The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-01-21


This shows profitable years business, and also
shows increase that of 1874, which, continued
through 1885, must make very great difference in IA
of the value Of the stock enable the company to pay
OF part ell the floating debt and place dividend Of
six per cent at least per annum beyond doubt and the
payment to the sinking fund large a. necessary
There many tring difficulties existing between the
Western and Worcester Company, and unless an ANAL.
gamaton Of the two corporations takes piece the LIE
gislaure Of Massachusetts, makes more judicous
arrangement relation to the charges for the trans
portation of the Western Companys and passsn-
gers, there will be The only way to
silence the complaints from both companies, is 10
unite them at once. The financial statement
of the Western Company, il certainly - a.
vorable anyMhe Company can present The
terms proposed for union fair could possibly
be expected, This city deeply interested in an amsl
gamaton of these two railroad companies a. We shall
make connection with the Western in short tms by
the extension of the Harlem. The numerous lsisrsl
railroads from the Western in contemplation and In the
of construction, must increase ito business very
much. vast deal of travel must pass over the Wes
tern road the principal points, and dverge be-
ore reaches the Worcester In this way the business
Of the Western must increase faster than that OF the
Worcester, and the advantages Of an amalgamatioA
must become, therefore, much reduced. The Yves
,rn Railroad Company certainly cannot look forward
g. the business Of their road without coming TO the con-
clusion that their line must become produc
tive than the Worcester. The business Of the Worces
ter has nearly reached its maximum. The compile
ton Of the Nashua and of the Worcester and
Providence the east and the New York. Harlem and
Albany at the west end and the Hartford and Dsnbury
road in the middle, draw business from the Wor-
and Boston line and send II to this city. The cI
zens Of Boston interested in the attraction Of
business to their city than in the productvdne Of their
railroads II has been stated that the railroads d
vergng from Boston not built for profit that they
did anticipate dividends upon the immense outlay
required; notwithstanding which find the Worcester
Railroad Company at issue with the Western Company,
and opposed to amagamaion Of the two corporations
merely account Of the trning difference that pre-
sent exists in the productveness of the two lines This
difference in favor Of the Worcester road il but tempo
rary, and a refusal to amalgsaste with the
Western would be more fatal to the interest
Of the latter. If lksly to continue an
isolated line II is far from being in that posi-
tion, and refusal the part Of the Worcester Compa
ny to unite will only urge forward the Western compa
ny extend lateral lines in all directions and to afford
every facility to lines in the Of construction for
q connection. II has been proposed in the Western
Board Of Directors to apply the Legislature of Massa
chusets for charter to build road from Worces-
Ter to Boston, but that cannot be granted upon any sa
sibe route the charter Of the Worcester COMPANY
gives right Of way Ave miles in direction along it,
whole length This shuts OF all attempts Of this M
ure and tho questions at issue between two comps
mics must be settled in way the other upon their
own merits
The ssmisnnuai reports Of the Bank Of Kentucky and
branches present the annexed statement of the condi
ton Of these institutions at three different periods
There has been increase in the aggregate movement
sioce the st Of July last, of about Eve hundred thou
sand dollan:-