicago
n ssshl Mr. Ream did not venture
!, Ih lhe current reports. but a man
,srie Touch with him said In an in
nn.Ni 'lie II over head and heels In
~, au matters II may be accepted
o. h,fe IA something In the rep,-S.
q, NJ lean would not devote 80 much
~ Ime TO this subject"
raj uM.lel OF the baltimore a Ohio
Mn sAll Mr. illll would be Identified
nss We reorganization OF the road. but
lhs combination between the Bal
m a, " ONO and the Great Northern,
fron, lel 70 create a through trunk line
~ eeAll % coast. was a matter of
~. Instant future
AZ auhfe, Wis, Sept i7.-At tho G.
N - o. fsul stockholders meeting held
w. NY iodaysOnly routine business
Nuhe, ana the old directors and Of
Vh'a we're reelected. Mr. Armour,
ohlo asked about the baltimore 4
Na ~, zeal, replied,
ana am mere on special business only,
Ohio" '''N "pout the Baltimore ~
hill rs NoN-coMMIrTAL.
NIL PAU, Sept ig.-Presldent L. l.
~. lhe Great Northern RAILWAY. re-
49, from Chicago today aud made