January 1900, No. 23 The Railway and Shipping World (Toronto) Page 18, col. 3

Canada Atlantic Sale Rumored.—Early in Jan. a New York correspondent of a Montréal paper wired as follows:—Some of the representatives of the Canada Atlantic Ry. were in New York a few days ago. They entered into negotiations with powerful capitalists for the sale of Mr. Booth's system. The price asked was $14,000,000 for the line & also for terminal facilities in Montréal. These latter, I am assured, were valued at $4,000,000, & the system itself, that is to say, the railway, at $10,000,000. J. R. Booth says there is no truth in the story.

Railways: C.A.Ry.

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