New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-11-04

discussed very readily and the cotton 10 meet the same might
not get to market TIL March April next The Shreveport
folks neghbors hurry up The railroad TO the Nsss
sippi river
The exchange market quiet to-day The most inn
pont transaction were sales Of 100000 sight New York at
cent discount; thirty sight at rs discount ana sixty
DAYS IL per cont discount Some drawers nut up their rates
to ~ "a l for sixty days without meeting buyers At the
Ajax it was discovered early hour in the day that all ask
u rates we're too high and much above the willingness Of the
BIN Committee give and they refused purchase unless ct
considerable concession It is useless for drawers think that
few hundred thousands Of gold have great bearing
exchange market under present prices Of cotton and the
large quantity expected market with the sugar and molases
which 60 the exchange. In foreign bills
there sales Of clear Sterling at los "a l0S quotable rates
being from l07s "a l0S for remittance less @ lOSz,
cordng Bills with shipping documents sold
11 1914 a the latter for fayorite signatures under spin
orders Ships disbursement bills taken 1918
These generally considered Of the good and class par
cuary il the freight is delivered under Insurance. In
francs there sales in all Of about $4,000 525 The
Of the market being for sixty days sight from $500
5.2S sisht on Paris direct was sold at 5.l5
In Stocks there very little done to-day The only
ton heard Of 100 shares jackson Railroad 1888
With the exception Of free bank, the Mechanics and two
Of he old banks all Of them have come into practice Of
dscouutng daily both in and exchange This facilitates
business and accommodates the public.
Comparative condition the Banks Of New Orleans tho
last Saturdays Of October for 1856 1861 and 1855:
Circulation ...,.,... 7595slg @2S8g99 s gs5S sSg
Short Loans 21522s69 lS959259 Is $3.50
b5 8s 1sn ii b5 9i5sS5 i6dsSSs
Long Short Loans, October p 1855 Si3 5S4
9 9ssSSsF 90 iS5s ,..,....... 2siSs6i
20 further back say the great for cotton Of 1885
the following figures the last Saturday Of October Of
that year
Circulation 669 l5g
Deposits 49, g9S
iae distant banks SS2S7I
Long and Short Loans Si 1915
Our from New York the 18th ult circular
ports follows on the money market
The money transactions of the past week have been made
the previously quoted Of interest," while the Of
For business paper we qaots rseass 81 10 per cent
class 60 per In foreign exchange there Is
have ruled There have been large transactions in the
fully esiabhedsales being made at 1915 The business
hs st9es during ne past week mas been unusually
Tbs demand for State Stocks continue unsbated In railway
very strong The business IL ey bank shares Continue limited
owing to the small amount Of stock offering for sale.
The Evening Post of the 18th says:
The transactions money to-day have sympathy with the
ul in the stock market been less active former
ruling for demand 81 q per cent with occa
ona negotiations securities per The
discount houses are doing very little.
Orleans BY the Black Warrior alluded toeshadowing
III resarvs ~ snsca IN Ne bsts Of t6st it, a.
Bill 100000 the inference is that the specie intended for
greater here Exchange Europe dull at lOe%
q 1927 for FIRST class bills From appearances little
iny specie will go oy the Ariel
We have had demand since our last chiefly for
The qualities in request have been Strictly Middng
Mddng Fair which holders have supplied freely quota
lions. We estimate the sales Of the 18th 18th instant both
inclusive at 50 bales and the cledances during the
period have been to Liverpool 1880 to Hamburg 8S2 Ant
Rerp 1856, TO Rotterdam 5l4-lotal, 6,46l bales,
Cotton in Trdnssince receipts of the Europas adyices
the nth inst sales Of moment have been Effected and quc
atons consequently altogether nominal Middlng New
Orleans, with freight at I'D is offered at I2e Strict Sddng
Mobile Ut IL a. l2c. and Savannah, with 7l6d. freight
lc On the 9h and 20h The sales amounted to 1000 bales
GU the basis OF Y a. 2kc Middling, l26 a I2fc, Strict
Mddling l224 a l2c, Good Middng Aiddling Fair New
0rlesns freight "a a 9l6d Mobiles he Middling I2c
Strict Middlng l24c Good Kidding freight l6d Uplands
Ic Middling, Y e 211 Good Middng and 2lc Middlng
Fair freight zd a. 7l6d and for future delivery basis of
Ike Middiing, freight 7-I6d.