New-York tribune., 1884-01-03
NEw-YoRK AND NEW-ENGLAND.
LARGE SALE OF sToCK-THE RECENT MOVE D
TTSSFD.

LARGE SALE OF sTOCK-THE RECENT MOVE DIS
CUSsED.
BosTON, Jan. 2.-Over 5000 shares Of New
NewYork and New gland stock changed hands to-day
at from l3 ILL., the latter price being the last quota
ton OF the morning; and $4,000 OF the per cents were
sold from 93l2 95, while the IS were quoted at i
bid with no sa,s recorded The buying orders It Il un
dersood. came largely from NewYork while the selling
was principally by small holders, who have become fright
ened by yesterdays developments.
The decision of Judge Nelson the application for de-
cree similar 10 thai granted by Judge -hipman OF Hart
ford setback the petitioners, and at the same time
Is satisfactory the opponents nasmuch as 1t mas given
them lust what they wanted, ample time 10 deter
mine the policy TO be adopted in the case They are
confident today and assert that when the rchoarng IS
had before Judge hpman and the full evidence Is put in,
his decision must OF necessity be revised They intimate
tha the bill as drawn is defective in several important
partaulars and assert that must upon full hearing be
dismissed upon this ground If upon no other.
on the other hand, President Clark and his friends
discaim any intention 10 antagOnze themselves to the
remainder Of the road and even as they did ycste
day that their action for the best interests OF the
road the security holders and was taken only to avert
tecgraphic cOGrC pondeuce between President Clark
and President Roberts Of the PENNSYLVANIA road and also
director In the New York and eWEngland. was pup
lshed this evening Mr. Roberts, wGlle regrettng the
necessity OF appointing receiver. processes himself
brongbf apoH and regrets his Inability to be present at
the directors meeting to be held Monday
NEw-HAvES. Jan. 2.-E NJ Reed yice-presdent
OF the cons, dated road, said that the appoint
ment OF receiver OF the NewYOrk and New England
Railroad was none OF their work They had interest
I'm the road 90 not dollars worth OF stock, did not
know what course would be taken that the receiver
il apnoined and did not know who at the bottom Of
the matter 1--WE" he said certainly do not know how
long the road will remain I'm the hands Of the receiver
President watrous could not be found, and it was sup
posed he was out Of town.
Mr.. VANDERBiLTS VIEWS.
The transcripts New York dispatch gives what pur-
ports to he an interview with Mr. Vanderbilt regarding
New-York aud New England Railroad matters. He is re-
ported as saying 1T is true that asked 70 help
the road this trouble and refused because not
putting money where get return for II. I have a
million and quarter interest in the road, left me by my
father and IL has been kicking around the floor ever
since, and is there Why should put any more
money IN when get return for what Is there my
namei Notwithstanding my large interest, no one to
th. day ever and asked to be represented
mn the directory. II could have my say, Mr. Bliss OF the
Boston and Albany road. would have gone IN What the
road needs have ts interests protected and not
10 be run m the interest of the Erie and other roads to s
own loss The Erie road cannot pay anything itself How
can enable the New England road 70 pay anything
the former 10 get everything and the latter nothing
Mr. Clark is a man. and will not tolerate anything
OF this kind H. will not carry freight at loss for the
benefit OF any other road.