Chicago Daily Tribune Newspaper, January 3, 1879, Page 1

VOLUME XXXI1X. TheChicagoStamping Co. 10, 12 & 14 Lake-st, IMPORTERS OF TINPLATESMETALS, MANUFACTURERS OF 'SMmped and Japanned Tinware, “Grocers’ Caddies and Druggisis’ Boxes. "Galvanizing and Tinning a Specially, TO RENT "TO RENT. STORE AND BASEMENT No. 254 East Madison-st. (Possession Jan, 1), opposits Field, Leiter & Co.’s Wholesale Store. Inquire at SILVERMAN'S BANK. FIRM CHANGES, DISSOLUTION. artaership heretofore exfsting between the nderalenet, Lodok 106 BTy name af W, Py Melsren & Co., Of Chicaxo, 1il., 18 this day dissoived by mutual consent, W. P MOLAKES, AL RICE, Chlcago, Jan. 2, 1879, 3. M LOVE, copartnership heretafors exiating between the TSP Radet Fob. RriA Bamieof W, I N ke & o onl‘llwunkn, Wis., I sbis day distolved by ina- “Milwavkee, Jan. 2, 1879, JUACRICE, bustness herctofore carried on by W. P. McLaren e ten e and AT ausec, 1 Lhls. Har dated'and oraanized as & corporation, under the i ihe Siate of Wisconsin, under the Corporate na P Mokaren ot Tl offces uf fhe corporation arc:” I Milwaukce, No, | Cliambor of Commercos in Chicszo, 125 Lasalie-st. | and in New York, 17 Moors. e no oard of Directors.to . Corrorate name. Wo F. MOLARENCO, Jau, 2, 1879, 3 L Jas M. Lovg wiil continue in the commimion busl- £ 804 buyers of g nees, RTainAnG provisions, underthe Arm nams RLVo & o, Ro. 13 oons Mok, LANAC A DISSOLUTION. The copartnerhip herstofors exlitiog. under the irm ame o 1 & Farwell ia this day Glssoivod oy (o Tafiger arsan GHANNIS & FARWRLL: CiiGaoo, Dee. 31, 1678, o of J. The underalgned, successorsto_Grannts & Farwell, + will contiiue thy wholessle grocery business as 13 and 17 ltandolpti-st., under the Arin name of Farwell, Mil- ler&co, ANCUS A, FARWKLL, ROUERT i, MILLEN GARDNEIS. BASTOW, BKNJAMIN ¥. WKAVER, Cnicago, Jan, 1, 1879, On retiriog from the firm of (rannia & Farwell, and for the prosent {rom the grocery traun, I eheerfully rec: ommend toe irm of karwell, Mlllier &£Co. 1o the sellers oods as thorudghly, rellsble aud worthy of full contidence, G . CRI0AUO, Jan. 1, 1878, . C. D, GRANNIS, DISSOLUTION. The copartuership heretofore existiog under the firm name of Kelth Drochers 19 this day dissolved by Hmitarion, EEITH BROTHERS. Chieago, Dec. 31, 1878, b The undersigned will continus the manufacturs of ‘ Hats, Capa, Furs, aud UGents' Furnlhing (oods as . ATy, 1882, % 3879, aud endin, herctofore at 240, 248, 250, and 252 Madlson-st., aud: at whoso'ofios all business of theold firm will be set- KEITU BRUTHERS, ik The undersfaned will continia the Importlng and, Jobblug ‘uf “Militnery and’ Notfons as successors (o' Kell Hroth those departments, at:Wabash-av,' and Monroe- + O IRLKEITH & The copartaership under the firm name of @, W.' Waber &Co., expleing this day by limitatian, bas been renewed for three Yoars from Jaz. 1, 1878, untll Janu- GPORGE W. WEBEIL, * GUSTAVE un:clclnrhpi.' cner; ¥ THEODONE 1. WKL Bpecial Partaer, Cui0aao0, Jan, 1, 1870, DISSOLUTION. The partaership hieretofora existing between tho un- denstgned, under the frm uame of Smith & Merril, * has this day been digrolved by mutual consent. Nathan - Bmith will contioub thie produce business st the vld staad, 33 Market-st, sad settlo tho accounts uf the late firm, NATITAN SMITH, Deo, 31, 1878, A, W. MERRILL. NOTICEL * gBorden, Selleck & Co. have succeeded A, M. Ofibert & Co. In the eala of the Improved Tlowe scaiéa fn the Wesera tates. Al unsatiled accounta of tue old rm will be settled with the new drm. ¢ HOWE HOALE COMPANY, By J. B PAGE, Treasurer, Cu1oado, Jn, 3, 2870, sl NOTICE. Mr, INO. B, CABE becomes a member of our firm, to dats from Doo. 1, 1878, and tho firm name will hereafter,bs Cherrie & Co. __OHERRIH & COX. PROPOSALN, PRy TRl ot St SR BN ‘Proposals for Army Transportation Orriox Cuntay Q.M. Deeazrugnr or Daxors, I3 7. Pavt, Mino., Dec. SEALED PROPOSALS, in triplicats, subject to * the usual conditions aud requiroments, will be re« 1 calved at this ofijre until 12 o clock noon on the 101k day of Febfuary, 1470, at which tlme and * plice thiey will be onened in the ;;mlflnu of bld- ders, for the transpurtation of military supulies, - #ic., on the following routes In the Department of Dakotaa, durjng the year commenciog April 1, March i1, 1880 1.—=WAGUN TRANSPORTATION from snd to stations iu the Btato of Minnesota ana Territory of Dakots,subject to the condltlons contained In furm of contract for that service, ndapted Dec. 17, 1878, 2, —=ROUTE IN MONTANA, Wagon Transporta- ton trom and o siations in tha Teeritcry of Mon. tana, etc.,in sccordscce with conditions cuntained in form of contract for tuat wervice, sdopted Dec. 17, 1878, * . 3.—ON MISBOURI AND YELLOWSTONE RIV- ERA, bol tiwveen Yankton, D, T., and Fort Benton, nd post or atations on'the Missouri River, Dotween sald placee. from the 20th of March to the 31at of October, 1870; and frum Yankfon and fiis- marck, D, T, through (o Fort Keofn and b torn Depot. 4. 