New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-08-03
COMMERCIAL MATTERS.
Nsp eBrIsans aaaensp agarkst.


~ EE,N a
Thursday Evening, August . 1856.
The monotony generally prevailing for two Or three
days past In commercial circles somewhat relieved
to-day by the Geographic intelligence advising Of the
arrival at Halifax Of the steamer Asia from Liverpool with
weeks later accounts although quotations Of Cotton
have undergone change dealers ara eatied with the
accounts as they read
Our ean money market Ia aucuating the offerings to-
day heavy and largely in Of the income Of
the banks and the street there calls and the
demand for loans the increase Some paper short
dae was placed at per cent long dated rules ut TO-
and second grade at II to 15 with single names OF
rather with only one name looked on as Responsible the
other being unknowE going at 10 TO IS per cent Ths
banks which fortunate to have any thing oFef
above the requirements Of the law conns themselves
strictly to short paper It will be observed that the
specie basis isconsidsraby reduced and IN September
October and November before exchange can be
there will be large calls specie to meet impost duties
on fall appropriations from foreign countries II the past
month July is taken aguide there viii be an increase
Of duties over year Aspeope will encourage the in
portaton of silks costly millinery fine broadciohs with
an endless Of gewgaw it need not be sprptisng
that rather stringent condition Of cur money market
before the full opening and heavy arrivals
Of cotton and sugar in November and December next,
The following from authentic sources is Of interest
The amount Of duties imports at the Custom house,
New Orleans, for-s Il
july 1854 Was "a sSi
July, 1853. eorsst
The excess Of the last month July, 1854 h equal
10 ia per cent. This than were prepared to
expect As the regular statements are prepared
W. shall furnish the different kinds and value Of mer-
chandise competing the importations.
There was but little variation in Exchange to-day The
most important sale Of Time bills 10 day date draft
on New York for $4,000 at ~ per cent. discount.
The Banks checking the counter at par and
some were purchasing 80 day drafts at "a per
cent discount Good private drawers sold sight at Il
discount and some drafts the street sold ct Il to
Il discount Sterling, bills, continue quiet at O. 9
and 9al premum-the latter extreme rate. Bills with
/ shipping documents are taken at SA to 81 per cent
From the limited amount of produce sale, this latteI
description will be out Of the market in few days. until
the return and opening Of business in October.
| We did not learn of sale Of Stocks to-day
The Direcs Of the GitizenS Bank declared their semi
annual dividend say i've per cent this evening leaving
handsome surplus The profits of this institution for
the past twelve months for the Cash department
thing very remarkable, being fraction over nineteen
per cent. and through all the commercial disasters Of
the season. it has only suspended debt Of $3.50. Ihf
unparalleled instance Of good fortune seldom attained
in the regular course Of banking which We believe has
marked the management of this bank.
Comparative Condition Of the Banks Of this city for the las
| ,azs..I Saturdays n July for four years past.