The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-07-22
Total. . s2a oil 81 as54l es Inc. s,e2s 81

In the southern counties Of our State some Of the far
mers commenced cutting their grain last week. good
many more will be at work during the present week. and
within fortnight the great bulk OF the crop will be
secured The has been, thus far the propi
ous known in Wisconsin, and the earth fairly
groans der the rich burden which il bears In former
years we have had partial failures OF hay wheat, oats,
barley rye or fruit but this year crops VI every kind
are good Our surplus for export will be enormous
sufficient 10 tax 10 the utmost the carrying capacity of
our railroads and lake fleet.
The New Orleans Bulletin Of Saturday the 18th,
says
The week closes on stringent money market with a
rkcd advance Of discount for ali grades of pa
per- The supply OF capital Is fast dimD shing both at
bank and on the street while the demani for accommo
daton nd aes abatement 1atever the of any
class Of borrowers Exchange has been neglected from
the opening the close Of the week and the market ruled
in favor OF buyers for both foreign and domestic Oder
nss OF al class are now ample 10 meet all legitimate re-
quiTements, hat the demand indca cd Improvement
fo any description since the close Of review OF the
9Th inst Stocks and bonds have been in better request
since the date OF last summary and sales would doubt
less exhibit considerable increase but for the high rates
at which most securities have been held spece-rhere
has been no change of any kind in rates this week. and
We again repeat previous ctaO1s Receipts have been
limited To s25 900 from razcs santiago and shipments
couprise $1S6 900 TO Ne York $500 900 20 Cncn
Gati.
With reference to city and county bonds suffer.
ing from Reputation, the Philadelphia Ledger
says
II ia known tina, very large amount Of the bonds
issued by the cities Pttsburg rid Allegheny, aud by
which accounts for TIE ncrost Manifested in their
valuea matter wholly regulated by the probability
OF payment With the last month there has been
inquiry for these boz Is than for several months before
and the price within fortnight has advanced fully 10
per cent They are now quoted AZ from IS 10 SO per
cent of their face With sales the former figure AS
heretofore remarked every municipal bond
in this country viii eventually be recognized unless in
where towns counties rubbed out' from
the face Of the mao, such there be- Some few
whole OF their debts. In these fair compromise,
with other bankrups will be effected But what from
pride public opinion, legal decisions and improved abii
", ninety nine in hundred Of municipal bonds will
eventually be paid principal and interest These
opinions, and are given only opinions, with
light and information the subject however, than
within the reach of every intelligent, reading in the
community.
The Boston Post thus notices the money market
of that city,
Since last New York fuds have been In sharp re.
quest and State street has lost nearly half million of
specie On Saturday the chance that drain would
continue although the calls for New York funds were
is very dull at about cent with less ample supply
aud slack demand The question is VIII the course
Of exchange before the fall demand money sets
inS II IL do and perceive no good reason why il
Al present the cali for crs light and market
rs able IN supply them from current receipts We're large
amounts needed merchants would be obliged 20 TO
New York for them, and exchange would turn In our
favor more speedily perhaps than will be likely do
the present stagnant condition OF things business
glad 10 be able report that prospects OF na
yiRation are improving daily Freights better all
roundtbe Inquiries for vessels OF all more
crops at hand in connection with the Of the
World the shipping interest has decidedly favorable 40
pearancc. Within fortnight the ship brokers have
more active than FOR months aad months previous.