New-York tribune., 1866-12-28

mtuo upon tno opening saes Anef the call the market
rallied sharply upon the entire list under heavy purchases
by the bears and from operators for an upward turn Al
the Second Board the market wAs strong Cumberland
Coal was 72 bid and offered, and Mariposs 81.
Pacific Mall i6i Late in the day prices were not sus-
tained and stocks IN demand at the following prices:
Cumberland f2 NewYork Central, 1891 0i0ai; Erie 67t
s67I; Reading IO;isiosi Michigan Southern. s.ts
s2 Cleveland aud Pittsburgh, StSali North
4iislD; Norlh-w Western Preferred, OisS0i Rock
Island 1884 1921; Fortwsync ie5i siO6i Mauposs al
At the Mining Board thereis 'movemont' Ayrcs Min
and Mining Co.. for which SIS is bid against IS the
22d. II is also stated that this is another Napoleon"
ard that II s dangerous 10 sell at any price, unless h
the stock in hand. IL is sso further stated that veJ
responsible houses caught largely Short and will b
severely p'uokod. l5
Money on call cannot be had under per cent ani
borrowers ready pay it. In commercial paper ittls
doing. Primo pass at per cent and large interest
can be made upon second bills usually quoted good
Later in the day money was reported In better supply ar
per cent on cali. o.. ... a.. .. .rf
Sterling bills are hardly 6rm. The quotations
London days lO9 iO94 sight, 1924 1881 Paris long.
5l6I s5l5j Short al3ii Antwerp, saoS5.l7ii swiss
520s5.HI; Hamburg 36li Amsterdam, All; Frankfort,
4li; Bremen, 79s7si; Berlin, 72i s72i.
In freighs the engagements to Liverpool 900 bor
Cheese at 2Os 500 bales Cotton at 7-320id and pss
steamer 1000 bales Cotton at s9l6d and 100 bags Cio
yor Seed at 3cs. To Glasgow per steamer. 500 bush
Corn 200 bush. Peas aud 900 bush. Barley at 2d.
Tho business of the Sub.TressuU vss: Receipts.
$3.50 422 9O-for Customs, $50 OoOj Payments, $685.
93I s9 Basuce sll0 29l, 1893 69GOld Notes, $i3O,O@
The following letter needs comment and should re-
eeive no attention from any person receiving IT Tbs
names OF the members Of this Merchants Unica
Law Company If published would probably bs fatal "
its influence and usefulness"
OFYcE OF THE MERCHANTS UNION Law CoxrAsr.)
AMERICAN EXCHANGE BANK BUILDING I
No. l25 BROADwAY NEW YORK, Dec q, 1886
DEAR SIR Several of the parties connected with the Mer
the National Banks interested oppose
pending Congress for the further eursimen q the cur
NewYork and for prohibiting them from receiving or paying
interest bank baanceS view Of the sSs
counsel have been retained at washington ana sSe
where arguments agninst each Oh %
measures and OF enlargement rather than conrao
ton Of the volume OF the eurrency and sueh oths.
have taken deemed proper TO inform
the wishes and interests OF whole community thess
subjects. .,.--,,-, -. 49, .-...r.,,,.s
tboehout the Union also been forwarded TO you and
after procuring tse signatures OF your most cltzen
your Congressional representative or TO some other member
Washington, with whom you are acquainted ,-, -
Much good may also arise from communicating your wishes
by letter TO your ecqusintances in Congress- =,
Sa1. psps s on og BY 81 the %o
eminent counsel iD tho country ayorng these views w d
T 1OS Of the efforts thus made and to b
In this direction you are respectfully solicited 70
roansr IN the matter as YOU shall deem popess OnOeA
of one mill each dollar Of your capta-ocng In ne pOPo
tjon each sooOoo Of such capita being anaeto9l o.
Course that you incur additional obligation whatever H 70
doing.
The Commissioners Of the Sinking Fnnd Of the State Of
Ohio report receipts and disbursements as follows for the
six months ending Nov. Is, 1866:
Total receipts 30
disbursements
Balance in the Treasury ......-........' sSjt,7ol
The Com missioner says:
In addition this balance the Treasury there was on 90
post in New York the 18th ut Tho sum Of ~ 80 70 Py
the principal Of the loans Of 1890 sId 1862 with me aeoruea "a
their certificates the State Agents In that city for redemp
ton The real balance Of the sinking fund therefore, wa
On the 18th of May 1866 the public funded debt Of 50.
Redeemed during the siI months e56ss
Outstanding Nov .sil'A47&
The annual report of the State Treasurer of Michigan
has been published The total receipts for tho fiscal year
ending November 3O 1866 were $ lOl go g. which, in
creased By si6S 4Ol 81 in tho treasury November 81 1865
make the total ayails Of the treasury $21V, 5S The
expenditures have been 81 1856 u, leaving balance IN
the treasury Of S5790O7 80 Under the head Of the War
Fund" the Treasurer reports the issue during the year o.
$40 bounty bonds Of which .lis0oo were chsnged
Iop .odiers bounty certificates the remaining $4,000
were purchased fcr sinking funds and educational trust
funds provided By % nsDssd Ss 'I s sas "a debt %
is of January isSi was s42 Since that time tie
following new loans have been issued
Two million lean Act OF March IL. 1861 Issued IA
liquidation OF adjusted bonds and I've million oo 49,,
War loan. Act Of May TO- is6i and March H. 1862 10000
War bounty loan. Act Of February lsSA..'..'' % %0SSx
War bounty loan Aot Of March loo5..--.-..-. Il3VW
ro.J .A-464,4o
Asa.s to tSs debt Of January 1851 would make the total
amoant o. 7 During the period however oond
to the amount Of o. 3I 81 been redeemed leaving ,hs
aggregate bOaded debt Of the state s3ssl %an
aimee January |, 1861, tl,59lUl6 ~.
Tho Rock Island and Psoifc Road earned the third
week in December:
s2,lq, lIse5...... Os77 Ine..-.-H,24I
Neil Brothers Co have reduced their estimate q the
Cotton crop of 1861. They say: - Ia - ,
We have moro than once recently referred to complaints CONF
ing the Atlantic States Of the crops having picked OUT
bay-not yielding well expected from the appearance o.
the crop in the field Thesc have continued and are
quite too general be ignored We notice indeed that hJ
au producing natural effect and that several OF those Hb
reduced their estimates Under the Circumstances may
conceded that IL Is not improbable that estimate pubhfa
in November may, regards the Atlantic States prove
have been rather high We nothing however alter ~
views yield from the great region tributary t0 e
Mississippi from Texas although free TO con
that figures generally considered too the southern
opinion being general as ever that tho total cp VIII hot
exceed 500 600 bales.
The following statement OF tho receipts exports and stock
q e!s 81 e port for the week soag ~ 9s s S 1sa
ls57S the total ofwhich crop amounted TO 3ll4W Daes
-RxokIrrl--s -rxPonr w.EE--
,w.., Sine: '' T. E,,I.i. S5r.' Franc. IS o.A r.r
,sss 81 f';, Sococ Ss'A 5000 5000 $500 5 400
Ss SsS SSS sSSS sssSSS sSSSS @ 1909 rSSS
T.o,.., 1E1r0rEs e "'0' Srss e -
britain SS Francs ohs,S; r. So,. s,css cs,
isSs-Ss isSs o. 11S %; SSS 5000 HOO 500 $1,000