{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
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tory to confirm the antcpatons Of the wsrmest friends
Of the work The receipts follows:-


Iotai receipts OF the New York and Proyi-


oa1 osnes Railroad !stonington 1872 Avg 81 Ss'4s'


dence Railroad (Stonington). l5l3 Aug 81 1889 81
Total receipts Of the New York and Provi-


Total receipts for three years s364 O4s so


Average for the past three years $l2, ,349 80


The compromise made with the old bondholders, by
which the amount reduced from 81 900 900 to $780,
000 relieved the road from the
ously affecting the operations Of the company. This
great reduction in the debt and the enforcement of
omy in all the expenses of the road gave hopes Of
pid improvement in its value which have been destroyed
by the recent desperate by rival routes
to draw away its travel The receipts Of the company
to pay the current expenses and the interest its bonds
Tor year. should be about $50 only half of
the estimated amount Should the present opposition
the Sound be carried through the summer months
which is as long as it continue the travel during
the other season will not take the outside route when
can 60 nsdeand the receipts Of the Stonngon road for
that time fall of five thousand dollars per month it would
not reduce the income Of the company below
necessary to meet the interest its bonds promptly and
its current running expenses.


The canal from Toledo Ohio, on Lake Erie to Cincn
natl distance of two hundred and fifty seven miles has
just been completed and navigation has commenced A
cahai commuhcaton win the interior is now open from
Cincinnati ofour hundred and seventy three miles, pass
ing through the interior of Ohio to Toledo on the lake.


distance of two hundred and miles and into
the interior of Indiana, terminating at Lafayette, dis
ance of two hundred and twenty six miles. The canal
is in navigable order from Cincinnati Toledo and boats
have already passed between these two points. The
completion of this great work will draw from the south
part of Ohio to the lake very large of trade
and make Toledo the great exporting depot Of Ohio
the lake. Nearly five hundred miles Of canal navigation
and thirythree miles of railroad terminate at Toledo
giving rapid and easy communication with the interior
of the two largest agricultural States in the Union
Cleveland has heretofore been the principal shipping
port the lake. account of its connection with the
interior by canal but it has rival in Toledo, diff
cult to surpass The annexed table of exports from To-
edo Ohio for four years. will show the rapid increase
in its trade previous to the completion of the works of
internal improvement opening such vast extent of
country from which produce will hereafter be received