New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-08-13
COMMERCIAL MATTERS.
Neto Orleans aaouep Saarss,,
oREscENr OFFICE, No. 70 Camp street,

CREscEET OFFICE, No. 70 Camp street
| saturday Evening Aug. II, 1855
oonnecsed with the prosperity of city in its
merc'a financial and social position 10 ta sanitary con-
a'aon, tnoogh reports from day to day have gone
ortn from all classes Of writer's expressing different views
put those Of COURSE unfayorabe, are largely in the
ascendant We have the pleasure Of promugatpg that
more than an usual smouu Of business all it's various
raufcations 10 daily transacted Camp street to-day
presented from the many omuibuses drsys and Carts
passing and passing evidence that the the
year there was more than the usual activity Daily
rivals OF steamboats, loaded with the valuable products
the great West, add to the good feeling which predom
Mates In midst True Of sickness and then
occur but actually there 10 nothing to any alarm
and the indomitabe energy Of resident merchants
seems to sustain the emnence which community has
for years and years held unsurpassed.
The Money Market to-day easy, and as we have
from day to-day duly advised readers it's position
we have but little to say this evening.
The most important change was the advance of sight
funds on Ne~York to u per cent premium The Citizens,
and Union Banks having advanced their rates to per
cent premium for checks on New York the Southern
Bank which has great Influence on Exchange operations
also advanced their though other Banks had not
advanced, there is doubt they will do 30 on Monday
Foreign Ezchsnge Is Inactive excepting for bills with
shipping documents, which meet with fair demand at
our rates Of yesterday say s4 So per cent premium
Wsquote as the closing rates Of the week
ss. Ludon Win Bills TX prem
ssy days on New York, hist class. sp
chssts On et s I. e
The mail steamship orizaba arrived to-day from ve1s
Cruz, bringing only small amount In Mexican dollars
say Sl05lo The demand is slack and buyers talk
of only giving 81 to 81 par cent premium.
The mail to-day failed beyond Mobile and we hs We
nothing Of interest from that section
By the arrival of the mail steamship Grausda xa b.-
later accounts from California As regards finance and
commerce sujoin the most interesting as relates to
the firm of Page Bacon everything possesses more or
less interest from the fact that our banking ipsti
buttons about bringing suit unIjd Undated claim
the plea In defense is Of very noFe character for this
meridian viz: that Of usury Az we shall have some
thing more to this suit We abstain from further
remarks at this time.
SAN FRANCISCO, July 16, 1856
The commercial by this mail is more
than t pas been Tor many months past the market in
almost all the leading staples and remaining at the close
very firm Much of this however to Be attributed to
~ mosemen.s, no scarcity prevailing in any
The received from China at the BEGINNING NJ last
week, dsnoting scarcity of rice the market an i'm
mediate rise place ths article rates bayinn a
vancsd from to N and 9k to 10c, and holders being
unwilling to sell even at these figures The purchase
large parcels OF -four since by the Chinese MANILA
ton tends in our opinion show rice is no longer
exclusive article OF food for class and That
fall and be attended with loss to snecn1asars'
Although no scarcity of is reported in our advises
from China this article has shared the upward
rice ana rates have advanced from 10 1D and IO
10 lO1e Eastern crushed and powered have in eopse
aso gone up sales having been made spot
at lac, with an advance of u to for lots to arrive
In hour although shipments have saokene during the
Fortnight there Is great deal of frmness with an up
to " SO for home consumption The Harvey Birch for
Liverpool and the Flying Arrow for Melbourne are the
only vessels cleared with full cargoes of this article and
Ia nty fhoos
other vessels being exceedingly small.
The first wheat made its appearance in market
few days ago, and the parcels we're insignificant
were taken up &c. The grain which is ehrunken il
sao 70 oe Isr sample OF large portion of the CROP
District Court by Mr. David Cham partner of the
late trm OF Page Bacon Co. in of himself and
co-partners, charging Mr.. q. Woods partner and
Cohen, receiver OF the late firm of Adams h 10 witt
ndulently selling the said firm of Pavs Bacon "a
during period OF nearly five years, inferior gold dust
dscoored by some chemical process to give il better
at rates fully So per above its current
market value From which frauds the affidavit s.fs
FORTH the atlantis sustained loss OF s4o0DO on
zou uo0 ounces purchased during time The parties
accused were arrested Mr. Cohen however immediately
6all In the sum Of S42O0O and discharged
Mr. GODS refusing to do the still In custouy
MI Cohen in card to the Herald denies ths charge
and accuses Page Bacon Co Of Ignorance in The gold
dust trade He states that his TRANSACTIONS with that firm
since 70 tnat none OF the dust sold up
10 That period was dfscolored but if thew chose TO
pay MIN higher price than the article was WIS
their own fault as they could expect him to give
them the Dement'S OF his experience against his own
interest motion was SATURDAY. last tn dis /
charge the prisoners the ground that the
not disclose sufficient arrest The Conrt
reserved its decision Mr. Woods Court during th
OF this protraoted hearing in the custody of the
Sheriff.
The money market continues easy and a large shin |
nent goes forward by the steamer to-day 4