, 1865-07-27


Cook County Scrip was In limited request and
auIet at SIC for new and p9c to par for old.
The Commissioner OF Internal Revenue has
rendered tie f0llo8ing decision: B3nks, In mak
ing retpsnH OF dividends and taxable gatrs, should
f1c1u5c the amount Of income derived from fn- |
vcstnents in ba1k, ineufanee. and railroad stocks,
although such may hare previously paid ta1 Is
dividend. The tx 1npoeea upon the ejaculation |
and deposits Of bAlka constitutes an Indebtedness
by such banks, which continues to accrue so long
% the pretcribed eondluors exist. While, there
lore any portion Of the ejaculation exceeding Eve
pes cent OF the chartered or decl aEed capital is
outstanding, OF nEy Of the deposits remain IN me
eust1oy Ct tho bank or its aGente. tho liability 10
make returns and pay ta1 thereon will continue.
The national currency issusd dutfng the week
ending July ~, amounts to &3,7s7,650. making
total Of Slo7, ,g07, ,gGo now IN circulation.
In Ctnci1uAa Eastern Ex:hsngei IL firm at par
bu,InE and ito prem. selling. Money is close at
SOLO 2 cent 2 anLum.
-Ths Jrtuianee Companies doing buafuesa In
the State ct Wiaconstn hare, In accordance with
IN act passed at the last eeeslon Of the Leslsla-
ture, GepCeIted with the 3tata Treasurer, S3n .t0
IN Wisconsin Siate BoEds as security. or cousae
this all copca cut Of the people Of the State, ~
the rates OF insurance IL Wisconsin, ~ compared
with these OF o'hcr Western Slate3 dAmon:ttatea.
Hartford Ia1ks second 10 New Tofk In the
inau1snce baztnes.. 1t has an sgere Gata capital
OF xR65QCc0 invested IN fire insurance, divided
between ten companies, and these companies hare
asurp,us Of e2,eil,G00, naskt1g tosal Of f9.a0,'
CO. Besides this, there arc I'VE life insurance
companies in the city.
"A Cansda West correspondent OK 4 Detroit
paper says: "Tha more moderate people are TO-
day looking with hopeful hearts to the annexa-
lion Of Canada with tha United States, ns tbs only
thing that Will sayo thom from utter ruin"
II nrs3e m the Yenntf9m9OfF M the
Treasury until Congress can make new appro-
pra,fons, the Issue Of certificates will necessarily
,equirs to be very large. They are, however, a
ycry cu1yEEient form OF security, &1d with their
ftcility Of t1annter, cnsnot produce aaJ ughtneas
| Of fnoney, N sppeats TO be unprecedented In come
| quarters, bns, on the Other hand, NUT rather
sszd to inaa;ion.
| The distribution OF the sxtsx compsnsstson 10
clerks In ihe Treasury Department. voted at the
LIST session OF Congress, has betn made by the
Secretary OF the Treasury. The salaries Of andit-
/ ore, or heads Of bureaus. are decreased rum
| S3,QC0 to 1900; chief clerks from $4,000 10
ECO and q, go; ionssh.class clerks from 61,e01
to Il 500; th!rt-e!a4s clerks from 81 900 to u 8o
The arst and second c1s.s clerks get no increase
o, pay, tnd very naturally fasl sore a5oRt 1t.
in Boston, money continues abundank The
rate fer call loans 10 still five and SIX per cent the
latter rats being generally charged to al sppli-
\
dull, with very little paper Offering, md hut 4
limited inquiry. Rates remain about az before.
tie best mercantile papas passing at 6X0 per
cent. Inferior gzadss pay higher Eates eorres'
ponding with the quality. Ccttincates OF tndebt'
edt ees moro plenty, and ara ofasEcd at rates
which psy aeout pcf cent.
The Bank OF Englsn1 retu.ns for the week
| epGIng 3th inatsnt, .how very active de1.rd for
money, The stock Of bullion II at 8,073, $50.
being eecseaEc Of 4es33i.4Ii, aEd tho reserve Of
notes stazds at E7,5s5,7so, being decrease ol
4Ett59a 100. This pressure upon the RESOURCES
| he e4tabllehmtnt has references TO the paymsuts
at the closs Of The half year, Be-. ~ shown BY q
decrease in the public deposits Of El,t39,a ,a17,
There IL an incrta.n In the o.her deposits o1
e7l9,1I7), az icereass IN the other securities o
q. 1.193,bp3 and An tncsesae In the active circu!a
Ion Of no less th4n 81. Cox, 10.
--Tte stock OF tullion In the Bank OF France
hiss further Increased by f333 900. comnaarela
b,Ey discounted hare increased By 41,26o,00O, tht
rote circulation by e. a69 900, while the TIea.nY.
balances has decreased BY FL, ,200,GE0.
- Corsiderah.e Interest has been excited
CAnlds owing to tho Refusal Of the Royal 1nsnr
auce Company to allow claimant nose than th'
fourteen daJB time specified IN the policy to max
, up his leases. Tho result waa suit, which IN
taen decided a2ainst the insurance Company
A. quite 4 number OF EngliRh INSURANCE
Companies DO bus!nets In the United states. It l
rootter OK Interest to know whether all EnRltsl
pol,cf&s confirm this fourteen days clause, an
: IL re. whether the Companies are ready to tax
advantage OF It, and thus uufat1ly deprive th
| policy holders Of their rights