New-York daily tribune., 1849-02-23
COMMERCIAL AND MONEY MATTERS.
For Sales Of Stocks. SC see Fourth PNse

THURSDAY, Feb. 22-P NJ.
The tendency of the Stock market was up
x.,d ,odav Harlem was the leading fancy, and ad'
v.ncsd N so Reading stock and Bonds were also In
demand at improving prices There is less attempt al
hearing in the market than we have noticed iof some
time
In the Bill market quotations are nominal Ster'
Hngis7ds y cent Francs 5JOao2't'
There is not much doing iii Freights 10 LlV-
,nool Cotton i. mer and 500 GOO bales were taken
nSl6J, which is better. Heavy ffeightis 2o'- Inc
Sand. hiss some Cheese at 32s Cd. To Ireland lOd Is
offered for Grain. vessel was chartered al li'~c W
losd Cotton at Apsschcos for this port
There is no new feature IN the Money market
excepting more facility in negotiating loans lheis Is
eon,derable money in the street seeking ssie invest
ment =, o,., I;doI,o ord
p.ysria have increased the payments at the Custom
House. and the sub-Tressury day shows
heeelp's. - 54O6
Amount In vsult ..--.-.------ ----'- -------
Advices of drafts to the extent of slUOOOO were
received . -, ,.hou.
The Committee of the Legislature TO "hom
wa. referred the subject Of direct railroad from syria
10 Rochester have reported adversely to TIE same
Henry w TAYLOR. VIM A. Ssckeit and Ihos \ ho"
were the agents OF the road who made the arguments
hefore the Committee We have received copy oi
The renort and as this the first report which mas oeeh
made upon subject OF great importance to holders ol
corporate rights in this State, aud OF g'est 'oies' "
the whole community we make full sostrac' oi I"
The case came UP upon application OF Oon parry
formed under the general Railroad Act 10 o"hu u
rect railroad from Syracuse to Rochester. lhe N""
pany declare that they willing to invest 'nv' 'NP
al in this rosd and already possess portion o' 'H'
risht OF way and pray for Sn act decariEs tue P"'
Nc utility on the ground tina, they had surveyor '''
eral routes aud hsd found that upon either oil in''u
considerable saving might bo effected In length
and degrees OF curvature as compared Win Tue P'o''
ino oi road between the same points that petsoos
snd property could be transported In shorter "ine
and at less expense that the application was no' "'
posed by the property holders on the proposed 'o"
They claim that the question of public utility onS
regards the rights Of the owners OF private p'"P''S
taken for the construction Of the road Inc Conn''
tee In their report give several reasons for taxing
much more extended view of the words public sul'
hy." and accordingly they go into cose comparison
Of the advantages TO the public at large OF This ne"
route with the rights Of the present roads between the
named places and the injury likely to result to them
from the building Of new road. They Presen, the
-"
present road is derived mostly from ID -ough travel
No ihro' passengers. Rces ron .sae
Auburn ard Syrscuse.......llSy4I e1leeSs % ~ ~
Aabarn and Roeheslor....... %.Ss4 t.o,'so @ !"
No. way passengers kec "a iron zane
Auburn and Syracuse .l0e2S-socn' e2,S,s !" ~
Auburn and Rochester. ..se,SV A00''N N
There will be nesrly the same proportion on the pro
posed road ss that which exists on the Auburn and
Syracuse Railroad or II there shall be any difference
hwnl be that the local travel on the proposed road
viii be less
Mr. Chid., the engineer who hsd been employed oy
the Company applying for the proposed road, stated
that two routes had been surveyed the northern and
the southern The former passes through Bsld~ins'
vile lrs' Cato, Red Greek, Wolcott sodus, Alton,
Williamson and Ontario, thus folio wing closely along
the shore Of the Lake The latter taking nearly the
route Of the Erie Canal passes through Canton Jordan
weedsport, Port Byron, Clyde, Lock Berlin, Fairport
Allen Creek and Brighton. and to Lyons Port Glib
son Palmyra and Mscedon, which Of these routes Wa.
The direct and eligible, ne refused by direction o.
the Company to state The Committee state that the
population on either of the above lines Is much esl
,Asn the line Of the present roads. They assert ha
tie way travel Of the pe~trosd would be iasuHscien
70 support H. snd II mus, divide the through usys