The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-07-20

Efforts ofthe specuIators to spoil Good
Ih!ng.

Efforts ofthe SpecuIat0rs TO spoil Good
Ih!ng.
" J, ConRErcial BHIttLH.
Notwithstanding decline OF some 3l4c
per pound since the alleged June corner,
on paltry IiIatter OF 500 packages, our
butter market ftill appears in very crit,
cdl condition. For that matter, many OF
the large and intlu initial o. e'ators ieok
upon the situation with Sci ious apprehen-
sion, and are str0ugiR denunciatien OF the
methods through which portion OF the
trade haye succeeded in bringing matters
to their present state. Ia the face OF u
magnificent dairy season, and thus
for probably the largest make Tor
many years, lew Spectators, and through
their influence, too, many misled pro.
ducers, have persistentlY overlooked the
experience Of last year, and instead OF re-
sorting TO every reasonable means tending
to keep supplies in motion, have ordered
ton alter t0u Of butter into store, in What
has proven the vain hope Of forcing buyers
to terms. The result Is that to-day IN ag.
gregate OF certainly not lees than 100000
packages have accumulated at this point,
with sonD estimates adding 5000 to the
above amount, Silh heavy daily receipts
still coming in. And what il 10 BECOME OF
it alI2 The home trade seems to be getting
along very well on odd arrivals from this
State and the stock they carry on their own
account, Wule Ut the prices generally ask
ed exporters do not want it. Stripped OF
It's verbiage, one OF the principal argu-
menls il, that exporters must" take the
stock. This Is ridIcnloug, and there Is no
''must" about 1t. England has TOR several
seasons past demonstrated happy faculty.
for getting along With very small quantity
OF butter when the cost was high and abs
sOrbing liberally when the rate was cheap
and certainly Il she could declare her in.
dependence Of the American ctP.ring last
year, size can do so this, with her own pro.
duet ard that OF the neighboring
countries showing quite an increase
and cleo in mnGt attractive and deceptive
form meeting a large proportion ofthe con-
sumption. Continental. buyers alSG are
Qulls 10 iudifE, r-nt toward everything ex.
cept Low aud cttgp stock but obtaining
this, Eoulfbecome fair cHstomers. Some
{! our holders have taken the bull BY tue
horus and malea break within day or
.yo, thrOrgh which few Gales on foreign
count were negotiated but the aspiring
s.cnlatnrs, to protect l?J their yellow ele=
plant, have already commenced bidding
the market up sgGlu aud driven oil many
operators who were about ready to negotl'
Ne. Indeed, tue chance to sell appears
II send holdeRs OF at q tanHeut at once.
q I'D they retire behind their barbados to
await the attack that will probably never
cNme unless the Coaxing strategy OF more
attractive terms is adopted. II sprobable
nat zoe Tor creamery might act as q lair
'arttr, but from present appearances It
would not be amlSs to prepare Tor someE
tang lower On q large proportion Of the
supply, or CaIryit over until spring and let
shippers at that time decide what they will
give for IL. Shippers eau no doubt do this
very nicely through experience, obtained
during the cary portion Of the present year.