The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-06-04
COMMERGlkI and FIEbECILI.

II
FINANCIAL matters wear an improving
aspect In New York. The stock mar.
Ne9 which is always q sensitive bsrom-
eter, shows an upward tendency, and
there is marked advance in the QUO
tations this morning. Government se-
curities are also better, keeping pace
with the advance in London. Thisstoo
in tie face Ola weak gold market. The
old Ffve-twentles are the firmest ON the
list, owing to the unreasonable
preference given them among Eu-
roPean Investors, who apparently VIII
never learn that the late iSsnes iar6 pre-
ferable. The new bonds bear July
coupons while the old ones pay
nothingsdntfl next November and yet
the latter are materially higher. fany
of our readers still hold the issue of
1862 they would do well to avail them
selves Of present prices to effect an ex-
change for those of 1866. ~ "a a j W
Flour continues 10 fall. 1T is of
nearly ffy cents per bblsyesterday,
and the tendency is stiil down. We
look for considerable further decline,
but somewhat gradual, for 1t must be
recollected that the supply is scarcely
more than the demand of the country.
Were itinot for the prospect before us
of superintendent harvest, we should
be seeing famine prices for the article.
The Cincinnati Gazette of last night
remarks upon the price as follows:
Flour has already declined about
s. 70 per barrel from the highest point,
and at2the reduced rates there Is an nn.
willingness on the part of horders 10
carry stocks. We must not, however;
look for very low prices for wheat or
Hour. The stocks, 1t must be borne in
mind, are very nearly exhausted, and
1t would require large proportion, of
full crop to give us the usual surplus,
Bot while farmers will receive b. nd.
some returns fori1Wheat, Consumers
will not find 1t necessary to pay famine
prices. Next to wheat, In point of
time, comes the hay crop. This will be
large, full yield being already as
sured. The fruit crop may be consid-
cred out OF danger, and it is safe to say
that the yield, not only in the West,
but throughout the 'United States, will
be extraordinary. This remark applies
TO all kinds. ss!i ;s7I.4 lGiti5'5il
Corn is backward, but 1t is now COM
ing forward rapidly. The amount
planted is very large, and with favor
able season a cbrresponding yield may
be expected. But as it will take Odays
to put this crop ont of danger of dry
weather, nothing definite can be fore
Swallowed. Oats promise we'll, and of
potatoes large amount has been plant
ed. The early crop will yield largely.
The result of the late crop is, of course,
in the future.
And now, as people have made up
their minds that good crops will be at
tended with a revival of business, and
the prospects being favorable for large
harvest, confidence is already gaining
strength in, financial and commercial
circles, and indications are noticeable
OF preparations for active fall trade.
In view ofthe preparation that Sec
Rotary McCulloch's letter to the Boston
merchants as,giYen;us, it is not to- be
expected that the statement OF the Ma
tiOnaI debt, which will be forthcoming
in a few days, Will be as satisfactory as
the last. A Washington dispatch says
the Government has paid out in coin
over $4,000, 900 as interest on the $40
bonds, and has only received about
Sc, 600, 600 in gold from all sources in re
turn. The internal revenue receipts
will be about a million and quarter
more than last month. The reduction
will be very slight, II there be any at