New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-15

FRIDAY. 7. NJ.
The buoyancy of the Stock Market con-

The buoyancy of the Stock Market con-
tinued to-day, until the close of the Second Board
when there was little weakness in some of the
Fancies. The sales were large, and an active
competition existed for Stocks The principal adj
vance was in Canton, which went from 90 yester-
dav 10 65. with sales ofony 225 shares under this
Improvement. Incomes were also very buoyant
and sold as high as 95,-closing at 941 and having
an, advance from 500 on Tuesday last. 1t is now
considered that the plan projected for issuing the
new Bonds, will add to the value of the Incomes.
Second Mortgages were steady. Norwich sold at
65-a further improvement of 4 cent. A meet
ing of the Directors Of this Road was had last
week. with the Directors Of the Norfolk County
Road to discuss the subject ofcontinuing the latter
Road from Blackstone it's present western termi-
nus, to ajunction with the Norwich Road in Thomp-
son, or Killingly. The great advantage of such
connection was amply established, aud the par
ties representing the Norfolk County Road made
a proposition to build the extension Road from
Blackstone to the State line Of Connecticut, If the
friends of the Norwich Company would build the
road from their Road to the State line TO meet
them, distance of about six miles The propo'
sition was fsvorably received and the connection
will probably be made. Another project con-
nected with the prosperity of the Norwich Road,
is also rapidly gaining favor to build Road from
Norwich southwestwardly on an air line to Say
brook or Killingworth, there to connect with the
New.Haven and New London Road, now build
ing. Considerable aid has been promised to this
little project, and its success is more than probR
BILE. When the first plan is carried out, the con.
nec,ion with the Norfolk County Road saving of
II hour in time will be made between Norwich
and Boston, and when the connection with New
London Road is made any one who will examine
map of New. England will perceive that this
route via the New-York and New. Haven, New
Haven and Norwich and Norfolk County Roads
form as near an air line between New-York
and Boston as will probably ever DO attained.
IL will then be the great land route between the
two cities Long Island was firm at 24l and in
demand. Most Of the purchases are by parties
who believe that the next twelve months will de-
yelope the true value of this Road. Reading i'm.
proved 4 y cent. with considerable sales. Morris
experienced an active demand and over 5000
shares sold, closing at 81 an advance Of y cent.
Harlem went to 6sl, but closed at 674 Erie was
sll at the Second Board, an advance OF l y
cent from yesterdays price Rochester and
Syracuse declined one.haH y cent. Mohawk
exhibited a frmer appearance, opening at Sc
and closing at s7wsh that price bid, seller thirty,
Tor any part OF thousand shares. The stock
driven out by the springing of the Caskill project
and by the efforts Of leading bear house, having
caused the market to recede TO So buyers have
come In who believe that even if the Catskill road
Is built in the next two years. the traffic of the
Mohawk, under the natural increase of the bust
ness of the route, the traffic which must 90 10 AL
bany, will be sufficient to pay ten y cent divi.
dend on the stock, let the Catskill road abstract
all that is claimed for it, Portsmouth sold at Isl.
Edgeworth l09. The sdvices from Washington
in relation 10 an appropriation for Government
Dry Dock on the Ohio River are favorable, and
Mr.. Palmer, the President Of the company, has
gone to Washington to make friends for the pro-