Show I feel assured that the thc negotiations negotiations ne tte- in in progress concerning concerning concern concern- in ing the further financing of the Moffat road will be he favorably favor favor- l ably ly consummated and that construction work west of St Steamboat Springs toward Salt Lake City will begin in the spring said W. W F F. Jones Joncs traffic manager of the Denver er Northwestern Northwestern Northwestern North North- western Pacific this morning morning morning morn morn- ing upon his return from the East Mr Nr Jones was in New NewYork NewYork NewYork York with David II 11 Moffat and William G. G Evans E in connection connection con con- with the pending deal I 1 heard all kinds of rumors in Chic Chicago go that Mr Moffat was nc negotiating the thc ale sale of the I road continued j i Ir I There 1 here is nothing li lg whatever to these reports and the thc I II rumors arc are groundless Mr Moffat has no idea of selling the thc road any part of it or any substantial it The Thc nc negotiations ions in p progress pro progress pro pro- o- o gress are as rOB rosy as aB could be desired Naturally 1 I cannot talk of the thc details while the deal cleal is pending but the outlook outlook outlook out out- look is brighter than thull ever cr be- be before in the history of the road What hat did you yon hear concerning concern concern- rn- rn lug ing the Denver Rio Hio Grande Grandc and the reported early carly retirement retirement retire retire- ment of Mr tIr Gould he hc was asked I Wall Wallstreet Vall street consi considers ers it a certainty I 1 h have hOc Oc no information information tion except such reports as came to me mc while in the East The rhe street understands that t tI the thc control has passed to Mr lIr I and the banking bankins- I house of Kuhn Loeb Co I was his reply Mr Jones said eaid new equipment equipment equip equip- ment metat for the Moffat which was purchased at att n a cost of I more than will begin begin bein be be- gin in urr arriving in Denver about April 1 This will consist of frei freight ht cars ems ordered to tom m meet et the growing ing demands of the traffic We Ye e have two forty-two locomotives locomotives locomotives tives for the miles of line so no further purchases of I motive power were made said N Mr r. r J Jones In answer to questions regarding regarding regarding re re- re- re garding the suit for damages brought against i Mr Nr Ir Moffat by Reginald Vaile Vuile an Englishman Eng Mr Jones said the case had been postponed until April but hut Mr Nr Moffat had haduo no grounds to feel con concerned as to its outcome It UIt is one of those annoying things which come into the life of every man i identified ed edwith with large affairs said he Mr J Jones said that the failure failure fail fail- ure of the Carnegie Trust company caused a slight flurr flurry in New York fork but its effects had passed away and that the outlook for the Ule year was very verj good Iii In fact the prospects are excellent he added it HIt i in iw astonishing the amount of interest manifested in the East in the thc affairs of Denver and aud the thc west Continued continued continued con con- Mr Nr Jones UTh They y are familiar with our growth and development and especially in inthe inthe inthe the amount of new building building- going goin on in Denver The Moffat road was a continual source of conversation and the thc inquiries concerning its plans and the country through h which it operates were a astonishing Mr Nr Jones said Mr Moffat and Mr Evans will be detained in iu ill the East for some souse time Mr 1 r. r J Jones ones said Mr i Moffat t was in in splendid lid health and in iii phy physical kal condition to g give goe oe his very best efforts to the work which he lie has in hand Den Ien Den Denver ver Ocr Times |