The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-12-04

lsl7 will be $263 900 increase Of more than twenty
thousand dollars and above the highest estimate
Upon the calculation that the running expenses
to nifty per cent of the gross receipts will be that
the net income this year will be about $4,000 lsav
ing after paying the interest the debt Of the Compa
ny, net income Of eighty Thousand dollars. This
would give the stockholders dividend Of four per cent
the par value Of their stook but 1t will be otherwise
appropriated it will be expended upon the extension Of
the road This road is now little more than nfty miles
in length and terminates where that isit termi.
mates at important point and does not connect two
large places like most other roads therefore draws its
business along the line, having through travel de-
pending entirely upon Its local business As 1t extends
northl 1t will soon reach very important msnufaotur
ing district, and Its income largely increase.
The North river will be closed, when the atten.
ton oftravesrs to and from Albany and the west will
be turned to some easy, comfortable and expe-
dtious way travelling between this city and the north
and northwest. There will be three routes open this
winter. First the Housatonc via the Harlem Rairosd
second, the Housatonio via Bridgeport and Long
Island Sound, and third the Western road via
New Haven. The first Of these Is undoubtedly the
best regards comfort time and distance. 1t is at
least seventy miles than any other 1t can be
travelled over in about twothrds Of the time required
Others and in the event Of the HousAonic Company
making fair and equitable arrangement, the expense
would be loss than by any other route. We learn,
however, with regret, that tho Housatonic Railroad
Company are disposed to throw every obstacle in the
way OF the Harlem Company, In the transportation of
passengers to and from the North and West It is
only thirteen miles from Danbury the Housa.
tonic road, to Somers, the northern termination Of
the Harlem, and this distance can be travelled In
about one and half hour, which, with the two hours
required to reach Somers from this CITY, make three
and half hours from New York. From Danbury to
New York, via Bridgeport and Long Island Sound the
distance is hundred and thirty miles, which cannot
be covered with the most favorable weather on the
Sound In less than eight hours, making difference In
favor Of the Harlem and Housatonic route thirty
miles In distance, and four and half hours in time
could leave this city at past O'Clock
in the morning by the Harlem railroad and reach Dan
bury Conn in time to take tho train leaving Bridge
port the arrival Of tho boat from this city, which
leaves at O'Clock in the morning 1t WILL therefore,
be perceived that the advantages decidedly in favor
of the Harlem route provided the charges do not oest
them.
To prevent the Harlem railroad company from bring
ing to and taking from Danbury, the bulk Of the
through travel to and from Albany and the West the
Housatonic company have established q tariff of
prices, by which they charge much from Albany
to Danbury, as from Albany to New York, and as
Albany In this way they attempt retsrd the progress
and productiveness Of the Harlem railroad but they will
not have an opportunity to carry such game much
longer. Every section added to the New York and
Harlem road strikes ct the foundation Of the present
produotiveness of the Housstonic and there Is svsry
probability Of the Harlem road being in position be-
fore ths winter Of and ls49 to command and con-
troll the whole Of the through travel between New York
and Albany As is with ell the obstacles raised by
the Housatonic company, the Harlem will without
doubt, get fair portion of the through travel There
many not partial to travelling Long Island Sound
during the wnterimonths and would avoid it If possible
BY taking any inland route; the only route they can
take to avoid the Sound ID BY the Harlem and Housato
MIC railroads 1t svsry extraordinary what efforts have
been made. and are still being made, to check
the extension Of the New York and Harlem rail-
road, and every one interested in Its completion
should give 1t their entire support. 1t will, one
of these days. come up all right; but at present is up
hill work for the management.
The annexed returns ofthe banks Of Massachusetts.
made to the Secretary Of State the Of September
last present the annexed aggregate -