The times. [volume] (Richmond, Va.) 1890-1903, 1901-02-20
END OF THE RYAN
SEAB0ARD FIGHT
The News Was Anticipated So Stocks
Kept Quiet.
1T WAS A FlyE-YEAR CONTEST.
End Means Complete Maintenance of
Rates ON southbound Koads-prcsi>
don't Williams Made Director
of Old Dominion-Notes.

The most intense interest was mani
Tested in business circles yesterday in the
news that the five-year light petWeeh
Thomas F. Ryan and the Seaboard AR
Line Railway had been ended, and thai
the Seaboard and Southern We're no" on
absolutely friendly terms.
AS a m.ter of fact, it had been DELL
nitely known in Richmond and New lorh
since Saturday OF last week that the
hatchet, as between the Seaboard ana the
Southern, represented by Mr. Ryan, was
buried Seaboard securities took their
loftiest turn on that date, so as a result
there was no furry yesterday upon the
announcement of the contamination OF
negotiations for permanent peace.
The ACQUISITION by President John Skel-
ton Williams of all the Seaboard stock
owned or controlled by Mr.. Ryan means
the absolute end of the lonS-drawn-out
war between the Seaboard and the South
ern. The stock turned over to Mr. VIII
liams included 2,55S shares of Seaboard
common stock, twenty-one shares Oh KAT
eisl and CASTOR, and twenty-five SHARES
of Raleigh and Augusta. With these
shares Mir. Ryan has been making lots
Of trouble for the Sedhoard
Tho Ryar-Saa:aoard fight began in the
fail of 1896 At that time it looked as
interest in the road by the great New
Iorl, 1i.lancer was a matter of only a
few days. But L. Curzon Hoffman,. the
then president of the Scaboard Air Line:
J.. st. John. the then general manager OF
the line, am: others. succeeded in getting
control Of pool representing controil-
ing interest. and Mr.. Ryan's plans were
defeated He has never been able to OBJ
tain d controlling interest. although 1t
has been his object during all these years
of fighting, The Ryan-Seaboard fight has
been in the Federal Courts for several
years. 1t must be confessed that Mr..
Ryan has never received any great en-
couragement from the courts to prosecute
his fight. But he has kept on fighting
with a tenacity which could but excite
admiration. There was q distinct luil in
the fight, however. until the fall of 1899,
when Mr. Williams stepped in and &C
auired the control Of the Scaboard Ar
Line properties. Then Mr.. Ryan renewed
the battle. lie opposed consolidation OF
the various Seaboard lines into the Great
er Seaboard Air Line System at every
turn. But The consolidation was accom-
pliShed. 1t has been known for two
months that negotiations We're pending
looking to the adjustment of all differ
ences between the two great south-bound
lines. They were conducted with the
utmost secrecy On Saturday of last
been accomplished. Now comes the def
mite news that under the terms of the
award of Hon. Dan. S. Lamont. Mr..
CIeveland's Secretary of War. and now
the vice-president of the Northern Pacific,
MIR. Ryan has surrendered to Mr. Nil
lialns all his stock in the Seaboard Air
Line roads.
The fact that peace means an end to all
rate wars is chiefly gratifying to railroad
men. They realize that such wars are in
the last degree hurtful TO the companies.
and must in the long run prove harmful
to the public. Rates have been main
tanned by the two roads for some time
past, but there was no assurance against
cutting SO long as each side stood with
swords drawn.
AS further indication OF the harmony
existing between southbound transport
tation lines, it may be mentioned that
President John Shelton Williams. of the
Seaboard Air Line: President Spencer, of
the Southern Railway Company, and
Chairman of the Board Kimball, of the
Norfolk and Western Railway, have been
elected directors Of the Old Dominion
Steamship Company, which does ire
1nendous freight business between Rich
mond ard Norfolk to New York.
Below are the estimated gross earnings
OF the NorfOtk ana w eStefn:
For second week of February, $685. 5O;
same week previous year, S215,3Sl; in
crease, 500. 100.
Total for month to date, S5SS, So; same
period previous year, S520.4l6; Increase,
sos. 149.
July /, 1900, to latest date S9,SS5, So:
same period previous year, sS.624,373S in
crease, s1,e61, 15s.
1nent of the Chesapeake and Ohio Rail-
way Company's earnings for the second
week of February:
1901. s2l ,sS7ol; 1909. ss222 1905; increase,
s49240.333
For the two weeks Of February. 1901,
s5fs Goose; 1900, 44,s9s.3G; increase, s72,-
e37.24
Following are the estimated earnings
OF the Southern Railway System for the
second week OF February:
EXCLUSIVE OF ST. LOUIS DIVISION.
This year Last year Increase.
s6S!, a2I. SOS. 47e $40 OIL
ST. LOUIS DIVISION.
This year Last year. Increase.
sSs,e56 sSs,6s Ss,s74.
The Chesapeake and Ohio will move
next week four hundred troops to the
port News from Cuba and will be dis
tributed among the forts Of Nebraska
and Wyoming. The men will be con-
signed TO Forts Nibrara, Crook, Robinson
and Mckenzie. The movement will be
routed via The Chesa peake and Ohio. Big
-Four and ST. Louis and San Francisco
roads.
Mr.. T. c. James has been appointed
Commercial Agent of the Norfolk and
Western Company, with headquarters at
Wilmington. ~ c. He will have charge
Of the territory on and east OF the Allan
tic Coast Line, Weldon to Wilmington,
via Wilson and Fayetteville and south
and west Of -Alhemarle Sound and Chow
an river, reporting to Mr. DeLos Thomas,
Division Freight Agent. Winston Salem,
N c.
The February number of the Book of
aasl[EI:IlIERls s :;::::.: ':s"