New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-12-07
Ntp ORLEANS Ipnep 5@araet.
CRESCENT orFIcE, No. 70 CAM STREET
Thursday Evening, Dec. 6. 1885.

Thursday Evening Dec 6, 1855.
There was an increased demand to-day on the Banks
leans the large offerings however, can only be re-
garded connected egtmately with the increase Of
business fortunately the banks find themselves in posi-
ton to do all satisfactory paper coming within their pre-
scribed time, 30 days Outside there were some neko-
tations Of long dated paper nearly $4,000 good share
Of which was placed at per cent with some fayorte
names at s, and others st 50 and 9JS Some small
amounts OF second grades placed at TO- and still
smaller amount at II.
The Exchange Market all round to-day was brisk the
stiffness and upward tendency, particularly in domestic
funds which have marked the course of operations for
two days past We're fully sustained to-day though in
quarters the offerings increased buyers paid full
prices and drawers unwilling to sell large sums on
New York at II per ct. The banks were all asking *
excepting one which sold at u and another at a Out
side the sales and demand were brisk at to * dis and
some private drawers held at u. Foreign was stiff
Sterling first class bills ruling at quotations and hills
with shipping documents at 6 to ~ Francs were very
firm at our rates 22 being asked by first class drawers
We quote this evening:
Sixty days Londou clear tls 7s< ~ 81 h,or
london win Bills Iaiag sf 3. prem prem
sisty Sss on BANKERS bills. y
SHY days on New York. other grades x cent
New York, s ssn dis
We learn there has been thirty day date drafts on
New York sold by Of the banks at * Short sight,
IA u
The Stock Market continues quiet the only SALE we
learn to-day ITS shares Gas Light COMPANY at III
dividend on. sale also made in Philadelphia on
the 10Th ult at l16, which is higher rate than usual in
that market.
Unusual activity prevailed to-day in commercial eirces
The weather was all that! could be desired though the
telegraph advices by the Africa which laid before our
ths morning. are not SO favorable xpected
yet they correspond with opinions expressed
IN
nesday to occupy the attention of buyer and saer in
receiving and delivering for nearly the balance OF the
week Our Western produce merchants are up to their
ears in business and in the very high prices attahabe
for ell products from the West their business
appeared to higher advantage Of course there are
occasional grumblers to be with who would not he
satisfied the mines Of California and Australia were a
their command The decline in freights to all foreign
ports, with material reduction to Northern ports
will be the encouraging of extended shipments to
this market and with pleasure remark that our mer
chants connected with the great West challenge cpmpe
ton with any other mart in speedy sales prompt re-
Turns SOUND currency, low charges and general Gloss
application to the requirements Of their constituents
Ia the general city trade also note an extended
business Canal Charities and Royal streets are unusu
ally thronged the excitement and hustle is not aite AS
great as on that Babel Of Commerce the great Levee
which is great in everything and we'll worth an hours
time for those to visit who delight in life trade and COM
merce.
Encourage our Railroads. develops the vast and varied
resources o. our state, Introduce manufacturing within
the limits of the city abolish usury laws repeal tile laws
regarding tact mortgages which would invite capital for
permanent Investment, discard the yearly yearnlng
travel and recreation to those States and countries which
nmicsl and antagonca the best interests of the
South. Stay at home and build up New Orleans and it
would soon reach that eminence for which nature has
destined it.
We are pleased to give the following earnings of the
Great Western and opaousas Railroad of those arte
res Of greatness which ought to receive greater
attention and feeling from repued men of wealth and
apparent popularity and influence II our monied nssi
tutions will to the aid of the opelousas and
Jackson Railroads have before suggested ii would
not require much time before could defy all other
channels of trade. ....-. 0.
The earnings of the opeousas Railroad for the month
of November 1855, follows We also append the
earnings for the month of November, 1854:
Nossmber. 1855. sorsnber, lss4. -.
Ps.ssngsrs,..... s,9ss 0s s,45s 90 ..4M.. -
0a. sls,ss4 10 s8s81 % Increase es,si1 10
Or fraction rs cent The quantity of produce
transported was follows l409 hhds sugar 4d70 bbs
moasses 25s half bbs moasses $50 bales moss with some
wood and hides The transportation of sugar only com
from the 11th of the month The travelling is
so large as it will be when the planters have Through
grinding and delivering their crops The preference
will undoubtedly be given to this by all travellers
even in high stage Of water Leaving the city in the
morning train of cars and reaching the villages on the
Teche the afternoon will certainly obvia.e be dan
of the navigation by the old route Bayou Plaque
mine, Lake Chcot aud Grand Lake. Come Messie,,rs
bank managers and real estate propetor turn to and
push on the road.
We suboin the movement of the Bank of England up
to the latest dates, by which it will be observed |