The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-04-23
CONHEBCIAL And FINANCIAL,


Gold declined yesterday 10 1ssk-one per
cent from Saturday, from which We infer
more favorable advices from Europe; On
the other hand stocks were stronger, 1lt
The Cincinnati Commercial OF last night
makes the following remarks in It's money
article:. $50 eT5s.lt- - lqi -
tEThe demand for money feens to be fully
sustained and represents nearly all branches
al business. This continued heavy borrow
ing can not be regarded ~ q favorable indl-
cafI0n. III shows that there Is too much of
an effort to keep up business on netitlouS
basis, More trading Is attempted than the
real materials OF sound commefee Justly.
In The adjustment OF matters 70 more
natural condition. there VIII Do losses lh1t
will cause serious embafE ents 10 some
ThOse who suffer most Will, of course, be the
persons who owe most borrowed money and
have bills To pay on purchases OF 'mefchan
disc. i'm shott, cash 3 the only perEectly safe
rule now and they who have the courage 70
| he content Withles8 business on that prlnci-
| plenoW, win most certainly be in the list q
the saved ones when ennbaraSsn ents
The Ga.ene Financially writer discourses as
follows 81 80 is3i. ~ ~ y '5sas'il ! :
| The weather In this section continues IA
| yorable and the agricultural districts, where
/ ali a activity, aud nature Is working in such
| harmony with the farmers, present striking
contrast to the sluggtShness which al
| hTanches OF trade and Industry exhibit in the
cJiIeS with Jew EXCEPTION. the wheat cror
/ Il spoken of aSmOst promising; and the htgt
4 DriceS current for all kinds Of produce an
stimulUting the farmers TO extraordinary et
forts, Good crops this year would and thlrtI
million dollars OF solid capital to this city
and would relieve, throughout the country
the deadlock under which business IS nov
laboring. Our present tTouoles are no
caused; as many people suppose, BY redue
lion in the vOlnms OF currency. THESE Wer
aQRrAYRSEd by the foolish talk about an lm
mediate reaump tIOn Of specie PAYMENTS; DO
been slight, and WhenWe take lnbo conSluet
alton the average decline in values, there
really more money, relatively in the eoun
Try, than at any prev13 t.S rs
changes in The volume otpaper money
fIrIt % CROP failures, The extent OF the lattE
fs now fairly shown by the prizes curren
: market At S275 to S so per husheli houE at 8
to SlS; corn S43S7c for shelled. and 759I6e e
!. ear: oats 6596Ic, and potatoes y so and VINE
: we hear that California wheat y DelnB IN
porteIi nom L liverpool, with gold at . pr
Z mium OF &C. we need no further eVldeAce
Z fhe extent OF our crop failures. The dtSAStel
q OF 1855 cost this country, one thousand mi
j, lions In solid capital, and OF TINS hne laF rs
y DrOpoFti0n fell upon the central West. IN
!, tells why collections are Slow why 50 may
y have failed, and why the eOnsumpuVe o.
u mRnd for goods s 80 light, "A recovery VI
come when good cros ~ f,1 80
4 ltary OF the Treasury In regard 70 the, -
rency should be extremely eautons. NoL
y ing should be- done TO aggraYats Inc dlIncC
q ties under which the mercAnnle and man
lfnefuFfuR interests Of the country are laoc
r ling A course Of nursing b needed now n
/ 4 discipline. II this shall be adopted, and y
= crops turn out as we'll rs lhey PROMISE me
u will haGuch an addition to the wealth OF I
e. country, and such \ revival of business
will Insure real progress in the direction
specie payments 1,'' --'.3'--.----'i '-'i'' e "