The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-04-20
COMMERCIAL AND FINANCIAL.


Government bonds show no decided
change on account of the advance in
gold yesterday. The rise in the pre-
MUM tends to check the otherwise
downward tendency that would result
from sales of the bonds on European
account. At present prices the 5.2os
areF2 per cent! higher in London than
in New York, being 71N, ex.divtdend,
which is equal TO TAX. We may look
for sensitive market for money and
securities until the question OF peace or
war is settled. slf
IN either case a reaction will take
place, as in 1858. Then, return flow
Of q, s, bonds was threatened, but 1t
did not amount to much, and soon afteE
| the commencement of thostilittes gold
declined rapidly. There Is more gold
| In this country now than there was
| then: and there is likely to be less use
/ for it. A war in Europe, therefore.
can have only temporary effect, and
Il while it would create aniincreased de-
mand for American produce, 1t cannot
prevent an easy how OF money, and
that Improvement In all branches OF
businessSwhich full supply OF plti917I
and an increase of confidence Will
bring base 5y rss l
The Pittsburgh papers speak Of a
better feeling up that way in money
Il matters, The Commercial Of yesterday
says: p IN =. z ,--'' :. W
| There is, evidently, brighter and
: more encouraging condition of affairs
both in trade and financial circles. The
: banks are not discounttng much new
3 paper, but they are extending all thu
!, | Recommendation possible to their Gus
TONERS, and the opinion is strenRthe
: ing that our money market u working
Into an easy condition.
The New York Tribune continues Il
3 take its chronic. gloomy view Of hnan
a cial matters. We quote the lol!oMln
q from some remarks on the state Q
q We wonder how muc
l. of insolvency, and bankruptcy, an
L rottenness there Is to be disclose
4 among MS when the huge veil OF pape
!. money shall be lifted from orr boaste
8 fabric OF national prosperity. Are som
of our brilliant fortunes, which so sue
denly blazed out upon the financial SIX
q during the dark night Of our civil wa
K and whose splendors sun illulnln q. y
a iRy 81 reckoning, which must follow
no distant periodI How is our edihce
in look. when the upholstery that no
10 adorns and hides 1t, shall be torn dow
n shRll we be hereafter rs we'll able
"a ichallenge the comparison we noWleoul
d as we are atthe present moment
The necessity for strict supervise
ofthe transformation and manageme
Z Of Iiieinsufance business has just be-
4 recognized by the State OF Ohio.
,st biii Which has passed the Legislatu
y nrovidesi among other regulation
-, thst no Life Company, home or ioreig
~ shell ACCEPT other than life risks 2
g; 'sIsIi Fire or Marine Companies insu
lives. Full publicity is to be Civ
during the progress Of orEanizing as
an Inc sais Of capital stock &c. Eve
ro- Company Is to have at least $780,
i q psid In and invested in designated pp
ere iic securities, or In mortgages onlsre
8 q property Of double the value of
The lmorteaee, exclusive Of the bnildir
tbereon. before commencing busine
and. further, as necessary relimtns
orr 10 [sucll commencementD Is the &
am nosif With the State Auditor OF 500,
scts 81 United States or Ohio stocks, Of th
hlSl rent market vadue,f e below par,
ia no case to be received above