New Orleans daily crescent., 1856-06-03
THE COMMERCIAL DEPARTMENT.
Netp 0rIeans Nloutw Hlarktt.
CRESCENT OFFICE, No. 70 Camp street, !.

r p.5 Monday Evening, June 2, 1856.
The week quietly, though here and there the
corners there is considerable talk about the municipal
election though altogether the general sopic yet
the minds Of many citizens whose business comedies
general good management Of the fiscal concerns of
city, There bnt few Of real eatea still
Of capitalists and holders OF noneywho express
dissatisfaction with the management OF the Council whose
term Of service is about expire. With the general interest,"
therefore, taken the election to-day is not expected that
anything of great importance this evening Which
to remark.
The letters by the steamer Baltic from Liverpool to the 1h
ult through to-day The day of departure from Liver
pool being the middle of the week have general circulars
of the market But have been furnished by commercial
friends with the following extract from the private correspond
encc, which shows the market to have been lsteys
iThere but little speculation and spnners were only
taking for their immediate There too fear that
stringent state Of the market active rise in
cotton should however money again be plentiful advance
At this advanced period of the is almost impossible
arrive at anything which may be considered criterion Of
the market.
There only moderate demand for exchange today with
the banks The rate foresight checks New York
fully maintained The large arrals or the
the within the past days seemed obe the
of larger supply Of exchange being placed the market
The banks sold checks at and there was but little offer
ing In time bills have variation from Saturdays
Outside the street the ruled from par u
dis, and sixty days sight from IL to 1ss dis.
ruled from 81 ST. clear bills from eS 81
with the banks holding at fraction nv
We did not learn Of any sales in francs and have only
quotations of Saturday, say a 81 16 the ssles
of the day being 81 liz. ""
Stocks quiet and the Canal Bank leads off the dividend
about the 2h ns is expected any large
actions will occur in the interim.
Comparotse Condition 9f The Banhs e hs City for he last
aayy saa" % n O. 4t e, and Nay 1856 also 9r Tie last Sat
April, 1885; May, 1885, May, 1879; ssss;;
sREssasiion SRssf ss3ss sSsS sss
B:: $;::::. g ;;EE
Long and fssFs 81: Loans Ass5 Xsy
Actual increase Of Loans for the month 1872
Long and 5o Saor Loans May May lsss ls
Increase of Loans for the 536 4sU
From the above will be observed that for the month of May
last the decrease specie 670 decrease in circulation
s5l00s5 deposits s96s 0Gs decrease short oans
s9SO,712 decrease in exchange, S799 ,377.
The decrease in deposits is just about equivalent to the in
Of capital paid into the Bank Of New Orleans The in
Of loans discounts is s2e 1872 month.
There is marked difference between May 1855, and May,
1856 The deposits millions for be May
than for May of last year. There less Of specie and
anlon circulation which the increased business
Citizens Bank. The of exchange is about
millions Of dollars The general expansion of loans for the year
is 4s0 The entire comparative statement shows ndnbta
BILE evidence of steady increase in the business Of the city
The mail to-day brought advices from New York the 9th
ut The weekly of the banks of thut city
Saturday, 24h May, considered good one, being fol
lows:
Loans Specie. Circul'n. Depts.
Say Ny iSS Sfs 1sss5 1sssss ss5 ss ss
Decrease s7s4553 In1 D.l53o5 D. 66 Ill
The Express, Of that date, gays:
Sterling bills today are dull and are quoted at 1921 fo
by the Wednesday will probably less than million
We have heard of about S6O0oUo already determined upon
which amount will doubtless be increased
Condition of the Bans Of Orleans the Saturday Of
toeeh from the 1st September, 1855.