New Orleans daily crescent., 1857-11-16
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THE COMMERCIAL DEPARTMENT.
N.S 0rltans Htsnsu alsrkst.


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The Improvement In general trads wssk
very sasseoy character great saps has come to
freely and met with ready purchasers ii very
tive planters WILL as she season advances be
well satisfied with the general reso The price Of suppes
plantation declining Pork hss already fallen
eight dolisrs barrel from ~ down s4@ss
aIest article required u tending downward Th
ought to the old policy that prevailed which
plante negecting raise their provisions depending on
other seconsfo them. considering cheaper pursue this
system which, IN nine Of en been productive Of
lasting serious injury the South. agcuturss
financial reciprocity IN course highly adj
yanageous all interests but sections OF country
not seem pay regard this policy md take
in abusing the credit Of the Southwest and this emporium
particular than in mutual insrebnnges Of trade and good
feeling 1Es Ja eft5iiy "a iaess= i76 ~ A7 Ja,
During the recent panic the financial position Of city
unustly and unaccountably aasd
transient residents who come to-day and go Tomorrow, fdr
nished probably with orders for few bales Of cotton few
OF sugar have also very their
the sodty Of banks and the sovsncy merchants
We will not however, far crieise many letters
credit which yearly appear in this marie. the being
Many Of these Representatives will wreak
their disappointment in not obtaining crops Of cotton sugar
molasses in expleves deroeatoy general comun
h We have however the consolation Of believing good
city, nks merchants will survive their puere attacks
and denunciations, they from quarter 9
There has been very little Improvement In the Wholesale
ade-say dry goods groceries, hardware clothing, etc. II is
almost TOO early for planters to make their annual visits The
country who made their purchases In Northern
cities have got caught with stocks Of merchandise
particularly dry goods Of prices fully 25GSS
higher than be purchased a this AS ev
dence this In the Of dry goods annex below he
suit OF sale domestic cotton goods IN New York last
There has been large in the city retail local
trade There evident falling on from last year this
son. IT. doubtful the deficiency b made this
Rents Of central locations stu held high
figures though all tenants working for real estate
pretors good share complain Of extoronate high rents
And while siuding real estate comparative low prices
which ,s be purchased In part Of the
city, particularly In the suggests whether II not the
policy every citizen procure homestead Lots Of ground
can be very terms building materials be
obtained low mechanics and aborers will work for extremely
moderate compensation Now the time for homesead The
business durnghe week has called into circulation
larger money though the banks still the
same rgidnes weeks past
money offering the street and general
disposition evinced by buyers Of invest This has
led TO negotiations and sales to-day Of short time accept
ances at the Of 294 per cent? and little double Al at
1A@k. @F f.s
weekly statement Of the banks very strong The
specie looks favorable. It will be that the
circulation still coming in from the country Those carpet
bag operators frequently lowering
about the past undecided whether gold
New good drafts They be accommodated in any
way circulation Of the banks Is lower than 1t ha
been years. The Bank Of Louisiana s but little hal
million. The exchange operations Of the week have
caused any expansion issues they paid
one day the The position Of the four OLE
show them to be 81 900 above the requirements Of th
aw-strong enough, presumed to meet any crisis Th
position Of the Southern Bank has been through th
crisis strong Bank of Robb also strength
and moving very favorable The Granada brings hi
hank 81 "a 0OO in California.