The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-10-24

the first and second boards. II the members of the
Board VIII agree to remain all day in the Board
| room, this resolution will produce salutary re-.
suit. To-day, however, there were bpt three or
four members in the Board room between one and
two, and an operator who wanted to buy or sell
stock could not have found market there. These
various new rules which have been lately adopted
by the members Of the Stock Exchange seem
to be unpopular as well with spectators
as with that large class of jobbers and
brokers who buy and sell on the kerbstone,
and loud threats of appeals to the Legislature
were uttered in many places to-day. The New
York Stock Exchange would be almost as fat
prize for the hungry thieves of the Albany lobby
as the trunk railroads. 1t is desirable, however,
on every account, that legislative interference with
the trade in stocks should be avoided if possible.
In the course of q few days, we take for granted,
the commission houses will discover that they
made mistake in endeavoring to double the price
charged to the public for purchases or sales
OF stocks, and the new regulation will
be reconsidered and rescinded good op-
portunity will then be afforded for the
trial Of an experiment which has long
been recommended by leading members. We
hhS"h I'LL opSu boulus Hho tliub vi Iullss IL IN w.
lieved that If the public were admitted to the SEES.
sons Of the Board, being shut off from the brokers
by railing, for the more convenient transaction
of business the traffic in stocks would be ncreas-
ed, and the public generally would acquire an in
creased confidence in stock brokers' The open
board has worked admirably in Paris. No class of
men are more universally respected, and none re-
alize larger incomes than tho regular agens de
change. The present imbroglio is not unlikely to
terminate in trial Of the experiment here.
The business Of the Sub-Treasury was as follows
to-day
receipts 1923 1853 Go
-for customs ......................... 60 600 90
Payments, including redeemed y. CT notes Il csc 97l 81
Balance. .5,74S $3.50 OF
Information has been received that the commits
sioners, appointed by Judge Miller, at Milwaukee,
have reported in the matter of the second mort
gage bondhoders against the Lacrosse and Milwau.
kee Railroad Company and that they report that
there is due to said bondholders, after deductng
the amount already paid to them, the sum OF
$4,000. This would seem to put foreclosure Of
this mortgage entirely out of the question, which
will be very gratifying to the holders Of the third
mortgage bonds and other creditors.
The Ocean Steam Mills Corporation Of New
buryort has declared semi-annual dividend Of
three per cent, payable on demand
We understand that the New York Central Rail
road Company has raised its rate on -four from
Rochester to New York 20 cents, now making the
charge 80 cents per barrel. The Pennsylvania
Central is so overwhelmed with business that il
has been forced to adopt IN arbitrary rate from
Pittsburg eastward, in order to keep freight back.
The September earnings OF the Philadelphia,
Wilmington and Baltimore Railroad show an in
crease Of 600 over those of September, 1850,
while in the first two weeks of October the in
crease is still greater, being $4,000 for the two
weeks.
The Shipping and Commercial Last furnishes the
following statement Of the exports of brcadstuirA
from this country to Great Britain and Ireland
from the LIST of September to the latest dates:--