New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-06-04
THE COMMERCIAL DEPARTMENT.
SWeip OrIfurs Ntanfy Nlarkst.


CRESCENT OFFICE, No. 10 Camp street.
- Tuesday Evening, june 3, 1856. 5
general tone Of the Money market to-day decidedly
of the standard The offerings In one Of the Banks
rather heavy another about equal to its incomes the
movements In general indicating that several citizens
DESTROYS of closing their operations and depart for he hyper
regions disbrse their profits which, by good right
ought invested IN the South where they accumulated
however, gratifying observe that the fondness for yearly
travelling by old and anchest merchants and citizens
gradually diminishing and many
nsncy will be established the seashos Of the Gulf which
will many hundred Of thousands of dollars midst
spent with those who the enemies Of
South take money and laugh the
next for our generosity and liberslity
We nothing Of negotiation record this evening
thousand dollars Of paper being placed
at az per The Of Al continues per cent with
very limited sums Offering.
Stocks only learn Of the sale 70 New
Orleans old Stock on T. T. .r'
Exchange, though decided advance quoted,
drawers hme with Of the banks having good de-
mand for the Of the year checks for which they
readily obtain Private bankers also sold readily at that
rate and sixty days sight ~ discount Some frst-class
drawers having desire to draw, because they
TO advantage asking cent for GO days Good
to fair commercial bills rule from H. N and ~ per cent dis
though bills may be sold fraction lower they not
in sufficient amount to make standard Five days sight TO
Il discount; thirty days sight q to x discount.
There but little doing in Sterling prime bills of
ladng drafts the of thousand bales taken
81 The character Of the bill deemed good without the
there any clear bills offering for sale. Francs quiet and
transactions so fer knowledge extended.
The Directors the New Orleans Gas Light Company have
declared their dividend Of FIVE per cent payable
the resident and Northern Stockholders the LIST Of July The
dividend leaves considerable of surplus.
The money Circular of Mesrs Marie KuntE by the last
from New York for Europe gives the following views
of the Money market New York. being dated the 9th inst
Our last sdvices Of the 18th instant Since, the market
I'M @ a any n"
lm08t
sador which to have been resolved for
s in he m exesge have
wise better feeling, which has shown itself in velier
especially The latter is from to and the Market
Baltic, closes with considerable irmness
Louisiana iSH 1 Indiana Il we Cali
City AND COUNTY demand for foreign
shows tring increase still is of retail character
The remainder the Bacs letters through to-day To
keep up the link of events give the following postscript
from the house of Messrs Brown. shipley Co.. Liverpool
being dated Liverpool, May 49, received per Baltic.
The cotton marke. has been aaet since the date Of the
oJ bales Spectators and exporters taking $500 bales
snd at e
Indian Corn in moderate demand Of
request
eve received our regular dates to-day from New York The
Post of the 9th u, says:
abundance Of money and the healthy activity Of trade inspires
great and widespread confidence The bank statement the
foreign the active shipping demand for producecotton
gran-te foreign exchange the light ship
Of gold the increasing receipts of specie from the
rior all give confidence and dispose capitalists to ready
acceptance of all good securities basis for loans call
time at per
Some few their offerings equal to their means
generally but the banks complain Of light offerings Country
Philadelphia in large amounts and such is the abundance Of
exchange Boston, that be long before gold will
here from the city. The of discount heavy
per cent.-all dates of good endorsed bills.
Foreign exchange is in good supply Sterling IS offered freely
1922 1879 and Francs SIX 5S24, first class bills
The sales limited these To sell much the rates
must be lowered.
The steamer Asia tomorrow, will 100000 in
SPECIE of which $50 900 for Paris and $500 600 for London
The shippers Megsrs Belmont Pickesl and Robins the
| latter on Boston account.
We have also fuller details Of the Balcs avces from Lon
don. The Shipping and Mercantile Gazette of the 18th
The Money market is easier and tighter by fits and fol
whilst lent Stock Exchange yesterday
quarters per cent in other places worth only ~
for whilst certain houses do nothing under
others dseounng hrSt-clgs bills for ~
Capitalists preparing for the payment Of the deposit
their application for participation in the Loan This
| sarly acts on the market
Several large capitalists have proceeded Treasury
put questions the Chancellor Of the Excequer with
to the loan Until the result English Socl
market remains in quiet state. There is little business
| doing, and prices unalered.
From Liverpool have information Of the sale of q 0
bales of during the three business
was change of moment, though they inclined somewhat
favor Of the buyer doing
The better descriptions Of flour and held firmly
The weather favorable for the growing Beef
good inquiry and held for higher prices. There pork
market, Bacon active brought rates
changed. Tailow firm.