The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-04-03

Preparations making for large issue of three
pieces from the mint at an early day by authority
from the Treasury department great part of the silver
bullion fund will be converted into these pieces and
after receiving sufficient supply for the various govern
ment Offices the balance will be exchanged for deposits
Of foreign silver coins buons and also American
gold silver coins fund is likewise provided for pro-
curing future supplies Of silver bullion for this coinage
that all the public demands may be promptly satisfied
To prevent undue accumulatons Of coins in single
hands discretion is allowed to decline selling than
$3.50 worth at time to applicant The least amount
to be sold is $50 worth Authority is also given to de-
liver the coins in distant cities at the cost Of the mint
for ira nsporaton is the in distributing the
copper coinage Notice will hereafter be given Of the
time at which applications for the coin will be re-
ceiyed
We understand from official source. that the
ter coming into the eastern section Of the Nor
ris Canal preparatory 70 its being opened for the
season. about wednesday next. Extensive improve
mcnts have been made upon this section by deepening
the canal demonstrating the inclined plains. rendering
them capacous and convenient the of
an aqueduct at Mead's Basin. at cost Of $1,000
$4,000 and various other important improvements cal
cated to enable the company to extend their operations
the ensuing very materially 1t is supposed By
them that they will be enabled to transport within that
period. 500 600 tons of coal TO tidewater.
The Corning and Blossburgh Railroad. which has for
several years, been almost unfit for t. about
being laid with the T rail The Corning company wish
to have the old track preserved require
rcshipment Of coal and other freight at Corning The
Pennsylvania company insist the broad guagc. and
an Offset to the obsti macy Of the Corning folks pro-
pose TO the road to Emira which II l. said be
done at very little addition Of expense. We have
doubt the interests Of the road viii be far the
served by making its terminus at Elmlra 1t said to
be but two three miles further from the place
Corning
One OF the cheapest railroad stocks selling IN the
Boston market IL that of the Northern Railroad Com
pany The whole road has 81 sooooo-it nothing
at all "a fact in railroad history and tot, cost
Is represented by stock with par Of 100 Last year it
earned 5s per cent and paid four per cent, without the
assistance Of that portion q the ogiensburgh
which Il cannot but receive from the Central road Its
last dividend paid December lst and thu Central
did connect with the oylru,ur-h until January the
truth Of this last j. obvious Thc Northern
connects the Central with the Concord The January
receipts show handsome gain Of - 800 over those OF
last January-its February receipt. quite up to
those Il last February ami it, March. April aul Nay
receipts cannot but be heavy. with the immense in
# the local trade Of the Central and the large
share which l. certain to obtain Of the spring business
q the ogdenburgh At any rate IL l. earning it,
three per cent in the worst half Of the year though in
accordance with the judcious system a management, 1T
viii not pay all Il earns. in the shape Of dividends.
Thee mi annual dividends Of the Boston banks paya-
lie Monday, the 7th Of April ISL IN the eg-
grcga,e ss5oTas gross aritsl Of s217eogo The
semi annual dividend paid In October Last. amounted
s7G7e The following banks have applied for in
q capital -Boyiston Bank $4,000 Cochtuste,
$4,000 Commerce, $4,000 Granite, $4,000; Gro
GERS $4,000 Eagle s250000 Shoe and Leather Deal
ers, $4,000 Traders, $4,000 Foneuil Hall, new
$4,000
The annexed statement, made out by the Auditor II
tbe State exhibits the amount q banking capital
ploycd in the Commonwealth a. Pennsylvanis anil the
amount a dividends and corporation stocks de-
rvab hcrcfrom for the several years therein degna
ell together with the ratio az said tax.