New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-09-03


y, III, = ,r.sss i srtt all.
80. = = - % -" - FL
.o ,a,,, !, +,. ,raror NJ Russa
e - 1,., - - W ~ -, - =. !. ~,
!, =. mi ma \ -. -. -. ~ h,,;aa,.nt.
n. ,.... = = :, -, 60, th r.,ner., ut,rs
!, - -. - -, - -, 80 ,asa,r, ,nor
80 y ssN.'' -, y -. ~ ,t;o aran
-, - - -. $50 ;,n,,,sos and h;gb
y \ = s.u i,.trs,sa .n -
..' 49, -, a.. ,.,,,.,, az o,,r ,,.-,hsnts
~ nr,h ~ Marcb thoub
~ .nas = eriou anu si' ,-'p -. - Az, - ,aa
nos aiue py sue Annua. l.,
VIVA Rene.s' sVo1 -. - -. ,,hr - ,hoia
with a aposton on 'ne A.. .sa,tsa t,pd,,a
any s sus ~ s'u eNsA -
"n,en " naa ,v;tbon anv change of
rho noa;tion of the money market was Of
With same little asculty to lenders in
go Investments rbougb the aetua
- 49, athor noaarsta far tbs ssason of
- nat n 1vou,d have beap had com
W. ID, III ssct,o,s of the interior bsen onen and
a,o.u ,vas boyysver redundant with ds
f the hanks on sir months naper Mt
~ ,ntarest saw q mar cent long
$50 o,no ontsda At 10 el and TO- and second
- Z, 10 10 and IA ner cant with an occasional on
80 -. ! 7 b;obf u n
D, tbis month cotton arrived freely which the
,i r.to. ~ arcbanoa and the low rate Of freiehts
- ,onntr;e. 4. added to the good tone of uan
II, o,m,nsroia, ;n,arests through the month al
- ~ s,,s bsgan 4, annear that the season
80 ss ,,i,bopt tba annual movement and rse in the
a. tba ,;sa;sspp and tributaries This was cr-
nor ware ;ts res,,lts taken jnto cons;a
tio and tbs hast DEVISED system and arrangements
tn he varted by this untoward and un
nec,e, event Measures had to be considered for car
ryinp over large amount of indebtedness maturing in
~ rotbs If NAV and June There was no hesitation
- ,.,;, bact IN the mart of opr mopeyed institutions
~ aray were uuted In thee desire OF re-
avinu the actorage community blended and allied as 1t
with ali branches OF trade During this month and
March onv one failure of Importance occurred
a condition of the hanks on the last Saturday of this
| month fapril, was
ssss7ss Long and Short Loans 10 sos 1856
ca ation a & sssa
+, nil, h ssen dpr;ng this month the hanks continued
account lcng nansr that the linz If denosits
| ,ha ,oynun, in the arst wash of the month be;no
5os Dpruv the month there vera some calls for
! 80, -. A,ahano Int tba so,;t.ba ratio of sx,hanos
d, don anas for tbs West tbougb aon,a NJ o,r
ao,toa ,,ars for silver co;r for aeconnt of tho
nts IN Kentnckv and indiana of which there was an
81 SUNNY with nearly Al 400 600 in the branch
Mint Excbansa r,sd at the cose NJ tbe month az FIJI,
ovg 1T ondon arst class ~ TO 10 per cent premium.
p, .th sh;nn,,, documents Az RI nsr csnt Fr,ncs
far nroa,ca h,s bankers, bills K To IN
xtv DAYS nm New York first class * cent and other
II u ner csnt scount sivb drafts * TO II Nor
al n, and bapk chec1s stitf at Y mar cant nre-
mimi Rates on all points having advanced during the
| ,nortt, q Tn 81 ner eent
We are now approaching the most important enocb of
the year Durine the month ri Nav onr great stanla
cotton bscsms in Epa,d the main ob;set of attraction
specnlaon 10 are.t extent VA foatered and engen-
dsred nv the of and low rates of
terest than from sonnd maxms of sunpiv and damapd
forcing M prices here the month of june to the highest
nont If INA season This cansed dnrne the month ~
NAV the most lively feelinqs in commercial and tnanoal
circles in our midst creating desre and disposton ON
the minds of many individuals embark in trading in
the great article which wisely checked by the general
dissemination of banks and responsible dealers in
exchange to extend their Investments In that line the
current rates which existed during the month though
the eliminating point in general operations was not
reached till the subsequent month :.
Before the termination of May the question of rise in
the Yszoo Red and Arkansas rivers settled Painful
the conviction to all who connected in their
with the sections of county bordering those
rivers, all hopes aud expectations banished, and
necessary taken to protect the large
obligations predcated the products of those regions
With but fsw and very partial exceptions they all
promptly cancelled; by renewals, and many from
which have in times of necessity ap
pealed to before without refusal Money continued
easy of through the month at slightly enhanced
rates. ranging from 10 to IL per good paper and
IL 1 aud 10 per cent for second grade. The banks
doing all the good short time paper which cama before
| them.
The exchange market continued to advance and stien
all through the month"; its the highest rates
the season werecurren being for first class Startling 1o
Ito lo premium; Bills with shipping documents ez to
9s; Francs 5.lll1 TO 5065. Sixty days New York,
first class * to II per cent discount other grades to
II discount; Sight Drafts u to y; and Bank Checks