The New York Herald Newspaper, December 7, 1865, Page 2

—. FINANCIAL AND COMMERCIAL. aye pele te Wepsespar, Dec. 6—6P. M. - 80% 800 On the Stock Exchange this morning the mane of ‘5000. e foo the susponse with which the President's Message 500 NY Cen 6's, 83 9034 Oe sich, Con RE w00 138) ‘Treasury .Roport were apes — meee Ny Ge > | See eee Se $09 ich 84 In 716%. f transact! e-gencral improye- D emeaes pooper ag AU RTHagte te §5. 400 Clov & Plits RR. 94 ment of prices. At thé early session of the open board New York Central sold at 98, Erie 92%, Pittsburg 04%, 3300 do. old Southern 76, Northwestern 26%, Schuylkill Coal 200 Company 1134, Mariposa 1534, preferred (b.10) 21%. At = the first regular board the market was strong, and Ene = closed % higher than at the second board yesterday, ry Reading %, Michigan Southern %, Cleveland and Pitts- =. burg 1, Northwestern %, Rock Isiand %, Fort Wayne 500 2000 Ch 4. Mariposa preferred sold at 21%{, Government secu- rities were stronger. Coupon five-twenties of the old ae ns 4 issue advanced %. Seven-thirty notes were steady, 300 oven oe At the open board at one o'clock the market was less ‘30 Mil&PrduClstpfd 102 active, and prices declined 3 a 34, operations being de- Cy say “anand 108% ferred in view of to-morrow being Thanksgiving Day, 500 do... 34'cali 1065 600 do..... b30 106: when, as a matter of course, there will be a total suspen- gion of basitiess. ‘At the second regular board the market was steady. 300 Alton & Tiiau RR 44; Hudson River closed 3¢ higher than at the first board, MP BOARD. hi Pittsburg 3, Cumberland 3%; New York Centra! was 3 | 5000 U 8 6's 81 cow 107 Croce lower, Erie ¢, Michigan Southern §, Northwestern %, | 10000 US 6's5-20 '62c Canton X. Government securities were higher, partly ee : ae tndor the advance of five-twentios in London to 64%. | Snoeg = 004 ‘The latter of the old issue rose 1 per cent, third issue | 35000. or m% 945 3. Seven-thirty notes were unchanged. 10000 ry BS At the open beard at half-past three the market was bee 10% 134 finn, . Erie closed on the call at 927%, New York Central | 30000 28 ax 97%, Roading 117, Michigan Southern 75%, Rock Island ep cha Caton Co... vo 2 107%, Northwestern 36%, preferred 65, Fort Wayne 106, | “59 ss 2 ae Ohio end Mississippi certificates 28%, Cahton 46,-Cum- } 600 “x 100% Doriand (0.9) 45, Schuylkill Coal 11%, Mariposa 16, | 200 $i 1s Afterwards, on the street, the market closed dull but Steady, | 2 Gold was weak under the reassuring influence of the Message with respect to Mexico, and after opening at 148 it declined steadily to 146%. Seven per cent upon the currency has to be paid for having coin carried. Foreign exchange was dull, and bankers’ bills at sixty days were quoted at 109 a 34. The money market was more active to-day under an increased demand from the Stock Exchange, but the sup- ply was abundant to good houses at seven per cent, OITY COMMERCIAL REPORT. Waowrdpar, Ded. $—6 P. M. 25,276 do. barley. A fair demand pi Western flour, but prices, notwithat and-the market closed lar The sales reached 9,500 bt subjoined. bbls. Canada flour was quiet at a decline of 50. a 10c. ‘a 20c, lower. ‘There is a littie more doing in discounts, but the rates | Gujer, and prices ruled irregular and somewhat lower. are firm.’ Commercial paper of the first class is quoted | We note sales of 160 bbls. Cora moal was inactive and at 7 a9 per'cen: and of the second at 10 a 15. eee mere weaker, with more liveral arrivals. ‘Tho President’s Message and Treasury Report have Buperfine State and Western flour.........$7 20a $7 50 Deen freely referred to on the street, but opinions were | Extra State... 7950 816 #0 little divided as to their conservatism that they ex- anes Sele sspasiondnes laos . me ‘ 2 cited no controversy. The recommendations of Mr. Mc- | Extra round hoop Ohio. 8 50a 8 70 Culloch respecting contraction were nothing more than the | Western trade brands 8 808 10 25 public mind had been prepared for, but even if they bad Lampe Lye f bs : = Deen: more radical and decided they would have exerted | Common Canadian 8 00.2 830 little if any disturbing influence upon the course of | Good to choice and 8 85a 11 50 affairs, The action of the government with regard to pan come, Oracene — pres the finances is known to be too much controlled by the | Gorn meal’ Brandywine... 4600 — — -debt itwelf to undergo any sudden change; but the evi- | Corn meal, Brandvwine, puncheons % 00a — — dont desire. of the Secretary to restore the currency to @ sound basis as foon as practicable was com- mended without exception, as also his clear and ingenuous exposition of the condition of the affairs of his department. It was, however, considered by those best informed upon finance that he attaches an undue importance to the funding of the cur- rency. He says, for instance, that it will not be neces- gary to retire more than one hundred, or at the most two hundred mullions of plain legal tenders in addition to the compound interest notes “before the desiret! result will be attained,” by which we infer he means the Tesumption of specie payments. Nothing, how- Milwaukee at $1 77, about club at $170 a $1 72, 5,000 was in fair demand, ‘but rates ruted in_buyors’ favor, and the market closed full prised 90,000 bushels at 85c, 03c. for unsound, 940. a 95c. for sound mixed Western, and 96c. a 953,¢. for high mixed nearly yellow. The transact Mmited and quiet and heavy. and nominal, with a declining tendency. ‘Corron.