New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-03-26
THE COMMERCIAL DEPARTMENT.
Netu ORLEANS Sfloneg Nlarktt.
CRESCENT OFFICE, Moro Camp street,
IT i

CRESCENT OFFICE, Moro Camp street,
Tuesday Evening" March 49, 1856. : |
There was no change in the general feature of the Money
market to-day With the very fine weather. the constant
rival produce almost every section of country Of which
the Mississippi river the grand highway nothing less could be
expected present activity and bness which marks
the course of the!spring trade.
The demand for Western products for the Alabama Georgia.
Florida and Texas markets. that previous season.
all the immense receipts of produce do not add TO the
general wealth and prosperity of CITY, shall be greatly
deceived In our views. ... --,. 5.,s4t w.
Good paper Is becoming Some negotiations going
to-day for moderate amounts Of Al at per cent. small
of long dated fair was taken 9 Some the paper
offering was sold % days since at to " cent above
the present rates. and Of course proves good paying business
We have not heard that there is any doubt in the sovency Of
paper but paper ske merchandise sold bought when
there is any thing to be made by the operation. ] l
There lave been in the stock market yeste
day and to-day yesterday % shares Citizens Bank at
1879 40 shares State 1869 100 shares Of Mechanics and
Traders in parcels, onP. T. To-day the sales 63
shares Bank Of Louisiana 50 shares Citizens Bank
1929 $50 shares Of Canal Bank ll9 few shares Bank of
New Orleans, at 1O2 Canal advanced to 800 At late
hour.
There variation in the general tenor Of the exchange
market from yesterday, far apply Sight New
York sold at X and ~ the former the Bank rate outside
the sales q and with strong disposition the part
of buyers refrain from purchasing unless at decline There
much doing in time bills and the tendency was in
favor of buyers. Sixty days sight ruled from Is ~ for the
top of the Market and ~ and 70 and "a for good to fair
Commercial Bills On Boston there small sales
n to2 Philadelphia ~ to 20 on Baltimore ~ to ~
discount
There rather sterling offering. The highest
first bills 81 and So We quote from to 81 and
81 for fair good and AL There larger offerings Of
Bills of Iadng drafts and drafts drawn expressly produce
purchases large amounts in Of treaty at
and ~ inside figures there sales
Francs plener and good bills can be purchased at
though held at 52l1 quotations. 5264 to 52l4
will cover the movements of the day.
The great Nicaragua stroke occupy Of
Wall questions Of noncompliance with contracts made
for purchasing its stock deliverable once among op
atos in that great pandemonium of finance It is generally
credited that eseizure would be made sometime before
actually contaminated. The stock declined from twenty
dollars per share down thirteen and has since rallied trie
Wall street is great place.
We learn the exhausted State Treasurer Rouge
likely relieved by borrowing from the
Bank the amount required $4,000 100000 be returned
December of this years taxes to be collected This
will very WE'LL but does the odun Of anticipating
e of the State We question very much if we hear
the report of committee Of the Legislature any doubt
expressed about the legality of the branch Camp We
glad that this be raised without
issuing of bonds But should not be surprised If similar
course will have to be gone through
Dates to-day from New York to the 18th instant adj
vices Of that date say:
The transactions in Foreign Exchange to-day limited.
Bankers asking high rates while Importers under the
il that the n ra Ns ass cert m 6 bus
pect larger supply Of bills and consequently decline in the
The of PrO19s e
little inclination 10 buy ut the ruling low
The weekly statement of the Bankso New York City created
surprise the great loss in gold s2500 being twice
the amount anticipated. The banks this reduction will
have to curta The following the compare
| tive condition on the 9Th and 18th inst
Loans %s5sa s1s aSss 4 Increase
S:ss;i: sSzs rs B:s:s::s
|