The Albany (N. Y.) Evening Journal says : "Though there is a large falling off in the freight and passenger receipts, on our railroads, during the months of December and January, the expenses have been so largely diminished that the net receipts are nearly if not quite eqal to those of last year. The deep snow and severe weather of the last winter, besides the expense of keeping tracks clear, was destructive alike to engines and cars. The New York Central and the Hudson River Railroads have gained more in reduced expenses, during the last six weeks, than they lose in the falling off in gross receipts."