New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-10-18
-EcONn nnARD.
THURSDAY, October II.

The Stock market was active to-day, but scarce
~ so active as for several Gays past Still the bu'
siness done was very large. Prices generally
show little reaction, which was not unexpected
after the late rapid advance The principal de-
cline was in North American Trust which de.
clined to ll4, fall of y cent since yesterday
and about the point from which it started. Some
sales sellers option We're made at the first Board
atll2Ql2 Erie closed at the same price as yes
terday There are good many investment or
ders in the market for this Stock--n this as iii
other Stocks there is more investment rs it ap-
proacles par than when it was much lower. The
demand for Incomes was good and 100000 sold at
932 a 93S closing at the inside rate. The advance
of 2 or p q cent. has brought some parties into
the market to realize but the demand absorbs all.
Second Mortgages were steady at 1909. Loans
can now be as easily negotiated on Incomes as on
Cd Mortgages, Reading Bonds, 1870 declined l
| A. cent Mortgage Bonds are steady. Ports
mouth Dry Dock was in active at u as, fur
Their improvement on Yesterdays rates The
movement in this Stock has excited considerable
attention in the Street to its value and its
cheapncss and the large margin for rise will
probably make it a iovorite fancy. Hudson River
was steady at 75I Norwich and Worcester was
in demand at improved rates and some sales were
made between the Boards at higher prices. Nor
rs closed firmly at 2l4 fraction advance ON the
closing prices Of yesterday. The principal opera
tors in Philadelphia and Boston. Long Island was
firm at l32. 1t is said some Philadelphia parties
are buying up this Stock, Reading was not firm
and sold at 67. Harlem was in fair demand and
closed at the same price as yesterday. Farmers
was n little lower. At the I'd Board notice
sales of 200 shares of Vermont Central Railroad
at 34s Q342. This is new Stock in this market
but has long been leading fancy in Boston. The
transfer books have recently been opened IN this
City and it is anticipated that 1t will become like
Reading one of the leading Stocks here. Tins
Road forms 4 link Of the chain OF Roads iron
Boston northwestwardly to Lake Champlain and
thence by the Vermont and Canada Road along
the East shore of the Lake to a connection romC
the head of the AXE With the Ogdensburgh RoaC
at Roussc's Point. Here also q connection i:
made with the Road from st. Johns which is now
under contract to be completed by the LIST OF July
1881 From st. John TO Lopraire opposite Mon
treal the Road is now il fail operation. These
Roads when completed form continuous line o
Railroads from Boston to Montreal and from BOs
ton TO Ogdensburgh The Vermont Central RoaC
is earning at the present time interest on its debt
(about 100000 in Bonds rs current expenses ant
y cent ON $50 z share 1t was opened to Bur
lington ON the first OF January, 1880, and to the
Lake shore about the st of October. BY the l5tl
of November the Vermont aud Canada RairOa(
Will be opened. This Road, connecting the Cen
trail with the Ogdensbmgh, and costing $S00,0Ot
has been leased for 30 wears at U cent T nm
mum by tie Ncmont Central This lease gives tc
the Central a controlling influence over freight anC
passengers going either to NowYork or Boston
When the Canada and Vermont and the Ogdens
bursh Roads making together l62 miles OF Road
are connected with the Vermont Central which
Will be within mouth the friends Of the Contra
contend that the receipts illrcpidly approximate
to those of the Western Road They argue thai
the country through which the Central and con
necteA Roads passes and whicl,it reaches will at
ford e4ite as large traffic as the Western enjoys
while the cost of the combined Roads is about sly
million and half against Ten millions Tor tho
Western of which five millions s debt againr
eight hundred thousand OF debt op the Central
The earnings of the " estern the FIRST year it wa,
in operation and before ii tapped the Westerl
trade at the Hudson RIVER We're onIy Sl32,30o
While the traaic Of the Central the FIRST year Of its
operation and before ii is opened to the Yves,
b. the Vermont and CanaSa junction a Rouse
Point wiz the osensburgh is $4,000 2 month OF
$4,000 = annum. The opehans on the 18th prog
Of the above connecting link must increase the
receipts OF the Centr&l enormously The Central
Road has heretofore, together vith many ether
l2es+og, Roads hes,i sukeriuo t,i{.Iar 4;no,;,l -
barrassmeas, but it is noay entirely relieved, aud
there is nothing in the future aprovenjt complete
success Forlnca and Schenectady so was bid
Mohawk was firm and IN demand at s3i Della
ware and Hudson has declined , cent. within a
Jew days with small sales Indiana Preferred IS
mnroyed p cent There was a fair demand for
Goyesqment and STATE Stocks wjs.oa: marked