New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-05-26
COMMERCIAL AND MONEY MATTER


FRIDAY, May 25-PM
There is a continued duIlness 10 the stock H. ar
kot but without any material change IN prices Stocks
are generally well ned, and do not come ON the mar
kct excepting ia small parcels unless brought out by
CHER rates. Government stocks were Oh some DE.
scnptions offered at little lower figures bat The lots
were small. Any one going into the market 10 buy
$4,000 or 100 900 Of Government SKIES Treasury
Notes would be obliged TO pay an advance on any
figures yet paid new feature has recently been de-
,clopcd by the scarcity and comparative high prices
OF Government Securities. foreign demand has
sprung up for City Stocks and considerable orders
in The market Cincinnati, Brooklyn, Rochester and
New York City stocks Salcs of $4,000 10 100000 OF
Cincinnati have been lately made at - for SKIES, and
of Brooklyn at lO3 At the Second Board, Treasures
went to me. an advance OF 2 g. cent.
la Exchanges there is nothing Of importance
doing sterling nomnaly ,i Francs 3 p.
The freight market is less active. Some Cot
ton was taken for Liverpool at tddj32d. heavy
Freight .js 200 bbs Flour 100, Corn Cd To llave.
the packet is nearly u at c Tor Cotton, $40 for Ashes
and slaves and Provisions at the usual rates. To The
North OF Europe there is little or nothing doing
There is no change to note in Money. The
supplies ARE exceedingly ample and loans could be
made on Government Securities at q 3 cent, a.!
though not freely at the lower rate Money however
is a drug at . cent First class paper goes at ga
o. cent and the Banks absorb all that character Of
lcrcd The banking houses IN the street are unable 20
place their balances from day to day usual and tut
fer them 20 remain in bank
A parcel OF 100000 of Government Coupon
stock Wa issued Tor foreign account last week. which
was not IN the published statement The Secretary
has notified some of the of the unl-sucd oan
that the Department viii not need the money UNI the
Isl Of August any how and would prefer not TO receive
il until next Fall 1t is only favor that parties I'm
utcd TO the stock can obtain permission % pay IN tie
money
" e learn from Little work Just published on
the subject of Life Insurance that IL may be divided
into h,c distinct classes viz The Proprietary or JOINT
stock the Missed the proicsscdly Mutual the Mutual
| IN Part and the Purely Mutual Ia the Proprietary
| Companies the stock subscribed by individuals ~
in Companies for any other purpose who divide among
themselves all the pronts. In the second Description
the stock is subscribed the nrst instance and the
profits are divided in certain proper uons between me
stockholders ana the insured. Generally the stock
| subscriptions OF these two kinds Of Companies are
pa.d IN notes. with small q centsge OF cash The
Professcdlv Mutual generally commence without cap
,tsl depending on each receipts 10 pay losses DIVE
uuue to insure until death. failure 10 pay the pre-
mimi, every wear ia cash works forfeiture oi Tie
sr,,,ut insured and the accumulated profits The Nu
,,l IN Pat usually commence with capital ~ cub
.,,,tion not,, bearing interest o. the makers me
division OF pronts i only made among those whose
3,3nd. exceed ten dollars, and then not Of fractional
r,rts Of tens of dollars that IN case the premium
n.i5 q. -, So and the dividend % 4 cent, which
would be 81 g. the dividend paid Is only SO and
th remainder $ IS goes 10 expense account 81 the
conpanv while the party whose premium was 81
or > 50 more than IN the hrs case ana whose oI'l
s,nd Is so receives the whole amount or twice az
.h .. the ar.t party The last Kind, the Purely Nu-
- si., ,.pslly commence with guarantee capitsl
in ubscrrton notes. other rcsponslpe security ''
AEON, .r,o,,ut 10 secure confidence and protect the
.,3 s,,h..,1ieut insurers, TILL the Company has &C
,i a sufficient fund for it, business 10 dispense
,,h ,b.ir longer use These Companies divide a- net
nrotts yearly down single dollar equally "inois
il. dealers or premium payers giving 'Aeni o'r... ''
10 ,lr ON tho books OF the Company 81 thc e.use "a
-. sol vssr Every insurer receives "a scrip Ger
,,sr of his portion OF the earned prOnt. icl tlt'Y
dollar to which he Is cquitso.y ana ih-lUa.| eI'''
II is remarked in the work from which we nave
made the above abstract that the experience o' more
than century has proved that the premiums -
charged are larger than Is ordinarily require" III VNS
10 meet their engagements. Reports oi ihs1i N'ee
Companies IN England, Scotland and America emo"
that large amounts have been accumulated being Inc
.arpus after the payment of al losses and expense
The scottish Widows Fund and Life Insurance Socl-
CIV founded in ISIS commenced without capital Hnd
charged the present rate Of premium And from is.
,,lsa4 IL had accumulated fand of ------- : -
From l>2i 90 Isl -v,l a.,
From 1881 20 l-.'e--.--.--- --. -.
Al the annud meeting OF said society IL "as s'a''
. that the casualties which had accrued o! "e"'. H'a
hardly ever come up to one bali Of those 'on'eH '''
in the estimates OF the Society
The Equitable Society Of LoHdoa eonmsu'e' 'nS