New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-10-01
COMMERCIAL MATTERS.

casscErr ofrrcE. No. 70 camr

| CaEscgsr orFcE, No 10 Camp street. |,
saturday Evening, September 20, 1865
| more unpleasant wet disagreeabe day has not
under our notice for month"; occurring as It
has on the ast day Of the week. day Of all others in
which there are more outdoor than any other
two days together causes It to be sensbly felt
Rain commenced to fall about ten O'Clock this morning,
and has continued at nvervas until the present writing
causing complete Introduction the chipping of
chandse and the receiving Of produce The wind blows
freshly from the eastward which will watt into port many
Of the vessels DUE and place check the stiff aspect
OF freghts and tend to facitats the movements in
great staple Though the stock Of Cotton to- day is
than double what 1t at the time last year. the
present rate Of freghts cannot be sustained unless
large decline in Cotton should here rise
Europe. Freights in New York considered brisk At
last dates and very renunerative at $40 II 32d
sterling TO Liverpool. A large ship taken up in
Mobile Wednesday last at 34d for Liverpool The ship
Helms is chartered in NewYork to load here Liverpool
at 1lled The ship John Cottle, of $500 bales at SD
sterling and the ship Joseph Holmes load with Cotton
for Trieste Genoa at OF present buyers of
Cotton in market must predicate their operations on
eights experimenting possible these rates or
operator will have papabe advantage another
1t is believed however, that several yeeels chartered
in Northern ports under speculative contracts If
such s the case there will be strenuous exerons
up the rate Of feights The high rates have another
depressing tendency to the general good city One
dollar per barrel freight to New York and Boston will
many thousand barrels of Flour go by inland
route via railroads and rivers to market Flour from
NewYork to Liverpool is carried for a. sterling per Dbl
York Of cents per barrel The question Ia
whether this seventythree absorbed in
the higher charges of railroad transportation than the
charges by seeking outlet for foreign markets
through our city There are ut this time hundred
sail of large vessels bound to this port the greater num-
Der Of which will arrive during the month of October
The Money Market to-day for lenders as dull and
cheerless the weather. only heard Of few trfing
negotiations not Of sufficient Importance to give any tone
to the market and quotations Of and 10 and IL
per cent the inside and outside of The offer
ings in the Banks to-day S255000 (16o aud 9) Of
which S208000 discounted. As business improves
or becomes extended the calls on the Banks in
This has been the for the past three days
aud though the State Bank had only very moderate
income to-day its increase of deposits warranted it in
discounng largely in of its receipts and az the
advances calls for loans will increase
with the increase of business The heavy amounts Of
Exchange which begin to appear the market and the
favorable rates for Investment and remittance will obvate
any demand for Specie and the Banks that point can
render efficient service With the in at this
moment though should Sterling Exchange go below
log there viii be Inducements for the Importation of gold
provided the receipts of Cotton for the next three
a corresponding ratio the months of October
November and December last. .s.@
The Exchange Market over-supplied to-day
Sterling bills plenty and the anticipated decline was
acceeded to on the part of sellers but freely by
buyers. Bill with bills adng sold at n and it was
difficult TO obtain offer over Sd for clear bills of
good make and character. Francs dull with good
supply the market The first class bankers we're will
ling drawers New York. at sixty days. TX dis The
Banks taking at to 2 for good to fair bills There
were good sight drafts offered at cent The Banks
drawing at u per cent. discount over the counter
The large sales of Cotton for the for the past three
weeks has been the cause Of great accumulation of
Exchange and being pent up long and the facilities of
shipping having been largely increased barriers have
burst, and bills have the market like an ava
lanche We can reasonably expect steady feeling
With more regular market within few days We
quote: N7
si1t d,rs an WIN K H. cen prem
Fans
sky on New YORK q y nj ds
sky Gays on New f9EE her
sgnt on New OK, Bsnt dtt4 u II cent s
highton New YORK, other
Gh.cke on New York bank u X cent din
Isn days gh on New York, outside 40 Il cent ds
We have nothing of interest from New York TODAY
The two steamers which left that port for Hayre on
saturday last carried out se4lsl4. The total amount
shipped from that port since the January for foreign
! countries is s24, 40S,s6l
The following the rates Of Domestic Exchange on
Ma York in fha fol ntps., y