The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-06-01
FINANCE AND TRADE.



The Gas Light Company Of Baltimore
has declared q semf-annual dividend Of
5.per cent. payable on and after the I'd
of June.
According to the report of the Ohio
Wool Dealers Association, the clip of
last year was seventy.five million
pounds, and the average price fifty-fve
cents per pound.
1t is stated that the July interest on
the Missouri State bonds is on hand in
New York. The July interest on the
Tennessee bonds is partly there already,
and the remainder, to be supplied by
the railways to the State Treasurer at
Nashville on or before the 18th of June,
is to be in New York before the 1st of
July, and in any event the State an-
thorities, il is said, will see that the
entire interest fund is in hand there by
that time.
At Charleston, South Carolina, Judge
Monroe, in q suit brought by q tax col
lector against the First National Bank,
has decided in favor of the bank. The
case involved the question Of the con-
stitutionality and legality of the State
tax imposed by the acts of the last Gen
eral Assembly on the gross profits Of
the national banks. The payment of
the tax was resisted by the banks on
the ground that it cOntlicted with the
Constitution of the United States and
the acts of Congress of the United
States organizing national bank asso-
Citations.
LARGE INCOMES IN NEW YORK CITY,
William B. Aston returns IN income of
tSs1, 2lO; Peter Lorillsrd, the tobacco
mist, is put down at $l59, 200; Augustine
Belmont, $lO6,O9l; Ogden Haggerty,
49,, 5Sl; James Brown, spas, 725; C. +.
Dambmann, S1O6,657; A. r. Emo, $780,
Osl; Horace Gray, 800, :329; Elias s. Hig-
gins, S347 ST.; Peter Goelet, Sl67 ,155;
B. II. Hutton. 1888, s97; Stewart Brown,
1880, 425; Paran Stevens, SLAP ,9s5; Eu-
gene Kelly, Sll3,753; I. d. Wolfe, slO3,-
646; John Watson, $lls,7l9; Edward
Matthews, 100000; W. N. Vermilye,
Sl2s, l07; w. r. Vermilye, sy23,2l6; ID.
Groesbeck, S112,793.
The WorH of Thursday remarks that
"the stock market was active ard
strong throughout the previous day,
owing to the stimulus given to pur-
chases to hold for higher prices, caused
by the publication of Mr.. McCulloch's
letter on the national finances, address
ed to the solid men of Boston. The
street sees in that letter only further
imitation. The letter acknowledges that
the contraction of the currency and re-
turn to specie payments which the
Treasury Department has been prom.
Using to the country for the. last two
years, will require tp be postponed for
some time to come, inasmuch as the ex-
penditures of Government will exceed
its receipts. The Secretary may, how
ever, raise the money he wants BY loans,
which would tend to tighten the money
market. In the meantime, Wall street
has turned bull on the stock and gold
policy Of imitation to be acted upon by
the Treasury Department in the future.
There was an extra supply Of exchange
on the New York markets for Wednes-
days Cunarder and the succeeding pack
cts, to the extent of about ten millions
of francs, equivalent to f4O0, 900 ster-
ling, for French government account
against the recent purchase of tho iron
clad steam ram Dunderburg. The
drafts were made by the bankers of the
French Consul, Nessrs. James G.. King
g. Sons, at the rate on their sales Of
Tuesday in round sums, 1905 per cent.
Oh London. A preliminary PAYMENT
was made on the Dunderburg, we be-
lieve, about u fortnight ago. 1t is
thought the builders will realize frem
three to three and a quarter millions OF
dollars in our currency by the sale. We
understand that the purchase of one of
the smaller United States iron-clads,
now in European waters, has been COM
pleted for the same government, and
that further sums of exchange, equiva-
lent to f3OO,000 sterling, are soon to he
drawn on this account. The other
standard bankers, after the above ne
gotiations at l09f per cent, contin ucd
to ask lO9ia11o.
The Cincinnati Commercial of Thurs
day says that exchange remains ir-
regular in the experiences of different
dealers. The supply is becoming moro
abundant, and in expectation that it is
likely to increase. there IN a d;sS,o.;t;,,,