New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-04
ssleu 0rleans :gtl oasg Nlarhet.
CaEsoEnr OFFICE. No 70 Camp street
Wednesday Evening, June ), 1857.

49, CaEscEHr OFFICE, No 70 Camp street. !
Wednesday Evening, June s. 1857. ) |
Yhera was rather more activity business circles to-day
though il is not expected any improvement in business at this
late period TO be realized but there much
doing in any former season,
The Liverpool the 23d nit brought by the
America are regarded with considerable satisfaction Although
public quote material advance in cotton yet
ii is known private dispatches give advance and should
MT he surprised learn that the letters when received will
about 18th ns confirm actual sales Of Middng cotton at
Sd many forwarded over the wires by sug
gestos liverpool and paid for by Liverpool traders and
spnne expressyto dspress the New Or
leans market We however, think their efforts will prove
fue 10000 bales Of cotton here sale
can be- held present without the least Inconvenience
tose New York who poorly off for business
continue nde their weekly nonsense about bales
aud which have been nayigahe since December
and palm of their ignorance English spnners
but really time parties the other side should be
looking in New Orleans and Mobile for
regarding cotton and not the
verbags eanaing New York weekly from parties who
know nothing Of what they write
The money to-day unmsakable evidence Of
free snppSabont $4,000 long dated paper placed at 81
per cent The offerings in Bank only moderate and those
were very literally The supply Of money continues free
at 90 and IL per cent? with choice signatures being
placed At ga for paper maturing in March, April and May
next Some paper maturing in November has been negotiated
within range but this is exceptional though
some parties think it will recedc to that
There have Of stocks r. Tsay 40 shares
10 State Bank prices ali kinds of stock continue hold
up under prospective dividends We heard Of sales Of
bonds today. aap aGBE
We learn that an established house Mobile under
the necessity OF suspendipg payment Saturday last
The steamer Empire City for New York tomorrow takes
4 freight SOME 6pecie-say ss
Shipped BY p. b Merrel Co., silver bullion $50 ooS
sundries. 5000
$4,000
The Branch Mint will operations early next month
The interruption from extensive repairs has been OF long dura
ton-say months Great improvements have beer made
which we think will last for Ut least twenty years
The Exchange market frn to-day though three of the
Banks willing drawers for sight New York 81 prem
The others asking and caring much to sell at that
Sixty days sight bankers bills 5s@ discount Other good
grade bills IS4 and fair III discount Sterling quiet
have only to repeat yesterdays ratessay 901o
Francs quiet at and Union Bank drafts 50s@
& sos, according to time. @.l
Treasurer Of the Mint $4,000 York
the market We approve govern
ment going tho exchange bill husness really too
diminutve trading II the money this
point in New York and other places he gold
be The creating the Independent Treasury
intended place the Treasury Department attitude
Of bill broker dealer in exchange. Our Banks
the expense yearly of importing COIN and II Mr. Cobb
money here let hin send here conformabe to the intentions
of the creating the Independent Treasury repositories
allow the gigantic power of the
with private rights and individuals.
condition the Banks of New Orleans on the las
Saturdays of May, 1855, 1856 and 1851
May 1856. May, 1856 May. 1851
$gS'sss $s9si lSSsss
Short Loans. 43S26iT 1864 35j 1899 SO
b bas b,sini i ssss f sssss sisss
Long Short Loans May 1855 -,
Long and Sho Loans May, 1856.
Long and Short Loans May 1857 24,4l04S
The foregoing confirms The steady Increase business
city II there increase surely people would
occasion go debt Increase their liabilities
been any ZEAL estate speculation going
privately parties having in the There
cotton held here for good prices and there have
buying of and other articles of consumption
does in the aggregate Outside Of coo
We give the following the latest from the ST. Louis Pfc
curreat:
The nppcrr all in fine navigabe order
ceips produce have been light excepting
other articles, much below those of week
sion hemp, being confined mainly domestic
supply orders fhs supplies pf -four provision
in several Of this and adjoining different
being derived from this market and this likely
continued during the The weather
sunaby cold since last date though clear pleasant
tue two weeks
The money market gradually easing up is still clos
and paper Offering iscouiting nsi
tiisns supply and in rati
there little change Sight Exchange New Orleans
fismd aaa the buying has advanced
discount. aud te selling rate 10 low parp4 premium. Fe
bills Offering Hpd they purchasedsa these
SO days aud Interest," 60 days lac ~ and interest and
discount and interest," On the Eastern ei
exchange s.sady and quiet with moderate business. Sig
premium aas time bills bought follows 80 days
Il u aud interest, and 20 days
discount and interest Currency in moderate supply and d
buying rats ranges FROM i@2 per cent discount.