7., and batween Fort Keogh an; + Biz Hotn Depot on' the Yellowstone River, from and betweon May 1and Aug. 81, 187D, subject to tho condltlons contalned In form of contract for that service, sdopted Dec. 17, 147, Propoaats for this ronis should epecify s rate per snile for each ufiicer, entlaed map, of employe and sulmal, and for 100 pounds per 100 miles fur mill- -tary storea and supplies for the whole route. No Tates v-rrlng with the distanco will be enturtained, 3, ~FERRIAGE between Fort Abrabam Lincola, B T., and Blawarck, D, 'T.: and between sald Fort and Ferry Landing opposite thereto, subject *to ke conditions contalned In form of contracs for that sarvice, adopted Dec, 17, 1878, ct broposs) urust be in (ripllcate, separate for each route, xud accompagled by & boad in the sum of ten thousand dollare ($10,000), exacuted in . lexal farm by two or mure responsible persons, cet- tified aa fully responsivle’'vy a Judge or Clerk'of &' : Uulted ttates District Court, guaraniceing that 1n “ €100 the contract is awaryed'to tbe persun propos- ing, within sizty daya, it will be accepted and’ en- “tered Inlo, and guod ‘and sufticient security fur- aisbed jminedistely by bim in the sum of thirty -thousand dollars 1$30,009), for the faithlul fuldll- wment of the cAntract, e for ine furnoge, in :l?!l‘m case 8 boud for §i must accompany the The Government reserves the right to reject an. or all bids that may be offcred, lecbany Moreover, no Lid will be_entertained unless ' the bldder is vresent 1o persun or by daly suthori2ed 3g=ut or attoraey, al the opening of the bids, and 1s then and there preparcd 10 show that b ds fully sble to carry out the coptract 1 atl respects, it swarded tolum, In the case of siver tzansporta- tlon Lidaers must sobmlt & tlat of boats, givl Dawe, (onnage, age, etc., with which they expec rforu: the service. r proposals and forms of contract and 3l20 statewent of shipweats n the Missouri und Yellowstono Itivers dus- ing the scason of 1678, which will be taken as the baals I determining the lowest bld received under this sdvertisemant, way be bad by spplication to - 3his ofiice, or tu the ollice of the Quartcruuster's Daepartuent at Chicago, 1L ; 8t Louis, Mo. ; Fost Lesvenworth, Kus. ; Omana, Nea.; Bteuarck, 1. Yaustou, B T., or Helons, M. T. Indorscd ** Proposals for rtation on *Route o Niooesots and Dako- etc., 88 ). L. HATHAWAY, COAL. 38 Marlet-st., cor. Randolph, I North Market-st,, * 207 Archer-av, Coal defivered promptly and in good order, by obliging drivers, to all parts of the city. i Our officos are connected together by telephone, and also conneoted with the Am. District Telephone, thus insuring prompt receipt and delivery of ordors, Hard Coal loeded on cars on day of roceipt of order, from stock in [:11 "0 PER CENT DISCOUNT On alt Garinents Ordered of us in January, 1670, Standard the Highest. EDWARD ELY & (0., Tailors, 163 flflfl__155 W{DH]Z'ZV 2 SOTRET HMonroe-t, CLOTE Palmer Houss Clothing Store, OVER- @ Exira Indncements! Q0ATS, Bokonno oursmonsin ULSTERS. 260 Fine (ivercoats nnd Rlllrrn nt n Fearfal Kncrilice! In the Custom Derartment lower prices ta rale for 30 dayn o reduce atock, We do good work. snd pleass all that try ws.” Ulsters, Overcosta, Dress and Business Bulta our Specialties. ' No fancy prices hors, C. 8. FRINK, l B. PALMER i\l{l(?l(RY. Cut. L] Hintest, P LIF tANCE. E PENN Matoal Life-[nsurancs Comp'y, 921 Chestnnt~st., Philadelphia, v Jaxvany 1, 1870, Ar. Wiiltam V. Jacobs, of Chicawo, has been appolrt. ed (ieneral Axent of the Ponn Mutus! Life-insurance }.’ampln{‘lxi:rh."qnnhnnfllol#dvu;‘l«l‘.r'lllt ofiico &% 8% Wash+ L Caicago, s s O D kit 31k, Bupt. Agsnctes. NGTIOE, NOTICH. TREASURY DEFARTRENT, Orrice or Tix CoMPTROLLER OF 'l"l'lx o ABHIXOTUN, D, C, Notice (s hereby given Liali person: elals agalnet the Uerman Natlons that tha same must be presented Lo FQefibiun hres: moniha Trogs (his thiereof, Writhin three mou ol 3 will be disallowed. 5. The State, Couaty, City, sad South Park TAXES FOR THE YEAR 1878 Aro nuw dus aud payudle 8t my office, 13 K Collector for the Town of Buath MILITARY ACADEMY, GALT Bl N, KIRK TALCOTT, } Auoctate HENKY T WRIGHT, A, M. Princiuals. FParenta desiring to place theie sons In a school whers thorough cducation (s cumbined with tirm aiscipling and the comforts and. priviieges of & Chirlstiun homa invited to examine our school befura Ing elicwiicre. Next term begina Jan, o, 1o, af the _Principais 3 will b tom. 12 overy dsy during Ay Loak Co., 1il, st city oMce ur at Morg: Y .AGA.DEMYI PENNSYLVANIA MILIT Ch ester, Pa. Seaston opens Jan. . Thorough 1 hfiq}nur G tha Clssatca, and 14 Apply to ruction fn Civil For elrculars s President, _’nuuson'n%::‘i-l;t::; l'l.;\b’l’l}fl-— POROUS - PLASTHERS. BT PRI SENSONSCAPG EINID. This remarkablo articla contsins all tho valuable qualitles of the slow acting common porous piase ter, and In addition an entirely now combinution of uctive vegotalilo ingredionts from walct it de- rives its wonderful pain-relicving. strengtliening, and curatlve properties, It relieves pain almnost fnmedlately, and cures whero other plasters will not even reliove, The manufacturers of Beuson's Caycine Porous Plaster wero awurded tho highest and only medal of menit iven fur plusters at the