New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-01

TONS The heavy transactions being left resi-
dents Buyers operators foreign account not
market till later period. Tho month of September isoa
closed greater animation and extended business
than any corresponding month to be found recorded IN Inc com
mercial archives of the city. tf+ A
October was in with the most favorable accounts Of
ts cotton crop receipts increasing with
demand the first ten days being by al
reInuneratng prices Large receipts OF nerchahdro rom
Northern European markets to enhance the gehe
sns formed another feature Of trade for the month";
g b increase Of every section of the
country connected with Orleans either by geographical
commercial pscuniary social feeling and ties
"Ts money during the month under the heavs SAFES
OF produce was abunday supplied at per cent Tor strictly
nms good and other grades from 0l1 to 1874
cent, The limo of deposits with the Banks increased DUR
Ing the month 81, 06l $50" -..
On The Of Oct 1855 the following appeared in the daily
money article of thispaper:
Busnsss continues improve Our eves particularly
very lively The large arrivals OF vessels
have impaired life to everything connected with the re-
csying forwarding of merchandise Our wholesale dealers
in branch of trade feel the resumption of business
sales and the continued arrivals of
by every which reaches eve In
and nas agae and clamor about the decline
trade but do not the evidence Of It, community
progressing onwardy, cautiously and surely there
of that oaheadativen.ss which often
reaction nnavoabe 10 the general welfare Theorists may
write and about produce seeking via the Western
railroads. The increase in production in the West
less OF that increase New Orleans will receive
good share the surplus to other markets. but that VIC
shall have good portion there remains doubt. When the
Mississippi changes towards ths lake
in the woods then shall begin consider destiny
The of November was aepded with favor
able weather which had prevailed for seks fastening inc
rpenng sugar forwarding tn, picking Of cotton Al this
parties city forwarding accounts 70 the
West that the prospects for large yield OF sugar were very
favorable. the last Of October wrote as follows
"Thers are very estimates l2nOOO hhds, while
100000 hhds considered the most probable, and some e
mates good sources do not exceed $1,000 hhds"
dealers the beginning OF
November 1856 thought that the sugar crop would descend
below 900 bhds. yet memorandum before U.s. casually
given by one Presidents of Banks the Citizens
prsdced that crop would not exceed those figures o
course ,s heretofore month Of November commenced
very little animation other than that given by the heh
vancng prices of cotton The general election OF me
United States being President and Vice President seemed
to be e absorbing the first ten days OF the month
Money became more demand towards the middle OF the
month Many those connected with the sugar interest com
preparing for the Cotton to freely
all through the month"; meeting with ready purchases lot 'hs
North France of the continental markets. while
English buyers would not venture TO enter the market specie
was shipped in large New York England not
withsandng exchange only 81 premium in wall street
The sales this market the third week in this
month large operations in exchange were also
made produce to market in large quantities
requiring increase of currency TO sustain ike market
Money however continued accessible at the rate OF eight
cent, for five and six months OF the city issued 10
the Opelousas Railroad offered in market during this
month without favorable proposals being proposed other
than by the Louisiana Mutual Insurance Company which
satisfactory to the managers OF the road
As tn. month close the market exhibited
signs enlarged demand On the 9Th Of the month tNov
wrote as follows:
1.-The demand Banks discounts continues we'll W
to- and and then beyond their ability to grant AT thi
year great discrimination has TO be exercised OIL
part Directors because the requirements OF the coto
be taken into consideration in the way Of exchange
tits equal porancc the great trade of our city iha
every facility compatible with the welfare and benefit of Othe
be extended to exchange operations not~ith