New-York tribune., 1868-06-10

,r,o nrosnects of the Wheat clop in Virginia are
.hoorino Persons lust arrived in Richmond from a
trim through Abemarle, Amherst, Campbell, Bedford
Roanoke. and BOtetOurt. report the most eneourag-
ing prospect for fine yield of wheat. Unless there
should be a great deal of rainy weather, there will
be a large crop In Bedford the wheat is unusually
high and wellheaded. Reports from Georgia say
that the rust being confined to the blade will not
hurt the wheat AbOnt an average crop hoped for
Some will be ready to harvest by the 10th of June
They also report the cotton crop promising and
never in better condition than at present crops
clean and lands in good condition. One-thTd
less cotton has been planted TINS than last
year. Good stands have generally been obtained,
but in consequence of the wet Spring and cold nights
the plant is backward The hot weather of the last
few days has had fine effect upon IT, ana IL Is
already beginning to come out and look more Vlgor
ous Corn everywhere looks splendid fine crop
of it has been planted, and farmers expect as
general rule TO make enough TO supply their wants,
Enough wheat viii be gamered 10 almost supply all
The counties. The negroes since the election are
working steadily and well.
From MARYLAND the report is that the
wheat crop presents very fine appearance out u S
thoupbt that the long continued wet has caused too
mid growth. and the only danger is to be ap-
rrebended from its making too much straw Should
tbe remainder of the season be good the indications
ore in favor of the finest crop produced In some
districts the farmers have finished planting corn.
The corn which is already up presents ackly ap-
pearance owing to the absence of warm suns.
The London Cosmopolitan, in an article ON Bogus
Banking, says:
We have been censured and even threatened for
eantonnq the public against bogus banking concerns
We have repeatedly stated in these columns that there
were certain socaled American bankers IN Europe SMo
were so eager 70 receive deposits as 10 S2SlVe reason
able suspicion of their soundness. TINS geheffaI
word Of warning gave great onense 10 pns eIS t6e
Morcans, the MumOes, and other substantial houses
% Sker enSf ont drummers TO solicit deposits he
cOpfesscs that is weak. We generally opposed 10
lned 10 think that stringent law should be passed pro
hbiting men from calling themselves bankers VINO
selves Of a pOeutial name in order TO gain the eOhn
aence of the public. Why should NOT a nahk1r hnoI
sisc the amount for which he is goed-the amount
i which he may safely be trustedl Otherwise let hlm
hang ont an ne nest sign AS Brown Jenes and Robin
con- American specUidt0rS." Jns Woud put she PuOio
hands thew would have nobody to blame but themselves
The banker who soicts or even receives deposls, o
to his care But when they begnto speculate in cotton
petroleum. wines, pictures OF shares they become mere
ZION has been freshly called this subject by the failure
of firm in this city known as Bdng KetH q U
Of Beldng. Keith Co full and detailed account M
of the failure. The amount OF Liabilities is estimated az
RseOO and the losses are said TO fa mostly on
Americans.
'The disgraceful failure of this firm has caused the
American community both surprise and indignation Al
rst about three years back the title was Keith Baye
Eastman but Mr. Beding Joined II some Two years ago
Waye and Eastman withdrew, and the sInaH sum
brought into the by the new partner was sum
cent tide over the period OF depression which
on the great crisis OF May 1885, the liabilities beng then
lnoOnsderable. Offices were taken IN LOmDardst ana
with an extensive circular, and all the publicity that
eOsters. books and advertisements could give, the
house as thus formed commenced It's career as
American bankers and commission agents IL appears
that Mr. Keith proceeded short time ago 10 New OTk,
to raise possible, $1,000 float the company through
its difficulties but failing in this BednR, the partner,
who remained ia London seems 10 have decamped with
all he could lay hands upon He announced this ~ la
notice dated the 9Th instant, wherein he Informed
those 1t concerned that Mr. Keith having failed 10 raise
single penny he GO. w Beding had found 10 eXpedi
ent take the small balance Of cash in hand 10 try he
could do any better" The small balance referred 70 IS
supposed TO been $4,000 1t appears that last
Saturday be drew the balance at the bank amounting 20
R3Oeo having previously obtained cash for check for
R15OO valuable deposit of American gold lately left
with him for safe keeping was against the owners express
instructions exchanged for English coin, and apprOp
ated. meeting of his creditors held Thursday,
and the facts that tranpred not OF reassung ma
ture"
We think the above official expose fully justihes all
that have said by way OF warning 10 our American
friends; many Of our cOuDtTymen have been suddenly
left "hgh and dry in Europe by the cOlapsDg Of the
called bankers, to whom oil their travelling funds were
intTusted