New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-02-10
Nth 0rItans 9aiIp Gr.stent.
THURSDAY MORNING, FEBRUARY 10, 1859.
Aen ORLEANS atlontu Ylatket.
csEscEsr oyyIcE, No. 70 Camp .,
Wednesday Evening, Feb Q, u

Neho Orleans atlOntg 9larktt.
csysssss ore, E7..|.s e. s.se is
The offerings today in the banks, in the aggregate,
large not however, beyond their capacity, but
indicating that the holding on to produce creates
temporary requirements which they are called on to
relieve. The Of the banks ample for all
legitimate purposes. They were not, however, organ
lied to be the medium Of sustaining speculations,
either in cotton, sugar, stocks or real estate.
All good commercial paper was received with
favor. Outside there were several transactions in
paper, in all 100000, at rates of 81, q 10 Oct %
annum for 10 and II months paper. There were also
negotiations Of long date at pct. But we do not
learn Of any sales on the street low as ct which
ought to be the rate considering the good returns for
cotton and sugar nevertheless money will be sbund-
ant through the season.
The Exchange market opened languidly, though
the counter rate for checks on New York was ad-
yanced by several of the banks to get. discount.
There were others willing sellers at and outdoors
double AL sight was sold at the same, while good
commercial drafts at sixty days sight were sold at ~
discount. Sixty days sight on NewYork at l3@2s
ct. discount, in the present ease Of the New York
Market it is supposed would be preferable remit
lance than sight at discount. However, there are
many remitters who depend on sight, and cannot
trust their funds out Of sight The competition in the
bill and exchange business enables every one to be
accommodated at all times In foreign exchange
there was not much done to-day Some sales of clear
sterling were made at 1881 q 1854 Bills with ship
ping documents at yesterdays at 1919 q 1917, with
extremes ruling at 1911 q l07i and for clear 1850
1881 and l0st for remittance We did not learn Of
any transactions in francs-extreme or Yesterdays
figures 5.264 q 52ll and $50 are maintained.
There were also sales of good sight drafts on New
York at dis and 20 days sight at IL dis As there
was some movement in cotton TODAY a larger sun.
ply of bills may be expected in day or two In the
way of exchange, or for that purpose. there were
sales to-day of Mexican dollars at 1914. The late re
ceipts or the most of them have been taken for tho
London market at these foures n v;,t he soon.tho+
the Branch Mint cannot realize Of the nresen+ een+s
of coin SO long az the order Of the sacreta,v f The
Treasury at 81 81 10 o.. remains in force There i
another conducta to he heard from
The general stock market was fat to-day decidaa,1
fiat. We note the sales NJ ia shares PAM - No.
Orleans at 1O,4 40 shares at no and como ,;f ona
vitality has been nstlled into tn. stoc NJ tho south
ern Oil Companv. which we are prat6ed = ,earn ia
advancing in nuhlic favor We notice tho cole. ~
OO0 shares of this Connnanv sor,a+;,o snoo =. con
u share for 500 paid. Recently there have boon
other movements to the extent of 200 shares at AK
These figures indicate that the Comnanv il now
under full operations with confidence daily ;ncreas