The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-04-09
Miscellaneous.

The tax per capita In Boston is 50 1; in New
York, 81 IN Philadelphia, Sll.
The importations OF wine and brandy a
New York. last year, amounted to $ $50 $50
There were lsSO5,ST bottles of champaign
brought in.
! The money writer of the New York TTIbtr,,
says that "the bull or confident element
which 50 long and prohtably ruled the stocH
market, Is disappearing, and 'greenbacks' arr
considered as better TO have than almost
anything they Will buy"
Henry c. Carey, OF Philadelphia, write.
thus TO the New York Chamber OF Commercs
in regard to their zeal for specie payments:
You are making mistake. and it Is ons
| that you WILL in due season, ind reason Il
regret. The road by which youseek 10 traye
has Tepudiation at Its end. and not resump
| The New York Commercial and Ffnanea
Chronicle In speaking OF undue haste in re
gard to specie payments, says:
"Of one thing we may be well assured, thai
/ TO attempt sudden resumption OF specie pay.
ments under the coin standard, would be Il
court disasters sucn as this country in NO for.
mer panic ever endured, and the attempt
would fail after ALL The futility OF all plans
understood in order that the terrors arising
from them may be dispersed, for certainly
none OF these plans has the slightest chance
OF being practically attempted"
It is notable that the very favorable ApriI
statement of the Secretary OF the Treasury
gives no visible prospect of an early resumip.
ton of specie payments. As a figure of speech
the following statement nom the Fraaneia
Chronicle very well illustrates where we arr
and the difficulty of getting into the right
channel:
The captain of a ship out OF its coursC
might just as well neglect his compass hi.
r1ddsE, and his sails. and expect that hG
magic, apart from his own e1ertions and
those Of his crew: Our financial barque has
n nj
nnents- And she must be brought back. mo-
by a violent manoeuvre, which might des-
sustained seamanshiP. Often, amid con.
ntctiDg forces which urge the laborirg vesse
in various directions, It may be making
Tver it might seem to be making Little OF
none"
The New York Tfmes thinks that one OF
the best Indications OF the present unsettled
state of business is offered by the real estate
market. 1t says:
THE saIes this season I'VE are told have
fallen fully three-Iourths below the usuRl
| average of recent years. BuyeFs seem tfmid
prognosticate financial crash, and talk Of
fancy prices as ruling in both the city and
the suburbs Sellers, however, as a Eeneraj
| rule, continue nru; and, as a coEtseouence
their commissions extraordinarily nghE- An.
other faet, bearing upon tbs same subject Is
that the demand for furnished houses wa.
never greater than at present. For this
class Of homes e1tTavagant rates prevail: but
persons who would purchase residences out
right under other circumstances, prefer pay
ing high prices as tenants viii e the uiicer.
talnues ofSvalues continues, to taking even
the ordinary risks Of buying. A glaacs al Inc
auction rooms viii show that the second
hand furniture which Is offered for sale i
vastly tnferior in quality TO that Usually dis
/ posed OF at this time Of theyear. The infer
enSe is that Owners can do better by letting
out household goods which are Respectable
In appearance and present any sort OF value
The New York Tribune feels confident thai
the
Future operations of the Treasury cannot
fail 70 disturb the market, and 70 kear
money we'll up in price and in active de.
mand- The payment ofthe May interest or
the 90 will set free large amount OF gold
and give employment 10 legal tenders nov
able 10 command 7per cent. on call, with 3
commission added. This disturbing element
OF gold interest removed, further activity IN
money will be produced By the maturing ol
compounds, which passing from bank re.
serves into permanent investments, Will force
the banks 10 contract. a bank Contraction
10 keep within the letter OF the law as thei !
reserve disappears can only be effected
through q hQa1uatton by bank borrowers
ending m o reduetion In prices for eomuIodi-
ties sufficient TO bring the cuisines OF the
country within the control OF the steadily
decreasing amount OF currency. In q word
the time Is Al hand when market prices an
70 shrink TO = 6egree which viii be TO every
observer as palpable rs was the advance
| caused by the imitation Of the currency