—Recel} 6,869 bales. The market was vory closing quiet, We quote: ever, could be ‘more mistaken. His suggestion in Florida. Mobile. N.O.4T. favor of funding the floating debt deserves attention; Sa -3 9 8 aT 37 for the clef embarrassments of the Treasury during the | Lo*. Cah by '< “ rs noxt three years will arise from the maturity of securi- middling. * 60 6 51 52 ties at short dates including the seven-thirty loan, Es- | Corrnn was inactive, but prices were without timating the total debt on the 1st of July noxt at’throe | {iiN™ varie 4 moitierato Jobbing trade was done at thousand millions, the interest on the same, if funded were steady. The exgagements wore:—To fmto bonds bearing five per cent interest per annum, | Liv l, 1,000 bales cotton, 6-16d.; 50,000 bushels erpoal, wheat, 64. a 74, ; 600 bbls. flour, 1s. Por steamer, would be a hundred and fifty millions per annum. ‘Now, if two hundred millions per year should! do. peas, 7. To be ‘applied, in half yearly instalments of ono | wheat, 84. ; 200 tiorces beet, bundred millions each in payment of the accruing inter- est and in reduction of the principal,’’ he argues that the ‘whole debt would be ontirely paid ina little over twenty- ‘per steamer, 25,000 bushels 6d. ; 300 bbis. flour, 2s. Tho (e.; "a Bremen ship, from Philadelphia to Bremen, $a.’ 9d.; an Italian’ bark British brig to St. ymit B5c., Nd, eight years. Tho great difficulty, however, will lie in | * ce 0, + Gold, per funding the debt into bonds at this rate. ‘His reasons | Sorin ant heats thew Tok, Sat ag for the non-taxation of governmont securities by the | to West Indies and back, $200, ‘half gold; one to the States individually are good; but it is an open ques. | Windward, $1,400, gold, and back from south side Cubs, o1 vate te: British bark to” a _ tion whether the stocks held by national banks bee ; & Russian brig to Matanzas, 1 G00, rola? a see’ pught to be included in tho exemption. He | ner to St. Stephe: ca flour at 46c, and corn at 8c. ; 2 ay Se Apalachicol 1k, cotton, at 13¢c.; onefrom ‘St. Marks.to New York, cotton, at 13°. ; a schoover to Savannah and back, $5,000; a brig to Charleston, $850; one from Wilmi 'N. G., to New York, lumber, at port, flour, at 40c. ; « British brig Rico, a schooner to Manzanilla and back, a Bri- tish bark to north side Cuba and back, and abrig, samo voyage, on private terms. : oppor ond 2 bales. The market§was steady, with a fair de for consumption at previous prices, Maina a was steady, with sales of 75 hhds. Porto Rico Pi rs - . 597 do. beef, 1! packages cut meats, 1,618 do. butter, 75 do. choese, and kogs lard. Pork was again unsettled, opening weak and lower, but subsequently rallying under an improved * demand, ‘and mess pee firm at $28 25, cash. The Petroleum stocks were irregular. At the first board [| sales were to a fair extent and mostly for present de- Pithole Creek closed 30c. higher than at the same time | livery, comprising 9,000 bbis. at $27 75 a $28 50 for moss yesterday, pelling at $13 75; Excelsior 25e., solting at | £% 15 9 $26 for prime mess, including 600 bbls. new $105; ‘onnehof Run #0c., selling nt $16 80. Oil Creek | The demand for beef was limited and prices ruled fower, was 30c. lower, selling at $195; Kentucky National | The sales were about 450 bbis., at $10 60 a $13 60 for Petroleum and Mining Company sold at $1.30, New York, | PiiD mess and $14. $17 for extrn moss. neg Philadelphia agd Baltimore 70c., New York and Newark were quiet, with gale8 of 160 bbis. at $34 50 a $35 60. Bacon was entirely nominal, with little or no business. Pithole Consolidated $270, Buchanan Farm 66c., Brad- ley 60c., Empire City 60c., First National 46c., Manhattan Cut meats were dull and heavy. The sales were about 200 }, At 18c. a Lb. for shoulders and 15c. a 19c. 45c., Oceanic 47c,, United States $24 60, Webster $1 25, Canada Gopper 80c., Walkill $1 95. for hams. Lard was duli and lower. The sales were about 600 packages, at 17c. a 21%4c. Butter and cheese were very quiet and aimost nominal. ‘The reduction of the Bank of England rate of discount,| gif ere Out to six por cent, preceded by an increase of its bullion’ of £778,000, das exerted s favorable influence upon securi-* Receipts, 3,758 bbis. , With a fair demand for both crude and refined. ties in Eugland, and on the 24th ult. Illinois Central rose to 83 a 83% and Erie to 67 a 67%. stoady, The sales were about 5,600 bbls, mainly at 41c. a 42c. for Tho following were the exports (exclusive of specie) crude, on the and for all this month; 673c. a from New York to foreign ports for the week ending btrenuously urges a plan to compel the national banks to redeom their issues at New York, Boston or Philadelphia; for ho remarks it is important that inexperienced bank- ers under the national system should learn that their otes are not money, but promires to pay it. Thero is an unusual degree of similarity between the report of the Secretary and that of the Comp- troller, and the latter is nearly as wide in its woope as the former, the Comptroller being evidently anxious ™ oxpress his views generally upon the finances. His recommendation to remove the Our- rency Bureau to'New York, if acted upon, will probably be @ move in the right direction. 