New-York daily tribune., 1865-11-14

ist Nationsll SI4lS2i 1857. 3ssol 2sseo si7,sIt
S:: S 1. a::a i s5ss + isss e \, s;;; 4;
CirculatiOn...... l9s23,2os Deposiis l7'i@"3
Legal Tcndrrs. 80 sl9 ISs
Cle.rir,s for N. ~e-t ending Nov. ll....s:s8 ~ e?
Clear for the week ending Nov; s go S;s sSs 90 -
Balance, for the week ending Nov ....... 7oloi6 %
Tie business of the Sub-Treasury was: Receipts,
&c. .47a.763 5l-for Customs 1881 0Oo Payments,
81, ,026, 502 42--on account of Loan, $4,000; Bal
ance $5s s,s25, ,59s7l.
The Chicago and Alton Road earned the first
week in November:
1851 &69, 565 ls65..... 9,ec2 lnc...s<''
The Detroit end Milwaukee Road earned the first
week in November:
1864 .... sec 233 lo1 Inc-..-.sl1sf
Tho Michigan Central Road earned the first week
in November;
ss4i7o ls65......slOi 100 Inc.."sl6' 6'l
The Michigan Southern earned the fret week in
November:
ls64. sol, ,os5 1905 slls ~ Inc. so si2
The Marietta and Cincinnati Railroad Company
earned during the first week in November:
I-6j ...... .s96. ,3J 20 l-6i.......- s2Gsi2 q
The Great Western Railway of Canada earned,
during the week ending Nov. 10;
ls65 49, cs 5a ls6i .5s Ol9 oGi Inc. $50 o3S 45i
The agricultural editor of JHs Ct@qgo Tr,buHe,
writing from Champaign, Illinois, sa!-:
THE corn is ready TO shacl, aud many farmers vii
begin TO-DAY. The puce rules low. while coal Is high.
and some OF the former will go stove Tor fuel
in place of the latter Railroad freirhts must take a
downward tendency, OF farm products win rrinan In
the country The Margin after taking ONT unnspr
non IL small to any great effort To heavy
shipments The low prices 81 farm products VIII soon
nuke q collapse ia labor AMI dry goods IL u possn'.
that the turning point tending 70 more hAed
| values.
The settlements with the guaranteed stock hold
ers of the Michigan Southern Road are reported to
reach 81 100000 No statement made of the
affairs Of this Company by It's treasurer in the an-
nual report distributed to the stockholders. That
!, document does not contain any financial statements
showing IT. net condition.
The following table shows the receipts and ship
mcDts Of hour and grain at Chicago from January
to November 4, for four years:
Flour bbls. I551 I'll 5000 l'ol9366 l.OiGsi2
Wheat bnshll, s19O2 e,sj7.a56 sIs2.5ii s.oo6 -
Cora bush 20 652 oO7 25,3Jga2 T. 5,3.i26 % 6el
Oats, bush... 3269i3 16ls46s IL. l5i.2o2 954o egl
Rye, bush. ssLg71 7ie0l9 as26G LOS 80
Barley. bush e67e57 s5le9s e72.t56 1867 s,2
Flour, bbls... lii3 Cs7 l,fl6U5 9il,s7 s54OO7
Wheat. bush /, eG4 6l6 esCaG1i 9s03Di Jgi5 562
Corn, bush. .2s 03i 32l - l9 so l+35e0 2i,3 RI
Oat-. bush. 2.65leH 7,l.s. I2s5o6e9 si12o5O
barley Bari bush. 2OI24 e2ao isy.l,s 253, 1884
A Telegram from san Francisco dated Nov. II
quotes stocks there as follows: Gould & Curry,
q go per foot; Potosi 1915 per FOOT Ophr, 800
per foot Crown Point, s5l5 per foot Yellow Jack
ct. 500 per foot; Belchcr, si!j per foot Central
No. /, $500 per foot; Imperial per Share), sI55;
California Steam Navigation Co., ~ per cent; Cai-
irorria State Telegraph Co., 80 per cent.
Tho subject Of restoring the currency is thus dis
cussed IN the last number of The Commercial
Chronicle:
"contraction i. inevitable, because recovery from
depreciation Of the currency is 20 be realized only by
correcting the redundancy which caused H. Df oar
legal tenders sufficient quantity must be withdrawn
and caDceled 10 make ts aggregate of the currency
VIA j. would be ON coin basis. This amount varies
az dferenf parts o. Tie year but varies within limits
which arc harrow and easily nscertained How much
the sgarega,e l. can only be learned by experience
III Ens AID The average amount OF current money ~
under S..NOT0rO; ~ France under 500 0GJ 90; and
in thus country hc required has been estimated
at e3o0 600 OD and could probably safely exceed
sl,D0sUD without depreciation. Any attempt to re.
suuc coin pey'nents until the amount of our floating
currency approaches tie normal limits. viii prove
mischief.
"Ihe second principle is that The needful contrac-
tOr " the currency nust be gradual, or II will fail
For instance II Is well known that during the months
Of Octpor and November The demand for currency in
the Interior of the country II larger than IN June and
July. prudent policy dictates that such variations IN
the demand for currency shall DO met by responsive
elasticity in the supply. Hence II happens that IN |
Summer large contraction Of the currency might be
made without oerangng business while half the |
amount OF contraction three months later might pro
ducc panic. II res In consequence of Mr. McCul. |
lochs delay 10 putting the late contraction loan the
market tst il objected 70 in many quarters. IL he
had offered i III July or August, might have been
closed up before Tho fg demand set In f0r currency
tie West Had the recent sJo.D00OD0 loan absorbed
sctye greenbnckh instead Of the inert compound notes
could scarcely have failed TO t.Oubc. IIdeed
IL has been conloctured. know not what grounds
that Of the advocates ~ nHation took pains 10
avail themselves OF cverg exIecient 20 delay the loan
III October in the hope that the artificial scarcity Of
currency produced might cause strngency excite pop
mar alarm and thu prevent Congress from acting Wig
,rou-ly Ia sop2ort Of the policy Of contraction"
N RI rfsC AryYurLY HkPOgTgD YOK Tar ~ Y. TRIBUNE
MONDAY, Nor. l3, ls6j.
ASIlRS-Ilo market Is iirm and fairy active at
J. 20 for Pots and 80 for Pearls
COTTON-1'bo business has boon fair. bat under tie
foreign vices prices have ruled hcavg and
lose somewhat nominal 81 ab0ut SOC. Tor Mddlings;
ales o. ]. 700 bales.
COFFEF-1bo demsnd rs moderate and prices heavy;
he stock OF Rio Il 38 31s bags. have only to
es of 10 bags Cos cruGent Java 10 arrive private
srma.
fLOUR AND MEAI-The market for Western and
tate Flour opened dun. bat under liberal offerings
much Of IT Contract FlOur) closed heavy 40 decline on
- Ia Ha lsNl nd an A