The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-10-03

Debt bearing interest In lawful money. 260 O09 l20
Interest. 72,527645
Debt which interest has ceased. ...... $50 $40
Debt bearing interest. 1866 S91, 093
To.a amount outstanding ,44 947 I26
Total interest 1877 529,2l6
LEGAL TENDERS.
Legal tender notes In circulation, one and
two years per cent notes. .......... 80 954, $50
United States notes. old issues. ........... 392,070
United States notes. new Issues 427, 1858 400
Compound mi. notes, act OF March 1863 Is 600 600
Compound int notes, act Of June go 1864 202 OH l4l
Total ..... ............. s67s, l26, $40
As compared with the statement for August there
reduction Of the public debt Of nearly 600 and
Of interest over 100000, and also reduction Of
46Ol20 900 Of the legal tender notes in circulation
Amount in tho Treasury tcoin S32 7A0, .SS
Amount in the Treasury currency. 56.230 AL
Total SIS 977 20
Showing decrease Of nearly $l2 TOO, 600 of CON-
compared with the August statement and increase Of
4l3, I57 Of currency. The amount of fractional
rcncy is $2i4 7J4 an increase of $4,000.
There has been an increase OF the June 80 1864 Eve
twenty bonds OF S. 600 and of the July H. 1862
six per temporary loan of nearly 600 and OF
the march 1852, certificates Of non.ndebtedness
duction Of over 81, 100000. @'
IMPORTANT TREASURY CIRCULAR.
secsetary McCuloch has issued the following circu.
lar ass
TREASURY DEPARTMENT,
WASHINGTON, D. e., Sept 20, 1866.
OF an act Of Congress entitled Gan Act to provide
and 20 support the Government approved March
B. 1895 which provides among other things that any
Treasury notes. other obligations bearing interest," is
sued under any Of Congress- may Of
the secretary Of the Treasury, and with the consent Of
the holder be converted any description of bonds
authorized by said act notice Is hereby given to the
holders Of certificates Of Indebtedness which be-
fore the st day Of January next OF compound
notes. and Of one and two year treasury notes Of The
readiness OF this Department to give in exchange for
them 10 the extent Of any millions Of dollars six per
yearh Udo raDft rptufu
that 70 say hundred dollars OF bonds for each
hundred and three dollars in certificates and notes. pro-
vided the conversion made prior 70 the first day Of No
The ponds exchange for such certificates and
notes will bear an interest OF six per cent per annum,
payable annually in coin, upon the first days Of May
and November and will be redeemable at the pleasure OF
the government after tive years, and payable in twenty
years from the LIST day Of November, 1865.
The coupon and registered bonds issued under this pro-
posa vii be OF the denominations Of one hundred i've
hundred and one thousand dollars. Registered bonds
Of I'VE thousand and ten thousand dollars will be issued
u desired
Holders OF certificates compound interest Treasury
notes, who desire 70 make such conversons. will de-
liver them 70 the Treasurer the Assistant Trcasnrers or
any national depostary bank which may consent
transact the business without charge.
Interest will be allowed on certificates Of indebtedness
and one and two year Treasury notes matred maiur
ing prior the LIST OF November 1885, up date OF
maturity, and when maturing after the LIST Of November
interest viii be allowed 10 that day.
Upon the compound interest notes the interest will
computed 70 November 1865, upon the OF prn-
from the period next prior 20 that date.
The principal and interest Of such Treasury notes and
conversion: but when, afer deducng the principal of
the bonds and three per cent premium there remains
fractional part OF hundred dollars this fractional
part will be paid 10 the depositor
The Secretary reserves 10 hmselI the right ~ with
drawing this proposal at any time prior 10 said FIRST day
OF November provided atty millions of dollars shall,
prior 10 thai date be offered for conversion as aforcad
Circulars OF instr will be transmitted 10 the
Tous officers authorized TO receive certificates and notes.
In tgn al N nftnn he fRl
IL MoCuLLocH Secretary Of the Treasury
INTERNAL REvFSuE RECEIPTS
The receipts OF internal for the quarter ending
September 80 returned at sos TO AIS. This days
receipts foot to the enormous figure Of g. $50 SOC
INTERESTING TO INSURANCE COMPANIES.
The Commissioner Of Internal Revenue has decided
that Tin deducng the amount Of their taxable gross
ccipts for premiums and under section los
Of the act Of January 80 1884, companies
not allowed 70 deduct any amount paid by them for
insurance.
SENTIMENTS OF TIE PEOPLE or ALABAMA.
letter received At the General Post Once Department
day from OF the special agents OF the depart
ment, who writes under date OF September % from
Montgomery, Ala, has the following aluson to the
sentiments OF tho people Of that section:--
have talked freely with members Of the recent state
Convention and other prominent men upon State and
political Subjects and have taken pains TO ascertain tho
real sentiments Of the people and their leading aud in
HuentIa men az regards the iecings and purposes to-
ward the general government, aud satisfied that no
factions opposition need be approhended the policy Of
the government concerning the negro upon any other
OF the issues affecting the Southcrn restoration u Union
and peace They simply desire TO resume their old rea.
tons with the government and TO live quietly and ODE
denty under the old flag The radicals OF the rebellion
stand poor chance Of being elected 70 Congress- Tho
people generally manesng correct views upon these
subjects and candidy believe there is less bitterness
Of feeling now entertained in the South towards the
people Of the North than for many years preceding the
war;
POSTAL SERVICE IN THE SOUTHERN STATES
Postmaster General Dennison, during september, TO-
established postal service Fifty Of the most important
routes and rcopened four hundred and MY post offices
In the Southern States.
THE oUARTERmAsTER's DEPARTMENT.
The present method Of conducting quartcrmasters'
business has been undergoing considerable disc sson
among military onlcals, and q board Of competent
sacsm wiz probably p sSAysnsd sh0ruy v rUhe Ne