New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-31
AboMmarz;s
"THE QUEEN OF TABLE WATERS"
"Has acquired a leading place
in public esteem throughout the
World"
BRITISH MEDICAL JOURNAL.

auction but Will be dspoed OF by the Commissioners
In what they deem the most advantageous manner.
Mr. Spencer said yesterday thot the franchise would
not be given away by any manner means.
The failure OF the auction sale Of the underground
franchise generally interpreted in Wast yester-
day assuming the future prominence Of the Man
haitian Company in the development of any scheme
of rapid transit. This view reflected in the
stock market by continued activity in Manhattan
stocks and further advance in price. The sales
amounted to than 1000 shares. with prices
ranging from 15I IL and 14s3 t, 1913 IL and
152 IL, against $50 IL at Thursdays close. The
market for the stock showed activity and buoyancy
before it learned that j. Iferpont Morgan and
others connected with the Manhattan Company had
appeared before the Rapid Transit Commissioners.
Bankers have little to say regarding the future
projects OF rapid transit In the light
of opposition to the existing company.
II is regarded premature 10 attempt to
forcshadow what may be done In that direction. The
vantage ground IS held by the Manhattan Company,
ii is believed because Of the depuc ition OF the cap
ita commanded ly DreXel, Morgan co. with the
present corpos>tion The influence OF that firm here
and abroad is 50 great It's attitude toward any
EG support as the case might be. II Is certain,
however that the sup ror attractions OF an over
ground system over ans tnnIel railroad schcme may
stimulate more competition later than would now seem
possible. financial men say that much depends In
the future upon the moulding OF public opinion and
the lberIty which may BE- shown 10y the managers
OF the Manhattan C0mpdnv IN dealtrg with the prop
ostions which the Rapif Transit Commissioners may
hereafter make TO them.
j. PicrpOnt Morgan, when seen by Tribune re
porter after The hearing bcior' the Rapid Transit Coll
iniSsioners, said tha he had nothing to add to the
statements thcro made. Mr.. Morgan declined 10 dis
the feasibility OF an elevated system Independent
OF the established lines.
Isaac ssligmnn said: al think that plans should
at once be made for new elevated railroad and ! am
inclined 10 believe that the artery Of Broadway
would be the best place to put the line There is no
other really available route for overhead structure
Such system that could not fail to be q Succ"ss
There would not be the slightest trouble In getting
fnancierS TO invest whatever amount may he needed
for the building of sGch road. TIC commission
would have lots Of bids i don't know anything
about whether or not would take any interest In
an elevated railroad"
Russell Sage member OF TIE Manhattan special
committee. When asked what tic Manhattan Elevated
Company would co. said ave have no plsns yet TO
make public We shall go on and develop our ideas
for extension and npro> cmcnt OF our transit faci
ties. What those ideas are do nj present care
% say. Neither 10 wish 10 discuss possible
relations with the RAPID Transit Commissioners"
Samuel sloan another member ~ the Manhattan
haitian people would cooperate with the Rapid Tran
sit Commission In developing such additional lines
ard facilities for cnrryng more passenger would
give the people Of New York real rapid transit
Wednesday at 10 O'Clock. AT the Real Estate Exchange
nos 5063 Liberty St, 10 consider the rapid trans;
problem. Among thorc who sign the call Rich
ard Y. Har1ett CO., Charles 5. Brown Hunt a
Wendell Benjamin F. Romano. {. W. LuystcT. j.
Rhinennder Dillon, Charles Buck. Duff Conscr
slawsoh 4 Hobbs. Charles F. SCHUYLER George =
Johnson. william r. Ware Haskell & Radiker, VIII
tam W Hal. Han !. How q Coz l.. !. Phillips &
Co.. Leonard !. Carpenter. Hoffman RroiheIS, Frank
Il. Ioughon. l.. j. Callahan. Of Callahan & Kemp,
Bennett Graf. F. zhtl Terence Fareys sons
John Ruddel. Frank L. Fisher. Andrew Powell and
T.