New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-02-27
THE COMMERCIAL DEPARTMENT.
ylelu ORLEANS Mlontv AEarAft,
7CnEscEyr OFFICE, No 70 Camp Street,


The general yesterday coge1 under favorable auspices
TINT the great bsbear reports Of passed of and the
lamentations Of croaers scattered 10 the Winds to he re-
Yived brought into action again when offers Of
creating effect in great commercial and financial interests
There variation to-day in the general features Of the
Money The strong indications Of an Immediate rcsun
the intercourse with the West is causing procviy
n still more easy state of the money Market ~
The valuable property belonging to the Ioyiras female Or
pnn Asylum upat auction today There good
attendance The Of ground fronting st. Charles
street. between Julia anil ST Joseph each measuring q feet
inches by lG0 feet leased for fifty at the rate
OF about $4,000 payable orefouri cash. the balance
three and fonr with interest at The Of cent abo"
equal cash sale The improvements to he erected are to be
paid for by the lessons ut the end Of the The lots sold
for So o0 Lots Carondelet Of the size sold for
Sl52J The lots sol in simple brought but little than
the lots Oh lease This the first sale for several months Of val
uale city lots situated central location and which be
improved suit tho taste and pleasure of the lessees There is
indication, least from the sne of this property that
city rctrograding the evil disposed desire represent
for is not many since the entire property in the vicinity
alluded perfect Guasmc only brought into notice
and consequently enhanced by the digging Of the canal and
basin by the Canal Bank In fae if recollection
right late Nicholas Girod donated large Giare Of the pro-
perty sold to-day to the Asylum.
The Money market continues be abdantly supplied and
have downward tendency in Good long dated
paper taken to-day and So per with per
cent; second grade placed at TO- third is without
changc The negotiations Of the day reach about S00 with
more in treaty. ssa
The Exchange market in the early part Of the day
ing layers holding for lower rates under the impress
zion that the carly resumption of navigation with the West will
increase the material for operations and decline. The
Banks eold the counter H. Tie demand languid
On the street there change. Large amounts taken
q, closing heavily = e and 2-le former
and bankers Sixt, day drafts rather heavy,
closed at x and IL for bankers drafts and u and
24 the s:ree: On Boston to ~ dis
Foreign firm Bills Of !ading drafts taken at ~
and some favored signatures ~ For clear bills drawers
frn holding at 81 The extreme rates So
81. Francs in fair request at $50 526 for produce
bis Some negotiations made 5.231l Havre; we
qu3te Paris direct from 5.27] 5.2215.
There sold at auction 2 shares of Opeousas Railroad
stock at 81 and 50; at private sale 1876 shares jackson
Railroad r r.; . shares Union ai, lOl1 $50 share!
anh Of New Orleans at 100 l00s The
Bank Stock noted in last sold at the advanced price
Of lS There sale Of $4,000 coinage American
| half dollars at 2! per dis
Tie Directors Of the Union Bank in ali
the issue Of The fifty dollar OF the CID plate which
connterfeied, and replace them with a rev issue.
We received papers today from New York Indirectly We
have dates Of the 18th. The weekly bank shows
general expansion III loans with increase o. Coo 00
deposits. Six months paper discounted per cent
and TO for good secod class. This shows great improve
in the rates Ct interest.
From the West have dates Of the 10th The Louisville
money market easy The Journal says:
The banks and brokers digcounn first paper
70 per Eastern sight exchange very firm Is prem
per penn thirty days New Orleans firm i prem
Land firm IS for 60 and 10 acres and 100
and l2o acres.
From Cincinnati we have the following of the 1911,
Oar money marke did not present feature to,a;
the demand from borrowers continues moderate and
By Lenders fair We quote ulatered
10 per for first cass paper and ID "a for inferior
Eastern exchange very firm today, at 4 u buying
selling Some Of dealers short and unless III
THUG in progress produce abundance shout
not Re surprised TO the advance 10 =: III CHEZ
Pttc .sct il unchanged
The Washington Union Of the 10Th contains the following
having State Department. which decided
avcTse to grain and other operations in breadstuGs
TIE FHAsKroRT GRAIN MAgKET.-Orr tpontlent send
the quotations Of grain for this market the ed Of Jaruar
last We End That the prospect Of general peace
considerable decline in a kinds Of BEFORE accertanc
by Russia Of the Austrian peace propositions before
ccpton Of the in Frankfort the Quotations
l FORMS for rye l6 for barley l2 and 2l the 200 pounds
ZollverGin weight Since then quotations wl!ga
liz aud IS FORMS Ii, barley Ia and li, the 800 pounds
Transactions ;ee very limited, lie purchases ben
, p11iy for Immediate