, 1877-01-16
FINANCE AND TRADE.
No Special Activity Visible Among
the Banks,
Counter Transactions Limited by the
storm-..Clearings, SO, 100000.
The Produce, Live Stock, and
General Markets.
FINANCIAL.

ElN NANClAL. |
There whe not much movement In any ocpa'',
sent NJ finances. The revere ttorm 'nsetlcrca
with all kinds VI busfncst and counter tsan.ac'ohst
~ thr c!rn,iDsa show, were limited. The loAhablc
furJa arc In ful use, ani for Tho prescnt tho 'oan'
ab,c tnpactty OF the hanks ia limited. The Buns
in use by packers and Gsaln md provision men -
very large. md. nicd to the demands from Mer'
cnutilc and other rousccs, harc carried Tue us
rcnnt lines OF The banks Us high as thcS care 10
have them.
Rates Of discount wcrc S010 per cent At the
banks to rcsn1nr customers. On tho stsce4 fates
ara Ppcr cent anil upwards.
usw York cschauee was lrm ut 75e per 81, 0o0
premium between banks.
The currently movement was light
Clcannns were 81, 4O0, 600.
loss or BANKING CAPITAL IN NEW YORK.
II tho Hank nt Commerce trducc its capital
from So 900, ono 10 s., 600, GOO the Total amount
Of banking capital Withdrawn from bustncsa IN
New York will be, A. We have before shown. 8lT.-
Gi5, 600. Hut this does nnt measure tile whole
damage II IL calculated that The excctHivc taxa
tlon prevalent IN New York has produced de-
rsecIat!on Of 10 per cent in the yanc Of the bank
stock OF 81, 500, GOO. Ths two mako loss to the
StAto Of la1ablc property of &9,. 140, ooo. tbs
otrects by more than twice the increase OF Sll'-
75o, GOO In tue assessment Of 1875, which has pro-
duced all the recent trouble.
ENTERTAINING CORPORATIONS AND THEIR
STOCKHOLDERS.
Tho Alta California OF The nth Inst snrgcstl
The following mems OF protecting tho stockholders
of the silver. mining companies: "ft Is the rrfer.
enec Of The annual reports of tic olcers made At
the animal meetings Of every company 10 COM
7nitec OF three respectable and Independent stock
1olders mot brokers, prominent spcculat"ts. or
81 e1ums
t,e % reports, and publish their conclu.un. in the
Interests Of tho body Of s,oekhoders." It Is not
The stockholders Of mining corporations TINT alone
nrcd tone such protection, but OF hlmost all cor
rorat1ons whose operations are 20 large
TINT their capital IN obtained by tho sale OF
shares to tho public. Another most pressing
instance la that OF lifc-lnsnrance poltcy'hodeEs
The plan that ecems most fuasib1e In this case IL,
that law be pssted 10 allow tue policy Of
my company, ~ they nto tho parties In interest,
TO examine it, accounts at any tfme and In person
or by attorney. II such law cannot be passed
over the opposition Of the companies, let people re-
nn,scr ~ M, n righ, @ to tbe,r noiIcy.ho,Jcrs.
the NEW ronu CONTINENTAL 1'rE-,SsrnAscE
COMPANY.
Thr Sey Yo.k TftBes referring to tho recent do.
c,,lnn. IN wt;c., we have already REFEREED OF the
Nav ynrk sunrcmc fpurt. snyx.
Thr.e now prospect OF getting At tho truth IN Re.
Fard q the BANKRUPT nn.incns! 1s ~, M % on,
siai have hcen raFf,cd IN 10 ns"d Gy ie sfortanea
vS, r;s as}. G II ts s se
lsssycr .p:.iatsa, e, u .,t "
iai'aafs ria ot :'nRSS Sor"n
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y LEX hssa FL ~ H thcr sx H n % ey
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