The New York herald., 1866-07-24

Gold has been dull The opening quotation was I5l
followed by advance of u, and a steady decline TO $50
at four o'clock The supply Of coin for delivery grad
ualy growing scarcer and 11eth per per diem In
favor OF the lender was generally paid for loans Tho
steamer Einburg took $40 go SPECIE in addition
10 the amount reported Saturday. 30 swelling the
tota, export last week from this port to s43eo ola
The gold room has adopted tho suboined resolution
which took effect TO day.
Resolved, That member OF this Exchange shall
directly or indirectly, transact business in gold publicly
the Exchange in the Fifth Avenue Hotel Any men,
Der violating this rule shall be suspended from the pr.
veges of the Exchange for thirty days THIS resolution
shall take effect on and after Monday. July "a '
The transactions in foreign exchange have been light
and the rate for bankers bills England sixty days.
ranged from 1857 10ok, according TO tho views Of
sellers
The third annual report OF the directors Of tho Old
Colony and Newport Railway just published states the
receipts for the ending May 81 1885, ST. 6a3
expenses ssol slo net earnings s4oa balance Of
income after paying January and July dividends,
e2o4 Sss In 1884, 2s,4e2c passengers were carried
one mile and eT2l. .263 tons Of merchandise the sane
distance In 1885, 33315 40 passengers ono mile, and
II, 32 2s2 tons Of merchandise
We are requested TO call attention to proposals. for
100000 new aqueduct stock. bids for which will be
opened at the Comptroller's o6nco Tomorrow This
stock will bear interest ut the rate OF six per cent per
annum, payable quarterly and the principal will be 70
doomed on the 1st day of August 1854 from tho sink.
ing fund
The tariff bill aow before Congress exci.cs general
indignation among tho commercial community By whom
IL is regarded as Q trick to accomplish what would BY
legitimate means bo impossible The fun extent OF tho
increased duties which levcs upon the ad vaiorcm list
can only DO understood by those practically familiar with
the cost Of freight packing brokerage export duties and
Qth CHI hrY, hur
include in tho dntabe value Of all imported merchan.
die. The tariff Ii already unnecessarily burdeusome
and II this hard measure passes viii be adding outrage
60 outrage. As II Affects the Western States than
any other section Of tho country these. through their
should at rise up In Congress-
emphatically protest against IT, II has been IN
troduced just prior TO tho adjournment, with view
20 its being rushed through both houses Of Congress
without examination, aud It's most important clause
80 worded TO oavc lis true import obscure should
it pass the President viii be doing good service 70 tho
country by vetong IL
The Finance bill. too. introduced by Mr Sherman, and
which has passed tho Senate an aroclous scheme 10
break faith with the public creditors without any neccs-
sity. real or apparent by compelling holders Of
scvcn-thiriy notes waive four months Of the option
they now possess OF converting them into bonds
II also proposes 10 pcrpeuatc Treasury gold obbng by
authorizing the Secretary 70 sell his surplus above fifty
millions and cancel the United States received
therefor notwithstanding existing act regulating the
cur,aIlmoni OF the currency. II contains other ncon
gruous and uncacdfor provisions about
less and damaging financial ever originated
In Congress II deserves condemnation and defeat and
should II pass both houses tho President viii do wc to
act upon 10 In tho manner advise him TO adopt 10.
wards the other infamous bill, both being equally dis
creditabe TO Csngrcsa
The postponement Of the further consideration OF Tho
Bankrupt b In the Senate to-day by laying the table
the motion to bring up Is in keeping with tho other
sots OF this oorupt Congress- which has sriven 70 make
itself powerful foe evil, while impotsnt for good
tiona measure Of high utility which aimost uni
VERBALLY desired throughout tho country has been
jcctcd While measures faught with nothing but disaster
the best interests OF tho nation been passed by
large majoritics IA national rcproach 20 q great
commercial nation like this that II should be without
general bankrupt law some day, however, we shall
have Congress that win pass