The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1914-12-04
WHEELING BOARD OF TRADE
RECEIVES INFORMATION IN
DETAIL.
Secretary Mayor Sends Information
Concerning Local Manufactur-
ers-may Bring Results.

Reports giving information as to
general conditions In Germany dur
ing the present European war are
being received by the Wheeling
Board OF Trade from the American
Association of Commerce and Trade
In Berlin, which institution Is a
member OF the Chamber of Com
merce of the United States of Am
erica in Washington. ID. c. A copy
Of the first report. which are 10 be
received weekly. arrived yesterday.
II was mailed IN Berlin but reached
the United States via Italy.
Secretary Naylor yesterday sent .
list OF local concerns which might
be interested In receiving the re-
ports. and also enclosed a list Of
products manufactured in this vicin-
lily In which German trade might be
interested.
The first report. in part, follows:
Money Market.
The condition OF the German Imperlal
Bank (Deutsche Reichsban which at
the outbreak of the war was very favor
able has since steadily improved, Ac-
October. 2Srd. 1914. The amount OF
specie Increased during the time be-
tween October 18th and 23rd BY 3a.4
however. decreased BY 93.2 million
marks. which means that the gold re-
serve covering these notes has increased
from go per cent 10 46.t per cent. The
condition OF the private money market
which; since the beginning OF hostilities
unues TO be- favorable.
German war Loan.
The subscriptions to this war loan eN-
ceeded all expectations. In order not TO
burden the money market too heavily at
one time. stipulated percentages OF each
subscription are to be paid on various
dates On October 5th. the first Of
these dates. approximately $500 MILTON
marks were paid In. This sum exceeded
the required amount by over 600 million
ON October asth the payments re-
eeiVed aggregated 347O million marks.
l. e. IS per cent OF the total issue
Prizes OF Food Stuff.
On october Zhth the German Federal
wheat. 10 take effect November 4th The
maximum prlces for home grown rye
differ In the various German provinces.
out keep within the limit of between
1os-23I marks per ton. For instance. the
maximum price for rye in Berlin is 220
home grown wheat amounts to 10 MARKS
more than that OF rye. The object Of
these fixed maximum prices r. to en-
sure steady provision OF food for the
population at normal prices. This prac-
uce OF stipulating fixed prices for food
products will no doubt b. looked upon
with rather critical eye by the Ameri-
can public. but the German government
can well afford to take such measures.
since the supply OF rye. the most i'm
portant food product OF the country. g.
covered by an extraordinarily good har-
vest. both in quantity and quality. Even
In view OF the fact that Germany Inn
ported about one million tons OF wheat
from the United States in 1918. the sup
ply statistics show that the German
supply OF wheat will suffice until the
next harvest
This years harvest OF potatoes -
very satisfactory and exceeds the har-
vests Of the last ten years. The potato.
aside from being an important food pro-
duct - important as a raw material for
many Industries.
Germany's provision OF meat ~ a.
sured and in view Of this fact need not
depend upon the importation Of wheat
and cattle
Industrial Situation
u T. scarcely necessary to say that
the Industrial activity has undergone
many limitations during The days 81
mobilization. but assumed fairly normal
shape after the concentration OF The
military forces. Latest statistics show
that the Improvement Of the IL Dor sftua-
ton Il making steady strides. and the