, 1877-02-07
The Banks Find the Supply OF
Paper Decreasing.
Shipment Of Currency to New York
---Clcnrings, B2,D00,00O.
The Produce Markets 1rregular'--Pro-
visions Active...Pork Weak
Lard Firm.
Wheat Strong Early, nutl Weak Latcr'''
Corn lfca,y..-0ats Steady.


Thcta IL very lttle change from uay ~ Ivy ~
local finances. Tho supply ot paper te emai1t anu
the ioanabc funda OF Tue banks arc aeea",uAs ,,..
The demand from tho Hoard Of Trade. whiea s'is'
taturt tho foan.market Mt d limo when u - c3
ncstcd to &c dull. has subsidized Tho supplies o'
mercantile paper arc mcagse. and tho sitha''on ~
becoming 1rfet and dull.
Rates or dircount arc 8Gn10 rcf cent At thc oank.
to regular cuHton1ct*. On Tho atrcct, Fs1eh arc
Der cent md unwartls.
New York exchange was frmcr. and rnlcs wrrc
nado hstwecn banks at h0I1Jc per $l.ooo
prcmlam.
Currency was sh'rped TO New York.
The clcatings wcrc 81. BOO. 00O
THE CONTINENTAL. LIFE.
The remarks Of counsel before Judge Pratt, max
Ing recommendations a. 10 the 1tecelvef Of inc
Coutncnta, Life 10 he appointed III blace of H. j.
Anderson, reflected severely on The management
ottuc Company and the suspended Receiver. One
OF the LAWYERS sald Tint he had been unable whto
Mr.. Anderson was Receiver to get = look ~ tue
books. but that slnce Mr, Butler had been made
referee he had had uccess to thcm, and had fonnd
in them recoEllH Of tnconcetyHbso corruption,
f.and, md inlnntty. Anothcf 'awyor eh'a tha-
pending IN application for Receiver III oetonce
last. Director of the Company received s13 5'o
f.pn Oct ot 10 lct. ~. while lie was lntebteu 10
the Company s:,s, 0:;o for money borrowed F1Tc
LAWYERS received $40. o53 pentug the order for
Receiver, and two Directors bnFrowtu nancy tcw
dnys before tho Cnmpany's fa!lnrc on lhe stock OF
the company. The ncw istrcirer, rhnse arposnt-
mcnt has been announced by telegraph, ID ". X.
Erace. ... .... ...........-
IMrntaovMEyT AT HAHD LAtloR PoR ThlSV1ao
sAytNGs-BANk OFFICIALS.
A hill has been Introduced into tha New DIX
Legislature By Ms. D'1latn, of New York, aitec1-
inE that any eavfng.-bnnk Officer or eup1oyo WHO
,ntsapproprtntcs any eaylngs-bHnk lundd Hhall oe
deemed guilty of fcInny, and be sentenced to I'm
tn1or in Etntc Prison for from
two II i've ycnrs, md 10 rny fine Of three times
the amount misspproprfatcd. Any other 1nrtic'
tpsnt IN tho mlnapprop1latlnn shall 10 1iabe to
imprisonment for similar Term. Ary person con.
cerncA In tho preparation Of false statements shall
be deemed gnity Of fclopy, punishable Wy impr'aon-
1ncnt from two to nvc years.
THE xEw IEHsEr MuTuAL's REINSURANCE.
Thu annual statement OF inc National Capitol
Life insurance Company was n,ed by Mr. Noyes
on Thurstay with the Secretary OF tho interior at
Washington. The anAets Of she Company as shown
by lblb statement nmosint 10 1lttio moro thhn
SD1O 900. This does not Include The as'cfs OF the
New Jereey Mutual. j. II. Stcdwcl1, tho former
President OF the aforementioned Cou,pany, hss TO-
turned frun Washington, hut hc declines TO say
anything In regard 10 tho reinsurance Of ss COM
tahy uutIl the decision OF the question Of tho
vu1,lity Of the transfer, which Is now before tho
New Jersey conrts.
r1t1 NEVADA BULLION TAX.
The T,sG!n!a Chronicle ol tho 9Th ult. has =
report Of conference between the Finance Cont-
7i,,ves Of both I1eascs Of ths Nevada Leglslatara
aud the representatives Of tho mining Interests on
tho Comsiock f.olc Tie latter stated their casc.
They ln not ask repeal Of tho bullion tax, nor
any release from tho payment Of thclE falf and
equitable proportion Of the tag required for tho
support OF tic Rtaio Government. but they nsk
Tint their property shou'd be taxed prceiacly 80
other propc'ty IL taxed Ren1 estate, ncschsn'
In tar ia n
xcs4cd 1t m easy valuation, usually arrived at iy
Euce.wnrk. never nwotn to, and rarely at any
thing lllso lts nctual salno; whereas tho mining
companies arc required 10 make return under oath
nf every ounce VI bullion, which IL assessed at it,
full value, md the tax IL rigIdly collected. Tho
Finance Comuttees Ind not yet reported 10 their
Houses when thu Chronicle made ita rcport.
gAs YRANcIsco r1v1DENDs.
rho Junnary dividends paid by San Francisco
iocal corporrltons amounted 10 81, S7G, 40O A
summary OF The dividends given nbove compares as
follows with The SAME month last ycaf: