New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-08-18
THE COMMERCIAL DEPARTMENT.
Slem OrIeaus gglpneg gJlarkft.
CRESCENT OFFICE, No. 70 Camp Street, I
Saturday Evening, August 16, {

Saturday Evening, August l6.
Tho statement Of the fhe week up this morning
shows variations and although from day to day the gene
market has been marked with summer 4uetness well as
great inpednens from the have interviewed
nevertheless the general exchange operations for the week in
Bank Bank exceed million and quarter Of dol
lars while Bank has increased its exchange account over
two hundred thousand dollars others have Increased only few
thousand and sllsOoo that there
actual increase in the aggregate for the week Of OOO The
reduction in specie is thus accounted ora gold has been
drawn In Government drafts The great feature of the
this week is the Ajax exhibiting balance o. six
hundred sixty thousand dollars above the requirements Of
the law. On the statement Of this Bank to-day its line OF dis
could be increased million Of dollars In the pre-
sent redundancy of money do not suppose any increase IN
discounts ordinary wants. and in the regular course Of
trade could be beecially employed at this time or that 1t
would be productive of good TO make money too plenty
in midst.
Southern Bank which, under the law, would be required
in coin hand has $l60s59 or about two r
bred and eighty per cent above inew'ich is heavy ex
movement. We suppose its mandators arc
watching the Exchange market.
The Union Bank continues regular COURSE and steady in its
operations dsconng paper and buying and selling
Distinguishing checks Boston, Phladelphia and Bali
more we'll New York. The uptown Banks. the Cana
Bank Bank Of New Orleans doing their usual service
to the wants Of the community.
The general statement Of the week shows
Decrease circulation l77,l60
Decrease in deposits, nomnnlly. 1867
VI The other items there 1S-
in short loans 63lS5
Increase in l7069l
Increase in Exchange 56,031
The important feature the decrease in general loans of
Sls6,63D
There but little done to-day in outside Of the Banks
The calls the Banks about equivalent to their income
that income, however, is very limited at this time.
there sales Of 1877 shares of Bank Of Louisiana
parcels, $780, Some small amounts of Insurance
Scrip found buyers at various rates.
The inviting investments at this moment and which will
benefits the welfare Of city, and aid the important
undertakings the mortgage bonds Of the jackson Railroad
city Issued this and the 0pelousas Railroad, and
scrip of the Teanepec Company-condence and good
feeling in favor Of this latter association.
Exchange market stiened further to-day Checks
New York advanced 10 eghs premium by four OF
the Bans and private drawers inclnu towards
further ADVANCE inmating that they should ask x premium
week The scarcity, increased demand for in
New York causing difficulty in dscounting time bills at
the regular Of interest," has been the chief of the ad
this week. Fair good 60 day sight New York and
Boston are, however, purchased freely lG and "a dis
Bankers ask 2s discount short sight, three to ten days.
is scarce and held at 4 premium to par.
There nothing done in Sterling today, other than three
four small bills at 9s92f for remittance buyers not in
cned to now 999a for investment Francs Inactive
drawers scarce and buyers also Rates continue at 5l6@
5l215, with offers 5.l71s.
Condition the Banso this city for the lree ending Saturday.
AH7tst l6, 1856.