New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-08-20
THE COMMERCIAL DEPARTMENT.
qelv 0rIralls g5Tpuey AlarAtt.
CREscErr orrroE. No 70 Camp street,
Tuesdny Evening, August 19, IL

CREscErT OFFICE, No70 Camp street, - |
Tuesday Evening, August ~, ls5oS
To-day has been about dull any of the season. There
were negotiations paper in March next to the ex
tent of at per cent The kind Of paper rather
corresponding make could not be pacedin New York at this
time better than II per cent. 4t 5f.44
On tlc general hcrougre and the steamboat landing It has
been very quiet Inactive The low stnge OF the rivers
above begin to show the nonarval OF steamboats,
Even that great deusion the United States daily mail from
Cairo has not arrived This however, is no TO
the commercial community dependence has ever been
paeed It, The Coast and Mississippi packets continue 10
make their regular trips The late storm has however, reard
weeks and there will be but small parces re-
during balance Of the month The accounts OF the
injuries received cotton from storm extending over
ageaer section Of country than were anticipated Inc parishes
Of Madison Concorda and Ouaca have been severely
tested greatly injured From Rapdes, we learn that tue
caterpillar committing great ravage On the Mississippi sde
Of the accounts though bad not so gloomy as rsl
adsices Indicated nevertheless the entire crop will be very
back ward and altogether are far from SUSTAINING
the belief that even average crop will be gathered.
movements in the Stock Market to-day com
prsing 100 shares of Bank OF Louisiana 81 soo ~
shares Bank, T. and 40 shares Of Bank OF New
Orleans 103 The Bank Of Louisiana stock was taken LOT
permanent Investment by of Insurance Companies
this Is evidence that these companies arc strong ana
toIleet all emergencies
There was but little doing in exchange The at Of
the banks "a prem checks New York. with others
selling and asking H. There were two large purchases Oh
checks yesterday at Il rrem but they could not be ineae oS
|
taken by one Of the banks Outside of bank there drawers
at an n pren sums and close rates to-day as
| follows:
On London clear bills 91495gg prem
Sixty days Paris, direct. l51(a.5 ~
Sixty days On Ney York ::i,. :a:::: 10 ls dis dis
sy s aa e 1e s1 ok Yss S Yo
On Boston Northern cities nothing doing. There
was Mexican dollars to-day at 0} The usual buyers
are market, incng to buy at this rate ~ &C
New
vance in Exchange here tends TO sustain rates
Warrants fat and prices tending downwards with large
| issues coming forward. &
The statement of the New York City Banks their
the week ending August 9th shows increase OF
$50 ZIG circulation decrease Of S2f in loans, ST.
$50 specie, and slG2697 in deposits We annex the
average with comparison including the previous week
and the corresponding week Of last year
Fl EEs & :ES;; s $;;H
Same time last year
Aug H. 49, 1o0774209 l5oso6G9 7,714,4o1 go
The shows contraction of nearly millior
of dollars on the part majority of the banks but the Bank
Commerce, having increased its capital has added S6300
its loans which nearly balances the general contraction
The following extract from the correspondence Of t
National nellence The writer alludes TO revlslons ant
crashes coming ronnd about eleven years Iney nav
a,pired often than that in this country, dating from til
year the in 1872 They average about one in ever
years had them in that in 1873 in 1926
in 1872 and in ls with occasional minor ones; SO til
average about years 1t is unnecessary Tor
l. to express our views at this time there any store
SO far as good city concerned for 1867 1885, But
duced productions both sugar and cotton will undoubtedl
demand for capital for the next
The Bank S ngan a the agfn The IN
in the privileges and the annual
ID waite banks places of for the merchants of Lo
and the s MGw h Up s ps a
in London very generally h the
n bic discussion this city by the Thu
rs %S ae e es at s to Gn
ne net understood arc contracts are held in Lo
oDy YET t par sds eSeeued Believed
gd M f e sapp 5s for ss one Ss he Tn
r. States etc. will be bought for this Large suppl
a a. sSs5 1n% "5H Esy Taa e During
sa # y f i ans avs nrsss If ~
o1@FH he correspond sif year IF s5 Tie
m x SSon viii the demand for
u. will receive 50 great impulse that it ought
watched with anxiety BY al who regard the permanent elta
was Witnessed in 1926 1886, ls and which in this
he yeas According this calculation commercial crisis
o We sa h h Seon at s fsls
number f Sc % asry 5 G the ! oa % s
s ssTs ga s6ai
l1sr o,al ssPia d s ssv IND Of e.
s %he IS
and banks n and Tier fore n no
ALL law of limited liability has been assaied the ground thai
Of would stimulus TO the widest speculation it has thus
led only moderate and for the part useful proje
which may III their degree the beautiful purpose of find
employment energies within the limits Of our sho
the We find the best informed both the Royal EXcha
Stock Market regard the of
rursusin England being sularIy citinl
healthy and augre the calculating Vaccinations of
Times the crisis due tby pecedcnD in 1855 will
Il appearance Of the comet past due be deferred sine
for In tic railway rapidly increasing.
conveyed during 1855 is announced
ns in The
If rcints to 1855
9i5 in 1851 The fare mile for all classe
does not exceed and oneour OF
a rla h.nser of Jonfon held n1eetnr discuss
| ofiu
do
ble onlr oa
Mh undesirable.