Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1861-03-16

THE total amount of interest payable an
nually in New York, exclusive Of exchange
and brokers' commissioners, is $3.50; of the
$25, 500 teR-per.cent. bonds outstanding. Sc
600 were issued to the Committee on Ways
and Means to secure the payment of two bills
of exchange, and a note negotiated at the
Bank of Kentucky by said committee. in
conjunction with others, fer the benefit of
the city, amounting in the aggregate to
$500 81.
1.-THE interest due in New York on the Ist
of January last, amounting to 81, ITO, as well
as that due on the LIST of February, amount
ing TO 500, still remains unpaid. The above
statement shows an apparent increase of in
debtedness on that reported in my commune
cation one year ago, whenit was $1l2, 3Ss AZ,
but in the present statement is included
$4,000, above mentioned, which will probably
be redeemed in August next, and the present
debt reduced by that amount.
ut gives me pleasure to inform you that
the debt which has been so long hanging
over the Newport and CoVington Bridge
Company will be liquidated by the lst of
June next, when it ia confidently hoped that
the revenue from the bridge will be sufficient
TO pay the interest on the bonds issued for
its construction, amounting annually TO the
sum Of So. 420, and which has been a charge
upon the city treasury for nearly ten years
past. The total amount of the revenue col
lected for the year 1860, and applicable to
city purposes exclusively, was $lZ,S66 80.
Under the ordinance recently passed by the
City Council establishing the sinking fund,
all other resources, except from taxation, are
now cut off from the revenue.
THE estimated expenses of the city for
the current year-pay of Councilmen, city
Officers, support of poor, and prisoners, and
interest-will amount to about $1,000.
(1pn. thir1 of tho ravapTta darivaH c-.n, 49,
ton on real estate is appropriated to the
Sinking Fund, which is not included in the
foregoing estimate Of expenses, as the Com.
mlssloneIs of eaid Board are required to pro-
vide for the city debt as IL hecomes due,
II renew my recommendation to the
Council TO provide some suitable place for
the confinement of young persons (females)
charged with otfenses, separate and apart
from that set aside for ordinary prisoners.
81 respectfully urge upon the Council the
necessity of the %strictest economy in expen-
ditaTes, and that no Improvements of any
kind except those of the most absolute ne
ceseity be entered into until the floating debt
of the city, which is the present cause Of our
present difficulties, be removed. In conclu-
sion, I would say thst l am ready aud anx-
ious to rende any assistance within my
power for the Advancement of any measure
which Will tend to promote the interests of
our city and people"
TREASURER ACCOMMODATED the School
Board held their last meeting, Joseph A.
Piner, Esq, yves appointed to take charge of
the School Fund of the city of Newport dur
Jog the ensuing year.
INCREASE OF THE SMALB.Pox.-We have
heard it suggested that a public meeting of
citizens be called, to take some measures to
prevent the spread of the smallpox. 1t can
not be denied That the disease is terribly on
tha inoreasa