New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-05
THE COMMERCIAL DEPARTMENT.
Aem G)rIfaltsi sMlqneu ;atlathet.
cKEscESr OFFICE, No. 70 Camp = /, street +

GREs Z
* @tl 9at d. Saturday Evening, May 5, 1856 |.
The annual decline in business is now perceptible in ali
branches Of trade excepting that in Wesera produce The dry
goods groceries, and other branches show marked
falling dealers generally begin to feel the eec's OF me
advance Stocks Of are reduced to
nearly the summer standard il requisite they cond be early
replened We not hinkake tie eneraIl trade Of
our city past twenty yearshat more lucrative bust
ness has been than during she closing The
good prices have enabled hs country we'll
and though complaints have been made from sections Of
the sugar region great deficiency in quantity of growth yet
the obtained for both and moasse have
than up for the soress Of product consequently
the country is comparatively rich and in the best con-
We and then complaints Of the seasons pros
poets regarding the plant but too early fo anything
reliable that head though planters have turned their
gou which has for past been devoted to into
cotton going back what the ground was formerly
Piled TO- Late rains have however placed another aspect one
condition Of the country generally From all sections we hear
of the favorable changes and though the liable 70
many vcBsudes and changes between and the gathering
of yield yet everything appeainng them particularly
cotton looks euspeons md all that be raised will be
wanted and all will go well commercial financial and agrcnl
provided the Central America question with England is
auicGbly arranged. SsG e t-s7.# Z = -is5@' n
The Money market has undergone change during the
weehe lateness of the is beginning be felt 1.-THE
daily decreasing negotiations in paper Though the offerings in
Bank continue well their daily there is gradual
decline the desires and requirements of the community
Many winter dealers winding and often make sacrifices
which residents regular merchants
PEELED to do and this Is the aud then Of some good
paper being sold below the market either for cash
change and which profitable and advantageous buyers
and capitalists There change in rates Of interest.
The Bank statement this morning is good though it
shows increase in specie it for there actual
decline Gold has been called for during the week to go 70 Mo-
bile and for Custom House ntes and thousands Of silver
coin has into the interior The increase in deposits is
good The decrease distant balances equal
decrease in exchange The foongs Of the week show
Apparent increase in Specie of: slo6 zig
Increase il Circulation 1 ~
Increase Increase Y p snrt s 5 IS
Decrease in Exchange 29a l x:
Whilst The actual increase Of long and short loans for
the week s 55, lot
The in Stocks to-day comprise the sale of q share
Louisiana State Bank terms not known There a
transfers Of 50 shares stock Union Bank at los and 3
shares Of the original stock no. Some operations mad
in Canal Bank small amount of Louisiana State at six
. cent sold in New York Saturday last at 90.
The Directors the ST. Charles Hotel Company have decline
dividend Of the capital Stock 81 50 share
which will be paid the 10Th inst The stock has been great
Depressed for time There has been cause thor
any why should be par socka least. There
great Of another Hotel Of similar character.
propos would form another association and erect
good location in the First District above Poydas street.
= would be great acquisition to all interests.
Of There good demand for Northern funds to-day Tho
which have been willing sellers for the three
per premium put their rates to H. Outside the sal
we're from par r. Time bills did not partake Of the ii
proved inquiry though the Banks and parties outside
buying sixty days sight IA discount The asking
4 Of bankers to cent discount and good to fair col
Y from ~ to IL discount. Sight on Boston
Factory 20 day bills 1S to IN discount foreign bills we
m quiet. small Of AL Sterling taken for
IS mtRnce az, and for Investment at ID to 81.
Banks hold at 10 cent Bills Of ading drafts though
freely taken at low rates. SO to So and
Ill cent without change and only taken for eittar
travelling expenses the of the for going
France has arrived Bankers and Al bills are held at
5.l3% The range being from 51Ss4 to $50 Anoccaso
produce or slips bill goes at 5.21H. h.. ~
Condition Of Banks Of this city the ieeek ending Saturd
- - lfay 8, 1856. III r