New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-09
THE COMMERCIAL DEPARTMENT.
geh ORLEANS Nlottg Nlarhtt.
CRESCENT OFFICE, Moro Camp street,
z .. ThurslaY Evening, May 8. lR5G.


The of money deposit the credit Of the Treasurer
of the United States the deposlaries according the
statements received Washington for The last month"; pri
and subject draft $24 s95G73 The hand
the March as $223725 showing increase for the
month Of little over two millions and half dollars Some
four I'VE since $1,000 appropriated towards the
purchase Of ground the opposite side Of the river below
Aers the purpose Of establishing navy yard depot
1t Is about time Louisiana should have equal dyi
public money expended, and though of its
Congress is very fond of realizing per
and spcculating in city bonds sight
New Orleans and tathere proper places for
bursting share AZ the public an the extension OF
forts OH the coast Of ouisianae improvement Of the nava
ton Of the Mississippi river Though small appropriation has
been obtained for triflng fertilization breaswork at
Froctcyile desire to money expended the Mis-
sspp and its tributaries With SIS in the Treasury
this time with increasing importaons think asking
too mucl for iberality New Orleans
ona half million Of dollars ought be forthwith appropriated
for the Custom House at this city Let the appropriation be
made once and shall be of IT, IF difficulties arise
with England, there might be doubt any further aid for
at least au indefinite time.
We have but little say this evening the general money
marketere is no dminu,ion in the money The
Banks in the parlance of the day, flush and discount all
satisfactory within The prescribed time ninety days
though discounts made coming under the line Of dead
weight On the there only of
offering 100000 in long dated has been PLACED during
the last five days by broker at the of per
Stock Market continues quiet We did learn sale
dend which will be commenced towards the last Of next
month by the Canal Bank which wlead off in its
dividend of per The Southern Bank according to its
the Board Of Currency has already earned its half
years dividend The other Banks will be behind though
there will be disappointment that the Ajax will not
extra well as regular dividend.
Exchange pretty firm to-day the closing rates of
terday-say premium at the Banks for checks NewYork
Il Il outside On Boston sight drafts 60 days bankers
drafts NewYor u toN discount good fair commercial
bills from to discount On Boston III "a Philadelphia
and Baltimore IA ~ dis There variation in clear
Sterling aud the demand for clear bills 90 good though
for remittance rstc1ass drawers ask 10 and fraction
Bills with shipping documents taken at and and
Francs firm Hnd bills direct Paris have met with buyers
at 5l3sl We quote the range from 5lI1s and 5e to 5l3
Our NewYok the I'd inst. We observe The
sales of IS 600 Louisiana at 931s and 81 500 at which
shows ADVANCE 1t reported that the steamer Arabia
from Boston for Liverpool would take 81 specie
Our heavy of cotton and breadstus do be
ucien the increasing debt of the country Europe
Our gold nd silver would also if shippers could make
anything by sending ) the balance Of trade.
The cash receipts for duties imports through the Custom
House Philadelphia, for last month, 236. This on!
shows small balance New Orleans.
4 The NewYork Courier of the LIST inst, says:
sthe opinion of experienced hnancer
that The high rates Of foreign exchanges cannot be ls
iff is pa15 's pG sys
ireg indicating large shipments Of four and grain Goo
Ike staple likely induce large sprenss European pors
and in that foreign exchanges will become plenty
should like know in what of the South cotton
largely held speculation So far New Orleans be il
Guided believe that there 000 bales held her
speculation There small parcels held for hghe
prices belonging planters but they few and far
The hand, this evening" including all that is in III
warehouses and shpboard does exceed 100 bales
instead of good supply of exchange and steng there
deficiency in the which would be readily absorbed
9 per premium True, low freghs
ing larger shipments Of grain and the inquiry be app
propriaey madewere does all the exchange that s1i
days sight should rule 90 1915 in this market Tie
very moderate amount Of made kite in Bnl
based cotton purchases AS for the Banks if any Of te
been advancing cotton in warehouses, with view
higher prices aiding sustain prices shall be gla
for any information regarding such transactions. OF
purchasing bills of exchange with bills of ladng attached
in transit is regular and legitimate business.
New York dealers have been expecting for weeks til
larger supplies of exchange from the South woud appear
market but how another the amount is resrce
going market day. and at this
probability of increase in exchange being in
market that will in any cause decline in rates.
Having given day two SINCE the operations Of the Bran
Mint in this city, give below the operations Of the Mint
E Philadelphia for the last month.
IT DEPOSITS. 49,
Ch