Evening star., 1901-04-29
SEABOARD AIR LINE STOCK
HEAVY DEMAND FOR SHARES IN
NEW YORK.
Belief That Washington Will Become
Important Point on Trnns-
continental Line.

For time past there has been a
very heavy demand In the New York stock
market for Seaboard Air Line stock, and
for weeks there have been rumors that the
buying has been done in the interest Of the
southern. Pennsylvania or Louisville and
Nashville railway companies. Unless all
signs are erroneous the buying has been
for the last-named company. and it is
thought the time is not far distant when
: Washington will become one of the most
important points a new transcontinental
iiue. in which the Seaboard and the Louis
willie and Nashville will play most impor-
tant parts.
Ar application for the charter of a road
to be known as the Birmingham and At
lanta Air Line railroad though located
seEeral hundreds OF miles from Washing
ton. it is believed furnishes what may be
termed inside information of what Is really
tn take place regarding the building up of
great competing system to the Southern,
and which will seek an entrance into every
southern and western city reached by the
Southern. if, indeed, the lines of the roads
referred to do not already do So 1t is
generally believed that the Seaboard Air
Lime road in the east. and the Lou1svlie
and Nashville or Illinois Central or the
KarSas City. Memphis and Birmingham In
the west are behind the movement. and that
the Birmingham and Atlanta road will be
built and used a connecting link be-
tween tne systems mentioned
The Several Companies.
The Illinois Central IS one of the great
systems of railways in this country having
direct line from Chicago to New Orleans.
and. with other lines to st. Louis. Omaha
and other trade centers. and with branches
extending into all parts of Illinois. Iowa.
eastern Missouri. western Kentucky. west
ern Tennessee and through the state of
Mississippi and the southern portion of
Louisiana 1t also has a branch line from
Aberdeen junction. Holmes county, Miss,
To Aberdeen Monroe county, near the Ala
bana state line, There Is also a branch
linz of the Illinois Central running from
the Kansas city. Memphis and Birmingham
IL Winfield Marion county, Ala, distance
of about ten miles.
The Seahoard Air Line runs from Rich
mrnd. Va, through eastern Virginia and
North and South Carolina and Georgia to
Atlanta. and also has line to Montgom-
cry. Ala. This system has been seeking an
entrance to birmingham for several years,
and at one time was reported TO have
bought the East and West railroad of Ala
b"ma. which rliHs from Pell City. Ala, to
cart arSvill. Ga
I. The Kansas city. Memphis and Birming-
ham. another line which is mentioned in
connection with the ownership OF the Bir-
mingham and Atlanta Air Line, runs from
birmingham to Memphis. where it connects
with the Kansas City Fort Smith and
Memphis road. which is owned and oper-
same management The Kansis City lines
recently passed into the control of the st.
fo}is and San Francisco Railroad Conn
Iiny. and while the two systems will he
operated as independent systems COM
nr:nity of interests will be established and
maintained.
More Than Half the South.
The ST. Louis and San Francisco covers
the southwestern portion of Missouri east
"a Kansas and the Indian and Oklahoma
territories and has line running into the
northern part of Texas Should the ST.
Louis and san Francisco. through the Kan
Kas City line be back of the Birmingham
and Atlanta Air Line this would give q
system that would cover more than half of
the entire south and give it entrance to
the best cities and the greatest industrial
C"nterS In the south.
The Louisville and Nashville lines Were
described at length in The Star so recently
as to render a repetition at this time un-
necessary.