The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1865-09-19
OneGntelG1qe,rc
RATES OF SUBSCRIPTION.
RATES OF ADVERTIsING.


: excellent business has been doing i'll
nearly every department of trade. The
streets never were more livHy, and
business men generally have not been
in better spirits for years. The whole
sale men have sold about all the goods
they wanted to, and more. than they
expected. The manufacturers are no
exception to the business activity. Up
TO few days ago the iron business
! was the dullest branch of trade, espe-
cinlly i'll the matter of nails, but last
week the mnrket took strong upward
turn, and may be considered as some
what excited with Il still upward ten
f dency. The river has been in an unu-
sually favorable condition for shippers,
although boats have been somewhat
scarce. 1t would seem as if nearly all
clements combined for favorable fall
business. There is II disposition strong
ly manifested in Wheeling just pow To
branch out i'll the way of manufactures.
We hear of projects for new concerns,
nll more or less iron in their character.
but new as regards the products in
tended. The discovery of the desul-
Phurntcd coal mt a practicable depth
between here and Wellsburg, and from
thence on up TO SteubenvilIe, is bound
to give an immense impetus To the iron
business here and along the shore.
Furnaces will spring up right speedily,
and all manner of mills will follow in
their wake. Cheap and pure fuel is tho
first element-the great sLbstratum of
t ms frf f,tr
position in this respect against tho
whole country. Our common sulphur
coalis iueNhaUstibIe, and there is every
reason to suppose that the desulphura-
ted coal will prove just NJ abundant.
The latter coal is now being exported
down the river to feed factories mt Gin
cinnati, and at ii price that gives us Il
decided advantage over such concerns.
There is n very firm and healthy feel
ing in the minds of all our intelligent
people regarding the future of Wheel
ing. Her growth is seen to be- solid,
having its foundation on those things
capable OF indefinite developement.-
If ever we had anything of the mush-
room element about us, there is not
trace of it LEFT now. The internal revc-
nue. returns show how general hns been
the prosperity of our people. We look
during the next year, under the stimu-
lation of a super-abundant currency, to
see manufactures and general trade
largely increased. The disposition to
extend and project is in the ascendant.
Financial matters in the east are gem
erally quiet and prosperous. Money is
i'll good supply and fair demand, and
the rates of interest are better for the
borrower than the lender. There is
very little speculation, most branches
of business being carried on at present
with some reference to the relation be-
tween supply and demand. Business
is everywhere active, and the fall trade
of this year will be much larger than
for many years before. There is uctivi-
ty everywhere, but in nothing more
than the dry goods trade. Factory
agents. are crowdine their mills with
operatives and securing the country for
fresh workers, and still the demand for
manufactured goods is in advance of
the supply. There is, and can be no
accumulation of stock at present, for
;
no check upon the demand. Cotton re-
mains steady Mt 43H45c at New York,
and is coming forward quite generous
ly from the South. 1t is all the capital
the Southerners have, and they are con-
verting itinto greenbacks and Northern
manufactures and products with all
] speed. The receipts of cotton mt New
York, for the year ending September l.,
amounted to 4O0,901 bales, and the eX-
ports for the same time were s., BIB bnles
Spinners took 30, ,636 bales for home
consumption, against 2Gi,gT2 bales for
the preceding year, and the stock on
hand September LIST was 74,SG2 bales,
against $50 bales mt the same time last
yenr. 1t is estimated that there is still
remaining in tho South from 100000 TO
l,OOO,OO bales of cotton, and that this
ycnr's crop will be ,25O, 900 bales. This
is Il lnrger amount than it has general
ly been supposed would be raised this
year, and we hardly think the crop
will come up to that estimate. If il
does, however, or if it apprOXimntcs To
that amount there will he cotton enough
TO supply manufacturers and enable
them TO lower their prices, as soon as
the present almost unparalleled Le-
mand for goods shall sldcken n little.
If the South raiscs 100000 bales of
cotton this year, i'll spite of the unInV-
Orablc circumstances attending the
planting of the crop, it will not he long
before the ante-yyar crop will be raised
and America will again supply the cot
ton for the world. In the present CON
ditiOn of the country the cotton trade OF
the world Is too important and profit
able to be sighted, and every exertion
should be made to produce aS much as
possible next year. All the expert
! ments in cotton culture that the ne
cessities of the past four years have
occasioned have failed to find ns good
n field for the culture of cotton as we
have mt the South, and we can CONF
mand the cotton trnde of the world il
We wish. And, under the changed So
cial system of the South, we believe
: tlintwe shall be enabled to do it. There
is no question about the quality of our
cotton; it is the best in the world, and
although cotton may be raised trifle
cheaper in some other localities, the
same quality cannot be produced. For
eign goods are in largely increased
as domestics. The orders of the
summer, although unusually large,
do not prove TO be large enough
to supply the demand, and new
and larger orders are being sent to Eu-
rope by every outgoing steamer,
The rates for money ut New York
range from to per cent, though the
former figure is the more common one
for call loans. at the West money is
e scarcer and higher, and Mt Chicago 1Oa
II per cent. are the regular rates.
Gold speculation seems to have died
from exhaustion. since the develop.
ments inthe Ketchum case. There was
hardly any change in the quotations
n from hour to hour and day to day, un
til after the middle of last week, When
teas