{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
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viii be safe to estimate the receipts for each week
during the remainder Of the season, at hundred
thousand dollars least which for navigation Of five
weeks, wall iko the amount Of tolls for lst5
about 80 l5O 900 II possible that the specaations go
ing on in -four and grain, may create such activity
among forwarders, that the tolls will exceed the
amount above named


The Railroad specuations Europe and of the United
States, must differ very materially The mania has in.
creased very rapidly in Great Britain and upon the Con-
tnent on account Of the prospect of immediate in
crease In the value of the investments from the produc


veness OF the works The railroads of the United States
on the other hand do hold such favorable pros
pects Very lev Of the railroads built in this coun


Try have paid dividends the first year. while those of
Great Britain, notwithstanding the immense additional
cost have paid prof from the The population Of
Great Britain being very Dense aud the Of
country fully de soped the business of every new line
! nearly as large the first year. any after In
tbs country it is just the railroads become
productive only the country becomes populated but
he annual increase in the receipts very large per
cent and their producveness is every year becoming
gestef and greater. Many roads in the most thicky
tiled sections of the country, not at present paying
Dividends must ultimately be large dividend paying in
vestments There road in the United States but
that is earning more money this than in any former
year, and several that have yet paid dividend
ae rapidly becoming able to do Nearly every road
n'he country is in good hands, is annually improving
IN value and must business increases
are made between different points, realize corresp md
ing increase in receipts 1t estimated in Great Britain
that there has been within the past year. gross increase
in the revenue Of the railways of about million
pounds sterling ofthis sum nearly the whole is clear
additional profit, for this reason, that in nearly all the
Lines, the running expenses have been cconomised-
rms increase Of dividends represents increase Of
value on railway stock equal TO 500 0O0 at five per
cent and I95 100000 At four per cent.


In this country there about hundred and thirty
million OF dollars invested in railways and the increase
IN he value o these investments within the past year.
has been equal to at least two per cent


The annual report OF the Baltimore and Ohio Railroad
Company, gives clear of the business of the
company for the past year. and condition of the pro
perry at the close The company have expended large
sums for the accommodation of The coal trade OF the
road, which is rapidly increasing, and must in fe
years be immense There has been expended for oars
engines &C. for this trade slsso3 os within the past
Two years The city Of Baltimore six per cent stock has
since The last annual report been reduced 2o 0OO which
sum has been set apart sinking fund.- for the redemp-
ton OF the million loan, incurred Tor the construction Of
the Washington branch making with the $4,000 here.
tocre set apart for the same purpose and ,he interest
accumulated, the sum Of $4,000


The whole number Of passengers Transported In the
past ten ears the main stem was leo5 oasl having
increased from l57 0o in 1890 2o2 ASA in lsa5 Faro
increased from siasa6 80 in 1890 to $500 ssa 40 In
lsi5 The amount OF Tonnage westwardly in 1885 ws,
26soe tons h. lqr eastwardly, i725ss bbls of -four
no coal, and l0c05 tons b. qrs b-.oai e9;es tons
Oh 0qs i1i III is4S was wcatwardly, 50,54l tons