Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-20
COMMERCIAL, FINANCIAL AM
CROP ITEMS.

COMMERCIAL, FINANCIAL AND
CROP ITEMS.
Both the interest and the principal OF
the bonds Of Missouri will be paid in July,
and hereafter, in gold coin. Missouri will
find no difficulty, even temporarily, in
this act Of Justice 10 its creditors and Il
its own reputation,
4 San Francisco paper remarks that the
wheat crop is eXhausting the soil of Cali
fornia, and the Chicago Times notes the
fact that the Weld of the grain-growing
districts of Illinois and Iowa, Missouri
and Minnesota, is perceptibly less than il
was a few years ago.
The Baltimore Sun Of Monday says: a
small lot Of South Carolina new red wheat,
the first Of the new crop raised by George
". Melton, Esq, Of Chester, :. G., was
offered on Change on Saturday morning
by Mr.. J. G. Middleton, and purchased
BY Mr.. Samuel Duer at - 50 per bushel.
The grain was small, but il is represented
as being in elegant condition.
In New Hampshire there are thirteen
mutual insurance companies, and the
amount Of property they hold at risk il
$3.50, al. The number of life insurance
companies doing business through agents
in the State is fifty. The number OF life
insurance COMPANIES SUSTAINING agencies
in the State is thirtv-four. and their bust
ness. last year, was as follows: Premiums
received, S549,I62 ~; losses paid, SO If 81
excess of premiums, 1893, LAG OF.
The estimated tobacco crop for lS6S-6g
in Kentucky, Tennessee, Missouri, Indi-
n and Illinois, is 10000 hOgsheads. The
foreign requirements for the same wear.
are estimated as follows: England. 25.0O0
hhds; Spain, 10000; Erance, 5000; Italy,
10000; North Germany, 1900; Belgium,
400; Mediterranean, 5000; Portugal,
1000; other countries, 9000-a total of 81
coo. The home consumption viii he about
1925 O0 hhds.
Il Is not generally known that wool
growing in South America has grown into
such mammoth. proportions as il really
has. Even the Australian breeders have
cause for alarm from this competition 1t
is reported, on good authority, that the
number of sheep shorn there exceed 70
100000. The exports of wool to Europe
and this country amount To about go, 000.-
600 pounds.
OF the crops in Yazoo, the DemOcr0t
saws: Corn, cotton and all productions
of the field and garden are improving
wonderfully. In the swamp especially,
the fields present an appearance Of beauty
and perfect tillage that has rarely been
80 49, AAAANa wv - EAAAN Vi Il as
is seen on most of the plantations, while
corn and cotton are growing fuNuriantIy
and with fine stands. The hill crops are
not advanced, but in other respects are
doing nearly as we'll"
The Philadelphia Inquirer of Wednes-
day says: From every Quarter of the
Union comes up the welcome intelligence
that the crops of wheat, rye, barley and
corn promise well. In Iowa, Illinois,
NTs-az..1, TAIsana nlEz - -
ern States, this years harvest will be un-
precedentcd, according TO all accounts.
Throughout New England, New York,
and u own Commonwealth, the pros
pect of full crops is excellent, while in
the South a larger harvest is Anticipated
than in any previous wear, owing to the
fact that more ground has been taken uD
IN sowing and planting than at any other
period in its history. This is good news
for all, and especially for the poor man
and his family, N there will exist no
reason, the approaching fall and winter.
for the %exorbitant prices which have pre-
vailed for the past few years. Providence,
in thus promising us a bountiful harvest
seems 10 frown upon and threaten the
overthrow of the u~nprincipled specula-
tors, who have hitherto fattened upon the
necessities Of their fellow men.
The superintendent of the Insurance
Department OF the STATE OF New York has
Just published his annual report for 1868,
from whichi it appears that there are in
New York 104 joint-stock fire Insurance
companies, with an aggregate capital of
$50, 042, Ia, and net assets of S47.4s2 go:
nine mutual companies with an aggregate
capital of 50, 464, 300. The foreign compa-
MES doing business in the State have an
aggregate capital of SIS, 200, 600. The mu-
tual fire insurance companies, once very
popular in the center of New York. it Is
reported, are. rapidly disappearing, two
having commenced winding up in 1865,
leaving only nine now in operation. No
new fire Insurance companies were estab-
hshed in IS6SE fact in striking contrast
with the Statistics Of 1855, when twenty
three new companies were organized.
From TINS circumstance il is argued that
the profits of the business have greatly
diminished.
Commissioner Delano made his decision
upon the question submitted to him a few
days since by the Board of Cotton Broker
OF New York as to their liability to nav
the tax Of One-twentieth of one per cent.
upon sums received by them for negoti-
ating sales. He decides that they are liza