New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-08-25
COMMERCIAL MATTERS.
Mem Orleans Aloncn Market.
CREscENr OFFICE, No. 10 Carr STREET.,
FRIDAY Evening. August "a 1873

CREscENT oFFIcE No. 10 Carr srREIr1
Friday Evening" August "a, 1866 I
The large receipts Of Cotton Of this years growth
strengthening the confidence in financial and commercial
circles Four thousand hundred and twenty-five
bales received by two boats this morning which has
impaired good feeling II any wanted, In all busi-
crcles and the Money market has partsken of its
influence, which, happy to remark continues easy
Although the offerings in two of the banks to-day in
Of the receipts nevertheless the Ctizan responded
all calls which the mandators deemed good SO did
Union also did the Bank Of New Orleans tbe
Of Its income. The Citizens Bank shows heavy balance
to-day inside Of the Iaw-say S315,OG0 The Cannl also
figures up strong Tomorrow being the last Saturday
the month"; the Bank Of Louisiana paying up all bal
to-day In gold intending not only to be independ
ent in action but also in feeling All right hope
may long continue bs position to sustain the credit
and add the general reputation Of commercial and
financial community.
There was but limited inquiry for money the
streets to-day quote rates Of good commercial paper
having three to Ave months to rum at to 10 per cent
long dated 10 to H. second grade from u to B with
an occasional negotiation at 49, sometimes little over
There are Sbylocks among who have rather hard
conseiences and eynce scrues in asking 20 per
per annum for short loans. s.-s
we have nothing of consequence to note in Exchange
Our embrace sales OF the week asking rates
to-day. Some Sterling with Bills Of Ladng have been
placed at anu s0Me sano at
5.16A. we quote this evening:
siaty days On London with Bla Ladng Ct prem
s isy s sys On On Nov Nov Yoi en- re q
nasl q NV yof nRR
sgs, D AZ. New y yets s u q cent prem
Tdrsg dsys Sight, do oussde 10 II die
On western Sites no change.
The week coses inanimate for stocks The only sale is
81 sharea Bank Of Louisiana at no. Canal is held at ITO
The continued expansion of the banks Of the city of
New York is attracting considerable attention 1t is well
known that the past sx months business and trade
every kind has been unusually depressed True, thou
sands and thousands Of travellers have arrived at and
departed from the great cty and when the general posi-
ton financial affairs is closely scrutnized there will
be found much to condemn and but little commend in
the action of the banks Let us compare:
In January Discounts
On ths ifh presen, month they
Increase in uonhs .sis 44D sos
Specie in Fsbruary.hs bshe1 the year
On llth issso $50
M@."#. .-s.4. "y. s4Mss.1
Actual Depis in January ss4 ss2 g
Increase in psposi.a $ss7,i1s
The circulation tring. compared to the capitals Of
the banks being in the aggregate ST50o0o0 The cur
rsncy of the city is mostly composed of country bank
notes Issued from every State north Of Mason and Dixon
line great deal of which is receivsd by the banks and
obviaes the necessity Of large circulation of their own
Then alarse extensive operations and even small
transactions, carried through certified cheeks
which in reality ara species of circulation in disguise.
The highest figure the loans and discounts of the banks
Of New Orleans reached is l9, which was in
December last The highest amount Of deposits was IL
April st-say SIS 528 The highest amount Of specie
| on hand this season was S8TJ56
The Stock Market is quiet and disposition eyinced
on the part hders accept lower than quotations
Our quotations embrace prices approxmatDg to LAST saes
4 excepting Bank OF Louisiana
Bank of Louisiana paid. .IoGls
Canal Bspk .--.-.-....icGsi
Msshsaes' e
Union Bank sSsss
Sas Light IG5 paid
cofnnasfeiai 81
P6ateHartTTiD srosd ISLE
opeloussa aslS
esf eSss S toaysoy.
oid Fellows, Hal Ky
sie1h y itSo iyi sss
Gly Gonkoiiis:aa Boadg, last AAlss. noniiaa
stAie Bouaa.
Leves Steam Cotton Presto. Heifins
Uncurreps coin meets with ready sale at our quota
tions. Uncurrent bank notes slowly. We anne
usual weekly quotations. which the rates Of H.
derrell &C.
SILVER.
Amer. 10 Guilder Piecss
Mex prom Thaler S0G1t
Spa Hailed Mexican Doubloona. 5U6l1
Five Spanish Doublooas.
soyereigus s0s5 CAL Gold Coins.. q cent d
PsesH. s0s5 California DuH III 6b
uNcUERENT NOTES.
percent North Carolinn ...s92d
Indiana
Iiao Alabama Snta 6a9S d
Ohio. l&SHI NOBLE a.
| Kentucky. Fexhe
Tennessee Sanks
South Carroll West Fslciaha Rail Read
dial Land artnnta, 81
The amount Of specie received this week is limited
, being from
Si
| 49,
Received pIeSIaly since Sept J. Sg37,5i
l
Total aimee LIST Sept 1851
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