The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-08-15
Financial and CONNIE. ciaI ltcm-.

Many counterfeit tive-cent nickel coins
are in circulation. A large amount of
metal, in process of manufacture, and
over five thousand pieces of this money,
were captured ont West last week.
Respecting the operations of the Lon
don Clearing House, n Journal oi that
city remarks: '
The weekly table of bankers clear
ings which we are now enabled to pub
lish, besides forming valuable index
to the amount of business doing, shows
what an immense volume of transac-
tions is daily settled practically with
out the Intervention of money. Since
the Sth of May, when the tables first be-
gan to be published, to July Ii, the
amodut of clearings has reached
the total of f692, 900 900. This vast
sum of money has never been handled,
but the transactions it represents are,
nevertheless, as etfectually settled rs If
handles of bank notes and boxes of bull
lion had been dragged about the city
and the country ut IL very great risk.
OF the grain trade Of the lake ports,
the Toledo Blade remarks
The early shipments of wheat from
this point created qui q furOre among
the Eastern millers, and the rapidity
with which orders have since arrived,
betokel very active trade during the
fall. The quality of the grain is the
best ever shipped from the West, and
not particle inferior to the hest ever
grown on the continent; i'll fact, it
could not he better. The splendid
quality, together with the prolific yield
through the country, tributary to To-
lcdu, will make this favorite point
with Eastern huyers, and this city will.
to great extent, monOpoliZe the trade
in winter wheat for the next twelve
months ut least.
The Cincinnati Gazette says:
Trade here, as well as elsewhere
throughout the country, is dull, but the
distribution of money in the country
for wheat, wool and tiaxsecd is begin
ming to have it's legitimate effect. One
cause of the stagnatiOn in trade, at the
present time, is doubtless the prevailing
impression that with hountiful harvests
all over the country, prices of all kinds
Of goods, and especially of breadstuffs,
would decline with crash, and con-
sulners have hesitated to make pur-
chases, awaiting snch all event, over
looking the fact that stocks of flour and
wheat in all the principal markets had
been reduced tn the lowest point con-
sistcnt with the movements of trade he
fore new wheat game to market, and
that these must be brought up to an
average amount before the question of
an excessive supply can be fully de-
termined. Another thing which will
materially tell upon the wheat supply
is, that farmers generally hold over
from one season to another enough
wheat to supply their families with
bread in case of failure of their crop;
the past season that supply has been
exhausted, and must be replaced ont of
the new crop.
When the wheat crop of the great
Northwest is secured aud in market, IL
will doubtless be found that we have
enough andto spare, but the course of
the markets, both East and West, shows
that those who have been expecting the
price OF flour to rule rs low AZ in ante war
times have been mistaken. We shall,
in all probability, have an active,
healthy, full trade, but that prices will
be either extremely high or low is not
probable.
We extract the following from The
Hor'd of Tuesday:
Our market for breadstuffs presents
no end of anomalies at this time. That
which is noted in Onr report of yester-
days business illustrates how complete
ly we are dependent upon the new crop
of wheat for bread. There is very little
old -four, or -four from old wheat, in he
market, aud so great is the competition
for the old, that medium grades from
spring wheat bring as much as flour of
choice grades from new winter wheat.
To illustrate The high st grades of old
Hour from spring wheat sold yesterday
ut SIS per barrel, while double extr:,
Ohio, from new wheat, could be bought
for SIP. Extra State that had become
sour sold from nine to ten dollars a bar
rel, while Lew seconds of winter
wheat sold at Sa.25. OF course, every
day improves the new -four. and
1T will grow III favor with the bak-
ers. Until they use it, however, no
great increase can be expected in
the size of loaves. There is another
UNUSUAL feature to the trace. There is
scarcely any wheat on the canal bound
for Underwater. The last statement
gave the quantity at 5000 bushels.
The statement of the stock made nm
yesterday showed that we had in store
only $4,000 bushels, or about one weeks