The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-01

Minnesota; $50 Georgia Cold. X *
The Cumberland Coal Company transported to market
last week. 625e of coal But for the detention In
the canals caused by large rock rolling into it, which
had to be blasted out the receipts would be much larger
The company calculated upon sending to market fifteen
hundred tons Of COAL for every working day in the
month Of June.
The Auditor of Illinois has furnished statements of the
condition of the banks Of that State on the Sd day Of
April, 1854. The whole number of banks in Illinois il
90 ten Of which located in Chicago Circulation of the
State g. The following is the statement of the
condition Of the banks in the aggregate,
BANKS OF nIxoB.-Stock deposited, $2475 All 3d.
banks on hand $3.50 AS debts others than loans or
Gn asaf
saas g.
capital stock paid f dsSs.
owing others than deposits 1894 o34 60 due deposit
tors lo2 25 circulation 81 2ss 62e co. profit and
loss account O0-totaI liabilities, So 40 $50 o.
The receipts of the Morris Canal Company during the
past two weeks amounted to SIS $780, against s1o517
for the corresponding period Last year, showing In
crease of 1878.
The earnings Of the Grand Trunk Railroad Of Canada
during the week ending Saturday May 49, amounted to
$16o58. Total receipts from January to May 49, 1854
$685., 675.
The bill authorizing the coinage OF Eve and ten eagle
gold has been up in the Senate for consideration
The bill provides for the coinage of hundred dollar
gold coins, weighing each $3.50 grains and fifty dollar
gold coins weighing each 300 grains to be Of the pre-
sent standard Of Hneness The principal points of the
bill are as follows
Section provides procuring necessary and APP
paratus for coinage and authorizes the President
termine the devices, notices. and figures
Section declares such coins q legal tender.
SECTION provides that the director Of the mint in the
regulations for the Assay Office IN New York shall place
hnl In hat oFH~ <,ao
footing as depositors Of gold in the mint at Philadelphia
and the branch mnts.
depositing gold or silver bullion foreign coins at the
New York Assay Office to receive the mint value Of the
metal deposited such bars to be stamped With the
weight, 6neness and mint value All laws authorizing
any other mode Of payment for deposits hereby
Section repeats all laws authorizing any foreign gold
OF silver coins pass current money, in payment
the average weight 6neness and mint value Of foreign
coins inn orted into the United States.
Section makes lawful for the Director Of the Mint
under the regulations prescribed tho Secretary the
Treasury TO provide for striking medals for States Ter
ritories societies and individuals. He shall also keep
collection Of all medals struck by the United States by
States, Territories &C. The expense of striking such
medals to be paid BY The parties for whom the shall
Section provides for the appointment Of an Assis
tart Director Of the Mint, at a salary Of q, 500.
salary of clerks in the Mint to 81 800 each.
Section 10 increases the salary of clerks in the Cali
Section IL provides that all appointments Of clerks
and assistants in the Offices Of the Assistant Treasurer
shall DO made, with the approval Of the President BY
such Assistant Treasurer Director superintendent &c.
respectively who have given bonds for the faithful per-
Sec IL makes all penal and other laws relating to the
United States coinage apply to coins authorized BY the
Section Is is in the following words That in adjust
ing the weights Of gold coins authorized by this asst the
following deyations from Standard weight shall not DO
exceeded in OF the single pieces namely in the ten
eagle piece and the five eagle piece half Of grain
when By K. eho cner to the .na
from the Treasurer to depostors the deviation from
standard weight shan not exceed seven pennyweight in
one thousand ten eagle pieces five pennyweights In
one thousand five eagle pieces.
The warrants entered the books at the Treasury
partmsnt, Washington, the 2sth Of May, were =
For the redemption Of stocks .21s4 100 70
Covered into the Treasury from Customs 4s72 IS
Covered into the Treasury from miscellaneous
For the Navy Department. .............. $500 IS
Por the Interior department. ............ 1887 90
The dry goods business is still continually declining in
vgor the spring being about over while there
mains considerable quantity of most commodities o.
peciay inferior fabrics upon the market which
endeavorng to sell best they can both in private
and through the auction BY neither OF these
means, however they apt to attain their object
cept at ruinousy low rates which weak factors dread
take though unfortunately for themselves these have
the main miserable supplies hand for which they
only find customers by ''boldly facing the music
and letting of their stocks on buyers terms. =
talking with friend about this class Of dry goods dealers
| embarrassments we obtained additional knowl-
edge Of their causenamey the deplorable credit sys
v which manufacturers, who strive for the repu
tation Of extensive than skilful producers use with
such force as to entrap tho unwary operators whose
lick Of individual capital would bat for the temptation
to which they Subjected in offers of supplies of goods
on time ana such securities they provide,
themselves from destruction and the trade at large
from serious injury. We have always and earnestly adj
the abandonment and discoun Of this old
but not vicious system Of giving credthence, we
need not epare upon this point at present 1t win be
sufficient for ma 20 give opinion, that II our
mos. ,esnoo,,,, 81 a, auental manufacturers and mer.
chants would but oo oppose '''s a'0 az
nicions practice, they would not ~! WV
diyidunIly, but the public generally. .-.,
Brown and bleachcd sheetings and sh. - A..
tive ard langud, the poorest styles being, o. IN
most depressed. Leading makes Of denims
saloable and firm. Good styles of duck find :"
purchasers at unchanged quotations. Ginghams and
lawns quiet though pretty siy held Osnaburgs are
in good supply and heavy in price, though being rather
sought after Printing cloths fair request Al
steady rates. Prints without variation Stripes and
ticks sell slowly At old figures We suboin comparative
statement Of the exports hence OF cotton goods during
1853 1854. Decrease, Increase.
January. .pkcs. ls25 goo 5a5