New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-07-13

tuns Oil at Co.'S To Glasgow per saI 30 900 bush. Corn
at sd A vessel to Genoa or Naples with Tobacco at
30s.
The transactions at the Sub Treasury to-day were
Receipts for Customs. $33l 600; Total Payments.
s951 $50 Receipts for Gold Notes, $4,000; Total
Balance. $llS320 1861 Total Receipts. s2oo, 2l2,Ss
1t is stated on what seems to be competent author
ity that Secretary McCuloch has determined 10 limit
the redemption of compound notes to $3000000, out
of the $50 900 maturing in 1867 and wiz exchange
fifty millions of three per cent certificates for an
equal amount of compounds. As there is an accumu-
lation of interest sOf sl4.OO0,OOO upon the COM
pounds maturing in 1867, which will be available to
the banks. the maturing notes will not disturb the
money market to the extent feared by many. The
destruction of OOOof the existing of the
banks and the reduction ofnerest $4,000 OOOmore
of reserve, are however, movements toward specie
payments which debtors and traders on bOrrowedcapi
tai should heed This policy of using the certificates
at ALL when 52Os can be sold at 1851 is yielding
the part of the Treasury and the irredeemabe paper
money party which has not the courage to see the
currency of the country restored to equal strength
with that of our rival commercial neighb0rs.
With the present crop prospects fairly realized,
lower prices follow a matter of course for bread
stus and provisions which will secure in time lower
prices for labor good crop will therefore reduce
the amount of money required for commercial pur-
poses so far that solvent paper will be as fully sup
pled from what remains of the paper money as they
were when it was at its maximum, and speculation
be rampant This suspension of contraction is I'M
dersood to be deemed eXpedent by the Secretary, To
prevent hurting the insolveDt part of the community
For some time the Treasury has been vigorously work.
ing in the interest Of the solvent part of the people,
and the Secretary had it in his power to fund all the
floating debt of the 3Oth of July, 1868, beside re-
deemine large portion of the legal tenders. His
anticipated policy is suspension OF his past )u-
dcious course, and direct and substantial support
70 the gold gamblers spectators and over-traderS oil
the country.
The Erie road has reduced its Buffalo fare to ~.
The New-York Central has not reduced its fare, as
stated The "poster" circulated on Thursday was
signed by the manager of an opposition steamboat
line on the North River As matters now stand, the
frpnk lines south of the New York Central Will all
be running very cheaply. The Erie earnings Tor
lime are reported at $125,OOo decrease, with July
running behind June. The Hudson River road Is
earning full 5000 per day more than last season,
from its local travel
Attention is called to the card of Mr. David Groes-
beck. in another column, in which he cautions the
public against the use of his name in connection with
the Anneke JAMS estate.
The American Exchange Fire Insurance Company
have declared semi-annual dividend Of per cent.
payable on demand
Earnings of the Chicago and Northwestern Kali
road for the first week in July:
1867 sl92 1924 1866. s19O762 Inc.-...s21s2
Earnings of the Erie Railway for the month OF
1861 als7SO So 1896 2i3 .63s 62 Dec. ..sl2iSoi
Earnings of the Marietta and Cincinnati Railroad
for the first week in July:
1857 $3.50 1865. 81, Ss4
The business of the Central Pacific Railroad OF
California with "a miles running was as follows In
gold Gross earnings s122OlS So operating expenses;
So. 1853 20; net earnings, slOO,055 So.
The following the earnings of the Atlantic and
Great Western Railway for the hrst week IN July;
1867 ss5 200 1866. .s96lO Dec. slO,9oi
The Pennsylvania Coal Company report the ship
ments of Pittston Coal for the week ending July Q,
1867, as follows: r.
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