Ceutennfal, 1870, Your tamily physician wil con- firm our slutement regarding s great merit, For Lame and Weak Back, Kidney Dises Btubborn_and Ne Tieari, Chills_and Fever, Sciatica and Lumbago, Discises of Ublidren, such s iGoplng aad_Croup (when ap- tages), and all Local Acties of Youngor O, —— BENSON’S OAPOINE POROUS PLASTER, ‘There 18 no other rencdy 0 well adapted for the above class of silmeats. * No other remedy coo- 1a!2s the same comblnation of wedical inzredients, Benson's Capcine Porous Plaster is positively far superior 10 common poious plasters, and to all ¢ external remedies fncluding linimeuts, and tuv so-called eluctrical appllances, Its powerful influence is felt Almost at the frst moncnt of ape rlluunn. It given relief, comlost, ngth, and Ife tu the amicted. It lv uest wnd convenlent, nlso pluasant to wear, a8 it creates merely nsation of geulle and atiinulating waraith. . CAUTION. There are Pravoursxr aud Wonrurese Imits- tlons of Benson's Capcine Porous Plasier fa tae market. Ona In particular, baving a simjlar sound- ine nsme, coutaias lesd poisons. Fuch gonuiue Benson's Capeine Plaster bas the word Capcine apelied C-A-F-C-1-N-E. Take no oter. BOLD BY ALL DRUGGISTS. PRICE 25 CENTY. e Zé:fifi CMLLOFO sy HTEP 1R CILTILOP- odiat, 124 -, i nsiaut relie; Slophens Alle Ns.mffi& s ST gisa have Ic; 25000F Do, RESUMPTION. How the Thing Came to Pass and Nobody Was Hurt. A Few Chronic Gnu;lblers. However, Paraded Their Grievances, They Being Paid in Gold Cor- tiflcates Instcad of the Hard Coin. Little if Any Demand for Gold in the Great Commercial Centres, The Gold Balance in the Treasury Expected to Increase. 1 S ' Comparative Condition of the Treasury Now and One Year Ago. Quotations of Gold Hereafter Forbid- don on the New York Ex. change, Over Eight Millions of Four Pgr Cents Subscribed for Yes~ terday. WABHNINGTON, BEORETARYs SUERMAN EXPLAINS, Apecral Disvateh 1o The Trivune. ‘Wasminaton, D, » Jon. 2,—8ecrotary Bhorman, in an inlerview with yonr corre- spondent to-day, atated more in detail than he hitherto has done his purposcs with ro- gard to the use of the silver dollar in the process of resutnption. The statement was made mors especially with reforence to the rocent criticisme npon his course by soma of tho advocates of tho silver dollar, who, Sec- rotary Bherman,insists, do not understand his action or his 1otention, . Ho said. in sub- stance that he did not design to discriminate agalnst the poyment or circulation of tho, sitver dollar, and his rccont order relative to its distribution in multiples of 31,000 1IAD BEEN M1SUNDERSTOOD, The selcction of §1,000 or its multiple as the sum which could be sont direct to any per- son, or to any Assistaut’ Treasury, desig- uated deppsitory, or, National bank des- ignated as a publio depository, was dua sololy to the fact that™ the contract with the Ex- proas .Company makes. 81,000 the smnallest sum that can be shipped, or for which the Express Company will be responsible at Government rates, These rates aro very much lower, Mr, Sherman says, to tho Gov- ernment on account of its immense business, than they aro {o ‘private partics. It is not’ altogethechriain that any sttempt to modify them with respect to the silver dollars would bo suoccssfnl. The sum of $1,000 had thercfore boon stated in the silver ciroular, but Mr. Bhorman said it is UNJUST TO THE DEPARTMENT to say that silver dollars will not e shipped to any one except in sums of $1,000, Thosa dollars can now be had, he says, in sums of #1 up upou application at any Bub.Troasury or rogular’ depository, Ho had already or- derod shipped to the Sub.Tressuries at Cin. cinnati and Chicago $5600,000 emoh, whick should have arrived there, excopt for deton- tion in trams, by Jan, 1. After that date, any peorson can go to the Sub-Treasury and got silver dolars at any time in quantities from #1 upwarda in oxchange for' legal-tender, The same would bo true of any National bank or depository which chose to order sil. ver without apy previous payment to the Treasury for silvor, Tho Government will ACCRIT TUE DONDS OF 8UCL DEFOSITORIZS now 1n its possesaion a8 & security that the smount of silver ordorod will be paid for. Private parties can order sliver in tho mannmer prescribed by tho circular, Tho statement that it would be ro more lawful to exchange silver for greenbacks outside of Nuw York than'it is to vxchange greenbacks for gold, Beére. tary Bherman states, is based upon a misconooption of the law, Thero is no pur. poso on the part of the Treasury to keop anybody from obtalning silver unless thoy aro able to securo it iu suwms of $1,000, The Becrolary repeated in bis statement that he should pay out to creditors the kind of curren- oy which they preferred, asthat was the only way {u which a double-standsrd curroncy could.be muintalned. NATIONAL-BANK NOTES, As one of the immediate effects of resump- tion National banks will no longer be abla to obtain new notea in- denominations of leas thau $5, nor will they be able to have their mutilated notes of any less denomination re- turned and new onea 1ssued in their