68340. for refined, in bond, on the spot and forall thi montb, ‘Rice was dull and heavy, without business of impor- tance to notice. 80G4R.—More inquiry was noticeable, and the market in almost evety reapect was somewhat firmer. The December 4:— salen wore 105 hhds. Cuba muscovado at 1330. a 14%c., . 1864. 1805, ‘und 100 boxes Havana at 1234c. ; also 200 do. at 14%c. For tho wook.... $3,998,585 $5,618,019 | Tonacco.—Receipts, 19 and 72 bhds. “All Previousiy reported. 198,508,869 150,805,778 | descriptions were quiet. "es wore without material —___—__ -_-____ | change. Tho salos wore 25 bbis. Havana at 9fc., and 25 Since January 1.,....... $202,502,454 $156,423,797 | cases State seed leaf at 26c. ; also 64 hhds. Kentucky at 14 ge. & 190, Tarygw’ was inactive and lower, with sales of 60,000 Tha. at"l3 760. a 14Ko. Wurexry.—Receipts, 180 bbis. The market continued dull, and prices were again nominal, with an occaaioual gale at $2 34 0 $235. ‘The business at tho Sub-Treasury to-day was as fol Intelligence: , of the 16th ult., says:—His The quantity of four, wheat, corn amd barley tefl at | Malerty, Maximilian I. has, sppointed General Emilie Mdewater during the fourth week in November in the of Sonora. General Langberg bas been near thirt; oars 1864 wud 1465 was as follows: — vand | alt tie er the service of Mexico, and has risen through all the gra- Plour, bole. Wher dations of rank. His long service, added to his scientific yes ‘“irkoe Are ber Bar'r }-} acquiremonts, renders bisa most suitable appointment, 865... 62,00 752,800 806,700 857,300 William Chambers, the Scotch publisher, has been — — pay elected Lord Provost of Edinburg. Inc... 20,800 Inc. 252,500 Ine. 717,200 Ine. 81,800 bic of Paragaay is now said to be mainly The ruled by an English woman, with whom President Lopez became acquainted in Loudon. = Attention is now called in England to the proceedi of some of tho tribe popular!; Keown by the ppellation of “Death-bed Artists” in London. Two or three in- The aggregate juantity of the same articles left at Vide-wator for ve commencement of navigation to the 80th of Novem inclusive, during the years 1864 and 1805, was as foliows:— Por, bel, Wheot, bu. Corn, tu. Barley, bv, | ferior scul went down to Brockott Hall just previous "200 14,505,700 9,281,900 rth to the of Lord Palmorston, hung about its precincts 300 9,404,000 17,313,100 4,000,900 until he expired, and then coaxed ¢ of the relatives of the deceased to allow them to {ike a plaster cast of the face, thus disgusting by their heartlessness a véry Dec. Dy recuciug the wheat to ‘tour, the quantity of the | 8" class of the people, and bringing a merited censure Battor leita: tle water this year, compared with tho | Cmnceve? allowed a lh ea alta el 100 Dee. 6,404,200 Inc. 8,031,200 Ine. 1,147,900 corresponding period last year, shows # deficiency of ‘1,846,240 bbis. flour. . ‘The following comparative table shows tho quantity of fome of the principal aicies of produce left at tide ‘water from the commencement of navigation to and jn- luding the 20th of November im the years indicated: — “anenee * Mr, Bigelow, United States Minister to 1 029,200 ing @ few days in England with his % aitetioe Bright, whither Mr. Bigelow loft (says our Paris corre. 9.281.900 Spondent) to avoid attending the “ "s mocting,"' 2,353,000 orto fora few days from importunitics of 11,272,000 Bhoddy, Mons. and Madame Petro. "592/200 leum, who are ali dy boring tim for pre- sand at the Tuileries during the coming season, byte ‘Moras op MM. —As will st9;600 Seavcnt coure, tmoosnen a t bite now .in in this itis boyy (almost saulrely, "made up of “divorce Sasee, ‘Bristol tee im this regard, ia not peculiar, Thi the 100 tate same is true. It in certainly @ fect, 228, ‘@ state of morals not at all to the credit of the ‘were ever brought to the notice of courts, and these ‘wore of rare occurrence, —New Mercury, Now. 16. Banansturra.—Roceipts, 26,187 bbls. flour, 2,750 bags corn meal, 108,930 bushels wheat, 149,496 do. corn, 124,641 do. oats, 14,174 do. rye, 14,208 do, malt, and railed for State and ing, ‘again declined, and 16c at our revised quotations Southern flour was lower, with sales of 400 The sales were about 300 bbis. Rye flour continued —For wheat the demand was moderate, but at rather declining prices; the sales were 10,000 bushels amber 30,000 bushels Milwaukee ‘bushels old winter red Western at $2, and 7,000 bushels new do. at $1 70. Corn 1c. lower. The sales com- tions in oats were ces were drooping, with sales at 46c. a 50c. Cor unsound, and 60c. @ Glc. for sound. Rye was Malt was dull. Barley was inactive irregular and only moderately active. The sales were about 2,600 bales at our quotations below, the market 30,000 bushels wheat, 7d. ; 7,000 do. corn, 6%d.; 7,000 London, charters are:—A brig to Cork for orders, grain, Bs, 34; a bark, same voyage, excluding west po tangee g beer yi Naplos, tobacco, 358.3 The market was General. Receipts During the War Greater Than for Any Years Before. eo, he, &e. Posr Ovrigs Duramtunst, Nov. 15, 1866. CON DITION. FANANOIAL . revenues of te, denaremene for the Peng a Ew , ane $44,066, and ‘ae expe: yor: 7 per cent, and 1p do) y seurplus Tevenue was compared with ite Add amount to of the fu States lately in rebellion........ 758,778 Appropriation for free matter..... 