New Orleans daily crescent., 1857-08-18
Neu 0rltars 1ailp Grsstert.
THE COMMERCIAL DEPARTMENT.
Nem 0rlsans Ilpnty Market.
CRESCENT OrvIcE. No. 10 Camp street., /
Monday Evening, August II, 1857,

Monday Evening" August II, 1857 |
The week very quietly moneyed circles The
offerings Bank to-day only offerings the
Banks diseounng the season the
year The market outside s however, very easy
borrowers but how is it that Bank offerings
beyond its income. and other confined
small limited amounts.
The offerings of paper the street to-day were limited.
Some negotiations of six months at 10 per cent and
II cent But under the expectation Of fair
Of sugar and high prices for cotton the future is
strong very strong and far city concerned
nothing extraordinary should
occur elements interfere with the prospects of
the present
There was few transactions in Exchange oday The
checks s premium both the Bank outside
though operations closed they exceptional
be considered general quotation for remers
Sixty days sight Es4 and H46slk discount Foreign
change however weak closing of Saturday,
and dealers sterling have realized advantage fully
az over higbe figures Of last week. We
extreme "a, 9s9<, according the views Of
buyers Francs 52495l64 without any large transactions
taking place. the market ling in favor Of buyers though
there not sufficient amount Offering for large operations
The have been called to-day for cOin The
annue for Arkansas have been deposit for short
tnelhey the Indian Nation the bidding and
will be here early day merchandise
The market unusually quiet Of the sale Of
Union Bank auction advanced figure OF
ll2 1888 refused for Citizens Baux dividend Canal is
held ll9 There however, very little inclination eyinced
to part with these stocks unless extreme high
| We learn that Mr. Edward Chapman to-day elected
President pro Of the Bank Louisiana place of r Buck
left the city this evening for short and who viii
have something do with the opening of The
cotton market in October
Advice. from Liverpool the 9Th received to-day
They had no Market is presumed mos
every with the trade has arrived
some conclusion regarding the yield Of this
From London paper extract the following ine est
ing article regarding Of the great staples:
In the pressnt @ @ ] e aga @ .ea usreTe
They from 1a y M he
.Sector General toe Customs the fac
that between and 1874 the Of per hea
.nd ths ISL sa's Wa, actually doa6I+d Be'~ss U ls
did n 'as ns ss"as
a,pna per head TaS " 4
hs in s e
S. ID per cwt. higher than the fourteen an
sn hs Of Sa ISL PiS%
edaetion eontinsed commercial chang
g and up ane he
ing as the produce the British West indies Within six yea
and in is6 the supply further and cope
by s 9n ae s Rs
price declined and in 1880 was S 3D. per CIV
1876 the bounty British refined was reduced nee Ia
IN @ s M dsa be eey
the dgy An increase in consumption % s sen
|
til sion of IS5-Sl9 level of consumption Is lbs o.
tween 1880 1914 and 1881 l9 lbs. per head
lie consumption however, never rapidly and continuously
creased between 1919 and Si5 than
successive years the entire period scarcely reach
the average and in the last Of the ter m
had been sensbly falling off, and lbs Is lbs, and in
5Ibs per The price in relation to other things was
high to othe
nd soon therefore the changes which admitted in 1874 free la
sugar duty reduced duty, and which commenced req
ton in the general rates of duty, were not made.
CONSEQUENT them immediate increase OF consunpt
onk place In 1876 lbs. Subsequently the duties
further reduced equslsed and considerable degree
general coexstng with these changes great mere
In the prior 10 1914 the pr
the fell Il cent below the pflce al
1876 and the increase of was eAae
doubled from II lbs. in 1874 to IA lbs per heat
s 1851 In consequence of the additional rates imposed or
M purposes war 1855, the consumption fell TO ~ IDS
e head in 1856 q lbs The great consumption oil
NJ the stocks and in 1855 and 1856 the price reI
Iu tive duty the cwt and IN
was higher than any subsequent to lof The prlce
again present year. though the consumption NTH
n exceeded somewhat the consumption OF 1900 III
changes the price and consumption sugar are very
| structive