New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-09-10
THE COMMERCIAL DEPARTMENT.
Mep OrLEans M[oneg MEarket.
CRESCENT OFFICE, No. 70 Camp street,
frs,nuylap n tta t,{,tr Gaotay,ahnr IQEGs

Tuesday Evening, September 9, 1856
The weather still continues, which leads to higher es
Of the cotton There Is indication of ono Of
those dry spells which have occurred frequently in auunnal
months during the last forty should pass Mt this time
undoubtedly shall have heavy receipts Of cotton next month";
and early resumption of business in all departments of trade
While northern papers particularly New York. to us at
this time filed with accounts Of yellow fever in the vicinity of
New York. city and neghbahood far and il
empt from diseases every kind That sporadic Of fever
of high grade have occurred here and there admitted but
New Orleans has enjoyed higher degree Of health during the
of 1856 than other city this Continent not even
excepting Boston, people that locality carried off by
consumption about fastas by fever in Louisiana Then the
present sanitary condition of city will be the Of bust
ness opening carly next month.
There change In the general tenor of the Money mar
ke to-day Money outside of Bank continues to be freely
piled four to six months paper Of good Al make at per CT
Longer date 71S cent with only moderate amounts Offer
ing, The most important operation is the placing of paper
maturing in April next the rate of per cent Private letters
from Philadelphia inform that Al In that market was
offering at l0s cent per Paper of corresponding
character in this city be placed at GOT cent The fact
is the people, including many of the commercial class in New
York and Philadelphia, have been living too exayagany
We do not did, and will be hard to make us believe
that regular commercial pursuits will justify the expendi-
re by merchants of from fifty thousand to hundred and
fifty thousand dollars for dwelling houses perhaps they might
with propriety be called palaces These great palaces
the memory Of the great marble banking house Of
the Josephs which fell down night about the 4I Of
credit soity and character Of New Orleans there
those pahtal residences within its confines and leading
merchants do not subss show pageantry pop and nsol
This the eason-these the that the pressure and
fluctuations which every few months in Northern Cities
in and trade have influence in locality So long
adhere economy ndnstryso long Banks
conducted with regard to the public welfare under the provi
son Of the wholesome and eested Bank laws Of State
SO long shall forward surely and goriously the
highes. niche of greatness.
There nothing of moment done in Stocks to-day The
only sale was forty shares of Union Bank on PIT.
The Exchange market continues under heavy feelings The
Bnnks have reduced their for checks New York
the counter to Il premium which is the with pri-
ae bankers Five days sight sold outside at II discount
Sixty days sight at discount The being from 1@5s
discount for good to fair bills Very little Offering but in anti
cpation of increased in produce buyers holding
back for lower rates. Very doing in Foregnfair good
Sterling clear bills rules from 81 94s The chief transact
tons tley small however from 99. The Banks
which drawing ask fraction We have heard
bill of lading draft for days. neither cotton grain
Francs though not offering freely, heavy 1905
Paris direct On other ponS Havre bordeaux, will be
difficult to realize better than s 2335l695.2N.
The following is statement of the business of the United
States Mint Philadelphia, for the month of August