New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-12-03
Aeu Orlears gtlortv 54t(arket.

CRESCENT OFFICE, No. 10 Camp street,
tsf=1 Tuesday Evening, Dec. 2. )
Tho c,ordv warm weather past days gave
dov inst about closing Of bank business to heavy rain which
was amply sufficient check outdoor transactions neVefthe
less there great movements in Money matters to-day
We learn calls for discounts OF the banks ap
nroxu,ated to 800 that nearly all granted which
with exchange dealings makes The active movements Of the
bank yesterday and to-day million of dollars ms IS
great business for city, of which it often asserted IT'S ioe
is declining There have also been large Exchange operations
with Of the free banks and scanning closely the operations
of the days they reach in extent and comparative time
this perhaps corresponding period in any pre-
viols season. ...
Nh, ncips features 10 day were Exchange with downward
rates for sight sight New York the market cohti
mas n be nndantlv supplied. The banks checking the
counter At discount outside the rates were aGsl per cent
discount, the figure difficult to be obtained FIVE days
sight ~ discount; sixty days sight 2s27a diseouh Win
some good bills going AZ 25G discount g.. r5
sterling without aly change Dealers taking for investment
aL ara for bills bills Of laiing drafts 113 and
more Offering Francs learn of the sale OF 2oo' a"
SIX and 200 900 from 1905 the range OF lhc market
being rather lower than yesterday and exchange OF all KINDS
droog The proceeds the large sales of cotton for three
days past called for and it reasonable TO con
cnde that the lowest not yet reached
We shall soon begin increase of the specie resources
of e banks though only bank which has ordered
any considerable amount being S250 by the Black Warrior
and 500 by Cahawba from New York This bring
ing the from where started from last spring. as II
goes hence West, thence New York to quldate pal
course trade although the Western banks find it greatly TO
their interest proceeds of produce under their control
in Northern exchange nevertheless there is much soIa tina"
goes up Mississippi in the hands of traders which brings up
in Wall street, New York
We heard Of no sales of Stocks to-day oh learn a' 9il was
refused for Union Bank.
nnncia troubles in France and England have called
forth many opinions much aiadversion on the movements OF
the Batkof England learn from our late exchanges
Coeporaueously with the aspect of the Bank
of England somewhat satisfactory accounts given
respecting The state of the Paris Bane The demand for gold
from that establishment relaxed though this
should prove evanescen there others which seem to
past md that the allies will weather
monetary difficulties which not long seemed to threaten
an inevitable commercial spwreck. Although the necessity
obtaining supplies of gold which induced the bank to pur-
chase that metal heavy Premium regarded in this coun-
try with ALARM apprehensions were not excited so
much the fact ITSELF convenent as might be to ourselves
the financial condition whereof seemed to be syp
tomato Under the impression formed from own monetary
system purchase Of gold above appeared almost equivn
lent Of bankruptcy, It giving twentyone shil-
ne for sovereign and involved the idea of inconverbe
and eprecattd while recalling the aict
ing "reminiscences Of the old dcreled sues during the
with Napoleon But those who thus argued forgot that the
Paris Banquc is like prohibited from buying gold
any other price than the official SIS 50 per Both the
precious metals regular objects Of bargain and sale The
directors give less for gold just the OF the
Bank Of England charge less for accommodation"
acting Id all with the view Of placing themselves in
sito Of security, realizing the largest profit In
a the premium paid for gold by the Banque instead oil
being loss many fnncied this side OF the Channel
order off national bankruptcy WAS in reality
one profitable Investments that could have been
is item Of expense, doubt there large out
lays During the last financial the lanqne spent more
900 these premnns and within the last four or live
months S2io 000 additional. But the stock OF bullion
which, by the aid of their purchases they succeeded in na
tanning enabled the direcorsio keep aoat many millions Of
paper currency which they reape profit sufficient
to pay Is per cent. dividend to their proprietary