New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-08-10
Nem Orleans alonep alarket.
onr'onsr g. orrlcs, No. 70 Camp street,

money. me detention OF produce the
country to the amount of five millions of dollars Ia begin
ming to make its effects felt The handsome receipts Of
for two days past will however partially be great
relief ut the time from the absence Ut many heavy
in exchange and cotton the current operations
thrown into the hands Of few individuals who appear
to be reapang something Of harvest. The Banks are
buying very aringy Of foreign exchange of domestic
they take from day 10 day Of their regular customers in
limited arnouats notwithstanding the reports Of sick
ness in midst freely circulated in the country
there absence Of that dullnss and ssguation
which have for man heretofore observed at this
of the year Produce from the West continues to
arrive daily and the heavy crops Of wheat and oats
all through the great West will be felt In our city
the effects Of which cannot be otherwise than favorable
Cotton Of this seasons crop is arriving freely the pc.
Rod of tho year Ono house to-day received by the
Louisa bales Of this years crop one plan.
taton; this is decidedly encouraging for the season
business Of 1865 and 49, Good crops with sure pros
pect of medium prices put tho panters and our
own community In better humor with themselves and
the rest of mankind" than deficient crops with the
hopes of advance predcaed such deficiency It ia
gratifying to observe the many members Of CONNER
cisl community who are in the city, the spot within
few hours CALI ready and prepared to attend to the
requirements of their carry out the
demands Of trade and business in great and varied
interests and appliances Complete great railroads
the difference in seasons IS regard trade will not be
known the summer will bsequaly advantageous and
profitable as the autumn or winter seasons.
Some weeks since several paragraphs appeared in
journals Of the day. commenting in highly dsro9a
and censurable Of the old banking houss of Oyerend
Quincy Co., Of London this house which has stood on
the highest pinnacle Of fame and emnence for half
century and has transacted immense business for re-
sdents Of bouisians and moreover is the agent of
twoor Of our banking institutions; it affords us
pleasure to announce that the charges of deviation from
honor and good faith have not been sustained We take
the money article of the London Morning Chronies
Of the 18th ut the following, which relieves the friends
of the house. in this section of the financial world from
ali doubts of such if any entertained of integrity
and uprightness
MEssns orERESp, GURNEY b Co.-Great satisfaction
has been expressed throughout every business circle in
the city Of London that at the last
Davidson Gordon which took place this week it was
stated that the conduct fMr Chapman of firm of
overend Quincy Go was most satisfactory. In his
anxiety to render assistance he had uninteutiopa
afforded ground for manffesty erroneous pupposition
which had occasione great discomfort to many and sr
Prise and regret to the whole commercial c5mmnpity
The announcement, however this week, publicly made in
Court of Justice that false conception of the cirsn
stances had been entertained and that Mr. Chapman had
afforded substantial evidence of the 1t the
proceedings Of this the first and most hpnored firm in the
city of London relieved their numerous friends
from doubt Of their having for dsviated from the
high honorable dealings which has ever eharac
tsrised the house anu rendered 1t the chief and
most esteemed representatives Of the moneged interest
The house individually and collectively have deservedy
enjoyed the respect and admiration OF the whole city
has their fame been limited to London-it been and
will continue to be honored with the confidence and
respect q the whole moneyed and mercantile interest Of
the world. /
j. There variation in Exchange to-day unless |
fessening supply Of Time Bills on New York Ihe
balances of the Banks growing less daily Foreign
Exchange Is dull and no immediate prospect of i'm
provementyet bills with shipping documents and good
names meet with ready sale at quotations. which, are
an advance. We quote this evening; 1
SIXTY $sys on tsRas S ls .s
sisty days ss on m New York; dtss
ssiis, days O. New general
Chscss on New York bank faie "1sa' Ss
fSss a sss "a e n ON Nv Ss11 Pasa
On w Wss sssi On . hsg i no
There sale Of somefsw shares Of Bank of Louisiana
Stock at i4o sx-divideud. The market however, is
unusually quiet and prices almost nominal.
Our oates from New York to the Sd inst Money
Market quiet and foreign exchange generally de-
pressed. ,.- 1
New York paper furnishes the following as the latest
Invention of fnancisring The operations alluds to
foreign exchange:
We learn that aome>pgenious swinder has been prac
Using ON the credulity OF tbs public through fraud
connected with this sales Of bills of Exchange 1t ia well
known to all our mercantile readers that these bill
generally issued in rpcates the first Beeoud third
ssch Tor she amoan representing the trassc
tion Being duly numbered and registered they afford
great 20 The nrst bh goes fOrHard
=; IN ST. e ~ AZ e s 50 2 LINUS
unpaid BY tie tenor Of the drafts however the pay
lnent OF either one stops the Of all ohers OF
s 81 uas. th b,s snrs n.an nanaa 10y ~ ny ae
bscaus he would have no guaranty that some one would
not the others before his could be presented
son mas eoesheo, hoMeser, among buyers o. nis OF
~ H. third where the hills are forardsd from ar OF
town. Acting on this custom the rogue in question has
sent his thrd Of Exchange forward TO London where
eesn ara Iae FUNDS ssmsd % ms order
second at their fun value hsre pron,isipa the third or
making fer its absence OF course the VIC
inns q thus fraud found out their loss when the drafts
sadv sccsnsd ,hs third rsi.asd
Nse'-e ~ $50 -. - ~
Hfon fniaosipha We haPs Lne louoWlpg OF the opera
ions Of the u g. Mint for july which shows varv smnl
wv : -s 'HA
We have just been furnished says the Ledger state