New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-03-20
Nse0 Orleans 10 sllonsg gIlaEAst.
GaEscEaf arfIcE, So7o Camp street. 4,

Eg Es5e n, s!. Gs,nR Il st 5s
There was no yara,or.in the general features Of the money
market; Money synpalise with business
Business and active and money rs dull 70 hode and
very little enaured for n rates Of calls
on the small but in The paance
dated paper, at s 10 81 per cent s5 .4tl$ss
There business doing every branch business
which goes make the grea of New Orleans
Dry goods dealers end rocers particularly making large
believe very profitable sales in fact they well
all other branches Of trade making up lost time.
On the eTee also the hustle and activity seldom been
equaled never surpassed deeply laden agoes Of the
West almost hourly ARRIVING. oenanerate the vastnes
the wealth pouring Crescent City from that grea.
Of trade, Red river from the8mcrons bayons
creeks in oerbecons would take much Of restricted
space suffice ITO croakesz sounded they
silent The salesof stocks to-day were shares
zens Eansi at SlD forty shares Ban Of Louisiana,
and twenty shares Bunk Of Ncw Orleans, on P. q.
The exchange mar ket firm today buyerswere holding
BACK and did no Rsea Inclined in way to favor the adnc
ing preteons Of drawers consequently the sales have
to that extent the quantity of produce would
Tie banks selling checks New York pereent dis
Outside the rates 4 to e the banks buying shor
sight ruled from Il to ~ dis; stydays from M and
1M to and 24!is. Some drawers holding at TX dis
Sterling was held above the views Of buyers say 81 for
clear bills Enough drafts told 81 and 81 We
did no; learn Of sale Of Bills Of Ladn drafts yery few,
on the Market buyers are not willing pay the rates asked and
operations Cotton FOR days large tie
exchange market feels inactivity and limited supply
bi We quote Bills Of Iading drafts from ~ III. Ing
francs heard Of only limited transactions hardly stiff
Client to note Wequo5 TX 70 1874 and 22s with
drawers holding 2lti and s 20.
The following rates for two years past were:
Sterling clear anssh Is is e Aa!Sh 10 - & l SD
8 ays on New Ief Il ~ s, s ;s 7
S'F'' '''' II Il IL prem
There considerable variation these Of time We
hpve rF
take the following:
There Ia: not ben e business dsns in for 1s
tis nnes renitteEs Kept market prnei
pal purchasers have been bankers credits The supply
pa ;nash e # te.e Fo noticed The
e. ill., G929 ar1 e s9 Ss of t
South sisy It; bills drawn on he so
e Peaf's e. o'Se os s
s ai co na Tass a not raw s ans
estimated That at least go baeanG by parties The
days, which gTs million and hslf Of dollars or *
e ee e r ta oe 10 2 H sssg Is 81 70
Of little done at a}E per Francs 221S to S l7]s.
The last statement Of the Banks of Charleston of
Charleston comprises eighteen banks the State of South
Carolina and shows the following the last day of February
Circulation sa6l6 $40
Deposits 4,lI64So
Loans discounts personal 11g05o2
domestic exchange security l0st55Ge
Foreign exchange 4e64
From this We Judge the banks all owntay,
regarding exchange dealings. 4
TneJ however, weak position, rather position
would he considered very weak in New Orleans Deposits
circulation being in specie by the dollar
Bank stocks considered in Charleston very reliable
security take the following remarks Of the Charleston
Standard regarding them II sEce, ana will pos
sihy many hence, before city will
be deemed available resources:
The Standard Of the l4th inst there is tendency
money matters which remotely indicated the
bank statement This is il the Upwards Of almost
every species Of property few months $4,000 in bank
able resource, l. immediately Convertible into money,
and parties who under the necessity Of making payments
obliged 10 look TO the circulating medium itself for that:
purpose Now however bank stock and other property is
market time money required and
endorsed BY his certainty tits good medium
itself In fact; it becomes part of the circulating medium and
many business operations carried with only the
money necessary 10 cover ttcliteTences in valve,
Specie advances slowly br. for several mouths conn-
aed increase Foreign exchange has fallen off considerably
the fact attributable entirely othe shining.
ece sufficient shining in e Larbor foreign