The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-01-25


The quantity -four exported this year exceeds that
last year by SOL $40 bbls about LOG cent The
excess of wheat this year last bushels
nearly per cent The aggregate export of Indian corn
has swollen 4l2l7 bushels in ls46, to l42s66e
bushels in ls47 being increase Of 2a bushels
and per cent The increase Of wool estimated
at sis aso lbs, which IL over u per cent
The following dividends hsvs been declared in Phla
delphia:
PENNSYLVANIA Life Insurance Cos per cent for
months and an extra dividend CT per cont. Reliance
Mutual Insurance Co 6 per cent for the year Phoenix
Mutual insurance Cos per cent for the year
year and IS per cent extra dividend from premiums
earned during the year. County Fire Insurance Co
dividend Of az per cent. Columbia Insurance Goa
semi annual dividend Of per cent Insurance Co Of
North America semi annual dividend of per cent
and an dividend of per cent from surplus
ducing capital. Bank of Pennsylvanis-a semi annual
dividend Of $40 per share.
The message the of Indiana to the Legis
aturs that State presents the finances Of that State
an very favorable light. 1t appears that the bulk Of
the debt has been cancelled under the
Over nine millions of bonds exclusive of interest have
already been arranged and hopes entertained that
tho msinder will soon be surrendered The principal
Of the State debt for which State bonds issued
amounted to eleven million and sixty thousand dol
lars showing but small balance remaining in the origi
nal shape There has been interest paid the
debt since Is4i which becomes funded under the
arrangement The Governor of Indiana congratulates
the Legislature upon having avoided the stain ofrepudi
alton; but the escape very marrow ono. There
many who do consider the arrangement made any
better than the reputation of much Of the public
debt, the Legislature has thrown upon the public
works OF the State Reputation is almost too strong
term to apply but does not far from It, Illinois
has made much ereditsbls arrangement relative
its debt than Indiana 1t has not compelled its crsd
give up half of their claims and relieve the State
from the responsibility of much Of their debt. The
bondholders Of Indiana may do as WE'LL by releasing the
State and looking the proceeds Of the canal of the
State though ths State provided for the payment Of
interest," and retained possession Of her public works.
but the principle bad It less than say
ing to the public creditor you do not take the
and proceeds fer the payment Of oneba Of your claim
against the State you will get nothing that portion
OF the debt Indiana will, before the lspse Of many
years. pay the interest her public debt in full not
only upon the principal but upon the debt created By
the Of INTEREST," but 1t would have been much
more creditabs the State had she kept clear of the
arrangement into which she has been drawn
The ordinary expenses Of the State government for
the fiscal year ending the 3ls October last $780,
7s2 g. The ordinary expenses for the year lsis es
mated by the Auditor at geo The number Of polls
turned for is47 2s $751; being increase Of a7oa
over That OF the preceding year Inc value OF the en-
tire taxable property returned for ls47 $i24 o6o
an increase of 81, Gee 500 that of last year.
The amount Of paid into the Stste Treasury
during the fiscal yesr including previous arreara
ge' ia $3.50 si7 o. being SOS 4s6 OF than paid
during the previous Ascal year.
The assessment for lss7 is for state purposes $46o
GA ~ and for county, township, road and school pur
poses collectively $500 GIL 90 Add to these sums the
delnquenoies Of former years STAT o6s Al and the tets
amount Of the duplicates for is47 Is ST. 100 oo4 ~
We have shown, from the weekly returns of the Bank
Of England that there has bsen very great unformi
ty In the circulation Of that Institution notwith-
standing the fluctuations In the amount of bullion on
hand but 1t appears by the returns Of all the banks In
the United Kingdom that there has been very great
decrease in the aggregate circulation.
The returns Of circulation of the Irish aud Scotch
5snks the four weeks ending the 4h December when
I'D together give the following as the average circu
alton Of those banks during the past month Wiz
Average circulation of the Irish banks. f5s2l7u
Average circulation Of the Scotch banks -, 97sa4sS
Average weekly circulation Of these banks for
the nenth ending the eth ult,, y, ~ oeA22o