New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-04-13
BIG RAILROAD SCHEMES.
AND BALTIMORE AND
OHIO SAID TO BE SEEKING CONTROL
OF PHILADELPHIA AND READING
AND NEW-JERSEY CENTRAL.

Baltimore April u (SpeciaD-Conferences
held in this city and Philadelphia in the last
few days by high officials of the Pennsylvania,
the Baltimore and Ohio and other railroad
companies have given rise to a report here,
which has been partially confirmed OF a big
deal by which the Pennsylvania and the Balti-
more and Ohio companies about TO absorb
the Philadelphia and Reading and the New
Jersey Central
The plan is said TO be for the Baltimore and
Ohio and the Pennsylvania to acquire the prop
critics and divide them among their systems,
the Baltimore and Ohio taking the Philadelphia
and Reading division. extending from Philadel-
pnia to Bound Brook, n. j., and one or two i'm
portant branches, and the New-Jersey Central
division extending from Bound Brook to New
York. The Pennsylvania would acquire the
naming divisions.
This scheme would give the Baltimore and
Ohio an unbroken line of it's own from New
York to st. Louis, and Louisville by way of
Cincinnati. and would secure to the PennsyI-
vania absolute control of the anthracite coal
tonnage of the Scranton, Wikesbarre and
Mauch Chunk districts of Pennsylvania, which
are now dominated by the New-Jersey Central
The management of both the Baltimore and
Ohio and the Pennsylvania have, for obvious
reasons, kept the matter secret until their plans
are fully matured. So far as is known no actual
ofrer Tor the purchase of d controlling interest
in the Philadelphia and Reading and the Central
of New-Jersey has been made, but there has
been considerable buying Of the stocks of the
companies by interests close to the management
Of the Baltimore and Ohio and the Pennsylvania
A who is familiar with Baltimore and Ohio
affairs said tonight
Within a few months the Baltimore and Ohio
will operate its New-YOrk trains from Philadel-
phia over the Pennsylvania, instead of the Read
ing, as at present.
Men in financial circles here say that. not
Baltimore and Ohio officials the deal is assured
and is in line with the movement of the Penn
sylvania and Baltimore and Ohio companies for
the merging of their interests. a financier in
terested in recent railroad movements said to-
night:
I am certain that the big deal is pending and
that the Baltimore and Ohio company viii ben
eft largely If it is cOnSummated The Baltimore
and Ohio now lands its passengers in York
at the foot Of Liberty-st., which is not the most
accessible part Of the metropolis. A few months
ago it established ferry service to the foot
of Whitehall-St.. where 1t also has passenger
terminals. That station is close TO the ele-
waited railroads, and will no doubt be made the
leading station of the Baltimore and Ohio in
New-York when the deal is consummated.
President Bacon and vice-President Greene
of the Baltimore and Ohio Southwestern have
had a conference with the Baltimore and Ohio
officials regarding the transfer of the South
more and Ohio It is understood that all diff
eulties have new been removed and -by the con-
solidation the Baltimore will have absolute
control Of It's lines TO Cincinnati and st. Louis.