places, Boveral Eastern bauks, evidently ignorant of the National Bauk law, made application to- day to the Treasury for the redemption of considerable sums of mutilated notes in de- nomivations of one and two dollars, TURLR APPLICATION WAS BEFUSRD, and thoir attention called to the following clause in Bec. 5,175, Revised Statutes: After lp.c('-plyln‘nll are resumed no associa. tion shall be furnlab¥d with noles of less denum- 1aation than §5. Tho only ones and twos that will be in cir- culation now, then, will be ‘Treasury.notes or silver dollars, or National-bank notes of that deaomination, po long as the National ::nh shall choose to keep them oulstand. '3 FEELS LAPFT. Becretary Shennan to-day war quite enthu. siastio at the results of the first day of re. sumption. The Bub-Treasury st New York, where aloné payments in gold will bs made in exchange for logal-tender, sent frequent balletins to the Becretary of the Treasury, informing him of the situation. The announcemont of the fact that there ‘was po crowd at the Bob-Treasury, and that no considerable demands were being made for gold, was regarded as & triumph, and the Becretary is more than ever couvinced of the ioability of any combination to interfere with resumption, As an evidence of ahso- Inte confidence of the Treasury in tho success of rosumption, & NRW CIRCULAR waa fesned to-day authorizing the reissuing of coin cortificatos for the conveniencs of merchants, It hod foared st one time tha} use wrould bo made of the gold certificates to interfere with tho processes of resumption, and’ for that reason.thoir use was discon. tinued ; bat, as it id now belieyed to be im. possible to successfully interfers with re- sumption, substantially the old system of gold certificates was restored by s circular issuod late this afterncon. ALL QuIRT. At the Treasury hero there was nothing to remnind one that the couniry had at last re- traced the steps so easily, taken in the dark days of tho War, and 'that onr standard of valucs was once more indentical with that of the business world, Many people called upon the Secrotary and the Treasurer, but found them attending o their regular daties just ns though nothing important had happened. In the cash.room a fow peopla wers sur. prised when they' presented. coupons to be pald in greenbacks without being asked Ly the teller what kind of)money they wounld prefer. Heretofore sincethe recent order of the Becretary coin has been handed out, but the payes hoy been informed that he could have notes if Le proferred. To-day, if any ono nsked for coin he was given a check ou New York, and of the $20,000 paid st the Tressury to-dny in the redemption of caupons, all but 22,861 WAS PAID IN PATER. Almost the only. holdars of coupons who askod for coin were the city banks, which pay out gold over thoir ccunters in cashing checks for customers who desire coin for coupond, and which,to relmburso themselves, arc obliged to transport coln from' New York. Theso banka all took coin checks, The demand for gold in this city has been and ia .very emall, Messrs. Middletown & Co., bankers, who bogan paying coin'about tos days ngo to oll whe desired it, pay out five dollars in papor toone dollar in geld, and the proportion seer to ba decrensing ns tho novelty of handling gold eotn wears off. Soma of tho shopkeepers hors even TEAITATH TO RECEIYA GOLD GCOINA, as tliey aro uuable to jadge of their gennine. neus, and some of them say that they have already.suffered loss by accepting coins that were light, ¥ ‘Tho.indications now are that the Govern- | lmporia ¢ mebt stook of gold, fustead of being dimin. ished now that resumption has been accom- plished, will continuo | to .lncruu. It is thought hero that ns loug s ' groenbacks are redeomable .at .might in gold they fulfill all the functlons of coin, aud very fow people will care to handle coin, guard, or trausport it, when the paper is o ¥ 3 B0 MUCH MORE CONVENIENT, ‘Thin is & phase of the §ubject that does not soem to bo plesaing to the Becretary of the ‘Treasury, wiio said to.day that in his opinion the Trensury ought nof to have'moro than 40'per cent reserve in 00in_ogalnst its out- standlng notes, . "5, o .: As long as oxchange remains favorable to tho United States, and the Troasury receives the coin and bulllon of the people on deposit, it is difioult to see what i to prevent tho in- definito accumulation of goldin ths Trons. ury. &4 THUR GOLD-CRRTIPICATR ORDER To-day was fusuud, in response to the proposition recently made by the fmporting merchants of New York, that gold might be deposited in National banks that are destg- nated depositories, and that chocks against stch deposits be acoeptod fn the paymont of duties. . This arrangement secmed ob- jectiousble -to “the Becretary, be- cause It Involved the verifieation of signatures by the Collectors of Customs,and might in some cases subjoct the Government to loss. The new plan, 1t is oped, will bo satisfactory to the morchants, It has boon made fo conform to the law suthorizing tho issua by the Treasury of gold cortificates in excliange for coin or bullion, THE