New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-12-07
Sl5n.A20.il1
NC22.IGG.sl5

Compound ..$l720l21n s2.55s94o
u. 5. NOtes.............. 422I4g@94 S9i'lots48
Fractional. .............. %o'VOo'41z oO''uoo''
Total .$C22,7GGsl5 s45O,i2O,H7
Proposed increase. sli23l5,4Z5
All propositions to remedy existing financial evils
by issuing moro currency OF by "suspending con-
traction,D must fail Mr. lngersolps proposition, at
one stroke would undo allLthe labor Of the past IN
retiring tho irredeemable trash dgniied by the tenn
legal tender, tolerated under pressure OF the neces-
sites of tho nation The financial condition OF the
country is such that it cannot be relieved by the
issue of pictures exchangcable for other engrayngs
irredecnable though called and used as money
What the country needs is less currency ana more
excbonpeabe products. The ranks Of labor require
70 be recruited largely from tho spectators ana
non-producers that thrOng the towns ana cites'
The cost Of the war left the nation mortgaged ior
800 100000 audit can be lifted only by saVlngslroh
earnings. Beside the mortgage the possession OF
barren country cost the people hundreds OF thousands
of its best laborers and the destruction III war OF
horses cattle, and crops, which, consumed III tne
pursuits of, peace, would have Imade the country
richer As compared with 1850, the labor OF tne
country Is now burdcned with an additional tax Oh
100000 900 per annum, sum which simply pays the
interest Oh the cost Of the and does not reduce
tbo prncipal one dollar What is wanted is more OF
the products OF inc SOIL anu II utillu AOi INC '"
Of the country including that Of the present non
producers There is no demand for moro currency eX
eept from spectators and traders upon borrowed
money and TIC sooner Congress dsmsses the matter
the better,
ANew-O Orleans lcttcrmakes the following illusions
to the trade of that city:
The continued strugcnCy OF money and tho Inability 70
negotiate from Memphis ON time have enabled rev
men % do very handsome business ii season 80 la
H.,
dance Of the net cost This very handsome OPERA
zion, the commission IS aDont ~ ~ 20 VI oy ~
Thero has been margin Of s. " to $40 per Dale between
o, S eady money "a needed to build good busl-
ness thereafter an advances will bc made upon pro-
duce ready for market. The disastrous results OF MQ
years working by the ola mcthod OF eaYctS hd5 s
that they are unable TO take advantage OF any nng g3d
that may oher Next year tne Sout lrVn lcrs from
courts sell ont tho country. Good farms IN te Miss
spp bottoms can DO purchased al nom ~ 10 ~ NAVh
ouco were valued at go 10 sij per acre.
The London Economist Of Nov. % has the following
remarks upon the money market Of that center.
The stats Of the money market Is complete reply 70
those who imagined mat TIE temporaIy e noe ~
It wss iacS- ana IS i 8 ttmefn as great a. il 8 now
The movements IN the money market were two
Fret Thut caused by the corn trade, which some per
ianccd would take much bullion rom US b9I e
Showed 40 len 9Th. not those who take nluch buioh
and upon the other hand we have no bullion dclnana
Ill ro'rparaIe 70 what we have had for several years
Tho value Of Julian cotton is much less now than for
rifher ~ the two last wears.
SseoaG. The foreign political complications were
thought likely 10 raise the ratio or interest Ana YRrtn
there had been war, would certainly have rai-td tue
value Of capital somewhere and 10 some One ~ MOuld
have destroyed much, and lessenod the effective sup
plv But whether IL would have raised the Yane OF loan
able capital In LOmbard.st may Oo doubted IN tne
former case foreign troubles have sent much foreign capt.
Bat we have not at prcse To consider this difficulty
Tho likelihood OF war has not only mOncntary d1nn;
iskcd. permanently declined. The great, and sun
most serious disturbing force In Europe Is that the
power OF France very much essened by the rise OF
termany and little even 10y the rise Of Italy; and that
the irritable French nationwide have been told ~ al
their rulers how great Was their powernght not IKE 10
sec this The force ~ France On The Continent Is key
90 be CountcrbaancCd now Ear more than Tor years De
fore. But the momentaTy fan has been stayed. inc
French Emperor has by the Italian expedition obtained
IT. IT. & I IN tbe ,orcstiee at wears nut he gains i'm the
prestige Of the instant; and since war Is caused by mo-
mentary COnleotures not by slow and halt perceived
changes the present success OF the Emperor guafah
Upon these grounds. therefore. we believe that the
reasons. such a. they we're winch we're hnsgea 20 u
beon rcfuted by the events and that IN te Psesen,
aspect Of affairs there no causes which should eau
Us 90 anticipate any change
Tho following is an abstract Of the report of the
Treasurer Of Indiana for the fiscal year ending Octo
bor 81 1867
Balance In the Treasury November I, 1906 ne per Last
report S3O&so u receipts during the h+eal year $50
year sl4lCt9 o9 Treasurers balance sl5lU5 49, Or
dcrs outstanding aud unpaid, So6Z1O; Auditors balance
The funded interest bearing debt OF the State is as fol-
stock bearing We per cent interest si5257s SO; war
loan bonds bearing six per cent interest sJy3VO Nm
connes University bonds bearing sA per cent interest,"
considerable portion Of this debt IS held by the state
making arcductOn in the amount, for which the STATE Is
Five per cent bonds held by the state Debt Sinking
Fund Board, sal is3 per cent bonds held
by the state Fund Sinking Board $4,000. total outsand
ing debt sills9 49, OF the latter. the state holds in
per cent stock, $4,000. Total debt exclusive Of the
amount held by the state, s5,9ol,ls7 80.
The earnings of the Chicago and Northwestern
Railway Company were for the month of November:
ra nasssss ,a 5ssS 40 ,e SSs IS .s 2
E T ' iSSSt 80 80 S5gS s9 e isi5 q
MglL..:......,..:. C'ei 1870 80 i,9o2 10
Totai.......a.NNO9,3sI % A,aO,os7 As s9o7,99e So
The following are the movements Of Dry Goods at
this port during tho week:
ENTERED FOR CoNsuWuoN.
Man,g@ Hg. Value MeaC@ Pig, yslss
SSGl 20 20 '5S4 M sas sSs 5S.5 $50
siHiEI, '........... ii5 SS,iso -
I'''N'''''' WITHDRAWALS. ''V''''
MlaY@ PIG; ya ss, Nsf@ Pkg, .N ysl ses
cotton ........ III U'66S Miscellaneous i25 IiOs5
silk.....a,.; 40 sc'oool 80 .o,ee,o
wArrn9gsro. 90 -.
MOI %.a%@ Hs r S9 FAX ri 49, , st,e'
Cotton. 20 IO,5ig Miscellaneous. 81 i,9I6
Sikh. 20 1885 -.
FAMILY MARKETS.
OR LIVING EXPENSES IN NETWORK.
FRIDAY Dec. q, 1867.
There IL an upward look among the meats though as
yet retail prices have not materially advanced AZ
Wholesale beef mutton, and pork have gone up q fuu
cent no. and this rise will doubtless soon reach the re-
tail markets Prices not as firm this afternoon owng
20 change from cold weather 60 rain. Early In the
week mutton brought l42c. N higher than II Is selling
at today novelty In tho meat line Ia Buffalo STEAK OF
which poultry dealer Is 90 keep supply They are re-