, 1879-08-14

a Marked uecreAse Ia Such Investments of
Eastern Capital, and Tho Csuacs Of That


a Marked uecrease In saen lnTtatmenta OF
Eastern Capital anu t"o e@"aes Oh faa'
Dncr"a*"'
SNeta' tg1s.'""s' 1os a.'as " ~ ~ as,e.,
HAMfFohp, epou,' aug -" s.a' -, ~.
se'ea,on u,-oa! "1o teasssss .,s,.s 49," - " sae
~! "Ho "'aAee ,,,' Ss...,,.< sat.
t'"t'u'. 'oans -. 's'.s.n stIs ~. s.,.hf, tha
corresponding "sa '"Ao''eu a'n' .",s..' "sa.
past 1eas' tae'' "*' o''A' u'-' ~o~ 1"''t'
The three moueyed centres which have en-
p,nvtdercc. o,,, hartford. The ,atter has t,ai
.,.,ass 1tosu1s' ~" ,,'a ~ ,.a,nr.;on.,c ,barc
so1nethlne Eho1o t"s" - popo' ,4os 1'asa
as manufacturing cnterpr'sea arc oS'he ons' a'a
pap,ca and other corporations OF laFge capital
snn,,s,,v nI.co nonn tho marke. rrcat sums Of
a"u"@'tJ o'Aso upou 49, ~" ~..ss., .a,r, ,..t
money LOT investment 'os se'o'Ai Jeat' p1o'
| the Insurance companies have been heasg ~
ycstors In Wostorp ]oans and few Of the banks
49,, b.,i.o-. horo fo,,owod anti Tie Conuect}-
c,,t sfnt,,a1 lila invests heavily In property in
Western cities. aud ZIG ifaSetc1a Llto a'1".A
Life, and ona or two others divide their funds
prctty equally between c!:y and farm properties.
The tEtna L'fo has long confined ma ,n.oSs. w.
tncnts almost exclusively 10 Ias'ns' Aho m5 ~.
| fnrnant, Hl,o Is somewhat couvefsaut WITH tEe
business of this corporation, stated that INC
f'fyFTrR rRttF rf%%k ~
| p! !, 49, - 49,. r,,v .,,,u+ Fl I'm
1arms'-thc average 'oan nc'n9 aouu' .s1s.,s e''on
The EavinG&.banks Of tie statc until recently
had as thu ss.asrs ~ cs %s ta thu L
,,,n ts ,,a,,o, ~, fsya Tho no,,cy ,,enosl.cd by
lc te pcope | Of tho State held ns home, to b boz
rowed tor manufacturing md other cuterprtsts.
Thc result was, that the banks havo withdrawn
frnn Western Investments. aud the compara-
lively iow loans now out uro those that have not
Sct tnaturea; .,.sa r, ,v...o,, ,,un* c,nt,,,
In the i!'e DAYS oi neatcrn ,oAns' H. cap.as anarr
was drained away 10 LUG me't t,,; Lfo'n ,s s'et ~
souFeo; at1d my lpiormahl tolA OIL. IT, IL ~ M
evtn c11urch'socicty Mhleh pu. aouu! S1V,voGG ~
Into loans On larms IN missouri. lo"at sha sha
vicliilty' lns "as iuat yGs.s IT,. ~, s.,...a IN IN
larger part ol The money mas orch setu!nMSu. " *
only our caaes una LOUIS Sete ~ snaa ss.n ,ssro
has foreclosure been necessary; NM tneso Mc.o
N Iowa. An Immense sum IN lae sfksoGaso i..'
has been loaned ny l3aNsuuas' out y ~ "ngyn ~.
R!blc to arrive At any approximate tRuIc. ,!M 81
1oaus ~cre. IS q RUE, hegot.a.eu ~ Ut s la1, IT,
ylduai d!rect Nith tomo Es1 soc,"t ~
Tue Vest and US VIZ hent 1,ta. w.
here to the end that loca ta1ason a!9a1 M "
avoided. a. c. Bur1ham, at Chanpaae5, IT.
had las handled a iarra part ot .heso individual a
loans: a1 otGr popular agencGs Msto i2Hu ~
Kansas City {Mo etc ln ihe past - PEI tn ELL ar
has beca received on ioans ~ Kansas, & an oaHs ~ r..
can't In Iowa Missouri lnaa1 IT. t,n 1Ilnos
1At u p4Nsout .A%%" ~ a.. i a.,
In the rate uf Interest, IN proportion to ue oe"
crease IN tho Western dc1pand Tor currency.
In tho work OF cnlA!ging INC asea ol ea!tifa.
ton, few ycars ago. thGsc was aa esce.pfeesu.E
call for funds Ile Wet hay mo-, none 70 spate
and the supply Hau ~ Golao hetn a1 LAst T.
aly lnformunt states thnt the dcmand. Is
gradually decreasing ns The Neet Improves
III financial prosperity nnd 1T becomo easy 10 ne,
. gottate loaus t homo markets. Eastern eapttal
! cannot now Eat better th2n per ceht eAeentinE
In Knn.hs, whsrn 10 tNr rent ~ yeI ne lu'!ne !n
J figure. Yet tnesa arr toMpas.E 1ates ~ Tue
cnnitaliss of Tue Eass, Nnels ~ ~ aos-
e!1'ie 70 loan money ~ a5 s''sG ~ ,.o.ost nar T.,
: tive rates. inc legal late u Hltefest nese ~
| Connecticut ms cropped lloul ~ pct Ieut ~
hut money - easy on eoou secuntS ~ =. aha tne
! sarlngs.b banks arc paynh m a7ersso o. on'S Ut
~ DOT cent on uooosts. .-.,., H.
Q 1t ts estimated that the hnnual tFansacuuns 70
Western .oanst esan ahucr tlic y M M u
the business. VIII not Ia!s Jar Snort u
per anntlnl 1or New Enslanat anu =. icast ane-
third Of t1la fcpfesGots tohpeeteut eAp'k4s.
!, tRsm-ptopsrtfcs arc 10 tnost asnaa1u, as nes
y sre regarded as eaisst. ~ uae 'nIeseat a.. ts
usually mose prompt!y pa1 9 e'aa "a ~ 1 S1d e. oti
o gaEes. LonnA run lto1n t3Oo 10 t.ngu oh saen
!. propcgty,-ioHhs larger LINN Inc iast-naunea
figure oe!le cotanoFattse!Y Iases as'a sss.o ~, y
q | ob1tctlnE ~ !oahmH more tnau " VT wv. ~ .
u tho yalhe o. Inc ltth,-mose Eehcta'5. ~!
:, nbnut ooe'thsftls 30 Mat t'te security huall W
~ good bcyonu Qaestloh: !nsIaneos u ulo pan >
g. tnG Of the sohtannuai lntsfest aIe ispoWe.
!, to- be comparatively fale. nnu !o1eciuautc'
J. scldom occur. tof e1anlp'et !ae anIaa
report Of one oi lia!lforns Ia'tsss asn."ns. .
y e!.tnpanes wnien' as noa aoausU ~ .,,ro! III 49,
u Wests snoWs ~ & ",taI ths,h wss t.tom t,nIc
n