, 1875-02-06
MONEY AND COMMERCE.


Tho financial Situation VAS wnhout my chanRca of
cotc yesterday. Tue eanrcr-husnssa Ut tho hanha
haa Resumed the Qnet features usual at tta eeasnh Of
the year, and tha demand for 1osnA renlatns light.
Tho chief appcahis for accommodations ut The
banks he pork and provision rnau, who rarry-
Ing stuff. There IA light mercantile demand, oil ac
court OF the temporary Interruption Of collections by
the extrome cold. There botEe borrowers among
manusaeturcra ike The makers Of cioshnR. who ars
preparing goota for the sr1lnR trade. The lniscel
laneous and outat,,s demand ia dull.
Rates Of dlscont sro held At 10 psr cent to regular
customers, with concessions Ia good outside borrowers
Of or 2 per cent.
On The street, matters are very dull. With iii
creating RESOURCES there all Increasing caution OH
scrvablo nmnng lenders. Loans are easily negotiated
on good security Inv Al per cent per annnm on
short time. Wo hrar Of offer 10 take one-Ilanlo
commercial payer fnr mouths A ~ Ter cent l'cr
auni,m. hut this cannot bc quoted market rate.
E1sy ns tho market IL, tncra Is Huch ruling rata
this. The ,,E,a1 quotation is st9ls reF rent.
Tuero yez5 little currsucy moving in out of tha
city.
Now York exchange is very dull II Ia quoted At Is
t951. premium batveen banks for 81 900.
Tie cehrings were $3,coo,coo.
f1HE INSURANCE.
The magnitude Of tbs hre-insaranee n1snesa is r.
Nstr.ted by tho following ARrSs eoncerntng ths New
York stato con,paniss. Tia compilation Ia matla by
The Spectator:
Cash ca1 isa $40 so7 900: gross asast. Jau T. ,s15
sss,lu,lcs; nct cash, nre premiums, s?lop4ls; net
eath rscc!p,u 49, 144 ro losse: s. suth ses ma
holders, ag,9N 21i; total s1ls.,anres sai,4s2 sss;
adjnated anl ulsaauate1 claamH and nnla!l lusses,
sri ~: tota l.ahilltiaa, exclusive Of rensr
nnce, capital, and profit scrip *7sGD2l total iIabifi-
Hi ns: srs gs s,er hsF el
profit scrip and rViilsrsnce. SURPLUS over
all liabilities. including reinsurance, cslaL al praft
1 HH5 fkxt t%T1n inn
rrsura,ce and ealitai *14a27o o52; fro sska writcu
Sa,659, 9,7b0, 127."
Tho New Yor1 H,raM Of Fea. 3 f:atea that thu
American Fire Insurance Company Of New York has
given notice that 1t will withdraw froa. tue New York
Doard OF Fire Underwater. Tho Cause sf it, doing
is tho violation by other members Of tho Dosr1 Of
the rules by reducing tbs rates Of premiums on risks
and giving excessive drawbacts The Herald says:
' Tile insurance interests, "a represented by the
close corporation. known as tho Now Yurk lizard Ut
Fire Underwriters have, at different tt,nea. hcc
yueed by scandals about Unfair iu.!t. the part Of
Efforts have ner taken TO lTevent the pukir who at~
1o:zo tsso we;ny corporations ; IT,. from iesrRs ne
fer. Time and agata the chArge Of 'sharp prsctco
Las cch made by ol,e company against smother and
i1ie matter dispute has hten referred quietly to the
Executive Committee, who manage III WY 10
settle the question as 10 avoil KcArlai."
The fire and marine insurance Interest las probably
been the most profitable Of ali during the vast year
As wa latc!y stated, tue Home, Of New York, has
made stock dividend of 20 Der cent in nddHian to
ita regular csst divEdond. The oll Insurance Conn.,
pany Of North America, of Philadelphia, nlnds mill
toil dollars In 18TH.
Thu bua5ness Of tho insurance conpaaies Of Boston
for the year we'll Illustrates what we have paid. Tile
dflren companies havs capital Of st975,eu0; gross
snsat5 JAN. L. o052 a52 net cash trcrc,niunH for
tie ycat 81 ,7s1s marine, 81 ls4s5o7; total receipts,
s4os57; total tosses about 81 200 QUO total net ILL
come. 600, Of which s307010 distributed In