The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-28

10 dealers and Golfers and they considered TO
remuneration to all parties concerned in mining
and transporting coal Tho orders for Lebgb coal va
told larger than thoy at this tune Last
All the indications Of an advance in prices
After the first Of May notes OF foreign banks be
passed in Delaware under the denomination OF live DOLLARS
under a penalty Of ten dollars
The inhabitants OF the two lower counties of Delaware
Kent and Sussex, moving earnestly in favor of ts
proposed Delaware railroad The number Of shares
qured to secure the charter organize the company
5000 of S25 each, or $250oO Up to Friday last 400
shares had been secured aud fooyn M say IL wa
confidently expected that the remaining shares would
be secured at Mforda meeting having been there
for that purpose The length Of the projected from
Dona the Delaware. to seaord, is a. miles with :.
branch to Milford Of miles making the total length ~
miles The highest estimated cost of this road il only
81 $50 per mile which would make tho cost Of the main
line 1911 600 and the branch S3 900 The charter
ed by the state Is very liberal In it, provisions and al
dtion thereto the State has granted donation of 0O
and subscription to its stock of 100000 payable out o.
fund which will be realized at the rate Of $1,000 per
anD,n The charter IL perpetual and exempts the pro-
perty Of the pany from taxation for fifty years In
additionto the local traffic ofhe road II is confidently
pectcd by the projectors that fair portion Of the traffic ana
travel between Philadelphia and Norfolk and points fur
ther south will seek this route a economic and
shorter This route would reduce the distance be-
tween the two principal points named to 25O miles viz:
from Philadelphia to Dona, by steamboat 10 mlea By
railroad to scafod % miles and steamboat Norfolk
1877 miles.
The annexed statement from the Of the Bank .
st Marys Georgia. will explain the and effect .
the temporary suspension Of that institution
To THE PUmro.-A very heavy and unprecedented run
upon the Bank of St Mays for the month past aggra-
waited and brought to a crisis by unnecessary and
probably vindctive publication in the Mobile Tribune
and copied in the Montgomery .9dtertisr without
ment OF the inability Of drawee to pay the banks draft
temporary suspension of specie payment Ii affords me-
however pleasure to the public that the nstitu
ton is abundantly solvent and requires only little time
to marshal her assets In addition her meaDs
will bring to her aid my ample fortune, until not
note shall he left in circulation
The means will be in few days provided to all her
dcpostors and the outstanding checks upon
points drawn will be honored alton These
to the public Of the entire sovency of tho ns
tuition not given for the purpose Of sustaining its
credit the bank will be wound up without delay and
her charter surrendered 10 the power that created IT, The
small notes fthc bank we'll my will be prompt
~ redeemed without ntermsson until the last dollar
shall have been retired will close my financial connec
ton with the public with honor should it be
cary to part with everything but its good opinion.
JOHN q. WINTER
The publication complained of the effect that
draft of the bank for large amount had been protested
in Mobile on the 10Th inst, for non payment
The subscriptions to the Sunbury and Erie Railroad
iaua fura .prtn hna,,