The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-11-30
TRUNK LINE DEAL REPORTS.
NO COSFIRMaTION or THE PENN-
kYLV1NII 1ND ~. e u. STORr.
President Csssatt Will Say Nothing mt
Present-Beiief 4, Pretty General That
Something IL Afoot-Prcsident Gala
wny of the New York Central silent.

President Csssatt Will Say Nothing Mt
Present-Belief !. Pretty General That
Something IL Afoot-Prcsident Cnlln-
wny of the New York Central silent.
No ofica confirmation was obtainablc from
any source yesterday OF the wdcly-circulated
reports that there had been important devel-
opments I'm the Trunk line situation.
including control OF the Baltimore and
Ohio Rsilrond by PennsylvanIa Railroad
interests. and the formulation Of new contracts
between the Pennsylvania and New York Gem
trail companies The following announcement
was made In Wall street by the New York News
Bureau:
I'VE can state on excellent authority that tho
control OF the Baltimore and Ohio Railroad Is
now In the hands OF the Pennsylvania
Railroad and allied interests. Our in
formation Is that President A. J. Cas-
satt OF tho Pennsylvania. has OF late
purchased blocks OF Baltimore and Ohio stock
In the open market which, with the holdings OF
]. ]. Hill and his friends. constitute acontroll-
ing interest The two roads will be operated
under terms which will result in large sav-
ings to both systems. This saving accord
ing to estimates Of PENNSYLVANIA officials will
amount to upward OF sl2.O0OOOO a year. or
over 81 200. 600 month aud will be brought
about by u lessening Of competition and joint
use OF terminals and trnckage. o,,- p.,,-,
said that they knew ot no change having Taken
place in the control ot ne somrnny william
tee, when Srcn, said:
IL don't know anything"
1t was learned positively that no question in.
before tho Board of directors Of tho
Ba,imore and Ohio Railroad either ON;
of the PENNSYLVANIA COMPANY was IN this city
yesterday to attend meeting e the MeTcan,
are Trust he rStnEned ShS ThiS S
IN the afternoon. and so far as could
be learned made no statement while n this
city regarding the reports that he had bought
control of tie Baltimore and ohio.
The stock OF the Baltimor" aud Ohio Com.
trustee pans IS being william 81 om%n. AbrH:
ham Wolf, q Kuhn. Loeb Co: !.
Kc@Gay TIT Mirsan ao4s u., F ronnn1
A EEis .Sii sxp 81 unit, ,T 1P
%nH Sos RI s sy a1 sGS nSz
parent that4he stock owpsfshir had suffered a
change th"v would T." liteiy TO rla.' new d.
cs%s ne e., .eT r%Gk n,SrT,'
was 10 th" rlr.ct that there had been deal
! ~ w"S9 Kw v"pYS a,E cn, II The ak@ %
over ,cnn;ro!ling holdings Of stock IN the
CLEVELAND. cincinnati Chicago and ~ Louis
ns baprM 6 ST n'S Of S pRomr
oitho New York Cent ral when questioned a bout
this report, anh he 'dtdn know anything AT out
il" Treasurer Rnssitcr OF IN. New York Gem
trail. VINO is looked unon az W. X. Nandcrhil's
personal representative. referred NIL question
rrs 10 President Galway. Mr.. Galloway sent
out word IN answer To inquiries that b" had
nothing to sry.
PHlLADELrHiA. Pa. Nov 2a-No,wlthstand-
ing statements to the contrary 10y Of
i"ials ~ the Pennsylvania Railroad, men
her" who have know ledge OF what il goo
opinion that there Is some deal on
tie verge ~ contamination which will
result in u practical domination Of Baltimore
and ohio Railroad affairs hy the PENNSYLVANIA
Railroad Company. and tn, generally accepted
opinion il that the New York Central ~ a
party To- the agreement
President Cassatt Of the Pennsylvania Road
He did not visit the offic" OF the company. In
response to a request for an interview. he sad /;
There IL nothing TO be said at this time.
Those who doubt the stories current as to
the ABSORPTION o. the Is. & o. hy tn" Pom
nsylvant, Railroad say that thore IL provision
n! 9Hif2, Wilmington hand aud nal'mGre roGd
rltory t. the south "a the BAL
ti,n"rn and Ohio. which does not permit tho
Pennsylvania Railroad To become possessed OF
a lin" TINT practically parallelS III" l. W. and
y. AMI the purchas" OF which would be preJu-
dIcial to the interest OF the latter
IL" Pennsylvania Company 20 burden ITSELF
with the Baltimore aud ohio tines nearly to all
points 10 the southeast and when entered 10y
IN" Baltimore and Ohio. They thnk there has
been deal. but that II only amounts TO N
agreement sim lar TO that entered into no.
tween tho New York Central ma the Pcnn.
vania Railroad M - q division OF traiic and
N tNt D. ga f.f