The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-05-30

. Tho following figures, said to be reli-
ahie and carefully complied estimates,
will probably throw some further iignt
mon the course of the Treasury from
the present time until the close OF the
year. q period of seven months:
Total cold interest which must be pro-
yided for from present time to Jan. ooo
1863 inclusive eos ,UOo"oV
L" 1so, q, Observation-Disclosures. 100000
Total currency interests during the
same period, including both seven
thirties and compound notes.. 46, 0OOO0o
Total compound interest notes, ma
turing during the same period -. s6,Ocooou
The above amount of gold interest
may be somewhat increased if the en-
tire issue of August 7-30s be converted.
The Government estimates Of customs
duties from date to January LIST, 1866, Is
$50, OOO.O 900. Against the compound in
terest notes maturing this year, the
currency interest for the same time,
and the expenses of the government for
the same period, the Treasury has the
receipts of internal revenue, fifty mil
lions of three per cents, and the cash
balance on hand, which is over one
hundred millions. :
The total amount conversions and re-
demntions of 1905 of all issues thus far
ia sslO. OOO, 900, of which $40, 000, 000are
of the issue maturing August 10, 1867,
leaving $3.50, 100000 Of that issue to be
converted or redeemed. The balance of
the conversions are of the issues OF
June and July, 1863, and reach $780,
OOO, 900. of which the government has
purchased large portion. This leaves
the t,tal amount of 1905 of all issues
now outstanding about $500, OOO, goo.
The total issue was $3.50, 100000.
Tho following is from the money ar
ticle of the Philadelphia Age for Tues
day: The Stock market to-day present.
ed an appearance of much greater ac-
tiyity, which was, however, not accom-
panied by any corresponding advance
tn prices. The 'bear" influence was
evidently in the ascendant, and specu-
lative shares when brought forward are
compelled to submit. ito further fall:
ing off in rates. Still these occasional
reViyals of business show that the dis
position to operate is not entirely ex-
tinct. A display of nerve OH the part
of outsiders, q bold lead off such as
characterize the petroleum raids, might
avail much at the present crisis to re-
deem the Stock Board from the slough
of desmond into which it seems to be
sinking. There is no want of means,
as capital is exceedingly abundant. Bnt
there is little to hope for from that
source. There is no pluck anoEg
moneyed men which fits them for lead
ers in a crusade of this kind. They
watch the political and financial atnos-
pheres and follow in the current pub
lie opinion.
Therefore, the whole question comes
back to the former starting point. Be-
fore we can look for permanent re-
turn of prosperity in stock transactions,
we must reinvigOrate the entire general
trade of the whole country, and then
stocks and loans will participate in the
general improvement. The five-twen-
ties in the London market advanced t
to 72t, and an increased demand for
governments is noticeable in our own,
the sales reaching l7,400, with a fair
amount of business doing at banking
houses and OH the street. Much more
notice ~ taken OI tnc Stdle loaiS, anu
% 700 of all kinds were disposed of.
There is no change III the general
features of tho market, either in tinan-
cial or commercial circles. Money is
abundant at per cent. for temporary
loans on good stock collaterals, and 3
per cent. on government securities.
First-class business paper can be placed
at 6Ia7 per cent. discount. longtime
paper cannot be done under lal5 per
cent. per month.
The business in dry goods during the
past week has been limited, and prices
are irregular, with a downward ten
dency. Prices for foreign goods are un'
satisfactory, and in the aggregate be-
low cost. There is, however, no dipo-
sition to press sales. Purchases are
confined to wants for actual cOnsump-
ton, chiefly in a few leading styles of
goods, while the great bulk of stocks
on hand is neglected.