New Orleans daily crescent., 1856-09-05
THE COMMERCIAL DEP ARTMENT.
gH 0rIsa1s IEOltsg SEarhst.
cREgonrr orElss, No, !; 70 Camp street,

4E <a@z TGarsday Essning, September 1, isbs.
The increase In the receipts produce for the past three days
hes impaired considerable activity the landings which, with
the sales of cotton Afforded than ordinary interest In
the general movements being is the OF
another year. Although sales Of cotton have been made yet
they have general position Of sra The sales
OF the crop elready made have been greatly above the
ideas of those who purchase for the English market @
The letters by the Niagara that to hand yesterday
though reading neither good bad Indifferent
the prices which have been paid consequently 1t will be some
time before buyers for England will enter the market
consequence Of the receipts Of and of saes
the exchange market has had dropping appearance for two
days. Sixty days sight New York has freely offered at
~ discount with quie limited demand for sight funds, which
though still held by most Of the Banks premium dull.
with sales at Il PREMIUM but not sufficient to make quo
ason continue Of Monday per cent prem,
with the priso that exchange dealers pay the rate In
Sterling there have been sales Of lO in three parcels at
"a There have also been sales Of second grade Of e and
OK and 9 forremiance. Francs are heavy 5226
Q5l5, with downward tendency. ElGb
Money continues abundant and the general impression is that
before November will be seeking investment at rates from ~
a cent Four months paper las been taken freely with
in two days at CENT and five and six months at per Cent?
longer date cent The receipts Of cotton with sales at
the present good prices will tend to place further sums the
Market and real plethora will exist for at least sixty days.
Insocks do not learn of transaction Holders evnce
disposition to sell unless higher rates than before quoted
This reasonable for what be done with money just this
moment *
Northern cities indicate high Of
interest So also from the grain States money be in
active demand at 2D36 per cent per hardly pos
sbe that any business this time Justify these high
append below usual weekly commercial circular from
Liverpool which tends to keep mp the record Of events Pri
letters intimate that such prices being paid for
cotton in this market will for the present.
The following received from New York yesterday. II
might be supposed from the extract that awful times
pecsed New York. but it only speculating movement
of stock jobbes give to show how little regard paid in
New York to the general welfare of the money market in fact
it is resi- bear and panic all deus
Thesteck market continues very unsettled condition. At
the first board the operations In the leading stocks
showing that the street confined the Board
Of Brokers' and that there Is outside absorption The
day md down fraction the next without any particular
but the BEARS who hold their line seady, without regard to
the slight fluctuations find that time works in their favor and
that addition Of 10 their short contracts gives them
agant the bull interest," Between this and the first Of Noye-
tight money market The specie shipments may continue
not matters little in the general movement The deposits
must be reduced the demand for money from the country
The discounts increase in the face of reduc
on in deposits Last at this time the banks had
last reported The increase Of bank loans million
weeks based increase in deposits to about the
loans would follow OF monin deposits with
ont regard to the movement in the specie department
From Boston have the following of the 9th nit: "S6s
ct pretty high rates for money when is going begging
in New Orleans aG@6s. No movement of any Importance
since last There is fair demand for money of the leading
articles and prices particular change The money
is rather stringent The range for good business paper
from Ss per cent and the supply abundant these
figures In Exchange London business
doing for the of to-day The class day
bills London range from 9@9zG per prem and 07@
10M short sight. On Paris the 60
| bills, and 5.0S@5l0 short sight,