The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-04-29
BUSINESS MATTERS.

Ut is expected that nearly all the
Pittsburgh nail mills will go to work
to-day at the old price for pudding.
According 10 the Sua,s tenants are
golngont and rents are going down, In
New York city. - ~, -
The melancholy days have come,
Ihe saddest ofthe year for Uncle Sam,
6nternHl revenue receipts being but
Sl,9I6,642 for week before slast-the
smallest amount received during the
same lengthioftime during the year.
"A New York paper says that there
Is more real estate offered for sale this
year than there has been for years be-
fore, and people aie more anxious to
sell thanlto buy, but still prices do not
decline. b, 49, - = -
1t appears, by the Produce Markets
Regfe!g, that complete revolution has
taken, place In the distribution of the
Japanese tea crop, for whereas few
years ago the greater part went to Eng
land and China, and . little more than
one'hth went TO the United States, the
latter now monopolize nearly the whole
supply. 80 =
The meter to be used by ditilleries
forGthe prevention Of fraud has been
adopted by the Secretary of the Treas
ury. after its careful examination by
Professor Hillyard, of the National
Academy of Science. y Ofthe many ex-
amined by them they recommend that
of MI. Tice, which has been adopted.
The Commissioner of Internal Revenue
has made arrangements with Mr.. Tfce
for the manufacture Ofmeters and their
attachment to the distillefies OF the
country. The compensation of the in
ventor Is to be determined by a COM
mtttee Of three, appointed by tie Secre-
tary of the Treasury, the Commissioner
of1nteral Revenue, and the nlanufac-
turer. The cost under the law, is to be
paid by the distilIeries.5 The depart
ment reserves the right, at any time,
should the meter prove insnfIicient to
rescind the contract. 1aai-oa lLE-
The Cincinnati Comme, ciaL of Fri
day last publishes a tabular statement
giving the amountinsured, the. amount
ofIpremiums received, and the average
rate of premium charged by the thirty
five insurance companies of that city
for the first quarter of the current year,
and. for the corresponding period of
1866. This table shows that four more
companies reported in 1867 than in 1866,
being an increase of about thirteen per
cent. @ gaf tIa'i. 10
The amount Ofrisk assumed during
the first quarter of 1866 was $S6, ,OOl ,929;
for the same period in 1867 it was $46,-
81, ,4s2, being an increase of nearly
twenty-eight per cent. The increase in
premiums for the same period was
.S1S6, 1l9, or fraction over nineteen per
cent. From these facts 1t will be OBJ
served that, great as has been the in
crease of the companies during the
year, the increase in business has been
greater. This, in the face OF declining
values, shows an astonishiDgly rapid
increase in the property and business
of our city, and such an increase as is |
,unequalled in any other city, either east
or west, Br,E .Srsfs r. ID, ',..-...,..
The average rate of premium for the
nrst quarter of 1856 was I.57; that for
the corresponding quarter of 1867 was
1.54-a decline Of three-hundredths of
one per cent! When 1t is remembered
that nearly, If not quite, all the local
companies have made a marked though
advance in the rate of pre-
lntum for 1867 over that of 1866, it will
pe very plain that the companies, as
whole, have been improving the char
acter Of the. risks by dropping those OF
higher rates and consequently of great
er hazard. This is another indication
that tbs business of The local compa-
MES Is not only increasing materially
in volume, but improving in character.
si+-From therules of tie British Gov
eminent Insurance. and Annuity once
it appears that a man in his twenty
sixth year may purchase an Immediate
annuity of e5 as. Sd. by a payment Of
st0O,; and that by paying an annual
premium of 60 IS. Cd. until he reaches
the age of sixty, oruntil death, he NAV
insure his life for 9lOO, to be paid to bis
representatives at his death! 1t follows
from this that he may invest his RlOO
with the government,iso as to- receive
42 lSs. Id. annually for 1t until he be-
comes sixty years old, and 95 IS. sd. for
1t annually after that time. and may
yet secure the payment ofthe original
sum OF &lOO to his representatives at his
death. 1Egl iaa isl4i sls4sat.9
.-,I.f -JvIs7sIIfS.- -, fa-.-E-