, 1877-09-10

Corresponding week last Jcar. Il. s 1'B 1247.tksa
nuslSfss Az INTERPRETED Hf THE cLEAiklNds.
Tho cleafinGs Of tho banka Of tho principal cities
show that the Improvement In tuslnehs. though
actual, Ia II ret srry slow. The aggregate hank
operations of aftecn cities for August 1877,
IN larger BY ~ per ccnt than Tor
August, 1877, Hut tho speculative operations
1t New York have swettcd tls cleanngs OF + per
cent : and u August last ycar tic depression in all
branches at business VIVA 60 sc7cro that a gain
ups,n the figures Of that time IL lot especially cn-
cnurari,g. Tho actual gain. apart from specu1a-
tun, nf August, lK17 osts August, lh7p, has hce1a
nhnut 4 or 4 per cent hut tho populas impaticnce
fur the return OF ''gool tlu,cs' ia cxagVuratlng
tho Importance of the IitIo symptoms Of recnyrrJ
ln JUL the tatnu way lhc benefits Of tie European
war were nyctcBtln,afed On tho Chicago Boau Of
Trade.
rnoF1Ts or GOLD AND sILrEn MINING.
Thr sun Fruncsco Chronicle publishes dutaltcd
stat. nc If the production. livdcnlr. aud asscss.
1cnln nf tho principal mincs. lis general con.
clnt,uns are:
This fifteen orc l,od1cs of tho Cometoek hare
been a.stesrd en-. s,:' fs l!avo 5rls!ea s2sn'
no. ~: md ase pa,a IN Dividends s'Hi. sa1. 4sf
fth. III. i+n or little l:.s than 10 rcr gent Of
tnr Ert,ss prohuct. It IL little more Than 81 per
explored nj great rxpeusu without yielding any 70.
turn. They Hrc as fultows: Utah, aa.essel &iHU,.
e99 s4j oo wo;' t.9 ss";"'S1ts tstt @ sG, S1fs as
so6: io's H. 6 W. ias H insscasc. fl s total
profit 10 stIl tI4, 4td. There ha!c been, In addi-
ti% s.n,s arGo s..essn,cnt. ,e,lsa Indirectly BY
@ of up .Me s 1ota ao o
,ncnts about ss7. OjO GOO rnduce tho profits
the tolal rtudne< and Abont Slo per eou.
LlrE-ixsuNANCE IN MASSACHUSETTS,.
Commissioner llhodoa. nt Massachusetts, reports
tina. bvvcu companies doing life insurance buslnesu
III that State ayD had 70 rotirc In tho last yeat and
that all the euupanlcs, homo and alien, had g. 900
lesr ;licica out and SAC, 0oQ, coo lcss insurance
nt tnk at the coso Of Tho rear than at tls begin
ming. The expenses In 1876 Of tho thirty. four
companies dolug busincss In Massachusetts weru
nearly =la, o0O. COO, more than half ths amount
pa!I osdca,h lossea, which VIC and Commissioner
Nhodes agtrH IL ''all wrong"
4 nosrOS FltE-iNsuRANCE COMPANY AND ITS
CHICAGO lroLlcY-noLDENs.
Among thu ruany companies broken by tho Chi.
cayo fire wna thu Independent Of uoston, which
had previously ranked aMon9 tho best tn The
country.
Thc officers Of th,s Company purchased ma]or-
l.y Ut is liabilities, elected themselves asaisntrs
and, after declaring one dividend In july ~ TO
reimburse themselves for The outlay made In pus.
chasing clalms, sat down upon thu asscts. FIR
tnore than four ycats they used lht funds accord.
Ing to u,er own awect wills and laughed al any
aa!rr .,,n, t,,a IN W..to, ~
"no TN s,.eaxsr.I s,,ns ,soe",,..' Nv
Nus " ..e,,so, ,bo n..mrnt IT ths .sr."S ''.s
ascs. A1a 'eenfeu ~ ts.t ~ " -. IL. sesop" wv
tlcHd q! pcf cent, IN eePteMoeE' tafu. together
with positive prplAfss To caoss up tbs estals aud
pay dun, dividend in January, 1877.
Thc.s promises, however. wcro mol carried ont
and 1t Ii likely 10 b. many Year, before furthe
A,yilcna ase declared unless some steps stu iakel
10 hrinv IN. ,...tc In eioso. A u,ccttn. of cred
~ "'t ~ ,r.io..o. r., - -
Hofs WIZ po Ac'" a. ~ ~ ~" ~ y.
hee o1' At'aaS5 A'ts'"PoA - .
Ct tho n1@''e'' auo AL 'as<@Ss'e1 At' 1n''3s1
a''ehn" ''ehn"-.-.--.
hAF1D fAafA@A''oa1 - s1A"eh 1o@ ""ao"i
atoNs
A stmi- -ot1cta} authority II said to be the souFt
$50 rfH 4 m fntt kn1 WeAh
i
tnKtGn with ftEnrd to Lbs preparations being MAD
nv Franco for bpect8 rfEuMUti9u: