The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-10-01
CHICAGO.
W NeekIy Review Of the Money and
Produce MnFkels-lndieatiOnS
OF n Brisk Fall Busineag.

ShlGAoVl pSpAeuUet EO.-bu8lneeb IN
this city has been very lively during the
week now closing, in almoat every branch
oftrade. The city has been tlled with
strangers, and the hotel registers show
large daily listA Of guests. The feeling in
business circles is exceedingly encoufaS.
Ing, especially since there Il every reason
to believe that the savings bank panic has
now completely subsidized. Merchants
claim that those who formerly bought at
the seaboard are now getting goods here
exclusively. =
Collections were steady and easier than
usual. Currency has been in less demand
from the grain districts, and therefore
loanable funds are not much reduced, yet
real estate has been quiet, and q rising
tendency is noted on all sides, accOmpan.
led with strong healthy tone, which be.
tokens good times coming.
Money is about ateRdy al 7a1O per cent,
and Eastern exchange 75caSl discount
per $1,000.
Lake freights are frmer, as is usual at
this season.
Groceries are firm and in good demand,
but prices are steady.
The grain market has shown but fair
activity, and except the phenomenal
eIoIutions Of wheat, the week has been
almost stupid.
Wheat has sold from 81 l3 to 81 IS,
closing at the latter price. Owing 10 the
power Of bull clique In this market, No,
and No. 2 Spring are selling to-day at
the same price, and both are some l2
cents higher than the October option,
The receipts have been pretty large, and
it has been a subject Of remark that the
bulls must have been powerful indeed to
control the market In the face Of a mil.
lion bushels of wheat, which came in
during the week. October wheat sold a.
81 O5a1 07S. October corn 4l3a42:c.
Oats 23sa23ic.
The provision market has been rather
dull at times, but pork has Aucluated
sufficiently to make 1t good speculative
deal. Pork sold for October al SlS laEa
lS So; lard s. 50a9 O7i The closing cash
prices were: Wheat 81 Is, corn 42lc,
oats 23ic, lard IS 62laS 65. Receipts for
the week were: l,032, ,4O2 bush wheat.
1901 ,7lO bush corn, G9s,3 $3.50 bnsh oats.
Shipments: 63S, 500 bush wheat, l ,30l, 1856
bush corn, 6S5,53 bush oats. Receipts
same time last year 434 ,l05 bush wheat.
2,S5B,O59 bush corn, 450,770 bush oats.
Shipments: 40,9s6 bush wheat, !, COL O5S
bush corn, $4,000 bush oats.
DROKES SAVINGS nINKs
The week has been pretty we'll filled I'D
IN local matters with Conventions, Con.
gresses, Associations, &c, which have
largely occupied the space OF the news.
papers, and have largely excluded the
bank news. The latter, however, possess.
es a surpassing intereat as yet. Matters
at the broken Institutions are moving
along at the slow style peculiar 10 recoy.
cries. Sydney Myers bank has so far
proven destitute Of assets, available or
unavailable, and as at present advised
your correspondent would consider Il un-
looked for luck if depositors realize len
cents on the dollar, and get Myers safely
inslde the walls Of lunatic asylum.
His peculiar style Of doing business,
keeping books and answering the report.
orial questions confirms the belief that
his mind ia wandering. Regarding one
item in his astets, which reads Sydney
Myers, Financial Agent, Sl23, ,G66," he
made the following lnnatic explanation :
"Iou see, 1t is just this way: The bank
had an account with me as Sydney Myers,
Financial Agent. Well, when borrowed
money on my own securites and passed
it over TO the bank, it was placed 10 my
credit. i was kind OF Offset, and the
cashiers check would make it'all right
any day" No one has yet been able 70
decide even with the help OF this expla-
nation what the item means. The same
may be SAID regarding the bank itself.
Everybody, including the Receiver, is in
q log regarding its true condition. The
Fl delity will, according to its trustwor.
thy Receiver, yield very large return in
the course Of time, probably IS or sol
cents on the dollar. The State has moth
ing new 10 offer.
All these failures have resulted in nu.
merous suits, counter.suits and court
proceedings, which would weary one 10
hear about. 49,.