The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-01-08
The Bank for the week shows the following
changes rs counr,sl with the previOls return.-


2Oth-
The Bank statement for week shows the following
changes compared with the previous return
Decrease In short loans $3.50 921
Decs ease IN specie. 9Il.56O
pecIeafe ia c'reumton.. $500
Increase III dePeie. O3O 5O2
Increase in distant balances 1855
1utai laps, December Observation-Disclosures 90 151 l36
Total loans, necen be- H.. sos ,01o
Tie Fiat, meDt u quite Ms formidable expected.
Ii rounc h2ures the spce and deposit ne each show
inc Of million, and the ratio Of coin To every
liability 56M per cent, against 81 " percent week
we The exchange which almost available
CON- tho proportion is 81 per cent AMI including the
ri cuation OF the free bnks find the ratio to be 81
cents for every dollar o Indebtedness Beyond all this
there is portfolio OF twenty tour millions IN fall back
$1,000 '> - ' 0' :
The New Orleans Commercial Bulletin Of JAN
uary says:-
The year 1867 opened more favorabiy in a commercial
and fl arcai port ii view than even the most coura
R.oss would have ventures 10 predict only few weeks
before but the polit cal alarm indicates abatement
whatever, and, anything, locked more ominous than
formerly. The latest received from Europe has had
quite reassutug effect and indications every side
point to a return :, corhdei ce but capitalists stl APP
pear 10 he vey shy and the heavy obligations maturing
tomorrow evidently excite little apprehension.
strictly prime paper however, is III moderate request,
and choice mes be readily sold ut IN ak per
cent per mouth At bark there s marked change
ticeabe, aid the the discount line is prn-
cipaly confined ntwals though accommodation il
askod for, and there Is evident tendency TO
pene ri NOV. meDt. here is let up the influx o
fIsee, ana the current appears likely to continue for
me tine logger in our favor, but it Likely
70 y material Expansion Of loans, the banks still
asreod on pursuing very cautious policy Receipts
since Sunday conris" $3.50 000 In gold expeas from
New York, and S26,7l6 the by steamship from
Havana. stosls aud tonis reportel in better
quest but the movement still, shows no symptoms what
II activity Holders Of all classes have advanced
their figures here is no demand for time oils New
York &C., and rass Il tins class must still DO considered
nYina AIpfsl nflnlpG Qhu
figures.
The Roston Traveller Of Saturday evening re-
ports
Money matters steadily improving, and the rates
Of Interest tor loans and discounts fast settling
towards the OH fashioned figure of pr In the
street the lower grades OF paper are less freely offered
than OF late, and reaniy negotiated The specie
holding to-day WINS a. 1853 TOO, the increase bong 500
The returns Of CON Il om the mint will add largely this
amount At the stock beard there is increased rmness
both for dividend paying securities aud for those Of the
more prospective and fuctuating kind.
The inaugural message of Governor Blair, of
Michigan, announces that the public debt Of the
State is s2,?Ss,s42 49, In addition to this amount
it is indebted 10 the educational funds of the State
$l,ls3,5S9 9s, the amount having thus accumu-
lated rom s2.G,i42 "A on the LIST Of December
ls49. He recommends the levy of a permanent
annual tax. sufficient to pay the entire expenses
of the State government, and to make provision
for sinking furd, in accordance with the require.
ments Of the constitution, to commence "a soon as
practicable. The Auditor Generals report contains
calculation upon the basis of forty thousand dol.
lars year, with five per cent annual increase.
which would, al FIVE per cent compound interest.
pay the entire debt in twenty years. Tie Gov
ernor links that perhaps the amount fixed by the
constitution, $4,000, with an annual increase of
five I,r cent will be sri.cient for the purpose
I'll q mi rariiv has
raised, Principally By large appropriations to
State Institutions made by to last Legislature, 10
relieve which the Auditor General recommends
the issue Of stocks TO rect the interest on the ont
standing Indebtedness falling due in July. 1861.
aLd JaLuory, 1862, and some Other state indebted
ness, amounting III ail TO about $l50 900, and to
levy tax 70 meet the same. large part Of the
borucd debt viii become due IL January 1863
and immediate provision /. recomme ndod for the
reissue II those bonus.
The annual report OF the Cleveland and Pitts
burg Railroad shows gross earning a. follows
Total receipts Tor $TT3 0o3 SO
Totai receip,s for 1852 Observation-Disclosures. 200 ITO OF
iota. rooe,p-s ior s37 81
The increase cf last years earnings over those
of 1852 was about ~ per cent and over 1868,
y per cent The stssenent of earnings and ope-
rating expenses Tor $50 il as fsiiows:-
i.eceptS 'or 1850 oco e3T 80
Up at'ng Expenses S5t4pI 1.
~, earning. Observation-Disclosures. st5eIso 81
Steady progress hos been made IN The work Of
reducing the Indebtedness Of The company, 90 win
DC seer by he following figures
Indobc, uess rciuced IN 1885. ssI az
lndehiSdree reduced Va iS89........... ISL $50 "a
incebtedncss reduced W 1860. ....... 200 700 80
The G'aois Central Forwarded a5s, T95 bushels Of
Grain lat month, Of which about go 900 bushels
were nj out OF Cairo during De frs. three work
ing days this month. Twenty four huDdred and
stSty tons ~ grain and provision we're delivered
AZ Cairo AMI on the 4th, IA cArs were loaded on
TIC line, chiefly destined South.