The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-05


The in the receipts for the first five months
Of 1s4s, compared with the corresponding period in
ls47 fifty per cent and for the sixth month in ls4s
twenty per cent In estimating the receipts for
the next six months this year. have the month
just closed data and have put down the increase
the income for the corresponding months in 1s47 at
thirty per cent An increase twelve and half
per cent for the remainder of the year. would give the
amount Of income estimated by the company; but
have been under the impression, since that ost
mate was made, that it too small, and the
turns for every month confirm that belief. As
have heretofore stated the receipts for the caen
year 1S4S, will exceed three hundred and five
thousand dollars. The estimate have formed and
given above is based upon the business of the present
length of road-upon the line terminating at Croton
Fals-nnd entirely independent of the receipts from
tho extension of the road, from Somers to Dover
Pans, distance of thirty miles, and the income from
passengers and freight from The New YORK AMI New
Haven Railroad Company, which a one will average
more than one thousand liars per week. Tho New
Haven line, and the extension Of the Harlem road will
be opened about the list of November giving period
ofeght weeks at least of the present Gale ndar tho
tension will average about thousand dollars per
week. making from these two Sources income of at
least two tnousa nd dollars per matchmaking gre
gate of sixteen thousand dollars to be added to the
ton In view of these improvements, we still con-
tnue under the impression that the total receipts
tic year ending December 81, lSls will amount to
three hundred and seventy Eve thousand dollars.
1t only necessary those Interested in the pro-
gress and improvement of this important rail-
rad, to visit the depots in the upper part of
the city, to the vast numberssof passen-
gers transported the line daily. The rapid
increase in the number Of persons residing in
that section Of the city, the facilities enjoyed in get
ting to and from the lower part of the town. the
dnced rents, compared with those the distance
from the lower wards away from the line of the road
have given real estate demand, which it would not
have enjoyed for many years. As as the New Ha-
road is opened, the Fourth will be one Of
the greatest thoroughaes in the upper part of city
The principal depots of tho Northern and Eastern
roads will terminate at Twenty and Thirty first
streets and the bulk of the travel witt the North md
East will centre at these points We seen the i'm
made in the vicinity of the railroad depots
in Boston, and similar results will be realised in this
city In Boston, acres upon Of land have been
made by filing up water lots and the largest ware
houses are now standing where few years SINCE the
tide cbbed and flowed. In this city, shall doubt
similar improvements; particularly have the
advantage of having the land ready for building
The Hudson River Railroad tho North river,
will produce corresponding improvements at it's termi
nation and real estate in that vicinity will feel
the beneficial effects Of these communications with
the interior. The upper part of the city, from the
North to the East river will rapidly increase in popula
ton, these railroads completed, and in
active operation Thousands of passengers will daily
arrive at and depart from the depos of EACH and the
facilities for getting in and out of will be very
much improved The arrivals of passengers from all
parts of the country, have heretofore been confined
almost entirely to the lower wards the city, and to
those sections bordering on the rivers. revolution
will be realized in this business and the construc-
ton of hotels in the neghborhood of upper depos of
the railroads will engage the attention of real
tatc