New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-03-22
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CRKsorsr orrion No 20 Camp street
Saturday Evening, March 20, 1858
The activity iveIinss and animation business which We
weekly summary have marked the
ado for the week closing In branches there have
been greater brs with extended transactions IN
fact, exception Of slight essanng In the
great staple the week closes under the satisfactory
auspices though perhaps in measure might qualify
remarks concerned there being evidence
that much disappointment has arisen the Of mapy factors
and planters the stationary prices the past tweay days IL
other great STAPLE sugar. have
fed with the returns Of the last two months business some
expressions Of dissatisfaction from the par who were
compelled 10 yield the low figures ruling early
and IN taking cursoy view Of State prospects, general
agricultural and commercial interests appeared more tat
sng II the spirit d Abseneei il abandoned plant
ing community refrain from leaving stare been the
with share o past encourage our
heme, industrial md mechanical interests, should
hear those everlasting words hard times endlessly
r.psaisd. Is doubtful policy planter. to
Be yearly sending to Ohio and Psnnsylsan for carts wagons
plongs and general plantation uiensr the best Of
timber rong and going TO desiru tiun in forests
New England for shoes and spend hundreds Of dol
hrs yesty support Northern clothing The
gone from Louisiana for the past twenty
years for cishng alone will millions dollars aud
those traders who have followed the business this city
large number, EMO ing their wealth Northern
States perhaps Of them laughing aside the good
they achieved 10 this Of commerce. and the
which southern planters literally pandered their schemes
and desires.
During the week we have received advces From Euope Of
shc Sd and 9Th Inst They have had effect on
general market The by the Arabia at hand 10 day
have been before the public suceui time 10 have
their effect The canadas mails received to day with
dates from Liverpool Of tho 2h and Manchester the 26h
Tho private Correspondence generally OF cautious character
and niInang that officially might be spprebended IN
financial affairs which has been IN degree confirmed By
suspensions In Manchester II ,hee has been
any actual real recovery In England from the revuson
has been rapid and with the exception active business
lin awtnr
the natural laws Of supply and demand We do no; perceive
that the position Of commercial aud financial affairs IN Europe
bear that favorable Interpretation which prevails the
Of many parties Money may be plenty cheap but rhai
utility and advantage will be il business doing to
require its absorb Its pentlfnnesa Ii Il great mor.
tune at times for individual hsve money or loo
high credit and applies in general well special cases.
to nations we'll as individuals.
in summing the movements We have 10 note
very active business in dry goods and groceries, well as many
ether branches The trade OF universe appears to be
Dry goods This from the cotton and wool are in
market until they dispersed into rags Take the
impoStaions il into New York. the greatest
parts composed dry goods Look the manufactures
and capital employed in New England and the greatest
composed Of dry goods aud this branch Of business
suming important attitude and control IN the
and uado Nsw0reAns Ere many years influence will be
IS IN Nav York paramount and the ramaeAtous sxlend
through the Southwest Establish direct communication
with Europe, and the influence viii be complete.
The ocers have made large sales this week, though Is
spont tnc TOT eoue accihe
hee not quite much ready money alb FOR purchases
desirable. In hardware clothing shoes and hats "a
Rus thee have been large In departments Of She
fancy trade millinery and geweAvs activity Of
season has been obervabe nevertheless there has
falling On from last with failures BY parties
Who laid In stocks previous tho rsvuaon Vt high prices
IL is hardly necessary TO review mmen.e trade OF the
steam and ship andngs-shat H. great evee from the up
per limits q The Fourth District Be Of hs parish Of s.
Bernard below distance Of nearly seven miles more eo
o imposing snd magnificent the devo,ess OF com
inefce, cannot be described in few lines
Tbs money market for the week has been daily commented
10 day being the last Of the week was as usual active
Tbs running and collecting here and there the crowd, a, TIC
paying eerk Of the various banks particularly at the Achilles
all denoted that day Of exaornAry seivy va. passing In
tho paper market there few sales fact we only heard
81 small sums Of long dated being placed 10 a Hin other
respects the paper market passed quietly The offerings In b.nk
large considering the great amount Of business IN
The banks have during the discounted beyond
their income and with he investments in exchange an i'm
creased ennpn Of money has bsen thrown into circulation
The weekly of the banks the Board Of Currency t
morning. show slight decrease in spsee The deposits hay,
decreased and ia advance higher than ever before
known So have the exchange balances higher figures
The variations for the week