799,000 7 dee “ ‘49,470,543 Lear 4 deficiency of. seeeeees $1,207,057 rgb wero er NE years, under acts of amounting to $2,100,000, are unexpended. It will necessary, eee make special from thé Treasury for steamship service between San Fran- cisco, Japan and China for six months, from bey quired, as ‘he Lmeipry Pay to June 30, 1867 f... $250, Also for steam: if United States and 1 for eight months of the cur- rent year, commencing November 1. + 160,000 And the whole of next year .... TOU. 0. ce ceeceeesseeeeceecesseesecesssseres ‘The mumber of postage stamps issued during the year was Nia7. 419,455, Topresenting. . .. $12,099,767 Stamped envelopes, 25,040,425, representing... Stamped wrappers, 1,165,750, representing... Maleihg in all...... 2 An increago of $1,873,108 over amount sold was $12,399,727, being $1,023,138 more than the previous year. REQUEST STAMPED HNVELOPES, ‘The shtroduction of stamped envelopes besring @ re- quest for the roturn to the writers of unclaimed letters has considerably increasou the gale of envelopes, and is believed to have, diminished the returns to the Lotter office. Business cardg are printed on envelopes without addi- tional cost, when ordered in quantities not less than one thousand for the same parties, ‘To encourage the purchase of request envelopes, the law should be chat ‘80 ag to allow the return of such letters to the writers free of postage. ‘As stamped envelopes are cancelled by use, and thero- fore safer against fraud than those with stamps attached, it is submitted whether the Postmaster General should not bo authoriaod in his discretion to furnish thom as tho separate stamps are now, without reference to the cost of manufacture. NEW STAMPS BBUPD. Now stamps have boen adopted of the denominations of 6, 10, apd 25 cants, for prepaying postage on packages of newspapers forwarded by publishers or nowsdealers under the authority of law, wheroby a revenue will bo secured hitherto lost to the department. ALLOWANCES 10 POSTMASTERS RORVED BY ARMED MEX, Under tho act for the valsek of pomesenters who havo beon robbed by bodies of men, seventy-seven cases have been decided, and allowances made to tho amount of $4,207. ‘ Ci a sr pipes sted 1631 to 1865, Appendcd het is a tabular statement oxhibitang the annual receipts and expenditures of this department from January 1, 1831,-o June 30, 1865. Th results are ‘a8 follows:— Gavin -$200, 244,748,861 poss sae, Deficit..........++ «s+ $44,436,987 ‘Averaging as follows: 141 per annum; expenditures $7,004,170 per annum; dedolt, $1,288,028 per annum. CONTRACTS, ‘The mail service in operation on 30th June, 1865, em- braced 6,012 routes, of tho aggregate length of 142,340 miles, costing $6.246, 884 (exclusive of compensation to Toute and other agents, amounting to $556, Railroad, 23,401 miles, costing. . ‘Stoamboat, 13,088 miles, costing. Colority, &c., 105,851 miles, costing, The mniles of 67, 11 cents; cents, The increased — of routes was 3,168 miles; of transportation, 1,678,137 miles, and of cost, $428,415, For other details 9f the contract service see Appendix, zs LINGOLN Os Stag th $90,000 Ui tage Company, %t the rate of perannum. Under proposals for continuing the sorvice until 1866 and 1868 the only bidder was the same company, at $250,000 per annum, which, being as Excessive, Was rs only to June 30, 1865, for the purpose of again inviti competition. This was done advertisement, Gated October 12, 1864, under which the California Stage Com- pany was again Lge peer 000 per annu! which was declined. e service was, however, off to the contractor for another year at the compensation of $200,000 per annum, which was refused. Arrangements were then made with responsible parti mail at $225,000 per annum toJune 30, 1666; after which ‘tis hoped the service wil ‘be performed at more reason- rates. OVERLAND SERVICE. ‘The overland mail service from the Missouri river to Call- fornia is performed under two contracts, one from Atchi- son to Sak Lake City, and the other froin the latter place to Folsom City. On the western division tho service has been performed with reasongble regularity, while on the eastern portion it has been more or less irregular, owing, as alloged by the contractors, to high water, bad . and hostilities of the Indians, inting tho expec: tations of the department as to value of the ser- vice, RAULWAY POST OFFIOES. Ratlway post offices have beem established on several Jeading railroads, and arrangements are in for their introduction on other lines, The result, so far, en- courages the hope that the system, by accelerating the transmission of cot dence, and lessening the num- ber of distributing “ will beof permanent advan- tage to the postal interests of the ¥ The work of prepari soe Toate inder th ie work o ing post route maps, under the propriation of the last is progressing fever, ably. i PINKS AND DEDUCTIONS, The net amount of fines imposed on contractors, and a made from their pay during the year, was MAIL BAGS, LOCKS AND ETE, and cost of mail The number, description ‘bags, mail locks and keys purchased, appear in a tabular statement annoxed. e. increased ‘expenditure for bags, com- tage previous years, was owing to the wants of 0 army and the increase of free printed matter. RESTORED FRRVIOR IN BOUTHRRN STATES. The number of routes ordered ynto see, in States lately in rebellion ig 241; their