, 1859-03-22

:Jfinanfial anu Commercial.
MONETARY.

MoSnAr EyExIxo. March 81.
Thu money marker shows rather morc uctivitv
:'s business opens; but scarcity Of first class
l'af'er is still the lrcvai!sn: complaint. E1-
change Is if anything, closer. and inquiries this
morning showed tie supply 1t lower figure
than is ut nit desirable. Rates however, rcnsuin
in all respects III foF1ncr figures. viz t;oid II,
wtl, fcw sales; Exchange Il, and scarce; his
counts ~ t,cr cent. Twice tic amount tC reliable
business paper offering. would b. gladly taken.
Street rates continue nun.iual 1T e.. 1nr cent
t,rr ,lnu1h with few transactions, and tendency
10 Tie lower figures.
Observation-Disclosures 1SSrn.ScE.-Thc
Ji.a, "f March l.fh. gives the f,llowiu: ac.
.'"',nt "f the system If ''rcrIctual insurance.
lra''tic'.d in that city:
'.Ths SYSTEM Ut perpetual insurance is },ccu-
'iar !" Philadelphia, and not yrry generally un-
'hr>to"d elsewhere. depo>it is made If lrnm
'wt I" ttdr per cent. vIon the su IL be insured
building, and IL policy is issued. The COM
l'al!v agrees 10 r.urn tlc deposit. less live pcr
cent. at any time the party receiving it may
wish t" recrtvc il and surrender tic t,olicy. Tic
consideration t,r tlr insurance is simply the in
serr$t on thc sicimsit nlt,i,,'v while in tlr cnna-
hy> hands. and five l"'r ccnt. uG tl,r dcposit
w|srn thu sal,sr is reclaimed. hut CLAUSE Ias
lrcn inserted in thr p"licy ''v, We believe. at thu
companies tlaf d" this Kind nj business, tllat in
ca>c"s sale Of tl,r property. Wien the risk If the
company ccasts. 1hc policy hudcr shall .,ut c
entitled to this deposit Eneary unless lie makes
:, demand 1''r it within thirty dats. IT is for
3rtd In the company. ;1;,d ;,ues 10 make diyi-
tlends tnr stockholders"
Tlc J..4sx SAYS flat hv thesr iorftiturcs the
insurance companies have nade immense SUMS
f moslry wllirl, really tlors nut belong to them
Viii. This exception We do mt >rc why t1lrp prin-
s.rr might be adol,.ed. tn the advantage both
III thu companies aid The insured. 1t would
save very considerable Of annoyance in the re-
ncwius Of policies, and sometimes loss by ne
;.lct I" avc it dune promptly. 1u this city,
However. companies. nc believe, always notify
parties wien :l'cir t'oeics expire
Io>rox CorrER Srorks.--Thc .jouraal Of the
18th reports:
C"pirr sucks were firm Pcwabic advanced
to ~ aud few $liarrs wcrc sold 1t i;h after the
Hoard; Quincy declined, bu, cl,,>ed in demand
III ~: bid: innl"r If iii assessment WIS men,
timed al tlIu i:oard, mud tc eate tinlc il WIS
s1aal that the Company is free fs,m drbt;
therefore If Ill assessment is called, it will 1,c
f"r 5r l'uri'nss' q! furnishing wuskin. capitaf:
prominent st'rkl,uidcrs .t.,ubt anv call being
na!r; Franklin advanced to I'll: Mcsna,d was
firm n It; National declined to ~. but closed
III - hid; North Cliff was firm at II! bid rcru-
iar; Superior Chased III demand nj II: Toj1ec
snlts III II ii i-snn,c BUYERS are willing tD take
A that will c1tlr atong ut II IN tho CHANGE uf Il
great advance, II the mine improves rs they cx-
t'tct IT will this spring; Central firm ut IA
Isle Royule was quiet but very firm al Il; bid.
Observation-Disclosures, Counterfeit nrtcc-
'"r thus notices new counterfeit natc, $au on
tie Gns'sen Bank. Gnshcn, Ncw York, in in,ita-