The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-06-14

No,3l, A.sssGakssII ia 1854. Asre Casewell,
Erankiin, Granville, Orange, Pearson,
Rfrkingha Stokes and Warren, which
ON hsat pNbdn esd 10. Oh pounds of to-
bacco. Warren county produced in
1860 6,14a,:2l pounds, and Granville
county, 6,O25,574. Mechlenburg is COM
paratiyely unimpOrtsnt, as tobacco
county, the prodnct in 1850 being only
IS ,161 pounds.
A correspondent of an Eastern jour
nal remarks as follows about the banks
OF, Milwaukee: There are four Nationai
Banks in Milwaukee, none Of which are
doing q very good business. % Ihe ola
hanks established and working under
the STATE law. seem to have worked
,bsmselves into public favor, and they
are generally patronized in preference
to The National Banks, whose boards OF
management are more or less new in
the business, and cQdsequeri. inexpe-
rienced. Indeed, they are = aaAch i'll
disfayor thatiin Milwaukee n, Nation
al Bank system is consid> red fail
ure. and many now connected with
them would willingly retire did Ia
vorable opportunity present itself. As
a general thing they are conducted with
considerable caution, as they are not IN
a condition to permit their officers to
take outside risks. There are vague ru-
mors atioat of irregularities in the in
terror working of some of the institu.
lions, but u hurried investigation failed
to confirm these reports, excepting In
one instanc. The usual dividends have
been about II to IA per cert. per year.
The New York Times of Monday, says:
The trade Of the past week was to a
far average for the month Of June.
Both the import entries of foreign mer-
chandise and the exports of domestic
produce are ahead of the same week
last year. The gold export, however,
comparing with an exceptional state Of
things in England last summer, is
scarcely half so considerable. The
price of gold varied but slightly through
the week, and the amount of daily spec
ulation in the gold room, is much aimin-
ished. The market for money was at
very full rates of interest to the brokers,
owing to the heavy drafts made upon
the deposits in bank of the funding and
other operations of the Treasury. Out
side capital, however, has been freely
employed at 6a7 per cent. by the bro
kers, and the cause of the temporary
stringency at bank being pretty well
understood. the Stock Exchange has ad-
vanced since Saturday week, and specu
lation, together with increasing conf
dence in the growing crops and the pros
poets of the fall trade, has made higher
and rising figures on nearly the entire
list of the public fund and railway,
steamship and telegraph lines.
The Philadelphia Age of Wednesday
has the following:
The stock market to-day is character
lied by greater iirmnesE, but the trans
actions recorded are neither so numer-
GUS or so varied as those we had to
chronicle yesterday. The spirit of
speculation is confined to one or two
favorite stocks. AS for the balance,
they are unchanged, either for the bet
ter or for the worse. The interest on
the June seven-thirties will be paid on
the 18TH inst, and will cOnduce some
what to the promotion of greater ease
in the money market, which has been
rendered somewhat stringent by the
amount of currency locked up in the
National Treasury. But greater ease Is
not the great want of the times. What
we need is return to the good old
principles of honesty and economy, q
setting up of the old constitutional
landmarks, cultivation of fraternal
relations, social and business, with cur
fellow-citizens in every section OF the
Union, and a devotion of the best ener-
Uies of the whole country to its entire re-
construction and it's restoration to the
position it held under Democratic rule.
1t is useless to expect such consumma-
ton from the party now in power.
They have turned deaf ear to all APP
peals, made alike by friends and foes.
Such is the pressure brought to bear
upon them by those who have fattened
upon the spoils of the last five years
that they could not do anything If they
would. The people must take the mat
ter in hand themselves. They must ex-
pei from official position those who
have been tried and found wanting,
and replace them with better men. If
they fail to do so after being properly
warned, upon their own heads will rest
the responsibility. .
Governments are sparingly offered,
but prices are firm. State loans are
more freely brought forward, the sales
reaching $4,000. A fair business is do
ing in City skies at former figures.
Company bonds are steady at previous
quotations.
The money market continues mod
erately active. The supply of surplus
capital has increased, and is sono What
in excess OF the present wants of Dor
rowers. Call loans are made upon the
best securities at 6a7 per cent, mostly
at the higher figure. Strictly tirst-class
commercial paper at short date is placed
Mt 7aS per cent. per annum discount,
but there is comparatively little cur
rency for names offered at high rates.
The dry goods markets. dull, and pur-
chases are confined to wants for actual
consumption; prices are low and nnsat-
isfactOry.
The weekly statement of the Phila-
delphia banks shows an unusual degree
of steadiness. The fluctuations noticed
are neither large nor startling. In the
item of loans there was an increase Of
S40O,sl6; in specie 81, 22, and in circu-
lation S5,46S, while in legal tenders
there was falling off of $SG,3S9 and
in deposits 49, $50. The business done
through the Clearing House footed up
49,, So, lS2. which is al increase of
3,042, 299, and the balances were y, 502,-
5ll, which was 1888 less than last
week.
The Journal Of Commerce of Weipes-
day says: We hear from all parts of the
country in confederation of our article
upon the crops. The Southern wheat
will come forward as early as possible
to take advantage Of the hungry mar
ket. No wheat raised in the country is
more acceptable for the early trade. 1t
grinds better than other new wheat,
and will carry on long voyages with
out heating. The following, received
to-day from Charleston, is of the tenor