The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-24

PHILApKLpHrA, Oct %, Is49.
Ecmihing State of oxr Fi~amces-C California Gold
at the Enited Staies Mimt-C Cadets Of Tempe
rance The Fair Awlwsements - The K,Aers
-About-7ne Markets, &c.
Our good old commonwealth, after years of abuse
on beth sides Of the Atlantic, is getting both into
favor and credit again. Within the last twenty
four hours she has purchased $4,000 worth of
State Elves, at the market value, which makes
total Of nearly $500 coo of the State debt which has
been blotted out within few weeks. This is but
a small hole IN forty millions; but it is csm-
mencemenf, and affords most substantial evidence
that the incalculsble resources of Pennsylva-
na," about which our journalists are for ever
praung and by which we are to be extncated
from debt and difficulty, are not matters Of moon
shIno--mere paper statements, having their ele-
menis in fudge, froth, and other unsub stantlal
materials. When a State can pay the expenses OF
its government promptly and liberally-punctually
meet its plighted engagements in specie funds
and at the same time make permanent provision
for the ultimate redemption Of all Its liabilities, Its
bondhoders may well rub their hands or noses, as
inclination prompts, and "reJoice with an exceed
ing great Joy" All this has been witnessed in
Pennsylvania, in the year OF grace, 1919: These
delightful monetary facts, coupled with the favor
able advices by the last steamer, have caused Penn
syvania Elves TO GO up, and up, and up untll they
have reached a point which would have sounded
utterly and outrageously incredible 10 the men of
htile faith who sold out In 1910. Some OF the
guire bulls OF Third street laugh, chuckle, and talk
Of par; but this never can happen, unless California
gold becomes as plenty as copper. What man, in
bis tober senses, is willing to pay dollar for dollar
for five per cent stock, when he can invest his
money equally, If not more securely, and obtain
better per centage II, by some hocus pocus
the part of the brokers, Stale Fives should be
forced up, 10 par, State Skies ought to be worth
oh -. aalt kfph.. fI...t
rent quotations for United States Skies.
Your penny contemporary of the Sun says that
there is more California gold at the mint IN this
CITY than can be coined in SIX weeks, working
night and day, and adds, that In consequence Of
this delay, parcels OF California gold have been for
warded TO England, by the New York merchants,
10 be coined there. The Sun 10, "a usual, untor-
tunste in It's statements of alleged facts. The fret
statement IL wholly erroneous, and the second,
presume, IL equally 80. New York merchants
not New YORK asses sending gold dust TO a mint
three thossand miles off, ncurrlng the serious ex.
penses OF freight and insurance IN the outward and
home tnps-and what for The Sun says to save
tine. Under the most favorable circumstances,
the CON could not be returned for the dust under
slxiy days; whereas deposit OF gold dust al the
Philadelphia mint will ems n return Of American
eagles IN less III IA half hat time. so; am assured,
and have made inquiries at the fountain head.
When cur mint was erected, and ia present machl-
Iery ordered, manufactured aud put up, the golden
deposits in the Sac lamento valley were not
dreamed OF, aud consequently il had not capacity
enonph TO manage The stream cf California gold
which has steaciiy been pouring into her vaults
for the last SIX months. The officers OF the mint
saw the difficulty, and 10 meet the new demand,
and 10 prevent delay, have introduced new ma
chineIy and made the necessary alterations and
Improvements TO secure the desired end. Tha new
machinery is IN woIklug order, and the alterations
m the melting and refining department are nearly,
II not quite, completed. II any Of the Sua's "New
York merchants" doubt the increased capacities
Of our mint for coming Just let them come " dow,
with their Dust" and II ~ quite likely they will
discover some difference IN the distance between
New York ard London and New York and Phila-
debhia.
the Cadets of Temperance had fine day for
their IsTade-bluc skies above and muddy streets
beneath. The Turn out was quite large, and with
their banners. music, and mounted marshsls, MAKE
quite sensation through the entire line OF their
march. As lwrite, lcy have not reached Wash
ingon square, where they are 10 be dismissed, after
stme biief ceremonies.
The Fair Of the franklin Institute still attracts
large crowds, and It'll affords nevcrending theme
for the pens Of our industrious and talented report
ers OF the daily press. The exhibition deserves all
the praise that has been freely ayished on ~. Ii
cl,ses SATURDAY., after having been visited by at
leasi forty thousand persons
All the theatres are dong an excellent business
just now-the Walnut being crammed every evea-
ing Mrs Fanny keulble reads the "Meuy Wives
OF Windsor To morrow eyening-Ot course 10 an
overiluwng audience.
The induction ct a new sheriff into office. yes
terdsy, was celebrated by the rowdy gangs OF Mpya
mensing in a highly gpIfopria;e m inner. Several
places in that dthQhifl district were attacked by
the killers, and enc hOuse burgliuously catered
and robbed. Nor isthis all-abnul ten o'clock last
evening, a. lady and her family were returning
h ne ina iate, ~ thy were passing the runs
Of IN. late rot stone was hur AZ the d liver,
which, missing him, BIZ oie Of tn, young ladies'
above the foYehead. inilictinq horrible wound
Al the corner Il South and Sixth streets, at gu
early hour Tins morning, a man named JOIN
C'COnnoT was aulted bv gang 81 sillains, aHd
stabbed ia three places. lie was conveyed 10 fhc
hospiisl
No change In lour- limited ssles Tor export a. s..
wheat L. dull At 81 - ~ 81 for red aud Al 10 20
81 IL fer white Sales Of Feunsy lsvans rye At 61c.
A raj. Of COZ bushels yelos corn AZ tbc Southern
oats &c 10 ale, sccordtrg 10 quality The cotton
market 10 quiet snJ holders hrm csrgo ~ the new
crop Malaga Taiius has arrived Ut not landsi.
Nhiskey " dull
Move, ;. plenty today. In ths stock market. ~.
day TO have the ssc-ndancy and the
prices shade loser than those o. yesterday An
beged fho stock sales 81 tie F'sf Dod = 600 ".
y Len 81 90 ltl 1900 Lshish G's. cox; 90 DO.
Mort. Losn 50. WILMINGTON u u 9ig5, Oo0 lead
irg ". n nouts. 6 q ~ psbpsylvania Is II ,Sii4t u
0to Lhsity Us GO, 10, 40 Girsrd BauF, l1's.
Scsns Esa'd. Geo All, gbsny County O's $50; $40
stat, O.. lol, otO stsisbs SSls 10 peunssivsnia
X 30 - t,9 Ieh.h irterest, %. 800 do Ss 30 do
ssi 2Lshish, 22b
BATTiE between rHs HALF BEggDs AND Carr
TEwA iNpIANs.-A battle was fought, we learn,
& w Days since ~ pscaErmon Lick, about 12J
miles northeast cf this Ice, between family Of
hell breeds n8med lie Praire, aud the band of
Chippewes who aCknowi,dge Sbraua (sver) as
{ bisf Tie nunbtrot halt b, eeds was FIVE, t1ree
men ard two bo,s--ths strength II the Indians was
from ten 10 twelve. The parties were divided 5y
p smell sire M, one side Of winch is covered with
being on the timber fide had the advantage, bat
the Indians cartipued The Eght for about two or