The daily morning journal and courier., 1895-10-09
TIE CONSOLIDATED ROAD
EXPORTED AOQUISITION OF TnE
 MERIDEN TROLLEY LINE.

nicials of the Road Give No Confirmation or the Report-What Vice President Hall
 and Directors Robinson and Brainard Say
 Busy Times in the Certificate of Stock
 Department of the Company-Taking
 Water on the Fly-How Money is to be
 Saved by the New England Acquisition. F The New York, New Haven and Hart 'ord Railroad company, according to a rumor that has reached this city, has bought the Meriden trolley line and will operate it in the future, This move will make a sensation among the elec- gtric railroad men all over the state, For it Is said that it is meant to spoil the possibility of through electric line being established between Hart ford and New Haven. It was expected that within year this continuous Electric belt of transportation for for Ely miles would be completed, as New Haven, Wallingford, MeriGen New Britain and Hartford are branching out with trolley lines,
 WHAT VICB PRESIDENT HALL
 SAYS.
 Vice President Hall when enquired of by Courier" representative on the subject said that he coud give no con- X &tirmation of the report and was sur Sprised that such a rumor shoud be float ing around. So far as he knew there was no foundation for the report. The scompany had acquired the Stamford system, but further than that no in vestment in street trolley lines had been made.
 \ WHAT DIRECTOR ROBINSON SAYS. Hon. Henry C. Robinson of Hartford was asked by Post reporter yesterday morning whether there was any truth in the report that the Consolidated road < had purchased the Meriden trolley line ! in order to forestall any combination which would make a through trolley line between Hartford and New Haven \ possible. Mr. Robinson said: There was no such action taken at the last meeting of the board of directors and l know nothing directly about any such action. A street railroad man told me that the company bad purchased the Meriden trolley road and that is all l know about it."
 MAYOR BARNARD DOUBTS IT.
 Mayor Brainard, who is also direc- < tor of the Consolidated road, said when { asked in regard to the same matter 4 q do not believe that the New York, New Haven and Hartford railroad is going into the trolley business, but < know nothing about it one way or the other. I heard the rumor, but do not \ think there is any truth in it."
 This rumor is in line with the other rumor that gained currency few days ago-that the company intended to get possession of many of the trolleys in the state This policy was begun by the purchase of the Stamford electric road, as stated in the directors annual report.
 At the office of the New York, New Haven and Hartford Railroad company it is stated that more than S10,000, 0OC has already been subscribed for the new stock and debentures, about three quarters of this coming from former holders and about one-quarter on as signments. All the larger shareholders it is said, have taken their rights. The large subscription from former holders is in spite of the fact that they have been pretty heavily loaded up already in the earlier stock and debenture divi sions, and it shows their confidence II the stock and it's future.
 Treasurer Squires of the road is 2 very busy man in these days, as he is in fact, most of the time. Just now he is signing the new certificates ol stock, and the other evening wrote hi! signature 5000 times on as many certt ficates, in the course of two hours 2 About ,000 stock certificates were ready for delivery yesterday. The clerks 1T < the stock certificate and debenture de partment are working considerably ovel time of late in order to keep up witt the extraordinary amount of work 1T this department in consequence of tht issuing of new stock.
 Vice President Hall of the Consolidat ed road was asked yesterday if thert would be any change in freight rates or account of the new arrangements, ant he said if there was any it would be il the nature of cheapening the rates or the New England. There would be nt increase. Rather the plan would be tt cheapen rates whenever in was possi ble. He added that under the new ar engagements there would be greater ac conmodation for the people, both in th' freight and passenger service. Furthe be run on responsible basis, and fo the interests of the people and their ac commodation.
 It is expected that after while som arrangement will be made that the re pairs of the equipment of the New Eng land road would be done at the Con solidated roads shops By this mean' there will be a considerable saving.
 Under the new relations between tn Consolidated and the New England roads it is probable that the mileag books will be interchangeable and tha each book will be good on both lines.
 One great saving in. operation aris ing from the new arrangements will b the reduction of operatives and june tion points The New England touch es the Consolidated road at twenty five different points, and it will be pos sible, in most cases, to employ only on switching and one yard gang, ant 1oI ha ioly