New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-13
Nem 0rleans 9ailp Grestent.
THE COMMERCIAL DEPARTMENT.
Ntm 0rltans Hlontg Markst.
CRESCENT OFFICE. No. 10 Camp street, J
Wednesday Evening, August II, 1857, I


There not solitary operation in the money ma,ke to-
day worthy of report The offerings in Bank were largely
the respective income Of each which would seem to
indicate that there are larger calls for money than
granted We have, however, TO remark
produce that Is confidently be
within sixty days no. be overlooked that our
sugar actosip fact the entire commercial interests Of the
cyae yet relieved from the the sugar crop Of last
year consequently there will be money beyond the
nb the Banks for perhaps ninety DAYS to come
At the time do not believe that will
difficulty for those desiring to icipae their bills receivable
IN obtaining all they desire 8, 0loto 112 per cent
There nothing done in stocks to-day. All the of
the various Banks held and many Of them above the
last quoted sales Canal Bank for instance held H. The
ls sales this stock account Of parties in France
though might have stood in the name residents
believe local holders would Of the price, Citizens
Bank held at 49, and some parties desire part with
than 200 State Bank firm $780, exiydend Union
Bank held a, no. but do of any
that figure. Southern Bank offered those
ing this Bank appear willing to stand by it, Bank
of Louisiana is 30 The Banks Bank America
Crescent City Bank the City Bank going yard
this latter Bank will located on the corner Of
Magazine Streets good 1ocation-n fact one Of
the best in the city.
exchange market quiet Banks have all advanced
the of checks New York premium. Outside there
is little variation Private Bakers ask the Sixty
days sight taken to-day TX discount good bills
Bankers ask lSl discount. The market for New York
funds has upward tendency.
The movements oday III sselng tlO0 at 5l6
93i with first class drawers for holding 9l0
per Bank is l0t premium. Francs quiet The
treme of commercial bills being 52O515, and Bank
drafts 5.l2]a. tE.., ,T
We the Banking House erected by the
of Orleans and forming the Exchange Alley and
Canal street. and which has been occupied
Messrs Samuel Nicholson Co., has sold the Citizens
Bank $50 co., This is desirable location for Bank
and with little outlay expenditure be made most
splendid building for Banking purposes really consider it
doubtful policy for the Citizens Bank paying the estate Of
Macdonogh thousand dollars rent for the
building occupied we have to learn that rentals
paid the Macdonogh estate likely the benefit of
whatever than Of lawyers This has
great feast courts and lawyers The oil has been
years but the lawyers all alive likely
continue alive.
alluded last the sale 5000 bonds the
State We satisfied there has been great eguariy in the
disposal of the bids Besides the bid which accepted and
that of Pafrey Co for SO J city consolidated bonds 81
and interest. which within the tenders invited by the
State authorities there tender proposal to sell S2ON
o. bonds 49, enclosed in put the Post
office Of this city the 9Th of July addressed to the Auditor
Rouge postage stamps being be placed
letter. (which however the of the letter is to b.
blamed for The letter kept back, end afterwards for
warded the Governor Baton Rouge reached him
the 4h Of August The mystery Of this proceeding is WHY
the letter forwarded At the time the Post
Office afterwards, without prepayment postage
The tender Of $50 000 at S. wond have been accepted
is the award has been made Messrs Miller Forester
through Mr. N 5, Pike s37 but learn that will b
the fact that lower prices named for til
| full amount.
new YoRK BAHKs.-The following is a comparative
ment condition of the New Banks for the pevou