New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-11-05
COMMERCIAL MATTERS
ssei1 .eDslsars :ll(slEonsp. daarast.

81 = - Cagse grT 0FsIcE, No. 10 GAssr S1aErr
shturdsy Evening, November 9, 1855 J.
The mails from Europe By the 5AfreE and Hermann
were received to-day. The private eorreependsice in
some respects sustapste decline ID Cotton We how
ever give below two Grculars which rather conflict with
each other The decliDe Of nearly IA, mentioned in
the Circular Of Mersrs Brown Shplsyz 3, Co.,
forced sales Of Mobile and Upland, we the better cha
racter Of New Orleans enabled 1t 10 sustain prices
better footing The general intelligence, constrrsd
from private letters Ia much more favorable than the
telegraph adyiees The Baltic arrived at New York this
morning, with weeks later adsices The telegraph
account to hand too late have any Influence
the operations Of the day 1T s gratifying they NOT
Of inst gloomy nsture many believed they would &c.
In the present position Of eommercis affairs as well
political matters on the othes side ii is suggestive that in
cafes parties await the receipt OF their private dis
patches aud do permit themselves be carried away
enthusiastically deprssngy Influenced by Geographic
accounts which often not sustained by the regular
accounts. = 'N' .FX Z :,
The general feature Of Money Market is unchanged
appears to exist with aii the BANKS with
the Note Brokers general qustusss prevails The
are dscountng all the good paper offered though the
amount offering IL increasing the Citizens Bank ses-
terday having discounted to the amount Of 25
was largely in Hue this morning BY the steamship
gahawba addition Of s2ossoo made the specie
strength of the Canal and eizens Banks. The Banks
IN the aggregate will On Mensy make strong statement
There some few sales of Stocks say twenty
Eve shares Louisiana State Bank at 122k 100 on 7,
hy shares Baon Bank reported at 90 gross sn during
yesterday snd the day Inevious ITO shares Bank New
Orleans were transferred at o35< gross. 4-.@ 's
Railroad Stocks which have long Seen dormant are
becoming vitazed The progress making In the opelou-
Railroad has encouraged holders advsnce to So
at the time mHny large proprietors do not intend to
place their shares the MARKET others are only will.
ling to si at par The project now in embryo on the
part of of the friends Of the Jackson road wilt
d5ubtedy ptove successful and hope soon to have to
note the present prospects, regarding 1t win be fully met
Foreign Exchange opened suggishly and dropping this
morning. II Ia manifest that the bears have the control
Of the market Good Sterling bills were sold at 1G7 and
the rates range from that 107 though some draw
yet hold for TX to This latter is an extreme rata
Buyers Of Bills with shipping documents were not anxious
to take to any extent and only small were placed
ca OK and 6 ODE chief operator was waiting fuller
details of the Baltps advces. Francs partook of the
heavy feeling, and closed under good supply with sos
oilers low as S3Athe range is mostly from 81 K
to .2614 Domestic New York sixty day bills we're
tskenby the Banks from " to n per Ct discount
There better demand for checks with some Of the
Ranks at Though Banksold found sum at n TIC
compete with outside drayers who were wiling sellers al
that rate Private BANKERS had demand for sixty
days at IL dis Fire to ten days sight on the street at
to LIZ per dis. The market closing under toerabIt
| good fegfiux,