New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-04-23
THE COMMERCIAL DEPARTMENT.
Wth Oxls4lys Nlontv SBlukst.
CRESCENT OFFICE, No7O Camp street,
- IunnIa,t Eue1int, A mil u 1SEG

CRESCENT OFFICE, No 10 Camp street..
Tuesday Evening, April ~ 1856 ,
the general money market to-day quietness and inactivity
seemed rule paramount yesterday and to-day there were
negotiations long dated paper by party to the extent OF
for Aat per cent, with refusal on the part OF some
holders accept that rate bnt offering to take ih
is coming into direct competition with the BANKS WHO
charge per cent for four months AT the same time long
aed second and third grade securities tending favor oil
buyers because there public securities Which offer better
prospects for profit.
The for proposals 10 be received for the new loan oil the
city s46GO0 expires on Thursday the 24h instant at L
o'clock at noon instead Of the 2 was originally stated III
the advertisement.
There was but little done in Stocks to-day We only heard of
sale Of Citizens Bank at 54 few shares OF
Railroad Ia and 20 shares stock Of the Bank
of New Orleans at 1922 Some small negotiations were gong Oh
in City Bonds, which have advanced to 50 to 80.
The Exchange market in to-day came to stang
STILL The inquiry demand at The Banks was feebe though
the rates firm at per cent for checks on New YORK.
Sixty days without change and sight drafts were puf
chased by the Banks par and fifteen to thirty days sight at
q X per cent discount There but little done in ster
ling Rates have advanced to those figures that no prospect
offers for profit in fact rates "a cent higher than IN
NewYok We quote first class clear Sterling at 81 TO ~ DIS
with shipping documents at s to ST. with very small sums
Offering Where and how is all the Exchange absorbed
Quien sabe? sg'l.-r alos L. ID, .s55S&
The table which present below Of the value of imports for
the ending the ls March, for the past six years.
important increase in the imports of dntiabe metchandc
lust and than in previous years The
nearest approach in the 1854 following the great exports
of cotton and the of large imporatons Of railroad IRON
The great Of specie imported last year. we do not con-
slider having any relative bearing the question of increase
decrease Of business of city because of
million dollars received here from Mexico to be ex
pressly invested In Sterling Exchange. T.
Coffee forms the chief ingredient of articles free Of duty
the imporaos of which for the last quarter fol-
lows:
January 1856 40 pounds valued 80
February, s992 2ls pounds, valued at Sig 919
March, .8J6 pounds, valued at ,O48
1822a,44 l72l, $50
Value of Imports Of Merchandise, through the Custom House
of New Orleans the quarters of the last yearssay,
1851, 1852 1853, 1884, 1855 and 1856.
For the quarter ending March 81 1856. ~
Dutiable. Free. Bullion and Total.
sf ;S s$ s sS
s'''''s' l 555}:s!5 ''a''' ''aa' '''
Total of Merchandise. 80. ATLAS
For the quarter ending March 81, 1855,
Dutiable. Free. Bullion and - Total.
;;:;;E ; ;E5 E;i; 5 'E;Eii
&, l,7s7,9H sl,85sa2 lu9so52 4,45l,s4
| For the quarter ending Slst March, 1854.
Dutiable. Free. Bullion and Total
Merchandise. .2,slo,uo 1865 57.sso 276fs6
For the quarter ending March, 1853.
| Merchandise. .26l099O 1,AT7l0 1890 4204 ,96
| For the quarter ending March, 1852.
| Merchandise. i 956,903 s19,707 S0G77 2S97,29
| For the quarter ending March, 1881.
Merchandise. .2O56,9.3 l4T2226 lo3l56 363232
The Legislature Of Virginia its session. went deep
into paper making late Richmond Wing gives its view
Of the financial condition Of the State With old State Deb
of S2 900 already incurred, think it is in fair
being well taxed We have yet TO learn the difference witt
paper money democracy and specie democracy Here is
evidence the Willingness Of all parties go into debt when
| occasion offers. ~
We published few days since the bill which passed
the Legislature authorizing the issue Of about two and hal
understanding the provisions of this bill Ii is not stated po
the of the act that the designed
we suppose noeter MAJ az hnc IS me pnfpoSe Inc amount
satedand not advised what the amounts will probabl
be- They are to bear six cent Interest," originally pre-
posed per cent the lure held those who like
realize something than legal interest In the amende
FORM appreciate the advantages which this shape
State credit Will have over coupon bonds The tact OF me
being used for the only advantage that we can
But how far this advantage sill extend it difficult
foeSee For each man 10 make calculation OF the ntere
accrued during the time he holds note will amount TO as c
trouble it will be worth. s
The first amount to be issued 81 800 to be redeemed OF
be redeemed ALL The $500 600 and the Ia
that this provision will than counerbaance any benef
to be derived from the notes and operate serious
against their being borrowed But ii novel sort OF
nlent, and we await the result.
If we do not mistake this is the only provision made by Il
sury-amounng we think to about 81 600 9o0-between II
time and October On the lst of July about 81 will
taxes year will not available those obl
tons and resource is left but these Treasury notes.
sagacioas Of democraey quite near the brink Of
ruptcy epudaton With debt of thirty millions, wi
the people will begin to think that there is something of mo
moment their wel-being than the distribution Of Ollie
among hungry politicians