Leaving a surplus carried to present year,
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Leaving surplus carried to present year,


lS4o,. S2l,4o9 10
The total number of through passengers fer the
was "a $50, and way passengers l95,9N making total
iocreas ur - 10 aa Tbs in the face Of the
increased fare In ls44 the high fare party came into
power and the through passengers We're charged six
dollars being dollars each than the rate charged
in l83 The receipts Of the company under the admins
traton Of the high fare party have but we arc
disposed to believe that had the former prices been ad-
hered to- the income road in 1914 would have been
much larger than the amount reported Inevery instance
the cost OF has been reduced the receipts
have larger than when higher prices were demand
ed and the Directors Of the Western Railroad will nd
that there will be limit to the passenger receipts should
the present fare be adhered to The completion Ct tho
contemplated railroads in this State in Connecticut,
Vermont and Massachusetts, must have injurious
effect upon the Western rood The Boston, Fitchburg
and Burlington rosi will draw froa the Western road
and New Haven road from Springfield North, will at.
tract this city portion Of the trade from that neigh
borhood that East the extension Of the Harlem
the Housatonic the completion OF the Albany and
New York Railroad under the present charter would
All these routes would into composition with the
Western and by topping at different points, draw
length and materally ygreduce its prcductiveness sevc
raj Of the works alluded to rapidly progressing and
The Western Railroad cost up 10 the slh December
1884, 81 6e6 2O2 Al. The nett asses which were avails
Bile road for the purpose of construction and equip
ment, were as annexsd;-


Chartered capital. S3,O00,000
Massachusetts scrip. S.oollIo
Albanv bonds ;. ............. 800 426


$776i SOL
Amount expended. ................... 7.698,2O2



Construction fund hand Dec. 81, lsi4... SOS 800
Tho directors have petoned the Legislature for in
crease capital equal TO the present amount Of the sink
ing fund and for permission to make additional jssues
hereafter to the contributed to the sinking fund
The present amount Of the two sinking funds to which
this country contributes, Is as follows:-


Massachusetts Fund. ........... $3.50 4sl 90


Albany Fund. .........,,.. 1879 IL



Total ........ $3.50, ITO IL
or the thirty thousand shares composing the capital
stock the co ned s1l1, ~ 81 which have been
taken by the sccl helas end ttu rs atpar Applications
made for 1000 .hscs than the corporation bad
aud this scrip II now advance o 81 per share The
stock Of thcWeste Ralroad Company was placed upon