The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-02-02

ARE N oTa SEEKING CONTROL IN 70
What c, & @. Stock Is Being.

8 3ss'.The railway company lis deficient In 4
shop capacity on account of tho recent /
very large additions to upment, neces. i
stating the sending Of locomotives and
cars TO outside shops for repa,Ts'If5l 20
management Is confronted With the mecca
\ slty Of 5enlarglng the shop facilities, and
i3have called for comprehensive plans tor
$ such additions as may be adequate 70
take care Of present equipment and that
Y whlch8$lt contemplates purchasing IN the
X ne ar future. u President George w, SteN-
ems, .of the Chesapeake and Ohio Rail.
81 way Company. III N
statement Just quoted succinctly
4 states the present attitude Of the Chesa-5}
3penke and Ohio Railway with reference
NJ to the reported prospective enlargement
OF the shops Of the company. AS maj
Gated lii the statement, the company has
h not vet formulated It's plans, nor deter
mined upon6Just what or, how great en-
8largement Is necessary for the repair 3pf
y equipment Of various kinds. AT this time
( the company has ten locomotives under
roir1,, repairs In the Richmond plant Of
$the American Locomotive Company, and
&the same plant is filling contract for
d the construction of twenty locomotives
for ward and switching work. The capac-
Eity of the car repair and construction
u shops is inadequate to the demands con-
Blnent made necessary by the augmented
.ttraffic@of tho lines F8 ,85
Tho question of Il site, It may fairly
+ be inferred from Mr.. Stevenss statement,
lus not vet been taken up nor has the
company even determined upon the ca
pacity and tho probable number of en-
ploycs that such a plant would require.
in the cvcntthat tits determined to make
any ENLARGEMENT OF the shops at this
SO tlv1 nj irtn
would DO located on the conpany's eX-
,ensive properties in Fulton, just outside
the city limits. At present the Chesa-
peake and Ohio has more or less extern
ave shops at Richmond, Clifton Forge,
Huntington and Covington, KY, ana minor
shops at other advantageous points along
the line.
Will Not Compete.
In no event is 1t contemplated to con-
s.iruct locomotives at the prospective en-
larged shops. for the very practical rea-
son that the private shops or q. railroad
company ,cannot compete with the great
locomotive manufactures OF the country,
and railroads buy their equipment in the
cheapest market. The company does
lave a great deal OF work in the way OF
reconstruction and repair of locomotives
us and cars, which it could do to advantage
la It's own shops ii they had the capacity.
is, therefore, what the company now has
tr contemplation. II Is time enough
10 consider the matter Of n site when the
company has determined upon what shor
{. capacity it may require for present and
future needs,
II was stated yesterday that meet
3nt, Of the Chamber Of Commerce would
probably be called in a few days to take
such action as 1t may deem desirable
looking 10 securing the location In oi
near this city of the enlarged shops nov
in contemplation.
Not Seeking Control.
si at was stated yesterday by vel
known railwaysofficial in a position to b
NJ familiar with the financial plans OF IN
H chesapeake and Ohio Hallway that lher
was nothing In the recent rumor mat N
81 Vanderbilt interests were seeking 10 =
enlarge their holdings OF Chesapeake an
ohio stocks az to dominate the policy G
mai company Certainly that statemen
Is The opinion OF the official In cues
lion and his opinions are generally give
Fl weight II WAC further stated thht W
Il Vanderbilt and Pennsylvania interests
the Chesapeake and ohio Halfway ~
working in entre harmony. !olhuE, ~ y,
,wo interests could probably dominate II
nolicies Of the road. Whatever buying {
r,hesapeake and Ohio stocks there ma
have been recently is regarded as pun
chascs for investment merely by inte'
rsts Identified With the Vanderbilt Inc
me excellent showing Of the chesapeal
and Ohio for the past year and mo-
esrpecially for the past six months, al
iiye promising outlook OF the property 4
the future, have undoubtedly created
demand Among obseryant Investors I
enlarging holdings Of Chesapeake a.
Ohio stocks.
49, i. q III !. f,l,a..4ars Granted