New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-05-11
ytm 9rltaals Hlontu Nlarkts.
CREsoEHr OrEIcE. No. 70 Camp street,
Saturday Eyeninv May o. 1897

8}'a CREauEAr OFFICE No. 70 Csmp street, !
Saturday Evening, May Q, 1857. !
At Of weekly or general review severe
storm Of rain passing large section of country ada
cont 70 city Great damage has been experienced
cotton and In sections the damage
whilst in others little injury has been sustained the
aggregate however, the cotton has suffered seriously The
prospects for anything Of moderate atte
than any previous ms during tho season. The storm
has been followed by wosk Of real spring weather. and will
undoubtedly highly beneficial cotton sugar and corn
Il that now ono Of the most
essential products and ought not BY no planter
great Millions Of dollars are annually paid by our
planters Of State alone which by some
and little attention might be raised almost boupdess
policy Of tho very kind the planters Of
Louana be dependent States for corn pok and
bacon II however, would probably bootess us to
undertake to convince planter that the way independence
to raise everything susceptible of cultivation long cotton
will command from 10 is per pound Corn is now
selling in sections Of our State dollar to one dol
lar and twenty cents bushel and think
and dealers in provisions managed the pork market
here probability that that article will to something
above SIS BARREL deliver it on some plapta-
tons in Northwest Louisiana nearly $50 per barrel particularly
planter has drawn DRAFT anticipating the present
growing crop paying ~ commission 81 per cent
interest making IL cent which, added cost of
rel Of pork with incidental charges will make barrel cost
delivered plantations fully foregoing price With
this and similar prices for other supplies which
raised every estate many planters
taking journeys Of pleasure and recreation Northern States
will be difficult task for sections country meet
all liabilities unless cotton should high returns 1t
will not be safe, unless under extraordinary results
expect that another OF similar prices the
ing, can be realized anticipated.
The time for the usual falling goods groceries hard
and other branches Of note
decline in sales for the weeks There ars however,
more sales making than a the corresponding time
may not be unreasonable to expect for the few
general business and beyond the ordinary
the Our railroads progressing isposabe
force labor and being called into requon
completion Of the Memphis and Charleston to the
impression that the trade In city will be of considerable
during tho entire To be
added the increased communication with Texas
iskmcn Of good steamships semimonty carrying United
States maD with the Southern Of Florida The move
Of the Tehaunpsc association also great import
and from indications will be pushed forward energy
and spirit Lastly is the Pacific railroad the directors of
which preparing and taking the necessary steps
tend operations With all these enterprises moving and the
steady enlargement and extension of the various of
tercouse far and confidently look there
will be business city than
previous heretofore This will demand all the
within the control of the Banks md require
ton and the remaining in the city whinits suburbs larger
proportion OF Bank Directors Managers usually
to be found here during the summer months
There has been considerable real estate offered through
the several auctoneers during the week. without meeting with
much encouragement Many parties DESTROYS selling
too high prices Then, again, there is of
scrptons Of buildings The extension of
baure property within the last five years. enlarged
for buildings for commercial purposes and many
erected than the requirements of business justified no
decline in the prices in the rents property centrally
There dwelling houses contracted for
Of erection than has been many years There is
scarcely Of ground in the Fourth but one or
more going It is suggested that those
eve the prosperity extension of Orleans to take
tonr Of observation occasionally through the upper district
The most important sale of the week sugar plantation
and negroes with all the belonging
Andrew Hodge, deceased comprising arpen land and
155 negroes and probably the estates Tor can be
made one) in the United States The whole adudcatea
Messs Voz Lescene at two hundred and twenty thou
sand dollars
Tho weekly statement Of the Banks to the Board of
Currency this morning. exhibits items after
adding to the amount of the eight Banks discounts
Of the Bank Of jaime Robb there curtameut Of Ss66i
and after the deposits Of the latter Bank in
that item proper OF over half million of dollars.
While the deposits and circulation of all the Banks have
fallen Off the deposits and circulation have in
creased Notwithstanding the prejudice hostility some of
the Banks
A dppra in nulntsnY IF cg--a.