New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-02-22
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saturday Evening, Feb % isSs
Under increasing supplies Of capital money market for
DE weak has been gradually leaning favor Of borrowers OF
sellers Of The banks have discounted freely combining
their transactions to short lime paper then small
>nopnt being granted beyond ninety They pur
chased lib rally Of exchange that commetee has
bssn dFeopng through week osy under later ases
IRON New York, further tendency one Of
Che features Of iransaeons particularly foreign bills
the general business Of the city there further
Erofement gratifying for have that the
Wholesale busaess in merchandise feels the activity the
Poyenent Our wholesale dealsis IN dry goods hardware
siehng and collateral branches, for weeks an
pefeny Idle have now prospect Of realizing something for
Ne DELAY The grocery business has been particularly active
sales are confined 70 cash. all credit abandoned-r
from Good aud paying met their
enseements pnneaaiy sill obtain the short time
query suggests itself should short or abandoned
en What would The banking be suppored There are
many individuals throughout the country who consider them.
selves qualified and competent perform the duties Of er-
sAnt and who hardly ledger journal obtain let
SE' o. Introduction from kind planters their imerehan
lsiie Of credit or guaranee-arrve in The city talk
large OF neiF prospects, assuming all 10 be done
erey 70 refer their acqaantance formed through the In
msntAy Of these letters and purchase any extent on
sa payable some months after convenience Finding that
ae.ea-n'' sometimes prefer goods than aer
they return from whence they come with no very high
estimate Of the bersty New Orleans merchants These
same parties who have been these long credits in th.
ss VA 80 70 New York and Philadelphia and accomplish
N'ea purchase largely the merchandise into cash
90 early period and the Of them they win he IN
eur make purchasing for cash, equivalent and keen the
wheels moving Sometimes this course succeeds and
times does not We daily informed that The credit
greatly cnrtaied IN Northern cities This is mora oins "a
the baekwsfdness and delinquency country trader. and
ehan's than from ohe They win credit mos, an
sdisdus who prssends be from the South and %
who could not obtain credit the amount q hundred
- home will go North usual and return with ocs Of
ehandse xaned At thousands ef dollars The South has
ever paid ap puneinAl faithfully the past year and
srsd stands hlgh, high An Northern commercial conn
nnss but tbsn there many eAarlaians IN trade Or men
processing 70 Be merchants who the credit svseu ana
reder community instead Of m being
Of benefit The late Tesulson has the mode Of transact
ing business in New Orleans and with admirable manage
sut and integrity Of banks the system Of credit hereto
@ eaoped DO successfully adopted In fact our sYs,eu
Aas no equal, and Of course oAnno, be surpassed.
The Western trade for the week has been acve The surn
dnand for the market Of Texa Alabama FLORIDA and eore
has commenced The business gradually extendingare
purchases hase been made for the Atlantic cities Of Georgia
md eeaih Carolina and purchased North Caro-
haa vii thus b sesr that great emporium sr.ua
and sareiy moving onward is great Our Western
sfe'an are IN the ssandst poson and their ered nevs
s'od higher In hDs The appliances Of and prodiabl