The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-03-24


Balance. $50, 75i 400
The steamship Australas an for Liverpool, took out
to- day Sl4o,3 in specie.
Hudson county, New Jersey, is In the market for
loan Of forty thousand dollars at SIX per cent interest,"
payable in instalmen,s OF five thousand dollars each
commencing In the year 1884 and ending 1891. Pro
pcsas will be received at the County Collectors Of
fee, 10 Jersey City, until the 1sl day OF April for the
whole or any part OF the amount. The Loan Commits
sioners that the assessors valuation the
property Of Hudson county is over forty millions OF
dollars.
The interest on the mortgage bonds OF tho New York
and Now Haven Railroad Company duo April /, will be
paid aud after that date on OF the coupons
at the Bank OF the Republic in this city.
There appears be a determination the part o. the
coal and ansporatio companies OF Pennsylvania 10
increase tho price OF that necessary article or consump
ton during the prcsen. The Philadelphia papers,
In referring 10 this fact say that oil the companies
striving 70 lay IN unusually large supply and that by
midsummer overstocked market may be The means OF
reducing the price
The Treasurer OF the Reading Railroad Company gives
notice that tho transfer books OF the stock OF
tina, company viii be closed the 3ist instant 20 be
opened the 14th OF April next at which time stock
holders who have New York certificates requested
rclGp thcm 10 tho Farmers Loan and Trust Company
New York, who will give receipt for the same, and
furnish few days thereafter certificates from the
philadelphia Office In exchange for said receipts the
transfer once for the preferred stod will be closed per-
maneutiy on the 3ls, instant Thss for both the pre-
ferred and common stock in Boston III he permanently
closed on tue S1st inst.
The following decision covering the relative value OF
coin, gceDbacks and potatoes has been made by Judge
OF OF the United States courts in Nevada Territory
Its applicability 10 the section OF country in which
operate not disposed to question: but
Of opinion would suit the transactions Of bns
men in this quarter
AZ regards payments he madc 10 gold CON- in accord
with the terms Of the lease slall decide that
party contracting debts TO be paid in certain description
of property-whether be gold coin. silver bars. grain
potatoes any other nrt,ecan he compelled to pay
much currency as viii pressure such articles as are called
for by the terms OF the contract
Dbs total value OF the exports from Boston last yeek
wss ssl s3s. aeains. ssi5266 for the corresponding
week 1868 The imports were $i,osl III, against
S223 $40 last year.
Toe earnings cf the Milwaukee and Prairie du Chen
Railroad during the week ending March IA, compared
with the receipts Tor the time in 1893 fol-
lows
Week ending March II, lset............... ST. ,l3l
Game scek IL 1898 ACKNOWLEDGEMENTS. e,sse
increase. ......................... G,2a2
Since the lst OF January the road earned 1854 500
winch "a the receipts during the same
time 10 1899 OF SOC l0ts.
IL no~ before Congress may be found in the following
abstract Of the Rw--
The Ora, six sections are devoted 20 the classification
OF the duties OF the Comptroller and the manner OF or
ganiyiog the banks
Tho seventh section specifies that bank shall have
capital OF loss than 800 900, and that IN cities Of
900 inhabitants the minimum capital shall be 5000 600
Section eight defines the privileges and powers OF the
banks.
shall manage each bank each Of whom shall own ten
sha-es or more Of stock
by section twelve the SHARES Of stock TO be sIoo,
aud each shareholder Z made responsible Ind vidusy
for the Obligations Of tie banks TO tho exeb o. the
amouni stock held its par value In addition the
amount invested 10 such shares
section sixteen requires the deposit 81 bonds with the
treasurer OF United States TO the extent OF onethd
of the capital stock Of the association.
section twcny two prohibits the total Circulation OF III
The banks exceeding 100000 900.
section twenty three makes the notes Issued under tie
law receivable for all dues 10 the United States except ng
duties imports, and payable by the Usitcd states for
AL salaries, debts aud demands owing by the United
States. excepting interest on the public debt.
SECTION twenty sx refers 70 the transfer sud withdraw
~ bonds, prohibiting their reduction below sn excess
OF ten per cent aud above the amount OF notes Va
cfeols''cn and providing against reduction OF this
make, value Of tue bonds
section twenty eight defines Tor what purposes and to
Section twou,y nine limits he amount which any In.
ovioum urn OF association may be indebted TO
any bank, " one.'enth u It's capital stock.
Section tolriy makes rate " interest seven per
cent and coml es forfeiture o r entire iutores, when
seetiop thirty one, requires ust banks In 81, lou,s
Louisville Cincinnati, chicago, Scw orleans Seu fran.
cisco, Baltimore, Philadelphia Boston 400 New York
shall each keep reserve OF lawful money Il euty I've
per cent OF the aggregate smount Of boies II r,gia
TOO and Us deposits 0iher cities afs % keep Il N Ter
see.loa thft,Avo siovs eacb association H. .eec,
ssboct " the approval o. The Comptroller atsera ION
10 osst o. the cdes rarcd IN the pfecsdas sccteD, At
rhlth u will receive 10 notes AZ rar.
Esclil1 Ihrty lhs Grants TIC nt''ef y ,,ch ban,
y. sssaS saa,, 40" dN lt1gas 4 49, iel.a 80