NATIONAL DEBTY, The ingrvase of #1,233,748 in the publia debt was dle to heavy roquisitions from the Executivo Dopartiont, This is not unusual for that month, and the dobt state. ment always shows an increass for this period. - Tho aggregats docrease of debt for tho last six months is over $7,000,000. The incroase, howaver, is apparent, not real, since for the rest of the fiscal year there will bo a corresponding decreaso in requisitions, While the aggregnto debt for the last six months was less by $7,000,000 than for tho corrosponding months last year, it should be remembered that 85,500,000 was paid on account of the Halifax award, While the totsl smount of cola in tho Treasury is $221,805,000, the amount against which there are no outatanding estimations is $154,250,000, and this sum is available for resumption purposes, and of this $17,160,- 000 i in silver dollars and ©16,000,000 in subsidiary silver, PREYXE GREENDACKS, Tathe Weatern dssoclated Press. Wasmnatox, D, C., Jan, 3.—Interest on reglatorod bonds falling due yesterday is being paid at the Tressury Department to- day., A majority of the Loldors of checka aro taking legalBuuders in preforence to coln chocks. In New York, hiolders of chocks for largo amounts, however, are taking coin checks. . Treasurer Gilfillan today sald: ‘¢ It the experionce at other points is similar to that here, nearly sll of the interest ro- maining wopald will go out in legal-tenders. The amount that will go to New York on coln checks will be very small indeed, com. pared with the amount of interest due,” . Treasurer Gllfltan late this afterncon re. celved the followiug dispatch from Assistant~ ‘Treasurer Hillhouss at New York s “ A lurge proportion of gold checks paid in United States notes to-day at tho request of holders.” ) COIN cuscks, . ‘The awount of interest paid st the Treas- ury in this city to-doy was §20,000,—all of which was paid with legal-tender notes ex- ceopt $2,801, for which the holders of cou- pous l&id and received ogin checks on New York. The holders of coupous have here. tofore received ooin for them, but to-day. for the first time they had to take legal-tenders or & colu check on NewyYork, Afany accept- ed legal-tenders, though not without some growling, and others, as’ above mentioned, demanded the coin checks, : BECRETARY SHERMAN was {n his offigo until 4 o'cluck, and appeared to be in excellent spirits, A number of tele- grawms received by him were sent over to the President, amoog dum from Assistant. Freasurer Hilliouse, ved early in the FRIDAY- JANUARY 3., 187—TWELVE PAGES. day, to tha effect that the amount of gold demandad for Uniled States notes was fnsig- nificant, Just beforo the close of the office one from Assistant-Treasarer Hillhouse, giv- ing the nmonnt disbursed as $130,000 and roceipts §100,000, was received, and read with much gratifieating, DREIT ATATEMENT. The public debt statement is as follows Six perccatbonds... Fivopercent honds. Fourand INIf per cos Four pereent Total enfn bon Lawfalmoney uebt., aturedden! a practical fact was looked A3 sccom- plished weeks ago, and not a shadow of a doubt remained regarding fits per- monency. In this view the beginning of a prosperons business fature founded on a strble basis was an phapithing to hope for. At the Sob-Troasury every preparation sug- gested by prundence wes’ made Lo carry ont the law, $110,000,000 1% GOLD COIN, for the Hocratary deemed it best to guard sgainst uupleanant surprises. A special clerk was assigned to the Coin-Room, well equipped: with bags of gold eagles and fractions _thereof, with instructions to pay them over for legal-tonders on domand. His position wea almost a sinecure, In place of the ex- pected ' crowd of exchangers, but one man put in an appearance at the opening of business, and wan promptly given $210 in gold for a similar sum in greenbacks. A fall half-hour pnssed, and nobody else appeared. In two hours but $2,500 had been paid out. The experience of the clerks in other departments was nlmost similar, Of every one who presented accaptances of any kind for redemption tho clerks asked whether gold or greenbacks was wanted. The almost invagjsble answer was, ‘*Greenbacks, of course,” During the day only $130,008 in gold were paid out in exchange for United Biates notes, and $400,000 in gold was re- ceived, leaving tho Sub-Treasury with $270,- 000 more gold on hand at night than it hed in tho morning. gal-tonde! 24T 74,631 Certificaten of dcpoott. 