The New York herald., 1845-03-30
MONEY HIARKET.
Saturday, March 20.6 r. M


The advance of the past two days canno be sustained
The markettc-isy very heavy, and q general de.
cline in quotations experenoedi Stonington fell of
per cent; Norwich and worcester Erie Railroad ii
Reading Railroad I; Long Islsnd Canton Ii Mohawk 5
Morris Canal I, Farmers Loan Illinois Ohio SIS I.
Housatonic Railroad East Boston, and Pennsylvania IS
closed arm at yesterday prices.
very large obbiug house in Pearl street suspended
payment today. This house has for several years
past been extensively Engaged in the southern trade
and the nonpayment Of the INGREDIENTS ,1s Of that
section Of the S, s
revusion in 1887 and 3S-were estimated to be very
wealthy; but the disasters of these years must have
drawn largely upon their capital, and reduced their
resources to very low point There must be
many. other houses in similar condition, and
predicted such a result-to hear of many failures
before the closes There Eepots current that
several importing houses have suspended but we
have heard given, and cannot trace the
10 reliable source do not give them much credit.
An act reportea; from tne COmmee on Commsrcs with
chandzs exported in the original packages to Chihuahus
and Santa Fe in Mexico and the British North American
provinces adjoining the United States passed both houses
Of Congress during the recent session. and became law
This bill will have favorable influence the carryin
American nv Vessels The principal features IN the bill are
annexed
DRAWBACK ALLOWED GooDs EYroRrEs TO TERRIroRIrs
ADJOINING UNITED STATES.
SEC. L. Imported merchandise which has been entered
duties for drawback may be exported by the
Arkansas Red, or Missouri rivers to chihuahua, or
SEC . Merchandise exported shall be in the original
packages.
| SEC g. An inspection of merchandise exported for
dra xback shall be made at Van Buren, Fulton and nde
pendence towns the western boundary Of the Union
by United States officer.
SEC Upon the arrival Of such goods at chihuahua OF
sane Fe the American Consul shall inspect them and
certify to that effect upon the invoice.
Of the duties that the goods shall be sold and
consumed there and by producing the invoice with the
regular thereon, the collector shall pay back
the duties allowed by law.
SEC g. lnspectorsto be appointed to reside at Van
rem, Fulton. and Independence, with a salary Of $3.50
each moke semannual reports Of the trade that passes
their inspection the number Of packages kind Of goods
value, and names of the exporters
SEC T. Any imported merchandise which has been
tered and the duties paid secured according law for
drawback, may be exported to the British North Amer
sfPiatsbargh in the district Of Champain Burlington,
in the district Of Vermont; sackes Harbor, Oswego,
and ogdenssursh in the district q o.wegatchie; Re
the district Of Prcsquisle Cleveland in the district Of
Cuyahogs sandusky, and Detroit together with such
be exported for the benefit Of drawback, hereby
declared ports from whence foreign goods wares and
secured to be paid msy be exported to ports in the sd
joining British provinces, and TO which ports foreign
goods wares and merchandise may be transported To-
lnd or by water from the port Of original importation
under existing provisions Of law to be thence exported
benefit Of drawback Such ports situated on the
frontiers of the United States adjoining the British North
American Provinces may have extended them the like
privileges, the Recommendation of the sesretary oil
the Treasury and proclamation duly made by the Pres
dent the United States specially designating the ports
10 which the aforesaid privileges to be extended
SIC g. All laws now in force in relation to the allow
United states and exported thsrsrom and in relation to
the conditions and evidence which such drawback
be paid shall be applicable to the drawback allowed by
subject to entitle exported goods to the drawback al
lowed byxhsIact they shall produce 10 the collector Of
the port from which such goods wares and merchandise
were exported the certificate under seal Ct the collector
other chief revenue officer of the port which the
said goods wares and merchandise exported in the
SAID adjoining provinces which certificate shall be en-
dorsed upon duplicate certified copy of the manifest
granted at the time Of such exporaton and shall state
that the same identical goods contained in the said mani
lest had been landed at such foreign port and duly en-
posed by the laws In force such port upon tho said
goods had been paid secured be paid In u and the
said exporters shall also produce the aaav o. tine %ss
that the same identical goods specned IN tne menes.
granted the of such expectation had been csrried
to the port named In the clearance or manifest ana had
been landed and entered at the custom house, and that
the duties imposed thereon at the said foreign port had
paid OF be se nss ss re-
officer Of such foreign port herein mentioned the
ame Identical goods described in the maniest aforesaid
and in the said affidavit.
SIC o. No goods, wares or merchandise, exported nc
cording provisions of this act shall be voluntarily
landed brought into the United States and on being
80 landed brought into the United Sates they shall be
eited and the same proceeding shall be had for their
condemnation, and the distribution of the proceeds e
their sales as in other cases Of forfeiture OF goods Illegally
imported And every person concerned in the voluntary
landing or bringing such goods into the United States
shall be liable TO pensly Of four hundred dollars.
bs ~ 10 prU% the @ aou9t Of duties on good; rncs
tanned for the use OF the United States and the residue
only be the drawback paid.
SIC H. The Secretary Of the Treasury is authorized
and empowered to carry into effect measures to prevent
the illegal remporation Of goods which have beenl tx
ported, asiprovided by this act. ... saas