New-York tribune., 1868-04-10
Tho following are William Heath q Co.'s last quota
tiors OF stocks ::

r.c............... IA rs
Money is abundant at 7 per cent, with loans al
of frequent occurrence. Tie eilow of capital Is toward
the Atlantic cities, and already borrowers hayea de-
cided advantage. Commercial bills are quoted gag
for best names.
The statements Of the city banks arc singunly
strong. when the alarm of some OF their managers in
view of the quarterly statement is recalled. Some
Of these report demand loans Of magnitude sufficient
TO enable them 10 respond promptly 10 dopositoTs
holding large balances and no refused iedn' Of
less amount than Hdr balances The facts were TINT de-
mand loans in many cases were called IN war; day
after day. and banks in several cases left a. neat
broken III possible. without going into the market as
sellers of their irterest-bearing reserve The hank
examiner will do we'll 10 ascertain how many bans
on demand" refused TO come on call. and 10 al
monish the hanks laid down upon that their node
Of business Is unsafe
Sterling Exchange was steady. at quotations: Lon
DON co days. lOs. lO9i do sight, 1loialc. Plris
long. 515d5l2l do, short, 5l2lG5lN; Antwerp
5l7ia5lCi; Swiss, 5.l7i d516l; Hamburg, 3Gd3Cl;
Amsterdam, 4lai!; Frankfort. 4o,S4l; Bpnsn,
79.a79l; Berlin. 7l3a72.
The transactions at the Office Of the Assisan,
Treasurer were Receipts for Customs 10000; re-
ceipi5 for Gold Notes $l50OO; total receipts Si9l'-
lSj 40; total payments, $lGGO4iG - balance, EiOl.-
2sS,5S1 o..
Fraehts-To Liverpool. 10 bales Cotton at 5lCd
3D., and by steamers, 800 bales Cotton, at ia ~.
Stree Change tho engagements to Liverpool by sal
were 2CC0 bales Cotton at j-lGa2-Sd, anca Brltisl
lark was chartered direct TO Bristol Channel with
e.COO qIs. Corn at 5i7i, and an American 0ng 10
direct port on private terms.
Mr.. Elizur Wright, the eminent actuaIy says
The Life Insurance Companies doing business IN the
State Of New York IN 1906, of the ss62G7l2 o. c pte W
umS witch they collected ~ tEHt year, pal0 So ~
ds commissions 10 agents. by way of corIthsh,"n ~"
their clcqucnce M Sfsuadirg persons ei,vI ~ t
10000 new members came in and l7e,So od ots 80 ,l 40
In II cost, on the average. about 81 30 apl'c 10 ' Wv
new members aud about &c 20 apete 10 heeP INC V O''
Of Hcir Otcn money Of couisc.
Under the head Of comnissi ors" Hes concealed
the germ Of trouble under which, 1T no remote da'
what are called solvent companies VIII 50 down
in the manner shown by Mutual Marine ana flIe
Companies in the past Policy holders cannot be
too pressing in their questions OF the Managers ol
Life Offices as to the cost of doing their business,
and TO learn who gets tic enormous commissions
paid. Very large incomes are now realized by ON
GERS holding claims upon future premiums and
cases are named where they reach SDOuOp,r ainuln'
IL is evident upon casual examination, lhal thtTe
are two ways of making money certainly py Iie
insurance. The first ~ by an interest III Tue pic-
minms aud the second by the early death OF INC
party insured. Those who fan TO dle young lsy
about lO to get back &C. Too much study cannot be
given to this subject by those now insured, or ex-
pecting 10.
Tomorrow, beinr7Good Friday, viii be obeerycd
as holiday by the Stock Exchange and Gold Room,
but the bankers and brokers Offices viii be open as
usual for business.
. The London Economist OF March - says:
The money market has been more active for tho hst
ton DAYS than for considerable time before. and the
rates given have been higher. couple OF years aeoNe
Leenywatched because II may be the precursor Of much
greater changes. Some perons think that docs obie
such changes but We cannot pgree Win he loi tue vi
lowing reasons:
First. This Is one OF seasons OF the year when to
money market always tends TO be dear for tho moment
great deal OF money accumulaes Ia the public deposit
OF the Bank Of England TO be paid out pgain when Go
market bare FOR many OF the best bills what calhi
the minimum OF the Bank of England is sort Of mgS
mum. The holders OF them 20 round Lombardst, tryg
where they do them az the phrase II. NJ tho owat
shade Of charge. when the Lombardst market "a fm
they have no difficulty IN getting some one TO uhdrrWa
the bank; but when Lombardst Is bare bubrokers are
not 80 ready the rate OF the outer market rse al1
some ertra persons must resort 10 the bank which vii
not charge less than It's minimum. As principe
the accumulation OF money IN the Bank OF Englsn&a @ &
him 10 maintain higher rate OF charge while the eff
OF money from the bank into Lombard a. fayorabeie
the borrower Y money, aud enables him TO requif
OTsS just rS.s before iht k Quarter the Government aa
makes unusual efforts 10 get in It's revenue and
II has additional to do the cost OF the hs
snan war makes II very desirable to say The lesu y
get In as much possible OF the additional ineoee tai
which imposed 10 defray II. On this aecolhi, We
should expect the rise In the value Of money at pe close
OF the present quarter 10 be- "a It has BEEN rac ecae
than t was at the end either OF last Septembe OF last
December.
The principal feature in the Bank OF England return Is
the large increase IN the public deposits eausd " pay
meuts into the bank account Of reYenUe, which Us
usual has caused considerable increase IN lhe other
securities" and dminuton 10 eXtenth the OtDer
deposits. The coin and bullion show W Increase OK
R156,656, although the bank has parted with fl2Uo
In gold for export than It has received from abroad
The Bank OF England statement for tIe week ending
Wednesday, the 25h day OF March, lSe Ia as IonOWs
ISSUE DEPARTMENT.
Eotes Issued 235 O99 Covenant Debt allG6lO0
Other secufiues.. S,9eiWO
Gold Con and :
Bullion. ........' Zo'V'''ooo