The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-10-14


three from the City Hail. The total cost of the rosd for
that distance ~ sppursnancss and the real Of the
COMPANY viii be about $4,000. About ten miles Of
the road is double track and the real estate Of the Com
many is valued at about three hundred thousand dollars
and IL rapidly improving in value II owns whole blecks
in the vicinity Of Twenty and Thirtythrd street
The length Of the Boston and Worcester Railroad is
but miles, and cost three and half millions of
dollars The Harlem road will be 70 New York what
the Worcester road 10 TO Boson-the main trunk of
number Of lateral railroads. branching to all parts
State and the New England staes but what il more i'm
portant. will be much cheaper road and when finish.
cd much moro productive.
resolution was introduced into the Board Of A
sstant Aldermen last evening. and referred to COM
mittee adopted, to enquire into the expsdiency Of
compelling the Harlem Railrosd Company to remove
their rails from Centre and Broome streets; but
public opinion sets too strongly in favor Of that mode
of and the facilities this company afford
those living in the upper part Of the city. to permit s
rails to be removed There are doubt evils connect
cd with it, but the remedy would be than the dis
ease Our streets already sufficiently crowded with
omnibuSes without creating necessity for and 1t
is the general opinion that the railroad carry
with safety to those in the cars and those OUT
than any other mode Of conveyance The west side Of
the city must before the lapse OF many months have
railroad running the length Of the island; and the petit
correct crsAons of the public mind We must put up
tions presented in favor Of that lnc and the amount
Of property represented by these petitions, are cor
with partial evil for universal good The peculiar shape
of Manhattan island, requires the construction Of rail
roads through Ii heart Of it, that citizens may reach
the extreme points with the greatest and expe.
dton.
The receipts of the Providence and stonngton Rail-
road Company past three months compared with
the corresponding period in the previous year. exhibit
an increase calculated advance the market value of
the stock very materially.
SroNINGroN RAILROAD.
Receipts in July, August and September,
ls45, three months. 80! ,ss5 81
clease, three months, 1886. =. $2O,o39 l6
Receipts in September, 1915. sla,ss. SO
% 1916 20,622 OF
Increase in September, 1876. 80. $7.s37 81
This shows an increase of than fifty per cent in
the gross receipts Since the Oregon has been placed
upon this route, the business Of the company has in
creased wonderful extent and long boats SO at
tracve to travellers continue that route must CON-
mand its share oftrafic-
The report Of the Stonipgton Railroad Company
made the year ending the 3lst of August 1885, pre-
ents the annexed statement of the affairs of that com
pany that day
The business Of the Company. for the year ending
August 81 st., 1916, has been as follows =
Cash hand, per last report. ....... $3059 80
Receipts during the year, from
Passengers. .......... $s6.049 y
Rent: and mail service. 100. 1857 90
--$las,sAa 81
$l4l ,es2 q
General miscellaneous expenses, viz
Salaries, fuel, oil, ferry, &c. $4S 965 03
Repairs Of road, engines, cars,
- $76,62s "a
New engine and new cars. .......... l2,456 70
Land damages, SC. .......... l,94S o.
Interest bonds, due Feb
and Aug, 1916. ......... $1,000 40
Unclaimed. :. l,474 so
$500 30
Interest due and unclaimeda at
last last. report. $l,saS
- 1887 90
ss,sl6 90
Redemption of bonds, principal paid since
last report. lI0UV w
$lse, 44s 90
Cash on hand, August 3lst, 1916. ...... 2.4s4 II
SAL ,S32 81
In these expenditures is included the cost of fuel and
materials on hand for the service of the next year.
amounting to upwards of $ll 900.
The road continues to be maintained in excellent con.
sion to admit of the safest and rapid
travelling That it in public favor proved
the fact that the number of exceeded that
of the previous year than fourth the whole
number being l2s7oe The increase of freight il also
very satisfactory reaching nearly 100000 Of pounds
the total being 665, of which upwards of 900
were from the locsl trade.
1t will be by reference to the items of expendi.
that the ncrea sed business Of the road required
unusual outlay for and locomotive power during