New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-12-08
ss a2a 6O-for Customs .asO,cOoi Payments sa7SS 10;


| Balance sIO6II5l4 96-aold Notes, $Z2 900.
The following statement shows the specie movement at
Eew.York since JAN L. Imports s. 225936i from Cali
orna $ 3OY 2O9; Receipts since January $l6j33 l45
Exports So l56 1885, Loss since January l. loC6, $2,-
| 49, S5.
Trustworthy advices from Washington state that Con
gress is not dssed to initiate the currency much further
IN the form OF bank circulation In view Of the steady
duction of legal tenders II is Justly regarded az danger
ous step 10 increase the volume Of currency to be redeemed
10 grosnbacks II apparent in Washington "a in all tho
commercial cities that tho National banks are now, az
whole barely able 20 keep the reserve of lawful money
upon the existing liabilities. OEc popriety of withdrawal
of the legal tendoS By cancellation or conversion into
goldbearing debt there be question They were
desperate remedy for dangerouSdsease and cannot be
too taken out Of circulation Controller Hurburd IN
| his rcpor.yery justly remarks that
United Staes notes gnacd In necessities Of the Gov
In the necessities OF trace and commerce Their
wac regulated not 3 the necessities 0S q ss
only limited by reaching the maximum oil expendhure during
the time Tho amount issued entirely arbitrary
far Of the country concerned and
altogether in Of the demands OF trade ne oy
the surplus Of money subject to Of spectators This
.cunency cOnn expnd from natural causes IL
wns issued TO the country from bankruptcy during pro
traoted struggle with armed rebellion andcan only DO con
tracted by legal enactment OF Congress There no element
es Of the country The power Of issuing notes to
money dangerous 10 be placed at the mercy Of political
parties in Government like ours and Is augh with possO
ties OF corruption and disaster calculated to excite the ga
apprehension IN The minds o. prudent men Having served hs
DO made forhts withdrawal
Tho Michigan Central Railroad earned for tho month Of
November:
1866 sii7669 ~ 1856. .tfeO3 ~ Dec. O6s Oe
Tho receipts Of the Western Union Railroad Company
for the week ending Nov 80, 1866 wcrc
1866 s88 iS e. 1865. t8 3i3 SO Increase $500
| tha
improvement is there any disposition to take leading
staples upon speculation at current rates.
The traffic returns of Western railroads for December
arc not encouraging and largo falling of is certain.
The funded dObt of the State of Indiana aths time is
t6953SSs, Of which $5,3i2,5Oo is in per'cents, and
t61 3S9 in q per cent stock; ti650O Of the p per
cons wero redeemed last July making g. Sl3 80 less in
terest to pay JAN than paid in July The total
amount of;iBterest due In January is sl53,7Of67. OF
this amount tl33s56 IS is due to stockholders the
mainder being on stocks hSd by tho State Department
Sinking Fund. Tho amount required to pay the January
interest will be forwarded NcwYork by the Treasurer
of State during the present month 1t is supposed that
tho redemption of the q per cent stocks under the
act Of ,hssst Legislature win take up tho most Of the
certificates outstanding.
| THFCkicago Tri6un. OF Wednesday says:
Most oe banks report increasing demand and owing to
thc o. SSTn6 1S MARKET
gradually working closer Deposit lines running down,
and there quite falling OF In the volume Of currency
'pnrol with two weeks since Paper is narrowly scrutin1e
but the best Gnd the market easy per cent In the
open market there rather doing God names
go,inted por cent but inferior signatures cannot be dis
counted for less than lsaler cent per annum Exchange
cant and nearly axbc bank. are shipping currency
hen large amount Between banks occasional sae are
made At c premium Tho counter rates arc firm 81 par buy
| ing. and l-l0 premium selling
| TIE Cincinnati Gazette Of Wednesday reports:
The demand for moncy has ncrascd materially to-day and
best OF submitted 10 asgh raes pr. cent III.
chang NOR Pssy made 50 many By the co,ens Of The
excepting AZ oant Of sos peg thousand and sales were IN
somocases made at PAR.
The Atlantic and Pacific RAILROAD, which, although
starting at st. Louis really the Southern Pacific, has
roccniy been permanently organized with Gen. Fremont
as President The ST. LoHs Democrat thus sketches the
route and its advantages;
A skctchcd By the President the road Is laid in South
Western Missouri and Tho Valley Of the Canadian aud generally
ornd thence the Pacific Coast Il Is the shoes, route
Gwest diaieultes No mountains arr IN the way
greater portion ohs distance follows The valleys OF streams
thSryce as could be desired The climate throughout is
good almost unknown water and timber abound
Ton srO evcrywbsre foud Tho Southwest Branch the
Pacific Road viii probably be Incorporated With this cont
2oooo inhgtani, a. Us eastern terminus passes through
Tsrriiory remarkable prolific Of soil and
reaches The Rio Grande through heart OF New Mexico
amounts 10 oO per asnum thence II trayerscs Arizona
and strikes the waters Of the Pacific az the Gulf OF California
From Tie Bank Note Reporter
Parties who have robbed o. bonds commencing suits
against the parties holding hcn against the parties through
whose hand they have passed. lhese suits are getting very
able boarr Including nOeshat issued 10 blank
Ia well defined is that the holder bcarer Is the
Of the bond and nothing impair his title short OF
proof that r II the ober or u IN COLLISION with the rober
u tho unueky parties who have lost their
bonds lower Courts and Judges have
aged Jurors give vecis contrary 10 the well defined prn
ope Of law for losing their bonds they 70 lose
In law suits when the higher Courts have finally settled
the
i the Cour, OF Commos Pleas the Judge charged;
did the notice the robbery reach the defendants
II did and they chose TO disregard H. then they not pur
chascr In good faith becanseh they purchased after notice
wuy shutng their eyes against notice the law considers
the purchase bmade In bad faith In other words pur
! chase after notice impes bad faith"
Upon such ruling this the jury verdict against the
National Currency Bank The carried up and viii
queiionaby be ultimately decided In favor OF the bank Shell
viii his bond but viii forfeit the costs Of pro
l trnoied suit
10 illustrate suppose robbery be committed and tho
bonds through several hands In this country and then 30
Germany and sold and after all this notice should
be given all wast And suppose the Judge should be in
Frankfort and buy few Of the bonds when they arrive out
And suppose tho Non Judge h renrn goes 70 Wal ST. TO
bonds and there discovers that every bank banker and
the notice h and when he offers his bonds they
point his words. purchase after notice implies bad
iih" We tuk the Judge would modify his law before no
| would hand his bonds over 10 the original owner
The following are the movements in Dry Goods at this
| port during the week:
| KsuFRTp FOR coSstMPTIoS
| Manu- Of Pkgs. Value Manu- Of Pigs Value
Wool. 4s7 t1 SIS flsI Ils tsto 59i
Cotton. 45s l5l9ol Mscelaneous @92 l2o4s
| Sikh. 100 l02f6i' -
Total '1'V0O s'eo-Vo
/ lanuC Of Pkga Value Many. Of Pigs. Valuc
/ VI gN-iI Ia