The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-08-06
COMMERCIAL AND FINANCIAL.

UumMnnUlhI- hHU IlN1Hulnl'
We see, in town Mr. A. Holmes, tbs
ira Yelling agent Of the New Y6fk Com.
DleTeidt Chronicle, and Hunts Mer-
chants Magazine. We have for long
time been readers of the iClsEo1IiclS al
this office. Much that is valuable and
interesting in our commercial and
financial extracts we get from its col
umns. Beyond comparison, it is the
best cnllectiou offlnancial and comIner-
cIal statistics, domestic and foreign,
that we. know OF in this country, aud
its weekly numbers cannot help being
of value to bankers and merchants.
The New York Post speaks of 1t thus
This weekly journal is an able rep
resentative Of the commercial and
financial interests of the United States.
It presents clear and well-written state
ments OF the business of the cou ntry,
in all its branches, and its editorials
subjects to which it is especially de.
voted. 1t is worth to any business
man ten. fold more than its cost"
The Boston Post says of It: ~ s.
"The admirable and convenient form
in which il Unpublished, renders 1t very
desirable in the office or counting-room
of all parties interested in its contents
land what business man is not n for
reading and reference"
The New York World speaks OF 1t
thus: as4-s sEsa...E -fzs rEE
every banker and merchant ought
to keep on hand for reference all the
volumes of this valuable commercial
journal, as 1t contains complete re-
cord Of the markets and the course of
prices, together with the transactions
at-ths- Nsw-York- Stock Exchange.
These are useful for reference, and in
seasons like the present are indispensa-
BILE, in order to form correct opinions
in regard to the probable future course
of prices"
Mr.. Holmes, the agent for the ChroHi-
Gle, has already called upon some of our
business people, and will call upon
others today. He aims only, or at
least chiefly, to see leading business
parties, such as bankers and wholesale
merchants and manufacturers, parties
who are interested in comprehensive
and thorough Information as to the
business details of the country. To all
such we say, take a moment to exam
inc the extent and variety OF the ChToRi-
Gle when Mr.. Holmes calls upon you.
DURING the year 1868 "the production
of petroleum in this country was nearly
900, coo barrels, equal to about 800, 600
barrels of refined oil; of this amount
over 5000 barrels were exported.n
But the wealth accumulated by individ-
uals in the first sudden excitemento fthis
trade has not generally profited them.
''From one cause and another" says a
journal in the oil regions. "by specula-
ton, or drink, or gambling, OF broken
banks-the greater part are about where
they began; many, indeed, far worse.
Suits almost without number have been
brought for the recovery of moneys
fraudulently obtained, and the only
thing that prevents the commence
ment of others, is the disagreeable GER
taInty that the plaintiff could not pay
the costs. Many companies have al
seemingly resolved to spend no more in
this country"
The productive localities are contin-
uaIIy changing, and a farm that Is sold
for a song to-day may prove the centre
of deposit Tomorrow. There Is de-
cided increase already to the amount oil
petroleum exported this year, as COM
pared with that of 1866, the quantity
SO far exported having reached 81, 2S6,
Ss5 gallons, against %, 1871 gallons
during the same time last year. This
8, 126, 674 gallons, or 70, l61 barrels.
THE LATEST HARVEST ADvICEs.-Re-
20 -Jinor tho for0i0D and domestic har-