New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-27
Wem Orleans 1aap G.sstsrt.
THE COMMERCIAL DEPARTMENT.
Ntm ORLEANS Hlonep Market.
CRESCENT OFFICE. No. 70 Camp street, J
Wednesday Evening August 2f 1887

CfEsCEFT OFYTCE. No. 70
Wednesday Evening, August 20, 1857.
Everything pertaining to finance to-day quiet quiet
falling of ia the amount of offerings in Bank
for exchange there was very little Offering
Dealers did not seem inclined touch bills largely
inmating that they preferred wait day or Two Much
complaint exists and believe there are reasons for at the
very great rreguay of the mails The water courses cauno,
any interruption this Of the wear to tine regular
daily transmission OF the mail Sight
very firm at "a PREMIUM and drawers seem inclined to
a. However cano. long be Sustained
II based the panic in New York. because that will only be Of
brief duration. There Of AL sixty days sight at
~ and other good bills through medium
brokers ~ discount The range the market being
from ~, 92 per cent discount for good fair bills We
did learn of sale Of Sterling to-day any transactions
We have only the essen.
tially' dull and inactive We learn sterling York
| has declined quarter and over since Saturday last
There not sale of stocks in fact, the stag
nan and dull at period of the season. though
| ask full rates.
New York paper, of the 18th inst says:
The market is increasingly active higher interest,"
and there is very little huaess paper Of The best quality
Foreign exchange is a Sish but little activity Sixty
| drawers. Paris, 5IS2ag5 l61s.
million Eve hundred thousand dollars but this Shipment VIII
shippers sell their bills freely they the
The bank quite expected but is
evident that the banks must ose more specie during coming
daoh still more large of exchange bought this
purchases of very high rate will be
saved to the country next year it Louisiana fufls its
We what amount Of it is believed
siana will produce this but the maximum taken
hhds But high enough ideas already promulgated
through The West regarding the crop State. M
souri, Democrat Of the 18th nst in remarking sugar says
private letter. dated New Orleans August directed
large grocery house in that city, says that sugar crop
| unprccedentedIy large.
should like for the writer of above letter. which
the above extract what will be
large crop The largest raised 932 hhds
346 635 hhds the 32 93 hhds it is only ihe
since has been cultivated that the crop exceeds
1900 hhds Those writers who pretend know the where
abouts Of the plant which yield this unpece
dentedy" large will favor with figures and estimates
to be had Of the oabe product of each parish in the State
The teeraphc advises of the failure in New York of job
Thompson and two Others the of which must be nco
The telegraph intended undoubtedly say DE Lama!
1sen Clark, bankers and f. Munroe, broker. We shs
know fully when the mail comes. which will he tin
week In the meantime, have the best Of Fl
asserting that houses having close connections with Ne
Orleans implicated the trouble only embrace raoa
stock jobbers.
Books for subscribing to the additional stock the capital
the Bank of America opened No. II Royal
under the superintendent Of the Board OF Directors
The charter having been adopted the original subscriber
the Bank will commence blu mess about the 10th OF October
the building the of St Peter and Old Levee
with the original amount, say S5G0,0G0
There have been received yesterday and to day sos 900 Mex
dollars 10000 from chihuahua via St. Anono whic
went hands of Meel Co., and S35 800 by the sch
Mnna Schiller from Brazos ST. Iago, SIT 900 of which
sold At 106.
The ste atrship Cahawba for New York has freight
100000 Mexican dollars shipped by Of the Banks.
$4,000 Mexican dollars, shipped By II. b. Nerrell Co.