New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-11-14

/ 5.2Od5.li4; Hamburg, oosUOoi -
Frankfort, 4O904O. Bremen 7s.S7sI Berlin, 7ls972
The following viii show the exports exclusive of
spece) from New-Yor to foreign ports Tor the week
ending November 10, and since the beginning OF the
year: ,ss-
For tHs s5 S ,: sfsa l: Ssi
Since January l. sla5,,g7,ss2 slSiu72cs slei'tIlcS
The following was the days business at the once
of the Assistant Treasurer: Receipts for customs
s31 900; Receipts for Gold Notes s229OoO; total he
cepts, g. 22s 651 96; total Payments S'fO'oo' III
Balance, $1O7, GA, O22 %.
FreiQhts to Liverpool, q 900 bush. Corn and 1900
bush of Wheat at Cd. % 60 ID in bulk 800 DDS.
Flour at 2s 3D. and per steamer 1900 BUSH Wheat at
Is To London--5A boxes Cheese at 5OGoos';
bark from Philadelphia to direct port on the Con-
| tinent. between Havre and Hamburg, on private
| terms and bark hence to Marseilles with looOo
boxes Oil at $685. and the balance of cargo, barrels
at 5s. Cd.
As the meeting of Congress approaches Its action
upon financial questions is discussed with great IN
terest All parties agreed that policy should DO
promptly adopted which will restore the dropping
confidence of the community, and specially OF cap
italsts who now hesitate to make long engagements
in any direction The financial policy is the subject
upon which the mercantile interest of New-York
most desires to be informed by legislators The chief
point of interest is whether the policy of contrac-
ton of legal tenders shall be pursued and specie
payments forced, without regard to the trading and
debtor part of the community or whether the sur
plus revenue shall be devoted to the retirement OF
the bearing debt which, by this process 1t
is argued, would stand higher at home and abroad,
and make its permanent funding at large saving in
annual interest an easy task. 1t Is urged by
the best and by almost the entire commercial
community that nothing but temporary suspension
of the contraction of per month will restore
confidence and make active once more the diversified
business of the country from which revenue IS gath
cred. Judging from the conversation OF Leading
members and of merchants this point will be pressed
upon Congress with earnestness, andthe operatonso OF
the Treasury if possible be confined to the payment
of the Understanding debt from surplus revenue,
leaving the legal tenders at the present amount.
The permanent funding of the National debt VIII
claim the early attention of Congress. The present
quotation of the l0-40s, and their growing popularity
make il evident that the time has arrived when n
long five per cent bond be issued, into which the
six Dor cents can be funded. as fast as they como
within the power of the Government Tor pay
ment With political harmony at the South stead
lily approaching, and sure OF early realization
it will be teasy to at once place enough ave per
cent long bonds to enable the Treasury TO cal III the
issue of 1862 for payment, exchange for tho new
fives if their holders prefer Most OF the premium
on gold is caused by the unsettled state of political
affairs and il will disappear political restoration
advances, and be no impeachment to the permanent
funding of the debt The idea that the existing
premium is wholly the effect Of surplus of currency
is refuted by comparison Of the premium on gold at
various times with the amount Of legal tenders. ahd
those classes of public debt which, when issued per-
formed the Office Of currency and were so counted
AMOUNT Of Iegal Tender aud other Short Dett calling
for Legal Tender counted as Currency, ana me ITHe
x,.. s'l 11ss , ss. !; l,e
One Year Certificates l26.5s6OgJ
one ard Two-Year Notes. So,ss69so $4,000
Compound Sotcs............ H5liSs4o 13,oep,co
n Total 7. GurreHcy'7'a''''GISs29, ''a''i'' i.ss
with decrease of what at its issue was circula-
ton and legal tender Of 1928 81 lC5, the premium on
cold is not reduced Nor is il likely to be by con-
traction of legal tender not preceded by political
harmony. Judging from the tone of Congressman
who echo the wishes of their constituents no changes
will be made in financial legislation which viii ma
terially. if at all decrease the present currency
The Engineer of the Midland Railroad says
An erroneous statement has crept into several OF the
NewYork daily papers, when en- faiy eSSeayorna 70
open new line OF railroad TO me Cliy OF Sew OH
through rich and productive country that mas as yer
netronolis The article alluded TO asseft that the East
ern Division OF the Midland Railroad has been located
Inv ia Directors upon the longest and most expensive
route" This IL untrue as shown ny carciu ahu
measurements made under my own sulcrSl,son theSo
measurements show the line by OF Mddletown 70 DC
IA eO0 miles less than 10y way OF the Neversnk RIVER ana
Port JeryIs This alone would seem justify the Direct
or in their location but when take Into consideration
the fact that the Seversnk route passes thron eou
tpv iess highly cultivated and promising less business TO
the road and coupled with the additional TACT thmt inc
expense Of It's construction woud be fn half million OF
of their decision cannot for one moment be doubted
The following arc the changes in the Bank OF Eng
land returns of October 80 compared with the prey-
GUS statement:
Circulation Dec asee76 Built Dee 4s9'lds
public Deposits Inc 1881 Inc. zoo
Other Deposits. Dec. 4g05ss Resefve-.-..-'"in N'@
Other Seeuritleslnc. H9o5 . .
The London Economist of November 2 says:
Althoug not animated the discount market mas pre-
week and the rates Of discount have experienced ue
cided advance This has been more especially tno sso
consderable rmness as compared with the lowest prices
lately current The quotations current to-day show
some days prior 20 the commencement OF inc presens
week the best descriptions of paper were taken at n a.
mum is now at Il per cent There Is Sun good supply
Of money seeking In me ,pn te lat
the ycturn OF the Bank Of France for week ending
Oct 81 shows the following changes compared with tho
previous account IDcrease-Bs dlseonnea es1oVOoai
notes, Oo enrreIt account balance
600 O0f The principal feature Is the large increase ~
the discounts and 70 be- the
In grain The dimnution In the coin ana puilon' NOV"
eyr h Z Tnch Government will soon be in the market for
loan Of ZOO 900 francs meet certain deficits and other
claims the Treasury o Ss9 az Goo
francs Each bond OF 800 francs VIII DC one!eu NJ @A'
| francs aud will bear Is francs year interest,"
The Erie Railway Company earned In OCTOBER
1866 .7e,2A % 1867. s49s7S IS Inc. s224n 81
| Road the Ara