The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-10-18

With few exceptions the speculation at the Stock
Exchange was q rising one. The advance was most
noticeable In New York Central, which on extreme
quotations nuctuated between INK and 1856, the
latter price being made on Saturday. Hudson
River was also very buoyant and rose to 166. Tie
tndomitabe energy Of Commodore Vanderbilt In
fighting down oil antagonism seems to have
inspired his partisans with new courage,
and hence the bullish movement has been
more visible in his specialtles. The meet
ings Of the Lake shore directors, while
aordng the public new light on the subject Of the
losses incurred by the failure Of Lockwood Il Co.,
have shown in the election Of Messrs. Banker ana
6che the one as treasurer and the other as direc-
tor, the potent influence OF the veteran Commodore.
Lake Shore has also reflected this influence by rise
To 90. ON the other hand the course OF Erie has
oeen downward, declining as It did from 81 to 3ox-
curious sequence OF the annual election, whereby
the chief spirits Of the road have not only been re-
turned to office, but chosen to stay there four
to five years. In the beginning OF Septem-
Der, when Erie was registered, these men
mooted the question Of their own retirement In
order that the public confidence might be restored
to the stock Is not the policy still good one or
IL the road Under mallgn influence not of their
creationf The values Of the Stock Exchange seem q
measure Of the popularity Of the great railway lines
diverging from the metropolis. The earnings and
popularity TO bear direct ratio to the safety
OF human life in travelling over them. The recently
published annual report OF the state Engineer gives,
among interesting statistics, the fOilowing:-
for the year ending september &c. 1868, the
Erie Railway carried 2184,348 passengers. The
number OF miles run by passenger trains
Was 2,471,594, and the average rate OF speed per
hour was twenty-six miles for ordinary trains and
thirty for express trains. The length or the road,
Including branches, Is s21 miles. During the yea
twentynine passengers were killed and eighty-six
injured on this road, the greater part OF whom
the uctms OF the memorable disaster at Carr's
Rock, Oh the 14th OF April 1893. The New YORK
Central curing the same period carried 3e70, $50
passengers; Its passenger trains running an aggre.
gate OF 1870 100 miles, at an average speed OF thirty
and o hall miles per hour. The length OF the
road ~ @z.76 miles. During the year no
passengers we're killed and only six injured.
On the Hudson River road during the year the
number OF uile run by passenger trains was s05,62s
and the average speed thirty-one and a half miles
per hour. Tbis road il 144 miles long, and has
double tracks for the entire distance. or the
a.l2s 2ss passengers carried none were killed and
only nve injurei. The New YORK and New Haven
Railroad carried during the same period 2,1s2, sas
persons, running G7,ss1 miles by passenger trains
at an average sfeed Of SIX miles an hour.
This ROAD Is o2H mSes long. During the year no
passengers were killeda and but three injured Now.
we take the prices OF NE stocks Of these railways
We shall md that they bear direct relation to
the number OF persona killed and injured
Exceptionally TO the general advance Pacific
Mall underwent decline TO 5eJs on the
sale Of large amount Of stock hypothecated
with one Of the banks before the panic Before the
close Of the week It had recovered, however to 6s
The following. were the closing prices on satur-
day evening for the leading speculative stocks:-
canton, 90 . So; Cumberland, 2eh FIX; western
Union. sox Sez; Quicksilver, 12ss lax; Marposa
. .; do. preferred. 1915 II; Pacific Mall, $50 q