The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-04-10
c. & 0. HAS NOT
BEEN SUMMONED.
President Stevens Says That the
Stockholders Are Not Inter
cstcd in Coal Mines,
Will ANSWER QUESTIONS Z:
b. & o. Will Spend Ten Million
This Year for I'm
provcmcnts.
WILL ANSWER QUESTIONS

IN tho coal and oil investigation or
tlered bv Congress, the Interstate Com
mcrce Commission has directed the Penn
y savanna, the Baltimore and Ohio. the
Chcsa peake and Ohio, the Norfolk ana
z Western, the West Virginia Central and
pittsburg, the Buffalo, Rochester and
I.ittsburg and the New York Central to
furnish tho following informaton:
a list or statement showing the names
and location OF all coal mntS upon the
said lines Of road. or upon the lines of
other roads in which the said companies
are interested, giving the rating for each
such coal mine for car distribution when
& car distribution is made upon Il basis
Involving the rating OF mines.
4 list of the names OF stockholders at
the last date when stock books were
closed specifying such date, and includ-
Ing postoflicc address Of each stock
holder. If that will not occasion delay In
complying with this request; and In cases
where the last dividend was paid to per-
sons not stock holders Of record tho
names and postofiice addresses Of such
d persons.
"A list of the names Of Stockholders
present In person at the last annual
meeting, and list Of the names of stock
holders voting by proxy together with
the names OF persons acting as proxy
at such meeting and "a blank form of
the proxy used. !. =
a map or maps Of the lines of railway
owned or operated; also map or maps
OF any lines Of railway in which said
companies are Interested
fE=8sA ,.,op a.. of
served by the said companies. or by
companies in which said companies are
interested, showing the location upon
said lines and upon the lines. of such
other companies Of each coal mine from
which coal is offered for shipment.
In this connection President Stevens
Of the Chesapeake and Ohio said on yes
ierday that the officers Of his company
had not been summoned but that he was
ready to answer all questions.
lie said that no one CONNECTED with
tile Chesapeake and Ohio road held an
interest in the coal mines on the line
Of the road
The Financial Review" prints the fol-
lowing Interesting statement;
The Chesapeake and Ohio has been
showing increased strength on tho stock
market, due to dividend rumors. Al
though the matter will not come up for
discussion until fall, there is persistent
whispers that the stock, which now re-
ceives per cent, viii be put on Il per
cent. basis. This is justified by the earn
ngs, which arc now showing between
per cent and per cent. Tho road is
In fine physical condition, but heavy
capital expenditures will be necessary
to put tho road in condition To handle the
2 increasing volume OF low grade freight
In an economical manner With new
equipment. both motive power and cars
constantly arriving, and additional
Stretches of double track put in operation
tie management Is struggling with n bet
ter purpose TO handle the great volume
OF freight and passenger traffic now Of,
fered. The territory served by the IheSa
peakc and Ohio Us making rapid strides
Z III addition 10 the expanding coal traffic
great manufacturing centers are growing
m all along the line. Norfolk and New,
port News, the principal Virginia sea
ports and manufacturing points of grea
promtse Richmond next to Louisville
The greatest manufacturing city In ths
South, Charleston, Huntington, Ashland
and Ironton the last three Of which ar,
located at the bend OF the Ohio River
and are growing to such an extent thn
in the course of a few years one city
Mill line the river on both sides for mile
and produce millions of tons OF manu-
featuring products, a great percentage o
which will be moved by the Chesapeake
and Ohio
The Baltimore and Ohio directors hay
taken up the question OF new equipment
" and are figuring on the purchase Of 800
33inew cars this year. Last spring the roa
ordered 1900 freight cars and 23i engines
il Is probable that the majority Of tn
new rolling stock Will be coal cars, Their
Is nov some question as to whether IN
road VIII really need 5000 new cars lii
coming wear, In view Of the biz orde
given last spring, and this will likely b