Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1858-05-17
moNEY AND nus1rEEss.
The following is our weekly summary, con-
densed from our Lending exchanges:
TtsoM HEw YoRK-MoNEY Ne sIooKs.

4uG lulAuAAlB 10 bhi SSA7
densed from our lending exchanges:
TRoX HEw ToRE-NoSET AND STOCKS.
(Rren the TimsSl
The recent of 81 81 {, S5l in Gold from Cali
fornia, and tue further transfer of $l,S50,00O
from the Banks to the Sub Treasury in ex-
change for Treasury Bills, are the principal
points in money Affairs. The rates for money
loans, on the street, continue at 4a5 per cent,
and in a number of instances deposits arc left
with the Brokers as low as per cent. per an
nun. Mercantile paper, running to LIST August,
is tnken Mt from 4la6 per cent. August and
September paper, first class, will also go at per
cent. There is nothing doing to-day in Foreign
Exchange, bankers bills. The rates are log S-4
ALTO per cent, the outside figure almost nOni
nal. The Gamers for Saturday are the Ariel,
for HayTe and Southampton and tile BorUSsid,
for Hamburg. The California news is good from
the mines, aud the present Gold manifest very
liberal one. The export from San Francisco
from Jan. / to April 10, was $l3, 223,G 99, as
against SI2, ,OSO same time last year. Mo-
ney Is quoted easier and cheaper ut San Francis
co. Gold Dust now coming III freely, confirms
ing (SayS the Price CWrTeHt)" he accounts Of
the activity everywhere prevalent in the mines.
The Winter now closing has been favorable in
all respects, and farmers and miners are ali bu-
~, availing themselves of its benefits" More
business was doing in Dry Goods of a staple
character.
IFrOn the HeraId.l
There was little more business in stocks, but
prices were irregular and unsettled. The prin-
Cipal changes were in favor OF an Improvement
There were free sellers of some of the lowest
priced fancieS, while the good stocks were one.
rated in only to n moderate extent. Western
railroad stocks generally are not in favor just
now. The monthly reports of earnings are not
at all satisfactory. Most of them show large
reductions in gross receipts, and it is reported
..y-,,nnIitnrav hay hean much
reduced; but it must be borne in mind that the
tariff of freight charges has also been reduced,
aud that it is question If the net income on
each line is not less in proportion 10 the gross
receipts than in former years. The railroads Of
the west are carrying produce tor almost moth
ing, and they certainly cannot be making any
money The great abundance of bullion in the
banks does not appear to exert a favorable infu-
cnce upon prices for fancy stock securities. The
demand for first class stocks is active and Stea-
dy, and the absorption is going on all the time,
to an extent that must ultimately enhance their
market value materially. Speculation in the
low priced fancies for sometime past has been
OF very moderate character, but more stock
has been taken out Of the street during the past
ninety days than during the whole OF the previ'
Gus twelve mouths. The easy money market
has enabled buyers tn pay for their stock, and
keep it without sacrifices in the shape OF high
rates of interest. 1t costs very little now to car
nv stocks, and a small advance in low priced
varieties paws better than any other way of EN-
ploying money. The difficulty of making CAPT.
tai productive, in consequence of the unprece-
denied plethora in the market, has forced many
capitalists into the purchase of stocks and nifur
ded unusual facilities for hypOthecating any
thing in the shape uF a stock security ON the
list. IN business matters we see no Indications
Of returning activity. Prices for all kinds OF
produce range at low points. and the demand Is
confined rrinriurilr the wants for dDmesti
consumption.
Day Goops.-T There is "a lnir trade doing among
jobberS nd at well supported prices. What
tendency there is tn change is in att upward dI-
recton. The auction sales drawing to u
close. Choice seasonahle goods are in good de-
mand, with supply rather short. Fine staple
silks are buoyant in price, as well as all deSira
bic dress goods. The return of fine weather Is
stimulating sales among the johhers.
In domestic goods, bleached aud brown cotton
fabrics are active at advancing rates. DelnineS,
lawns, aud prints also sell readily WUulens,
with the exception of choice styles 0fIancy caas
mere$, are rather dull for the season.
The prices Of all goods wuOlens excepted,
are likely TO b. higher, for cotton goods cannot
he reproduced at present prices, aud the impor-
tatiOns of either silks or cOttons, or OF mixed
fabrics, cannot be had except at an ADVANCE
Wuul, an the contrary, is very low in price, and
rics, prices are not likely to- rise. The cost of
production is reduced, and the over-Stock Of
good reduces the price lower than the cost
Linens are also in great pver-supp!y, aud can be
bought at wholesale far below the cost Of i'm
pOrtation. Many importers have boxed up their
goods to remain unopcmed till the seasDn of ectiv-
ity returns The usual demand for Irish linens
has not existed this spring, and Belfast export
atoms to this country have met with = serious
check.
PITTSBURGH AND PENNSYLVANIA CREDIT.
[grOm the X. Y. EEprsssI
The creditors of the City of Pittsburgh, rep
resented through Messrs. Orrich & Co., of this
city. recently instituted legal proceedings OIL
the bonds ofthe city, now in default, in the
United StatcS Court for the Western District of
Pennsylvania. The State of Pennsylvania,
throughout its entire length, has n chronic habit
of neglccting its corporate creditors, and the
successful prosecution of this suit will be u
source of general satisfaction.
[Prom the Courier and Enquirer.l
BRgApsrUFFs.-rhe demand for State and
WeSt.rD Flour for the local and eastern trade