New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-08
Afm Orleans Nlpllev Ylarktt.
CRESCENT OFFIcE, No. 10 Camp
Thur av Evnuyup Iulv

|
Thursday Evening, July I, 1859. 8
The applications for the banks mode
rata Whether moderately Hight moderately heavy 1t
all the same a. the ability banks the require
enss Of the community unmpaired but paper based
speculation There nothing doing
through BY discount brokers, only Of them
borrowing few thousands Of dollars something
considerably less than the rates. The street
ssss 1t paper range from g. 9l0 ct to l2@l6 ct
coFdng sgnares Whether there any regular business
that will the paying of Is Rct in interest
and brokerage, is an unanswered question.
The European advcss to the 18th of last month"; which
pubshed this morning, formed topic for remarks to-day
Commercial financial reports indicate seadness
London and Liverpool Politically the accounts from
salsfactcry The dispatches conflict in ways than
1t Is evident that the Of which started last
week for speculative purposes not conrmedin fact the
bgcrents intend fight the contest In the meantime
these bulletins these flaming and almost astounding
municacns the wires regarded of little import
at this moment The expecans Of well as the be
geren disappointed BY the next adyes We only
add, The goes let all the continental become
engaged tits effects the business OF city will for tn
confined ideas and nres The stock Of cotton
b. effected in regard 10 salues either for good evil
consequently the beigerents in for fight is hoped
will b speedily brought close Prophecies and
dicons regarding its continuance eies In the
time relerae that they who do the least business will do
the best.
There were SEINE movements in Exchange to-day based on
There have been several transactions in
the weed which have brought freight to the
extent twenty hundred hhds tobacco, which, with the
cotton supplied the exchange
fullest demand The rate for checks New
York 3s1s Outside double al drawers sold
sales 13ls PREM market tending downward
There transactions in time bills We quote the
OF the market from l1lss dis There clear Sterling
offering to-day There sales of bills with documents at
l0eHl09 under good drawers well drawees Francs
dull very dull We only thst good signatures
from 8 III (05.1lh on Paris direct.
The market quiet We only heard Of sale
day, say shares Star Insurance Company at 1906
New Orleans Canal and Banking Company he Canal
Bank termsd1 is paying its fftyourh dividend to
soldiers It will be observed by the semi annual return
which will bs FUND below that after paying the
dividend Of et surplus remains Of which
makes tho gross surplus of the bank i6s This 1t
understood includes the canal and depende ces which
placed at the cost they stand in, SlsO057 The
improved property, vacant lots terued situated in the
vicinity the canal and the depot the jackson Railroad Is
daily increasing in value The other in part
the former banking house. Of Magazine and Nachez
Streets the banking house and building adjoining
Camp The Canal and Basin pays this about
will compare with other in the world Of finance The
remark will apply to the bills receivable of all banks
There be remarkable and unforeseen contingencies
adverse circumstances arise to change the character and
standing Of the body commercial and financial Of
| munity.
Semi Annual Statement the affairs of the Canal and
Banking Company on the 9th June, 1852