{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
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tariff Of prices for passags particularly In the through
trains, has very unfavorabls influence upon the
receipts from that and must continue to do
long the present policy 10 adhered to- The income
Of this company from passengers would without doubt
have been many per cent larger had the price Of
passage been one third less or four instead of six
dollars head from Boston to Albany. Low fares par.
tculary through the summer months when there is so
much travelling for pleasure would increase the re.
cepts Of the Western Company they have of all the
other companies that have made the experiment II is
stated that the low fare party this company have hopes
of obtaining the management of the road or majority
in the direction when may expect an immediate re.
ducon In the tariff Of charges for freight az well pas
sengers The high fare party has been in power about
two years. and the stock Of the company ranges in the
market from seven to ten per cent below par while the
income from the road thus far this year has been but
rife above that to the period last would be
well to give the low fare party the power for time and
et the experiment be ried let the reduction they pro-
pose be made and the advantages will
show themselves.


The Housatonic Railroad running from Bridgeport,
Conn, to Great Darlington, Mass, where it connects
with the western road running from Boston to Albany,
probably Of the cheapest roads in the States The
stock Of the company amounting with the surplus
and forfeited stock, to than 900 shares have
been disposed of in this city, along the line Of the road
and In Boston Ihe nrst lnsalment OIL $40 per share,
payable this day. the 10th of October Arrangements
will be made to pay of the certificate debt at early
day. and the other liabilities of the company will be
met without unnecessary delay. The road will be
laid possible with heavy rail- and whatever
is necessary to put the line in complete running order
will be done as soon as possible The receipts for the
past three years have been follows -


HoUsArosIc RAIL RoAp.


Gross Receipts in ls42 from all sources. Ss2l37 %


Gross Receipts in lS43 .l24,5O6 80


Gross Receipts In 1874, " :. Isl ,539 76


The same rate of increase will give the company in
s45, receipts amounting to $lsl 2ae 6s, and in ls46
$2lo94o 80 The road is seventy -four miles long and
will not cost $4,000 per mile. The stock of this
company is selling at very low rates in the market,
which can hardly be accounted for when we consider
the favorable prospects for early dividend The
paciry Of the road has yet been hardly tested. Its
condition has been such tnat travellers deferred
from passing it and its passage receipts had fallen
below those for freight. The business of this road is
principally Of local character and Is therefore beyond
being influenced by other routes.


The monthly reports of the Banks of New Orleans in
1914 and lS45, have heen annexed