New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-10-08
:5AnMERCTAL And HONEY MkTTER6.
Sales ss the STOCK R1ohanzo."ocr. I
MONDAY, October Pm

500 500 DO 6 50 Utica and scioa
MONDAY, October 7-PK.
The Stock market wag active to day and the
upward tendency continues Harlem went to 3d.
an advance Of per cent and WAS active. Can
ton also improved and Reading followed suite
Canton at the Second Board sold at So and was
steady. The buyers are confident of further
rise, and this remark appies to Heading.
The advance in Reading to-day is per cent. The
immense business which the Road il now doing,
together With tbs admirable and economical man.
agement OF ;s officers, gives great confidence to
operators, who do not hesitate to pronounce it as
good stock as Erie. There is every reason to
believe that the whole capacity OF this hoad will
be for the future employed in the transmission OF
coal at profitable ates Tbe consumption OF this
great necessary OF life is rapidly increasing and
may almost be considered as without limit This
Road, only one hundred miles long, 10 now earning
over three hundred thousand dollars per month.
The encouraging condition OF the Harlem traffic ls
producing vs natural effect, and that stock took
start to-day. The future looks highly latserng for
this Road and ahrewd men are buying it under
the confident impression that another year will ace
II steady ak or seven per cent stook, with
prospect, when it becomes one OF the links in tho
chain Of roads to the North and West OF still
larger divdends. Under tho able administration
of the present President and Board, the pro-
gress of the Road will inevitably be onward -
Governments were in good demand and s:oady
All State Stocks were in demand. There iss consi
derablc inquiry ,or theae Stocks for Banking basis
m az Dr,.k 80 10 fsA Rrnof uJAr hus
been taking about one hundred thousand dollars
for this purpose within 8 few days There was
alao an inquiry day for the purpose Of investing
the proceeds Of gold sent home from California By
New.York Company of diggers, one of the few
Companies which have held together in shat coun
try, They have appointed trustes in New.York
for the proceeds of their labors, who invests their
returns in sound State or government Stocks-thus
California ia q great reality, which is felt directly
in our market as purchaser Of first class secur
ties. There WAS good inquiry for Norwich and
Worcester at 54i with no sellers The floating
stock in this Road is being picked up and con-
siderable advance within tue month Ia anticipated
Mohawk was in demand, but none was offered In
relation 40 this Road the albany Euentng Jour.
nal Gays:
The Albany and Schenectady Railroad still con-
tlnues to do very prosperous and profitable buai.
nesE. The traffic for the last two months haa far
exceeded the expectations OF the officers, and they
have every reason TO believe that the rscspts for
the ensuing four months will more than realize the
eftmsis made in the report to the stockholders
In the buoyans feeEog which has pervaied tbs
New York market for some days pGst this stock
has nos been lost aisht Of for the sales within the
perod show an improvement OF per cent the
last sale being made al 81 There is no btter con.
dUCted or safer managed Rosd in the Unon The
President and Vice President are very attentive
AID take deep interes. in its welfare When its
ktOck could he bought Tor lees than hity per cant
below par Ind tue business OF shs Roe1 was grad.
uslly on the Wane, Juhu I. Merton, Esq after
much solicitation, wa. prevailed on to take the Of
ice o. President 'gith she sole management Of ths
ROAD From that day Up 20 the present hs has
held thai ttust, and during this long pe,io! ne has
devoted much of his tins TO its welfare, and il i;
through hi untltlng energy aGd good management
that the stock ID now commanding 81 per cant.
Under lis present management there is 10 doubt
That Il will continue 10 proper; sud in tao Ian.
suege ct enc Tho fay understands ita pecuniary
condition we snail walks up SONS morning and
lind tia stock worth par "
Ar the Second Board the inquiry was active and
prices higher. Erie improved per cent. The
Bonds were in demand At 'ull pricas The second
Mortgages sold at 1901 and the Incomes we're
aslt at si3' Sons pArtiss s1e operating il lhe In
comes fer Fise, and in the present e.gy STATE II
the Money market there Is ne sufficient reason Ina,
aPstieosly safe par cen. iccurisy should bs sell
ing at 9l4 with par cent interest acoamulatei
It's only sssary that osPi's'iss should oon9,rs
this security #i.h Others which are ceiling 10 Or
per cent higher to discovsr that tbers is no ins,.
sic difference The aecosd Mortgages, Ike the
frat Mortgages, aco aes7iy al AOscroej Morris
vas buoyans and so!d all Lang Islaad waa
also firm Maaison aud Indiaaago wsG ltn
The business Of thia r2adi1 IN very flvoeabis
condition.
The receipt. 81 ssq.eps5s1 nere sa5 os
eepemoef 1888 Il
Exce,' ever 10 per $5945 s.
The busiaess of sais Road viii soon. be largely
increased By the completion OF the other roads
connecting with it. ghe Knghtsville Road viii
be in operation thia week, and tins BsIeton.siue
to Pendleton tomorrow. Both these will be yslu.
able tributaries 70 the Madison Road. The busi
ness Of the Rushville Road is rapidly increasing.
There ia considerable demand tos Land war.
rants, which will be largely ircsassed = isu the
decision of tie De pag;aent ia rsl-i5l - t8a Bonn.
~ Bill Wsrrrnta reaches the West TIE ne,5s.