New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-01-30
THE COMMERCIAL DEPARTMENT.
y(eh Orleans Stloueg Nlarktt,
CRESCENT OFFICE, No. 70 Camp street,
Tuesday Evening. Jan, %. 1886


With no general marked change The position the financial
market we have that to-day has been decidedly dull in
Exchange and Paper. The weather Is undertaking which
courages ali who looking to the great West that early
removal Of the prohibition intercourse with that region will
take place There considerable activity the evce to-day
with the boats in the lower trade In the general city trade
fair business doing which, with Improvement in
oil departments Of wholesale trade, tends the
tony which plainly diycernbe last week. occaoned BY
the cold weather, the suspension Of mail facilities and the
performance of the telegraph wires daily.
There limited operations in Paper to-day Lenders
ence disposition to enhance their rates for certain grades of
Paper and though the Paper Market very poorly supplied
good secondgrade OF long dated cannot be placed within half
cent of last weeks rates. OF prime Al Paper might
well omit saying anything about it there Is but very little
Offering and that readily taken per There appears
to be larger supply OF paper which will come under
class between al and AZ, which is taken at to 10 per
Of other kinds there not sufficient offering to make quotation
this evening We learn the Citizens Bank has ordered further
amount of $4,000 in coin from New York this makes $780, 600
ordered this month by this institution There daily
sons to the coin in the several Banks from disbursements
through the mint and the payment Of government drafts IF,
however, the Bear garden Washington should not to
organization the financial circles Of government will have to
come to halt rs last years. appropriations about expended
The Exchange market presented to-day rather dull appear
ance There but little demand at the Banks and the bears
generally under the influence Of the modeang character
of the weather. creating the belief that heavy amounts of
duce will soon be at hand for an Increase Of the basis Of exchange
Operations. The the Banks for checks New York
q dis Private bankers asking n and in round
would accept of II dis sixty days they selling at 20
and ~ dis In Sterling there was hut little done clear bills ii
limited taken rates Of yesterday say GI
and TX though in direct remittance good drawers holding
at Ia which shows upward feeling. There negoa
tons Sterling, with shipping documents ut Ga which indi
Gates The market Closes however under de
preston for Northern funds with evident improved stiffness
oreg-Francs being held to-day at 535 to 527s, whic
covers both produce and bankers bills
We give below the annual report Of the condition Of the Bank
of Philadelphia; while they show only moderate circulation
they also have meet eighty cents the dollar in COIN
must however, taken into consideration that the general
rency of Philadelphia, like that of New York and Boston,
made up issues Of country Banks which count
The line of Deposits is about equal to that Of the Bank
of our own city, whilst the line Of Loans and Discounts is abor
ten per above Banks. This furnishes conclusive
dence that general trade and Of New Orleans
not of that declining character that croakers and aarms
sire to nculcate the minds Of the people.
Annual Statement Of tie leading items e Philadelphia Bdnh