Téngth 1 040% miles, and compensation $721,049; a reduction, com) with former cost of service in those States, of 109 per annum. ‘This, however, results in part from reduced service, which, if increased to the standard of trequency — to the war, on the prosent rates of pay, the cost would be:— For railroad service $650,062, instead of $089,365 per annum. For “star” service $206,848, instead of $320,026 per annum. For steamboat service, which having been 11 estimated at former number of trips, is $63,601, ins of $293,668 per annum, making the rola forall the service’ $890,404, instead. of $1,005,608 Bialerens showing an aggregate decrease pro rata of 056 per annum. ROUTRE ADVERTISED AND mails nv West he sng North Cerohen nf in ‘eat ‘arolina ted Florida, from Seneery 1, 1866, to June 30, 1867, Number of routes advertised tain railroads, and routes Advertisementg have FORKIGR MAIT, SRRYIOB. ‘The general results of the foreign serviceare ea fol- lows:— The inland and foreign, Saseud te $1,819, ged is fren out, ‘accrued on the font gel with Great Britain, 187 on the malls with ike Britak Wort ‘merican Prov! and $06,200 on tho mails trans. mitted to and from the We indies, Central aad South America, nat SOCHRNE SR Eee inland, On the exchanged with Great PS pa a And on Weet Indies, Central and South American OORAN TRANSPORTATION. The cost of tho United States trans-Atiantic service Derformed by steamships recetving the sea vovtawe cale 4 “oe ws - we OOMPRNEATION FOR By existing law no provision ts made for comavenesting: sailing vessels conveying the mails to foreign ports. It is recommended that authority bo given to the Post- master General to allow such vessels 60 employed com- pensation not to exceed the soa postage. POUOY OF THK GOVERNMENT IN RESPECT TO OORAN SERVIOR, Prior to June 1, 1651, three lines of rr stot ships were employed in transporting the mails from Europe, Tecelving subsidies under special Ae of Congress amounting to 2 208,000 per annum. The New York and Liverpool (Collins) line recelved an annual subsidy of $858,000 for twenty-six round tripe, tho New York, Southampton and Bromen lune $200,000, and the New York, Cowes and Havre line $160,000 for twolve und trips each per annum. the contracts with the Bremen and Havre linos expired on the 1st of June, 1857, and were not rel ; Dut temporary contracts were made with the proprietors to continue the service on both routes for the United States ‘on the mails conveyed, thus inaugurating a Bystom of self-sustaining ocean’ mail service, subse- quently adopted as the policy of the government, by act @f June 14, 1858, limiting the compensation to tho sca ‘and United States inland postage when the conveyance is by an Amoricap, and to the sea postage only when by a foreign vessel. The eevice of the New York and Liverpool (Collins) line ceased in the month of February, 1858, since which time the mails have been carried between those porte for the postages. In 1858 the average earnings per round trip of Amort can steamships, receiving sea and inland postages, was $7,125 between New York and Liverpool ; $6,621 between New York, Southampton and Broimen; $7,491 between New York, Southampton and Havre. I ¥! American steamers received $199,261, averag- ing ; and fc steamors, employed as United States inail packets, $125,349, averaging $4,730 per trip. In 1860 yarn ‘pleamers recoivod 149, averag- ing cian foreign steamers: $147, averaging 8 10% J ‘american steamers ived $167,174, averag- ing $6,833; and foreign re $236,718, averaging ES ‘740 per trip. , in 1862 American steamers received $33,509, atorag- ing $5,584: and foreign steamors $235,' averaging 094 per tri; in 1605 the ‘entire trans-Atlantic sorvice was performed a sloamers, at the sea postages only, receiving 184, an average of $2,516 per trip. ‘In 1864 the carnings of foreign steamors were $371, 740— an average of $2,705; and in 1865 $405,479—an average of $2,970 per trip. During the rebellion American steamers engaged in the carrying trade between this country and Europe were withdrawn from service, resulting to the advantage of foreign lines which continued their regular voyages; and while the subsidies granted by Great Britain to the Cunard line, and by Franco to the line recently estab- lished between Havre and New York, materialiy aided those lines, it docs not follow that they would not have been self-supporting, and even remunerative, without fuch aid; neither has this dopartment information war- ranting the conclusion that American lines would not haye. Bey wustained during the same pom under the i of law allowing the United Btatey Compensation for the gervic - The subject of subsidtziog yee Mines to British presented to Congress at ite approaching porta may be session. . Although in the last report the policy was com- mended of gran’ incidental aid to certain classes of new routes, as those to Brazil and China, no prey mggr he the system, be ae uy ee earnin, was pro) in favor established iin ol The resu! of this system in regard to the service on new as woll as old routes are encouraging. As to the new, stveral lines have been eatablivhed since the close of the war, to which less than the posiages have been allowed. As to the old, applica- tion has beon made to resume service by ican steamers between New York, Southampton and Havre, for the sea and ii