The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-17


TAs aggregate amount received for tolls from
the CONNIE ncement OF navigation to the 18th of
sa ,Io,sv 81. rs .sioll 2st
increase. COMMUNICATIVE. Sel4ll
The receipts Of the Mohawk and Hudson Railroad
company for the first week In July. this year. were
sas6o So against $9ss 6s for the corresponding week
last yssr-showing increase of SIT So as
The recsipts Of the Norwich and worcester Railroad
Company for SIX months ending June lst 1916. compar
ed with those for the corresponding period lsss show
an increase in the gross income of about nine per
NoswIcH AND womcrsrKR RArLRoAD.
Gross receipts Tor six months ending June LIST,
Gross receipts for six months ending June l.
''S'' ''...... 49,. .''' ooS9 "a
Increase in SIX months ending June 1896. s77Is 90
This increase as have above stated is in the gross
income, the net receipts will show q larger increase
'haa this, learn that the running and other
psnses Of the road have been very much reduced.
When the net income is augmented in two ways by an
increase in the gross receipts and decrease the ex
penses there must be good management and good
prospect of good dividends.
The increase In the pscspts Of this company has been
realized in the face Of the reduced tariff Of charges
for passage which shsws that under the most unfavoa-
circumstances the income of the road will not only
be sufficient to keep up the regular annual appropriation
10 the sinking fund.- but give the stockholders a d.
vssnd OF at least four per cent per The run
ming arrangements of thisroad excellent and re-
feet great credit upon the energetic president We
speak from personal obssrva alton II Is the most agreea
bic Railroad rsuts to Boston, either by the way Of the
Long Island Railroad by day, the sound boats by
night and II the Boston and Worcester Railroad Com
pany would do away with a little of that obstinacy
which monopoly apt to create and permit the Nor
witch train to make little better time and from
ton the travel between New York and Boston, by that
route. would be very much increased.
The recent arrangements made in relation to the
through fare, between the cities must have very
favorable effect upon the receipts Of all the companies
iaerestsdi and trust that they will be sustained as
they are fixed upon proper and just basis
Tho annual report of the Concord IN. H) Railroad
Company showing the receipts aud for the
year ending April soth ls4o. has just made Its appear
ance. The road and furniture appurtenances cost
s77sssl, there having been expended for objects app
cable to construction account within the last year. $23
ls7 The capital having been increased to $500 coo,
and the aggregate expenditures amounting to only
$77s5sl there was balance on hand of $ao4l9.
For the year ending April 3oth the receipts were az
foliow'-Passsnger department, $ioo,s7l; freight do,
sll64do; tents and interest, Ss.Oss-$aas.479
The expenses for road repairs $2os7; wood oil
and repairs of engines $2l 56s taxes $751; freight
passenger and other expenses, $50, Iss-$ls5O 54 A
net balance Of so3a24 thus realized out of which
two dividends of $4,000 each paid and Of
surplus carried to contingent fund.- which now amounts
to Saos6s In the expenses extraordinary charges have
been included for twenty -four freight three passenger
and one baggage with IA ton freight engine to
replace those consumed by Are at Concord. In the
charge for road repairs $s75o included for deterora
ton Of bridges sleepcrs fences rails &C.; and the
charge for expenses S3656 put deterioration of pas
ssnger cars which viii be expended for two new ones
contracted for.
The directors are of opinion that reduction Of the
freight tariff will be justifable at early date com.
parative table of passenger and freight receipts given
with the number of passengers since the road opened
which presents this result =