The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-06-01

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Wali street presented very gloomy appearance to-
day. Quotations for fancy stocks show decline, ana
the transactions were TO limited extent Al the frst
board United States skies 1867, fell OF a per cent:
Farmers Loan y; Morris Canal 4; Reading Railroad
~ Harlem, 81 Erie Bonds new advanced r. At the
tecond beard Eric Railroad declined per cent; Farm
ers' Loan, a Harlem. Erie Bonds new went up :.
per cent There were very few sales time and most
81 the purchases for delivery on previous con-
tracts But for this demand, the Probability ia that
there would have been greater depreciation Erie
Railroad has fallen OF four per cent within the past
week.
The bill establifhing branch mint in this eity and
one In San francisco passed the Senate to- DAY There
Is no doubt but that IL will pass the lower house The
bill was published In this friday mornings Herald
The monthly statement Of the Treasurer OF the
United States shows that there was TO his credit In
the mirts and other depostories the 27th Of Nay
nine millions four hundred and ssv.nty.iso thousand
dollars transfer Of half million has been ordered
from New York TO Philadelphia
j; has recently been decided by the Supreme Court
Of the United States, that sugar imported shall pay
duties according 90 the actual weight at the time 10
reaches the port Of entry, and not according to the
weight specified in Invoices The drainage or decrease
In weight Is equal 90 about ave per cent This decision
eompes the government pay over large sums 10 the
numerous claimants
Inc receipts NJ the ofce OF the Assistant Treasurer
Of this pert to-day amounted 70 sps $40 81 Payments
sl2So2 IS. Balance 80 s2e 632 IL
In relation to the income bonds about being Issued
BY the Erie Railroad Company, stated that the
amount offered for rae s35oo 600 whereas Il ap-
pears ~ the advertisement Of the company that the
amount the market for sale So soc oO0 tn. balance
looo COO have been disposed Of 10 contractors The
total issue, Il reported will be three and half mil
lions but IL Is opinion that IL will be nearer hvs
millions
The citizens Of Toronto have in contemplation plan
OF uniting Lakes Huron and Ontario by railroad A
line seventy miles in length would bring the produce
Of the West 900 miles tide water than by any
other route 10 would PASS through fertile country
and over an grade The old lottery plan has been
abandoned and On American company propose to con
sruct the road and put In operation In two years "
Toronto and the county Of simcoe will become securi-
~ for the payment Of $4,000 in twcnty-years There
no doubt but that such gements will BE- made
as Of the most cnterprisng In Toronto haze
the matter in hand.
The Delaware and aritan Canal and Camden andAm-
boy Railroad Company have declared extra dividend
payable In the bonds Of the company. like DIVIDEND
will be paid at the same time TO the Stockholders
the Phsdsphia nd Trenton Railroad for their intere
In the united company
The PROVISIONAL Government Of Canada hare an
nounced their intention repeal sundry acts In rela
tion 10 banks and to create general law, the pro-
visions Of which are assnilsted TO oursvir deposss
Of aprrovei securities upon which future issues OF
circulating notes can be made or sanctioned
II appears from the Connecticut Bank comms-