New-York daily tribune., 1862-05-16

have been ventilated by the Independence Beige,

have been ventilated by the Independence Beige,
He says:
var Americs the comments growing OF Of the same
at home sud abroad have indnced many M
correct in saying that Imperial Capinst nas no' ~ y
chsnged il decons to the conduct franc ong 20
,be I,menabe struggle. Strict neutrality has from the
SSst been observed. Although Conms'ioner RON .ne
Sou,bern States long been IN Paris the rrencn %
ment communicates only with the representative SOU" "'
Tbompsons Reporter thus discusses the question OIL
Federal currency and Federal securities:
Tho Demand Treasury Notes which dated Aug TO- s1
no, faedable into stock eht rm sIe 81 ,be note
The Demand Treasury Notes which are dated Ha.Cn ma a.
1882 not receivable for su a' , Stock re-
d@mabe at the pleasure of the Government any time se
five T. feet gpesB on ns arc ndsbe st the pleasure
,tb holder al any limo the day they mature hto n
absolute 2year stock or II tho haaer eiec ne "a"
ag snJ sbou stock 1, called United States GO of i8sl
The stock which the Demand Notes dated saTGn n iv
rac1 arc fudshle amed by Mr. Secretary Chase tne onu
Sss,ss 2o e. The meaning that they have five years 10
aud they may run for some ndehAi'e 'ie "''
b demand Treasury Notes dated August 10 ls6f will con-
tinue to premium being the only noney, 49,,
that uabe az the Custom house; aud next fa OF " nv,
the on them will be about equal to the premium on
gold. whatever that may be. . ...L. nm THAR
mind wbs tho various classes OF Federal Securities are WORTH
hen paid for In cgs,eEder Treasury Note currency oi
We will eucidate by saying that the legaender money
FAR The ,ixes" being obtanable at par WIN tne
egerder cannot rise but brokerage ao''e ps
and accrued interest added .,, ,.r,v
wear y cent stock worth than cent st'cs tna'
iasy called in at ary time after i've ys's a,, III. ?.
yesrs they have to run p cent more intses than the
cent stock They then worth that cent more W hsn An
the sxes OF 1881 the privilege Of taking the money OF m
I.oute twenty year stock is certainly worth 'osinS 10
addition. .,.,,,, ard dem.ri., Of these Union
securities with rnsny of the best financial inei-css oil the
cou1ty and the following g the verde, Of jury p,
I.e.i,ender Treasury Notes being the stncAId TAT
T. 5-20C. exclusive Of earned iatere't.. 10 1iOt
u s. Is of 1861. exclusive OF earned interest n59i,.
we do nc, ask any oas 20 .c, upon these ba
'hs ask to refer to them in 1893 e. We nov esf 20 ,e
flores made this pslor the 18th OF April only one hohu
ago 10 relation to the June price for Union securities
The Domestic Goods market during the past year
has been enyeloped with doubt and uncertainty, and
prudent men have preserved a mastery inactivity
in all the departments Of business The great neces
sties of the Government relieved manufacturers fcr
a time but when supplied, the consumption of the
North and West, reduced by the practice OF the most
rigid economy, could not move of the surplus Stock
which accumulated even with a restricted produc-
ton. The export trade cut oa--the Southern trade
prohibiied-this surplus, though email, hung over
the market and produced the languor and inactivity
which we have 70 often recorded. Al this time,
however the progress of arms has in great meas-
ure settled the question which has g? long dsurbed
us aud we are 10 oen again our trade with the re-
bellous States Secretary Chase has Issued h proc
lsmatonth at Of the principal Southern ports are
TO be opened TO our own as well foreign commerce,
and quantities of goods will leave for the new uar
ke,s 1nis tr.de may not be large at Inst, and
never, within decade Of years, can 1t
be IA extensive as has been hitherto FOR the rebel
lion has depleted the country aud its resources, but
tie demand for articles of prime necessity will be
quite large as we can at present, with our restrict
ed production supply. This market, relieved OF It's
surplus will react, and manufacturers will find not
only reuuneraye prices for their goods on hand but
may also ndincreased employment for their Spindies
The question OF the price Of Cotton Is not considered
in this theory. We believe that the Cotton IN the
ports will be destroyed by the military or the rabble,
as at New Orleans, but the great majority OF tho
crop in the interior will seek market TO provide for
the necessares of life. This will not necessarily
make tie staple decline for all tho world wants cot
ton and the demand governs the price.
1t is stated that fifty English ships are lying off
New Orleans and Mobile, with orders for Cotton at
any price, awaiting the opening Of the ports. England
must have Cotton and the question OF price is not
regarded. Tho price Of Cotton in Liverpool as a
rule governs the market here for that market con-
trols nearly two-tbirds Of the crop.
The importations of Cottors, Woolens &C., dur
ing the last month show al increase over The COR
responding month last year, but tie aggregate i'm
portations since January have declined nearly 30
per cent. The importaons. as compared with those
Of 1860, are twenty millions of dollars less, being
more than 80 per cent decrease.
The expectations Of Domestic Cottons, since JAN
uary, have been small, reaching scarcely one half
million Of dolias against one and onehalf millions
last year.
We annex our usual summary Of exports Of domestic
goods for the week ending May l3, as follows;
Pkgs. Yslue.
To British Yves. Indies. l SO
To British West Indies DRY Goots). 1 N7