The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-04-30
HONEY MARKET.


Stocks advanced to-day very large per cent The
sales quite extensive Long Island improved 81 per
cent Mohawk Harlem % Norwich and Worcester
o. Illinois II Canton } Indiana II stonington 81
Pennsylvania 5s Paterson Farmers Trust Ken
lucky ss closed firm at Saturday s prices
Ten thousand dollars in specie arrived Yesterday in the
brig Chares, from Carthagens
Counterfeit ones the Farmers Bank of Catarsugus
County are in circulation They are dated June l4h,
iS4s' and are without the Comptrollers signature
The American Exchange Bank has declared semi.
annual dividend ofthree and half per cent.
The semfannua interest the dollar bonds Of Alaba-
ma due the first Monday in May, will be paid on that
day, at the Phoenix Rank Of this CITY,
Foreign Exchpnge still continues very firm at the last
quotations. Prime bills London cannot be obtained at
less than 81 premium.
bill has been introduced into the lower House OF the
Legislature of this State to levy pay the unfunded
canal debt Of the State The proposed is oneenth
of mill on the dollar. The Legislature have agreed to
adjourn on the 7th May 1t possible
oil the adjournment may take place. if not many of the
bills before both Houses must lay over
Advces from the south state that the irwinton Bridge
Bank, Alabama, has closed its doors. committee of
citizens were investigating the affairs of the institution
and their report would soon be published
The Main Line Revenue Bill has at last passed both
Houses Of the Pennsylvania Legislature. The bill passed
the House by vote OF 81 to 81 and the Senate by
H. That part relating to the sale Of the main line
Of the public works. is to be referred the people at the
next annual election The appropriation bill also passed
both houses as il came from the committee conference
The passage OF these bills will have very great influence
on the price OF state stock in The hands of brokers'
is very doubtful whether it will actually advance the
value OF the stock The to collect the additional
taxes very weak We that the tax law could not
be enforcedtha not than twothrds of the tax e
We'd has been collected This bill leves heavier taxes
than any previous one and there will undoubtedly be
some difficulty experienced in collecting the amount le
We'd We have doubt but that the people will through
the ballot boxes agree to sell the public works. as they
are anxious to reduce the public debt do anything else
to take away the necessity for taxation The principal
features OF the bill, as passed. a. follows -:
The Commissioners Of the several counties are required
to add to the rates and eves Of the present year. one mill
on every dollar of all property taxable for State pur-
poses making the tax Of 1914 the thut and
hereafter to levy tax of three mills all property made
taxable by this act.
The Board of Revision to equalze taxation throughout
the is to consist Of person from each
Judicial district each district to be considered as
one) to be appointed by the court.
The Main Line may he incorporated and transferred
when fifteen millions of the capital stock shall be sub.
scrbed and paid nthe State to lie interested in the re-
mainder until subscribed for by individuals and if said
remainder be not subscribed for Ivy individuals within
two years then the company pay the State FIVE per
cent per annnm thereon The company TO have the pr
vilege of carrying passengers not merchandise The
State may resume at the end Of twenty years. by paying
ten per cent on the cost, &c.
This bill has only receive the Governors sigma
ure to become alaw 1t is supposed there can he no OBJ
lection raised by the executive uness there exists some
unconstitutional clause
Cotton and woollen factories springng into exist.
ence in all parts ofthe country cotton factory has re-
Gently been established in Natchez, Miss, by company
from Boston company has just been formed at Buffalo
Tor the purpose of building mill for the manufacture of
cotton goods The advantages the western country
over the east in building up large
places is the superiority of the soil in the vicinity fer
agricultural purposes and the ability supply the OPERA
ves with agricultural produce is well known that the
country very barren soil The country
surrounding large manufacturing district il unable TO
supply the market with breadstuHs and provisions By
being compelled to purchase the necessaries of life at
distance the cost enchanced and the expenses Of
are consequently increased These evils cannot exist
at the west As of set to these local the
manufacturers of New England have capital against
which new companies cannot successfully compete
Theastern manufacturers the supplyor the
foreign markets. these companies present can only
command the wants for consumption in their mmed late
vicinity They stand on the most correct principle hey
Independent of legsation-they require no prorc.
ton Situated in the heart of great wool and cotton
growing country the material is landed at the mills
cheaper than any foreign manufacturer possibly oh.
tain it. This, with the low prices of produce reduces the
expences of employment and gradual growth goes on
| uv,ksI tbax,h -,
the western part of this State and through Ohio and the
largest Of the western States great manywoollen
facturers whose business lays in the immediate neighbour
hood Of their locality They the wool raised by
farmers around them, and supply Their in return wit
cloths, SC, particularly adapted to their wants These
men do not ask for protection. They have no compet
tors The aggregate manufactures of these isolated acto
ries amount to more than all those Of New England
We annex table Of duties good 6, sc imported into
the Bahamas from any port place without the limits Of
the colony The trade carried between the United
States and the Bahamas Is yearly increasing We ind
market for large quantities Of principal staples and
agricultural productions Of all kinds The following
tariff Of duties went into operation the LIST Of ARCH
TARIFF OF DUTIES ON MERCHANDISE IMPORTED INTO THE
BAHAMAS.
Wheat -four, the Dbl OF l96 lbs :. =.
Biscnit and bread, the cwt......
Rice the cwt.. -. :. =. -. ne
Segars per thousand.
Ran, gin aad other spirits, Yer gallon
Lu%S iseladins white and yellow pire board. and
,scsntihg per M ieef =.
Cypress tningieS vi 4
y.nS' sn.nges per vi 2 .
Lsri, butter and CHEESE per 4 .
|
candles (tallow per cwt.. 2
4
Pitch TAI fosin and turpsntiae, barrel
olive OF aud oil OF alnonds, gallon.
s sper nacstt o per gallon,. e.
Duer Oh per gallon.
Iva oesi per ushei,'''
Iurnrr. a"res beet, carrots suf onions yer barrel
Onions Hhea rot 10 DU!s. rpadrd bGnrhes
Iohacco, p'r cwf.' :.
- 10 whcn manrf ctured ether than scsar. rer IL
| .is'us, cuITdnts, t~s and pruucs -
:. ,.