New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-01-11


total since 1stSept so far as yet known 3o5o oo while
the weeks exports TO Great Britain are 1900 bales
| With $500 TO the continent.
The following statement from morning paper
gives a rumor which has been for some days extern
sively circulated:
Last Friday Of the old and so-caed conservative
banks Of Wat threatened to close the account Of of
check for sum less than $1,000 demanded greenbacls
for the same When the officials Of bank anywhere,
10 hold such language to their customers because they
ask them to fulfill their contracts according to law it
which pervades the public mind
Tie Chicago Republican says:
The biennial report of state Treasurer Beveridge for
the years 1866 Is confined to the brefet possible state
ment OF the condition of the State finances with the usual
tabular statements and few suggestions as to equaza-
ton OF assessments and the transfer OF funds ..,
The public debt Of the State of Illinois, on the 5Oh OF
November 1866 S. G3s252 IA reduction III the past
two years of s264O2O GO, not including interest which
amounted to $l9956O9 The receipts during the two
years with the balance on hand at the date OF the last
port have been as follows; ... -.
Revenue fund. o52 GO
state debt 13Hd- ;S oSS az
illinois Central Railroad fund 1,i56Sl8 70
InfHd%n and minor heirs fund: 195li
Hancock County interest fund..-.... 9465 70
$66S5, ea5 70
The expenditures in the time from the various
funds have been follows:
Revenue fund. G29 IS
debt
Interest 1,3lO455 ~
illinois Central Railroad fund ...... ], Io2 436 81
Unknown and minor heirs fund .....- 295 20
Hancock County interest fund......... $3.50 &c
Total .S597l.sel AZ
The total amount belonging the in the
which may be applied 10 the payment OF the State debt
would further reduce il to about $,5OOOOO.
The following table shows the moyemcnts OF the state
debt for the last six years giving the amount due on the
LIST Of December biennialy:
1862 ..... I2327lG SO 1866. ........ sG3s.252 81
To accomplish the reduction Of the state debt which
taIaoh nus T peen Et az IN tbot tbc t"IoW fax
would be sufficient pay the State debt within 10 years
Central MI, R9roaa added he last dollar Of Indebtedness
can be met by the Isl of January 1874.
eGuai those of the last 1t sestmaod that there Will DE
deficit i'm the revenue fund for the next two years Of
S55OOOo which win have to be supplied by increased aA"
In view of the inequality Of the burden Of taxation
resting the people IN different parts OF the state re-
slting nom variation in the estimates of the value Of
real and personal property by assessors, the Treasurer
rcyives the recommendation already made for the cca
ton Of Board of Equalization OF Assessments Wh3sc
duty 10 shall be- not OILY 10 equazc the assessments be
tween the different counties but ao Ia so increase or de-
the valuation that the present rate OF taxation
viii meet all the current expenses Of the state Govern
ment. ,.,.,, w. p, IT.,
the Auditor of the state the st O Jan, 1861 49,.
l6G2S6 52 the whole income nom every source a"t year
for the year 1867 aud $4,000 from counties
which previous 10 1900 IN the re- mes btuutl
ing these sums from the gross receipts OF the year. me
real income for the year ending October 1850 would he
only about S3jOOO The expenditures S1G2GO a6 Tor
the year We cannot how state IN such con
dOn pay any considerable portion OF the interest on
a debt Of more that Si0O0O.0OO. -
Gov. Picrpoiuts proposition Is 10 sell 70 the bondhold
the states interest in the railways for like amount
of State Virginia bonds giving receiving the differ
ences He divides the roads the James River runs,
giving 10 the buyers all the roads ON the south SIDE o
james River which five feet with the exception OF
y mcs) transfer, the State TO pass such laws as
will give the shareholders all equal rights with the
| IA a1tpld nd he
Of an the states railway shares and bonds the north
side Of the river. The gross receipts on the five railways
the south side OF James River last year were about
Sl.G0OOOO, and about COO miles Threeuths OF the
capital IN most Of these roads is owned by the state be
side her mortgages of S2,7O00O0. Now, II the Legislature
will follow up these proposals by suitable tgatlon We
do not why every bOndhOlder may not lCaZc part
the whole, OF his bonds The uncertainty respect
ing all the State Governments Of the South should warn
the holders these the dangers which threaten
not much over Ouceuth OF that Of 1860 The tobacco IN
specOns for December, 1865 at Richmond, were only $50
cheney continues although have been told that there
good tobacco crop made last year.
The Chicago Republican of Tuesday says
There was no material change in the condition o. the
money market today. The demand for currency ls SUI
very active and the market - strlne nt-tc bankers dis
counting only 10 their best customers. The mercantile
trade rather more active than fOr several days past
and there is very little that class OF paper the
kct; Int the wants Of provision dealers ana com
mission merchants under liberal receipts OF h9gS are
more urgent The bank Of discount Is steady ~ 20
4 cent = annuIn but street rates range from l42 =
cent per month
The Standard Fire Insurance Company has de
clared a semi-annual dividend Of T. cent free Of
Government tax, payable on demand.
SOUTHWEST PAcIrIC RAnRoAD.-See advertise
ment under " Financial"