The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-03-04
CHICAGO.

CHICAGO.
Weekly Review Of Finance and
Commerce-Genef Improve
ment in the Tone OF the Mar
kets.
CHICAGO, March with balmly
weather and some days Of sunshine all
channels Of trade are running more &C.
lively. Money is plenty, but there,iS
fair demand for II at eight to ten per cent.
City deposits are more plentiful, the
solidity Of our remaining tanks is an es-
tablished fact, and collections have i'm.
proved. Wholesale trading is more
wholesale than it has been for months,
and the spring is opening with a lively
business Tor jobbers. Retailers report
increased trade also, and altogether the
week has been profitable one for nearly
every department OF commerce.
II 10 fact noticeable and gratifying
that city bankruptcies are largely on the
Clearing, s2o,oOOOOO, against ss2.-
500, 900 last year.
REAL EsrATE
is now simply stagnant mud, but 30 conf.
dent are dealers that the Silver bill will
set the slow wheels Of commerce In
swifter motion, that II Is held pretty
stiftiy, and some papers are already pre-
dieting good times in realty throughout
the coming nine months. A. few minor
transfers are reported for the week.
Rail freights East are continually
weakening, but in the West they seem
firm, which fact is due chiefly to the i'm
mense tonnage Of grain which Is daily
coming in here. As soon as the country
roads get out Of the terrible condition
they have been in for ak months, 1t Is
likely that the receipts here will be about
doubled, 20 that the prospect for freights
is pretty good, and the present rate Of 20
cents per hundred TO New York and two
or three less TO Philadelphia and Boston,
will probably not be lowered much, until
the opening Of lake navigation at least.
GOLD SALES.
Sales Of 5000 gold were reported here
to-day at l ], or below New York rates.
GRAIN MARKET.
There has been no very marked changes
in the condition OF the produce market
this week, but there has been feverish
expectation OF events in Europe, which,
despite occasional dullness, has lent
snap to the markets and made consider
able business.
Wheat has ruled irregular, strong and
higher; with an inclination TO advance
rapidly, and as rule to shadow the gov.
ernment OF British consols. Good winter |
crops are reported ,hroughoutthe North.
west, for although the favorable condi.
tion OF heavy and lasting SHOWS has been
entirely wanting, yet there has been none
OF that alternate lhewing and freezing Of
the ground which winter wheat growers
despise. April sold 81 07sal lls.
Corn was only moderately active, with |
firm and steadily rising tendency, and
ranged nearly 9 cents higher than last
week. OF all the grains corn alone is
coming in less heavy than that OF last
year, not because this years crop is small,
but because last years yield was unpre-
cedented. Sales April were 4lja43sc.
In oats very little interest Is felt, and
the market ia too steady 10 particularize;
sales April 24!a25c. i
Rye was pretty firm, but fuctuated
considerably; sales cash at 55a56c.
Barley was unsettled aud cash sold from
PROVISIONS
We're not remarkably active. On some
days they were dull and dragging, and
closed with heavy downward pressure,
due in part, to the continued large re-
ceipts OF porkers and to the close OF the |
regular packing season; pork sales Tor
April were at $40 20al0 55.
Lard was especially heavy and weak at
the close; sales April Z 221a7 42!c.
THE CLOSING CASH PRICES
Were; Wheat 81 lO!, corn 42!c, oats 24tc, |
rye SEC, barley Acc, pork $40 o5a10 10,
lard 7.l5.
RECEIPrs AND snIPMESTs.
Receipts for the week: Wheat SOL.
600 bushels, corn 5S4,oOu bushels, oats
2l4,000 bushels. Shipments Wheat 502,.
600 bushels, corn 592, 900 bushels, oats
ZEltUVu uubntlbs ItcStiINN nhhe hiAc |
last year: Wheat $4,000 bushels, corn
6SS 900 bushels, oats $4,000 bushels.
Shipments: Wheat 81, 200 bushels, corn
$4,000 bushels, oats III 900 bushels.
HOGS.
Receipts OF hogs were 12l 900 head,
against $4,000 head last year.
FEELIsG OF RELIEF
Rather than OF intense qualification or
disappointment ia generally expressed at
the passage OF the Silver Bill. The silver
people, who are probably nineteen.
twentieths Of all the population OF Chi.
cago, are not so much rejoiced as they |
would have been had the bill included an
unlimited coinage feature, and the gold
bugs are not so severely cast down as they
would have been had the Senate amend-
ments been rejected. Press comment ia
generally pretty severe on the veto,
although a few papers give the President
credit for moral courage and inaexible
honesty and purity Of intention.