New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-01-01
ns1 0rIeans 9ailg Grtstsrt.
SATURDAY MORNING, JANUARY /, 1859.
Neu @rIfans Nloneg Market.
CRESCENT OFFICE, No. 10 Camp street,
Friday Evening. DEC A. 1879

Friday Evening. Dec 81, 1855
The year and the month closes atmosphericalIy and
INTERNATIONALLY about as unpleasant could be de-
sired. Though it may be mud and rain catsde on
the advent Of the year 1859-that is tomorrow, the
first day, It will be duly celebrated indoors SO If
it continues to rain and drzzle for the next forty
eight hours it will make no difference, for no one ex-
poets to do any business. A year ago the weather
was of the same character. Financially and CONNER
cially, everything moved on quietly to-day. was
bad day for sugar factors and the gmet rangers nor
were there any percevabe advantages to cotton fac
tors and cotton brokers' The European advices Of
the 18th inst. were awaited with some degree Of
anxiety. It is not very plain how the expected ac-
counts can be regarded as deserving much interest
at this moment-most every one knows how the cot
ton market is to rule and what is to be its for
the coming six weeks. We are all aware that there
has been no wild speculations going on and that the
future will be governed by the views, steadiness
and regularity, with perhaps, occasional vibra-
ton, with the laws Of supply and demand, or produc
ton and consumption controlling the of the
market.
The money market continues easy The outside or
street transactions to-day were about $780, 1000, of
which $4,000 were through one party. There is
some little change in rates. and we alter our table of
quotations. We quote:
First class -, % g I2S Gays paper as .S 5peret
Long dated ~ ssS s per per Ct
Al twelve and twsnty-four months commercial. y
+
= All hhn thho-csss.. 09l5 per Ct.
Exchange had another chill to-day. The counter
rate for checks at the banks on New York was and
per cent dis; Double AL sight drafts outside, /
dis; five days sight, dis. In sales of thirty days
nothing transpred sixty days sight, u dis. for the
very best Of signatures and ls q II and l. a per
cent. dis. for choice to good and from good to fair
bills everybody can be satisfied inside of per cent.
Foreign bills heavy and tending downward Clear
sterling, l0S q 1854 and 1854 dealers buying rates.
Document bills, 1919 a l0s, though the general
range was lower-say from 1913 a los. Francs dull
at 5223 Paris direct with the general range ruling
from sag a 5.25 a 52l4. We note the purchase
of 100000 at 522A and 10 900 at 5.232.
The Stock market was quiet to-day. The only sale
to our knowledge was 80 shares Canal Bank at 1923.
The Directors of the Crescent City Bank declared
dividend to-day Of per cent, payable on and after
Monday, January 10. The Directors Of the Southern
Bank declared dividend of per cent payable the
day here, and at the usual day in New York to
Northern proprietors The Directors of the Bank Of
| New Orleans declared dividend of four per cent
payable on and after Tuesday, January IL. All very
fine New Years presents. There is no probability Of
stocks advancing for the present. They are high
enough for safety.
| We give our weekly quotations, which approx
mate the general sales and views of holders: