Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1843-12-01
RAIL ROAD STOCK.

BY the following article from Hills Patri-
OF, it will be seen hat railroad investments
in New England ;re not, after all, very bad
stock. II will be observed that the Concord
stock sells a. Is pr. cent. above par, while
the Lowell portion Of the road is more pro.
duc,ive still. This Lowell road, i, should be
born in mind is no way restricted as TO its
charges or DIVIDENDS ; and this, in our opin.
ion, constitutes a serious objection to q com-
munication with Boston, which con,empla,es
this road US a par. If tho line. Already is i,
a subject Of serious complaint, and there can
be hardly a doubt that i. would 81, soreIy up-
on US for the future The Fitchburgh road
is suitably restricted-as arc also the charters
through this s'ate.-and by securing a con-
n~eciion with this road, we secure ourselves
against the contingency Of being at las, skin
cd al the other end of the route. The road
from Lake Champain to Boston, should, be
as far as practicable, a whole thing, and sub
ject 10 but one direction.
The money article ofthe Boston Pos, Of Monday
says Concord Railroad stock has risen TO $50 for
$50, dividend oil. Its receipts are large, and branch
TO the Fitchburg ST Groom, which is contemnla,sd
will relieve it I from The present onerous chnro.s nj he
Lowell and Nashua road, and still further increase he
already large net profits" This is an advance of
s,sh,feen per cent. above the original cos, oflhe shares
YIN sucn ah increase IS there any excuse on the part
OF 'he aEectofs lot neglecting to reduce the rates OF
iare and freight? Lowell railroad stock is also quo
yea al % per cent Acknowledgements l6s for old, l3
loi Eastern N N; H. lin Mass. 3-Maine
and Providence railroads 3 per cent advance, ench -
while Portland, Saco and Portsmouth sells for 10 Der
cent below the par value.
lhus ! Will be seen that Concord Railroad stock is
now inc best in Boston market with the single excep.
non o. me Lowell. What excuse, we repeat, is there
'"en lot The neglect OF the directors 10 do Justice to our
merchants and other business men, ns well Ms 10 the
travelling public generally, by q material reduction of
both fare and freight
In regard to tho construction of a branch from
Nashua TO Groton, eleven miles, 10 meet the Fitchburp
road we are told by one of the directors that the rou'e
- now under survey and that the people Of Nnsliua
VIII give the land TO extend il 10 the Massachusetts
iine. The monopoly Of the Nashua and Lowell roa Is
wll then be avoided; and we are also tod BY the
same gentleman, that where those companies nov
receive 500, 900 for tolls from The Concord company,
The amount will be reduced to S25, 900, and the rates
OF freight and passage over the whole route 10 Boston
VIII meet with a proportiona'e reduction.-Pat
FireHnvse ,tMAss) RAilRoAD.-This road will be
o,Peheu 10 Walthanl, SIX miles from Boston, on Mon
day next, and omnibus conveyance will be provided
for oil passengers from Roston 10 the depot in Tharles-
ton at ct cents each, as a regular charge. The Bos-
ton Post says-"The engines for this road-destined
ere long 70 De extended to BIa!tleboro',-are made by
Msssrs. Hinkly& Drury, of this city, and the first
on their contract has been delivered, and generally ap-
proved. A. the Worcester railroad have concluded 10
reduce Their fare TO Wnltham, via omnibus, 10 20 cents,
the rate upon the Walihnm line, now opened, will un'
doubleday be equally low, TO meet this unexpected
change OF policy on the part of the Worcester, which
has hitherto opposed the ldea oflow fares"
The same paper adds the following notice ofa Rail
road Convention for the exiention Of This route to Bur
all alive on the subject. Will the inhabitants of the
northern part OF this State and Vermont turn a 'co.d
shoulder" 10 Their own interests and neglect to advo-
or and much more favorable route 10.
Railroad Censsnfion.-Tne friends of IN. avian.
sion Of the Boston and Fitchburgh railroad to Battle.
borough. t.sss ChsIapsin and Gspsss, ere r.o.ss,od