The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-09-24
FINANCE AND TRADE
Financial and Com mereini Items.


The most remarkable feature in mon
etary affairs is the great change that
has, during the past week, taken place
| i'm the condition of the New York
money market The whole tendency
seems toward stringency, and it is the
general expectation among the banks
that there will be decided stringency,
and some uneasiness is expressed that
when the heavy demand comes for NOV
ing the cotton crop and the fall wants
of the West are more fully developed,
that the Eastern money centres will be
stripped of their supplies, and money
will rule excessively tight. This change
already shows irself sensibly in the
heavy decline in the price. of Govern
ments, and the fall of stocks generally
that has taken place within the past
week. These seems to be general dis
position among holders to realize, and
there is quite panicky feeling pre-
vailing. The decline has induced Il gen.
eral calling up of margins upon stock
loans, which, rs usual, causes large
amount of stock to be thrown mon the
market.
The Herald says: There has been
moro wailing and gnashing of teeth
among the holders of stocks, and Wall
street is even more panic-strlcken than
it was Prices have fallen with sur
prising rapidity, and stocks have been
pressed for sale in large amounts, hut
the excitement is undiminished, and
with most of the banks, the Treasury of
fcials and gigantic combination OF
strong houses against them, the bulls
begin TO despair of surviving the terri
BILE onslaught Of the bears. The pre-
dictions of the latter have thus far been
realized, and they still say that the
trouble has hardly commenced.
Official figures show that in six years
fourteen billions FIVE hundred millions
of dollars have passed through the
Treasury of the nation. BY the census
of 1860 it appears that the value of all
the real and personal property in all
the United States and Territories, was
sixteen billions one hundred aud fifty
nine millions six hundred and sixteen
thousand and siXty-eight dollars. Thus
nearly the full amount of Ill the prop
er V, North, West and South, has been
expended since the Radicals came into
power. And now, although peace pre-
walls in all parts of the land, the party
in power insist upon increasing the
debt and taxation of the country as
means of retaining their hold on
power, place, and plumber.
The Uorld talks as follows about that
Congressional bill; The ''little bilP of
something over $4,000 run up by one
branch of the present Congress for sta
tionery and etceteras during the year
ls66, is being copied and descanted upon
in the Democratic press to the intense
disgust and modification Of the Radi-
Gals. Some Of the latter accuse the
Democratic Journals of "Paul Pry-ism"
in fcrreting out and exposing this piece
of Congressional extravaganza. But
the fact is that the exposure was first
made in the Washington correspondence
of Republican newspaper; the Spring
field Republican which doubtless con-
sidered that its readers-particularly
the poor taxpayers among them
would regard it as Il very good joke.
Now that the joke has told 80 much
more heavily than was expected, we
presume the Republican,, or some other
Journal of its kind, will direct an eXam-
ination to be made into the expenditures
of past Democratic Congresses, in order
to find an offset to the present figures.
Such d search would be generally futile
and may as well be abandoned. In the
matter of kid gloves, for instance, Dem
ocratic congressman, who are accus-
toned to handle their opponents WithOuf
Sloves-were not likely to be very eX-
| travagant. Neither could there have been
need of corkscrews in Congress until
| Butler became q member of that body;
when those Instruments might really
have been required, in the first place to
"unbottle" him, and III the next place
to draw him ont. Ncr were eight peck
| ct books each, annually, necessary for
set Of the peoples servants who
did not rob their masters pockets
of more money than. reason
able number of wallets would hold.
As for the "l0S5 boxes of pins" recorded
in the '.little bill" as having been stuck
into 1856 pincushions'--the cost of
those, 81, S95 04, which would seem very
slight if the pins had been distributed
by the attendants of the Senate Cham
Der in such a way as TO cushion them
selves in the cuticles of the Radical
Senators, and thus hinder the course of
that malign legislation which has we'll
nigh ruined the country, by so many
hours as it might have take.i the VIC
tins to pull them ont again each day.
The extraordinary list of toilet articles
such as pOmade, powder, sponges,
Cologne, brushes and combs-which are
set down as among the perquisites of
the Radical legislators, may have suf-
feed, except in one or two notorious in
stances, to keep them presumably clean:
but the aphoSism tkat cleanliness is
next to godliness" was never more ut
terly disproven than in this costly en-
pertinent.
View York Market.
s- NEW YORK, September %.