The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-07-14
nrsINESs AND rINANcE.

| The Nail Association meets al Fills
burgh to-day. There is better feeling
manilesting itself as to prospects for a
good fall trade.
The National Bank circulation has ex-
banded during the fiscal year just closed
from 1925, so, 69l to SS44, 600, 427, while the
amount OF State Bank circulation has
bsen reduced less than $4,000.
The United States, while 1t contains less
than sixth OF the population Of Europe,
has iour.ffths as many swine, third as
many cattle and q fifth as many sheep as
are in all OF the countries OF Europe to-
gether.
TIE area Of unsurveYed land in the Uni.
ted States, including Alaska, exceeds the
area Of land surveyed and placed in the
market. The unsurveyed portion OF young
Nebraska is greater than the area OF En-
gland, Ireland and Scotland combined.
PITTSBURGH contains 80 per cent Of the
Ientire glass industry OF the country. OF
1.-The flint.glass manufacture it has 40 per
cent OF the capacity located here; Of the
window.glass capacity 10 per cent, and Of
the green glass and bottles II per cent.
A TABLE prepared by the Treasury
shows that the annual interest charge Is
now only s7s,2lS,0Sl. Since August 81,
1866, when the debt was at its maximum,
the annual interest charge has been re-
duced over 81, 100000, or not quite one
half.
In 1850 it took passenger FIVE days to
20 from New Orleans to New York, max
ling nine changes, and many oil these
changes neCessitated a long walk from
depot to depot. In 1869 it took four days,
with two or three changes; in 1873 three
and bali days, one change and now in
IlSsO, a man can go in 6Ohoursand 40 min
utes, one change.
COINAGE has been resumed at all the
-Enited States minis which recently clos
ed in order to make their annual examin'
atoms, excepting the Philadelphia mint,
where some repairs are making, which
will be done about the 18th. The New
Orleans and Carson minis are coming
standard dollars and gold coin. The Phil
adelphia mint will resume on standard
dollars, gold and minor coins.
A WRITER in the International Rcrie'
gives some startling figures, showing the
, enormous growth Of American agriculture
, In 1866 our wheat crop was 1858, OOC
/ bu: in 1870, AS, 756, QUO bu. Corn in 1855
was 704, 427 900 bu., and in 1879, 18TH
100000 bu. Within thirty years the
corn centre has been transferred from the
3 south to the west. The tobacco increase
: has, OF course, been in the Southern States
Within the same period the cotton has in
creased from 100000 bales to 5,2l6, OOO
Arkansas and Texas are the largest gain
ers from the increase in cotton. These
figures show marvellous development and
. progress.
An elaborate review Of the acreage
state and condition OF the cotton crop ap-
pears in the New York Financial Chronicle,
showing an aggregate increase OF 9.S per
cent in acreage, and probable farther in
crease OF . TO 10 per cent on account oil
the fertilizers used and the superior quality
Of new lands cultivated. On the other
hand, the condition OF Alabama, Mississ'
ippi, and Louisiana has been defective
from the start, and it is not thought prob
able that the autumn will be exceptions
bly, favorable to the very close OF the
season, as 1t was last year. The Chronicle
concludes with the statement that the
yield is likely to be large one, the esti'
mated yield for last year being 5,675,OOC
bales.
TuR reduction OF debt in June, less
cash in the Treasury, as officially reported
in the debt statement for July |, was slOr
, 2l4, 494 81. The greater part OF this re
duction, however, was due to theomissior
OF fractional notes, amounting to $3.50,
934, hitherto counted as part Of the cut
q standing debt, but now deductedas "lost OIL
destroyed" The New York Tnbun
thinks "there Is no reason TO doubt tina
the actual loss or destruction OF fractional
notes has been much greater. The Treas
ury might as safely have been authorized
, by Congress to.deduct sl4, 900, 900 as s., S75,
g34 for the notes destroyed, for there il
not one chance in ten. thousand that the
notes to come in for redemption hereafter
will amount to 81 100000"
In regard to immigration to this coun'
try from foreign lands, a New York paper
says:
The largest immigration at this port that
has been known for twenty-five years has
,, been in progress since January l. A great
part Of It, no doubt, Is due to the prosper
ity which speedily followed resumption.
In the first half OF last year the number
Of immigrants rapidly increased. and yet
Tor the half year 1t was only 55,9l9. But
for the first half OF 1880 the number land.
ed at Castle Garden has been III 1862, no
less than 55,0S3 having landed in May
alone. The largest number received In
any year for long time was in the fiscal
year OF 1873, during which at all ports
J 1855, sos immigrants landed, but the mum.
t ner in New York thus far has been very
much larger than 1t was in that wear, and
It Is known that other steamship lines moi
formerly in existence, have landed large
numbers at other ports. 1t is undoubted.
: y the fact, therefore, that greater mum,
t yer Of immigrants are now coming to THU
country than ever before. Thisyear Ger.
y many has sent about one-fOurth Of the
whole number, with Ireland ranking next,
and over three. iourths OF the whole NUN.