The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-18


Total. $50
The total value Of merchandise and specie exported
from this port during the week ending May amounted
to 81 9s6, IT. which, added to the above makes the
eregae for the month thus far So 2l3 This is about
equal the mportations last week. It is surprising
how the importaticns hold out this year. and how lim
ted the exports continue. The outward movement Of
merchandise and specie has been unusually small far
value is concerned and the probability is there will be
nomporant increase for the present. except in specie We
have for sometime past looked for greater shipment Of
the precious metals but there indications of
immediate variation Of importance from the expectation
reported for weeks past
The property belonging the Proyidenc Iron Company
was disposed of at auction a few days since and was
purchased for $4,000. The Providence Journal says
"The original cost was about $3.50, 900. more I'M
fortunate enterprise has never been made in this CITY, If
perhaps we except the Providence Glass Company and
that although far exceeding this in the per centage of
loss was in the aggregate not near 80 large The Iron
Company originally started for the making of iron
wire, TO be used in the manufacture Of wood
Subsequently it went into the manufacture Of railroad
iron It contracted with the Providence and Worcester
Railroad to furnish the rails for that road at price
deemed at the time extremely advantageous but which
astrous tthen purchased patent for the acure
Of wrought nails and spikes by machines at high price.
The machines turned ont good and satisfactory article
but at cost far exceeding their value Incessant repairs
needed to keep them in running order The making
article at that time selling at prices wholly unremu-
nerative. the entire business abandoned and the
establishment has been closed for nearly three years"
The returns of the OF the real and per
sonal property in all but four counties of the State
Msryai exhibit aggregate Of s233 5o7 e6l
The Comptroller estimates the assessment in
the remaining four counties at......... 2e,50o 900
Total assessment $3.50, 597 90
Or in round numbers $780, 600 600 is the value Of the
taxable property In Maryland The amount OF the old
sessment is s1o2 57e tax the same at 25 cents on
the $780, s4s s53 o5 tax $500 oo at Is cents
under the proposed law will be $500 900 difference
in the receipts from taxation under the old and nov as
sessment, 1868 95 which is or will be the actual
amount of reduction Of direct taxes.
The aggregate values OF the different descriptions Of
property assessed in the city of baltimore follows
Value Of real estate $780, bank and other stocks
si1 21376 private securities S. $685. public securi
ties 81 85e stock in trade 50 SCI 10S household fur
nture s3,377 o47 live stock and carriages $437, 3l6
watches s1oO37o slaves $326,sl6 other property
So 54a 7ssgrand total s104 43s The aggregate of
assessable property in the city according to the
ment of 1885, was $50 The increase shown BY the
city assessment just computed is therefore, SIS 65
The Chicago De'norat of the 18th inst says
The proceeds of the Gale yesterday amounted 900
lota 1928, 900
to this we add the proceeds of the sale Of farming
lands and Of the lots in Joliet Lockpor Iasae &c. the
amount likely to exceed as to fall short of 81
The present debt Of the canal is only $500 600 and ak
months interest Had not acre of land been sold this
year there would have been money enough to have paid
that After this the proceeds Of the sale Of the
canal lands and also Of the tolls Of the canal are TO be
paid upou the back Interest o the canal bonds which