New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-02-25
THE COMMERCIAL DEPARTMENT
yEeu OrItans sttolyty Yt(arhet.

Camp street,
SID lrday Evening, Feb. q, 1856 5
The hest Of feeling commercial circles, albeit some
dsptio has been evinced the part of buyers Of produce
within the past three days TO wait the receipt OF TURNER ih'c
from Europe before pushing their operations 70 great
extent nevertheless business Of tile week (notwiihEandng
teloda yesterday has been fair The sales produce
approximate 10 million seven hundred aud fty thousand
dolls marked improvement has taken place in dry goo1F hard
ware groceries and the collateral branches of trade which
up great and apparently increasing commerce Of our
city City retailers of every class have no cause for complaint
they are generally closing lucrative trade and as it is
altogether confined cash and short lime there cannot be ua
rcInuneraiye return though Rfure and then does
they arc sortnnes which in the best Of in the
and wcahiest communities and under the best
devised arrangements.
The resumption with the northwestern section
O. State and the upper of Eastern Texas having taken
place through the great artery Of navigation Red River boats
arriving and departing day fully loaded adds greatly
activity and liveness Which peryndes the levee and
all the great Of trade to which may add the free
with the 0uhcita section Of State and
of Arkansas witnessed :!c fine loads Of cotton
ing market from this long cmbargoel part of the country
few days. without doubt, shall have the pleasure Of
corlng the opening Of the Ohio river to- be followed by the
breaking of the ice in the Mississippi above the mouth Of the
Ohio river Then with the anticipated increase in al business
demand for Western products from Alabama, Georgia. Flo
rda and Texas may look for brisk and extensive
trade for the greater part Of the coming spring as has been re-
annals Of city trade. The extent to which the
crop last has been gathered has placed at the
disposal of the planting community facilities which eE-
courage inugig luxurics enjoyed in general for
years past.
foregoing may, with proprety be added the appliances
Of the strong position Of banking nstituonsthe high
character sounness Of leading private bankers and
change dealers with the strength and soidy, the cha
ractersic prompnes of those auxiarcs Of com
merce prosperity insurance companies, which
happy remark have enjoyed great immunity from heavy
losses for the twelve months. Concurrent with this "vor
affairs is the admirable system Of conducting GALES
quantities Of produce which seek city for nn"'
| p1in Ig.h
days three months months six MONTHS discount fol
much they do sales in all Northern cities and 40
long conne themselves to the cash feature SO
long will city have preference which cannot be overcome
The money market to-day we'll supplied Good paper Of
long taken 9per cent and short date al g. will
buyers than sellers The amount discounted by the banks
for the week little two millions Of dollars chiefly
| paper maturing within ninety days.
The weekly of the Banks is in the aggregate
strong and shows the following variations for the week
| which arc increases in every item viz
Increase Circulation 1855
Increase in Deposits Of lSDU4
Increase in Short Loans Of lNjs
Incrcase in ii ant bsln M = I5 5ss q
Actual increase in long and shor, loans for the week
There sale of Bank OF Louisiana Stock to-day ISL
The Exchange market this morning opened under adyanc
To-Day letter day for the European mails by the
Steamer and buyers Of foreign for direct remittance had to coz
VI plete their arrangements Francs advanced 5334
with fair bills being taken q. $50 to 5 The Of Il
market was $50 52l In Sterling there operations
~. Tor clear DIS which under negotiations Ihurada
Sales made at sG and for strictly choice So Bills
ladns drafts taken "a IL Generally dealers fe
inclined to wait the expected intelligence before negotiating
= | great extent.
Domestic funds opened active and closed advance
Banks, will, exceptions all asking Il dis
checks New York. the others e. the fro
"a x for sight, and 4 q for three days sight. Bar
advanced their sixty day bills * Other grades
IL, and 2s and taken by Of the Banks
e "a An improved feeling in all kinds marked the transac
7 Of the day.
Condition Of Bar5 This y jar tie tcetk ending sanra
s. FtJrut.ry %, 1856