New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-12-24
COMMERCIAL MATTERS.
ryehp Orleans Mpasp MarSst.
CHEscEnr osrrcE, No. 10 Camp street,
La. Eunnirlnr DaI % lE,i1

'-' CHEscEsr orFicE, No. 70 Camp street, L
@..8. Saturday Evening, Dec. ~ 1850. J
This evening has closed another week Of extensive
transactions in cotton In In molassestbs tnres
greatest products of and adjoining states 10
four in corn in wheat the valued products Of the West
In exchange and in paper in the engagements Of
the great in the city retail trade in fine II We
not the road to wealth. to prosperity to fame and
to greatness ought to be, for commercial com
munty has worked hard enough to attain the most
elevated pinnacle in the commercial chronicles Of the
country.
The sales Of produce this week will reach four millions
Of dollars The sses Of coffee and other articles OF staple
have been to fair extent go have the varied
assortments Of Northern and Eastern productons and
though to-day the early and business part was rather
unsEorsble yet streets and highways were unvef
sally crowded with multitudes Of visitors and citizens
here and there aud everywhere retailers fancy stores
and dry goods clothing hat and shoe dealers spd s
appeared to be actively engaged. Our wholesale dry
goods hardware dealers making large sales
ss desire to them Grocers doing better, and
many in that line are full Of business. we turn to our
Ievee landings for further confirmation of activity
be final for place this broad continent at this
moment exhibit business than the three miles
Of landings Of this much and highly abused city Of New
Orleans. 49, ..--..-5. .=a.,=
The transactions in money and paper to-day were
large. Paper in active demand and all good snd
medium taken at and 10 per ct. Some Of
strictly favota character placed at fraction below
8. We estimate the days sales at S20 co., with more
money seeking investment for the Of the year than
we have known for many years. All payments maturing
between this and the 10th proImo provided and yet
cotton will continue to and continue to be sold
The aggregate amount Of discounts through the banks
for the week have been two millions and three hundred
thousand dollars Of business paper The deposit line Of
the several banks will show increase Monday unless
the days payment for that day should be heavy The
deposit line Of the Citizens bank for the last six days has
averaged 600 The State bank also has heavy de-
posits averaging fraction ss5o0o00. These are
further evidences Of great business progressing through
all the OF trade. The discounts at the Canal
bank to-day heavy It also operated largely in
change and think the extent Of its operations to-day
furnish further and conclusive evidence that the heaviest
extensive business for years past In the
course Of progress and accomplishment in midst
The Exchange market from the extent Of operations
has recovered from the stampede Of Thursday rates
have settled to low figures for grades For checks
on New York all the banks with exception, ask
ing n dis. private bankers a aud pretty stiff. Time
bills bs had at all rates from TX per Ct to *
dis For sixty Gays sight, good bills could not be had
under to *. Some bills Of adng drafts placed
, at OK GONE sixty days Baltimore, payable in New
York taken at ~ and some operations, direct on
New York were also made at 2h to TX though some
first class drawers held at could hear of sale
that figure. Sight the street ranged from Il to
dis and suppose on squeeze fraction lower might
be accepted In Foreign Exchange the operations
to extent. About fS5oo0 taken at 1o7, 10TH
and 10TH the former with bills lading and the latter for
investment limited sums taken for direct re-
mittance fraction over, say 1o7X and 10s. Francs
were quiet and change in rates which range from,
1924 to 271 and 525 to 523l sales were made
at 52s2 On all points France the market closes
under heavy sales, but with abundant supply and
quote Sterling with bills lsding from 1o6 to 1914 and
clear from 10Y to and domestic at all rates be-
y tween the respective figures quoted above.
The steamship Nautilus arrived to-day from Brsxos ST
Iago bringing sl93 81 in Mexican dollars 1t is difficult
conjecture what the market will open at the
exchange is against high rates. large share Of tn
present receipts for reshpment unless sales
N effected to advantage here.
The receipts Of specie since last weekly table
~ he hr Mary from Ruasnn silver lis
sehr. Harriet Lewis, c Tsnpieo, l1o
d b. bs Maui lsa87
By he river 500
rseTioS.ly rec Sept
Total receipts since LIST .rnber 76ss
The several transfers to the Assistant Treasurer Of h
~ United States at this point not included. They wi
Ia. | amount to sl5oo0Oo s.5.
The mail to-day furnishes us with nothing Of interss
The Union Havre from New YORK Saturda
In carried out Sl2sooo in specie The Mobile Journ
i've | of Commerce says:
We pleased to snnouuce continuance Of tt
~ activity previously noticed business in gener
u markets being, if anything brisk Several strange
~ in the city and give everything animated
,icn.ta srga arr;ys,s .na bee.y ~ tra5
Receipts Of cotton and produce from the interior
NJ the liberal scae heretofore sud sales in 70
proportion. Prices of this staple have regsned the pos
NV tion held on the ls inst. Bacon four grain lime, lar
e pork and whisky quoted at decline, and butte
cheese candles and potatoes at advance last fgur
The market is sbuudsntly stocked with all kinds OF
zen fo Naw orIeans and rho North With ths
s,t.rday 80 ~ +,uo onannr d,gs IL 10 n,a ~
s bn eonf;nnsi fin. of rs;n rends}ad the st-aats
Fas ,udi,- .nd an,ost ,n.ssaba tha raa,ber snns =
her Loot has bean niaaeant VS. no ents,ts;n M ts.r
lad i,,llnsss from, want al navigsbis r;vsro - 49,
lan e3 - - = .,e -