Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1882-08-04
New York and New England
Road.

Its Future and General Prosperity-Dou-
bic Track From Boston to Hartford.
The sale of the stocks of the New York and
New England Railroad company held by the
State of Massachusetts was completed on
Tuesday. In notice of the transaction and
the prosperous condition of the road the
Boston Aduertiser says:
During the present year the average in
crease of business is about 25 per cent. over
the figures printed in the last annual report,
dated December 6. Connections have been
made with the great lines of the West, South
west and South, with the Erie at Newburg,
with the Pennsylvania railroad at Jersey
City, with the Baltimore and Ohio, and re-
Gently with the Chesapeake and Ohio, and
with the East Tennessee, Virginia and Geor-
gia fast freight lines. Over the New York
and New England all the lines entering New
| England can find way, except the New
York Central. Ali points on the line west
of Hartford have their nearest connection
| by the New York and New England, and
| also some east of that city. Connection is
| being made at Fishkill with the New York
| Central, and it will thus be brought into the
system. A large increase has been developed
| in the anthracite coal business, and five hun
| dred new cars are being built for it. Al
| Fishkill the steamer Hart has the capacity tc
transport across the Hudson 500 cars daily.
| Three new engines have lately been delivered
| to the road, and seventeen others will be fin
ished within forty days Of the twenty,
eight are consolidation, six are moguls two
are large passenger engines and two are large
switching engines. Freights of grain are be
and make demand upon the eleva
tor, with its capacity for $4,000
rI~
| the roads terminal facilities, the architect O.
| the elevator, Mr.. Charles r. Mclean, writes
| that they are the best in the country, anG
adds that one of our American railways
| owning more than eight hundred miles o.
| track, being able to provide itself with ex
port facilities, settled down on this as thu
BEST The average increase in passenge
business equals that in the freight. Yester
day the gross receipts in all departments wer
the largest of any day in the history of tn
road, and amounted to $40, 516.7O. July
gross receipts were sos, 43O.44. Of thi
nearly half is due to connecting roads. Fo
the present year the net earnings are expect
| ed to approximate million dollars.
Large sums of money are coming, Or abou
| to come, into the treasury of the road. Th
| transaction with the State will give the roa
81, lis, $50; there are $95, 900 expected fror
Providence on account of the Hartford, PROV
| idence and Fishkill road some $3.50, 200 ar
expected from the Boston and Albany roa
from the sale to it of the Brookline branch
The Norwich and Worcester road will ne
1922, 900 for the last six months, and in a
there will be some 1920, 900 with whic
to develop the road. Within a perio
of year and half double track wi
probably be completed between Boston an
Hartford the thirty-two miles next to Boz
ton being complete and there remainin
eighty-five miles to be done. spur will
built from Franklin to Bellingham-four an
a half miles-and by way of Hopk1nton COZ
nection will be made between Ashland an
Providence All along the line new improve
ments are being made constantly to advanc
it's character as speedy and efficient handle
of freight. Within ninety days the entii
floating debt will be paid. The road fee
very strong, and the spirits of the Officer
| are buoyant