New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-02-13
THE COMMERCIAL DEPARTMENT.
yleu 0rlealls NEoueg Darket,
CRESCENT OFFICE, No. 70 Camp street, !

Tuesday Evening" Feb. IL, 1856 )
Although general improvement in trade, such
dry goods groceries, hardware and collateral branches lenders
Of money are complaining Of dullness and inactivity.
On closely scanning the advices per Arabia Persia
gardg cotton is plainly observable that the good feeling
existing regarding the article arises from the general
change opinion regard the extent Of the crop any
anticipated enhancement. It's value from increased consumption
which may arise from the cessation of hostilies.
The calls the Banks to-day rather heavier than for
days past The street demand for was however,
light In the attitude Of affairs financial commercial
and agricultural do not perceive where great demand for
Is to FROM what branch of trade Is likely
short In conversation with several crTatos Of sugar.
learn that Notwithstanding the crop of 1856 unusually limited
for the quantity Of ground planted yet that in the the
advance in the price of and moasse over last
will go far towards compromising Observation-Disclosures eqaiva
lent to 1854 That H. many planters will receive moreany
quite as much, and only very few will be deficit.
The Exchange Market continues under upward tendency
The banks and all rstcass private bankers q for
checks New York Private bankers also sold their sixty
day bills at IL discount On the street sight stiff at q
70 sixty days TO and low grades at "a yet this last class
will bring the in NewYok when wanted Foreign bills
without change. Good clear Sterling taken by the Banks
which buying at TX outside rates rule within quota
tons Very few bills hiding drafts oferng-hey will command
G to- In Francs there is doing Prime drafts Paris
direct held inside Of 525 We quote this
evening: 1,.gy
Ssiy $sys ON 1s ssss s'ssE Ellis
sxty days on on France p5oduce, T
Sixty days Network produce bills 2g2 and p cent dis
thirty days sight on New York, produce bills DIS
zsa ss OK sE9! York 81
Checks New York, bank p cent. dis
Some drawers Of Sterling for direct remittance hold at l06
and under the sfenng aspect Of the New York MARKET
further advance be expected However, sometimes that
market influence this, other times does
There were in Stocks to-day, being sales
of 100 shares Bank of New Orleans 49, and 90 shares Union
Bank lOla Canal firm ITO, and State at 29 and 100
Citizens 49, Money abundant for any decline
G25 per cent. per at its regular dividends.
The mail to-day brought nothing from New York of mpor
lance The Araba advice caused Juror for moment We
have further items from England The decline in bread
us the Of advance in Sterling Exchange New
York. which has up per for bankers drafts
The Bank of Enlands return for the ending 18th Of
January shows further loss of specie amounting to fl9 9S
sterin the positive that date a5 The
Bank however has buying government securities its
private securities have greatly diminished as is seen by the fol
| lowing report IN,
The from the Bank of England the week ending
with the previous week ~
p p,ssi dspsss e sss
Rest 3,sao,67s. Increase. $3.50
On the other side of the o... 80
Government securities. .el3 4s 1872 Increase 90
s Soes unemployed ssane
rns or ss & ses 81 Rns
SO 6 sGl showing decrease of when compared
Gold being shipped Paris, London considerable
The demand for money active She London
Market and rates of discount high, though not higher
From Messrs. White Elders Monthly Circular take
following Of the Baltimore Coffee Market-wheher
coffee is destined advance remains There
been received since the 9th ult at this port orlean fifty
five thousand and thry-si bags of Rio coffee.
The present month has been of dullne and nac
vy the unusual severity Of the weather
the total suspension of navigation this There dis
s sellers been soes
effect operations dsadvanageou terms and considerable
decline the rates in December The
herewith reported have mostly ranspired since the 10Th
and have been with few exceptions Of speculative character
The principal importing houses and large holders have
uniformly firm throughout in withdrawing from the Market
though the stock is ample for the the quantity
at time has not been excessive Operators in
appear confident of speedy action and predict early
recovery of all the late decline price Within past week
note symptoms Of improvement occasioned by the late favor
able advces from o and doubt the demand February
will absorb entire stock full fair We quote Rio
II to u for medium PRIME in lots. java l4s l5$
| u m