N&W in 1912--Get DT&I?
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Mon Mar 19 12:11:42 EDT 2012
Bluefield Daily Telegraph
Fri., April 12, 1912
NORFOLK AND WESTERN MAY GET D., T. & I.
Should Deal go Through George P. Johnson Will be Made President of Acquired Road
SALE HAS BEEN PUT OFF UNTIL NEXT OCTOBER
Would Give Outlet to Great Lakes for Pocahontas Coal, Now Sent Over Hocking Valley, C., H. & D. and the Pennsylvania Lines.
WOULD GREATLY INCREASE FREIGHT REVENUE OF ROAD
General Superintendent, George P. Johnson, western general division, with head quarters at Bluefield, and Superintendent, J. T. Carey, Scioto division, with headquarters at Portsmouth, Ohio, both of the Norfolk and Western were in Cincinnati Wednesday according to the Enquirer. Work has been started on the new depot at Norwood, and they spent the day in inspecting that plant and in going around Cincinnati terminals.
With the visit of Mr. Johnson, says the Enquirer, came the report that the Norfolk and Western has been considering the acquisition of the Detroit, Toledo and Ironton, the sale of which was deferred Monday until next October. Should the deal go through Mr. Johnson will, it is understood, be made president of the road, giving two members of the Johnson family that title, as his father, L. E. Johnson, is president of the Norfolk and Western.
The acquisition of the Detroit, Toledo and Ironton will give the Norfolk and Western an outlet to the great lakes [sic], as at present time it sends its lake coal over the Hocking Valley, Cincinnati, Hamilton and Dayton and the Pennsylvania, part of it coming through Cincinnati. The Norfolk and Western in the event that the Detroit, Toledo and Ironton is bought, could use its own motive power and rolling stock on the Ohio road. Connection could be acquired by the Norfolk and Western at Waverly, Ohio, on the Columbus division, south of Columbus.
At the present time the Norfolk and Western sends coal over the Cincinnati, Hamilton and Dayton, from Ironton. The acquisition of the Detroit, Toledo and Ironton with its subsequent improvement will enable the Norfolk and Western to have a longer haul on its lake coal instead of dividing the haul with a number of other roads. This, of course, means more freight revenue for the Norfolk and Western.
Mr. Johnson declined to talk about this matter, but it is known that the Norfolk and Western has been considering the Detroit, Toledo and Ironton as an outlet to the Great Lakes.
The coming year the Norfolk and Western will greatly increase its coal tonnage, which last year passed the 21,000,000 ton mark making it one of the most important coal carriers in the country. However, officials of the road point to the fact that the Norfolk and Western is other than a simple coal carrier, as the tonnage outside of coal is very large. Taking 100 per cent as the basis of all of its tonnage, statistics show that about sixty per cent of the tonnage is coal, while the remaining forty per cent consists of miscellaneous freight.
As was stated in the Enquirer, the Norfolk and Western will invade the Kentucky coal fields, building south eleven miles from Williamson to Pike county, Kentucky. The coal in this field has peculiar properties that make it an excellent product for the firms manufacturing coal by-products. A considerable part of this coal will be marketed through Cincinnati, as a Cincinnati company will make a specialty of selling this coal to the trade.
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