New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-02-28
THE COMMERCIAL DEPARTMENT.
SNfW 0tItans Stloueg g(arket.
CRESCENT orEIoE, No 70 Camp Street, I

EWednesday Evening, Feb q s
There marked change III The general feature of the
Money market to-day Fluctuations however OCCUR from day
to day the Of offerings with the banhs demon
atcd today by calls beyond ereccp The LIST and 4 of
March, which generally heavy day Of payments,
approaching, and the prudent arc preparing
On change in the position of affairs.
Al cotton paper readily taken for long da
This kind Of paper appears have eca all others
equally free Of sale the very best Of mortgage securities
Of other grade Of paper of both long and short time the fac
Of negotiating free ard difference Of a 10 per
is maintained Some eight and nine months factors
has been placed at and 81 while inrnscally good
but not having the prestige Of fame placed at higher
to ~ There is trouble iii placing Paper having any
pretensions TO sod at reasonable buyers who
purchased sixty and ninety days at to o. selling the
paper 81 o9gninng in interest and declining in Of in
tcrest. AZ W
The Stock market stie. to-day
shares Canal Bank ia Of orleans
Mt 1909 State Bank held at 1872 to l32a Citizens has also
upward feengwe don't know how higlit is going
shares of ST. Charles Hotel stock sold yesterday and rcod
to-day at l31s-an advance. ~
The Exchange market rather quiet to-day. There
larger offerings of domestic without any decline having been
ceded Sight drafts New York ranged from x stlie in
side figures the bank rate the Sixty days bane
taken at M to ~ other kinds ut ~ % dis Higher
rates asked for clear sern though have ntc
ence from New York usliryig The sold
and drawers holding for higher rates. There
but few drawers of Francs and the very firm er
ling with bills lading attached command quotations readily
particularly for fayoc signatures Wequote the following
s $sys g" s x sShF Bill s Pfs
$x!y jas on New e or s'i bantsis Bills e. d
Ty az ss q si N xs* 9si ssaiHs s #
Ten days isight New York produce bills. 6 is.
S cssk 81 and fS Sa kerr bills On New ds
COMPARATIVE Rates YEARS PAST.
:;::: 50; 4: +: { &; & 50
Oh s ss;s cit: #:
Between last year at this time and the present,
served there is only rlins variation The banks however, hold
s3l, $50 against 81 0I. $40 the year
there large basis for exchange yet appear market
there probability for any further advance for the present
We received dates to-day from New York Of the GOTH Money
was becoming easy. The Post says:
The bank loals fast running up hundred millions
IF 5 re- !s o hsy a g @ ah
rl7 Of February 1855 while the specie Sl6oo00 less
hsn Money becoming Quite drug on the lnaEe and It i
itcnlt to place loans Many banks
banks cdiscount very eagerly taken The rate
arc n2s Per M for iS to Ee days first class
| eruliDg rates.
fMessrs. Canman Co.. in their circular for Europe unle
1 date of 9he 10Th inst say:
Since report inst stock market has beer
very active, The prices for nearly ali descriptions Of seeri
ties aye had upward tendency. In
e favorable state Of the market attributable
The most prominent is tic confirmation Of the hopes of earl
and further strengthened W those per Canada which reacle
s area i"sS Fl n nat f ai1.Gn e
hopes has received additional stimulus
Fes II ss y?9i e.
COIN on account Of tie Texas de1-the greater part Of which
the specie reserve Of The banks viii ii expected il, connec
ion % y" Gsa pT0ner q the COUNT
activity in business with higher prices for stocks generally