postage, as heretofore. Other lines to Great Britain ate pt ; one of which, be- tween Baltimoro and Liv: ig in operation; and it is believed that our citizens difectly interested in ocean steam navigation will establish lines at no distant time to all the important commercial ports of Ei It ia urged, however, that there is no sufficient assur. the perthanency of such lines in view of the mpeting heavily subsidized mail packets of Great Britain and unless like subsidies aro given by this government. While it would ify our national pride to encourage the commercial enterprise of the country, through the agency of subsidies, in the estab- a of — ae lines of the Poy! om grade to oa ports where \es are Or may operation, which it candor be. doubted contribute to the oar- lier dove mnt of the ‘ial interests of the routes coyered by such lines, this ont is not to recommmend any deperture from mite established y; not only because of the financial wants of tho ger ment, but as well from the absence of any n y for special legislation on behalf of the postal service, During the past year $405,479 was paid to forvign lines conveying tho mails to and from Great Britain. If to this sum be added tho United States inland postage, amounting Be ear ergy J to $106,677, the amor which woul we been available as compensation to American steamers for the same service was $570,156, ‘The argument in support of heavy subsidies as neces- pe? FL) American lines to compete successfull; with British steamers loses much of its force when it remembered that the postage earnings of the British contract packets on the mails which they con- vey are retained goverpmont and«form a part of the revenues of the British Post OMce. Tho British portion of the postage—sea and inland—y the mails exchanged with this coun- try alone by means of the Cunard lino yg ge year amounted (approximately) to $456,000; if to this sum be added the eon mails conveyed to and from the North American colonies, of which ment has no official data, but which must have been uive large, it will Be found that the aftu@l bonus paid to it line in excess of the pouinee, earnings was small, although the nominal subsidy is £176,300. It is also to be observed that Great Britain grants a subsidy to but a single line of steamships to the United States, If it was advisable for this government to grant a like monopoly ree single line of American steamers, it could be under the wisions of the existing law, a liberal hy equal to any subsidy that Cos would be a, to grant. But were it of our Atlantic would involv interests are LeTTER CARRIERS, The free delivery system has been discontinued at 22 Ve smaller offices, and is now im averation in 5 hye a -_ Hf] | i 4 i BE 3 ' 3 i i i H if f oitizens of in commonding ‘The number seometet was ‘the nut was 42,154, it ae containing The a 0 anaero e al ‘with » pentaining $9,900.1 were delivered, leaving 3,866, of se oe $acT30. satin "Posen fr dlaposl, bang wrt loom, Bre been deer io -an inoronse of 38,903 ovet Dre- ‘otters, 28,677. 316, num! 5708, beta of aor delivered. less than ‘4 por cont were refused by the ‘The number of foreign lotters roturnod was 167,449, and the number received from foreign countries was 88,361 For additional particulars see ix. RETURN OF PREPAID LETTERS WITHOUT CHARGR, RBODM- In the last the attention of Co! was called ti Se cage ens Kino ohare ‘ne additional suggestion that letters be forwarded, at the request of the party addressed, from One post office to another without extra charge. PROPORTION OF LETTERS LOST OR DESTOYED, ‘The number of letters conveyed in the mails during 1865 is estimated at 467,591,600. Of these, 4,368,087 were returned to the Dead Latter. oftoe, tnoluding 500,007 army affd navy letters, the non-delivery which was not ohargeabl 13 to the postal service, ey 4 having passed beyond ite control into the custody of the military and naval authorities. Deducting 1,156,401 letters returned to writers, or held as valuable, the total number lost or destroyed’ was 2,352,424, or one in evory two hundred mailed for paler ar and delivery. Fully three- fourths of the lottera roturned as dead fail to reach the parties addressed through faults of the writers, #0 that the actual losses from irregularities of service and casual- tios, ordinary and incidental to the war, did not exceed one in evory eight hundred of the estimated number en- trusted to the mails. FREE DELIVERY IN CITIRS, ‘The returns of doad letters from cities are largely in excess of proportions based upon population. To them special ‘cfbris have been directed to secure the most effl- cient service, and it is believed improvemonts in opera- tion, chréfly that of free delivery, will diminish the num- der of undolivered letters at offices in densel; ulated oe of sacelivs 8 Weer pele Rea Slt Seely (UMBRR OF APPLICATIONS FOR MISSING LWTTERS—FONCTIONS OF DEAD LSTTRR OFFICE. The number of applications for missing letters was 8,664, an increase of 3,552 over provious year. A mis- prehension prevails in regarding the Dead Lettor office ‘aga depository for the safe keeping of undelivered let- ters, and not as the agent for their final disposal, to cor- rect which the regulations are appended. ome. [AIMED DEAD LETTER MONEY, BTO. ‘Tho amount doposited in the treasury, ander act of 3 Souscotabef! ‘sates of wast “$9,420 ‘BoCOU len of waste Unclaimed doad letter money. 