New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-01-14
Mn 0r!aalsg :@aEep :HasIet.
EscENT OFFtcE, No. 20 CAafr STREET,
sst,.rJor Nuan;pu Ian 70 ISL

l CRESCENT OFFICE, NO. ~ CAMP STREETss
Saturday Evening, Jan. IL, 1906
Heavy transactions mark the events of the week now
closing particularly as holiday and two days Of rain
end very unfavorabe weather has interviewed Sales IN
produce reach the figures of three millions and max
dollars The general city trade has felt the effects OF
\ bad weather wholesale dealers in dry goods hardware
clothing have done but ttle The fancy ana feeA
dealers have not added much to their receipts u
ceres there has been doing and the dealers On
mon Levee ard Tchouptoulas streets do not colapsin
Western produce dealers Inclined to think tnas the
obstruction to navigation in the Western rivers Dy ice
will enhance prices There IL good smoant OF produce
below the ice barriers and investments IN ana
provisions this moment at the presensions OF
holders about unsafe as the market
now presents tring advance IN hour and grain will
check all operations for foreign markets. The is
now too far advanced to have lengthy Interruptions
| to communication with the West from ice. If this
weather had come month ago. there might have arisen
| causes for uneasinsss regarding supplies.
The week has been an active with the banks and
the money market the discounts by the banks have been
two millions hundred and fifty thousand dollars.
Exchauge operations have also been heavy and will ap
proxate to three millions Of doarsthe four old banks
| held to-day 81 $4,000.
The paper market was better supplied to-day with
paper, large amount Of is appearing and
lenders views upwards long dated fair
was placed at 9 say about s45ooO There is sufficient
capital here for all legitimate purposes Factors who
above the necessity Of buying business were do not
feel willing to assume the usual large responsibilities, and
at this moment the amount Of paper maturing next year
very limited compared to former years. Of medium
there not much making and when offered cannot
be placed better than at II to IL per CT The calls the
banks to-day not large yesterday though their
accounts WELL yet they have good deposit line but
they vanish from day to day and is not very safe to
tend discounts to any amount
| There change in the general feature of the
Exchange market. Some frst-cass drawers declined to
sell to-day, the banks had fair demand checks
New York at X to Il per cent discounts outside, funds
Northern cities ranged from q to Il dis. for sight;
to * for sixty day bankers drafts ~ ~ and 2z
Philadelphia rates from Ito per cent dis There
not much done in Sterling the supply is large but
there not much prospect for any decline from present
rates. say OK to and7 for clear bills and g. ca and 81
for bills with shipping documents. Francs plenty
with produce drafts going ut sssl to 535s and bankers
| bills on Paris direct at 5.2sal to 5272.
In stocks today heard of the sales and transfer of
twenty shares Citizens Bank 142 and shares
l42.
The mail steamer Texas from Vera Cruz brings S5 900
in Mexican dolars-we heard Of sales-the highest
| offer made was 104 t9%
The exports of produce from this port increasing
from the following abstract for the last quarters
| of the years 1858, 1854 and 1856.
Exports Of Produce from Eetg Orleans for the months Of
l n,fnt, AZ.