New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-08-11


We baze our regular dates to day from New York. with
ni adyces from Liverpool to the Flat u which we give
below The New York Money Market not SO buoyant
as for some days previous The New York Journal of
| Commerce., of the 4th inst. has the following:
MosEs MARKET, Aug. s:The market is less buoyant
than it yesterday the Letters not being auits an
\ cheerful as the telegraph accounts.
The demand for Stocks was not active at the first call
and prices were depressed, but afterwards improved
closing AT the arst Board with rmness The BUOY
| anoy was lost again at the second Board.
We learn that there i-sone little trouble with the ac-
counts OF the QusrterM aster of the u g. Army At San
Antonio Texas his checks having appeared here for CON
siderable amounts, when the balance his credit at the
Sub Treasury Is only $50 He Is Of character and
has borne nigh reputation integrity 80 that we pre-
sume the difficulty will be traced some defaIcation on
| the part Of one or more Of his clerks.
Foreign Exchange is quiet. We learned by former
steamer that commereia bills had been rsturned
fon Liverpool protested for nonaeeeptancs, but said
nothing of It, hoping that the matter originated In mis-
take that could be readily explained learn that TO-
day 100000 more have been returned but the amount
may hs exaggerated. They are drawn by H. r. MooriDg
German Of this city, Herman, Cox 4 Co. of Lfyer
pool and have bills of lading attached They were re-
fused solely because the amount large for the
buyers here. 80 -
The English market for Breadstuas is being literally
supplied from Spain and Egypt which keeps prices from
rising The Mark Lane Express OF London, gives
different Of this years harvest from what wa have
heretofore received This may be bulls opinion IS we
believe the Express under the control Of grain sp.eu,s
| tors: SO "
The experience of the past month has done much to
justify the expectation entertained by myself and others
that the coming crop likely prove defective As
the wheat comes into ear the thnness Of the plant
becomes apparent and the injury alluded to in my letter
of 3lst March, arising from the severity Of past win.
ter and spring the plant having been thrown ont by
frost and destroyed by insects the case in America
the year before Last from the The thirfess
of the plant delays its rpenng exposes to blight
Il now certain that harvest will general
until septsmber 50 that hays three montha' CON
sumption, six million quarters to provide Deliveries
from the growers steadily decrease the imports from
abroad are fast drawing to an end so that the con-
sumption will depend the stocks And what are
the stocksa and where they held2 We believe the
largest stock held In any market is in Glasgow-and
that but little exceeded 100000 qrs the s0th June
Liverpool said to have6000 qrs Yorkshire 10000
London under 100000 qrs Gloucester 5000 qr only
some thousand quarters elsewhere. The same causes
may fairly be expected TO bring about the results
and If So we must see very high prices.
I From the Liverpool Times Juy91.l
| The Money market, Notwithstanding the payment on
the 18th of 15 per cent the loan (amountiDg to
9240o00o9 has been well supplied and in an easy posi-
| ton. The payment of the fnstaiment certainly has
caused active demand to prevail but II has been
well met and nothing in the shape of pressure has been
felt. The rate Of money in the Bank of England
tnues without change. Messrs. 0Yerend, Quincy & Co.
give notice that they have reduced their for
at call from "a per OF to M Messrs Barring Co. and
Messrs N NJ Rothschild s. Sons London have opened
loan of 750000,oo0 francs The East India directors
given notice Of their intention to lower the Of
interest India bonds from per cent at which it has
stood since May 1854, to 81 per cent.
The return from the Bank of England for the week
ending the 18th of July gives the following results when
compared with the previous week:
Pnhie depoaits E2slIol4 1886
Other deposits
s,22l2s0 neresze.,-. l146S5
On the other aide Of the account:
Government sseuris Decrease
unempioy ssssoas Dsefsass 4sssis
The amount of notes In circulation Is E20,97s,s70,
has,a