New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-20

provement Of % y cent A large improvement
to the value Of this Stock is expected IRON .'e
bnildinp Of the New-Haven and NeW.Lohdoh
Road Portsmouth was firmer. There Is more
monument IN Long Island and the quotation I'M
.a,.od TN A sale of Ramapo Railroad was
roode Of &c. the first public sale OF this Stock that
loo baen made for some time. Erie securities
,,ore firm All the sound Bank Insurance aud
State Stocks are in good inquiry and firm. In
Governments the sales are moderate but at a lit
tie improvement.
In Exchanges the market is quiet but steady
Sterling, 1o0lo1 Francs, 5.l7305.l2l. The
supply Of bills is moderate
Freigbts are quiet TO day, but firm at sd for
Flour; 43d for Grain 3-l6d for Cotton l5020s
for Dcadweight. To Hayre, Cotton is ID. To
California, there are fair engagements at 60@l00
The Money market continues to be very easy
and the supply Of paper less than was expected.
The amount received at the Sub Treasury IS
s2o,624 Payments, s4o,sos; Balance in the
Treasury, 50 ,995,0O6.
We notice by IN advertisement in another
column that the Stock Book for the sale OF Stock
in the Rocky Bar Mining Co. will be closed on
the LIST prox.
The Western Railroad has declared semi
annual dividend Of 4 2 cent. The Hamilton Man
ufacturing Co. at Lowell, semi.annual dividend
of 3 y cent
There is strong effort now making by the
New-London people, and others interested to
obtain subscriptions to the amount Of 100000 to
the stock of the N. Haven and New London Rail
road Company under an understanding which ez.
lats, that if by the 1st day of January prox that
amount is subscribed by the New London inter
est the Road shall terminate at that place Par.
ties In this City interested in this ro9te as land
ties in this City interested in this route as land
holders, &c. are now soliciting subscribers here
to complete the amount within the time specified
and have succeeded to some extent. 1t is said
that the amount yet short is about $4,000. On
the other hand, parties resident in Essex, Deep
River, Chester, East Haddam and Norwich, and
their vicinity, who have already become sub.
scribers to the New Haven and New. London
Railroad stock are strongly opposed to the Road
terminating at New London. They assert that
the route to Boston via New. London is decided
departure from the direct route and will not COM
mand the through Boston travel; that if this Road
goes to New London the travel to Boston will, as
now, go over the New Haven and Hartford and
Sprinfeld route. They further assert that by ter
mnating this Road at Norwich instead Of at New
London, the distance between New.York and
Boston will be shortened some twenty miles;
chat it will drain the travel from Nashua beyond
as well as from Providence on the Hartford and
WiIiamantic Road toward New York, which
will not be the effect if the Road goes to New
London that by proper and natural arrange
ment the Road from Norwich to the Connecticut
River would be worked by the machinery, &c. of
the Norwich and Worcester Co. and from that
River to New. Haven and New-York by that of
the New Haven and New York Co. They say
that the necessary subscriptions to fill up the
Stock are now ready and will be supplied by
these terms if the Directors will decide to accept
them and fix the terminus at Norwich. A few
days will probably settle the matter Taking the
map as guide and supposing the object to be to
uttan the most direct route to Boston, and one !
that will draw toward it the travel from the larg-
est area of country, the straight cut by way Of
Essex across from the Connecticut River to Nor.
wich instead of the lower or roundabout way by
New London, is the one most promising to the
Stockholders All the places above named as ia
voring the direct or Norwich route, are largely
engaged in manufacturing, while there are no inn
poltaut places or manufactures between the Con.
nectcut River and New. London, and the latter
place itself has little for Railroad to take to
this City, its chief commodity being whale oil,
which, Of course, WILL as now, always be cheap
est transported by water.
est transported by water.
The arra2gement Of the State debt OF Indiana
at the tine OF the making fthe loan of 100000
for the completion of the w abash and Erie Ca"
nal, placed upon the market no less than eight
descriptions Of Stock, under various titles and OF
different values We have been at some Paias
to obtain the following information in regard to
these various Stocks and their market value, that
our readers who may be holders or buyers, may
act understandngly Under the funding arrange
ment the State debt was divided into two parts,
one to be called Indiana State Stocks, and pro
vided for by taxation and for which the State
faith is pledged and the other called Indiana
Canal Stocks" and for which thew abash and
Erie Canal lands, &c. are pledged. Under this
arrangement for each bond and its accrued inter
est, the holders received
l. For one-haf the principal certificate for
$780, bearing interest at per cent payable hall
yearly, commencing in July, 1875 per cent in
cash, and per cent. funded TO 1853; after 1853
the whole payable in cash
. For one half of the back interest certa
cate for $50, bearing interest at the rate OF e.
per cent after 1858.
These Stocks ere payable By the State.
,. For the other half Of the principal, Ger
ticate for $500, bearing per cent. interest after
the LIST of January, 1877.
4 For the other half of the back interest,
certificate of $3.50, bearing per cent interea,
after the st Of January, 1858.