The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-30

securities. This viii neither he convenient aor con-
Portable; and il Is therefore probable that auy day
msy zee another tumble in the most deprecated
class Of railroad stockA Most Of the cpentions in
State stocks ore for permanent investment, and tho
purchasers are. as general thing not spectators.
The foatirg capital In the kards ofprudent, eau
tious men is settling down in State securities, lot
only on account Of the undoubseG safety but on &C
count Of the low prices ruling and tire productive
ness of the investment at the current market value
Very few first class railroad bonds are on the mar
ktt, and The second class command such reduced
rates that holders prefer waiting the return of bet
ter times before realizing.
AT the second beard tie market was very wel
sustained, with moderate amour. Of busioess. Ga
lena md Chicago closed at 60. per cezt buyer so
days. Harlem advanced Per cent New York
Central Railroad was per cent lower.
The Assistant Treasurer reports oday as fol-
~, Mc"s..... ..................s. ssfoo ~
loSs' UsRuoc.......... 90
OF the receipts, only 500 900 was from customs.
The stockholders Of the Bowery Bank have con
c'uded to wind up the affairs of that concern, and
the receiver, Mr. Bradford. will proceed with bis du
ties. We see by advertisement under the head Of
Financial that the stockholders and depositors
of the bank are to hold meeting on NJ ,n5sy,
November 2, at O'Clock p. N.
The coupons Of the Huron county (Obio) bonds
due on the LIT of November. viii be paid by Messrs
Carpenter & vermiye, No. A Wall street.
Albeit H. Nicolay will hold special sale Of stocks
and BONDS tomorrow (Friday) at half-past IL
o'clock, at the Merchants Exchange
bonds and stocks viii take place tomorrow, (Fnday)
at balfpest II O'Clock at the Merchants EXCHANGE.
We understand that The steamship Persia brought
over large amount of bills of exchange or rather
certificates OF deposit, accepted by the Bank of
England, the Bank Of Liverpool and other well
kncwn banking institutions fer the purpose Of buy
irg cotton ard bieadstuffs in this country. These
accepiapces can he more conecily called certificates
of deposit, being payable at sight, the money hay
irg been deposited in the different banks on the
other side to meet them, and they nearly as
well here for the purpose required so much gold.
These bills held in this market at 107 l6s per
cent rates considerably above those ruling for ordi
nary locg exchange. The amount Of these certia-
Gates is about 81 900 o0o and but for this nan
cial arrangement the Persia weuld have brought full
two million Of dollars IN gold.
Inc Steamship GfaDau0, At MIS- pO1t, from New
Orleans and Havana, brings 1856. s5s in specie.
Most Of this CON es from Havana The Star Of the
West, with the California remittance, viii not be
due before Saturday or Sunday.
The GoyeIncr Of Missouri is for further strong and
direct measures to secure the prompt payment OF
interest the public debt, and avors tie stoppage
of the issue TO the railways under psr. In addition
TO the present sinking and interest funds provided
by the last Legislature, he suggests that direct tax
be levied on the whole property Of the State, at
rate to render certain. beyond all contingency the
payment of interest. The present amount of bonds
issued is SIS $50 900, of hch 63s0OO0 is for the
Pacific Railroad already in operation from st Louis
10 Jefferson City, and Gaming gross about million
of dollars FER annum. In relation to the pay ent Of
interest the State debt Of Missouri the 81. Louis
Republican says
coYYspondent at New York. who writes 10 % sbous
the payment Of hs naeres. upon in Jssu.
psAt referred 10 The rnesge OF Gov Jaotson ~bich
published yesterday We bnow that the railroad
sniss are making Arrangements FOR the payment OF The
Interest dee BY the ~papes; bui this should
ros Re Sufficient sssuvsrce the veoommsndsaou Of Gov.
scbpowecssd sba'y OF ths Sase 70 nay the interest.
should be nsce0y ought 10 satisfy him - wen - In,
ee,sa bsn thai every dollar Of o. our Sts
vin he raid WIEN nh doe.
The Auditor OF the State of Missouri, IN his bicr.
NAL report 10 the Legislature last December, csIcu
ated the revenue for the two years ending with DC.
toter 1858, at 81 l9l 361 or $5a5 $50 year. This
estimate of expenditures was for q "just and eco
ncmical administration, $500 600 for the two years
or $3.50 O00 year. This would leave for the two
years q surplus Of s6ol 3Gi. The revenue for the
first Of the two years exceeds the estimate Of the
Auditor about $4,000 And il is probable that the
whole revenue for both years will considerably ex
coed his calculations for the two year, From this
surplus of s69l COO has TO be deducted quarter part
Of the whole revenue for the Of schools. Deduct
ing that quarter and there remains for tie two years
1888 52l, or per year sls65Go applicable to interest
on bonds. The revenues proper are derived from
taxes polls, on lands, ON lots, slaves, notes
and bonds, and en- personal property, and nom II
ccnscs on merchants and sundIy trades and occu.
patrons.
Ths ota amount Of the asesssd revenue In 1869,
TO this and licenses coecfcd T,cS
And we have total OF Ssh, H.
The assessment on land &C., shows the valua-
ton of the several items in 1856 to have been as
follows
Q-ansitg. Value.
PoIS................. III ,5.s $3.50
andu