N&W in 1909--PRR

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Thu Mar 5 08:01:04 EST 2009


Bluefield Daily Telegraph
April 23, 1909

OWNS THIRD OF STOCK OF NORFOLK AND WESTERN
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New York. April 22--Announcement was made that Kuhn, Loeb & Co. have sold approximately $19,000,000 worth of stock of the Norfolk & Western Railway company to the Pennsylvania Railroad Company.
This, together with the previous holdings of the Pennsylvania and its subsidaries, gives the Pennsylvania possession of about 37-1/2 per cent of the Norfolk and Western stock and practical control.
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Gordon Hamilton
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