New Orleans daily crescent., 1858-05-27
HIN Orleans stlantu stlarkst.


"Wednesday Evening. May 1 1858.
1hc ucn<y market Fsy today sor,e few neeo-
5It.ons carried through at si0 per cent for
p jslrd Ihe trspsactiou, very mesgre hardly
- bs worth quoting The cas show very dmn-
Hhsd dsm+nd iof onry In two Old hanks which dis
>enn "Wednesday there IN only sghsysix hons-
saa de''nr o1ssd This shows construction
fedi husnes of onf city In to-day
<e|ons Of fears refsrdg The high the reported
E.t seose with Of heavy rains and 50 Quail of
thch are tsoae se bear The moaey market though
e tzi1 pef rent. We Ne permitted inquire whesher
Ae hssst going win admit Of rates planter
9TH fhree ourths III Of is cultivated under water
.tA stock and All apparently give
sae AiHs q interest viii NOT pay planter
30 like Terms 1uny do what to keep up the
ma ~ money e7io per The ~dyanees It
pus BE- conesdsd ne wants Of borrowers will be largely dn
shed.
The stock market continues unusually saensn We did
Nsfnof sale of bank shares Bonds quiet
~inres In fact far city concerned the
1ox 0geree at which hey offered. sz asionlsh
property hodar The Of The State issued In favor Of the
ezrns' p%nk held At oi0O, other bonds Of
ksaAna 70 shy q New osans qaoisd BY the Barpss
y &17f1eo
The exchange market ~ns decidedly dull There Was no life
particle the sfgnancy appears to Se in
sesins daily and Inoces Of exchange which has
~ sesd<d % ow hxures W. sales Of sight drafts
Ee~ York dIseoan nye days sight at IL discount, The
soant rate ior chsr generally discount yet one
<&nk sclirg through The day X X discouat The
street. sales embrace several
seant also sale of days sight discount In time
bills 4nasctions M sixty days sight TX bankers
Nils " M fsr choice bills 70 and * diseoaat Though
cns parties aeere think that the rather sitter
tc4y did not Observe anything 10 werrant the remark
u 6ierlaE note sales Of bills with shipping Il
NJ 10 iuH and clear bills ioTsz to lis luss{ and esS
k.nt dsss held higher Frames correspoadngy de with
scy modsfae sales ~ 3259510 We quote extrsms rates
ou 3z <5ib The aceoua from New York are not favor
ebs 'e = ~ neither IN Francs . sterling
csuesey Tho market closed extensively dull
fs1 declining 10 the standard. Albeit there are
ocss Of cotton and totacco be cleared of way
s another
1heFs he. bean said about national bankrupt
~ o nor before Congress- which contains follow
II understood II ~n Be general hin, including iudlsi
1as|< cororaors chartered banks and any sssocaop NJ
><><ots Aozed 10 ssue bills ETC. Il WIN proyids for
rclan<{ aud involuntary bankruptcy will rsrosevs
hs rsi'o<c7e ie&fe vii BE- guarded TO exclude an
subsequent Jauar ia. any other tine ha,S made
sssiene ~ contemplation Of passage Of bank,upt
zN which p1efereaes 10 creditor another and
ahe nkp 10 tueh eassa shall directive discharge unless
rn The consent Of msjcry q his creditors have no,
been pIcferrcd The involuntary bankruptcy applies %
where The exceed dollars and the
declared pt entitled trial by jaryAi ans
fsss Of property Of any kind for the Of giving
creditor any preference priori
general creditors null and void and the parties
sts>inias hem be fe such Of the
k~nkuptcy With regard barb Of papor
money they g Under the head Of Involuntary
rpi and Ia addition liabilities which attach 70 indI
dosi ihes may declared bankrupt for the nonpaysnsnt
pf Ten days after dmand Of any b other liab IT,
~ s<er<e q pseeesdngs be paid by the interested
ard ues<r nc ps,suss 10 Be paid shs United staiss
'sN 81 the foregoing considerable Of
rattle snone The esnors assignments which ha been
-as 10 See York and eehere the resplsion as fall
u ~nnd OF co1se nnnu the of Louisiana and n
gives ~ uniied s'ess csaEt authority order all mort
Cages sAo and special erased against property AZ III,
lin