New Orleans daily crescent., 1856-02-22
THE COMMERCIAL DEPARTMENT..
yye(u Orleaus ntonev NIarktt.
CRESCENT OFFICE, No 10 Camp Sire,

Thufsday Evening, Feb Il.
To-day the sky has with slight touch Of
weather from the Arctic regions Business Is lively and active
the Ievee, though telegraph dispatches have been re-
ceved from the Wcs which have been made public, Of later
date than last Saturday yet the numerous boats trading to the
West loading and with the arrivals from
Ouachia Red Rivers upper and lower steamboat land
gs present unusual stirring Tic arrivals of vessels
have also been large this week. At the shipping landing bus
very active in dsargn5 and loading. There is
mensity Of suit arriving, completely overs1chng and
glung market. Heavy Losses arise be footed
IN by somebody this article.
arrive will prove bad Investments though docs
require much capital TO monopozc the a market The chances
for saving themselves by holding will doubt ad
vantneeol, from the stock haA and the quantity
way will be amply sufficient for the demand until
next fall We observe several being landed Of cotton
sacks otherwise called ticking. These will
handling and are sold at reduced price Sacks Of salt
Of four bushels eas be imported and sold from 65 10 5
and 81 sack and those who invest these rates for the
West will find that it will pay for keeping The duty Of twenty
per this article might well be removed The domcs-
tic article cannot be furnished in amount Of one
eighth required for the consumption Of the country. As there
now free re Speaker i'll Congress, may feel the
effects Of general reduction in duties.
There negotiations paper to-day at the rates oil
the week 5000 for long dated paper by two hros
other parties is presumed done little, There no ess
enin in the amount Of for investment in good
The offerings in bank Today though not heavy, nly to
the receipts. Two days payments being required to be made
to-day made difference.
The Black Warrior arrived to-day from New York,
bringing $50 in gold the Citizens BaS aud $4,000
The Union Bank
The Exchange market to-day presented but little difference
from yesterday Two of the Banks holding checks at x ct
discount New York. and the others at S. Outside the rates
z M the latter the buying Of the banks Sixty
days sight taken the BANKS per discount
Bankers drawing at l "a produce bills "a with only
moderate offering In Sterling there bills of
hiding drafts taken TX though The documents attached
not supposed to increase e goodness Of the drafts Clear
bills for direct remittance were taken At and some at @
Francs freely o:red and good drawers cnanc
ing the rates asking 5264 TO 52 The latter extreme
rate Produce and ships bills rule from 5.321s 53I Tele
graphic dispatches from New York Of yesterday Sterling
dull at lGS5& to lO9
There sales Of Stocks a.iay say shares Cann
Bank in two lots, ll2 and 100 shares Union Bank
lol There very little Canal be had under 49, The 25
shares Citizens Bank sold yesterday at lt2J&.
The Directors Of the Bank of New Orleans resolved
de stockholders asscnn) increase the capital
bs AS question has to be decided by preliminary
nien the stockholders solicited to give their by
| signing the propositions submitted
dangerous appeared to-day, purpon to be
fifty dollar Union Bank Louisiana, Letter
g. 1855 The is good, the engraving rather heavy The
date and number il, stiff '"kward hand The signatures,
F. N Wood, Cashier and Alfred Penn President easi be
discovered from the genuine ly those with bank
They written in blue ink which has changed
black during The day. it evident the issue is fresh and the
operation very This is the first counterfeit which has
appeared on the free banks Of our city.
There has also appeared counterfeit gold piece, half eagle
which also fresh ingenious
these also he readily told by money Dealers the
try and among the aorng classes they be passed with
great facility.
We nothing York by mail to-day, though
vices from Boston, late due hand Money be
coming easy Frscass sought at to 10 cent
higher then in this city, taking time int
consideration, about per cent.
We havc hitherto alluded the Crch oJiicr Of Paris
its general action ard movements resembles much til
property bank operations Of which there has been much
experience iii tis country, only in State bu Il
Mississippi and Arkansas well other States. Of all I'll
property banks which have been established in lis country
Of real estate, have learned Of but til
Union Bank Of louisiana that returned its stockholders
dime, and had The Union Bank been in the first years Of it
existence under the guidance and Of siifu and
eyprovedio have bec sagacous inancie Matthew Morga
being its President, succeeded by George Mligl j. +
Shepherd Glenly Burke, and iquiaed by Chas. A. Jacob
Alfred g. Frerc, might proved 4 Femis
to its stockholders. A late German paper says
The money pressure Of France; few months since,
the lRn!s of about eighteen different Societies. Shares
m francs Fo1 time nothing said about hcn
until few days bcfore the New n.y. Year the shares were Issue
difficulty in procuring the money necessary make The
sy" @ 4a 's ss s they " and:
some Of the sang members ct The credit oie' who III.
millions Of ffanes, which, is necessarily lost by The
settlement iqnd@'ion at the B,nse must be as difficult u
: I"s,aon on every Side do6 and fears are dspicisa
syer go'lSna,ce @ sc ) the 4sltei OF the bnTse ut I'll
the holders securities and uphold e market, Is adding
VI difficulty, and, conceal it they will, financial crisis is
hand.
|. We have already taken Institute
Of those mlg1.icicnt bubbles which may succeed fer
but which, like everything else based upon false prime
I pies There
Of the present embarrassment Of the French money market
. attributable the wide development Of speculation wlt
,t this establishment has given rise and the employment
great portions Of the Of the country in the wild
Iileetinac schemes which it has crpAtcda time wht
tho caution and prudence reluredwleni
necessary carefully husband the country
order provide for the heavy and Of Il
e the expenditure press lightly possb
/ upon commerce and industry.