New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-01-04

The funded debt Of Pennsylvania on The first day oil
December, 1860, was s37 $40 l25, which, with st2-
7o Of upfnded debt makes the entire public debt OF
Pennsylvania at this time s37 ,969sT, against s",
63S 96l at the beginning of the last fiscal yearshow-
ing reduction of s669 ia The direct reduction OF
public debt during the three years Of Gov. Packers
administration 81 81 800. The balance in the Treas
ury on the LIST of December, 1851 i33 an excess
of the balance at the beginning Of the fiscal year 1891
of slj3326 If to this sum ia added $l7l 664 paid on
account of claims growing ont Of the construction and
maintenance of the public improvements, we have an
aggregate of 1924 99 which, if added to the payments
on account of the public debt, makes dimnution OF
actual Indebtedness during the three years OF s323o
800. Beside the ordinary sources OF revenue, the
Commonwealth holds in the bonds OF the Pennsylvania
Railroad Company 81, 100000; of the Sunbury and
Erie Railroad Company s35O0,0oo, and OF the Wy
olning Canal Company $2sl OO0-making an aggregate
of $40, 93l 900, which, deducted from the public debt
reduces it TO about s27 100000 The interest on the
Sunbury arsl Erie bonds is unpaid
TIE Boston Traveller says
Eighty thousand and hundred dollars was the specie
gain day making The total holding 800 the commence
ment Of business The banks are etodmg the customers IN
cent TeY oT fund. are 20 .ltia tboi they become
drug market and after the arrivals Of gold from Eu
bai how to invest i safely and pro6,abyT
The exports Of Domestic Cottons from this port the
past year have been egbty-iye tbousand two hundred
and fifty packages lsj,2j0) valued at over s5OOO,00O
The expectations from Boston Will amount TO about
$4,000 packages and from all other ports 40 900 more,
making grand aggregate of nearly 10000 packages
of Domestic Cotons exported during the past year,
which finds no parallel in the arrivals of our export
trade. These shipments have given tone to the general
domestic market, and have prevented that ac-
emulation of stocks, which we have too often
witnesed. The China market has been closed against
goods for nearly siX months, owing TO the disturb
anecs Of the country. Nevertheless the new markets
oTencd TO us have required all surplus without any
curament of production and the general stocks at the
close ofthc year can be reported as moderate and not
excessive. The suspension from working long time
which the mills have generally adopted-togetber with
the enormous advance in tho price Of the raw material
within the las three weeks will probably sustain the
goods market beyond what was thought few weeks
since. Besides the recent news from China has given
new impulse 10 operators for that market and We hear
Of important transactions during the past week which
lead MS 10 suppose that that trade will be resumed
TIE trade Of the South viii be small for months 10
come and that of the West will not reach any respect
able volume until April That dizziness in the Dry
Goods market must prevail for some time 10 come,
seems inc, table and il viii require great irmness on
the rart of holders OF domestic goods to sustain the
market. II cotton as appears probable should con-
Time TO advance and goods should decline, our mills
must suspend operations entirely, except those Wmch
are engaged on export styles. Thus the imporatlons
of fabrics which come in direct competition with the
domestic manufacturers, have declined sl6Ooo,oVo
during the past year an amount one hundred cent
larger than entire expectation Of domcstics III 1917
This falling of Of mporiaons will be more apparent
a. the season advances il il notable iact that ali
the regular importers IA well the general Jobbing
trade. have ,ounlermanded their orden wherever 1t
wan possible to do So The entries for consumption
during lie last month 5000 900 less than the
same month las year, showing that trade IS pariy<ed
The importaiious Of Cotton and WOODEN goods during
the rasi year c worthy OF consideration, as affecting
tie interests OF our domestic Manufacturers well M
showing the progress which has been made in that de-
parncn Of industry.
Our onlirr importation OF foreign fabrics has fallen
OF u 200 900 ~ compared with the previous year.
More dian $40 600 coo OF this deficit is shown IN the
impoialiUns Of COLON goods - 600 900 in wooens ana
81 out the came value in fabrics denominated flax
while fle increased imporatons Of 'ks and miseela-
neous articles reduces the aggregated balance.
From the annual Crcular Of Messrs. Dun, Boyd &
Co we learn that the failures in the United States dur
ing 1900 amounted TO 1906 for the aggregate amount
Of g. so7 si5 sgaint for 1859, 1913 for So 9iOOo
In IsJs they were 9j1, for sg9I 10000. We annex
some oi the details: