New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-08-08
THE COMMERCIAL DEPARTMENT.
iAlu 0KLsalls alenev A(arhst.


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CREscEyr OFFICE, No 10 Camp street,
y@ci Thursday Evening, August 7, 1865
There transactions to-day paper maturing In December
and January the extent Of S2 Co., the rate Of
Some longer paeedats The of capital
unemployed appears be free and Of
The calls the Banks moderate There several
rivals Of steamboats, to-day bringing full loads Of produce
which TO keep fair show Of business the steamboat
landing Western dealers send all their produce here with
the certainty Of its being sold at the highest prices for cash. and
cash only and it is necessary for to define what constitute
cash in this Market have only TO say that gold and silver
coposes its most prominent parts Fourand six months credit
with charge Of per cent guarantee with long string
of interest charges of freight insurance. etc. never grace
Of sales emanatng from regular and established
commissioned house New Orleans Fore general nforma
ton Of the Western country. we have to state that all business
conded to this city at this Of the year is strictly at
tended to and conducted in the favored season Of the year
Though many merchants temporarily absent yet they have
left their business under charge of Junior partners and capable
and trustworthy representatives. SO those remarks which
frequently made and used for sinister purposes that there
no body in New Oreans, are bascess and unfounded.
The Exchange market stiff to-day The Banks ask
Ing and selling at the advanced rate noted last eVeng-say
premium for checks New York. though Bank continued
to sell at 18th to meet the views Of its customers yet would
not sell round that figure There is good demand for
sixty days sight New York to IL dscoun private
bankers The only drawers time this moment though
some produce bills of preparation they will all be
taken at ID IL discount. There prospect of early
increase in the material for Exchange operations and those
operating open credits have the game for thirty days least
in their hands In foreign bills there have been sales of
Sterling 81 for clear bills though for remittance drawers Of
character still hold at 9sS high 10 per
cent premium. Bills Of adng drafts taken to-day O.
French Exchanged dull Some small taken
52 which leaves the range of quotations from 5l6
$40.
In Stocks did not learn Of any sales There
in Bank of New Orleans yesterday, though the promptly
fulfilled his contract. The Bull thinks he will have good ope
ration Some small amounts of State bonds sold net
equal 95z Ali stocks m and bonds of the State,
city, railroad and ALL
The feature in stocks of railways at this mo-
ment the stock Of the Teuantepec road Accomplish The
opening OF the plank road now in progress and shall have
important questions of interest to city to investigate. In the
meantime those DESTROYS of fuherng and pushing this work.
and subscribing to tile Stock have opportunity ut this time
by calling the Board of Directors located in this citywere
abouts cannot say this moment being posted up
garding its location.
The mail to-day, from New York, brings dates as late
Money continued easy in New York We have Geographic
vices Of the 5h and 9th ns giving quotations. among which
is decline in land of cents per acre.
with large number on the market Though the lands subject
to entry will absorb good many warrants yet there telling
when the Land Offices will be opened number of
premnares has to be gone through before the
issued be available other than through the hands of buyers
traders, and capitalists who always prepared to relieve
holders at some price another.
While we have from time TO time contended that the
showing and certain increase prepared
learn that the cash duties imports through Custcn House
for the last month July exceeded month of July 1856
twenty-five per The following is the of cash duties
received for The months Of
July 1856 s174 24s
July 1853. sO597
The mportaons for the last month largely
any month OF the last year, being
In American essels he value of OH
In Foreign vessels Without discrimination " 15st
Total ,555 2a4
This large increase year Or any previous
year The amount being in july 1854 sl97 in July 1885,
S40 The value of free goods is yet fully made up
when is will give it TO the public.
Though in parts of the West money is said very
scarce-say in Wisconsin, Iowa and lnosit appears be
very easy of access in ST. Louis, Louisville and Cincinnati
There is something wrong in the general finances grain
growing States if after the very high prices which
received for the several products that money should
from Is to IS cent per anlun and difficult
rates.
From Cincinnati, of the Both u, we have the following:
There is but little to notice in the condition of money
market at this season Of the year The same unyarng dizziness
present aspect OF matters about well anything
say Business of all kinds continues insc,ive the
ce and haye no cange to make in our puOn F
eas paper can BE- readily discounted at from to 10 CENT
ference given to irst:class names
Eastern fhchage mas been steady all through the week at u
The supply has been fully equal the demand and occasionally
check could be bought fraction under the The general
tone OF the market however has been pretty m bankers pay
ing from u to q, according TO circumstances.
Southern Exchange has been demand consequence Of
there being very little Of it here the business been light at
at from u discount to x premum-the latter checks
Gold has been quiet; there has been but little demand the
MARKET and we quote it dull at Il to u per cent.
The London Shipping and Mercantile Gazette Of the evening
Of the 18th ut., received by the Araba, says:
The fact of the Bank directors having yesterday lowered
the rate OF interest to approximation 10 the
money out Of doors must he taken conclusive proof the real
character OF the pressure the stock of bullion At
moment money S SO abundant out Of doors that good
discount houses appear be n OF money and wanting bills to
keep their supply in employment.
There are to-day arrivals Of gold repoe Thomas
and Ann Cole from Melbourne, with 1000 ounces value
Sooo and the Tyne, from the West Indies and the Pacific
brings about S2s 1879 l 0456S These receipts with
Already reported up to y yesterday make the total imports far
about one third of this large will remain in this country
the greater portion being to France.