New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-08-09
sgsa Orleans alpittu gIafket.

OasseEyT oTglos, No 70 G. Camp y ' ssFsse',
4iiasaanancv and dizziness of prevail in
Szrft financially nsreialy nevertheless there have
bsn more larger transactions thanfor the correspond
Ing year Ia cotton there have been sales of 1890
sss 5faceo 5000 hhds in 500 hhds in articles
on Westen produce been saes in baggng and
zone here have extensive Of them for
rise otherwise speculation. In coffee hee have been sales
So ag There have also been sales Of salt in hne though
Iiae 81 August approaching and the standing remark
Of there nothing doing applies to business sll il will be
mat there have been seyeral sales The transactions in
have kept tbs exchange market fully sup
p snd entire movements for tue week have caused
good money be in circulation. The weather has
been dry heat does not however check trade in
cany others, and if there is anything to
BeeagFsd tAFaugh it is certain to 30 performed.
Ths3aIk the week is The Of the crop cot
the Mississippi The first reoeipts seven Hes
have been r5ioar State. was paid bale which,
II b. supposed, was pprchasedfor fancy shipment
The enesl ocs trade Of the city the inactivity Of the
oa s ruled supreme way Of the fancy
aad es hrongeds it can be inerred that every
not left the city far from IT. the population at this
ine than known at this Of the year.
TheTe SONS little doing in the general wholesale trade
country merchants daily be the streets. They
orders The usual fall demand for plantation supplies
Keep Wholesale traders from ennui. as they did
prosperous business season, few weeks Of depression
aad uuetnes BE- for complaip We learn that
extensive are made for fall supplies dry
goods arres hardware clothing and all the various de-
efpan merchandise Every branch Of trading and
hang viii be FULLY represented this season. The profitable
se the entrors Of last years crops Of cotton and sugar
m encourage many desers ind traders TO visit city
is coming season. We shall have them pouring in
November California strides We shall have thousands
making eir ars visit te Crescent city in search Of wealth
many ID short tne, pick and gather up what they
can bsmhoeae ely aud State out of taxes from
#hsnes tsy cams, possibly with good opinions, and
others egg nl disappointment The prospects for the
highly encouraging Our old established houses
and aete rms will IF course maintain the position and
ayaatAg which years residence and application to business
give Many 81 the to-day and go gentle
nen 8 ,eFons seasons, be pleased with fnan
e& and position favored and mild eli
aaae they Will become permanent, and hope, useful
andEFortly citizens.
tho general tare Of our city, prosperity increase
and blended. Our banking system controlled as it
il BT adeo1s aouad laws, subject daily, weekly aud
By delegated officers and by the public,
preventing checking and restraining expansion, oyer.radng
stock obbsg Wild Investments which have marked the
ssTeei 6sf great communities. Without drawing
snap a aely asserted thai New Orleans possesses
for Of commercial pursuits mechanics
aboets, than any other city this Continent
The summary this week the paper and money market
ean Is given I'll words Money continues undmnished
sapalg accommodating from day day Low rates of interest
accepted FIRST class securities, say 546 per cent
Ihe hind securities commercial paper coming under this
headae that he quotation may be considered
taken at 8D9 10 per Lenders
buyers q make considerable discrimination The
bangs grant paper OftenE
howsFe they rendered which believed be based
speculative Investments accommodation j. wanted, the
pfoeeeds5f which y diverted opera strictly
egi nad applicants cnmiug under this eat CORY often
etasea This q course brings animadyersions aud hard
leetions on sune bank managers
The wask statement Of the banks shows great strength
with tbeprosnacts low range for exchange this fall the
specie basis sl in all probability be largely increased