The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-04-22

To,., sqSi3 ll466o 332 ,023 % ,404 600
leaving total excess Of imports 400
AkilIogramme Of gold is aooof Ahogramme OF silver
s~ch course cannot fail to be stopped nationally be-
fore many months elapsed a. such rates. there wn be
has Seen asserted that the government was about
taking decision stop such efux, but as Il does not
saem 10 have cone any conclusion, II is not likely To
come now, but when there will be no use for Il.
The budget the year 1858, published in the Mo,ie,
Is considered rather favorable by capiisat all
more so than any other for the last five years The
cepts put down at. li3I ll5, lit
Expenditures i,|lo,ooo, iSVi
An increase of eighteen millions last year. II shows
balance of twenty Millions but the eipts said
70 be calculated at very low est mate Il confidently
anticipated to have overpus about fifty millions face
unforeseen calamities.
sum Of five millions Is for the first time put down for
the transatlantic steamers appropriation The decision of
the government as TO the companies favored with the
grant is consequently daily expected. II has been de-
ferred by tho rivalry between the seaports, each
claiming a line. 1t seems they going to have salts
faction and the service divided between them-Havre
having The New York line, Nantes the West Indies and
Mexico, and Bordeaux the Brazil line To do away at
the same time with the mail companies, they have been
invited 10 unite in single one. Whatever may be, fear
several years Will eapse before the execution Of
that scheme so long talked Of and postponed every year
for the twenty years. In the meantime the
ment of Vanderbh's new line between Hayre and New
York has been warmly greeted by the trade ,
In spite Of unfavorabe from the Bank Of England,
II is asserted the situation of the Bank Of France rapidly
Improving especially by people considering tho amount OF
bullion IN It's vaults as the. criterion OF prosperity u Is
said TO have increased by fifteen millions since last
turns and gold is coming in now by regular channels
the Board Of Directory has decided upon reducing from
tomorrow the premium paid for gold from six to four
cent. If true il will help the Bank Of England 10 I'LL
up s safe They talk also Of stopping entirely their pcr
chases the bullion reaches three hundred mI
hons; but that time does not seem near yet.
The Pedmontese Chambers discussing the repeal
Of the usury laws, and in so doing showing the lead
in the way Of liberal improvements. The eminent
minister, NJ dc Cavour pronounced on that occasion
remarkable speech to The fuuhty OF the existing
laws-thc only regulations of the real value of money
being the propositions between the actual capital and the
of the communicable offer and the demand He
denied the OF interest being the criterion Of coppar
alive wealth between civilized countries, and quoted the
United States where rates for money higher than any
where else, in spite of the incompatible wealth Of the
country because the industrial activity OF the Americans
finds employment for the capital and requires larg
amount The demand for il is consequently greater
than In other nation. Such reform has many adhe
rents here, but j. not likely to
Al the Bourse the rente has been very fat every day
showing slight but steady decline till the end Of the month";
the per cents closing that day ut 1850 Yesterday
the monthly settlement of the accelerated the fall
and the sudden advance in the rates of interest caused
general panic, and prices receded 10 .0-the AKA re-
naming rmer at 90 25 For May account sales made
at 1918 for the 3per cents revival II anticipated for
this MONTH but cannot be of much importance rs long
capital Is attracted by many enterprises offering
so tempting interest Industrial securities have followed
TIE OF The rest But railroad shares have continued
very buoyan capitalists and specaaiors, excited by pro
ect of analgamatoD between the companies and above
all by further increase in the receipts, have entered
largely into the mar et and given rise large advance.
been agreed the proportion of three shares of the
former To four Of the second The division of the grand
Central between them and Orleans is also positive fact
consequently they have more than other road arken
OF the advance so has the Northern, in view OF the
ccssions OF branch 20 Scissors At the annual meet
ing of the Orleans Shareholders Monday, the dividend
for 1856 has been declared S4, being If &C. the par
ratio and about ~. on the actual market price
The variations in the fortnight have been follows;