The New York herald., 1862-11-12

A. the third board there was very large at
tendance and good deal of business done. Erie
sold ct 63L, Central at l03,6. Hudson at 74LI,
Michigan Central at Ssl4, guaranteed at s31l,
Southern old at 4os+ Illinois at u, &c, &c Gold
sold down TO l3l.
The Board of Brokers this morning suspended
from membership for the period Of sixty days, the
house Of Lockwood Co.. on the admission by the
partners that the house had been doing business
On different principles. as to commissions, than
were fixed by regulation Of the board. The event
illustrates the absurdity Of the regulation, and
aothing more. kessrs. Lockwood Il Co. are one
OF the Oldest most honorable and most wealthy
houses In the street. Their commission business
l. probably the largest in the street. The extent
and sell stocks cheaper than could be
done by houses with fewer customers.
and the attempt TO compel them to charge higher
rates is just as unreasonable it would be to try
to force A. 7. Stewart h Co. to keep their prices
up to the level Of those Of small thread and needle
store in the Bowery. The event occurs at unfor-
tunate time for the regular Stock Exchange. An
outside board has lately been successfully estab-
lished in William street. This board is frequented
not only by the street spectators and outside
brokers' but likewise by at least half the
members Of the old board A very large
business has been done there Of late, and quite
. number Of spectators are getting into the
habit Of doing their business there in preference
to the old board II IL understood that at this
third board business is conducted az in the open
street, and brokers may charge whatever they
please There is reason to believe that the action
OF Me Stock Exchange this morning in the case Of
lockwood Il Co. will have the immedia te effect Of
driving a large proportion Of its present business
into Mr.. Henriques' ROOM and, in all probability,
viii ultimately lead to the establishment Of an
open board, where business will be conducted on
business principles, and the public may be admit.
ted to see their orders executed
The business Of the Sub Treasury follows
to-day
secspts ,l62 535 I6
--tor customs 24l oOO w
"a oas,ss" ~ ~
Balance. H,4ss,634 90
The exchanges at the Bank Clearing House this
morning were s33 oss4s7 "a, and tie balances
81 l.6ll,240 81.
The statements Of the Philadelphia banks for the
last two weeks compare as follows:-
Eous. Nov. 10.
Loans s.......... s55i4 1886 3597s,ia3 Inc. 4os 7ss
Specie ............ Sass 02e s24 .s2l Inc 0e5e2
Due from Otner l.sss ,tOh DeC 113. 500
Due to other banks 72s,3Ss ear ora Dec .9O9 2se
Deposits ...... 26 ia 81 1896 .67s iuc .s57 s6I
Circulation ..... 4sss,sso 4,TGs,4s7 Dec. .i2l 4o3
Samuel A. Parker, Treasurer Of the State q
Rhode Island invites proposals until the l4th inst,
for the whole or part Of 5000 600 4 the war loan
of g. 200 900 of the six per cent bonds Of Rhode
Island, 81, 900 each, with coupons. twenty years
interest payable in Providence in March and Sep
tember.
The Chicago and North western Railroad earnee
the fourth week OF October
elo,oV&
kfognt oL 5v
hAih ke........ ,,................,. LOU
TOTAL. ..SsybIo
same wee% OF sst year III III.
increase s.tt.t.t. ,49t
The whole amount foots ups
october, 1851 Sl25 y694 81
~ctober, 1901 los ,146 27
lacrosse ......... t20,5l6 n
This 10 the largest months earnings by sl5 600
since the road was built.