New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-11-27
Men 0rleans 9aiIu 6restsrt.
THE COMMERCIAL DEPARTMENT.
Nen @rltans Mlonsu NIarkst.
CREscEHr 0yv1cs, No. 10 Camp street,
ThursdAy Evening, Nov. l6 1857.

~ t7,374S = S-1 1
a cR5sczsI o,ncs. No. 70 Camp street,
Thursday Evening, Nov. no. 1851. 8
There no important change in financial matters to-day.
The only disconnng to-day the Bank Of Iouisiepa
There something granted applicants The position OF the
old Banks ID strong and powerful 10 the Southern Bank
which has proved itself by the pressure panic
strong attitude The other free banks working
ably But what atacts attention the
warded by telegraph all the country
have resumed specie payments This not in
but In than twenty notices papers standing
observe the remark that the banks Orleans have
resumed specie payments Now We desire that all edtoss
WRITER'S one and ALL should know that there necessity
for any such gautou remarks the banks Of New Or
leans did, in body suspend specie payments There
three banks out Of nine which, In Of panic
excitement did decline to their liabilities yet within
forty eight determination they commenced
redeem their issues So the telegraph dispatches which
travelling the country that Of New Orleans have
resumed specie payments altogether ruthless
banks Of New Orleans as body have suspended
payments.
In the general market to-day there very little
ing. holding back and will ere long dictate
their Possibly those who any surplus
might find advantageous to send to England France
inv esen OF this have great doubts verify believe
tina. money WILL before the FIRST Of January next offered
freely here at 0l2 cent The from New York
to-day indicate growing In the money there 40
months paper selling at SOTO This
favorable indication. We also learn Of the sale Of Louans
| six per cent. bonds at 7ss and interest. JE
Exch.ngs to-day had dropping feeling The banks
York They bought at 1@Ix discount Outside there
sales at the figures with OF fifteen days
sight at 2Z3 cent discount There was nothing done Ia
time bills Sterling not largely operated n because thers
was none Offering We quote clear Al bills at lO4@o Bills
Of adng l80@10l 10 l03 Francs purchased 56
the rsrge Of the market being from s7o@54s broad
enough the market all rsuud cosing in favor
buyers will be hill work to get exchange for
the present Az remarked will be price to-day and
i another ornorrow. 54
We by private letters from New York that the banks Of
that city would 1t specie payments it were not
for country banks Of the stae-as s the day OF
far distant tits in attempting TO dsguise the
question: the fact H. all quarters look to New York the
financial at the time, the banks Of this city in tho
| recent panic, were not controlled by Its influence.
There were no sales OF stocks to-day Holders however,
advancing their figures. 73
Specie though going back to Eurspe from New York about
fast as came having gone by the Arabia yester-
day New York for Liverpool and the Adrac 6aur
day last having taken &5OOO In the meantime 10 now,ng
toa,dx Nev r,.ana Int In very small snm. The Daniel
f. | - u. =. - - =. -. :. -,.IA
+ 70. The State Bank The Canal Bs1i today received
.r., n nile The ,oderaten .,nont NJ sa1s nm Coin II
dropping in from other quarters from St Ioui.
to-day brought 90 $685. Mexico Texas $1272
Inc 'oes"et 70 ".'o se ''is ue.5 w .eo"e '" ~
SO that the wheels Of finance are working very WELL
me s,a ., ns M a 'o'p'ea ~ s
Ths conn. b,ougbt Nv The vsnds,ht and b,cb formed
M ,hf ,onc If rer.r vo.te,d.v have .ponntad N iux
nothing at Ill II il nret,v conclu.y. ,ba, rest any d
no'n'ns ~ ai A.io pie.y conclusive. 1as So ' ~
patches are made up for effect Apparently no from
time presented varied and gloomy aspects
as tna' poDhsnea morning. as .ne
hereafter a. we have for long time deemed them be
t 40 nrcb Peooe ont crarv and frightened II
England they did the 18th. 14h and 18th
October city They talk much about consos Now