New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-08-03

A Washington dispatch says the draft for the pay
ment Of the purchase money for Alaska Territory
was prepared yesterday. and will be signed and de-
liyered 10 Baron StOeckl the Russian Minister to-day
1t is drawn the Assistant Treasurer at New-York
for the sum of $79OOOOO in gold payable demand.
The imports of dry goods at New-York compare
as follows:
EntG at the Sc' port $50 .ssa7 .2Isss
Thrown MARKET. 2,o7S,SS3 l,O9s3S7 l745,1l7
Enid at the port. ssO,442s25 ss3An.SeO AA9el,37l
Thrown on market. 77,O34O27 S5Go3,SS7 45,g35,s53
For the month of July the movement compares as
follows with the two last years;
Enid for consumption. s7,s62,4s s524.269 s4,22sass
Entd for warehousng. 2,s6t95 2,s0s'9C6 2'74S29t
Thrown on MARKET iSGS2SS smsSss sa9, sS1
Entered port. l072I46J 6o52,o'o o'''lo4i
To the Editor Of The TrtbuAt IN
SIR: Within the past week holders OF len
nessee bonds have been disturbed by rumors affecting
credit OF the State and inmating adverse eglsa
during the called session respecting the payment OF
interest No one familiar NTH me events OF ,ne past
objectn efforts depress al tbs time securities issued
ratiOns the least likely 10 endure permanent loss OF 40
per cent the aid granted by the state II by enDar
RAISING state credit introducing threatening resolutions
TO fund the coupons magniying the dsordered social
condition of the community, and producing generally the
impression that tennessee Is IN stdSe we, o poc an
ssance rescue her. votes may be Influenced IN oppO
RED. shall then be surprised at the fertility OF
argument and Illustration evnced to prove that no bonds
were ever good Tennessees But aside from this
view OF the case is the important effect that the
price OF bonds has upon the interests OF the railroads who
hold them Ii is well known that by the law the COM
panes provide for the interest the bonds they receive
and in default the State takes possession Are the rail
way companies engineering funding bin through the
Legslaure n mistake not, the bonds were, most Of
tlem used by the companies as collateral III when tne
money lender avOrably regarding non-nterest paying
bonds. Tho companies cannot long AFFORD q mar |
Of their securities and as they hold stl large proper
tiOn Of the thirty millions issued 10 them, they viii be the
repudaton They know the capacity Of the state, they
know that with the system Of roads complete the material
wealth Of Tennessee will increase in ratio beyond their
most sanguine predictions Distant sections brought near
mines OF coal and iron deve9ped agIlcuiture
land increased IN value; ana what ls sun better lmml
grafton invited with its capital and labor dlfinsing
calculations made by the farsghted railway men OF Ten
They invested capital in the proportion OF $40 per
l2i given by the State. This Is OF itself cOnylnc
ing argument and notwithstanding all the doubts that
for the moment seemed to hang over the action OF the
Lgsluureset at0at and originated by speculators-we
believe that tue bonds OF the state VIII yet be III demand
az far higher prices.
In reply to letter from p Lorillard concerning the
new tax tobacco and the necessity Of an immedi-
ate compliance with the same, the Commissioner an
swers as follows,
In answer to your letter OF the nth inst have to say
that with the exception OF the provisions relating 70
stamps tho requirements OF the law with regard
from the date of the passage the law except where
otherwise specially provided TINS IL true OF al stare
tory TO filing bonds bonds, special taxes packing
&c, concerning all which matter INSTRUCTIONS VIII DC
issued soon as they can be prepared.
L. A. ROLLINS, Commissioner.
A Canadian dispatch says: -,
The different Insurance Companies have deposited
about 81 100000 10 cash. 100000 IN Canadian ana Brtsn
securities and $4,000 in United states secures ~ me
Treasury The discount on American invoices LOT the
week is 80 per The Minister OF Customs has pub
shed coastng regulations, in lieu OF the former regua
tions Of the Province VI Canada. . I
PACIFIC RAILROAD (oF MussoURO-slx PER
CENT GOLD BONDS. ..F ..I. !
The Pacific Railroad Of Missouri, through the I'M
designed, offer for sale limited amount of their
six per cent gold bonds at 9 per cent aud accrued
interest.
The road extends from ST. Louis 2s3 miles to Kan
sas City there connecting with the Union Pacific
Railroad H. d. and other roads and was completed
in 1865. at an expenditure of over slS,00o,OO0.
The earnings for the year ending Febru- -. -
airy, 1861, were. S0t1o!t W.
Operating expenses AV'o'"f' w
Net earnings ACKNOWLEDGEMENTS $1l9,23O %
Fox the year ending February, 1865, the 80, .,
earnings .SoVOoOod on
OperattnU expens,s OBSERVATION-DISCLOSURES. 203068 SO |
Net earnings $973,o54 g2
While for the first quarter of 1868 the net earnings
exceed those of the same quarter in 1867 by $S369 Co.
The Railroad Company, in order TO pay OIL the
State of Missouri for advances in aid of constructing
the road, as well as all other liens, has issued
100000 Of First Mortgage per cent bonds, secured
by deed of trust to Messrs James Punnett President
of Bank of America. NewYOrk, u. A. Murdoch, Pres
ident of Continental National Bank. New York and
Luther c. Clark Of Clark, Dodge d Co. ZION.
The bonds run twenty years from Aug. ], 1858, IN
terest February and August in New-York Principal
and interest payable in gold coin. 0 .
In Offering these bonds TO the public we remark
that the road passes through the central most popu-
Ions, fertile and growing part OF the State OF Mis-
souri,. forms part of an important line, and is
completed and successful enterprise, already earn
ing nearly double the amount required to meet the
interest on its entire Indebtedness thus emitting the
bonds to the rank Of first-cass security Govern
ment and other securities received in exchange at
market rates CLARK. DODGE &aCo.. No. 81 Wall-st.