Business: B. & O. Merger

The Baltimore & Ohio R. R. last week announced that it would soon apply to the Interstate Commerce Commission for permission to absorb the Reading R. R. and the Reading's subsidiary, Central R. R. of New Jersey. Such a merger would unite three roads with combined assets of about $1,712,826,542 and total trackage of 10,601 miles. The Jersey Central runs from Jersey City west to Scranton, Pa., and south to resort towns on the New Jersey coast. The Reading goes from Boundbrook, N. J., to Philadelphia, Reading,...

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