11a —— seises $17,143 ‘Total. Lin, ‘Less than twenty-five per cent of advertised ietters are delivered. In some of larger offices the proportion does not exceed fiftecn per cent. The payment of two cents for cach letter advertised involves a yearly oxpen- diture of about $60,000 for letters returned as dead to the department. Measures have been adopted to reduce the expense, and the advertising 1s now secured at ovo-half tho rate allowed by law. An obstacle to this economy is found in the law requiring the list of letters to be pub- lighed in newspapers of largest circulation, which should be repealed, and the mode of advertising left to the dis- cretion of the Postmaster Generat. POSTAL MONKY-ORDMR SYSTEM. ‘The number of offices is 419, including those in the Pacific States and Territories, and eome of the principal ‘offi es in the Southern States. Orders have been {ssued for putting into operation fifty-five additional offices. The number of money orders issued during the year was 74,277, of the value of....... $1,360,122 The number paid was 70,573, of Add amount repaid to pu a” te Cae ake Amount oatetanding... ee Bhd The number of duplicate orders wan 422. 855 wero issued to replace invalidated by age; and 3 by ‘Tho receipts wore:— Fees on original orders... Fees on duplicate orders, Premium on oxchange... spals lost in the matls; 63 indorsements, emiums on drafts. Miscellancous, inciudi tures. Excess of exponditures,.....cseseseceseessees rot of $108,000" of Say" ae, itkring unex ended ja x in} ving unexpen: Po: dclency of the carrent year; $92,952 applicable to any det and as the of the system will hardly equal the expenditures until it 1 more genorally established, it is recommended that any balance remaining at the close of the it be applied to the deficiency of the next fined year, The maximum amount of money orders 1s $20, which may be judiciously increased to $50, and the restriction to sums not leas than one dollar removed, retaining the present minimum fee. LOST AND INVALIDATED ORDERS. Under the law, the owner of a lost corti! obtain plicate, must furnish ®. statement, ui oath or the portmester by whom It was payable w cerdieate that ie whom it was oa ite tt the order has not and will not ments work a hardship to the party, in that they compel him to pay the customary fee to the officer administer. ing the oath, the cost of a revenue stamp affixed to that oath, and the payment of a second fee for the Sy ay oe ig order. The loss of orders is seldom neglect of the owners, and postmnasters should'be author- ized to administer oaths in cases of loss, and issue dupli- cate orders without charge, The law would be further improved by extending the time within which the order may be paid to six months the period now allowed, of ninety days, being too limited po J ma necessary between di-tant ni Losses have occurred to the amount of $646 by reason of the carelessness of remitters, the burning of steamors and othgr causes, not chargeable to the system. CLAIMS OF CONTRACTORS AND OLBWRS IN STATE® LATELY DY REBELUON, It will be seon by reference to the accompanying port of the Auditor of the eae this to which the special attention of gress is invited, that the estimated amount of claims of contractors and others residing in the Southern States, chiefly those lately in insurrection, for services rendered previous to the rebel- hon, is not leas than one million of dollars, Many of prevented, but nono paid, under a rule adopted early in the war of not paying ties known to be in aiding the rebellion. e questions connected with this subject applying alike to this and othor executive branches of the government determination -of Congress. BALANCRS DUR FROM POSTMASTRRS IN THE LATE RAREILIOUS eTATEA, - Balances were due from Southern postmasters at the outbreak of the rebellion amounting to $360,027, tow of which have been paid. Means are being employed, through courts and other agencies, to collect the amounts due to the government, wae ime RATION OF BERVICE IN THE FOUTHERY of the war with it the necessity What the roveaucs from malt eervies ta the id be for some time considerably less than iter till the: Tune, 1669. ties have been encountered on the land routes, although the maximum rates adjusted by the "Tut of service to be norformed aro eaual te the aver: a ‘of compensation allowed previons to tho rebelflog Sreept on certain routes where the former pay was ex: ceasive, and has been reduced - the service has been restored in each of the Southern States, it is not 60 ral ag the department feather Belch, ho wants of the citizens fe, because Of the difficulty of procuring contractors and postmasters whe can take the oath prescribed by the acts of July 2, 1862, uniform loyalty to the govern: 4 ing offen and for conveying of the mai pponded hereto is a circular letter, addressed to the pisos which Sho nostal corvice ls being Pieces’ tee AND CONDITION OF THE DEPARTMENT. ent was established on the muses out of its revenues, vith 8 ras increasing r00 legislation, a may not be made rate adopted by Great with eee mice eeease 33 H BE i : i F é iiss 2.F tf aa venues, is not depart evious to. the is ment, vious was "$8,016,007, ‘which 038,091 by the rece! ear from tho loyal States alone, the past four years amounted $46,458,022, an average of $11,614,505 per annum. Com pared with the receipts of the four years im Spee a amounted to 640, the anni Average increase of revenue Was $3,688,846, which hae not resulted from any considerable additions to the sere vice, the ratio of receipts to expenditures having beem larger than, with en exceptions, at any previous A proper economy in Heit, ok ni i larger cont tions from all the States of the euable the department to increaso its usefulness from year to year in all of its legitimate functions. OBSTACLES TO INCREASED EFFICIENCY OF THE But it must not be overlooked that the "y to perform its mission asthe postal agent, @ ip, ment is greatly impaired by the burdgp, imposed franki vile and ex ve Catabliaked for ether than rent J table illustrates the misapplication vos Ban fet pare yiower 53 Route, Pay. Balt Lake City to Folsom. $385,000 Atchison to Salt Lake.... 365,000 City to Santa Fe. 35,743 Lincoln to Portland, ..,.. 225,000 Tho Dalles to Salt Lake.. 186,000 $23,034 6,536 24,791 860 * main Lapin ’ 68) submitted. . oo WILLIAM DENNISON, Postmaster General, RICHMOND. neengnrnmennntnny ont Batler in the City—Rumor that He ts te Take Part in the Prosecution of Jem Davis—Evidences of the Disioyalty of the Virg! By Mle > antigen OUB BIGHMOND CORRESPONDENCE Rucamowp Va., Dec. 4, 1865. MAJOR GRNERAL BUTLER IN RICHMOND. © On Saturday last it became rumored that Major General B. F. Butlor is shortly to take command of thip State, with bis headquarters at nd. Rumor alsa ‘assigns him more power than ia usually (granted te de partment commanders, - Among the fallitary and the loyal people hore the theory of the Goneral's coming is that he is to bo ome, ployed in the trial of Jeffersen Davia. General Butler hes been preparing himself by a most laborious investigation into-all the authorities and precedents on the subject of treason, and he has urged upon the President the trial of Me. Davis by military commission, This the Presiden? has not assented to, as it would not accomplish his object, which is to have the great constitutional and legal ques tions involved in the whole secession controversy de@- nitely and conclusively setiled by the decisions of a ivi court, and by all the grave forms that invest Americas law, * It is deemed impracti@lbie for obvious reasons for tho General to appear in court as the prosecuting in the trial; but it is thought that hia presence herein @ high public capacity would enable him to afford the gov- ernment the full benefit of his infomnal co-operation ts the prosecution. MB. BX-OONFEDERATE POSTMASTER GENERAL naGan’s OPINIONS ON THE SITUATION. As germane to this subject of the situation and the trial of Mr. Davis, the very recently expressed opinions of Mr. J. H. Reagan, ex-Vostmaster General of the Jate so-styled Confederate Statos, will attract attention fer their significance, Mr. Reagan holds that i( Mr. Davie ‘were put upon his trial fur treason his counsel would, of course, put in evidence before the jury the avqwale of ‘every Southern Logislature for the “last thirty yenrs of the rizht of secession, a8 well as thor publie speeches of all public men in the South and many of the moat able men of those in the North for the same of time, affirming the same right. This evidence so far as the of the South are concerned, be Com clusive as to the convictions of their right to Upon this they inaugurated the war, and thus auba! the entire question to the arbitrament of Tho war bas settled forever that thoy error, and the South accept the result as Now, is it policy, for the purjose of defining the crime of treason and its penalty, to doubtful verdict of a jury of wweive men? Should their jet be that of ‘not guilty,” the labor and sacrifice of + and treasure for the last four years and its reault, as final by the South, would wae and the whole question be with all its as tendant bitterness and horrors. government shovkd accept the result of the wa not allow that result tu be overturned by a verdict of a jufy of twelve mem, The ey wpe’ the South believed in this right—tno te e war they accept, Mr. Davis should, there bo released and allowed to go to his home. Ricnmonn, Dec. 4, 1866. A REREL M.D, ON SPROTE, A fow days since Dr. Tucker, Professor of the Theory and Practice of 3 edicine in the Virginia Medical College, located in thie city, in the course of the delivery of @ lecture upon “‘Poeumonia,” observed literally that “the reddish tinge in pneumonia is characteristic, and & about the size of @ half dollar, if any of you know what that is, Old Abe Lincoln took away'all we had. Bat he ts dead and gone, and I am giad of it.” This sweet som of Esculapius and disciple of Hippocrates is a brother, am told, of Beverly Tucker, the fugitive from justice, ae woll as of Randolph Tucker, of this State. SRYP, DAVIS) LADY FRIRND®. Two young ladies—daughters of wealthy mercnant who pardoned by the . weree commitien fooenli ia ey ne upper fevae of Jot Daria, ont z i 3 5 7 $ i A! in reference to the organization of @ ring i Ay milit ment. now in Hiahment of a Cp sor men, in whieh yathern men shill be the rulers. PRAVALANOR OF DULOTALTT. All the hotels of this city I hear dial Ploried in, arfd on every hand tho aMrmation, «Wi until weare permitted to indulge tn civil and political power. We will show these detested Yankegs whothos they can atay ia the South or now’