New Orleans daily crescent., 1857-11-20
Nen OrItans Bulb Grtsfent.
THE COMMERCIAL DEPARTMENT..
Asm 0rItans Nlonep Hlarkst.

..t. CHESCENf OYFIcB. No, no Camp i
Thursday Evening, Nov 10, lSc7.S |
Tho features Of the general produce financial market
day were favorable The European sdvces by Tie Niagara
appeared have effect Believers
consider the advance Of interest by the
England value Of II the old Thunderer can alarm
the other side It's very little influence
market. As nated in issue this morning
should be at work again to-day and the NsgsrAs advices
into oblivion before O'Clock appears might we'll
have II O'clock for buyers IN full force by tat
hour which resulted large transactions any day
Of this season. II r-5l5 .4i8 - Il
The money chsnke There Is some dis
position evnced by buyers to invest avs only to intimate
capitalists and dealers in that they reap
harvest tits they had better sva themselves Of the
present time We verify believe that money WILL before
OF January next decline argeyn fact should be
surprised that 10l2 cent would be the maxi
mum rate before that tfUe 4'.-s5fa-
There large accumulation Of specie the banks and
they far shove the requirements Of They
never stronger position. We that the Canal Bank
this morning. S660O 900 above line This strong
At the Time the circulation Of the banks daily dn
ishne and the business of the city approximatng resi-
metallic basis as possible to be Of advantage
merce and trade. ss7 seiF
market quiet The only we heard to-day
shares Bank Of Louisiana 1885, Those wanting In
this moment to defer moving until the public
sale Of Paey Co. take place Saturday next We learn
Of the sale Of 81 500 Crescent Mutual Insurance scrip Of 1857
and ss 900 Merchants' Mutual 1857 at 5Oc per dollar
Exchange to dsy torpid though advance Of X
cent grades Of clear bills fully established but
sufficient quotation The ordinary sales comprise good
bills l0l1l02 1Os Bills Of lading quist. but
mandsg s@O0 Francs took something Of broad range
nling 60O@s to 65 Northern funds in fair request
sses Of sight in New York at l@2 cent discount One
days sight three and ave days sight as discount
days sight discount No talk yet about sixty days
sight The Bank and Cizens Banks selling checks
at per cent discount. The Canal Bank Of the
to-day though piled up with specie There is strong
part OF Of the banks oppose any
| advance In Northern funds t 5r-.z..- ..s-s-s-
The late Governor McRae Of Mississippi contains
the following We have heard whether the recommends
ton Of the Of tax Of every dollar
Of bank paper been carried But the Cover
nor suggests that handsome may from the
imposition of tax suggested any such
appropriated towards paying the bonds Of the State
Panes Bank also include the bonds issued
to the Union Bank We think Of per would be
cheeruy granted majority Of those who hold bank
| If it was appropriated towards these bonds:
At the session of the Legislature passed to
of nve dollars in this State. Under the
Of two per cent? laid every hundred dollars Of bank
he for % o e
bonds note. bills oi M sxes.ngs Til. fer the mos,
made and collected only those Of
which they pay license in dealing gold
bullion bank bills Of exchange l. therefore,
bank paper any other sate circulated IN State
the bona de whoever be the holder Of
ahe tas Ths have The % the
the State Of foreign bank Of doubtful char
appreciate the value q hs. which Is
the exclusion Of bank notes Of other States will
Of coin. .-''
The following the report of the banks Of the
South Carolina as made on the 3lst October 1857: