The New York Herald Newspaper, December 21, 1868, Page 7

NEW YORK HERALD, MONDAY, DECEMBER 21, 1868, 1 TT <a rendered; RESUBPTION AYEENT. will have it jastas much before tt passes into the AISHEY FINANCIAL AND COMMERCIAL. | cca) nono or te tized nations loge | erin taut snzayer fet Sry od wl co ya pen d-serreadoma cally weaken ours with other securities, im —Recelj 116 bole, sre a wt 18 New York, Doc. 18, 1863, tion—I am of it now a3 currency—must of | TO THe Epiror or THs HetaLp:— Suxpay, et Pee the event of any formidable struggle we iter an le at ea at Weide, at witel 00 | To the Hon. Senator Moston :— Reoessits causejan exactly corresponding degree of | —T have alwaye noticed with sutisfuction te energy The principal feature of the marmet ae the | @aY anticipate the reverse; as should Europe | bbls. ‘cllverable up to the isth January were sold at 22s. | Sin—The earnest and ca.idid manner in which you | quotion of the of melt a ne displayed through the columns of your journal in Past week has been the stringency in mons — become involved in a general war, which is not im- | the sales being 5,000 bbls. standard white at pseudo, a have discussed this very important matter induces | the world has had the of diminishing urging upon the government the necessity of break- highest point of which was reached on Friday be | Probable if the spark be once kindled, Our remote- | tiivsca“antciSwas wave sisady.” Sloe Aie0 bbs stanaard | me to think you wilt appreciate any fatr criticisms | Value and its own purchasing power in ing up the so-ealled whiskey ring and tn bringing to noon and yesterday morning. _—. ae n- | 2¢88 from the scene of conflict and exemption from white, adiveratis og Mou lost ‘at Oy =. peo, on such portions of your speech of Wednesday as | lished fact. Bat forthe marvellous justice those engaged im frauds upon the national said, entirely, however, all other stories aithougs | 18 Worst consequences would render our bonds the | Monin at get, ant Sidon for'the next at months, D may be open to remark and a8 are opposed to the | duction and the vast development of ‘Treasury. The repeated attempts which have ap- trary notwithstanding, from natassl cases, arnt faateat of aii invesmmant options at Bee. parang and frm at sige. | BSUAllY aocepted laws and theories of curreney, and | duced. b fhe aieeee univers ee parently been made to discover the modus operanat Dreseing with repelling foree upen ihe shetnietive | State bonds during the week have shown marked | qf. alos of di suskuat ihe ner price that you wiliin like manner receive any feasible | added by steam transport on the Weters of the earin | DY which a whiskey fraud of more than $100,000,000 enterprise which has its home and highest develop- activity, especially North Carolinas and Tennes- mat ahe—There was sonrony any | cman tee be ate suggestions which may seem to aid you in the her- | and the land, the value of gold w Per annum nag been practised; so far as arriving at Ment in Wall street, and limiting within narrow | oes, the defeat of the Omnibus Will in the Legis | Cra, Salte of $0"bores, chledy at Hie. Refved wassiow | culean task you have attempted. In tho views you | ‘Uen of ake ree a Onneenieaey & facts and finding guilty parties are concerned, have DOUNdS (nO OO ra i soe vat { inture of the latter State and the assurances in the | f/,0%%,im4 rusher heney at Festeriay 4 guotanone 1 | express respecting the injurlous effect of a. depre- | which cause auch frequent and ficient perturbations | Feéulted in little or no good; but the publicity whick are most daringly engos pe case of the former that the January interest would | a lic.; extra © o., Tage. hi © ciated currency on the business and industrial | 19 commerce are never traceable to a superabun. | the press gives to the proceedings of such investiga- ease in money, yet presenting no good reason for | 114 inanoing a better feeling. ‘The following aspera 18ge tance fem, man ut wills Werancect | interests of the country T entirely agree with | Cane® of kold, currency, unless, a8 tn thd caseot | tions is quietly working out & good ami great result. any anticipation of serious disturbance in depart- | 1.0 'tne closing prices last night:—Tennessee sixes, “Srape.—We hieant of no ales of any description, but | you, On this subject I have before dilated at some punishable ‘with everything but death, to export | The truth is being made known and the people are ments of industrial activity, it represents & | now, eps; @ 08%; Virginia sixes, ex coupon, new, | "rxcrow was in moderate Cemaaiybat withoot change tn | length In communication which appeared in the Id Si learning that the head and front of the offence rests healthful condition of business vhroughou' 55 bid; North Carolina sixes, ex coupon, 6434 bid; | value; sules of 40,000 Ibs. at Tie. # 12)¢¢. for inferior to | New York BERALD of the 24 inst, and shall add no- aa aria now, honorable Senator, pointed out some | with government oficialls and not with distillers and oe. «1 logic and erroneous facts, permit me to the country in the several districts, West | 15 ‘carolina six ove. — Tho market but “ pee reetifiers, x 03, new, 62% a 63. WIUSERY.—Receipts, 474 bbls, Tho mi was quiet but | thing more at present, make some arditional suggestions. I have already h South and East, where the producing and manufac- ‘The feature of the prae market during the week aes Only small sales were made at | ng arst allegation or assumption in your speech a nas bh about funding the debt, and have only The whiskey ring is the most dangerous organiza- turing interests call for the employ! ne beara was the bull movement in New York Central, Rock that Itake exception to ts where you say, “As the bearing time debt fo gold at Meare ghee Hon in the land, and its demoralizing Infuences are tal dow averted herioe. The: synast of cur- | Island and the Northwestem shares, which brought FELEGRAPHIO MARKET REPORTS. value of our legal tender currency goes up the price | our revenue to exhibit a deficiency of thirty or forty | Ore or less felt by all government officers and in rency to the producing districts forthe movement of | o1,ou¢9 sharp advance in all of these stocks, that of our bonds wil go up with it, and what i true of | Millions a year, ag at present, “One suggestion I | all branches of trate and commerce and in the ro- the De and cotton crops Aaledaleteiog moore reached its highest point yesterday, and which the Se cece, government securities 1s equally true ot the great | Sagnt not, kn ae Gates ee Ured walks of life. It is inaugurating a system of sion of @ tight money market here, bu bank statement, notwithstanding its tavorable ex- CUARLESTON, 8. C.,Dec. 19, 19%, | ™A88 of American securities, public and private.” | make haste to disturb too radely what has become a | {4Ud to be practised in every department of the mand is one of the greatest sources of our commer- tlea serio affect. You then, as if to support this tio1 that | chronic disease. If you do you will ceriainly make | public service; ang while it accumulates millions for tal prosperity. ‘This year the demand for ands has | NiDtt for stock operations, tailed to sly Cotton advanced 34. Sales 1,400 bales. Middiings, 4c. ' PPo! Proposition, say ft inflammatory und y 3 “ highly dangerous to your pa- | the unfaithful it tramp) 0 Pacific Mail likewise exhibited a marked improve- | Receipts1,123 bales. Exports, coastwise, 1,441 bales. ‘State stocks that were at par in gold before the | tiens, What you ought to do ts to assist natiire—1 6 Un ples upon and often ruins the continyed somewhat later than usual, and, coming | ot yesterday. ‘The following table exDIbIts & | Coston inactive, Salona van wiaitin Dec. 19,1808, ,, | war remain at par in greenbacks,” and immediately | to run counter to ite Many of the worst diseases, if | FeDUtation Of those Who would be honest. Its ten- close upon the time when the banks are forced (0 | 4. Satison between the closing prices last night in | rxporte, coastwine, 2,874 bales. ate after quote two exceptions—Massachusetts and Calt- | jet alone, will bé thrown olf by the gradually improv- | deucies are to bring Onancia! rain on the country Pursue a policy of contraction, in order to present a Avousta, Ga., Dec. 19, 1863. Bl fe patient. Such, beyond all doubt, | and co undermine the government. It governs po- the stocks exciting most interest and thelr closing | Goton_e market opened quiet, but closiit stron! Sales | fOrmla—which maintain their gold par “because | is ine case you are attempting to trea Proper balaace sheet upon the publication of Se quotations the Saturday night previous:— 1,025 bales. Receipts sb ae a lings, 22e.a7Se. | thetr interest has always been paid in gold.” ‘These | for homeopathic treatment ff ever there was one, Hien rcaone ame fee, et to, Oonarens, bpd quarterly statement, has induced probably a close Dee, 12. Deo, 19. Cotton—Demand, good. Markot closed fitm. Sales 1,60 | two exceptions are the best possible refutation of eae Goctors called in at once. | intemal Revenue are made the prince woe wits market during the last week than would otherwise nee Tae | RAS Middlinss, 28\c.” Receipts 2,028 bales, Expor’s 679 | your propositions that the government bonds would | ~ You might commence bY the nae ot newspecific. | Which it mysteriously operates, white an army of have been felt. 3840 a. 89 Muurmis, Tenn, Dee. 19, 1868, | appreciate toa gold standard just in proportion as | Suppose you create a new sort of greenback or vellow- | Tevenue officers throughout the land are under ite Another cause for this tightness will doubtless be Cotton trmer, Sales at Sige. Keveipts, 1,628 base. Ex | the currency is appreciated. You have shown the | DACK, something the color of that commodity so | Contfol. it ls composed of Members of Congress, found in the specia! activity of numerous branches Ports, ie. oT a 91M much coveted . | Ofticers tn every branch of the Internal Revenue De- 19, a 10% exact reason why the other State bonds, which | With redecmnble ir that coe make forthe | partment, lawyers in. private Practice and holding of manufacturing enterprise just now in view of 834 a 8356 The Produce Marketa. om, | Wereat par in gold before we had a base currency, | rency. We may safely assume that Uncle Sam can Pesce: Lig gett pee ae Sere end criminals ra rd Bo N. ¥., Dee. 19, 1 and $100,000, 01 x venti 01 a we | ght Innctiva; prices unchanged, Wheat very dil; asies | NaVe NOt maintained their gold standard value the vente Da Lines cancosereinn thee im the coun: | Mit imniense speculations. " special holiday demand for certain classes of goods, el this sea- TTY 7 Y 0 i " in the general disposition which prevails at wo i 4 80% 400) serge morn cnicnee mgpring at ‘e Cw Gare. Gull aod un- | same as Massachusetts and California—namely, be- | try, We wight then safely issue that amount of this This powerful and curious combination of wealth, gon toa freer expenditure in numerous directions, | Northwestern p: e i i 'vo— | cause the other States did not continue to in- | new redcemable currency and take out of circulation | lity, talent and villany is such a3 to often uncon- at other periods camparatively negiected. There is || The following were the closing quotations last | Se'fhcrrowet nominal at 2 Pore ira; heary mem, $27; | cerest in gold, and avalied themselves of the legai | #2 equal nominal amount of the irredeemable greet. hale while the passage of che revent Ter bill by Core evidence that this natura! costiveness In the money | night in other siocker-camperent piles 3: ‘whalaaales 83, Tard call a 8H. a. Ve. pressed hogs dul i tender clause of the Currency act to pay the princl- ati Re De ce corse be De gress was one of its most successful business trans- market has been made uso of by certain speculators | Wells, Fargo C018 | HADToSS aired. States | send Hoenityyncmmtinne uatatvr heboldars. Whst | pat of such as have fallen duo in the depreciated | dues, which would noip 10 keep them afloat. his | #eUOMS. The President attempts to arrest its fear- to mduce a belicf that it was being aggravated and | Adams Express, 43: 9 49; United States | demand there isis for car lov ynud, Ney Dec. 19,1888. | currency. In thus stating your case you | Plan would besimply an extension of the present | {Wl Progress by giving it lus individual pre luoroased by ariifotal means—in stort, that another } Express, 46:45, Merchants! Onion Mx preee se | gctacrusctaach wah mrad demas sale ambucs ss | nave fallen into tho game error which you | {proportion to she sity oF he eeeenaa diet | brineipal subject before the Cabinee’ yn we a “ . 5 3 for No. L spring, a8) inter, i locking up schemo was being carried out, the de- | 1576; Quicksilver, 21422; Canton, 47 @ 49; Mari- =) while ond Bil bse nh is for d abinecion’ Whaat: quiet; | afterwards attempt to refute—an error of | keep them afloat, for this is always a necessity in the i cre Sey ry mana time in debating over its sign of which was that, the real causes of the | posa, 4 bid; do, preferred, 18 a 18%; Western Unton | sales i> buses fair white Canada atez Ti, Comduicti | Wnicn the New York ‘ribune is the chief €x- caso of a gold-redteeming paper currency. ‘the same Pee fraudn the Mewornlicn eens ie stringency being lost sight of, and by consequence | Telegraph, 3534 a 3554; Erie ncn ROS BN em. Corn meal ee per: ext ail ood ‘upehan ged; shorts ponent. The 7iune proposes to make the ap- aan joa ioe by at, an wren, the operas composed of a Deputy Commisaloner of one the measure of their operation and the period of | River, 12634127; Alton and Terre Haute, 39; bono hoa ests poston 8 Osto Now a, ‘Sic por preciation of the government bonds take precedence | ¢Xtraordinary demand for Conversion, proves the Heme, bets chee? States District Attorneys, an proper relief, a feeling of distrust in the future would | preferred, 63; Wabash, 66 a 56%; do. preferred, 69 | ¢4 sibany, 670. fi pry neta of specie payments—that is, all we have to do is to Ung at of this suggestion, We should thus, special open fer eg om be excited and a panic ensue, when, in the ruin of | bid; Milwaukee and St. Paul, 67; pea preferred, 8534 Pane alot. Wreaie:eutens Tore ght] Peta iher’| make our bends worth god Toastiguit) cesunipaiontia 7 BA van eons. oe Asi Preicanies meget, York by the Secretary of ihe'Ireenary por peke many foolish speculators, they would add a few | 985%; Ohio and Mississippi, 20s 9 2024; Michigan | 177. Corn “dull; old unchanged; new destined de. a 60.; | orrectod, Unfortunately neither you nor the 7ridune | to provide. The. gradual withdrawal. of the | PY Congress; but it resulted in a deplorable fatture, ss Fi . i Id No.1 86c.. and new ee. a 6lc. Oats dull. Rye un- I * and after a time wi . thousands to their already otherwise dishonorably | Central, 125% bid; Illinois Centra1, 143.0 1445 ‘Toledo, | o4 Noi! SSc.,and new ove, f fle. Gala dunt, yeh" | have a particle of evidence to support such an as- | Btecnbucks would lead imperceptibly to the | Soon'that the very heibe ne ihe nee Saas AE ll be x : c + 3 ec. olden path w acquired hoards. Beyond this wedo not think there | 10114 a 101%4; Boston Water Power, 18% @ 14; Bos- | > Crxciunant Dec. 1168 |} Coston, on tho contrary, our own experionce, as eR rwithstonding Onn giana pages peri een Attempting to sirike the ring its first paralyzing is any truth in the published announcements of an- | ton, Hartford and Erie, 24%/ a 26. and unchanged. Corn army ear He, 8 Tew shaled iBe, 9, ‘ic. well as that of other countries, 18 diametrically op- | greenbacks would themscives appreciate toa gold low; but on the contrary it has constantly been gain- 5 ing in power and patrovage. posed to you. The truth is, you have done what Ms dba rst pon ar tgdetyypghabbl ce iy experience as a late revenue officer, on duty im many less enlightened writers and speakers have | increased, ‘That is a law, aud no amount of special | *2¢ “ities of New York and Brooklyn, has taught me c ri to beiieve that all which I state in this communica- oe x t Bacon—Clear sides wanted, none ont of sinoke; sugar ¢: bearing the debt with those that govern an unte- e - le we On Monday and Tuesday, notwithstandmg | tion, 117; American Exchange, 113; Bank of the Re- | jacon tieur ses we ‘green, meats ‘soldat ide, mince. a | Guemiabas, Non-intarmcbeantar aobe ir the taeevask ae waters iat Ok sapnudie lon bs A pein sured. ‘The regular distillers, recttilers and whole- the bank statement of the previous week, which ex- | public, 121; Marine, 150; Commonwealth, 115; Cen- axe. PA shoulders i ad snd hams, Gold 185. Exchange | and principal of the former were payable in tne de- paid, and never will be paid, then you present a new ee ae e a tee a4 ior the mien par ae hibited a loss of over five millions in legal tenders, | tral National, 110}; Fourth National, 105%; Tenth y in. demand. Curcaao, Dec. 19, 1868. reciated currency, then What you assert wou'd fol- } cago, which is not to be tried by the laws of the | Aum wager eer, et quorable intention some exceptional 1 ere made at six. Subse- | National, 100. Exchanze on New York firmer, par selling. Flour duil; | low, but not otherwise. Can anything be clearer | Medes aud Persians. I simply contend that Uncie honest and competent officials, pay the government sceptional loans were maa ne | sprngextea, 5 2s a 075." Wheat Guict andeasier,ve- | than this? If you want to bring the government | Sam had au honest intention wen he tasued these | 1 Spee epee tery 4) Guently to these days the stories of the locking up | Annexed is a comparative statement showing the } lined on $c. No.1, 8117 0 1 1b: No. 2 $1 10a S11. | bonds up to gold par why do yougot provide in your } promises, and that he certainly will pay tiem 33 Besar tae ene nas Dope ES ran thelr scheme having been ciroulated, rates stlened and | shipments of specie from this port Inst woek and | Cand) sie dren ag: aise. hurt kim driod que; No, | DIL that they may be converted tnto a perpetual | ¥oon as 29,18 gic. Une cannot pay them all at | sapmit to the orders and extortions of incompetent seven per cent currency was the lowest figure at | during the year to date, together with those for the % Saige. 8 Be. {Fevecter, Boo. a S3e. ; abd Reglested and nome | Boe pr anent holders to exchange at par? Or if the - peg mip a. ean DY he eect an me gar and dishonest oftcials. which loans could be obtained, the market working | corresponding pertods in 1866 and 1887:— 4len 42%c. Rye d y ined ‘ idea of a perpetual stock be not acceptable to the | confound his time paper with his overdue paper, pened Ee ce ae on ee . some by = more and more closely until Friday and yesterday 1866, 1967. 1868, BH 2, No.2 at 81 10, 2 American peopie, then provide for a gradual re- | ‘rhe one bears interest and the other does not. The his establishment he either Maid the tax to the gov- oa 1d a, | Fifty-first week $262,921 $1,534,206 $272,545 | 3145. W “eg eg roviejons | Siar | demption of the bonds, say at the rate of | one may be used to buy a day’s work or a meal’s | or ent at & Loss to himeeif or governruent officials morning, wien seven per cent gold was paid, | prov, reported.. 60,407,607 46,080,395 60,837,446 | PARK dectined Ibo. w Se 2 Relic can, | five percent per annum after five or ten years. Or | victuals and sundry other necessaries, ‘the other | °° ahs AE rege v i z hh C Pin 2s ae cite seller, February and Ma} Lard firm at 16/¢c. a 17.., cash; at is inabl iti ? a ; "vane or | Were treated as slient partners ta the tiria, drawing, money even then not being obtained without con- <——— | fancy, I7c., seller, January and February. Hams, ic, | #¢@in, you might issue terminable annuities, which | is an mvestment, and its value depends, likeall other perhaps, the largesc share of the profits. "The argu siderable running around, and many borrowers pay- | Total ...... ..$00,700,523 $45,564,601 $70,109,901 } a 13l<c.; ‘hweet pickled hams, Me. a ékio. | Dressed Fa en dete egeiat {| mvestmonts, on the good faith and thrift of the bor- | Mentis, that wish honest and competent onloals ing a commission over and above the interest for the | The exports of specie from this port to date in the ae ee SOLD: Sarin on ee ts Sere | Surarane owt 5 eas, | rower, and the use he makes of his lands and other accommodation they soaght. After one o’clock yes- | previous fourteen years compare as follows: ? #3 10.0 FS 35; fal Tt se y pa sessity a b . ‘r | the distillers will be honest themselves, and, their Hee a SOnigh TSE coed tm eholog G8 fOr 2 aig, | \Gon't See any particular necossity of paying off the | property, and his determination to live within his | qisulieries being permitted to operate’ the entire terday the market experienced a sudden relief, and + $29,689,842 towards the close of business more was offering than b7}$. | debt in such haste as some people desire. You | means. t x o 3 0 4 “ ia I pen ¥ Cy n t aii Hae te a a tO) buskos whent, ce 000 bushels | Mlxht make a very simple provision on that subject | ‘phere ts another remarkable inconsistency in your | Yeats the natural consequence would be the r there were applicants for, the rate settling to seven Per cent currency. Ray ; poo bushels | ‘ond leave the next genoration to attend to that mat. | metned ot tensa ; : y ‘ot tite price of spirits to a proper standard. Wit! SAT Da re a a ae ne ae epee whaiaver tint She mean | melted oF reasoning which must note. Tt ts SuaI 9h nie CLAD ee Ale: Ainaaiar | SURDOwIagaCS els wheat, 28,000 bushe!s corn, 4,009 bustiels oats, 3,20 bush- | generation will do so. ‘Theretore provide thas the | the treasury shall have hoarded a3 a preliminary to pee pnt be eaten et the aggregate oohie. ela sy0, 2,080 Bushels bariey, 6,000 ows, overnment may, at any time within a fixed period, | resumption, aud also to fx the day on which i | Stthe end of & year, losiig: no tle Would be veky The anticipation of an unfavorable bank state- Tobacco--Sales 47 hhds.; lugs to ma: ne b aghe gotad§ =) in mold at par. If “the credit of switea hie bacieat Tallege Tees woke ae ng muuch larger, ment had, of course, its eiYect in tightening money to a certain extent, and its publication, although not plactng it in a different category, exhibiting, doubt- less, a better condition than was apprehended, will, we believe, induce even a further ease. Where the other intended lock up, gr else, if such were really ‘The following were the bias for bank stocks yester- Oats dull at eo He all at 81 88 for an contemplated, that after a feeble initiatory move it | day:—Manhattan, 140; Merchants’, 124; Mechanics’, | $i1 bstroselnisd aii hear, Mess pose held ‘$25 50 las been given up. 129; American, 146; Phenix, 108; State of New York, tee freely at £3, with no buyers. Lard. cj market dull, Buk Money has been at plump seven nearly all the | 112; Commerce, 124; Mechanics’ Banking Associa- } at sjocted, Hogs, 9 25 a 9 50, gross. Cotton, - , at 4 - = 1 am certain that the government can substantially at the port of New York for the week ending Decem- | Oats, fic. a Sic. Rye, 81 40, Flour, superfine, $5 60 a $5 75. | as to enable it to borrow on better terms, the govern- patient 13 cured long before the day, and the doctor Peeks yeni fhe nt. EPs gutta Caples ber 18, compared with those of the two preceding | Whiskey, raw (fre, 81. Lovts, Mo., Dec. 19,1283, | Mentoftiat day can then avall itself of such ua- | still kept him in bandages and in bed, what would if << 3! > , | itbe accomplished? How can all forms of govern- weeks, a3 algo the value of dry goods entered at this | _Tobacco—Nothing doing. Collo—naotuing doing. Heemp— | Proverment. So much on the funding part of the | you say of such a physician? Or suppose the patient | mens igaud be prevented and the national debt pald® ‘he 2 Ebay * ° “ subject. unable to stand up on the given day, would that ci port and thrown on the market for the correspond. } Noihine doing. | Pinar quirs an! tne na tie rips chores, | ‘ihe Lext exception T have to take to your line of Hs if AS CAN ciRy.the. dane: throne the GRStRe Sik wil Of a Ge. 5 firm; } argue & Wise course of treatment? hi 04 ic. “The American le have Fellef came from which was so sharp and sudden “i Biase AST Corn declining: matzed, white, to. argument is where you assume, in contraverting Mr. | "Your very elaborat ant to prove t the American people. ran people ha Yesterday afternoon is something of a mystery, | ‘& Deriod in 1808 and 18672 fancy white, 15e., Oote flat at Sée. a 680. “Barioy unchange He) f Me y claboraie argument to prove that we | just emerged from a struggle for freedom and unity. ‘3 3 McCulloch's plan of resumption by contraction, that | should make forced preparations for cash payment of ho! i et i "1 lise 8,917,729 1 5 | firm; dry salted shoulders, 10igc. a B10%gec.; c'ear rib sides, oe Baw. oe s ry “Lat ys 5 c jOus: - overnment and the overthrow of slavery. These pest spicata ice amar aeape Co dha cee pe S1T1,735——14100,805 | Tons ry iden, Wize, a toe Bacon foimina Lara ura? | Won, I must say, is a begeug of the whole question. | sophers, itis sald, have beon long “prepared” with eee ee auSina enna tense tom Shag el cg gaat all) 9 FY r @: a 0 we, 17260. ws r jcen ati The question is how to provide tho means to re- | +, os.” nic < - Total for week...