1,618,02) - 10104 134 070, &30 Fractional earrcney. Col o and siiver ceril! Total without Interes DU TS i §; Amption of degun Totalin Treasury.cous. Dicht lews casls [n the Tressury. {ncn-w duriag Lecember, Jectease stuce Juna i, 1478 Tuo &1,80,812,850 debt bearing interest in coin inclundes 821,200,000 05.20 called bonds not yet matured, against which a like amount of 4 per cont bonda have been issued, snd are embraced in this statemont and the amount included in the coin balance: Bendutsmed tothe Pacite Nafirosd Compans irs, [nterest payghie Principal outstanafug. ... Interest acirued and nnt yet pa {ntereat patd by the United Aiaces nterest by transportation il terest pald by ihe United 84,615,000 272,894,027 835,128 we7n002 23,262,637 THE BANKS started the doy's business by turning into the Bub-Treasury $300,000 in gold certifi. cates, in exchnnge for which they took Clear. T Following is the comparative condition of the Treasury Jan. 1, 1878, and Jau, 1, 1870 i Jnu | ing-House . legal-tonder certificates. This hid HETRAD | ek of thefr confidence in the success oi 10,000,000 10,000,000 | Fesumption speaka volnmen, AT THE BANK CLEARING-IOUSK an cnormons business was done, as usual Bosane Dermee? | oftera holiday, but it wes in strict conform. 1,694,800 270,80 | ity with the law. Gold, legal-tendors, ceriinates toa0en5 200gwsoy | 8nd standerd silver dollara wers ac- Suandinreaisdhonds 0,745,300 7NKN0 | cented indiscrimiontely in settloment’ " Ttaanlife: PR XU AT 4.024,257 | of balances. The banks generally roported Outsta 30MTTC Ma.c81,0i0 | that they were receiving more gold than 17,761,108 18.1m,151 | they were paying ont. Noarly all had dis- D EEL 4 U9, 841 fl tounted the probabilities, and for soveral; days besn oxchanging gold certificates for the legal-tender certificatos usod for ettle- Total debt tess s Ja Treasury... BZ,045,635,412 $2,02404%, 111 Ineronao uf delit (G e NN | entaat the Clearing-House. Al had pro. Frery 3} 713470 i 4 100.00 | vided their paying.tellors with stacks of gold 482.20,08¢ 430,081,009 | ononglito satlsfy any possible demand, ond azs01,613 539,077 | Al tumed in these stocks practieally un. THE 4 PRR CERTe, - The subscriptions to the 4 por cent loan to-day aggrogated 38,500,150, ‘The abova is the largeat amount aver received in one day, $3,000,000 being the greatéat sum ever sub- scribed in a siuglo doy Leretofore, Ths large amount subscribed for to-day ia prob- ably on account cf the recent eirenlar of the Bucretary of the Treasury allowing commis. elons on subscriptions for sald bonds. coINAGE. ‘The total colnage of the Unltad Btates Minta for December was 5,948,100, ) . - -8ILVER RULCUABE, 5 ‘Tho Becretary of tho.'A'rensury to-day pur- ohased 400,000 ounces of silver bullion at satisfactory prices. The number of bidders ‘was not 0 large ns usual, but the quantities offered were greater than in previous bids, A circular fraued by the Troasury Depart- ment todoy wnkes the ewght-floriu gold piece the mouctary unit of Austrin, instead of tho ailver florin a8 herotofore, This will put an end to the trouble for some time ex- isting by which Anstrian imports appear to Lavo beon couslderably ovorvalued, A 810,000 1AL, Ta-day, between 11 and 1 o'clock, a thief entored the Governmont Printing Offics, aud watching his apportunity took from the safe of tho disbursiug clork a package of enrroncy contalning 810,000, futended for paying off employes and for tho purchase of material, and made Lis escape without observation, Dotoctives wers immediately put to work, and it is thought the money will soon ba recoverad, touched. This was notably the case in the §irst National Bank, Ita resumption was sccomplished, in fact, s woek ago, whon it mot average daily demands for gold of %100, 000. Yesterdsy the gold’ drafts by country’ banks aggregatod but 40,000, whils the gold, paid over the counter amounted exactly, to $42,000. The samo state of affairs, coupled with confidence in the pormanenco of the flnancial revolution, is roported by private baukers. Indced, dealers in bullion say that, for- weeks past, there has besn ‘stendlly flowing in to them a stroam of silver “¢oln of"old dsts; showing that ¥ s + THR OARDRRS Z are becoming convinced that coln is no long- er the only safo shape of monoy. The T¥mes' interviews with all the leading bankers show that not one of them doubtls the permanency of resumption, or belisves that anything but stability, confidence, and other good results will follow. Prosident Vail said: ** As soon a8 people find they can have gold or papor just as they chooso, everybody will want paper. Tolay we are paying off #1300,000 Western city Londa payable principal aud intorest in gold. Every perion who hna presented bonds so far has proferred onr currency checka. The foeling 18 unanimous~ ly one of rejoicing.” LITTLE DEMAND YOI GOLD, Tathe Weatern dsoclated J'ress. New York, Jan, 2.—0f 825,000 recelved at the Custom-Houso up to noon, in ; pay. mont of dulles, the bulk was groenbacks, and at tho Sub-Treasury up to that houronly #2,600 in lognl-tenders had heen exchanged for gold. Tronsurcr Hillhouss was prepared to meet the probable rush for gold, but the demaud was vory light, while in many instances greenbacks were proferred. The first de. wand was for §210, but not another dollar in gold was paid out for half an hour. Within that time thero were a half-dozen spplicants for sums less than $50, but, as no paywents are mado under that amount, they wore refused. National-bank bills were also offerod, Lut wero not taken, only legal- tendors boing exchinngeable. A COMPLETE sUCCESN, Gen. Hillhouse, United States Bub-Treas. urer, states that rosumption,~so far as the working of his office was concerned, had been