The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-05-03
pVsINESs MEMORANDA.

God has been slightly sdvan cling since
ia Va, became certainty, and Is now
being shipped in considerable quantities
,,on New York TO Europe. The fact
.as. gold should advance in New lork
when American produce appears IN great
dsnspt for eIpor. to pay ot our foreign
obligations with. msy seem psrsdoxical,
butt probably due to the fact that per-
pus abroad holding certificates OF value
rsst preeen. anxious TO resliz on them
:rdsr 10 obtsin money for operating in
-yduce, which Just now promises to pay
Il. highest margins. Speculation Is In
s,sn and p rk and not in paper. Hence
tie demand for gold, which, however,
usy NEE. with q sudden reaction should
ssPpesr ,hst expectation on the advance
IL produce has been raised too high.
TIE Cbi.s.o tribune Gays tnst &C
tOunIs from vsrIrus points in Minnesota,
lows. l,iaoi., kansas, Nebraska and
Missouri are 81 ic,ursgins with respect to
tie pro, pee, for heat and corn. A vast
inour. OF seeding hss been doIe within
iaepsi two or three weeks, It" farmers
b-Ias moved = .xtrs efforts in order to
ts,tt, 81 al ~ lo.slbie, the ravsges Of
lie g's.shvpprss, SO that the acreage will
!igey suIpass that o. previous yea's'
Gsd crops will find the Northwest in
ihsEe TO reap the full benef. OF high
prices.
TIE Cincinnati Gazette is informed
tbs! here lsa greatly increased demand
'O''esl sslste in that city. This is con-
titeret one of the favorable signs Of the
times.
The Baltimore Gazette says that during
lie past month there has been Q very
rnk,d change for the better in the
Steus. business situation, and during the
~ bali OF II the market Tor tresdstutf,
mPntiCusr has been grestly excited by
Hs outbreak Of the lopg threatened
european var, under the iLtluence OF
SaCh corn has advanced about ~
cents per bushel. wheat IS 10 ~
0ts per bushel, and four ~ to So per
0h'sl. The advance in corn las been
'SOupanled BY very active speculative
1aTenent, the cealings being large be-
!0id 81 precedent, the sales, which have
Principally been for forward delivery,
'10uaslng tor the month to the enor-
10" aggregate OF about 10000. 600
S"ae'' Tae shipments d. not, how
"s'' vary materially from those of last
1on'h' the aggregate berg about two
Nlahslt millions OF bushels, but it is
s'e'ed there are large foreign or
-'' On the market, and further i'm
FO'snentin prices is looked for. Wheat
~ 'OOched higher point during the
fA' month than Tor several years past,
I'"e red selling at 225@290 cents, but
,-'1so Ioe advance has hecn assisted no
'0' oy The foreign sdvices, 1t is due in
80 MAIN to the admitted fact that the
"0pO' last sessen was a very light one,
PHsculs,ly at the West ard ,hs. there
'''y little surplus supply st present in
~ ot the markets. We are now
1'a few weeks Of the new wheat
eN and it is gratifying, at least to
''s'lcul:ursl interest, to be assured
""e coming crop will be much more
unefs;ive one to the growers than
'ny Years past. The speculative
IVY l. Ofesdstuffs has given q de-
impetus 70 the movement Of trade
,'!' ~. and it may, We think, be now
l, ~" TIE revival of business activity
"'ly commenced, and the long
OF depression is over, TO be fol-
70 be hoped, BY q correspond.
T,'0d OF commercial activity and
''1 s0'insa pro.p.ri.y.