The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-05-29
Published, by M. Levett. Dentis..ea
MON Ely MARK EFT.

|
| TUESDAY, May 2s-6P.M.
The stock market a little more buoyant THE
morning prices concerned but the
actions limited, and most of them for cash. Co.
vernment and State stocks particularly inactive
to-day. With all the efforts made by the Spectators
for rise TO sustain and if possible, further initiate
prices most of the fsnces rule below the highest
points touched this and sellers at the top OF
the market have had many opportunities Of buying in
their stocks and pocketing the profits At the first
board to-day Erie Bonds new advanced ~ per cent,
Norwich and Worcester =; Reading Railroad, ~
Farmers Loan 1; United States 6's, 1867 u; Mohawk
| "a Hudson River Railroad fell of "a per cent, and
| Morris Canal, r.
The receipts at the Office or the Assistant Treasurer
of this port to-day amounted TO TO- payments,
S1Gos56 ST. balance, s363o177 10 These large pay
mepts in accordance with the law recently passed
by Congress Most OF the amount went into the hands
of the large bullion houses in the street. and will nd
its way into the vaults Of the banks and form the ba
sis Of greater expansion. We rapidly approach
ing such times the expansion and speculation OF
1885 and 1886 produced in 1887 We going through
the course, and in time doubtless shall arrive at
the result
We learn that the amount paid at the Assistant
Tressurers office, by Col snowden, the Treasurer OF
the Mint at Philadelphia this day, is 81 156456 Of,
which was paid on FOG separate deposites at the Mint
About Million it is said, paid in Philadelphia
The steamship Asia does not bring any important
commercial financial intelligence from the old
world Cotton and breadstufs have not experienced
any variation Of consequences in value, and the de-
mand continued the same previously reported. Po-
liticsly the is interesting and it Is possible thas
we may have by the next steamer something of ex
citing character from the continent.
The amount Of specie exported this port for the
week ending the 25th inst $3.50 COT total 1850,
thus far, 81 4o4 954.
.
Counterfeit hves on the Knickerbocker Bank Genoa,
New York, altered from ones-genuine fvcs have tho
portrait Of Gen. Taylor the right and threcs the
Chemusg Canal Bank-vignette Of the State
and three on each side and threes the right
end, are in circulation.
The Belvidcre and Delaware Railroad, running from
Trenton to Bslvidere is almost ready for the rails
The sales Of printing cloths at Providence, during
the past week, annexed -
COCO pieces, 4x4s 81 In, fair Az; $500 do 4sx52,
$500 do 62xts rs in. fair ~ 2css do s2x5s rs in
extra az 5000 do. 52xss, rs in, do, ~; 44oo do
short count 4TS 1900 do Goxs4 IS in extra S. 5Oos,
do, cixG4, % in, do, al 4oeo do, eoxos IS in, so
5A total, 30 geo pieces.
These is stated may be regarded as fair quotations
Of the market although there those who hold
their goods above thess pricsn
Senator Dickinson. from this State has introduced
very important bill in Congress relating to tho
rency 1t provides for the coinage Of two new neces.
sary coins, and win prove very eptsble the COM
munity at large. 1t referred to the Senate Com
mttee on Finance, and we hope It will receive imme-
date attention. Illustrations Of the new coins have
been made The cent Is about the size in diameter O.
dime, Of reddish color, with hole in the centre
The three cent piece Is little less than half dine
and Of white silver color The cent 10 designed rs a.
substitute for the present copper eoo aud contains
the proportion Of silver expressed In its legend. Tho
effect Of this infusion Of precious metal small as ~ Is
is to reduce greatly the bulk Of the coia Of that de-
nomination and to make IL much more convenient.
and portable. It's weight is IS grains, while that
Ct ths present cent is 1s3 The large round holo.
in the centre Of the piece is novel feature, and
has been introduced Tor the sake Of the following adj
van;agcs 1t extends the diameter Of the piece to
proper measurement. being the same as that Of the
dime. which is small could be desired for such
coin 1t affords distinctive mark by which the piece
may be recognised and safely paid out, by the
touch; it sords facility to retailers to put the pieces
up in parcels soy OF hundred or a thousand, by
s,ringipg them, putting them upright stake
hlc; and lastly the completely Of manufacture Will
throw imrediment in the way Of coun.erfeiting,
" that Is 20 be apprchended The three cent piece 10
alloy Ct threefourths silver and one.urth eepper
its wright 1875 grains its diameter just midway be.
tween the sold dollar and the half dime The bill pro-
sides that its devices shall Be- conspeuousiy rrant,
frtm those Of the Of her silver cons and conscqucnt
ly, we have rsdiated liberty esp on one side anl
wrath cncosing the Roman numerals III on the re-
verse II l. distinguished from the half dime by a
smooth bcrGer The weight fthc proposed three csns
piece IL 80 adjusted to enable the government CO.
make the exchange without los, 20 Itself aud there
wrbc none 20 the party applying. The bill provides
that the three cent piece sha h paid at the min
and its branches for those and other varttss@ o.
small silver coin among us but for no other
kinds Of coin or bullion The effect Of this provsio
any foresee.
The following was the condition Of the Danh Of tho
Valley In Virginia, the 1t of April last Capitsr
stock silGOooo circulation 81 ASSOC: du. 10 other
banks, $40 $50; deposits s3074s7 Note. discounted
81 %e 2is; inland bills discounted ssii $40; due from
other banks sSeS 9s2; notes Of Virginia banks sgas5:
notes Of ether banks s76,92i; specie. s3s2 sSl
The report Of the Bank Commissioners n co,nc,ti.
cut has just been made 20 the Legislature o. th.s
state The sggregste movement Of the banks ON the.
LIST Of April. 1850 was a annexed -
BASrs o. Covvrcric,r Arn,t 1870
a.. Liabilities Demand
:. ...... .fI.c53S sf 01f
~ - ~" N1i'hd. ......... 23ST.n3n o.
"''s W Sl".c' ............. 1ST SIS 81
o,. CIV OF 90. ................ $50 pi3 al
' ''""'ii'ies' - ss.s..s..... TG.ojJ O.
'''"' ''s'ss'ss .......... .Se.i566J5 C5
Resouress