New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-12-06
Nehs ORLEANS asIonep .fslarast.


BUSINESS vas prihA To-Day we have not heard of
plants only from note brokers and money lenders their
business appears to be remarkably inactive Next month
the city will be crowded with visitors from Mississippi and
the interior Of State the system Of accepting
on crops to be raised wi again be called into reauon,
but mot to of former years the condition
the country does not require it. Then course there
will be more long dated paper on the market Factors
however, with the general uncertain state Of affairs in
Europe before them will hesitate, and undoubtedly be
very reluctant to assume only for persons
Of well known punctuaty using great discretion in the
amount and still more in understanding what disposition
is to be made Of their yors obligations We do not
therefore, expect that the qusnty and amount Of long
dated factors acceptances will approach the sum Of former
years and it is obvious that rat of interest cannot
bs expected to be resaed this season The community
has to increase its indebtedness the Banks
the present month to reach the on the last Of
December, 1854 which 81 oSt 5s4 With the good
prospects of receipts OF cotton from all sections
ing out of Arkansas river do discern the least
probability of legitimate increase of business paper for
the present.
The offerings in the two Banks today Canal and State
very moderate not greatly in excess Of their in
come and discounts free though slightly on the in.
crease
The Exchange Market opened this morning with an
upward tendency three Of the banks advancing their
rates for checks on Newfosk dis another asking
x
sight and making heavy sales at 30 dis for sixty days
Other grades the street ruled u for sight and x to
per Of dis for sixty days. fair produce bills at a
to 23s We learn Of sale Of tip top sixty days at
The banks were buying sight at " and q according
aud the general standing of drawers Foreign
Exchange not active Sterling first elias, clear bills
taken at 4 tx prem with some drawers holding
at TX, and which price was paid for direct remittance
Bills with bills lad;ng taken at 60 to per cent :
though the margin for profit small yet operators must
be doing something and trust to chance for profit
Francs are without change; some small amounts were
taken at $50 to 52Ss. A round Of $4,000 tptop
bill at thirty days sight was taken at per Ct discount
on New York.
The steamship Cahawba brings in gold to ths
Citizens Bank.
We did not learn of sale of Stocks to-day The Gas
Light Company has made its regular semi-annual iv-
dsnd of per ct payable the LIST proximo at the office
in this city and at the usual places Northern Stock
holders in Philadelphia and New York the same time
Our Money market remains in she dull and mani
mate state which we have noticed during the week.
We gather additional intelligence from cur ad-
received BY the Canada which is that there seems
crisis approaching. great financial contest is in pro
gress between the Emperor Napoleon and the Roths-
chds relation to monetary affairs the latter thought
to be secretly in the interest of Russia causing extrasr
binary financial moves-the result of which may be
greater than the victory Of Sebastopo War money
and generations after foot the bills crafty despo-
tic ambition We may on this side feel the effect u
matey The aiatng ties Of trade paralyed sooner
later by these mighty convulsionsever detrimental
prosperous commercial relations. These evils felt
often long afterwards by serious Of failures in many
countries
The bank Of France is anxious to procure loan Of
100000 sterling in gold Events ordinary charac-
ter SPRING calculated to bring general
On the Goth Of October decline Of los Ell for share
took place in railway share The GALES for conso closed
at 81 to $751; the non-arrrval of gold produced heay
heavy falling of in bank bullion anticipated
There buyers for exchequer bills Discount rates
call loans advanced to five per Foreign seeur
ties experienced accelerated heavnes
Of speculation. The measures of the Bank of England
who advanced her discounts, operated check upon
cotton market, previously active The bank Of Holland
has resolved declining sell silver The recent drain
from the Bank of England is attributed by the London
Times to the demand by the Scotch Irish and other pro-
yincial banksa million sterling being absorbed in this
The remittance of the two previous fortnights
s4s6o5o and 5o5s5e The resolution Of the bank
of England, not to discount bills having than sixty
days to except at the high rate of per cent has
led to great Inconvenience on the part Of the wholesale
housss bat at the time the application for bank
ruptey OF small cabre. The circulating of the
bank of England is G20648.S65, being an increase of
&56slD the stock OF bullion, in both departments is
e752421 showing decrease of f52l s6o from previous
returns.
By the mail to-day had dates from New York Of the
18th ult. There better supply Of money Offering
loans call being at per ct and thirty, sixty and
ninety day paper to 10 per CT Borrowers and enders
do not appear regard the absurd and senseess on
usury Foreign Exchange sold for the steamer of the
9th at 10S4 to 10s6 for Sterling and SD to 51S fer
Francs The steamer Atlantic for Liverpool carried out
only $4,000 in Specie.
Among the visitors at the Stock and Exchange Board
New York, on the 21th ult was the Governor of the
State of New York. desiring, it ia presumed, become
morsintimste with the Bears and Bulls acquaintance
he could not cultivate his hardware in interior
osNew York The New York Express in its money articles
says;
His Excellency Governor CLARK. informed,
having sznfed desire to visit the Board and
Operations of the Bulls and Bears In person. aecord
ngy invited to attend morning meeting Of the Board
His Excellency made his appearance this morning,
accompanied by his friend, John Thompson Esq was
ushered into the room by John Ward, Esq and intro
duced to the members by the President Charles R.
Marvin During the visit of the Governor the utmost
order prevailed, and the usual business of the Board
transacted. We have not heard If the members took
occasion offer stock for sale in bis august
adopt the suggestion of the Governor in hi. Message to
the Legsaturto display the certificates of stock
orders of their principals.