The New York herald., 1865-07-02

subscriptions to government loan ......... 447, 600
correspondent Of the Chicago Tribune writing from
Tennessee does not give much encouragement to
Northern merchants concerning trade with the South
Many Northerners will be sadly bitten by sending
goods into the interior OF the South Not that goods are
not needed but immediate and profitable returns cannot
be looked for in few instances. There Is far less
money In the South than was generally supposed, and
none OF the buried bags Of gold with which the ears
OF me multitude were wont to be tickled have come
TO light. The people generally very poor. Even
owners OF large plantations find "hard scratching 10
purchase the necessaries Of life. Last year literally
nothing raised for market, and the presence Of
both armies rid Of nearly whole supply of wheat
and corn. While the rebels In power traffic
within the federal lines utterly prohibited, and
fe of immensely. Such OF cotton could dis
pose of WAS smugged into Kentucky, where 1t was
snached up by greedy spectators at half Its value The
balance hidden away in swamps and caves to keep
u from the clutches Of the rebel authorities who hoped
70 seze and conscaic IT, This cotton is now being ra
pdy brought in and its condition cannot fail to give the
purchaser some faint idea Of the shifts TO which
put Tor the want OF baing stuff
New Orleans cotton circular of the oath reports-
mddlng, 33c. 34c mddling, 3Gc Heavy orders being
on the market the weeks sales reached bales
az prices showing an improvement. No freight room
ana anticipated receipts have restricted the demand to-
day. but, with little offering, prices well sustained.
Boston journal makes the following reference to the
Southern trade
II is said that several traders from Virginia in
TINS city, searching for their creditors One of these
in gold, with interest Another paid $4,000, and
others sums OF greater amounts all in gold In every
case the dealers contend that the debts contracted
upon specie basis and should be settled upon the same
New business relations with the South are becoming
quite common among our traders, and many old assoca
lions arc being renewed from day to day There is quite
brisk demand for clothing household furniture and a
ricultura implements from Virginia and North Carolina
The Louisville Journal of Tuesday remarks:-
Considerable activity prevails among the merchants,
who are doing good steady business to the city and
country trade, with fair orders from distant points, All
transactions now nre the cash principle; hence
risks are incurred and the profits consequently much
lessened thereby The prices here for all leading staple
articles are but fraction Eastern costsjust su
hcient to cover freight and charges
The Toledo Peoria and Warsaw Railroad earned dur
ing the year ending June l. 1885, s4s9 s74 80 against
$Sl2S9 o4 in 1864, an increase of $177,479 26 The
length Of the road from the State line to Peoria
hundred and eleven miles The total amount Of stock
and bonds issued is "a, 344 955.
The earnings Of the Maine Central Railroad for the
year have been s4S9 sos 02 expenses $27O 1903 o3
earnings, s2l9 POI 09beng increase Of net earnings
the previous year OF S2s s474 49, The company's
liabilities put down at $11S,24 20; assets,
$lO9, s95 TO-
The Commissioner of Internal Revenue has decided as
follows in relation the gold interest government
bonds:-
OPrICE OF INTERNAL REVENUE, I
WASHINGTON, June 20, 1865
sIR-Yons OF juno 49, 1855, In relation to income de-
rived from United States securities Is received reply
that gold received interest OF United States bonds
should be returned at its nominal value where such gold
s not disposed of but II disposed Of tho premium
should be returned also. Therefore II you still retain
this nteres gold you not required 10 rJturn the
premium. +. A. ROLLINS Deputy Commissioner.
ALEX. TAYLOR, ESQ, 70 Wall street, New York.
The imports at this port, other than dry goods and
specie, for the week ending June 20, valued at
s2,422,os2 The total imports compare as follows with
those Of the previous week
June "a. July
Dry goods. 81, $40, 500 1900, coo
General merchandise. 3,27s,H7 2,422,0 ,0S2