$4,899,237 $3,006,500 $1,792,245 | cholee key, Lice. Hoxs in good demand ie a no BE oA chiens 9 gold wherew ith to pay off the greenback ‘ascension robes,” nicely starched and ironed, but | now stands pledged for the full payment of the debt, o expect te . at &8 a 29; fow choice extra, $9 25 a * somehow or other the day “fixed”? on never comes rm 7 ne would Fa for the bata spas aaa how- | the imports of dry goods for tie weck and since | to ‘ate, Pavan, Caltie inactive; ‘prices range from #6 t } currency. Mr. McCulloch proposes to doso by re- | out right. ‘Think over this matter about gradualiy | MS oduet tne lawof telat Tee ever resulting, was very much welcome January 1 compare as follows:— 3 ‘ece! sy Sd bushels peat 00D eb | ducing the volume of curren hin our means. | substituting an actual gold convertible ellow= Wheh the country is in danger the people must © ‘The following is a comparison between the totals re oak ion sass pes ee) ey a corn, 1, hy *¥% | Yon propose to Increase our means 80 a3 to find the | back" currency for our present inconveritble appealed to, Let the people see, then, the man- e mted in the bank statement last week and rt. 5 ibn Wiwratox, N.C. Deo, 19,1988, | ability in that way. When you come to compare } “greenbacks.” No additional inconventence can et erpetrated. ' Let thom re in as presented Entered at port....$2,275,015 $918,957 $691,940 nods yi * which frauds are perpe! m a ¥E Thrown on market. 1,171,925 TAT. 878 636,412 Spirits turpentine steady at 420. Rosin steady at #1 60 to as tothe eifect of the two methods you wil | grise from having two kinds of currency afloat at fact that the institutions of our country __Atze the sa iiaata Dee. 12. Dec. 10, Since Jan. 1 Sith gs ee 3 bo. middiag aye AOGE | Tae Gomes to G2 ot aes vit Se alle eh EY Rng on af, Ms simple reason that we aiready have | rottering beneath their weight, and th” 4 Caiens they Dec. 12. Deo. 19, ‘ + 1. ‘otton, middling, 23!¢¢. weotions and t vhere you started, ‘You | iwg @escriptions, Such a reply will, therefore, be . ressed Ive’ 4a ep m peo rs Siaores ortsoat'ose Turown oon: lie'sia t33 Ene so'o1e oD Vicar dull and lower: sepasinn, orks ia suka ext, charge te Ne SO ee a plan that will cin the again a er, eng of tie question, nee cee et ‘then kaow sti walgkey : sé “nation 1n ruln. Circulation. + 84,205,006 _ 34,350,758 SEF; erinlaconten, ga TE Cem easter ot en eer choise { dred millions of the currency would produce great | game paver eoney naw ee ee le Arai and Guoney of te 460,009 per annum, and Deposits....- + 18! ALS 153,077,228 COMMERCIAL REPORT. here; fair, 54 8225, Pork active a stringency jn the money market, innumerable bank- | of anybody else. t$ untforai value all over the coun- collect ite people will tnd a law to Legal tenders. + 64,015,865 50,796,153 falling shoukiers at afee.s Glee Oe, ruptcies,” &c. Yet your plan, if based oa the same | try gives it a charm that nothing can break put re- It bas oeen @ Y a "ge. Lan ites ’ —the differences being as follows:— ~~ Decrease in loan’ Decrease in specie ; , age exact time for resumption, would produce exactly | pidiation, whicitI feel certain that respectable gen- “aston of the fiitéinal Retente be SaroRpax, Dec. 19-6 P.M. | {OSs fommon Sar 4.05 sc pli ie ie commie ate, | the same resulis. It did this very game thing in Homan Will never resort to, ‘You should nor there. patiods at, @Dbomnt. subordinate EE AsHRs.—Receipts, 52 bis. Pot were steady at $7 75a " i prime, Ao. 0 Ge. chotee €3c, England; and the hoarding of gold by the Hank | fore propose to have its paper caucelled. If any fifteen, thirty, suxty or ninoty days, and Be Tnorgase in cinoulation 14;/852 | 7 673, with a moderate demand. Peatl were dull and nom. | $94: Western rected, $i ty a 31 th, Colas un. | OF One Parlisment broke tures-quartere of the pute Paper: te to be caucolied, let tt be that of private | isi. ctrone ppewmments would often be made (the Decrease tn deposits. 9.200187 | nal at 39 a 29:5. rales 8,200 bales, reteipta 6,437, Dales, exports 17 lig and privaie banka and caused universal | “S°C#4OMS Yours, &e, + BW. 1 because of the extraordinary political of sutatean nhieu Eee cn hand | B&TS¥Ax—There were sales of $1,200 Ibs. at 420. a 42%0, | Gold Hi. Sterling exchange 47/5. Commercial exchange | distress to industry and business. These were the THe PRIZE SINS IH ENGLAND, ’ Influences brought to bear, eituer directly upom ‘The liabilities of the banks and the reserve on han CorrEt.—The market for Rio was quiet but quite steady at — e days of infariated mobs, of rick and barn-burning tn < oe the department or its officers high in authority, and to cover such at the close of last week and now are | former quotat‘ons, We heard of no sales. Other descriptions the United —— v4 bend oat ag abe ‘drivel tO | Ga Hound Fight in the Midlands betueta Hee fig Of fraud an unleserving oficer so thus contrasted:— continued to rule dull and nominal, REAL ESTATE MATTERS. dooney we eae A arumens one af hot go Yellow aud Tierney, Paar hid Oey A el as key, if not more so, ‘ ‘el fe I ie ° e Iss ‘el red ae 4 deserving one. WEEK ENDING DECEMMER 12. * Corron,—Recelpts, 1,675 bales, The market for this staple _ paaeesheien “unkering with the currency,” a3 it was and still is A well condiiéted fight came off on the 2d inst, pe. | These short appointments of special ag and reve- Liabilities in deposits and circulation was active, the demand for all classes of buyers being brisk OMecial Transfers on Saturday. called ig Kngland when the Legislature atteinpts to | tween C. Hennings (Yeflow) and Teddy Tei ni hue inspectors have done much to dew ne the Reserve in specie and legal tenders and prices advanced He per Ib., (losing strong. ‘The TRANSFERS IN NEW YORK. rut counter to the laws of nature—for really such | rhey, inthe | service and promote fraud. Many of depart- Required = of 25 pee Car 4 fe re bar a. inctading fee export, Sacry No i aare. ay are the iaws of currency and trade—is a very serious | Castle Bromwich district, England. A large num- | ment clerks have much to do with the direct cleo Excess ia banks over seyal res for future delivery ihe salee were again large, Rete DS trts | Sanset ne Lee fee tate ot chees 36,000 | thing. You had better consider first whether we are | ber of spectators witnessed the affair, though the | “om of the revenus; they are appoinied and re- WEEK ENDING DECEMBER 1 middling for January or February at. %5c., 990 low. middiing | Hor 8, 110.9 tte TTudson st, 25 not better off as we are than to run leadloug into | woather was exceedingly unfavorable. § moved by politicians OF by the wishes and wul:ns of Liabilities in deposits and circulation. for February and 28) do. do. for March at 4\c.; 100 do. for | Pl yckman estate 4,150 | unknown evils, a: ‘able, Subjoined | wuracrous superiors. What inducement, then, does Reserve in specie and legal tenders. February at cy and 200 do. on private terms, We | Plot No 9i Dyckman estati 2150 But permit me to point ont more clearly how you ¢ Ate some oi the principal rounds fougnt:— the goverument hoid out to such o/ficers to Le'faith- Required reserve of 25 per Cent........-.. 64357,746 | quote:— Plot Nv 3 Dyckman estate, -,£100 | and the Secretary of the ‘Treasury are “swinging | Rowsp 1.—Teirney won the toss for corners, ana | ‘Wi? Very little, if any; and, therefore, the; Excess in bank over legal reserve +. 15,081,971 Cppnioand Moblleent N.0. and | lith st, $6, 10) fe a ay (irregular; 38,000 | round the same circle” in opposite directions and | stood a shade over his opponent, being some twelve | {ues yield to the tewptations which surround cheu Decrease in reserve a8 compared wit Ordinary... Tig Megphe Tega | ee at Be dant fw tah avy 9 “Hbgon | Taust moet again, You propose to hoard gold untii | pounds tue bigger man, Which, however was azainst | “US Making their “little stakes” or a “fortune ou! IME WORE LS contCunssebssascesi esses sce. ; SOREL: Apomortinal 33% cry Brg | sth at; ns, 60.2 fhe P rand (hs 17170 | the government has about one goid dollar for three } iw, as he was not in ‘condition. Very pretty spar- baie Lop ee j ‘The following is the bank statement for the week | Low middi: m4 24% 25° | th st 8 s, 225 ft e 4th av, 25x10, 100 | Paper dollars, and by fixing a day, just as he docs | xing" commenced the proceedings, Yellow opening ‘0 be honest, as this world goes, ts to be one man Miduling. + Big 51g 33 | 100 fen Toth et and Q80 ft w dat av, i00 | ond just as tie government of ud did, to force | on the chest, ahd getting shghtly on the right cheek, | Picked out of ten thousand.” But since Shakspeare's ending Decemer 21, 1867:— Good ma iddiing. id 255 a Tysth st, mm, 175 ft w 6h a 75x193.10, 000 | values gradually down tli! par was arrived at, on or | for which he w: retin Daw prong the taroat. Some’ | “me honesty has fo its home in the great heart 44,105,553 $2,162,192 | oor tmonl, $7,480 Dactisle whack bs ae ene rea, 8485 bags | ith av, & w corner 124d ct, 100x100. “0 | vefore the day named. ‘Then, by an iugenions beg- | pretty exchanges followed, whea tiey closed, and a | Of the Aimerlcan people, The revelilon has shown 13,483,080 1,418,739 ] G5 do. malt. The market for State mtd Western fate’ waa | College place, u's upper lott, & yeay per too | ging of the question, again’ you assume taut | long strugic ensued for’ tie fall, neither ‘having | Was the tuajorlly of our poopie are nouest, ca; $4,019,101 99,810 | dul but steady to-day. Shi Did lower, but holders were | Leonard st, Hos 87 and oe, stores; 2 years an business would not "be jajured by the old h advantage. J ® | and patriotic. We have a plenty of men willl 177,632,583 683,333 | firm. For good extra State #7 40 was bid and #7 80 racket, | “pervent, coo | hoarding process—that the’ private touND 2.—¥ellow made play on the right eye, | Mold ofice, but as yet cannot, whose ac ++ 68,311,432 3,357,124 | There wore some sated at the {nside price for forward deli. | Leonard st, would, in faet, shell out enough to eucdie | which iushed, but did not escape a stinging right. | Proved that they vaine thelr country more than very. California flour was dull and nominal. Tho sales were er year. $21,651,684 | adont9,000 bois. Southern flour was dull, bnt Jat, No 40,3 71,779,521 | vi we. Bates 200 bots. e flour was in ais deminds Bet 2 wnt 0 es. st Ry Salos 500 bbls. Cora meal waa di Liabilities tn deposits and circulation. the merchants to pay thelr customs duties and | hander on the left lamp, which ‘contracted. ‘Telrney | ‘welt lives and who would scorn to rob the publie e in specie and legai tenders .. ‘® | remit abroad to pay balances on trade, followed by around-arm shot on the left ear, | Teasury. TRANSVRRS UN KINGS equired reserve of 25 per cent... 912, hade lower prices. tharlk , lot adjolnis her'a Louse, . 7 | must confess that J cannot see it in this It when they got together, and som a 4 Let tie people see, then, and realize the ps in bank over feat reserve. ‘ & sonene ices wore h Wi mie piace, atts ot eatthe Tes Oo ‘ g,000 | seems,to me that such hoarding of gold would b changes pl ited tn Yellow being bored — &X" | necessity of having ali officers of the kev Aas daciadi ei; ig Seeds ss seks ping #5 000 95 78 | Kokford sie «130 ft n of, Mo 5 wo | saine n effect as Mri MeCulloch’s “hoarding,” Rouxp 9. <-Tolraey was busy on the dia!, punching oS. We cat tae honest nd competent tnd e 0) ‘wen and Jackson sts, n ¢ corner, a iT a) You rp 0! _ * i energy, cked up by ( eral Oren that has been remitted to the South and West, with BOS Cfo | Farmanet sen lien oor usuwick ar Scio: omy | poses—Oret, that of @ commodity for Teiraey), fought his maa down, and the odds | [ys (2e, »verthrow Of slavery or the suppression of the addition in the coin decrease of the shipments RD ha rere atiernphtetpteos keanpeabones that of currency, by when wi civilised Sates | “ROMINT Re tuby fm wtmasnd | i i : * el OU AND 6.