New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-19
THE COMMERCIAL DEPARTMENT 7.
Nem @rIfans Dontv Barket.
CRESCENT OFFICE, No. 10 Camp street, I
Saturday Evening, May II, 1866.

CsEsezsr OFFICE, No 70 Camp street, /
Saturday Evening, May II, 1866. 5
not to DO expected this advanced OF the year.
We can more than reiterae have from day day
marked for the week closing Business In all local
branches rapidly assuming summer standard the city retail
trade particularly exhibits decline Wholesale dealers
dry goods groceries, hardware and other branches making
saes-more than they did last year this time and
generally speaking they have from all appearances money
this
The general inclination evnced to sell real estate s not
tanned by the prices asked for improved productive property;
though bargains be had there nothing warrant
the expectation that sacrifices are to be made Those
who DESTROYS Investing will find something worthy OF note
by watching the market.
The weekly Bank Statement up this morning shows con-
siderable variation for the week. perhaps than is
usual or expected at this Of the year Exchange
balances are heavy for the season being s7o against
s9062 for the time last year. The following are the
variations:
Decrease In Circulation. l5g ShJ
Decrease In Short Loans : "a IA
Increase in Distant Balances 81 Isl
Decrease in Long Short Loans for The week
The most important feature of the week is the Of
the Canal Bank 1t will be perceived shows considerable
balance above the requirements of the law possibly the
gers snuff the breeze aar off, and preparing shows the
line Of short paper is largely reduced yet learn that the
Bank discounts VII good paper offered,
The decrease in specie this week in the aggregate is real
Bank falling off Of S35O672.
We have change in the general feature Of the money
market to-day small of paper negotiated within
the standard rates of the week The calls the Banks
not leavy they light There has been demand
for specie this week for MOBILIZE having gone there and
it the of year for many traders to take
their departure they draw their balances in con and lug it
along like so much bulky merchandise.
Exchange to-day in better request the dividend
The Banks generally reduced their x premium
checks New York. and of 1000 could have OBJ
tanned from of them at perhaps fraction less 1t is
for webeve all the Exchange that be made will be
oHhe streets heard of sales BIG No change in 60
days gh-ll4 to II New York. and X ~ Boston,
with some fair grade bills on New York as low as ".
Sterling taken at 9s for AL and % ~ for good bills
Francs without change though parang of the downward
dency. We quote 5.ls SIS with bankers holding
tdirect at 5.13s4 to l21z
There considerable animation to-day the sales ef real
esate among the sales note the lot feet
Magazine street. by hundred and twenty Melce
street. ut $1,000 Two twosory brick houses with lots thirty
by one hundred and twenty feet Robin street.
tween Magazine and Constance, at 600 each The build
ngs about ten twelve years old and $500 per
The two-story dwelling house and ground hundred
and twenty seven feet forming the of Camp
Robin street, being the residence Of Judge Slide sold
Sl3ems, onequaer cash, the balance in twelve eigh-
teen and twenty months There proof in prices
that New Orleans is retrograding far from it, these
kabygood prices Several vacant lots also Sold bringing
good prices which have space this
Condition Of tie Bands o. this city for ,rtek ending Saturday
Auy II. 1856.