The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-09-30

day before. Erie continues the most active specu
latiye stock on the list 1t nuctuated this morning
between Al and All, sold in the afternoon at Al
and closed All bid, against ALI bid at the close
yesterday. Central was rather stronger ct
first, but fell back afterward; 1t sold at e0l cash
between the boards, and closed 90l bid, against
90S yesterday. The Western shares were gene.
rally lower. A vigorous attempt is being made to
depress Rock Island and Galena, apparently by
parties who have sold out and desire to replace
their interest. The absence OF the friends Of some
Western stocks, and the apathy of others, impart
strength to the operators for decline The bust
ness in bonds this morning was light, and also in
State stocks. AT the close to-day the following
were the quotations:-yirginia 6's, 9l3 o 90; Mis-.
souri, 0s, 79i 4; Canton Company, p a 4; Cum.
berand Coal preferred, IA ]; Pacific Nail Steam.
ship, 50 So New York Central, 90s ]; Erie,
Al /; HUDSON River, 63s a s; Harlem, 22g a l;
do. preferred, SO 3; Reading, 4st a Il Michigan
Central, 70l ]; Michigan Southern and Northern
Indiana, % |; de- guaranteed, 49, so; Panama,
125 l26; Illinois Central, SCI Il Galena and
Chicago, IA h Cleveland and Toledo, 473 a Z;
Chicago and Eock Island, III rs.
Our Philadelphia correspondent. writes as fol-
lows
little later than this time last year Mr. Robert Mccall
mont, the london banker, who holds several millions 10
Reading Railroad shares and loans TO this city,
where he remained till after the company election when
the old President succeeded by worthy gentleman
entirely 10 the business and whose policy II 10 10 get
all be for the road without reference TO the interests
Of the roads customers In other Words he CONSTITUTES
his duty to be the OF the interests OF his English
constituents, rather than OF the miners IN Schuyl county
and the shippers In this city. Aud being very aged
man and strong prejudices the prospect that the
operators VIII havo 70 continue TO pay high rates asd
Joy small profits The fact the OF the Read
ing Railroad s not easy 10 understand for in this city
has about three haadsa President Vice President and
q Official but salared, consulting President. AT
Reading, ATTY miles or its great shops and the head
Superintendent having his Office at that point Tie
pany thus has two seats Of government and no single
recognized efficient, official head. And herein source
of future difficulty Meantime II E not known whether
Mr.. McCamont will visit this country again the coming
winter not After he turned out the President who
en3ued between the Epgish millionaire and the leading
1nancier IN this community, the latter OF whom inten
touAly nsuted Mr. MCCalmont n writing. The Reading
Railroad has wonderful merits and resources but really
its policy seems TO defy intelligent comprehension. Every
year too becomes larger By accession and the next
link TO be engraed upon II is The East road
10 which, under the Influences at Reading city, the Le0a
Valley Branch Is made secondary and tributary I'm
ill., therefore, the English owners OF tho Fast Pennsyiva
Railroad prevail upon TIA Reading Railroad Corpora
tion merge the Fast Pennsylvania Railroad into their
| own work, Il viii be cared for as At prsseat.
| The following was the business at the Snb Urea.
| surer's Office to-day
TOTAL reCep1.. tloI,IZt %
--Customs ...................... los sos w
Payments ..............,........... No,2al %