New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-12-03
COMMERCIAL MATTERS.
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CREscsFr OFFICE, No. 70 CAMP sTnEgr.
Saturday Evening, December /, 1856.
Our community disappointed to-day 10 mot recey-
ing Its correspondence by the Canada which arrived at
Boston on last Saturday morning o'clock 1t may
come through tomorrow, though its purport will in
be rendered nugatoy by the accounts received
at New York per the Collins stesmer Atlantic
The day closes another week for large receipts Of
produce with corresponding Sales at good prices amply
remuneratve to the grower and hope those purchas
ing for foreign markets may aso fair recompense
Business at Customhouse has been very active for
the past month though the Of duties is 50
large as last year yet the value Of imports will be larger
from free goods and merchandise only paying low duty
sush az salt The portations of this article have been
large, and though confess in respects to favor
tariff, yet there is good sufficient existing
why this very necessary article should not under
the free list There is sufficient raised ether
articles Of miscellaneous character largely beyond the
necessary requirements of Government and the twenty
per cent duty salt with the greatest propristy
abolished.
The amount Of cash duties received at the
New Orleans for November, lsss,
Orleans NOVEMBER 1885, sissss
The Money Market continues to be marked with that
buoyancy which have from day to-day noted during
the week. Good paperis readily placed from s and
per cent and fair grades from 10 to IL per c with
some as high as 10 to is per ct.
fifty shares Union Bank to-day 500 So The Canal
advancing 1t leads off in the dividend line making Its
regular serniannua the 24h inst II will undoubt-
edly advance.
The Exchange market has good appearance and rates
of yesterday well maintained About EOS Of first
class Sterling taken yesterday and to-day *
and TX. Drawers are pretty firm to-day at N with
holding at TX. In Francs there ia change and
rates rule from 5aIl4 to 52Ssl New York funds are
t1ry
they from 4 to and u. Sixty days On New York
without change; Bankers bills readily taken
~ to ~, though hold at ~ Produce bills take
broader range and rule from to ~ per dis The fol-
lowing the comparative rates for two years past
marking that in the frst week of December last Sterling
declined from Il to Il per ct.
December 8, 1884, December, 1885,
ss: !ss ~s sis ssSs prem
St si.,s as; s. <: ass s3a ssg.S
sig6, On YpEt....... X3X ses. d,s. pssaI al dis
We had but little intelligence by mail to-day. We
gather the following about Northern Banks More than
third Of the Bank Of Vermont have earned nothing
the stockholders during the year. Three Banks in Bur-
ugton with aggregate capital Of $3.50 0e hold doubt
full and suspended paper to the amount Of than
SlT5O00 considerably than third Of their capital
Several others hold doubtful paper to such amount
that In the estimation Of the Commissioner they ought
to declare dividends till this paper
promising aspect. The average Of dividends all the
banking capital which has been in operation long enough
to dividends, is only a1S per ct.
From the monetary article Of the London Daily News
Of the 9th ult received by the Canada gather the
| following @M@# g..
The English stock market to-day shows decided buoy.
ancy owing chiefly to the support given by the
Withdrawing Of stock by the public and to the approach
ing declaration Of the half yearly dividend the 9TH
December. ..,z..5-=..A-== 49,
rise Of shreeeighths per cent. temporarily st.
tanned in the afternoon However, the marketthough
retaining steadness Of character experienced relapse
and the closing quotations only quarter per ct
higher than those of yesterday.
The discount market quieter the rates ruling as
before At Paris to-day the three per cents. closed
lower than the quotations Of Thursday 1t is
that about half million Of the last nstslment the
Turkish Loan has still to be RENTED Constantnopie
AS another instalment of the three quarters mill
lion will be paid by the subscribers the 23d it
evident that the drain of specie this quarter coupled
with the still unsssfed requirements Of the Bank of
France, will tend to diminish the belief which
time has been entertained that the money market might
be expected to derive great benefit from any arrivals Of
Australian gold.
The British Government hiss officially prohibited the
expectation Of saltpetre from the East India Compsny
territories to other ports but Liverpool London
The Government has also ordered ali vessels that
loading in England with saltpetre and nitrate Of soda
the United States to discharge the same. The ship
Cahariue, of New York, Capt Edmonds which was load
ing at London for Boston, had been ordered by Govern
ment to be discharged of the satpeter board