The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-07-13


The stock market continues without any material
alteration. Prices very well maintained tut the
bears by means intimidsted and freely ss any
on the list short, any length Of time Every per
cent advap increases the activity Of the bears While
1t tbripgs into the street good deal Of stock that
would be held by outsiders at lower prices The pur-
ehasers principally brokers, who getting
stock than they carry but they have hopes that
they will find buyers ut higher prices when the fali
season opens. At the first board day
6s advanced Y Per cent; Reading Railroad. y:
Erie Railroad, u; Farmers Loan declined y per ssnt
There considerable activity In Erie bonds. Co.
vernments were wholly neglected. The banks do not
open tomorrow until after IL O'Clock, and the board
Of brokers do not meet at all.
The receipts at the once Of the Assistant Treasurer
Of this port to-day amounted s1os 31s So payp
sie2s So balance 81 sS4 81 1t is estimated that
the payments into the Custom House this month for
duties imports, will amount full three millions
Of dollars: and that for August the payments the
account will amount to full 1--WE millions Of dol
lars The importation for the fall trade will without
doubt, be immense, and VI. balance all good sound
State stocks floating round the market, viii be alb
sorbed In psymeUt for small portion OF our Imports
have Tor several seasons past paid for large guam
titles Of foreign merchandise in public stocks ana
the supply OF such securities foreigners will take
has become so much reduced that further remittances
70 any extent would In fate prices materially
The news from Europe, by the steamship Hbernis,
docs not amount to much, In q financial or commercial
point of view. There had been slight variation
In prices for principal staple exports. Quotations
for cotton had advanced while those for brsadstufs
had receded The markets not active, and there
were no indications OF any demand beyond the ordi-
nary wants Of the trade
The Secretary Of the Treasury has Just Sssued TO
Collectors and other officers q the customs circular
In relation TO the duties sugar and molasscs It
appears that the Supreme Court Of the United States
at ts last session decided in the cases OF Marriott
vs.. Bruno 81 al, and the United States We southmayd
at al, that in the estimate II duties charged under the
laws on importation Of sugar and molasses allowance
should be made for loss deficiency ~ on the
voyage Of importation the weight orqusnty arriving
In the United states consequently governing in the
assessment Of such duties; that the word. invoice
yaluen in the provso TO the sth section Of the act
OF Goth July, 1870, we're to be regarded as mean
ing invoice price" and that Il that price be hxed
too low in the foreign country which the articles
are exported, or lowur than " should be on the
quantity likely 60 be sRred and TO arrive here IL Is tho
duty Of the appraisers 70 raise the price and in COM
plianee with this decision orders have been issued
from the Treasury Department to levy duties only
upon the actual quantity arriving in the United
States
The Secretary 81 the Treasury says that complaints
have frequently been made 90 the Department. Of the
dhcultes experienced IN ascortaininr With accuracy
the market price Of foreign merchandise and OF
the great rregulnrlty existing In apprasements ana
In order 20 just, faithful and impartial ap-
praissl Of goods, wares and merchandise imported
into the United s,stes the annexed rule. and rexula
lions have been established - s
Arrrns.L oy Fotrfax Mrscu,Np,r
I. That the period OF tha expsrtatcn Of msroha,-
dice the time az which the value % price Of any
article IL 20 be fred by the appraisers
That in ordinary the II the bill ofisdio
nny be regarded 40 The period ~ sxrortatioup
That in ell important cnsos. the apprssrrs Will
prrfue The bdiCn'ed la 18th sction tf the
act o. aoh August 1914 Andth collector win preserve
the evidences ard papers is each such casa 70 be
usnImitted 20 Tie Department when called for
That In ali eases OF appeal from the decision Of
the appraisers the rVsult ~ such appeal with all the
papers connected Herewith and the visss II the col
In edistely
8. That in order that the Department may be In
formed ~ far es nay be 81 the appraised value Of the
principal articles imported and With view to secure
the grt stet practical Uniformity, monthly report
shan oeiorwtrded according to the form herewith,
That where merchandise shall Be- entered At ports
rbsre there are no appraisers appointed foreign
vsne i 10 be sscertRued o. The nngr before pre-
sefibsd BY The revetue ofcers TO whom Il committed
such catss
We have no doubt many Simcultie- win be .rps-
renced In the valuation Of all articlss notsthstsnd-
ing the effort. Of the Treasury Dspartnsst to
them srd 20 long Oh, al rsrc- system Of lsvying
duties on all articles exists long will fauds and
differentiation continue TO occur II specific dutee
were levied instead Of ed tsoren dutie, In many iu-
stances, we should no. hsar many complaints from
the merchants relative 10 valuation Of goods Thls
all the alteration the present tariff set reqaires