attended by the most gratifying suc. cesq, and that there appeared to be no de- waud for ooin, the payments thercof in exchange for paper bolug very insignificant, Up'to % o'clock the Sub-Treasury had re. ceived over $300,000 in gold iu oxchange, for which were issued legal tendors and cor- tifleatos of deposit, while, on the other baud, it wos stated that the dlubursements of colu for the day would not amount to over $125,000, Flags are flying. everywhers because of resumption, Yet there Is nothing at the Troasury, tho banks, nor at any of the ex- changes to make the day different from or- dinarily dull days. THR KU3H TUAY DIDN'T COME. Bpecial arraggements, suiclent to meet any deinand, bad been made at tho Sul- Treasury to pay out gold for legal-tender notes. The clorks In chargs of the new de- partinent oxpectod to be very busy, but they have very little to do, oven to the closs of the day's busluess, ', %o DirrERENcE Reports from loading buuks sgres that the amount of gold coming iu to then: s lasger than the amount goiugout. Neither the bauks, in domestic or foreign transactions, nor foreign Lankers, nor even speculaturs, mako sny difference to-<lay between gold and legal-tender apd Natioual bauk notes, ¥ TUE GOLD ROOM, Iu the Gold Loom, the dealings in gold have given away to dealings in United States bouds, the latter being all the basiness now done in that hall. COXGRATULATION, The Chambor of Comunerce, to-day, adopted rosolutions felicitating the commu. nity upon resumption, congratulating Becre. tary Bherman for tho success of his polioy, recoguizing the action of the city banks jn co-oparating with the Treasury, and thagk- ing Congress for the establishment of a Na~ {oust Banking law, A resolation wes also SILVER DOLLARS, Orders for 32,000 standurd silver doliars woro recetved ot tho Treasury Department to-dsy. ‘Lhey will be delivered free of cost nnder the circular which wont into effect yosterdny, " TONACCO TAZ, The receipts of the tax on tobacco de- clinod during December $49,315, as com- pared with the correspondiug month of 1877, This s attributed to the agitation of the tax question, Notwithstanding this do- creass, there was a net gain on the firat six months of the preseut yoar of £v2,470, as compared with the corresponding period in the previous flscal yoar. NEW YORK. A PALSE PROLURT. Bpectal biaaich (o The Tridune, New Yous, Jau. 2.—Only six wonths sgo, when the debate in Congress on the Bilver bill elicited wany prophecics of the failure of the Government to resume apecle-pay~' wents Jan, 1, 1879, the Presidont of a prominent Wall street bank declared at a meeting of bank Presidents that, should the United States Treasury persist in its en. deavors to rvsue, ho would give $50,000 for the first place in the line of those who would present themsclves on resumption. day to exchangs their legal-tenders for gold. Fortunately, he was abseut from busi. ness to-doy on account of sickness, aud thereby escaped the mortification of the acceptance of hisill-advised offer to-day, Alihough a financial revolution of far.resch. iug influence and import was iu progress, tho, ouly difference apparont in events from thoso of the past fortnight was the general disin. clination of the public to receive gold in pay-' ment of aocceptances, At 10 o'clock thia moruing, the hour for opening the Bub- Treasury, 3 A SALUTE WAS FIRED from tho Brooklyn Navy-Yand in honor of tho eveat formally to take place. Simul- taneously flags were run up on staffs sur- mountiog nearly every bauk in the city, ajl commercial buildiogs, and the Government ofices, Tho vicinity of Wall ‘and Hroad streels was gay with busnting. Almost every bullding ss far as the eye could resch displayed its separute banuer from roof or from window. The top of the Qustom- House was covered with flage, Among the members of the verious commerqual and financial bodics, aud swmong business mon generally, the sentimonts expressod in these outward tokeus of rejoiclng met with most hearty vympathy. There was B0 $xcitemont, bgl rather s deep-seated foel. jug of satisfaction, and of confidence in the Government and the future. Resnwmption s In the vaults of the building wero /by amending tho existing er limit the coinage of thy silver dollar ts n3e as Jegal tender, INTERESTS AND DIVIDENDS. New Yorx, Jno, 2.~To-day is ** invosters® day " in Wall street, and tho Goneral Govarn. ment, New York City, the bauks, the insur. “anco companies, the railrond and ‘othor cot. porations emphasized the now year by pay. ing ingold to all who desirod tho semi. annual interest and deolared dividonds. It is noteworthy that a decided proferonce is given to the paper money. It is mora con- venlent to handle, and just as convertills and acceptable. . LS AT TND CLEARING-ROUMS, clearings wore conducted without any distinction between gold and paper. At the Btock Exchange the gold depart- ment was abolished, and any quotation for gold forbidden in fature. 