New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-09-01

day day steadily On the 3,t Of
the month ranged from 09 to ITO and ll0-desles buy
Ing rates. remittance figures ll046sllo1; bills of lading,
1854 to l09 francs 5ls6s506. On the last day Of the
month Northern funds Of all kinds advanced u Bet
above quotations Of the 2sh-sxty dsys closing
to and * dis
| ,., Active MOVEMENTS.
Circulation Specie A..s..' ,47s4s..
Due distant banks scsiop EHehsnss paper!
sss3AOes $40 s,1 ian
The total loans and discounts wero $2sa5f 92
The advent Of the month Of June with steady
operations ia staple though til. received
from Europe during the first week Of not OF
relieve the ncertude prevailing regarding course
Of events in that hemisphere. Cotton continued good
mand in face Of the receipts having all the
factors estimates. About this time It pretty generally
knowledged that extreme estmstesay bales
would confirmed This large YIELD supposed would
Pile supply of the world Yet the
goods from India continued undated In fact
there prponderRnce In favor Of Increased demand
the mart Of Manchester which, 1t must be admitted has
years controlled in measure the huge
Its influence and control is however the wane and the
cultivators Of the staple with their immediate agents.
much to say the great trade.
There for In market the end Of
the second week In june good deal of made speculation
paper floating the market. Some of with favor
did not Our banks chay, it we'll
known h there safety in Investments In breadsuHs
provisions The greatest transactions rather the
important during the fret half Of this month,
which staple had been for months under great depression
During second in June considerable de-
mand for coinbepg, however, demands to
penses by the daily departures Nevertheless the banks
the h of May and the ll of june depleted Of
| coin to the amount Of 81, 900.
On june English advices up 4h of the
month"; received donotng active demnd for cotton
with Of d and sales In Liverpool for
ending 4hreachng bales Our stock however
reached low ebb that this advance had very ground
| here to
Our money market continued under its usual free supply
through the entire month of June Buyers second third
paper obtained advantage. which they managed
adhere this date In New York and Boston,
in request rates advanced 10 both markets
large shipments of for Europe made imporaous
foreign merchandise stupendous scale and though
of Wall predicted tight money market
| never
2s of June daily monetary contained tho follow
ing remarks:
prsSns FINANCIAL affairs tending n% the
sehsnge here
able would sasr largely BY cot
no discover The
o q s h sSs e as 70
ssncs 5 ss s hs s o
Of dollars exchange than day year
osEa Bank which generally has dealt largely II foreign
aggregate held year aso to day IS 1852 against oO0
'I sG 80 s fs ss IN
ssn Of and + R
viii continue as heretofore TO pay an sxs with the regular
has good BALANCES the credit Of profit and loss
allude to them hereafter.
The political intelligence from Europe did not have any
eral influence market Some operators connected with
British interests were however, under the belief that the
change in the British ministry would be productive of
good. However, this had effect local movements
During the last four five days of this mon,hJune-oui
banks lost considerable cone whole decrease for the four
weeks ending the 18th being Ss7sSl m9king the entire
from the h of May to the I'd of July four millions and
nine thousand dollars-a share of which silver
The money market closed easy, though grades OIL
paper obtained advantages Long dated paper ranged
from 500 Pet of high grade and other kinds from 9 10 tc
IL pct, with some transactions at IL and Is Oct.
The exchange market closed under advancing tendencies
The rate for checks New York ruled the counter of the
banks at x Pet prem, sight drafts outside, 4G5s prem.
sixty days gh ll and n dis; thirty days sight, 1s5i
dis There very little disposition evnced to operate
document Sterng) bills Some sales made at 10s4
1884, and favorite at higher rate Clear bills
freely taken at l09laO97l and lO-blnks asking higher
Francs quiet and only ia limited demand, at 5.l84@
s l27s and bank drafts 5.lGG50 according to sums
The position Of The banks the last Saturday Of the month
being the 18th day Of June,
| ACTIVE MOVEMENTS.
Circulation sss specie
Due distant banks i4o Exchange .... 5sSsI
s2O4'4,sss ss67l2, A!
The total amount of loans .S28, 2l5955
With the close of the of june it supposed thu
seasons tnsines Closes does respects but
communication with the great West continued with tn
direct Interior there be said be any suspension
trade only from genera! absence OF basis upon which
ate. The onth of July ushered with highly
able accounts of the grain throughout the West
equally favorable reports Of the growing cotton in Msss
| sippi, Texas, and State
The most important record of this MONTH perhaps Of III
season. the followed by actual and auhent
avces that the in Europe hal been brought close
hpa
of city however reduced low having befor
declined to the standard that the of e
quietly, and without any agitation community
Nothing Of an important nature locally TRANSFERRED during til
month. The most important feature financial circles til
declaring and paying The dividends of banks details
which will be found in this review Stockholders of the
institutions satisfied with the results of their invesm
and the general management those whom they had selece
. to supervise their interests.
The received this month of the GROWN
crops, particularly cotton favorable From the
region they conflicting; that is ptng section again
another, parish in ixtaposion with its neghbor Th
from the lower parishes the Slate and
favorable nature, while the Intelligence from Of III
river parishes first favorable then unavorable, and
others of medium character The general conclusion whic
arrive at this is that with the sans weather
last year. there will any for complaint as Ii
saccharne ,uud vcissitudes and casualties
| moderately productive, for this season at least
Money continued under go,d supply The departure di
the walks of finance did not to have
effect on monetary affairs general The banks met all cal
for discount with aacrity taking however, strict cognanc
made speculative The suspension of hostles
Europe the confirmation of had very little influence
general commercial and financial position. There wei
- very few transactions in stock bonds during the month
largest bonds 6S bonds city, issued to- and
dorsed by the Jackson Railroad which, by pocu
sold of be free banks at the very low figure of
On the 2d Of July ndted for daily monetary
y following;
Tbs a1ves regarding the growing Europe ara bpbI
favorable Notwithstanding the there exports of fou
from France to England which does any eYcte
deficiency in the growing harvests. In fact nvestmsnts
specnaons in cereals and provisions will pay and tho
who have large stocks in these articles reduce heI
n as speedily possible. We prefer have
in bale Of cotton than wheat beef or pork Cote
* will not detefiorae in quantity or quality.
IA Nothing of an important nature up during the baane
Of OF this month. The weather favorable the hygeis
condition of the city of the nature ia fac
our good city was perfect elysium.
At The money market closed great Redundancy wit
OF interest for commercial securities maturing prn