The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-11-22

um q a. ioe.soe 4 psyab,s /. ne d ts7fx$ York.
The remainder. tl.sseooo. p pavaS ona isr.
IndebledDsss e payable ssm-sasuaiIy 4 <he New
York bonds the time for payment y y. u !" nsv
ana me a o. % a. so 81 Suy tn.
proven ed the regular payment o. the Nov York ntA
~t The last coupons redeemed there wero those which
raid M and ncudiuT the dividend for January lses
New York bonds Including the funded interest amount
in the aggregate to 32ese.2Co The ANIMAL interest
this sum- at 1--WE per oenf slsf sl2 which makes the
semssnnusl rayment for the 1st Of Nav next e0S
OF The London s'sH oo bear at the the
funded added to the Ave per bonds makes
s7l2s0o. BY the same means the six per cent bonds
amount TO $770,560. This makes aggregate o.
81, asa, $50 the amount or the London debt Upon
this amount the annual interest exclusive OF the dr.
the amount be paid on the list OF July next II will
thus be that the aggregate OF ths Interest which
will be payable IN May and July, 1857 Is t1os.s
Nv an act OF your last session II provided that
the bonds which became due In 1888 and 1895, and
PAYABLE In New York, DO extended for period not ex-
c"eding twenty years. The necessary bonds for this
purpose have been duly prenared under the direction
OF the Commissioner and Trustee OF the State. The
Sa bonds are being rapidly taken uT and ssssn.on
don bonds were issued 10 1slo They we're TO run for
twenty years the State reserving the ght to extend
the State think that should avail ourselves OF the
right to extend the period for tho payment OF those
authorizing tho extension Of the period for their re-
demption, the Tins mot 70 exceed twonty years.
s ss q s s Pc e.
offered for sale In the money market. vet limited
number Of them has bean disposed a. While endeavor
Ing obtain supplies for the deetuts OF our State.
found opportunity for purchasing corn and rayng for
it in these bonds par In this way they we're used in
st. Louis IN the amount Of SAL 800 and IN Cairo 10 tho
amount Of - 500 For the transportation OF these sup
plies and others contributed nv relief associations ana
private individuals, the Memphis and Charleston Rail
road received bonds In ravmeut The amount raid 10
that road is $4,000 The Insane Hospital at Tuscaloosa
received $4,000 OF those bonds a. part OF the s2o 900
clad IN ha 0d-
vanced TO that institution This makes
aggregate or S53, 500 Of the bonds now drawing
interest, the scn,lannual dvif-nd upon which Ia TO
be maid In New York the LIST Of JANUARY next. We
shall have to derend thr sale OF these eight per
cent bonds for the OF the loan recently nego.
Iated In New York The amount Of that loan Including
the interest and commission will he s36a672 81. A.
sun'ng that tho bonds will he sold at par our public
debt will be increased to that amount Hence, the
bonded debt NJ the State may he thus recaptnafed:
Original bonded debt partly extended "a, 4t0 600 90
ak per cent bonds ................... es79oo 90
transportation Observation-Disclosures. $500 90
Hospital. ......................... 5000 90
Total present bonded debt. :. 1885, 400 90
To which add amount IT loan due Wins
low, Lan,er Co including interest and
COMMISSION ............. ........s...s. ooo,oiz ~
Total. .s4,SsO, os2 %
shorld the United States agree 70 accent
the per cent bonds for the real estate
tax, amount thereof would be added. 52o s3S 81
This would make the total bonded debt Of
From ali ins think the financial condition Of Ala
mrch public confidence az Ia enjoyed BY any State In tho
Union.
Tho following statement exhibits the business Of tho
Ptsburg Clearing House for the week closing Novcm-