New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-21
THE COMMERCIAL DEPARTMENT.
Nsm Orltalts Attputv. NlarAet.
cnrse y! OFFICE, No. q I, Camp N J, # i,

CnEscrsr OFFICE, No. 10 Camp street,
Tuesday Evening. May %, 1866.
There nothing worthy remark ranspired to-day in
financial circles standard Of percey
abe from the congregang of the disciples Of both finance and
this that shady This sign, as
the Alaac Gays Of the arrival of weather. and general
dnclinaton money transactions unless something Of
ordinary import the TRANSACTION although
from New and Philadelphia indicate than
ordinary for there has not been reaction in
market The fact merchants generally
operations months past to strictly legitimate objects
commerce Though attempts have been raise
speculative bank stocks 1t has not been responded
freely those having to invest who
confomabe those mmutabe ws of supply demand
transactions in real special property
nothing spcculav tendency appears to be moving This
In opinion shows healthy of objects trade
and finance II said with business that
New Orleans comprises within limits speculative and
theoretical community Cotton may go up pounds
dollar and Sterling Exchange go per cent PREM
but the mass of permanent citizens will move On and pro-
gress irrespective of such prices and rates.
Notwithstanding the oft repeated expressions
great decline in real estate in city there nothing
tam the assertion The sales of the property belonging the
estate Of D. f. Buhc, corroboraes have often
expressed that city is onward AS few illustrations
the value of real estate give the sales today by
auction.
Tie property known as the Sun Warehouse on Magazine
street. between Deord and Poeyfaeground 81 by 10
buildings twosoried and only partially finished, sold SILL
90D Three vacant lots Camp street, between the
Streets each feet by TO- 5000 per lot Threeory brick
house. forming the of Camp and Delord by lOU
s3i00 Lot sze adjoining fronting street
with threesory building, ut 81 900. n
Property in the Fourth District late Lafaye.csay one lot
forming the corner Nayades and St. Andrew street, Is
ia, with two-stoy dwelling and kitchen,
lot size forming Nayades same buildings $3.50
lot buildings same $50
lot buildings $500
Considerable vacant property also sold evidence
OF its value note the lot by O5 on Felicity
at Tc
poulas street. also brought good prices Although getting
late in the season. good property lots good
situations brings good prices Croakes aators
hold on while longer. 1t is undertake decry
credit and character Of the city Just
The city is going ahcadn in its destiny interest is
promptly paid and its securities rising Its
welfare believed to be found within its boundaries.
The Exchange market to-day was languid Good Francs
sold at So Sterling with bills ladng hangs, the
phrase iB 81 81 and the signatures Clear
bills of good make considered equal Al have been sold
ga from ~ to 81 will the operations of day.
domestic funds there has not been much doing the supply
excess OF the demand and sight New York
discount TO u premium Sixty days sight TX for Bankers
drafts to * and " for good commercial bills Market closing
without the least animation. y. w.
sales Of Stocks to-day g. shares Canal Bank
80 shares old Union nj ITO, and small parcel of
The market closing with downward tendency for all kinds
Money continues abundant A large Of jackson
road Bonds will be the market before long which will
the attention of capitalists secured they will be
The mail to-day from New York brought regular mp
the l4h instant The usual weekly
Europe by the steamers weekly have received
circular below of Messrs. De Coppe Co., by
Persia Wednesday last for Liverpool it will
there has been demand for New Orleans City
of per This would bring the Consolidated
to IS and 81 and the Railroad Bonds 81
is the shadow of why these Bonds should
low these figures designate All that capitalists require
surety certainty that the interest will be promptly duly
paid As there shadow of doubt involved
they assured outsiders with confidence
either in our City or State Bonds.
We copy the following extract from Messrs DeCoppet
Co.'s Circular of the I4,h inst.
STATE of npor have taken
place Indiana SIS without change prices and in Missouri
6s and Virginia 6's at decline of Il and Il per cent
City and County Bonds extremely prices being in
general fairly sustained Some New York City SIS Of 1898
oan have been sold g. Sun Francisco los and 6s have
clned the other hand there has been demand for New
Orleans 6's at advance of per cent.
Railroad Bonds without inquiry AT private sale there
have been transactions worth mentioning. AT the Stock
trail Construction Il decline Small of New
York Central U.s. Erie rs 1871 and Hudson third mortgage
changed hands at easier
Railroad Stocks have declined with barely exception
be seen suboned table of daily Besides
in Erie Reading New York. Central Cleveland and Toledo
and Mississippi have demand have risen x
per
Money is in active demand at per for loans
business paper from to 10 per cent.
little offered Principal
London 1888 TO 1898 on Paris, 5l64 to 5.l13s,