The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-11-28
No Reason to LIZ peel IL Panic.


that these dispatches and interviews bud q
purpose in view. It is charged that they
we're intended mud expectcdto influence
the forthcoming report Of the Tariff Com.
mission, ind through that report the nc.
,ion Of Congress. lie tho purpose what it
may, tho facts, MS they come to light, do
not warrant any scare throughout the coun.
Try us to tho condition Of general trade,
either present or prospective. The coun.
try is on II sound blsis, as the facts will
show, md there is no reason 10 apprehend
any trouble in the near future. Tho New
York Pati,,which is high commercial and
financial authority, takes the following ju.
dicious view OF the outlook Of the country
in respect to finance and trade:
II is M iniallible rule that an "anticipat.
cd crisis" or au Expected panic" never
comes. The very language Of the phrase
contradicts itself. II crisis in commercial
and financial affairs Is anticipated" 1t has
been iorcseen and It's possible effects dis.
counted IN advance. An Expected panic"
IL ~ iunrJi;s:':.s' ueeauhe !a"'e 10 VI!
u iuil.t'" 1;."s.;n n9n su'Hlisi in tic
pieso.a a'I t"n ~. uauo Anu lnaa.
discounted. The crisis" to the possibility
OF which tho Post called attention some
months ago us n situation In which there
'would have to be readjustment oil
credit" Is already past, and the read just.
HUI. ~. =. u.eut ~, .., oeei ia piosaess ,oi
sI.''u ...tsss us WIS "I i nsIsssM! ~
:aiu 'nu, I .ia s.oGAs ~ VI! sopus, so..oi
now raoson ior tho hnI;ai ,La. ,an hos 10
V Mrees hoS haa oe . n." 1 p .a,
~ - ,h,s o'en u,; e1t" 10Y, atiu 'ta'
I,""ss - '"''0 "'''''e' WIN s'e"''''! III
'' TLe.o , - ..,.,
nei ,,, ~: soaI ,; ;en'"!es y .ne eolIlel'
G Ina.a a., .'r m VI w. ihuse''ie n'olc
Hn;,nI S,a a..n ,;, I.:a,s-a. .e'st .ot 'ic
Ut lite mn, llonth OF Two, OF
r asa ' nsnaea.. a !: inost lhlpotmnt o.
t';.s 20 ptospse' VI oetler market ana
' risnIt pi,uSs iot o.,f NAise crop Oh wheat
tne uIp.ssa ",' "n'e'' nus pre'alleu III tie
sen:."; !, ma ,hn n.y. n,: ~ ueatslulis nus us
uast su 's s'r, in"' 'ne WI ~o,'o 's this
it.'s.,;'i, an r ou.t'u 70. ~ ioou' "hu tlc
,"H.;n " nMt IT,. ., aaI'stiela''s t'aye pee1
q nnn non " '' Ia on me noo ~ wv WY
i iaHii' 'o'ooo'oyv a" loo'ooo,ouo pusieis OF
, mnTuS .Uu .."i were fequlreu lor the
worlds consumption, as based upon the
t Ioas dm;,,a ~ ias. ye4l. WINE TINS mas
ueu, ~ so,,o u" .sue, u nas sun peen
n a. ,b y. I sor sufptise t'iat iot me last
Iii trm ' and i hoHa nui Aeis ior Whea. were
~. a. .! h, :nu ..''e s''uuaAy aaVanced. II
INV h.na. pes' gu - 60 appear una! almost every
, ua,.e' sanu =, hu;llah ZOO ~ Europe IS
I:.y ae"'I w., a.iu hish. Corh Is selilhg IN
, ae,po', ~ tne sane Price US NO. spring
s Musa'. IN ue over grams USED rs sub
n '.aunaI au' .olh aaIe consequently ad-
$500 o y; . ,i.a % se..i!s Source. 1he TOOL
U ,n... ~. ,"Is sui'ier "eie' as RUE,
Ne ro o.Is n - .Jiope. ine uet,clehcy Of
.ne po''.o eiop alone IN England ana Ger
,a5 a. i.n' eo, MIN "on aSt year Is COM
lrh ~. Hu d.,9uv!Vo 10 io'ooo.ooo TONS
-. e in snn u',I VI this great aeiclency mus
.,.a,, = .a'i1eu Until very recently
" eu a.a.n ~ - no": ~ we compnte me value
,ro; p ns 40 .oou AZ oi'iS oneLlth OF thelr
, " tha Jatnaua :? 'nc s.tlie "eIsnt o.
En',ia,i iA any I Gy II! Tue potaIo crop OF
a;ssn anu oo @e adny IS equal to de-
tL;s dei,o;ana" o?u'e Wv, pusnels VI wheat But
t ues.I.snSy N 'hs root crops Is not con-
! .i.il - nnS"!su ahu germany, put e1-
.e'l ,san ~ q. Europe. Ihere Is also now
T.pi ioIpte.. n lulthel decrease IN the
a" us,sa IVY ~ a. supply OF Great britain on
.,1s. Ns , -, .no una"'oIaole weather OF the
?aa' ,h on'n lo' pluhtine me wheat
~ ~ tne neAt crop The Mdrk
..u". G.p:s'oi ."e ON says tllat material
iand non, ~ LUZ 100" MheAt crop IN Eng
lanu ~. seShis Inevitable. Inc Baltic
r.. 90 .t nnd i'e oe.. y! AHov are now closed
' ~; 'Is, any, no iuilter supplies OF wheat
1", t .' ia ,U.i tllere. lnua Is exporting
~. III I'M iass Heas, "Ao Austraila none ut
. a.. onuel III THESE circumstances, there
see!us 'fsssen 70 expeeta better foreign
wheat r. th;s i 10 ,So, su'pluS o. american
", sven modar ra ~ , rs out o. the country
tn mt monov ~ i,s.s' ~ WI help vastly
v;v p ,ra,i oy l.a'U ithefs hands ana re,
States The cxnars 'n III I tne United
from ,to AtI rHpol.s u wheat ana iiour
N ;o u ' ~ pofts III Tue week ending
Ln'haIs y; n.Lo. Mele e4uai 70 inooo,ooO
, nunu; -. Mnea' against i4,ooo,0o0 III the
i pes ,E;. n:uhI iices OF wheat have ad-
e '"n M.n'n Wy pasl week IN all Amerl-
tia u ' HUI AUss' "nu Tue general outlook in
''' m.: ane i."s improved.
e. i t.s VI cotloa nave bean pressed down
IT. lE' '%G on.'s, ntSt, by the TACT that Eng
hi" i rr;aos ., I Wv. not anord to pay as
East i',;a, is i1sl year anu compete with
ars nus. 49,, tnu saas spihaefs ana cotton produc-
,,n, nnu' seeona, mat the American crop
tn "s ,nr nn.s OUT 70 DC larger than expected
Nv, ,,r;caa G has Saq go ba1 now that bnsis OF
l',,a. nus peeh established by something
cS r",,o veu,s per pound less for Ameri-
s s ,o w hn,a .han last year., the bottom
for m " ' ueea teoelied. Engish prices
s sor . a,uhSn Cotton begin to exhibit the
T nossa5 s'" Wv hrmness that has been wit
m n,a iIt 'ne INST mouth in European
n ,.n'Lfe,s ,oF american wheat. Exports
v vo', ..;,, " ~ forward IN excess OF last
Sow so''' HieHout sauslhg any iurther deprcs.
s ,,nu' ~ hNsspeo! prices, anu It looks as
t tnuasn aprice i'ad been reached where
,v'I hu sp.aiusrs were willing to take I'LL
t W. ',' w ~ se!I: me exports OF cotton