New-York tribune., 1886-07-20
4 NEW RAILWAY TO BOSTON.
rur NEW-YORK AND NEw-ENGLANDs NE"
CONNECTION
kvoAp TO DE BUILT FROM THIS CITY TO DAN
prRY-HIsToRY OF THE PRoJNCt-A|iiN
Try IN THE STOCK MARKET.

k,o.n TO DE BUILT FROM THIS CITY TO DAN
prpY-HIsToRY OF THE PRoJEcT-ACIlN-
IrY IN THE STOCK MARKET
r., Exchange brokers were somewhat sur
S.,s,tav az the p-rsistsu ce with which the luo'
-. for New. York and NevEngiana "ahroSu ''0'N
, =, since the road went into the hands o' ~
,..r INF, stock mas not been greatly IN uem"""' So
,,,,,rs It was generally conceded thst u"uo' '"0
.u.nt o, Receiver Clark the property haa pee"
- ,hs .lough into which 1t had fallen-Dad' I'D Law,
g. nroueA. out OF bankruptcy-it was SUI reS""s
- ,,,,. .avor by investors aud speculators' Az ''0
-, v..tsrday 1, was quoted at 42's. aud unde'
s...sv demandi It advanced by eghths 'n"' 81 INC
Z, "a. We, sustained At 44% Tnis ad' tA.e' N'nVu' F
.a,ent cause, was puzzlns, aad couiH o"., ="
sorntea for by the vague rumor a"o"' 49,,
arninrs Of the road had increased and mat Wv
=. ,.d besa promised. This was IN part true ""' W
,tn.l -,a,on for tho activity OF the stock was III"
t,,o,,nlv the uss OF certain information ganen o'
80, few 10 tho effect that the New'forx anu Nv
s-,.,d -o,t was TO have al entrance into TINS e''
trsleh wou!d placeit in position to compe's 70
,svartage with the lines now runnln- 70 bo7''"
rb.n.w an rance 20 10 be effected over the 'r'o
.r0., will be known the Nsw-fork' '''""u'' .
-, 3.uroad The frat irtimStion OF the coist'''
a., q, such road accessible to tho public was 'ne
a. ~. countv Ci.rks Offices in White Plalns All" ~ W
.,v on SATURDAY 0. mortgage 10 tne i ~ -
.,a Trust Company by the Ns~-ioFS' D's'O"
aflr
e. 600 600 6 Ger cent bonds payable In lS-o' u w
~ .,. eorrnans IN connection with me con'''-
a., continent ofa doub'e-rscS standard eaus'
-, from tns city 10 Danbury. a distance VI N-''
four niles - o.,.ivaa nv sev-
nv con.,r,ction Of such road was conceVeu O' o
wealthy capitaists Of .hs city three e'rs D.
,,o-.,ion paners we're 4. cd ant was ch'r'er
r,, h,trh occurred and operations we're sus po"''
80 r,,.-n,rv OF tn.s year. wnen the schemS VS.
800 in earnest A hue was surveyed 'ArouS" -
Varnon New-Rocnelle. Larcnmont' ~.
.,t p,rfch.st-r " y. and Mdgeheid' N"n"'' 4,
bury 1he charter and graded roAuDeu % '"s So,
80 Xev.Y,-k Railroad Company IN CONNECTICUT VIZ"
...,as H. prOect before It's track was 'a'u'
-. acoulred by the persons controHhs '"o
scban,e and eKienslon OF tne -
f1ed for completing that road was securSu to~
.he conpecticut Legislature. private sJhuio"'o s
.cr,nuou FOR the bonds nov being male anu IL IN s
ia. large portion Of them hss areany oeen s""'0'' =
,,,,har ~ wealthy mcn N this city and Boston sA'
80 he whole smeunt Of bonds Will be taken os1ore
,,e snd OF this month The general CONTRACT mas peen
It,aathe work OF construction will be begun during
tne coming month wish the expectation Oh operating 'ne
road IN March OF next year Tbs cost OF cons'Fuo''on'
inciu1lng equipments, WHICH "'-4 "o N'A''' " ~
mated Al $4,000 smii-.
Tfe ,rus object IN building the New York, Danbnry
AMI Boston RI -ay s TO furnish feeder to the Ne"
work aud NewEng gland and Housstonie railroads
-. ~, which II meets at Danbury. Tie present
,erm,pus Of 10 New-YoIk and New England roau
:, AZ Fisakil. ami In order to secure
eac, line 20 New YORK II obliged to run It's trains
ov.r the New-York anl New Haven li1e from whitman
Tic IN this way II only runs eighty-7eVen mics Oh '1
o ro.lped aud a. on that Of the NevYorS and New
uaven road When tAe new DanDury road Is Duit
c,r RIM IL trains 50 miles Its own road 10 D"h'"'J
and mus be compelled 10 pay tribute TO On outsN7
oor,, for haul Of fffy -four niles only TO gel IN %
York LronIl2le the limos OF 1ss Ne W ~. -
D.nhury AM Boston aud the suburOan l."pI ram
ro.ts vii connect and passer GERS VIII De iaaou Az u
-nttnst stauou oI Tug
b~crns Fleya,ed railroad and 20 through 10 Ine
R.ttery from The platform II they desire IT, 4hr
t.ri ies for handling freight will be much ths same 80
fros, enjoyed by the New-NOrk and New" uaven roal,
being boats and uarset
~ the north bank OF the EarSr KveranG pulled ~ -ny
al tIe u.e~s on the East ana North Rivers
1 r. present terminus OF tLe HousAionlc Fa.-roau j.
A. txeport. BY Da1Ou-y route the iraVel-
lng distance between this city and Pitlshe1, Le Z
Grsaf B.-rington and other points in the Berkshire
l..4 All along tie HOAsatOD!s Road viii De reduce
saf rh.r the subscribers FOR the bonds are 70 re-
o.'ve majority the stock. and mat persons hollns
suburban RAPID Transit Companies are the arsesi SUD-
- never saw such a demand for bonds as there is
IN tucs," SAID OF tho gentlemen VINO Is active III
o-g,rizlnr tne lew road but who refused 10
aiily the use OF Ma name. " Al the cAplI1ISI'
Ia wuoiu 7 have mentioned The scheme are aA1lous
nave nRnd 10 ir aud nave received Two OAcrs ISr
IL whole OF bonds These we're relused Oeeause
hest served by having the bonds and STOCK well a.
irlhrted Ths road viii open up new and, JeleVS .
,ousl.r line 10 Boston Tie total distance OY-' u 10
thr Rub vii "a miles. The a. TIE new OrA
sni NcV-Hasen route oy Wy OF sprihgned. 4ne u'9
lance over Line 232 miles and over the All
.es