The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-09-11

The Baltimore Sun Of Monday the 9th inst says un-
der the head of Monetary and Commercial:
We have received an officially corrected statement OF
The public debt OF the United States the 1s OF Sep
tembe by which it appears that the eeSa error m
the first statement occurred in the amount OF debt Dear
ing currency interest in the threeyear compound IN
teres notes by not deducng the amount that had ma
tured the total amount then outstand
ny viz: Sel $50 which should have been S78 SS9 6
The ota amount outstanding the lst OF August, ma
tred and not maured S1l7 S57 S5O VI this amount
there was redeemed during August $23 6ZO-eayng
total outstanding September lst 1857. of SOL 6l2 $50
This correction leaves as the debt OUTSTANDING less casn
In the Treasury 1885, 05 instead OF $685.
Cs5C5. There therefore the very large reduction
on 96 made In the total debt less cast in the
treasury August 1st instead Of $3.50 $50 as
has been stated. Our national debt was highest on the
3lnt OF August 1855 amounting at that date TO 81 767
s03 CSC 81 In the months that have elapsed
we have laid Of $685. 020 321, monthly average OF
over this rate Of reduction could be kept
W. in the future the last dollar Of the dc ot would be PAID
nv lv LIST 1887 or In one month less than twenty years.
There was great dulness in New York financial circles
on saturday, owing the troubles Of two National banks
and the absurd sensational rumors set afoa by gold
speculators that Gen. Grant and Secretary McCuloch
had been superseded. The troubles OF the two banks,
however assured too small to attract special
notice It stated in the matter OF the LIST Nation
al ank or Kingston New York that Mr. Hasbrouck its
president indebted to the institution for about $40
OOO He has, however, placed all his property In the
hands of the directors, aud the officers the institution
have promptly made arrangements to redeem their out
standing paper and on Saturday morning all their notes
held against the bank in New York were redeemed The
bank Is solvent but the stock viii probably be slightly
affected by the defacauon government examiner is
In Charge and is reported that the proceeds OF
iients estate will be enough to meet the deficiency In the
bank assets and to enable the institution to pay lO0 cents
on the dollar The capital OF the bank $500 the
by the president sol 70O OF which the osa Iy
is nk as reported by the cashier, will not exceed Sl0
IA, For the snares of the bank 60 was bid.
d regards the Farmers anr Citizens National Bank
c. Brooklyn, the institution wal closed up by the Comp
toer OF the Currency account OF deficiency In its
reserve and this action is highly approved receiver
mas been appointed The fate Of this bank is an admo
nv and any of them delinquent their reserve
they will do well to heed the warning, and rePlenisn
their reserves of legal tenders without delay
Our financial dispatch from New York on Saturday
evcn,ns ssys money is easier at Sa5 per cent on CALL
with large supply and moderate demand. There was
rather more animation in the gold mari on the rumors
o. Cabinet changes and the price ran up to 142sal4S
Int 81 vrwards fell of TO 142Hal42A, at which 1t closed
clio l. Of the mail The returns of the banks were sl
m ut the close Of the day. and the statement is slightly
lded. There is an increase OF 81 900 OOO IN loans.
100000 in legal tenders, $4,000 600 in deposits. aud
OoO In specie The statement is far favorable
tim was generally expected in view OF the heavy dram
l currency to the West. Governments were quiet and
ri in the afternoon but the 5-20's were all to 4 per
cent lower. Railways were strong but lower at the
c ose.
The New York Ezprss: says that Wall street has re-
covered nom the bank failures aid once more returned
10 Cabinet changes The latest rumor from washington
the effect that Reverdy Johnson was to take Sew
rds place. and this had some little effect on prices
Foreign exchange is firm at New York Bills at so
days on London quoted ct l0ea109 for commercial
9Hul10 bankers; do at short sight 109XallO&;
Paris at so days 49, do at short sight
Antwerp 6lska5.15; Swiss 6.lsxs5l6; Hamburg 352sa
an, Amsterdam 40ss4l; Frankfort 4Oha4l; Bremen
,s.l7sx; Prussian thslers II ha72.
LIE export of specie from New York on Saturday was
s67s.uOO