'fhis “aftornoon the gold dial, which for so . many yenrs has indicated the changes in the gold premiom was taken down. i : THE GANS IN THE OLD GOLD-ROOM, . Some of the mon about tho Gold-Room, the most of whose business ‘lives has heen identified with tho traffic, looked very much disconraged. Tho Acone was Almost laughable, as men who had entertnined o hope that thero might be a small lpacnh!h-.n or at IPast' a loan market after to-day, sat down and gazed at the word *par” which stood on the blackboard in the largest letters that that faitbfal conveyor of infor- mation would bold. Register Mersercan sat Lebind the desk which he Las oceupled for fourteen years in the Gold Exchange and Gold Room 'jointly, but bis day's work was sunwmoed up in the line, * Gold, W & ., 100, flat,” for nothing bad been added to it. There was not a sale and not n quotation. At twenty minutes to 12 o'clock *T've orders from the Governiug 0, to shut up shop, and here He dictated to a reporter, “Gold flat, at par, and no aales.” ‘Then he thombed the yellow ivory keya of Lis own jnstrument in a°‘reluctant way, pulled the sliding cover over them, shut 'Lis - desk, and, as ho slipped the key in his pock- of, added: ¢ ‘There, you've seen the end of it. Nobody wants gold, and those who want to soll it can't get cash at the banks or Treas. uary.” = s il CINCINNATI. 5 EVERYBODY HEAUMES BAVE TS GOVERNMEST. Bvectal Disnateh to Tae Tribune & Crxorwwatt, O., Jay, 2.—Specie paymeuts were resamed by the Cincinnati _banks with. out the least excitement or trouble, Nearly all the banks had mede proparations for thn ovent, and'were ready to pay gold to thoso desiring it, Nobody, however, seemod to want it. . Tho entire.amount paid out is ascertained to havo boen £3,000, and . por. tion of this was talen for special. pnrposes, such as paying off hands In mennfacturiig cstablishments; ' One mercliant was offardd a 85,000-bag of gold {n payment of a alieck, ., bnt he refused it, preferring carroncy. Soma dissatisfaction waa heard at the Bnb-Treasury nt the refusal of tho Government to . pay tlie interest on boud: in gold, . 5 v A8 LIBRETOYORE. . This is in purcusnce of a recent order of Sccrotary Sherman, which requires bond. holders who want tholr fntercat in gold to apply to the Bub-Treasury iu New Ymk. All coupons prosented to<lay were pahl in greenbnoks, One banker was heard to ea- prosa an opinion to.dsy that the Lanks Lu? overdono their preparations for paying in gold, and wero likely in some cases to have niore of it on hand than they could cona veniently dispose of. PHILADELPIITA, NOT 48 MCCI GOLD TO BN 1AD A8 USUAL, apecial Dispatch 40 Tae Tridune. Puruaperrnm, Pu, Jan. 2,—There was little or no call for gold to-lay, aven lory than oo somo days last week, whon employ- ors were supplied for paying off hnods, but thers was' a good deal of fecliug manifested at tho Bub-Troasury when gold was refused in payment of coin checks for interost on registored ‘bouds, Holders had always beon paid fu gold horotofore, aud to ba told that thoy could not have it to-day was aggravat- iug. Thoy made it very hot for the clerks and Asdistant-Tronsurer Eyster, and he was GLAD WHEN TIE DAY WAS OVER, ‘The Phlladelphia banks are in pretly good condition, bolding as they do $2,401,524 in spacte, whicl is mora than they have had at any statoment for two or three years back at least. Tho Philadelphia National Lolds §600,000 of this amount with only £720,000 ciroulation, and the Girard, with a ciroula~ tiou of little moro than $300,000, haa %228, 000 in gold. The Natioual Bank of the Re- public bas only $3,000, wilh a circulation of alinoat $500,000, TOLEDO. NO GOLD WANTED. Apecial Dupated 10 The Tritune, Toreno, Jun, 2.~—There was nothing to speclally mark the resumption of specio payments here to-day. Eschaf the bauks hiad provided itself with a few thousand dol- Jurs in gold, and several of thew professed thoir readiness to pay elther ocirculation or depoaits in gold if it whould be desired, but, up to the closo of business hours, thero had not been to exceed §CO0 paid out.: Threo huundred dollars of this were in one payment. A few hundred dollars Lave been paid out during the last few woeks, apparently nedrly ALL FOR CHHISTMAS PREIRNTS, The saviuge and- private bankers havo been offering thelr customers small amounty of gold for.weeks past, but have found some. thing of a reluctance ghout taking it. - The xavingd bank depasitors particularly scemed susplolous of the money. 'They were at & loas where to look for the distingtive mark ' of its value, did not know how to tell whother a plece was $5 or $10, and general. ly ended by bandiug it back and asking for bills instesd. It is jmpossible that there should be any considerabls demand for spes cle, ¢ INDIANATOLIS, JUST 45 mAsx | N Byecial Diapatch 10 Tas Tribune & Inpuxarouts, Ind., Jan, 3.—The day Lss been extremely ocold sod business prac. tically suspeaded. Very littla:.interest way taken in affaira touching resumption, but & tour amoog the-banks and business bouses showed everything passing off quict- 1y, aud 18 though nothing unusual had hap- poned. The banks kere hold sbout §50,000 - of gold,but none has been called for-of any { consequonce. The fecling among "busivesd 4