, 1880-12-28

Happy Effect of the Rise in Gov
eminent Bonds.
Companies in the Hospital-The Affairs 0
tho Queen Fire Office.
Tho English Plan Of Organization 10 30 Pro.
posed in New York,
Tie Scheme 10 Influence Legislation -Detease Of III.
patiGs Mninal Marine.
Various Topics Of Interest 10 Under
writer's.

Various Topics Of Interest 10 Under
writer's.
Ereeidi Correspondence o} The E1tfdqo Tribune.
NEW YOnK, Dec. 24.-rhcro Is stil doubt
mud dread about tho why this ycnr Is destined IN
end In respect IT. fires. Last yclr It was THO
bohst In f,ostGn that the companies had tnulc IL
gluriuus record for proflt; ind IN some It
WIS counted upon us nh assured fNct that tho
lostnn busIness hati tIot cost tho companies
ever Ii or n per cent of tho net Inc+,mc for
losRrs. fietwccH Christmas and New Ycnr, tho
great slrc In tho Cathedral black In that city
wlpe,l nut tho pleasant contemplation Of Profits
1T II single night, an'] tho gtlt-cilxcd
lloston business of Innny cnnpNN'cs proved n
loss for tho ycnr. a repetition Of
1l,at experience III sunu other quarter, or fl
sor,r other way. Il Just what the cttnpunlcs nru
Eenrln:, now, lest the untlcIrnted profits may
,lwinlo intu nothingnrss. Or 70 up In flrc md
stNultr.
THE s1T1;AT1oS TO DATE.
Tnkinz tho July statements as n bnsIs, md
comparing present results by that standard. It
cnnnnt he aaId tint tho cnfDpnnfcB have EorNc1
themselves with profits this yenr. 1t Is q strange
fMct III tho ttut several. NJ tho largest eonl-
paries. mud MI the E,ElIgii Offices In tho ct,L,il
try, havn tMeN enormously benefited hy tho rise
III Government hnntls. Mnny otIcca hold tho hulk
Of their Investments In Governments or other
securities which have risen III value during
the ycnr This u''vnnec Is cttilnl to a semi-aHnu-
al dividend III per cent 1t will SHOW In tho In
creased, nsscts Of the companies, ant. perhaps.
ElvD sDtne Of them fram Mctin1 impairment.
There Is general belief that tho 1lurtt0rtl COLT
1ninies and most nf tue EnHllsbsnetl. hive done
will this ycnr. 1'l.eRo ulilCes havc q lurRp I'D
vnntaRe OF their neighbours II, Inv expense ra-
ttos. TllGIr cE0rtlIuiis receipts permit liberal
snInrses and cou!tn!saIn1,st and vet keep
tx,hS4
ef.y rivnls. Tic worst situated OfAll the Under
writing Institutions nro tho s.nnll-sizetI New
York concerns, wliuse expenses MOUNT up each
ycnr to III Or 20 per cent, excluding dtsllIeslsls
una lOsscs. They hnrc bccn trying t0 nvereUtno
this difficulty by rolnH Into tho agency hieess.
but wItlInttt brst!1,s 0r other necessary equip
nes lnr that delicate brntschnf the rrnfesst.i.
II they show il profit this year, It will b., little
less thau a 1n!rnclc; II they do not, then tho
atuckAolacrs turll Will couiG ncxt.
MuiIE Of TilE SICK LIST.
Tho lutcst announcement ts. that tho "St.
| Eicilolns"-n small two penny compnny-hns
rc!t,s.retl und Will ~ Into liquidation. Tits
| company bus been I'll Il sicky condition for sev-
crnI yenra, und it4 erly dnlnssu wIls long sItlcu
expected. Tho llopc" is unotLor sinal con.-
runy With har'lly sufficient surplus to puy ono
respectable loss, aid yet 1t llanBs OH
to i!fo With Us much prescnson Us II
It possessed rnl vtnllty. Tho "Franklln
| d Emporium "a iuubte-hcnled CONCERN,
| brought about by nmn!HHnntIun Of Two co.1l-
pnnlrs Of thAt nan,o two yours a40-Is nuotl.or
| Of tho ,ittio cnnpancs with amnl assets and
tremendous ambition. il is understood that this
company s tho pet or Mr.. Francis A.. Palmer, of
the broadway link, md johnson Shepard, Of
| tho Niuth Avc1luu Stngo Line; and that
| whenever It Ia necessary to have moro
stanlps they nrc ready with tho ncetllni,
but tnc company itself Is marked fNsl1,rc, NJ
Wild Wi n fhu m ESw @ Yurk & i,Us,un.s Il NJ nlao ~" Il
siskiy Institution. kcp, alive Tor shd bcue,il Of
n,1l,lJt I,r 'r.,cnrnIzc M !, cn,,,m,,y iksIv Ia
a',csrc,,' IN tin st1,e e. cutc,1rY t,,ny h. nj;ce ID
otr stnn IA ,vn iaw nav nnd 1ho. ru "I ~ ~;
ihn III" ia ,m,ist '' ,"t @ ~ ,rferre! ~ ~
hcySr @ ,s. ,tuey nrs % isove 70 Or ,'iGlo t;
nntir,S sn,yIst. md u,,v or uit .,f inem ;S,n.tJ
i,,.1u,trruE rcilsltru uvcry risk Ind lnv I'll every
l!uhl!lty, sayo and excepting their cnI!tn stock,
ss nsd s S m on ssrp ressy rsissyns "s II rae
si t VII S9 ,mtis 10. X " &C.
l,.isIFior In position and credit 10 better com
GOSSIP ABOUT TIE "euxrx'' OFFICE.
The strcHe:,s IT. II ss,xs 1f 'h9 pf
Am"rInan i"lslncss. Il IL Mni;s, III" tint this
eoy ys niT nW nn as. ,sscsssa as ,nnw'ctt
Hmry or Mr1.e1 II ,R9t Il ;,:t T,;n,,.I, Il,
ssiy that f ul,S!ss s ure n4 yell .a"ags' 1t a!so
~ Is s!sn!*s. y s"o. s''e !ssS'oi sss $cs ps
Ss ,s;,;; 8 s aiSs s;,;5 xSss,, s
,hat ie s,po srg e raoyS A. +; WILLIAM ,h T.
ss , st H. ape os sn11t u, N ~ 'ns G
oSs w. ss'!: @ ~ y Ms ssn!!s! 9 s + % lsSsess
ifislutnt ot tne Inatliugrnt itni!etcs. WHY "vGo