New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-05-28

S4 ~ ,zn~~, t.rv,rr NJ "a f,.r,r sraaf
THURSDAY ETsninx. May n, 1855.
T4< H4ney market and Inactive to-day. There
sns neEotatops ef dated paper the rate Of
1<H % nj cent u an a. could learn shou Sseo00
M <riass % bank. 70 tLe bank. moderate.
M aJ t4hA G(tton}ing to-day The Banh Louisiana,
cr<rc<nf <3tr Bznk and The Bank Of Rcbo. The
Vt he Crescent City Bank daily for Discount
AZ <xodenr operations 50 does the commice Of the Cit
1 HANK thercfoe every facility dispatch bust
r "a ksrp thu wheels q Finance moving Whether money
"a >ep9oc drug Is doubtful this
41 ~ f1<: SOME q ne hanks looking their profit and
& r<eoent ihe ANY Of them have with losses This
but The f4ct whether money plenty with
f. p Interfere with their usual dividends Of per cent
ND extra There two about this money qnes
hsconnt fenlief day. and rates reeeds In
44r theirs business occupation IN thia community
< can afford 70 pay " a Is per annuu interest
n <lr<e should be- GLAD hare pointed ont The rails
~ u a'ieu m snsfy Il, and 10 rather dubious
4fsetS1 a1pre
6<.rel trade been dull today not more however than
~ - Ae expected of q usual this Of the
% 4 a reasonable believe that business will be this
a1ser than before for the pond time. The
Wefn efe viii not b considered closed long
4=aoer ON We shall be passing from
es without being Of H. II is nseleasto praiing
stt ~nof odess has changed lis functions have
4Aa ~ worst d ~asar for ibis ssasen.
NJ <srlsnfe day has dull all round. The
sfes A. @ie banks for cheeks X a X discount. very
Her 11n>nd psf1epite At fer small Aa
: 4 tie checks q psomInepl bank down town within
~ days Ac aFtti has been unusually torpid sight
Heexpk Ihess checks have hees 50 At from 4 a
ia x alscount folks think Il Il queer transaction
1 nus tAscts zhculd 4ppens the
a 81 viii mpd IL when hey receive the div
z Ihose been given for discounts long
pager, h' whether shs ~ o. he Bans Committee
<r L4eifi-,s eusefk the tfHnAacor do not know
49, < suppose buyers and sellers satisfied
~ t3Aid< Bank Of Louisiana checks gold any dsy
ia ~hetAs discount psemium, There
- ~ <4h< drafts A X per cent discount good at x
z.zxe banksu Al sky d.sA for western
- ees TX per cont discount Good bills *
~ <pd ~ d.eoant s'ctlirg was dcslt IN to
~ ~ IWN fof bills With documau's and clear bills Olsl
via 1eSte good and Al bills from u1X q lsi<
mr. ausance fsaefieu Is asked bat the
es<hsr favor OIL buyers whshef Investment
cuaaea6~ Fr.'es from ~. sz75s rae q isx
h z<dcks did ar or to-day Holders ask The
11k<st nsare Of the Bonds duh to
r1e fhars mi be and bonds on satur-
~ = pebic ale q The arcade.
WIEN WILL TRADE EEyIyEs
TIKI coSvctsiozs or I517-s7
4 cory Ire following article The London Economist
~ e&f some >Drp slow revival Of trade
~ 1lIIon IN The ak Of ENGLAND has ~ 614
t4n< b>sn much f87 600 from IS 900 on
xtFtnsee ,es-sn Inefears u upwards o. fi2Go@o,
zzty ihfee fold, in ie than Ave months Of
1>at< has subzded from 70 per cont u az cent
49, nnhet with pfcbAbliy that he bank be
1>4e ihe point and yet trade shows indica
tsra activity Capital has become abundant hu,
i not restored a has required less time
A. sock Of bullion than revive credits hich
4ed 70 he greater importance Of character than Of
4-ze'&ty means % aeeaie ihe prosperity q trade.
On 1okius hack 70 ~ha occurred after the eonvnlson Of
z4E t< sasrrse the slow revival trade seems
<z>-y wsisnsed on October . in that year bullion in
~ bank f83 $500 and did double OF that
.un 81 November y $50 Al The end Of April II only
&zutq though bad tecu - high fl6 900 IN March,
d le bank '@e Of discount which had been higher than
<r c<of fn pefohet ISL the 81 April Isgs am
cents If~de Judging ~ he exports, depressed
~ fo The AZ he END q TIE frst six months the d.
<lsre the expos "a o Coz less than Il M ~
frpns period q ISL though The whole year isas the
kh& 90 some'tpg ess shs feooopco An account re-
<nzf rublshed or he afa're Of arms apd
z1r ~hlch <nspendtd payment during ne ,,
Hs ~ November. lsal 70 the end II
xesfo<rx is5 ipelude-. he considerable
<rz<s suspension. within The period March A Isss
pc1h<d - o. fsilurts during Tho commercial csis II
x<7'&r exsensed from August 70 January. both nelu
and coupreed les than 2sd 1s. icndne n banks
Viir pretending make hsrsen Inc aeia
@ shsn and bow for Which s saas The sts Abe number Of
Hetc 10 the conNp>pn Of fH much greater ihan in
~ and the disaster extended longer period Il APP
eex< POI however have been equally sharp The
vzfoqs IL he rate u discount ls
>7 10 de iosmsf year he nk did infringe the
"a &rd 1851 eia IL is4 the Three per Cent? reduced
~rs oefed al time II TAX ~ ls57 they
- - @sht The increased apidy Of eommunicaon
~ @ad ISL naturally contracted tho time for bringing
>f~s'oes A. vail AenAd he Of We may
zpec therefore ne revival q trade particularly =. czp
- ~ *'eAfs hseome abundant will placs
p-<<1ssy ss'ii's period shxn hs revival IN lsas-
t4< mr te remembered Rsfoniicn Of February in
'smpcfA1'y h'her seeking stensiy many Of
- >n4nds % eaf h~biiua aersnked
st rtSnnrxe*nf several eenuic. We no indeed now
eet some resic@ arrangement arising ths refugee
Ae change in tho NiaIslrs hopeless condition
- msn by edaes but has yet &C szsonsd whatever
a-f y zeNeHed 40 much disturbances as The Revo.
- q ftf> Some bat lees Asordor than Wa oxpsced has
ts"edueed iu'o trade ~ The muny 10 India The worst
~<~ q which. may Be haped- pszt otAssw.s eur
<&t 'ooniA empire nay The world generally /. m the esjog
f pe~ce aud u ffeat prosperity only temporarily inter.
rufted " The excc~e, 81 trade
r 1e nops Of me The rapid progress sine.
8the cold discoveries ,he Increase people 10 Aussl.s.
~ ~eAtefal ezsazon Of railways ard <sgaphs ever,
a'nipisbed dried up. and on, do they an
sf+ - % hops for spcssler revival Of In Isss
-e1 .--qs - he s'eineais ezs Of eopinnrd
In lss7 large n.ssa u labor aud capital hssu
rplo ID md sssd railway plse.s that 4ers ne yer
z-ped o. ~et> naf fr ,u,e. however much hey a
aastte sqeley in the least degree Ii
~ tre r'ssup meal Of capital labor has bssn Of
ae.spue1 aud co. -saesd win equal los equal