Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-07-27
SALE OF LARGE HOLDINGS
Mr.. G, P. Huntington's Interest in Newport
News Company
Nay Be Sold to Syndicate of Which
Chesapeake and Ohio II. r..
is n Principal.


Special Dispatch to The Evening Star.
NEWPORT NEWS. Va, July 27.-It is
understood that parties who are largely
interested in the Chesapeake and Ohio
Railway Company will furnish large por-
ton of the money with which the syn1i-
cate, recently organized, proposes 20 pur-
chase the interests of Mr.. c. P. Hunting
ten in the Newport News Shipbuilding AM
Dry Dock Company.
There are some persons who are disposed
t0 discredit the rumor that Mr.. Hunting
ton is about to dispose of his large hold
ings in the company. but II is known that
the great railway maSnate has been APP
preached on the subject, and he has named
Il price for his holdings. The other parties
Interested in tine deal are considering the
matter. and it is considered probable that
the transfer vii! lake place in the near
future.
Some New Contracts.
No one. however believes that a change
of ownership will retard the business of
the company, as the tremendous boom n
American shipbuilding which is to
follow the war will necessitate increased
facilities for the yard in this city. The
company has within the past few days re-
ceived the contract for building three
Z agnificent steamers for the Morgan line
and 1t is stated that the reception of a
contract for the building of a tug to take
the pl--ce OF the Ell Toro, now the A!gon-
quin. is assured and will be received with
in a few days.
The company will also construct for its
own use an immense dry dock the plans
for which have been already approved
and upon which work will be begun at
or ce- The general dimensions of the dry
dock are as follows: Length. 500 feet
width at entrance, So feet: width at the
top, $50 feet: water over SILL 20 feet -
will have concrete bottom. which viii be
60 arranged that ali necessary work under
the keels Of vessels can be done without
Inconvenience The entrance Will be
guarded by immense granite blocks set in
concrete, while the sides will be con-
structed of timber.
Superior to Any.
In some respects the new dock will be
like the government dock at Puget sound
but will have a number of Improvements
which will put il ahead of any similar
structure in the United States 1t will be
what is termed y composite craving dock
The great dimensions of the new basin
viii be better appreciated when IL is said
tEdt Two OF the worlds largest battle ships
or cruisers can be accommodated in it at
one time. The new basin will be con-
structed Immediately ad joining the old dry
dock. which is LOO feet long. 80 feet wiEe
at the bottom, and has a depth OF water
over the sill of - feet. Thus ii will be
seen that when the new dock is finished
the ship yard here will have the finest
docking facilities of any plant in the
world 1t is thought the new structure
will be finished within a year.
Transfer of Troops.
The Chesapeake and Ohio Railway Com
pany commenced yesterday the execution
OF contract for the transportation of
$3.50 United States volunteers from Chick
amauga TO Newpcr News. and viii! prob
aoly complete the work today This is ad-
dltional TO The 5000 men and 900 horses
and other army equipments carried be-
tween the same points. as already mem
~ ned in The Star. Saturday and Sunday
llst, In order TO fulfill the conditions of the
later contract, the use of 300 tourists
sieepers and an aggregate of $40 cars of
various kinds were required. These were
run IN sections averaging twenty cars
each In addition to the above the Ches-
apeake ard Ohio received from the South
ern and Richmond 5000 additional yolun-
teers and their equipments. which the
chesapeake end Ohio carried from Rich
rnond 10 Newport News. The latter place
was selected as the point of delivery be-
cause OF its superiority as a point for the
loading Of transports