The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-04-15
FINANCIAL AND COMMERCIAL.

FINANCIAL AND COMMERCIAL.
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yupAy, Ayri l<-sP
me regular ana open sock bosros ana Che geld
having sssa closed N 70 very little business trans
sc,s1 IN wan s,rsss 70 day The usual group on such
oooaussas ssA hswsvss b =, Ne corn Of VII
ham and Exchange place whore quotations were
made bat osherwns the ncghborhood was compare
lively ds~srsd and the dispos ZION 70 keep Good Friday
- holiday among the brokers ~ least, was ysble
I'll sAsa
Colo opened At ISsk or AZ lower than The closing
price down town yesterday, under the effect Of the
order from the War Department suspendng drafting aud
recruiting and cart<iing expenditure From this
polns u rose After 10 l&sS, and during tho
rsss e Ne day hardly varied from l%A
Socks were arm, with upward tendency, Erie
closed ~ TON, New YORK Central lolh, Pittsburg
TAN. Fora Wayne an, Book Island sTk Michigan
osssAsn eex, nanss Central lis, Reading 100 losx
OsabssiAnA -, Quicksilver elk. Government secur,
NJ hghse, compared with the prices current ..
~ svsaAags ~ tewa board Coupon skies of lssl
woe esoasd - lex losk, coupon i've tweu,es look
. ~, ~ isss leex . loek ten forsies ss. a ssI
sss>ansa1o - a1sessAns~ - ssh TIE sdvicss BY
~ nasss spst has closed In London on
- - h1aa.s - s1k sSsk
~ prto q ~ n Now York up 70 Saturday. March
ssAS -; - via he Arrival o( the steamer VII Oh
~ hsss e. NJ following Wednesday, prior to which the
pses ~ ssucesd l6sx. . further iInprovemsst may
esse seksa paoa This shall learn BY the mex,
esenG MEANWHILE the London price 10 against the
- eerse@ There 10 no probability, however Of
material dsprcssioa eonsoQus.cs a. tn. return of any
considerable amount Of our securities would advance
sks gold premium by creating q demand for
sa,pmene and 'h. would tend rapidly to
soess toe difference between the quotations here and
abroad Moreover the money market pr, misses to con
eesy and the supply Of oanablc funds will be all
sAs greater In consequence of the indicated
BY the government in Its expenditures. AT the same
TINE It's dependence upon loans will be
oocco as TO make easy money market less ndispcns
sose than Is now; for . multitude OF de
iened Claims will come up for settl ment, and
90 far to counterbalance whatever rctrcn, Inn .nts
may be nj present. practicable in expenses
Nevertheless the national finances cannot fail
TO b benefited by those OF the War Depart
menS Tor they not only involve the prosp ct OF reduction
In current army disbursements they stop adding 10
sher amount by suspcnding recruiting and ting
Loans At call have been offered to-day IL. loS as
per cent but 6per cent Is the more comInon rate
There have been few transactions in foreign cxchangc
ct 1854 100 for London bills sixty days and IO9s.
lilo ~ short sight
The Commissioner OF Internal Revenue has written the
following warning 70 future Income taxpayers:-
TREASURY DEPARTMENT Orpics or ISrrxxALl
REvnSuE WA HISCIoS, April 10 1865
h-A nnd a large number Of cases of fraudulent
evasion Of the internal revenue arising In your MY
most OF which, after detection and posurc have the
solicitations Of the delinquent parties, compromised
90 such terms deemed IL eligible acccp consider
proper 70 Apprise you that propose, within u short
time, 70 change tho hitherto pursued and instead
OF settling with offenders deliberately Violated
The hw 70 send them TO the courts To receive the full
nsseure Of punishment prrcribed for their cnenc g.
Whne the system OF internal revenue AMI
many persons were ignorant ~ it, provson- IL Ia
my opinion, unwise to exact with nsor the peratr.
psuvded for violation Inv. much inolers "n ard
tore srsn ~ wete consistent With due regsrd 10
nj atsfvst Of the of seemed to be- the
obvious 70 10y VI the government.
wtthssI Therefore, IN an, Authorizing In part
Of me government Oder Il g-pruI,tomise vita drlin-
eusutA have been win2 to- iistca when pro.
posed BY then. and have generally accepted such ms
s,esned sunic ent IA protect Id. ant
proper example and warning to I!disposed persons
Fos Instant penalties To the amount OF ave nfeen
I'D sven twenty thousand dolarp. Ia addition all
tArse eod coets have been ad the withdrawal pro-
coedings and persons who would otLerws have been
ably ruined been permitted resume bus
ss with tho bsneat expenenre which h. hs, been
hsps1 vesd b valuable. Tn" which
- the adoption of this moderation, Il is
obvioaA, must cease opportunity has been
gvea 70 taxpayers ~ understand their under
sps No The authority 70 COMPROMISE was given pre-
game, 10 be exee sed not general rule, but only
der particular exigenc exceptional cases where mt
g.s.s circumstance appear Time has nov been Afforded
60 bound 10 return truly their Incomes, pro-
eacsa manufactures. sales &c, aud they viii have
1e>seas1 m making returns Deliberately and viir,liy
fase I'll applcatioas and oneu of copromise shall bo
roiected.
In yery srapyai>d Cases have refused In nccem apv
ter0A and shalstir do 30 hut In those Of that
ohsxacer propose TO pursue the same course ms hereto
fore 4 little while but only n little while longer ,Iinrs.
esherwise "a he'd shall begin with tho month or Nav
snsu1e 70 end on ndcr. for onepces bersf,er com,
us generally Ia the court, and 10 reou,e c,e,t,r.
70 prosecute the ces arising In tn ditrcts civiy
The frauds bsoush hi 20 our no AR. "a ro,.
sad many OF them surprising that know better
shcuu ina, by the eYpo~rs Of nubc tri, and by m,o
S,tteo OF the IN A psns.. ami Forfeiture p,,,d Al nv
Law Very re.pecti, IIy. ,our, ~
JOStfU LEWIS Com,isso,.r
ma Ixvr, Fac Ueyrnue Ar.n, y.r Yoy, 'i,-
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