New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-10-02
Nsh Orleans Bully 6rsstsld.
THE COMMERCIAL DEPARTMENT.
Nstu 0rltans Nlunty Marktt.
CRLscENf OFFICE, No. 70 Camp street,
ThurBday Evening. Oct, 1. 1857.

Z
iharsday Evening, Oct !, loo7.S |
In commercial and financial circles there was an improved
feeling to-day The low figures to which exchange has
fallen has encouraged three and Two large
Operations to-day to considerable extent com
pared what they week Clear sterling was taken
In round amounts and bills Of sdng drafts we're sold at
o. We quote this evening clear bills from psr to per cent
premium and bills OF ading drafts from qa Francs ve,e
sold to-day 55 Paris direct The range Of the market
however from rather to be sure but It Ia 3d.
In domestic funds there checks on New York at
IA premium some seven and days sight drafts lhlk
discount sales OF sixty days sight discount There
also sales Of round Of AL signatures at cent
discount 1t will thus be that the Is at extreme
range OF quotations.
In the paper market quiet oday. There
some few transactions OF three md four months l5s
per cent The quantity Of market much dmn
ished The movements in cotton to-day give nduable signs
Of return to life after several days of queness
The transactions in exchange while leading
of great profits strengthened the confidence in
future though at the of the great interest,"
while the ehe' "noded at this unctare has been of ncalcu
advantage Dealers have now entered in the market who
have Kept aooi Tor weeks deferred by the high rates enter
be altogether guided by the Banks in New York
might pursue but when rates receed Views they
on oy 'ne Of
We never entertained the thought that the an. If Ne
would suspend The ananeisss Of ths. metropolis were well
that such course would lead retrievabe osse and
H., West ,bi EVENING - ~, " as. =, ne .,ss III no
mixed nm repornp iii. that and m o,hs nd v i; If =
sai.factorv aractsr can ho ca,,a,.a r ,tN VII a.
copne Ranks In the opntrx ara s.rorin an 40 ,arch.n,.
blu, we are again the New YORK vonld hold
| Of this w. we're we'll aware -
| opr Ranks are moving onward with ,oue-bat ~ d;n,n
;sbed basis az coin but This we consider
The from foreign countr, are at the
height and considerable coin required for the
| duties at the Custom. House
There sale, of MEXICAN dollars at l05 Int the
demand and nice fall off to-day and they cannot he ouoted
resembling the instructions for the purchase of coin
seriously to the business our CITY, Dollars are now sell
ing nearly two per cent below the standard price This
and strong ought be made to the Depart
en at Washington against the continuance of this obnoxjou
Our Branch Mint is capable of rendering great an,
efficient 10 the Southwest and the West All that
sired by our that be placed on the same oon
and equity with the Assay Office in New York the Mint II
PbiIadelnbia
The money editor OF the New York Journal of Commerce
something on the facetous
staring the merchants in the face he ndtes the following
amusing transaction which to have occurred in Pha
delphia The prestige credit city departed
There is much written and uttered iberality
the banks but those who complain most would be- perhaps
roh n nrnJauca on I nart NJ thess ;ns;tuons
We doubt if any of our CITY banks have been close
of their sister institutions in PHILADELPHIA It's reports
iatad ~ n ;ns nms ,;nv arar ". snr Sxa da.rs
thirty days coverr down The back
men:s from his pinned to i Ten dollar OH
me se i n ~ eSi,ea., aa ,nen 1 ~ ~, d
The article Of ,bs london Times of the 1l,b ul,ino
o,t,;s .xs,dad o,,os IN ro.-d q, .h en,,c;., crss
Nev yorL ard American sa,,i,;os o.ru T, saro tha,
oor,..,,,as a. a., ,,,e 80; ,.;.s n 4 IN Ero
a,J 30 e.o, a,, % d r,;,,,o,s ,ra danr.,otos ~
onothy axLh;.d h., oon,a.s DC e. ,h of r.f
road affairs concluding ms foos Wbs This total absence
prevails in England there is actually powerfr
combination IN the ether s for the svoed nurnos of hne
ing all the PRINCIPAL TO ruin Unlike those of an
| 49, oun, DO ,ori,, ~ ~, ,aoain vr.,,,.,ors AZ M,
yo IN tho as NJ as,rac.t;no .tio,a, c,ed;
whether this arises from the extent 10 which American lail