Vicksburg weekly herald., 1877-07-20
GH9ieIsbnteAssn!
FINANCE AND COMMERCE.
OFFICE OF The DAILY HERALD,I


Garden vegetables are reported generally
as beiag very line and abundant. In very
few instances are they reported as falling
below the average.
Fruit-Apples will average fair crop,
though not so large as usual. Peaches
are reported as very line on the high lands,
though very scarce in the low lands. Pears
are reported throughout Middle and West
Tennessee as very promising, while in
East Tennessee they will not more than
average half crop.
CottOn--The average Of this crop 10 re.
ported as being small, and prospects not
very 1Attering. Generally speaking, the
reduction In the acreage OF cotton has
found a corresponding increase in other
valuable crops.
Tobacco is represented as very fine,
with very greatly increased acreage. IL
IS stated that In The vicinity OF Knoxville
hve hundred hogsheads will be raised this
season.
Wheat-The average condition Of the
wheat crop Is very tine, and the most en-
c0uraging reports have been received con.
cerning the condition and yield OF the
crop.
Corn is very promising. hay. oats, rye
and barley are not reported as doing we'll,
and there seems to be q small acreage
planted, especially Of rye and barley.
Live StoCk-The hog prospects are very
encouraging throughout the entire State.
some few counties report cholera, but In
almost every instance 1t is in light form,
and doing very little damage. Cattle are
reported throughout the State as doing
we'll, and the came may be said Of sheep,
horses and mules. Weather has generally
been very seasOnable, with few exceptions,
On the streets to-day, there was no
more business than yesterday, though
the weather was much pleasanter than
it has been for several days. The
financial position remains wholly un-
changed with nothing more than an
ordinary demand made on the banks
for either money, exchange or the
trouble Of collections.
GOLD AND STOCKS,
LONDON, July 1S.--Consols 94%d.
PARIs,July lS.-Rentes l07 @lOZ32i&
NEW ORLEANS, July lS.-Gold 81
GjR. New York sight 4 premium,
Sterling, bank, IS ii.
NEW YORK, July lS.-Noon-Gold
opened at 53s. Stocks strong and high
er. Money H.. Exchange: long,f4 SO
short, 81 IS. Government securities
little lower State bonds quiet.
Evening-MoAey easy,ll@2. Sterl.
irg weak, 81. Gold closed quiet, 51G
Government securities firm; new Sc,
ll3S. State bonds dull. Stocks weak
aaG lower.
sUB'TREAsCRY BALANCES.
Gold, $S3,22S, 42S currency, $49, 9,594,.
9JS. The sub.ireasurer paid out $751;
900 for bonds. Custom receipts to-day,
$4,000.
Cotton.
None Of the markets showed much
signs Of animation, q slight fuctualion
in futures, being all that could be
termed q change. New York spots
are easy, but Liverpool continues
firm, probably waiting for some great
battle to occur in Turkey before send.
ing up prices with q bound.
Watts s. Co.'s Liverpool circular, Of
the Goth OF June, Gays the most strik-
ing thing Of the week is an advance In |
price in the face of unfavorable Man
chester news. The general rule, that
when the English stock exceeds a mill
lion bales, aud spiuners are reducing
stocks, cotton declines, fails at this
time. This Is owing to the improved
statistical position of holders, showing
that the Autumn supply will be small.
The New York Bulletin, Of the l4th,
says: "HOlders were In confident
mood, and generally refusing to offer
with freedom, while the ruling idea In
regard to values was sufficiently
strong to induce au addition OF l.l6c
to quotations. The recent sales for ex-
port, the possibilities that supplies may
be particularly valuable for speculative
purposes during the next two months,
aud the likelihood of late crop in.
creases faith IN actual cotton to q con.
siderable extent. On contracts the
volume OF business was moderate, but
the turn of the market upward, aud
the feeling pretty firm throughout.
Liverpool came little better to-day,
aud the crop advices are construed as
hardly so promising from many sec.
tions, q couple Of Influences TO which
tie strength was in part attributed,
hut the manipulatons CT the balance
& the crop year were nall probability
tie main piyots on which the market
,lrncd. The bulk OF business was in
lGis and the next two months, the later
oit;Ons ouly selling to limited extent.
Just before the close there was COM
paratively sharp call, and rates were
lushed up to about the highest OF the
day, closing firm at ll@l2 points over
last evening on the early months aud
Cos points advance on tie late
r.unths."
MlIsce IlaneOus
Cotton is still firm In Liverpool
Pork dropped in St. Louis to-day TO
1875 on orders
Meats from 8 to I. less IN St. Louis
to-day.
1t is worth rcting, as Que Of the
hopeful business sigps OF the times,
that the dealings in wool in Boston
LIST week were the largest ever known
in that market, snd million pounds
ahead of the business for the CORES
pUnding week last year.
The merchandise importstious Al this
port for the first bali OF the current
month make q very favorable showing
as compared with the corresponding