The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-07-27
Annexed is the statement Of the New Orle
,anks for the week ending July Ill
Total 500 224 e,6o7 44s 1O,O72 $50 10 So $40
As compared with the statement Of the previous
week the results are "a follows

Inc New orleans courier OIL sunday NOR Mng
says
This the favorable exhibit that we have had Il
present for several months and 1t indicates entire
change In the bank movement of the city Specie at last
shows slight increase while tho deposit column has beer
largely augmented and the variation id long and short
loans represented only nominal addition TO last weeks
figures.
The money market grows easier but the change more
noticeable IN the banks than Of doors. Some o. the
former report marked falling of in the demand for dis
count eu. IN the latter the supply Of paper sim continues
IN excess Of the amount OF capital in the market Clear
a1os do bin, of iadng drafts 81 DO; gancs, 10
5l3% per dollar; sixty day bills the North, a
per cent discount sight, q y per cent premium.
We learn unofficially that the third week on the
Burlington and Quincy road gives $3s ,ooo-an.i in
of $4,000 over the same week Of last year.
The sales at the Mining Board to-day.were:-
$50 shs Copper Tails. IL. 500 chs Silver Hin beo IL
800 Columbia. boo 81 500 Guiiiori ....be9 3ss
500 North State. bio "a
The following isasynopsis from the Albany Sotes-
man ofthe complaint filed by the Attorney General
in the suit against the New York Central Railroad
Company for IS 100000 back tons. Il Il under
stood that the claim Wholesale party measure:-
l. The complaint rehearses the existence OF the Com.
pany, by virtue CT the act Of April 2, 1852 that it e
corporation subject 10 al the provisions Of the Of
1850 requiring any railroad rinnlng parallel to canal
to pay tolls TO the Canal Fund property Transported
over said road and tina, is composed of roads fofmng
continuous line parallel with the Z canal from the
Hudson river 10 lake Erie
Thatby the terms OF the original charters Of the
several roads forming the said line, the provisions
their charters might be altered amended st viii by the
Legislature Of the State.
That By the act q sfay Z 1874 several Of the com.
panes forming the Central Railroad required pay
tolls frcight transported.
4. That these companies accepted the provisions and
requirements &C their charters, aud compiled herew
that 90 the si day Of January 1s7, when the constu
on OF the state went .o effect they paying 10 the
canal fund tolls all freight transported that by the
provisions OF the sad constitution these tolls conscted
part OF the revenue Of the State canals.
9. That by the provisions or the constitution an the
Of the State canals pledged 20 the payment
OF tae SAY ase and 70 We compls'son o. tc enlafe
that at the time when The act OF 1861 into eject
pretending TO release tho several roads from the payment
OF tols the enlargement OF the Erie, Gcnesec Valley and
Black River canals had not been Completed nor had The
principal of tho State debt beer redeemed tha BIZ the
prov sops OF the Constitution the LEGISLATURE are pro
hibied from selling leasing or disposing Of sny Of The
canals OF the state.
That by the act Of May L. ls47 the several railroads
now constituting the Central Railroad were au;hsrze TO
carry freight upon paying 70 the canal fund the
rates Of ton which the sad freight would have paid had 4
been carried on the canal and that the tolls paid shoi
be deemed part OF the canal fund
J. That the tolls collected nom the railroads c,.or no
several provisions Of the acts referred to paI o.
the revenues Of the Slate canals.
That afterwards aud while the said tolls cor sttued
part OF the revenues Of the state and that tho ION
day Of Juy lsol the Legislature Of the state Of Now
York passed certain pretended act entitled act 10
abolish tolls railroads. whereby pretended and
attempted 70 DO enacted and provided that al re-
curing the payment OF State tolls by any railroad
pany for the transportation Of property acy raroad
were, after the Isl day OF December then next far
they coudicied with that act, thereby repealed.
g. Wherefore the compan rrays the Court 20 al 1ge
that the fad last mentioned pretended aad IN.
Constitutional and void, inasmuch the dis posed
Of the canals and their freight and manner
Inconsistent with the provisions Of the constitution.
10 And that the Central Company, notwithstanding
raid pretended act is oound in law pay 10 The canal
fund, as part Of the Of the state canals sh
same rates of toll for property transported thereon
the act ols5i had neyer been attempted % be enacted
The complaint farther alleges that the amount Of tolls
now due from the Central Company 10 the Stste exceeds
the sum Of I've millions Of DOLLARS and of course asss for
a Judgment TO that amount.
The venue is laid IN Orange comfy, and the company
have the usual time (~cny days. ir Which 70 make
answer.