The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-05-30
Messrs Small Go. have received the fol
RIo DE JANEIRo. May %. 1879.

A circular from the Treasury Department
notifies holders Of called bonds maturing be-
fore the first Of July that they may receive
payment Of principal and interest to that
date at once, by sending them to the Secre-
tary. This offer Is made as an inducement to
holders to get this class Of bonds out Of the
way, 30 that the whole force Of the depart
ment may be able to give Its attention after
the first OF July to bonds called In for that
month, which include the enormous amount
represented by the great syndicate purchase
OF refunding per cents. The circular inti-
mates that the huge job Of redeeming the
July bonds will not be interrupted to pay for
bonds called at an earlier date, If this notice
is not needed by holders.
@ It is satisfactorily ascertalned that the
Northwest has been abundantly supplied
with rain. Accounts from Southern Mime
sofa are to this effect, and that the crops are
growing rapidly. Corn has been planted and
much Of 1t ID up, and the wheat plants are
strong and healthy, and, farmers reported.
newer looked better Oats are inferior in
acreage and condition The Burlington Iowa)
\ Hawkeye has also published reports from
VI over one hundred points In that State, which
show an increased acreage OF corn and wheat
and excellence of condition. The dry season
has enabled farmers to plant land which Is
not tlllable In wet seasons. There has been
come damage from dronth, but as q rule the
recent rains came in season to leave the crops
In good condition. There Is decrease In the
acreage of oats In Iowa, and the hay crop will
be short
The London Times and the New York Finan-
eal Chronicle differ in their views about the
Prices OF Inited States securities. The former
says that four per cents are getting too high
70 attract investors, who cannot shut their
eyes to the fact that there has been good
deal of initiation In the prices Of United States
securities lately. Resumption, so-called, has
oeen signal for great outburst of specua,
uon, which has laid hold NJ stocks, in many
Instances high-priced before the initiating
movement began. On the other hand the
Ohroncle believes that, though ''some rub
Dish has been carried along with the current
We general upward tendency il entirely le
gtmate.' and that there seems to be no rea-
son for expecting the upward movement to
continue (of course with occasional losses un-
III all undoubted securities rule at high rates. y
ahigh treasury official is reported in The
Washington dispatches as saying that the
lour per cents could not be maintained a.
@eir present high prices.
Wehave already received by telegraph and
published a synopsis Of q review Of the agri-
cultural prospects throughout the country
from the New York Times. The same paper
" TIE twenty-siXth instant contains reports
nom seventy-one different points in thirty
W. States, nearly all tho important centres
Trade and manufacturing industries being
rpfesented. From summary Of these we
cup the following:
10 New England manufacturers Of all kinds
appsar TO have felt the revival of business
p plosI strongly. Except In one or two cases In
a aaone Island and Connecticut where recent
s aaaa embarrassments temporarily inter-
.esa, factories are running on full time. with
NH naI,lsk demand for their products. Lumber
-u's are busy, but prices are low. Jobbers