The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-06-08
FINANCE AND TRADE.
Financial md Commercial Items.

Financial and Commercial Items.
The National Banks make, OH July l,
their regular quarterly statement to the
Controller. With each quarterly period
for some time there will be decreasing
number of banks to report.
The Central Ohio Railroad company
has declared a dividend of per cent.
for the six months ending May 3lst, on
the preferred stock of said road. Hold
ers of the coupons of past due interest
on the second mortgage of said road
are also notified that the installments
due LIST September next, and March LIST,
1868, will be paid at the Western Ma
tional Bank of Baltimore on and after
the 18th instant, interest being deduct
ed for advance of payment.
The Chesapeake and Delaware Canal
Company has declared cash dividend
of 3 per cent, clear of taxes.
The Frederick County (Md.) National
Bank has declared dividend of per
cent. on its capital stock for the last six
months.
Many of the national banks, finding
their circulation Of great prsfit to them
are anxious to increase it, and it is ru-
moredthat the Secretary of the Treasury
has made or is making arrangements
with some of these for the issue of new
notes in substitution for those of banks
which have failed or been placed i'll
liquidation, the increase, however, to
be limited to the amount in which they
may Individually buy up the notes of
the extinct banks. The consequence is
that certain banks are willing to pay q
premium of from three to five per cent.
for the latter, and the aggregate of the
forfeited circulation Is sufficiently large
to make its redistribution question of
public interest. The amount of ma
tiOnal bank circulation is limited to
$500, 600, 900, and the Secretary of the
treasury has no authority to reissue
currency in the manner described.
Never before in the history of the
country" says the Journal Of Commerce,
shave the crops given such promise of
plenty. The hay crop, one of the most
valuable, is now beyond the reach of
any ordinary calamity, and the yield
will be unprecedented. Our city read
ers can hardly understand what an i'm
mense gain this is to the cOuAtry. Dur
ing the last season the farmers in many
rural districts saw the bottom of their
hay-mows for the first time in score of
years, and forty to fifty dollars per ton
were often paid in the very heart of
agricultural districts largely devoted to
grass culture. The crop of 1860 wasput
down in the census at little over nine
teen million tons; that of 1860, by the
Agricultural Bureau, at 21,77S,627 tons,
valued at $2l7, 561 1898: but the yield of
1867 is likely to be over thirty million
tons, gain whose importance can hard
ly be overestimated.
THE wheat crop of the United States
for 1866 is given by the Bureau at 151,-
999, 906 bushels, valued at 1885,, 773, 646.
The yield this season is still subject to
more contingencies than the hay crop {;
bat the testimony from all sections is
more universally cheering and favorable
to the largest estimates than ever before
in our experience. The same is true of
the corn crop. The yield Of Indian
corn for last year was given at e67 $780,
295 bushels, valued at 1891 ,666, 295. For
this year the promise now exceeds
twelve hundred million bushels. Other
grains, and most of the fruits are equal
ly promising"