—Yelio ‘0 time, an sabe pera tie hock geoeofrar-, def bche banana ed 393.59 | weteeece in corer, it measure the valties of all other commodities, in- | the higher ground. ‘Telrney made a rogh. but miss} UNITED STATES MAILS TO EUnOPE. whole sum, while the difference between that and the a soaree #, f igh cluding irredeemabie paper mone: ie proposes to | his atm, and after a few harmless exchuages silpped Q . net loss exhibited in the statement has doubtiess been | St Louls chotce douhie extr 1 0) 120 | Gatland tw ay Bt doo | Withdraw the latter from circulation. But you and | down, pairs esis ligt cowie Bt Loulacholcs family. 300 9 14.00 | Oakland st, the Secretary have not yet got quite round the cir. ROUND 6.—Teirney again made play, getting home A resolution which threatens to embarrass all our drawn to supply the wants of country banks in the Southern choice and famil 12 00 01450 | Oxford at, 68, 202.5, ft n of Park 100. cle, He would cancel the grecnbacks as fast as | sharply on the mug and was countered on the chest. business relations with European countries ts now manufacturing districts. ‘The stringency in money South TA sper ine and ex! 6 25011 00 | Pierrepont st, % 31.8 ft sof Henry st, 31,6x100 + 5,500 | they are cailed in and thus contract the volume of | They got together and in the ciose Teirney came beft r 7 7 Se Paes : i Zalifor 7.60 012 00 | Sandtord a ¢ 9, 100 tts of Fh av, Sixlgid6xi48... 400 | currency. You propose also to cancel tem as soou | down on his marrow bones. Oifers of six to four on | Pefore the Senate on motion of Senator Kaimsey, of very much limited transactions in commercial paper, Saws 6a 840 eS nws, 200 e ot2109 (deed os | #8 your Umit of time for redemption is reached; but | Teirney. Minnesota, Ite purpose is to command we lost and discount rates closed nominal last evening—sa12 | Gorn menh Gini te 5a wate you say there Will be no coutraction, because the Rounps 770 9.—Thig was @ slashing and deter. | master General to execute a wail contract with the per cent. Foreign exchange closed active at the fol- Com meal Jersey... ; ‘i 500 a 695 | Warren st and 4th av, 9 Oe osocky tteae < the on ted But will this } mined meeting, varied by alternate sparring and e: a Ng was entire\y nominal in the ab- ve . ye ad fae ge 8 w corner, 0.1 North 1abt sty n ¢ 8 ‘385 ft n w of Ist st, 48.6 to buikliona, ft 0 of Fh ‘ne, Bxi00 y ‘y's mode of re- | counters on the dial. Teirney got home on the jaw, | Commercial Navigation Company, of New York, for coat 5 uveetetlion _ gold aaeiiean th far as —— good Varta Berg — exchanged, | the conveyance of all the Vaited States matis to ours! losopher as expres he mat- | They broke away again, Yellow getting on the ches ° a ter in homely bat exact terms:—‘“What ts sauce for | when both ‘countered ‘simultaneously on yrs seri —— prescribed im 4m act passed as the zo | (he goose is sance for the gander.” You and | Teirney landed on the throat, and received on the | 1st session of Congress. 30 the venapisfle R ca np tao — a when red. - arub. Pi. got home Postmaster General Randall, taking advantage of ¥ nize © 1e1 riendiy einbrace and tue | a stinger on the Jaw, Teirney on the dan eye, “1 r b . tsaat oxclaraation under such circumstances, “is | and they again broke ground. A rally Drones cect pongorcaacye aiding, sector ay melt page ester this you? Can I believe my eyes” to hali-arm work, and some determined shots were | !1& clause of that act, declined to ente. tuto the pro- Brit | must correct another piece of bad reasoning | exchanged, mostly on the frontispiece, Yellow hav- | Posed contract or to sign certain bonds which te of which you are ey. You say:— great diftl- | ing a shade the best of the hitting. They broke | company designed to issue and which were to have culty generally actending the iinprovement in the | ground, Teirney placing an enlivener on the dam- | the oficial sanction of the Postmaster General. lowing rates:—Sterling, sixty days, commerciai, 108% sence of sales of moment. The transactions comprised about. @ 100:4; bankers’, 100% @ 100345 short sight, 110% a | Silt Dushela, eady all amber Stchicam, at $2 10; but ine 11014; Paris, sixty days, 6.200 6.16%; short sight, No. 2epring at #1 60. | Corn was in light demand, and ¢ @5.19}%45 Antwerp, 6.20 @ 6.16%; Switzerland, | gy 14 "for eid mised Wentern Ia kere and eres ee 20 a 6.16%; Hamburg, @ 3045 ; Amsterdam, | for new do., and een $1 03 for — ion re ate Mi PT and searcely so firm: sales of 15, 96 @ 41ge Frankfort, 40% a 4134; Bremen, 7334 a 70; ee teas ale at 81) at 8 arley was | Frankita av and Douglass st, © w cor, #8 Prasgian thalers, 714 a 72, . 8 all Sd we Of barley malt a smail lot was disposed | Sackett st and ay, 1 @ Cor, B1x67. 1x04.9. of at #2 20, The gold market during the week has been gene- Fartants..The market continued to rale dull, but rates Frankiia av and Douglass x198. 380 rally dull, with occasional periods of excitement, | Sef? senerally steady. Tho chartering business remained | Union tn x dull, ‘The engagements were :—To Liverpool, 10 tons tallow value of the currency: in the resumption of specie | aged orb, Yellow’s left very neati $ in The details of the scheme the extravagant especially at the close of the week, consequent upon pushela’ Wheat at 7d, payments where they have been suspended is the | they got to close quarters’ and po May ay ox pretensions of the ‘Gomamerctal Oompa Ay have en the present attitude of Turkey and Greece ana the ied. eg a reduction tn the noininai prices of property and | changes followed, both punching away till they fell | 80 thoroughly ventilated in the columns of the labor, which operates injuriowsly upon the debtor | side by side, the round fasting seventeen minutes. HE&RALD that it Is unnecessary to enlarge class. Itis generally true that as the