Morning journal and courier., 1893-11-11
OFFICIAL FROM MIR. CLARK.

With Minor EXceptaO ms tn the Case
 How Wall Street Took the News
 New England Road HandicapPed-
 A Tour of Examination of the Com
 solidated Yesterday-Looking at the
 Block Signals.
 NEW YORK, Nov. 10.-Ths Consolidated has given Its first real announcement of war against the road by rsvoking its ar. rangements giving the New England an entrance into and exit from New York at I the Grand Central for e small proportion | of it's passenger business. The announce. msnt affected New York and New England stock to the tune of several points. The stock dropping 3 or points in spite of ali the recent announcements that it had prac tically received an independent entrance into New York city through President Mo Leod's enterprise.
 President Clark of the Consolidated has issued the following:
 The changes in train service to be made November 19 on the New Haven road are these: The two Boston trains leaving at noon. one via Springfield and one via Hart ford and New York and New England road are to be consolidated both ways between Hartford and New York, saving an engine service of 220 miles day. The Spring field part of the train will have parlor, smoking and regular coaches, just as the New England part of the train will have. The time between Hartford and Boston will be six hours, the same by both roads. The fares are to be the same and the public can go either way it chooses. The train which for a year or more has left New otol1oH v{o prCvj1onca sill ha
 put back an hour and will be run between New York and New Haven with the o'clock Air Line and New York and New
 England train. This will save engine ser vica of 150 miles per day. The New Eng land portion of the train will be run the same as at present and the Shore Line part
 will be made precisely it's equal. The time of both trains between New York and Bos-
 ton will be six hours. The public can choose either train. The two sections of
 the Shore Line train are to be consolidated, leaving precisely as now. The saving of engine service for 4e4 miles is a great gain,
 while the public will be just as well &C., commodated, owing to the present light
 travel. There is no intention of taking off
 either the day (ColoniaD or night (Washington) passenger service by the steamer Maryland. The Poughkeepsie
 bridge service by the Reading road is to bs withdrawn On the same day, November 19.
 A New England official declared that the cutting off of two or three passenger trains would not seriously affect the road. It would be very small matter compared ly intended to make.
 A director of the New Haven declared that the shutting out of New England over his road must not be considered as 8 be- ginning of hostilities. The trains did not pay. That was the only reason for the &C., tion. Yet the New Haven officials must ward of future trouble for their share holders, he added.
 A good share of exchange members who believe that the Consolidated, with all it's interests, cannot in the end overcome the fnancier who Is behind the mysterious New England business held that the stories and rumors to-day were merely for the purpose of knocking down the price and giving McLeod's packers an opportunity to gather in more stock at reasonable price. New England closed last night at 3D. opened this morning at 304, fell to 28 and recovered to 29.
 The blow is somewhat softened by giv- ing the New England company some ! through cars on the noon train and the 8 ! o'clock train, or, as President Clark of the New Haven road explains 1t, "half atl ain" ! at each of these trains. But they are both | made six hour trains. The o'clock white \ train, which now makes the time in five hours and forty minutes, is thus really abolished, and the New England company, with two or three or even four cars, will l stand no show against the five hour limited | trains by the Shore line. President Clark | grimly explains that the two noon trains have been ''eonsolidated," so also the l o'clock and 3 o'clock. trains, but to the 1 New England officials it comes as severe \ setback.
 This means that after many years the
 threat that has long been held over the head of the New Haven's enemy is to be carried ! sooner or later be shut out of NewYork for good unless 1t can find some way to build
 it's own line into this city.
 | For several weeks the New England off cials have been giving out stories about their proposed new entrance into this city with possible connection with the Man
 haitian elevated railroad. Here Is the New
 Haven company's answer:
 Let them do 1t. In the meantime they
 may have chance to get along without an
 entrance for their trains into the Grand ! Central station.
 ! CONSERVATION AMONG THE DIRECTORS OF | NE" xOhA AND NEW EN6AAND-
 PH1LADKLrHIA, Pa., Nov. 19.-The New
 York, New Haven and Hartford company's
 latest coup, by which the New York and
 New England is prevented from running
 through trains from New York to Boston,
 has created consternation among the Phila- delphis followers of President McLeod
 and Is the leading topic of conversation in I f1nancfQ1 cire1aa fa-aau Tha faoIino ic
 general that McLsod has been check
 mated and that his road has received a serious blow, and there is considerable
 anxiety to know what shape his next move will take.
 The Philadelphia directors of New Eng I land refuse to discuss the situation, but
 are evidently disheartened by the latest turn of affairs. The story that the New
 Haven officials will discontinue the service ! of the steamer Maryland, by which the Pennsylvsnia railroad secures it's entrance
 into New England, is disbelieved. One of the leading officials of the Penn l sylvania company says that they have not
 been notified that anything of the sort is ! in contemplation, and there Is no proba- bility of the discontinuance of any of the Pennsylvania through trains to Boston. The reported abandonment of the PouRh- ! keepsie Bridge system by the Reading is 1 denied by one of the receivers. INSPECTING THE NEW HAVEN. The committee of the American Railway association, which is considering the oues- tion of block signals, varied the program to-day by making tour of inspection over the New York, New Haven and Hartford road to examine the working of the system in vogue on that line.
 
 THE CIIYss FINANCES.
 The Amount Received Fro m Taxes
 will Re About $s5O,O0O, While
 $91 1000 Is Asked for to Run the
 Government-The Tax Rate Will
 Probably Re Increased to Thirteen
 Mills.
 Tha hoard of Enanna mat aak auanino