New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-06-24

Clssnnp for week ending June f.... sos s2i ~ ~
Ciesrinss iog wses ending June H.. lo20a9bi 81
Bsisuees . weed sbdns Jane H.. l03ltt3l y
Balances for week srdins June 2i..,.' loSs1A' 70
Tie PottsyMe Miners Journ0i Of the 2lsl, speak
ing Of the Coal trade, saye:
The trade showss los for the wes ~ IT'S 6iS tun end
los. compared With last year to his pHiod OF oSo .an'
Two go the isrrssse over the previous years ship
nsent 20 same data. was 1884, o. tGns 49,
Tie los. will coninus for seveIa weeks yet bat VIII not
BE- : srest IL lie. BEEN for tire lsst two weeks.
Letter Information only cophn, ous Remarks made last week
a. to he time na w be required to np;I the dsI,s;
Lehish Canal will be repaired within for months rom the
Ths bos,nen we understand densnd 81 rs and = 80
h-gh New Yof This WI be increase in freight Of
% per tan to The bosmen nnd 80 cen per ton noeae
the former rates o. dsy-ree ton Of cos o'
canal whou sny increase of csns to because tho draw.
back OF 10 per allowed the Delaware and ka,iian
Genial sill no. be- allowed al these rates OF eisht tnons
AZ. making Induce the bostmen TO msse zip %. The old
rae order 70 fulfil heretofore made with the
Delaware and EsrtaD Csrs Company TO allow th diawosck
uu, the July after which oil parties will 10 at io.ry
future s.nssmen,', and past obligations vii De-
We Understand that all parties engaged In tbs trade dis
posed to fulfil existing contracts as far a. is IN their COVER
10 bo proiuised to tie ,s;i.ss,ion Of al parties.
III. Little schuykbl Railroad again open for the usual
passen and freight unric.
a.. schu,lki Csu.l ready the empty boat, com
uonsyd w ys.ieFdly snd navigation gill be resumed
Mondsy. fno, before
The following is from TIE Cincinnati GG.,lo
We Rad conversation to-day With Hr. Thomas Ons who
has resided 10 Memphis or several nths par'. from ~h'n
bushes. men With reference to the probable demand for
producs tie South, M Ons tho CO sumption vii.
s~ abe to buy circuit Money 4. scarce and cotton.
which planters had TO rely Tor means having been 90
cotsition II /. e.imsied that million 5. OF cotton
h.v. burned the present time nearly al Of which
a. OF consented TO tie de.uoti.n 10 few only
A.o the growing crop he ss Asan'as psn'er, are raj,
Ing the formerly cultivated
A. ilis ground from the increased attention given TO H. viii
produce per h'n in ordinary year, the State
~ thar.
sS.s etop vii not be 80 arg. or sugar sbou so hos..
head, remain in the hands Of Memphis merchants: Eseh
merchant sos,d 70 retsn only fifteen hoshesds The
.rpus into M.sd spp by tho military sous little
.osa wasted by careless. handling bas otherwise none
so0oo hOs,hssd' II VIII be sold pretty freely soon ..
the river 10 opened
We annex a sensible letter from Dir. John 1homp-
son on the subject Of the National expenses. We do
not quite agree with Mr.. Thompson in all his posi-
TONS but bis views are worthy Of attention as the
result Of long experience in the subject upon which
he writes:
Esw YoRK June 10. 1861
Hon WV PIT FE''sypKs Chairman Of tas Fi-ane' Com
siffee. q. A. S<Haf,
sH; with much oFirnce. and only H. fulhlment Of q
t nay views on ths subject Of soh issue OF paper money
no h.h,y .yproseh the question whs,hsr such additions.
sue Of Government money 10 ed In the &c,
before Congress- nec-..asy lot briefly state tho powers
Of tie Secretary Of the Treasury This power authority
m.y be exercised in = thrrs.fold manner
flt: Uncer tic a.. Of July H. 1851 he may make fur
Their issue Of about twenty million, Of 1J three
bouds OF per cent 'wentyye bouos Tue securities here
,ofore ued under ,h act bear handoHs premium in
the market Second Under the act Of March let lh62 Q
secretary issue unlimited snuunt " twelveuonth
certificates Of ndebtedne" these bear per cent
at cent the cheap oney market would sustain
Secretary may issue $500 10000 Of per cent stock ps
some = 90 900 or lO 90. 900 already taken.
from s resume Of whs, may this sciou OF the secre
md
evidens he has now ample If available powers 70 the
demlnd' on the Oovenn-n The question then
BY ins the residue Of the bond authorized By the act Of
july H. 1861 the Secretary cal retire 7o COCO II tho frs
retired issue equal amount of net Tecey for
dates This will give tim, IN addition to $1,000 900
ordinary currency which when thrown out viii stimulate an
se's funding Of the legal tender money into the per
$40 year bonds IL Is my rn conviction u at this simple
would throw Into these bonds smount equal
with tho customs to the disbursements OF the Treasury DAY
by day aud month after month provided scheae
proposed 20 as the people aud cause them TO val.
what uert Ia eonils
Now the effect of the passage Of another &C. emf
powern. snothef Issue Of paper money fox thing Ike
tnow Mr. Chase intends to ay. himself but moderately OF
the power conferred In the proposed except dpr certain
ccn geIcie of which rapid demand for
The ayes sond and 20 Ss p.rss @ 10. ., l.
twelve months certificates they fall due Ia regard tue
ht-,hs temporary depo'i'-th-y are much IKE saving.
bank deposits not liable TO DO disturbed long AZ The do.
Posi,or feel. safe bat Ao them quickly sensitive the
feeling Of insecurity Let the ides OF d.ngr-e her
OF le.' OF hs money Of being compelled py circumstances
20 Except IN payment greatly deprecated ouIcncyonce
draw his money and invcs Ia what he thin ss-a estate
merchandise local securities and gold la speot the
second the funding into the 10 boudthe OF sta
6iity aud hIednss OF purpose 10 e financial Of tho
Administration con.trsn to say that IN my opinion ts
time Las no. ys' sived for lair tss, OF toe paccaby Of
this operation Every tho part OF Seerrt.ry
throws back thu funding Fer few days previou. TO the p
Lug out OF some Of 40. in eIchlpso gold nd
Aft ard uh