The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-03-20
FINANCE AND TRADE
Financial and Commercial Items.

Financial and Commercial Items.
The cotton trade in England is very
dull, and the foreign papers report that
very few of the large manufacturers are
running their mills six days in the
week. The majority of the establish
ments have been open only four and
five day in the week, and now the
time is generally to be reduced to three
days.
Grant recently remarked to friend
in Washington: "The Treasury De-
partment has given me more anxiety
than any other, unless except the In
terror. 1t is full of rings l am told
that favoritism to particular bankers
and interests has been common in it
for years. believed Mr.. Stewart would
break all this up, and the surer because
he was no politician"
A swindler in New York has been
sending out circulars offering to dispose
of exact copies of genuine U. S. Treas
ury notes in sums of $500 for SIS. Some
of the receivers supposing that they
could procure counterfeit money at a
very low rate, RENTED the money,
but in exchange obtained photograph
specimen cards of the Government cur
rency, issued by the Treasury Depart
ment, and legitimately sold for ten
cents each.
Mr.. Hulburd, the Comptroller Of the
Currency, has issued circular to the
national banks calling attention to the
act approved March 3, 1869, regulating
the reports of these institutions, and
informing them that they are hereafter
to make the reports of their condition
on such past day as he may designate,
instead of making quarterly reports and
monthly statements, as heretofore. Re
ports will be required at least five times
during each year. The banks will have
to be ready to report at any time the
exact condition of their affairs on a day
which has passed.
The German cabinet makers of New
York have struck for an advance o.
wages. In that city there are l07 shops
in which the cabinet makers, numbering
about $500, and belonging to an assOcia'
ton, are employed. The journeymen
are now earning from eighteen to twen-
ty dollars per week. The strike is for a
general advance of about fifteen per
cent. The men employed in each shop,
however, will determine the price to be
paid. The gas and steam filters ofNew
York, it is stated, will Oh March 22d
strike for an increase of fifty cents upon
the present rate of wages, 81 so per day
The stone rubbers' strike in New York
still continues, the unemployed men be-
ing supported by the hands who have
work. The printers strike in New York
is not yet settled; eight bosses decline
acceding to the demands of the men
aud il is asserted that the men must es
tablish cooperative printing establish
ment in order to obtain the contracts
now held by the employers.
The Herald of Thursday says: The
tendency to firmness which gold mani
tested yesterday afternoon was still
more marked to day, under the inau-
erce of several combining causes. The
activity of the market received its first
impetus, after the stagnatiOn ensuing
upon the settlement of the Cabinet
question, from the rumor that Senator
Sumner would assume a warlike atti-
tude in expOunding his views of our
rights in the matter of the Alabama
claims. To. day the action ofthe Treasury
Department in causing the transfer OF
balances from the country to the sub
Treasury in New York, thereby increas-
ing the currency on hand to nine mil
lions of dollars, was instrumental in re.
moving the expectation that Mr.. Van
Dyck would have to sell gold. In addition
to these influences the decline in bends
abroad, the navy orders reinforcing the
West Indian squadron, and the intro
duction fMr. Sherman's bill favoring
the recognition of Cuba, were operative,
if not in stimulating, at least in keeping
firm the premium at the highest figure
of the day. The bears are still sanguine
of a lower price.