purchasin, ROUNDS 10 To 14 were were very similar tothe | here. Their steamers, which were to be compicted power of the currency is increased the nomin: above, Teirney payin every attention to the | and ready for service ge Ist of July, tsev, are Prices of property are diminished, but this emect is | damaged optic, while Yellow was not forgetful of | not yet commenced, and cannot, of course, be fin- sometimes counteracted by the increase in the vol- | Teddy's right ditto, both greening side by side. ished in time to comply with the terms of the law apprehension felt of serious trouble arising there- ’ from. Rumors of a decline in governments abroad from Philadelphia to have likewise operated to advance the premium here, | Aatwerp with 2,500 bbis, petrolenm at 6s. 6d., and an Ameri- ican bark to Cadiz at $32 for Ii The opening price of gold on Monday morning was dw $20 for light hogs! sant Cae wi sal tr ren’ Tue ot Ant » with ——— in ic - + ~. . ume of the currency. The inflation of the currency Rounp 16.—Teirney ducked, Yellow getting the | which authorized the contract. If left to Itseif the 18544; ita lowest quotation on Thursday last, 134%; | “Gtnwres remained doll and nominal at te. 173¢0. for | Aen Aten Weta vee even, though it be Comyosod of gold and sliver ex- | crook on, Dut had the worst of the fall, Teddy rolling | act inquestion will expire on the isto! July next ta ee eee ace, Me neh | See Ss oto or mn | QE RETR otewe wean noe muds suc | ve wenn tue soon, | Huo Gana Raa 8 vaso fone ‘cont for Man! inton av, n e ic! ave @ ie instance in the UNDS 16 TO 19,— Ww to |, | master Gene , it will pass out of existe lowing table will show oe range of gold during the fund bo, m Bie. golds for jute, eld, ‘Tarrytown to White Plains of Spain. When resumption takes piace ail the gold | and fought in his old. form, pasting Teddy on t! ence without damage to other interests ) several days of last week:— ys we pte ape po {~2, I Fiemyfavores, the paver, on ‘se and silver will be set and poured into the vol- | right ear and cheek, receiving on the mug, but lav+ The object of Mr. Ramsey's resolution ts to cive Lowest, Tighest. M120. @ Ibo. inferior and grades, aR foot hn Hg ee bid) ocean ume of the cnrrency, thereby inflating it to a con- the best of the fall. new life to the schemes of the managers of the Com- 135 54 185% free tee. cone " | Inwood av, w &, lot siderable extent, because the whole amount of gold 20.—They closed at half-arm work, Yellow | mercial Company by extending the time for the 13855 135% Mo1asses.—The market for foreign continued to rule du and silver is very much greater than the whole } dell two telling up] ta and boring Teddy | construction of their steamers and permitting thom 13534 136% | there nome no demand, and prices were heavy at our inst amount Of greenbacks iat will be presented for re- | down. e, one hour and ten minutes. to carry the mails in the interim in hired steamers. 13435 13434 a te a but unchanged in value, demption.” ROUNDS 21 AND 23 wero sunilar, both down to (ong | General Evarts has decided that the pro- 1345 18554 egy In the early part of Pg speech you argued very | gether. visions of the act authorized the Postmaster seve 186 136 ifferentiy in respect to certain descriptions of pro- | RouND 2—This was a most determined meeting; | General to give all the United States mails to Europe Governments exhibit a decided weakness in their perty,very CE | held at home and abroad—namely, | both on the mug, right and pene tting | to the steamers of the Commercial Company, aatil vernment and State bonds and “private securi- | down to avoid, Teitow edoartag at blow whi We Teddy weekly. The inconvenience of such an Greodgemont that these | was on the ground, for which be was cautioned after | in leu of era system of despatching matis appeal to the referee, four times a ee tan to every busl- wn jong the seconds threat- | ness man, and this reason fully justifies Mr. from the and it was some time before | Postmaster General Raudall in refusing to accede to juse 80 much of | peace was restored. Yellow made a ne Teirney ey hy Fe the nm ae Company. closing quotations last night as compared with those of the previous Saturday nignt, as follows:— U.8. 6, rem, 1881000 10055 oo 100° bn) le s, g eee a a 8. 0's, coup., 1891.. 114s alldse 114% aes U, S. 6-20'8, TOM. ... 644 106% & 10696 105, 106 le Ramsey's resolut! U.S, 5-20's, coup., 762. 11055 a 110% Hog a 110 im these to improve Prives ‘General oF ‘ail discretion in U. 8. 6-20's, coup., "64. 107 @ 107% 1084 @ 108: profit, premises, If it passes both houses of U, 8. 5-208, coup., 65. 107% a 108 10734 8 107' and 80 all our me h the countries of U:8.5-20's; cps, MW, 05 110" @1l0% = 100 fear of fellow, who up. | the Old World will , and U. 8. 5-20"s, cps NW, 67 110 a 11055 100% a 100% @ level bim | thrown into disorder A a traction ©. 8. 6-20'a, cp. mW, '08 11054 8 110% 110" @ 11034 wetted . our mail atietnedae ee a - $: 10-40%, regs. .s0e 103% 9 103% 10216 w 102% caused Seeete | eeeonise line of slow steamers sal: * Pye Tipe the nant tgp Rg at that you stat | ing only once a week. ‘The public haye no guarantce o e Causes of this decline in price are variable ‘our bill becomes law, in- sone | that the new steamers promised by the ercial 'e discussion of the financial question, European expansion. It aisst | Company will ever be Dalit, oF that tt built they mil complications, monetary stringency, and, not least, one’s brain, but we cted | be up to the demands transatiantic mail ser- Asstrong bull’ prossure, operating to this deprecia- nie On oa ter play | Fook old oraft as can, be plohed' up ‘im far arbor, tion. Although thus weak and exhibiting a down- ‘volume was be- | not one of which ts fit the conveyance of mails Ward tendency the market has been brisk, and enn i" transactions included large lots. It will be seen that we takon place ef all of the causes operating to depress the market are Crendoatng 9”, bs bods ing to your h temporary, and with their removal @ better tone is ington avy isis th, 18) mock 1, ON Burt's map, eS 4 Certain t0 Case, While tho frst mutterings of war Seen ticd meas barely re