New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-09-24

THE COMMERCIAL DEPARTMENT.
gen Oaeans Hlpaeg NIarhet.

CEgsCRsT 0Yffex, No. 10 Camp Affect. i
wv Tuesday Evening, Sept. a, 1876.

Z Z If
Tuesday Evening, Sept II, isss
The Of rain which had occasion Init
ing passed off, to-day usered IN With one III those
beautiful autumua days which pride Of every
Lonisianan The effect Observable III al She great
horoughfares Of trade more particularly fc great Ieves
which parts well blocked with bales Of cotton and
good stock Of Western produce and Indicating that the
sumption Of active operations Is close at hand.
The elegaphic adyice received here day two since
bringing accounts of the arrival New York with in
formation usual raaded largely regarding the failure Of
the Royal Stock Bank in London We beginning to
look suspicious these continued aurestat they
used for private and diverse purposes, the chief to ope
rate and influence cotton market and the telegraph has
frequently been made instrument influence the market
Every petty failure in London Liverpool Manchester IS mag
nhed through the telegraph into revuoH and disaster OF the
greatest Importance So with the reported failure of the Royal
British Joint Stock Bank Of ondo has been reported tina
three hundred stockholders LIABLE that It will the total
ruin of all concerned which about correct
Of the This Bank find small affair." and
had about much influence the monetary affairs Of London
pocket pistol would have in storming Gibraltar
The capital Of the Bank only $4,000. Like many Of the
failures which have been reported in advance of mail it will be
there object in view which it intended
less influence; that object the cotton
ket of New Orleans II suggested that some other mode be
followed hereafterfalucs brokers' merchants and banks in
Europe during these times Of and anence will here
regarded with the degree Of the
time for the bears try other As evidence how
ought given Geographic advces, have
notice another On the arrival of the steamer At
EewYork last week. elegaphic dispatch received
saying bonds the of 80 OOooo0 had been
sold London Of the jackson Railroad When the
mail received here yesterday the happens be
only So twill be good policy receive advices at 30 to
discount which rate proprietors ought
pay that is they should receive discount Of 50 cent in
all from their bills.
ms
very oderaehe expected decline in Exchange gives
currency the views that the importation Of gold will be
profitable business November December and January Some
sma! negotiations paper maturing in spring made a
the Of per Good short time be placed at per
cent.
In Stocks of transaction Holders ask high
rates. and well they might for there is opportunituny for
renvestsg fund.- unless is in building good comfortable two
story dwellings, which will command rentals of $50 TO $40
OF brick there sufficient for the
The Exchange market presented nothing worthy of note to-
day The Banks selling checks the counter para
Ii discount. Private Bankers the Sixty days sight
ruled from @l7 discount with only small offering.
Some little doing in Sterling small amount in clear bills
taken at g. and small amount in bills ladne at 81 Some
small operations Francs $50 The range of the market
| being from s. 2l14(05l71s.
mail to-day brought the last statement Of the Banks Of
city New York for the week ending the 18th ins from
| which take The following, showing
decrease in loans and discounts Sii,nS2
Decrease in specie 9ii'SlS
Decrease in deposits, nominal lpli3D {
| Decrease in deposits. actual lH4,loo ="
1t appears that in the face o! decrease in the
specie deposit departments keep their discount line
about the point The deposits in each of t
| last four weeks follows
Aug. q actunl deposits in Banks s69 o22 G e3s
Sep:. s. actual deposits in Banks. 67,2235e2
Sept. b. actual deposits in Banks 66,0ie,4l2
The decrease deposits from August % September Is
The decrease in specie since August
hash in @
has reduced This is about the same rate Of re
during the period last but before the
movement was fall the total decrease in discounts
amounted about millions of dollars In deposits the
traction about TO the extent.
ueek after Exchanges from the LIST September, 1856.
Specie Circulation TT Loans !, Deposits ~ Exchange n
s ssPt ss5 1Ss9 SsS5 s4 sss $fSs
Sept .i5l1s55 lSssssi ssiS4sI 2ioa27I6 2'si7I7
BY the Arabia we days Lverpoo
the report the markets the evening Of the Sd inst
, follows
nns @ ne e
i in D Tie saeincuGing 50 Pernambncos 100 Bahia
5fsPs vie
1000 are speculation and for export
We also give the following circular of Tobacco
sales beng ass fa lids s
s
S ss IL en- #
the may also remark that they have general
raised the price of The manufactured article ID per ID:
will he observed that quotations materially altere
regards Virginia Strips the stock OF which
of only triHs business AID that within last months
Western there sale In Steamed
parcels changed ais for resale, and the market
cleared during the month Of all offering below s9d per h. viii
Is sRid for fine colnry Turkey: Only few bales
obaned Id for cumming numbers IN the earlier
Paraguay sold freely I'd per price
gradually advanced 7.d, sddss b7 and the latter
lowest roll inshe numbers somewhat hight
being for the open Leaf sale The
ton etthis Tobacco is steadily on the increase.
= aivces from America in favor of holder
prices there having maaerally advanced, IN consequence of
tutle growing In VirgBis although the rail-
" haue improved condition of the plants, only
growth expected ard in the West short supply looks
upon a certainty.
C. 1875. 1855
= Virginia Leaf. Faded @ -M-