New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-12-12

As the surpuS income aud tunding are scduly ocreas
ing tho compounds counted as gaender reserve, there
ia little hope Of mach more bank expansion If Congress
keeps auks within the legal limit, so far as reserve Ia
concerned.
The quotations of exchange are: London 60 days. io9l
alO9l do, sight 100 100; Paris long, SIS: DO.
short 5l2I, Antwerp 5.lss a5.uI; Swiss, 5ISi@5l7i.
Hamburg 36!: Amsterdam, 4ls9Ii; Frankfort. ais
Bremen 79879t; Berlin. 72ia72I
Freights are active and frmer Tho engagements
10 Liverpool are 500 bales Compressed Cotton at ID 900
BUSH Peas at about ca 900 BUSH Wheat at SD 1908
bush. Corpat SD, 1000 bush Barley at Cd and pea
steamer 800 bales Cotton 3D. 10 Glasgow per steamer
q 900 bush Peas az 3d. and 1000 bush Barley at Cd A
Italian vessel was chartsEd Dublin with $4,000 bash
Barley at d. 3D.
The annual report Of tho Insurance Companies required
by law is causing considerable disturbances in smnsz
of the managers of several Companies, which viii Be-
obliged to add fresh money to make up their, capital
These institutions are too many cases, habors ofreugs
for officers at high Salaries alike unortunatedn managing
theproperyo of the stockholders their Commons.
ing with charging inadequate premiums, these are CD.
sorbed by large salaries 10 officials for very moderate SCR
vices aud the payment Of commissions TO brokers ADD
poicy-holders THE the small companies ere co.,
soldated into institutions Of reasonable capital and the
busnessayed the expense of numerous cxavsgant rsns
and salaries the better il will be for the stookhodes a.
well as the insured
The close Of navigation sas been improved BY railway
managers TO reduce eghts IS PER cent upon fourhcass
goods which, under the new tariff will be 80 cents 100
Is, all rail- from Chicago to Nev-York The Enc rosd
has not its usual accumulation of freight at the West this
year. nor have any roads enough do All suffering
heavy losses Of traffic, especially in passengers
The following are the receipts of the Grand Trunk Rail-
way for the week ending Dec. L.
leo. .s4l. 1891 1865. .I5l ei6 Dec. -.-sl323
7EFCGicqgo Times of Friday afternoon says;
The local money market continues tend toward increased
s gGs ss demand % for a purpose q
paying paper maturing at the East is very large and ther.
sent In place OF it. the shipments currency during the lass
Ave days having scarcely been less than s09 per diem and
while the produce instead OF going forward accommodating
here receivers arc Obliged make heavy advances which ore
daily absorbing "a immense S%o"5t Of capital which y n1.
strong ead daily Increasing but 50 far from indicating any re-
creased s.egnaon The banks are scrutlnirng all paPs
closely and unless parties press their claims they are very sps
to fail in procuring accommodations
The Butler Coal Company has declared dividend Of
per cent payable to Ncw-York stockholders at the Farm
ers Loan aud Trust Company, Dec. a.
The Boston Adrertiser noticing the wool trade ays;
ASincrcacd disposition the part OF manuacturers 70
chnso gives signs Of IA early improvement IN Pee nAasy %
per cent and is thought that with wool OF low prices
ma S DG inactive at 70 With d. however, mer feeling
dry goods both cottons and woocn the market nas beca
seg qu prefer 70 hold rather than sell at present.
prices In boots and there has been scarcely anything
doing In other lending articles the movement has been dn
aud without especial change IN prices
Tho Miohiga1southcrn Road earned the 6rss week In
December;
$50 $50 Decrease. sslt
The Chicago and North Railway earned for the
first week in December:
1866 si73l3s 50 tls65. 67s67 60 Increase 1924 81
The following Is Mr. Prices bill in full proposing TO
give bondholders the privilege Of exchanging registered
for coupon bonds Ii is before the Ways and Means
Committee
That from and amer the passage Of this act any holder Of
any bond Of the United States shall upon application
70 he Treasurer of the United States have the right 20 have
the exchanged for coupon bond Of Ike amount with
registered bond ssd for the purpose Of paying tho expense IN
CURED in making such eIenange t1e PaLy mahg inc s
States the fourth Of one per cent and no more
1t is announced that % banks in Wisconsin about
to close up their business. The Bank Controllers report
for December 1866 shows about $4,000 as outstanding
circulation owned by about 80 banks whichw be To-
deemed at par on presentation of tho same Forty banks
have exchanged their State stocks for United States STOCKS
The % banks above named will pay average offs cents
on the dollar outstanding circulation The hiGhess
paid BY any one is sOconts the dollar.
Tho Treasury on Saturday held gold to the amount OF
800 OOO OF which So $50 held gold ccrtif-
Gates Total outstanding: COS s9 $50; lCO 81 s6l 1905
The Boston exports for the week ending, December T.
including specie were $780, 49, against si9l,G5 for the
same week in 1865.
The following the rates of interest in tho European
cities London 4Iaii Pafis 392li Vienna, 5S5i; Ber
lin, 4l04; Frankfort, 3lS3l; Amsterdam, Sass Turn,
G.; BrussOls 392i Madrid, Z; Hamburg 4; ST. Petens-
burg 7el0 Advces from Frankfort mention that theirs
Is now more animation the BOuse and that tho greas
plethora of money in the market has brought the rate OK
discount down to less than per cent An opinion pre-
walls that no warke complications arc 10 DO apprchended
for the present and this draws ont the hitherto hoarded
supplies of COIN Large purchases OF American securities
have raised prices to point above those Of London or
New. York. so tat remanees of bonds come in from all
parts These bonds are of course the old issues Of 1862,
as it has been yauy tried thus far to introduce the new or
converted bonds OF 1865.
The Managing Committee of the London Stock Er-
change have directed regular official business to be dons
in United States 520s of 1864 and 1863 The differences
against these bonds and the old 520s Of 1862 has already
fallen to all per cent. English investment holders OF
the '62s exchanging for tho now
Exports cxclusve of specie from the port Of New
Yorkto Foreign ports for the week ending Dec. H. 1906
$3,l0l,n6.
The following statement of coal transported on the
Delaware and Hudson Canal for the week ending Deeem-
ber7, 1866: g.
PsnrsSIvsnja Goal 20 None e490s
Totalsun, ................... s26s5 1897 sos
For the same period last year: e.,
Delaware and Hudson Canal Con-. 233+O fo|9-
Pennsylvania Coal Co................~.' None 80
Total tuns ACKNOWLEDGEMENTS. $3.50 7H"'