The daily morning journal and courier., 1895-07-09
THE "NEw ENGLAND MYSTERY"
Other Railroad Notes of Interest-The Auction Sale To-day of tho New England A Railroad Enquiry.

--N NNNNtANN AAA ANNW A-AbioAN PNNNN yesterday was on buying by the same New York brokers who have been con tinual purchasers for several months, There was, of course, more talk about the expected absorption of the property by the New Haven company.
 The New England mystery" con- tinues as much a mystery as ever de- spite the numerous solutions offered. The Boston Journal now emphatically asserts that the New York, New Haven and Hartford railroad has secured en- tire control of the New York and New England line,
 It names a certain leading official of the New Haven road as the source of its authority, and says that at the fore closure sale of the New England road at Hartford on Tuesday the New Ha- ven road, by virtue of bidding in the road, will become the actual acknowl- edged owner of the line.
 The recent boom In New England stock is dwelt upon in detail in the article, as indicating accurately the effect of impending New Haven own ership of the road.
 Vice President Hall of the Consoli- dated road said last evening that he knew nothing of the alleged purchase of the New England by the Consoli- dated
 The New England road will be sold at auction in the United States Gov ernment building in Hartford at noon to-day, in foreclosure of the second mortgage bonds. There have been ru- mors of competition at the auction, but | they have not been given any credence. It is likely that the sale will be a per functory affair. the purchase being ! made by the reorganization committee, | who have $5,0O0,0o0 in cash raised from the stockholders with which to aid them | in bidding. The chances are that to- days sale will not reveal who has the control of the road, much mooted question, or that 1t will settle any of l the numerous problems which have been the gossip of railroad men for several months past. These things will not come out until the reorganization is completed, when the new stockholders register and the new board of directors l is elected.
 THE ELEVATED ROAD AND THE l CONSOLIDATED. 1 An Albany dispatch last evening re- l marks: Tt Is expected that the rail- road commissioners at their meeting tomorrow will take up for final deter imitation the complaint lodged with the board alleging that the Manhattan Elevated Railway company Is charging excessive rate of fare between One Hun dred and Twenty-ninth street and Will lis avenue. This portion of the line Is operated by the New York, New Haven and Hartford Railroad company under contract with the Manhattan Railway company, and Is owned in part by both companies.
 "The railroad commission view the matter as one of considerable .mpor- tance. Tn view of the existing condi- tions, the questions to be determined among others before decision can be arrived at by the board, are: CD Is the part of the road between One Hun dred and Twenty-ninth street and Will lis avenue an elevated railroad? @ Does it come under the provisions of the five cent fare bill, and Is the Man. lhattan company responsible for its man. agement?
 Two hearings will be given by the commissioners Tuesday on applications Irelating to the Long Island Railroad company. One has to do with a new station at East Moriches and the other relates to the transfer of tffe present station at Farmingdale to new loca :. ton. The commission during the day expects to go over the extension of the Long Island road to and beyond Anna. gansett.
 Tt will also investigate the use o1 trailers by the Steinway Railway com Ipany, which has been notified by tn,
 board to discontinue their use until al examination of the roads rolling stocl has been made. Inspector Baxter wil undertake the examination at once b,
 direction of the commission, and vii
 report whatever old cars he consider unfit for use.
 THE CONSOLIDATED WILL HAvI
 ONE AT OAK POINT.
 ! Norwalk, July 8.-Assistant Superin tendent scofield of the New York, Ney : Haven and Hartford railroad said thi
 morning that the rumor of a grea terminal station at Oak Point is with IOuI 6iSaiAu. iiS pi6 @G,OVV,uVu StdllO (which it has been reported the Con
 solidated will build there is canard
 The road purchased this property to b lprepared for the future. When thei
 present yard capacity is exhausted, an
 it becomes necessary to have nor
 room for car storage, this point will b
 developed. It will be turned into a
 immense freight yard, and will be ca lpable of ample storage room for year
 to come. Division Civil Engineer Dey
 also told the same story.
 New York, July 8.--An evening pape
 says: There is now no doubt that tn
 New York and New England railroa
 has passed into the control of the Ne,
 York, New Haven and Hartford raj
 road. The fact was seni-officially ar
 nounced in Wall street to-day, whe
 a prominent broker told his customer
 that Thomas c. Platt had informed Ii. !. friends that Messrs. J. Pierpont Mol
 gan and William Rockefeller had sut = ceeded in purchasing 8 majority of tt
 New England stock.
 At the opening of the stock exchane
 to-day New England stock showed tf
 effect of the reports, and there is r
 longer any question as to the futul
 control of the road.
 Tomorrow the road is to be sold LII
 der foreclosure proceedings, and then
 better idea of the general situation wi