New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-10-23

TUESDAY, Oct. ppm

so dO........., l44 lou IoIlsll Oiy DVOh' "
TUESDAY, Oct ppm
The Stock market was active and generally re-
covered portion of the decline yesterday, The
feeling was considerably better, and there was
more disposition to buy in. The most buoyant
etock was Norwich aud Worcester, which i'm
proved to 81 for scrip stock, equal to SAP Y share
At this price this is a full u v cent. Stock The
business of the Road is in a very favorable cond-
ton, and being more than ninety per cent local
freight and travel, is beyond the reach OF compe-
titon The Nashua and Worcester Road is now
bringing daily large amount OF traffic to the
Norwich and Worcester. Mohawk is firm. The
Man for consolidation of the Utica and Science
tady and Mohawk is still under discussion, and
finds many friends The consolidation OF the
Western Roads has been found to be very advan-
aageous, and this could not be less So Large
economies in the working OF the roads could be
introduced as the two roads could be operated Tor
about the same cost as the Utica and Schenectady
alone The two corporations are favorable to the
union but disagree upon the terms. Tins, how
ever will doubtless be satisfactorily arranged
AS it is the Mohawk Road is the key to the whole
line of Western Roads, and they cannot get to
the river excepting over it. The great and rich
Utica and Schenectady Corporation feel as II they
should not be cut oil from Albany by only sixteen
miles of road under distinct corporation North
American Trust was firm at 10, and there is evi-
IDENTITY movement to carry it up-sad to be from
Boston operators. The rumors that an Agent OF
the Creditors came out in the last steamers au-
tborizcd to compromise with the stockholders are
renewed. Erie was improved " cent from yes
tcrday, with large sales. The receipts continue to
be beyond the original estimates. The compile
ton of the contract for the Attica and Hor-
nellsvillc Road secures the construction OF
this most important tributary to the Ene
Railroad 1t makes the route to Buffalo
about the same as if that city had been made the
actual terminus OF the Erie Road The line via
Buffalo and Hornellsville will then be the shortest
one connecting Lake Erie with the seaboard 1t
will be seen by the map that this road bears near
" in a direct course from Attica toward New
York, while the Central line DIVORCES northeast
wardly toward Rochester, A comparison OF DIS
.ances, from Buffalo to New York, shows the tol'
lowing results
Central Route via Albany and Hudson Ri'ef n.
Railroad ~ ~ mics
Route via Honelsyille and Erie Rouds,....... he =
Being about 80 miles less than the Central line,
when made direct between Syracuse and Roches
ter Buffalo will probably continue to be the prn-
cipal port of the Lake commerce, and for years to
come, the greater part of the travel nom the
West will pass through that city. Hence 1t is
not impossible that the business OF the Erie Road
coming via Buffalo and Hornellsvillc will be as
large as that which comes over its own line from
Dunkirk. The vast amount OF freight and travel
moving Eastward from Buffalo will be ready to
fill this new channel as as it is opened. The
contributions of the HornesVille Road will pass
over 329 miles of the " Erie and would ensure
that road lucrative business, independently Of
its own Western section, which will bring down
a constantly accommodating business, as tho re-
sources of the country developed, and the con-
nections witht the w estern and Southwestern lines
are perfected The Bonds We're firm and goodre
quest, but holders evnced no disposition to sell at
the decline of the last day or two. These bonds
with the lnoomes and Second Mortgages are cop
sidered perfectly good Collateral 10y capitalists
and they are carried if held speculatively, with
ease. Morris was very heavy and sold in the
Street down to l9l 1t afterward recovered to
20I Canton improved Z cent. Harlem was
heavy and declined y cent. The contractors on
ehe Extension to Chatham have broken ground,
and will now proceed rapidly with the work.
Long Island Icll OIL at tho Second Board to Ia, a
decline of = cent. Delaware and Hudson sold
at 1862, further decline of ] 2 cent fall q
q cent. since Friday last. which is extra
ordinary in a Stock SO we'll held as this. Far
mers Trust improved J y cent. For Govern
ment and State Stocks the demand was fair and
the market steady There are some Stocks going
abroad by the steamer to monow.
In Frcights there is rather more doing. bat the
rates are easy Engagements, 10000 bbls Flour
at is 500 or 600 bales Cotton at IS cd per bale.
1000 boxes Cheese, Is sd. Grain can be shipped
at 3&@4d To Havre Cotton is &C.; Ashes $50
So To Hamburgh 300 bales Cotton were ship
ped a, /, and heavy goods ct 22s Cd. To Rotter-
dam 200 ties. Rice, 25s.
The Exchange market closed heavily at TO- q
loi for frs, class bills Some loading drawers ask
loi v cent, but good bills can be had at TO- |
some second.class bills were sold at q co.,
Francs are 5 ~ @5.l5 Tor sixty days, Thercwas
considerable supply Of bills over !