The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-27


The Mechanics Banking Association has declared .
semtanAuA dividend of four per cont; the Amsrisau
Exchange Bank semi-snnuAl dividend Of five per cent
The Assistant Treasurer reports, to-day, a. follows:
1aia On Treasury account ............. $so ds Is
Bsisass ................ s,Hisis s.
faid fog Assay Office. ACKNOWLEDGEMENT. 2,76s rs
sssn Ss srssit s go =
Tho warrants entered 1t the Treasury Department,
Wsshington, on the 24sh inst, were a. follows
For the redemption Of stocks. l19 L.
Tor the Treasury Department 81 100 Is
ns .n.saior DepA yo o.
war warrants received and entered ~ 's6s Il
War repay warrants received and entered 1853 IA
from miscsii.nsous sources 4S77 q
On account OF the Navy. 5000 90
Repay on account of the Navy 1888 IS
We are Ii formed that Mr. VIM. H. Dwight Williams
who was some days since elected cashier Of Grocers
Bank, has dec ined the appointment.
The anthracite coal trade by all the vAri GUS lines L.
in full action. The Lshigh Navigation Company has
made its first report of shipments Up to Saturday asst
the 10th instant its entire coal tonnage 1887 TONS
against Is 494 tons to the end Of corresponding
year. The navigation three weeks later closed
by loo This year tn las The Schuyki Navigation Com
pany transported for the week ending Thursday last
ITO tons Of COAL making for tho season go 100 tons
against 16S 478 tons 20 tine last year TIE Read
ing Railroad Company brought down for the week. 1882
liz
tons to the fame time last year.
The Phi,adsl phia Ledger of the 26th inst, Says
The public viii regret TO learn that the several coal
companies connecting this city with the mines
working a. hasmonousy q for the last year two in
the matter OF tolls. Some little dissatisfaction was ex.
pressed among interested parties at price by the
Lehgh Navigation Co. for Tho price of Lehigh c,ai It
was alleged TO be 70 cents per low would Aot
allow tie company carrying from The SchuylkA region
10 DA2AR the rrces then charged by that per
ira Il ia further alleged that while the Reading Rail
gH Nu q a
per ton egrsesby unders anding with the Sohuy
Ail Navigation Company II virtually uncerworks that
allowed to trsnsporters. Thus the old war Of the Kill
kenny cats, long perss &c in by these companies,
again threatened. We incline 20 believe, however, that
he manifest interest Of tLe parties will IND concession
nc atict all round if not already effected. Az
bet opening of the canal sold a the coal that it
could brsng ma ket consequently y, IL could not inter-
be in the way OF be other Companies Tbs rates
en- residue Of the aecetsry supply wee q mater
VII lis between themselves and tue fsnns lvaoia Coal
Company OF New York, which like the Lengn NavlgA-
zion Company We mas redu ,ed the pses Of
ia coal. The published list Of RACES by the Schuylk
Navigation caIpsny - 10 cents per ton Dsio- Ia, o.
allowed b. the Reading ia said TO be CT equal amoaa!
The following is record o, the business OF the United
states B.snch Mint at New Orleans, for March
CalfoIna gold ..............$4Z ,sos o. -. =.
Gold o. or sources ,1e0 25-$A 600 90
silver parted frt N California golo 1852 81
from other sources. 20, IA i4-2oo 5SI %
Total god ard silver deposits. $500, 696 a
SILVER COINAGE
leo 90 hall dollars. $4,000
Tie legislature CT Pennsylvania adjourned the 2sd
Inst Upwards of forty bank bills had been reported AID
only six or eight of them obtained the sanction of both
house-a proviso beng inserted in each requiring them
20 psy the State bonus Of per cont their CAPT
tai Twenty railroad bills passed fifteen bills, orr
gnai and supplement- al Incorporating Insurance compA
MES, ana about twenty Incorporating cal companies
geretsy OF the most gigantic character aud under the
most favorable auspices The bill to restore to the Erie
and Northeast Rsicas Cempsny their frsnchises and
powers claimed to be forfeited to the Conmon wealth by
the of 1866 has been signed by the Governor The
Senate also ccucurred in the amendment of the House.
giving to the SunbuIy and Erie Railroad Company equal
sges with ary other road vhish sha may
acct with the Erie and Northeast Railroad
Tia Lor don Ne, of date contains the follow
ing OF the Credit Mobisr societies Of the cor
tinent Of Euro pei
extssodiaary, AID is principles extensively adopt
3D. that s'nias institution would douo less be highly
popular among ain class in England; but Without
very o, the statutes Of its proto
typos should ourselves be disposed to look upsn its
IN rsaas rin ,ss,s. and saspleon The osssnsioe
neot IF The dusiral OF that country by gs
sherfng into one focus, and directing BY mind
were, he operations Of many small capitals which
quired collectively fnsncAi importance infinitely
greater than they could possess in their dsssmns
commercial Industry but ali the State financial
emergenciesto facilitate the monetary transactions Of
the railway coppsnissto diminish the high rate
forest charged in the Bourre for stocks and
sharesand by gradually absorb Nc largo proportion Of
the various shares and obligations al TO render tns
asctua,icns OF prices less PROBABLE and less violent
To q Ain extent this oGrAmme has been carried
OUT various public coI anes have 81 her been formed
or consolidated and Ger ain railway boards have been
ablsd TO issue their obligations under favorable
,ntf vvirh bsue6 aag
very serious character have arisen
In carry out the views Of the managers Of the
COMPANY Bourse operations have bsen undertaken
constant excitsmsnt has b.en maintained in order to
obtain market for shares in new under akngs, and
supp0t the quotations o. securities held BY the Credit
Nobfier Speculation has been fostered by rendering
kans on stock and shares easy Of Attainment,
tinus nn.,a,;ons for the rise. instead Of thro wing
thsr securities the marks The moral grgrene
which to have Injected al classes IN Paris has or
tended TO the provinces and the tendency 10 seek for
sudden wealth BY gambling on the Bourse, rather
than wait the results OF the sio~era but certsa
throughout France. These Credit Mobiisr com panss
however, play ~ 1t were WITH loaded Dice Their
hands, and the amount shares h.y hold sther a. in
vsstmsnts security FOR loans, enabls them to
or ssPI.s nr,ss. sl%;st =, At VIM .ns y employing
many OF the ooalssss>yS unau .horf2ed dealers
shares they have the means Of giving an appearance Of
sctiviy to the sacoss In ary wcucity Whenever it
nav BE- thovsht advantageous 70 do the natural
sul folio ~s-ihe big fishes devour the little onesths
reAp2e greAl
.rs;r,s!rsvsby ruined The sh ares OF shs C.e3t Mo-
bfisy q Francs have risen from 5oot 10 6OsG and the
prots snnoupcsd a. he minimum for 1855 are equal TO
sbout 90 per cent on The capital Such result can
not have been obtained xthous entering upon specua
tons on . coossal scale, although eonsidsraos prods
~--.t undoubtedly have been secured 10 o,hT ways.
snSs svaliable for their operations are mot only
H. srisipx from tbs p.dup c.psa but are srge In
cressed ty deposits and IL is stated that tns nu
SoEsrs employed By the company we're gwen 10 pnder
800 sretty c. arIy that they were expected 70 open &C
s~.nta oarrsnt and that their conHssions would o.
nt of
1870 TSsse deposits bear interest which ~ oeloW
49, mar can't while the rate obtained by continuing
stoeks and shares 10 the B)urse rem se'uns 40,
~-t ,.,fes from twelve 10 twenty per CO sno eYeh
- ,hat from this source alone considerable pro