The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1866-06-29
-Nein Bros. & Co. say of the growing cotton

crop:--
"Me hear this week very favorable reports of the
weather, both by mail and telegraph, from almost
i peits Oh the south good deal of cotton has
peen plan ed as the rivers 10 l. and late though il
De Iaitlal erots may be the result With the inn
clearing the fe de of weeds and grass and much
% noIe oneeiIu Tone preval among the planters who
now begin to admit that things are net so hopeless
as they seemed The following ia from a GeorSis
correspondent, da cd 2 instant For the last week
the weather IN Mode georgia has been splendid for
all crops, and we hear rather tayorab aesonnts
1IOm southwestern Georgia, where In most onnties
the planters have secured Pood stands We th,nk
under the present weather clear and cool the cotton
N the ections named will improve greatly. But no
men do not manaPe as well as they did when slaves
Georgia planted for half a crou compared with the
last and prior to the war;; but 1t doubtful II she
makes over forty per cent. crop.
The following islsfromkTexas JuneF2I Trinity
river reports still unRvorab e-otlers better, and
We hear fewer comp alnts. Colonel NJ an old
planter an intelligent man, whom lately met saws
he tn Dks Texas VIII still make more cotton th an
ever be ore. he has just come through from ennes-
see and Mississpp and reports that whe IN some
p paces tne cotton was poor and gras y Others
MONEY AT FRANKFoRT-GAMRE rag
EAVoRITEs The aovlccs from the Frank tort
ho1Tse STATE tnat the Increasing pIooabihy that
reduced the transactions in public securi les so
much that ONLY parties who are compelled to sell
in order to meet liabilities and tue few who are
temple by the low prices to invest deal toqether
1t Is partcu ary re marked that those stocks which
ave teen hitherto looked TO as the most solid have
fallen more than the theirs. Bavarian " cents,
for instance which were two months ago at 98 are
offered now at SO, and Frankfort 81 Y cents have
gone down from 95 to 70 these circun stances are
considered to prove that the Middle States will meet
with great difficulties when appealing to the mar
kets, and that in that respect those states are in
better position whose stocks quoted on the for
eign Exchanges. The despondtncy is so general
that the very best mortgages houses are refused
a though there IS no actual scarcity of
money nor any large commitments outstand-
ing which could compel the bankers TO
keep heavy reserves, the liquidation of habili-
tues having made great progress during the three
months in which the apprehension of war has now
prevailed According 10 the views ana hopes OF the
merchants, 1t is taliacy to suppose that the Gov
erImenTs could provide for ther war expenses by
larpe issue OF paper currency, the notes of the
best banks are flo wing IN rapidly, and with the ex-
large decreased This it is SAID, gives some con-
ISOLATION that the last long, as for want
OF money the enormous forces in the field must
hasten q decision and as the misery of the great
masses of the working people out of employ will
threaten to bring about revolution. The expe-
riel ce, however, OF what may be done wi, paper
issues in carrying where future consequences
disIegarded scarcely warrants much reliance on
currency dlffcu lies as preventive Meanwhile at
is impossible 10 describe" 1t is said, "the havoc
which has been made IN this thriving country by
the recklessDess OF one man trade is at o stand
every body reduces his expenses to the utmost, and
universal anxiety pr vais 10 the social changes
which ibe war will bring about " American securi-
ties still attract regular investors, las capitalists
regard them out of the reach of the impending
events" "-LoRdon Times, June 15