New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-29
RAILROAD INTERESTS.
NEW-YORK AND NEW-ENGLAND.
BOSTON NEWSPAPER DISCUSSES A FEW OF THE
POSSIBILITIES OF THE STOCK.

NEW YORK AND NEW-ENGLAND.
A BOSTON NEWSPAPER DISCUSSES FEW OF THE
POSSIBILITIES OF THE STOCK.
BOsToY. Sept. % tSpeciah.-Referring to the
New York and New England and the recent advance In
its securities The transcripts financial article gives the
following among the possibilities: That Mcssrs
Could and Sage control Of the stock. and
that there will be Lively times at the next annual meet
ing in all probability; that II the gentlemen named
have obtained control the Now York. New-Haven and
Hartford people may be confronted with an unpleasant
fact, namely a lively opposition managed by skful
men ; that the last named corporation may have TO
make much for obtaining control of tho
New Engan than they we're willing TO grant some
mont hs ago that possibly the NewHaven may not get
tho New-En gland at all; and that, come what may,
Boston business men may congratulate themselves
upon the probability OF having greatly improved
service between this city and New-York before long,
What Boston mercantile interests demand Is short
enng of the hours OF travel between this city and New
York and the improving of The service in many respects
This has got to and the New-YOrk and New-Eng-
land is the road TO do It,
the New. York and NewEnglaud Railroad Company this
morning the second semiapnuai DIVIDEND OF 90 per
November l. to stockholders OF record October l6 NO
the subject received no other mention than refer
10 the fact that Connectcut taxes VIII soon 90 ie
led and tho present high price OF the stock causes little
saduess to the directors 10 consequence.
THE MONTREAL, PORTLAND AND BOSTON SUIT
MONTREAL, Sept. 2S.-The Court of Appeals
has rendered Judgment in shs case of j. L. Morris ap-
pellant against the Connecticut and Passumpsc Railway
Company respondent reversing the decision OF Justice
johnson Superior Court. given In favor OF the
railway company two years ago. Seven thousand nine
hundred and twenty four shares OF the Montreal Port
land and Boston Rail way sold by the sheriff here
at auction on a Judgment obtained by Mr. OHaloran,
O. c., against Mr. Barlow. president OF the road, and
were purchased by Mr. Morris The railway company
entered the Supreme Court TO seq aside the
sale the plea that the stock should not have
been sold en- bloc Justice johnson arnuIled the sale
when Mr.. Morris appealed from the Judgment,
which full Appeal Court has reversed declaring the
sale To gooi oying 1t down tnat the sheriff could
not 40 otherwise than sell under the warrant OF the
court which he held The P.lS galway company has given
Judgment also given by Justice Lorsnger in favor
OF Mcssrs Mitchell Co.. brass founders here against
the southeastern Railway Company for $4,000
THE HUDSON SUSPENSION BRIDGE.
w. C. IIurd president OF the Hudson Sus-
pension Bridge and New-England Railway Company,
yesterday the report OF the engineer in charge
OF surveying routes for extensions to connect with
the different lines approaching the bridge both sides
of the river The plans include extension from the
bridge point nine miles east where junction will
Do made with the NcwYor City and Northern Rail-
road by crossing the latter aod going six miles fur
ther connection can also be made with the Harlem
road. BY the former route a., In tact by the latter
Brewsters will be reached thus tapping the entire New-
Pennsy vania the Re adng the Delaware, LsckswaDna
Western and al other coal roads on the west side OF
the expected TO contribute large traffic 10 the
bridge. -
tho financial arrangements for building the bridge
have been pleed by Robert Sewel who IL counsel
the company. 1t was SAID yesterday that the 6ds
for the OF construction had been considered thor
onghy and tnat the Keystone Broge Company, Of Pitts
burg, will probably receive the contract
NEUTRALITY-SUSPICIOUS. ABOUT NEW ENGLAND STOCK
Wall Street had its interest in New York and
En- nd Railr
activity and further advance at the Stock Exchange
yesterday. Dehote inforn.tion was no more available
than on Monday the belief Of the Street that i'm
portant project on foot was strengthened by the
charac OF the speculation Numerous guesses as 10
the nature OF the enterprise or project were INDUCED
by brokers' and VS. agencies. but none OF them went
beyond the point OF surmse and met with ready
Official denials Some wellnformed parsons think that
terests than the with OF the theories already
put forth and denied.
MISCELLANEOUS RAILWAY INTELLIGENCE
PIrrsBURG, Sept. % (SpeciaD. The dlrec-
tors OF The Pttsburg and Western Railroad Company
have called meeting OF stockholders for October
to make arrangements for leasing the Pittsourg,
Painesve and Fairport Railroad In order 30 obtain a
short line to the lakes -.
CHICAGO, Sept 2s-A dispatch to The Times from Fort
Keogh Montana, says: "A now railroad. the Spokane
and Idaho, been Incorporated as Helena. and the
folio wing officers have been elected President. d. @
Corpin; vioe-p president g. T. Hauser; secretary and
treasurer. Harvey Barbour: ohef engineer. A. Ander
son Tho road Is already 10 course OF construction IL
will run from Ceur d. Aene City to the main line OF
the Northern Pacific at or near Rothdrum
PHILADELPHIA, Sept % tSpeeidD.-The funeral OF
John D. TAYLOR late treasurer OF tho Penusy lvsnia
Railroad Company, took place at o'clock THIS after
noon from the Church Of Our Saviour The main Office Of
the Peu Railroad closed this afternoon
respect 10 the memory Of Mr Taylor. At the Peunsy
yapis Railroad to-day IL stated that John C. SIMS
,r thu present secretary be chosen the
meeting of tho directors succeed Mr. Taylor
urer Assistant Secretary Newha will be elevated TO
the posItion Of secretary.
The Councils Committee Railroads met this after.
noon to consider tho ordinance authorize the Pha
delpha aud Northern Rsilroad Company TO construct
elevated railroad through and certain streets IN
this cty. Arxuments heard for aud against the
scheme. No decision was rendered.
Tho earnings of tho Norfolk ard western Tor
August were $l22,9lS so, increase OF *lS,OO5 81
over those OF August, 1885.
depot OF tho Reading Company In tnls city from new
York $50 passengers These arc 10 t1e Bal
timore aud OHIO, u mile distant They arc taking sd-
vantage Of the cut rates. Inc Pennsyvans nas made
no cut to meet that Baltimore and OHIO Ia
ger and officers state that hoy 90 not Intend To-
The Pennsylvania Railroad Company mas niod . bill
IN court asking oase TO the Reading Railroad
Chester Railroad from this city 70 Chester,
which was the old line VI the Philadelphia, Wilmington
Baltimore Railroad, bo Annuiled. Tue lease Was
made to tho Reading In 1873 before the Philadelphia,
Wilmington and Baltimore passed into the hsnds VI The
Pen and stated that all business going to or
Philadelphia, Wilmington and Baltimore; but instead
of his Reading has been giving the bulk OF this
traffic to The Baltimore and OHIO.
II boon determined By counsel representing the
Reading Railroad Company and she DrexoLMorgan |
syndicate make the application for tho appoint
nent Of Austin CorDu the third receiver OF the