, 1876-10-31
New York Exchange Scarccr---
Tho Clcnrings Y;},GOO,OOO.
Tho Produce Markets Steadier
--Provlsions Moderately
Active.
HreaaatuGa Quiat---Wheat and barley
Easfer.
Exports from the seaboard--Visibls Sup
ply Of Grain.


Change Lu the financial situation. The cleaHhRh
thow that business IL comparatively quiet ihe
banks agree In the statement that the offerings Of
paper arc getting lighter The dimtnntIon Of
transactions extends to all departments Of 6naute-
Tho country otdcrs for currency hare falcn away,
and tho receipts ct wheat have decreased. There
n mn abundance Of }oanab'e funt's.
Rates Of Discount are 8Gb10 per cent at the
banss to resulnr customers; speefai rates arc
1nadc In enme cases. On the Btscet bualnrsn ls
quiet; rates arc per cent arl upwards.
New York exchAnrc was scarce, and Was quoted
al pnr to &c per 81, COO discount.
Tho clcarinys were 81 900, 900.
THE CONTINENTAL LtrE-1NsuRaNcE coMPAET.
The Continental bas largo number OF policy.
holders in the West, who arc interested In ita
present condition. and tho causes that led 10 It's
being placed In tho hands OF 1iocctver. Tbs lat
Ter arc plainly set forth in the complaint OF Alr j.
q, lnyt aaklng for the dissolution Of the Company
nl,tl tho appointment Of Receiver. The sub
F:allcc Of his complaint Is that aiNcG thu lat Of
january, 1876. the cuarpe uf the Can,pauy's bGs'
fcss las boon very alAastsnus II llas lost large
amount Of money by the failure Of Insurance. cont
',anies which It rclntnscl large number Of ,ss
policies, by the failure Of bankH In which IT lad dc.
posltca portlun OF It's rcscryr, by depreciation
bf tho sccusittcs In which the reserve was invest
cl, and by depreciation IN the vn)no OF real ca
tate Consequently, tho Company has not tn its
possession a sum sufficient 10 form rcscrvo fnr
IT'S outstanding policies, such scsrrvc being cal.
eaateu aesuE"'nG " tse Amc.""m 1AFe.".tu ~
ian'e anu ~ pct cent interest," e"1 ..s asaote NJ
1n''y snoo' upo snoF' o. sach sum- VOL a"t'"s oh
hah me nlnouhi necessary 90 ~ KEY. " .n'ss.
ca as reserve upon poNc!es 'a"co, u M" s'0!a.sa
tho provision OF lta act uf incorpnFaton, anu thu
provision U. tIe ee, "as'hE " o"''eAMIy t'Iea.m
VI 'Inst asA,nas s"l" pon,y s" w' -. aos
s. w e."a'I. W." .uo ~. @ ,...
!ao'o " '"ot'a''s "s wv" NV aa'"i''u'' t'as
~ pef eGmt n, .n.eIee. W. ~ VI. -"
!'e'lls' t"a ""a u'A"o ~ n''ea.u ~ ."o
to.ta".ass e"y u"s".ao ".s ~, ~ at,a.
MY .'i"sn, ~ :. t,'.seuse ass"'s ~ - ~ 49,,
neS'uchesal; a,u ~ eon.1an.. w. ~ .ay on o'., ~.
.'sss u WI, uI,'y M, ,"s'uas ."o -. 's
Aetetee' .'o ~o."P"a' :" ."eo' u"s a'a ""1o's
pas '.s =. 10 o,,.",. IT,"
~ -, ~ ~. H. .n,,..t.,s ff.",
~, H.. LILLE, e .a a.,nar ~, Lsas.,,,,,
rEe ren1 rsnts in Nissan sIeet Is n9cci In tn renurt
a. xa.saa,; Z c.9a Mt IT ba sold te;day fer S3 tn
~ itnnE of Nnw Yurk oyer S1 nU by tic faaTu Of
,he southern Life lnslrGnce Io,nrahy, # least $u:
~ S y, assns yh}in IT. ,nruus o1smed IL
Iah,lary wha only $745, 49,
They poltcyhollurs, who are inqusFlnE whether
they shall continue to pay ptcmlnsns. aEe told that
the attorneys on both sides aBfes that any pre-.
nlu'as paid after the appointment Of Receiver
will constitute special fund, nut to be included In
the general assetS. Ihu attorneys fnrt!cr stale
tlat The enttrc nssota ~ inc corporation arc the
Property u ttld pollcyholaeFs anu 70 regain inos
h"eFcst thelcm .hcs 'nuHt ."htlh"e ~ !'ay 'hatE
premiums III thes po.tc'es WI lapse aecofa'ae 10
ehntraet, anu shry VIII 1otfelt Whit they have a.
feahy paul.
ANOTHER NE" fohN INSURANCE COMPANY IN
1"ou'.'n+ 1.....
INC Ih"e" states i.le-snsufanee company han
oeeoi,e the aap1eeto u lltlgat'on: temnofary NJ
Junction aea1nsl'1 WA esantea on ttlday latt IN
Nc" ! hFK IL r1osehl lhc conhhnmal'oh VI an al-