New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-11-01
COMMERCIAL MATTERS.
NetD Orleans 5pIctsp ssEayast.
eaEscErr Ory1cg. No. 10 CAMr srhEE,
"wednesday Evening. October 81. 1855.

NsD eDrssa,as 33SsIctsg aasfayfst. 81
So III caEscErr Ory1cs. No 70 CAsfr srREEr,l y
wednesday, Evening, 0ctober43l 1856. j Il
The Weather ia remarkably favorable for gathering
and prepsring Cotton for market In fact the planters
themselves had the control OF IT, could hardly be
beneficial OF oar othes great staple, Sugar. there
some complaints Of the frost last week. which
taiuy premature for the latitude nevertheless the high
prices which Sugar commands this time will believe
be fair feunefave the euitiystor. The receipts Of
Cotton continue large scaIe with ruling prices
they can be maintained till the sdyent Of 1856 great
part Of the country will most sssuredy relieve the city Of
large amount Of indebtedness At the same time the
usual system will again be called into Of the planter
requiring factors to the customary oblisstons
the next crop, system which Of all others has enaled
injury New Orleans than hAK Of the epideIocs
which have occurred for the past twenty-five years As
the evil Of accepting from year to appears to be In
herent II may bs bordering ocousness that pre-
sent views at length upon it, there factors
paper mads the question might arise how the numerous
lenders Of money who yearly congregse in our city for
other purpose than to purchase such paper would
exist 1t Is well known that there is no better reeosbs
paper than such sppears in market every winter
and spring drawn by the agrcutursts Of the
on Cotton end Sugar actors in city predcsed on
actual wants rather strictly legitimate pursuits.
Another class often appears which carries face in
tpeeuI2tlYe
otherwise dsnominated kting the proceeds Of which are
Often very often disbursed far the domc OF the
makers, out Of the limits OF the State In manner
antsgonistcal to tbs interess New Orleans Then II
is incumbent the part Of factors scruinize closely
purposes for which their responsibility 10 IL
also due to the high credit which city now cd that
in the face Of the untoward appearance Of financial and
commercial affairs in Europe, tst great circumspection
should be observed In granting the facilities and advances
for the coming year. Il g.5sl5sss7
We have much pleasure in announcing that the cotton
factorage house Of g. o. Nelson Co, which became In
Vowed last spring. through those feelings Of friendship
and generosity which characterize the merchants OF New
Orleans, has resumed payment In full adding another
sprg to the aursls which attach to the credit Of
commercial community. ~
There was rather more paper the market TODAY.
With some negotiations ct per under six months
longer time from to ok for good names second grade
six to ten months at 10 to IL; third rate 10 to L.
Of this clas there is but little to be seen The Banks
continue fush, and do all good paper Offering which
ciasa at this time includes broader range than for
months past, -.s3sliy s-rst4sais gse5 $8sssN ~
The Exchange Market to-day, though rather quiet was
firm at yesserdays rates There is rather deficiency of
satisfactory produce me bills oering so that private
bankers who draw at all times without to
balances have bad fair demands our rates Sterling
with bills adng has upward tendency and we learn Of
u "A ate ann.
ply offering. We quote this evening & S s-s = i
sy days o. Lssdon sit 4 tlls = prem
- sSst pssn
ssy dsya sn New JOB
Sixty DAYS psdscs Il cent al
i've Nv ahy a. 90 New fors fr ceo
sebt On NV Yoir Bsntsls s sent eis
csscks YORK, Bank rae Y y y -. ~ az
On Wsitern cities no demand " -.
The Western Banks being in the market for No,th.rv
Exohnnre and = large snorrt ~ n.na, : =
q. =, - Paf'1 AissofinG mere
ior tne tne expected increase Of Ex-
change VIII be readily absorbed q -
We received to-day the last weekly statemsr+ i, d,
p.nks NJ Tho ,,tx ~ Ma, vo.. 5.,.,s " tns
!. - -. s,-ss.!-A "a'0n' accoroing to the
NeHs o. oes oi sae moneysd articles was favorable
one. Tho changes are ~
Increase in speeis r. .......,,....a... II s,7
Loans ,sas
decreased Deposits ass,sss
iaers N Isl47
lnciadtng tine Sub Treasury balance the following was
the general 55 n SO s. -
g5si COMPARATIVE HtcAtIruIarios
sas t,s "a Ct. ~ 'ss
ia4slsss II
5sra. h,9h Issse: fssoii
81 :, .,gs,gt h. - ' 3.se,sio
~ the last steamer from Liverpool We learn that thu
ship Crimea has sailed from Cardf for Galveston
with a cargo ~ irnn far ,h I. Aee,
r.n q sro.V 80 neasIon ana
henaelson Aaaroaa company 2 of that State This will
A.e s1o Soinpany 70 couipete such portion of the
rarA e