New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-06-06
THE COMMERCIAL DEPARTMENT.
Meu NfItans MEpllsy HtarkeI.
Cpzscxsr Orr1cy, No. 10 Camp Street, !
- is ~ : X ThuYBday Evening, June s. s

-
with the exception of the activity on the Levee caused by
the arrivals of several boats tho summer agnaney
prevailed to day all departments Ok trade s5 IL ~ Ia
In paper we only of the sale Of some a
the rate Of cent There is change in the rate OF good
and Al The Stock quiet today There were
going ON for Canal Bank doubtful how
ever If they reach contract This Bank will make dividend
Of i've per cent d ins out Of It's earnings for the last
six mouths and handsome surplus remaining The bnsi
ness of It's Canal has Increased considerable the last year. and
will undoubtedly continue increase thought will be
onable policy the Bank to expend large Of money
yearly on improving and extending its usefulness until the
State gives the Bank FUR and equitable opportunity pur
chase It's rights II -5 - ~. sjS
There only moderate business doing in Exchange
Checks New York firm par md possibly recession
from that might be had settling day round tomorrow
toards O'clock rather for 1t must be
TAKEN Some Of the Banks have for money and decline
checks regular cusomers and then at the
highest Of the market Five days sight on New York was
sold II dis; thirty days sight from Is to dis sixty
sight from IL N discount for bankers drafts and good
commercial bills from ~ ~ and ~ discount with no great
amount offering.
Sterling very quiet to day. We heard Of some ranac-
lions for clear bills the range must be placed from
to ~ for investment aud ~ to ~ for remittance Francs
very dull 5171 Paris direct and b22 to 5s for fair
grade Of other descriptions go ...,s ..,g.-... 81.
The following are the comparative for the year 1854 and
1856: isiEE Ssl@% tE&a' rs ~ %$4.z y
On London i sis failing az aeHs sasss
e ser F! Yssf q s15 dis. a
New York sight ....... par 10 4 prem kQgA prem
There is great variation last year and the present.
tending greatly in favor of buyers this season.
The Secretary Treasury has Just completed his report
on the subject of Banks and banking contains from
up January l. 1856 with reported
capital of s 2-sowing increase, during the year. Of
ninety number Of banks and branches md OF Sb6
in the amount Of capital paid The specie has been
between five millions from s53 5a6 to
sls5 952 223 to SI95, 747,950 gg y .l
The great capital has been in the Eastern and the
Middle States specie and circulation in the Southern and
Southwestern States In the Eastern and western ates
circulation has been reduced. NJ
capital invested in private banks and brokerage
amounts $I2 900 OO0of which amount Boston has S2oo
600 New York. si1 9oo and Philadelphia, S25ooooo
The whole Of the property of the United States
estimated at sl217Gl72, and the present population al
| 26.9643l2 ',.-Fp as
The capital employed in chartered banks in 1887 was over
$500 The combined capital OF present over 46oOOO
| O00.f -
for as appears from the Cincinnati Price Of thu
18th ult.: <sf34i We 5s'Ig~
The market has during the past week
previous weekly review and within this pero
been a Ct a dsvs Wa
increased supply and s9 With the en-
Change helped 10 improve the market The discount house
to to a o there as s
full supply good paper in the streets rates
ing from 1t is difficult at this tim
to form any opinion the future of the money market
the absence disturbing would relapse into quite
state capital would become abundant but in the preseu
uncertainty with reference TO our foreign relation
continue pursue while there to BIS probability or
relations that exist between this country an
Great Britain.
The market Exchange quiet and rather heav
Monday, but it frmer yesterday at to premium
Prime bills in good demand at ii 10 and
Orleans Exchange is dull and ranges
the from II dis to d to u premium, bankers checking
the latter
Our adyces from New York. of the Goth ut remark as 70
lows:
for money to-day pretty active, but the SUI
having considerably increased tending downRa
Next week heavy disbursements of the Treasury will be
and during months the market is likely to
abundantly supplied.
Foreign Exchange dull We learn Of but small sales, ar
the aggregate the Saturdays Havre will
Commercial bills England are in better suppl
and the paid early this week cannot be reaze& if force
into the reduction be submitted to by drawers