New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-01
THE COMMERCIAL DEPARTMENT.
Me@ 0rLsans M[oueu Mlarktt.
CRESCENT OFFICE, No. 70 Camp street,


Wednesday Evening, April 30, 1866 !
Thsmornne the exciting intelligence from Nicaragua attracted
the attention Of the pubc shortly after the telegraph Drought
intelligence of the arrival Of the Persia from Liverpool win one
weeks later intelligence which created considerable alk in
circles The received by telegraph are
conflicting SO that do not perceive that they nave
had the least effect market The decline in breadstus
expected may look for more depressing accounts
regarding them weeks to until the character Oh TINS
aeasons planting in Europe is fully developed but the
day for high prices rather such prices as have been ruling
for the months may be inferred as having passed.
There are large quantities Of Western produce daily arriving
which TO keep activity and business on the great
to Western produce Our western mer
chants appear In the best Of humor and we doubt that II
they ever stood higher in financial circles.
We only heard Of few negotiations in paper, not sufficiently
large give any tone the marke follows that we cannot
quote any changes Al paper placed at cent
good to from to 10 and IL cent? other names less
known to the world of buyers at IL per cent.
The Stock lis quiet with the exception Of some trans
actions going in Railroad Stocks do not hear OF sales
The market however, for all stockg presents downward ap
pearance and it doubtful the Of last sales to be
maintained sale comprising Bunk Of Louisiana, Citizens
Bank and State Bank take place tomorrow which will give
tone to the market We hear of anything going on in
bonds. The Commissioners of the Consolidated Debt were to
have convened to-day regarding the balance Of the city oan
Exchange had heavy appearance again to-day The Banks
willing sellers for large at Is premium For small
amounts the regular rate premium Private bankers
drew the terms without any large demand. Sixty
that and place the rate at cent discount For good
fair bills the demand only fair at to " and u and ~
discount and the extreme rates for sight be placed
from discount to u premium. Sterling continues in limited
supply and almost limited demand We quote good TO AL
bills from ~ az and 90 per cent premiu Nothing
of importance done in bills Of adng drafts which can be placed
at 81 per prem Francs taken daily in small
for remittance and travelling expenses and from
$40 to 15-a round Of AL would command 5.164.
French nation with the extraordinary commercial spir
manifested under the regime, about opening
for French industry with especial view to the cultiva
ton Following the Christian example of their dea
the channel they about Selling on the ricf
island of Madagascar under trumped up plea Of some g
Frenchmen being sold into slavery but with the true plea
expressed the leading Paris Journal that its soil is
ay adapted the raising of cotton the cultivation of which
is already carried to considerable extent " and,
labor low to eight cents day being considered
high wages" The island is large France and three time
as large Great Britain with population Of 0 Francs
always had longing for this of the Indian Ocean
having early 1912 attempted to make Of their colo
abandoned 1t account Of sickness and removal thu
island of Bourbon Since the peace 1876 they have ha
small colonies the East coast The genius Of III
present Emperor will doubtless complete the entire project
people the new domain in the Agiers an
| Cayenne were.
There will be Prince OF Madagascar long, BY the way
is one OF the remarkable things how Louis Napoleon ha
managed nse strong commercial spirit into the Frenc
mind When reflect that the railways of France
iected by British minds and constructed almost wholly
British capital it Is little curious such articles Ii
English journals contain concerning the Of French cap
tai lately put in London in the insurance ne being e
seriously the English companes-so much til
they say notwithstanding the present good feeling
allies must interfere risk stop M Frene
capital duties that English assurances have
There also the consolidation Of the omnibus lines ond
by French money and other projects of equal note All the
things unthought Of uncared for unwed for by Fenc
men previous to this present time.
BY the Arago which arrived at Havre from New York.
the mails which hand yesterday, have the foowi
| accounts from England
A number of London failures reported by the Arago
of them affecting in the slightest relation the business
this country. Mesrs. Seyer Walker Co., East India
chants are the most important liabilities 81 100000 TIL
liabilities of $500 600. Messrs Sanders HARRISON oil
i; chants also mentioned liabilities 100000.
The Austrian via England the nterestn
financial have had to record for many MONTHS The cl
per ship Red Jacket brought Liverpool
dust OF the value of s. 0l320 She left Melbourne the
of January when the annual gold statement for 1855 had
been made mp The increase Of product at the Victoria
ounces equal TO $50 OIL 560 against 2225 500 ounces @ IL
1854 The product of the last quarter of the
6 ounces against 40 99 ounces the corresponding quar-
of 1854 The report from Melbourne from which these gu
derived adds, that this year. 1856 will exceed
It doubted by one The increase last year 1854
gradual and uniformly progressive The boundaries of the
fields said be extending enterprise ably direct
will in all probability, defy the power of eStricae iii
treasures. The population of Australia in the beginning
"A 1855, was 27S, 000 The begins with population
Is 5000.