New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-01-20
9W 0rea galy Gsa ghursdav aHprnna aanuaru 90 1859
| geh 0rltans 9aiIp Grssffut.
THURSDAY MORNING, JANUARY 20, 1850.
gsu @rltans Mlontg Hlarktt.


Hsh, ArIA.we sHrnr1w YYt.rkN
sss~ ~"A1"'e ss'U"'S eS"'s"1'
..a csEsc.rr Ory,or. No, 10 Camp street.
Wednesday Evening Jan 10. Isss ;
inere was mol 40 much activity to-day IN money
matters as on yesterday and the day previous.
inougn 1ne weather was fine 1t apparently made no
dinerence. Inc true state OF the question Is this
'nciemeh. wea'her IN TINS Guy mas very htue eiiect
wheie ana "neh saies are 70 pe MADE. Last week IL
was ram ana mud TINS week thus iar the weather
'iaS Deel fe"afhaoly laVolaoie' ana tne SAFES oi
Staples 40 NOT reach those OF last week. General
puslheSS ,s however very actiVe, vibrating from Gay
10 Inc only trades operated on oy the weather
are tne fancy shops, retail dry goods, and the dray
ing ana earning. we are mol frozen up mere as In
new fofk' and can move onward at all times, rain
or sanshine. we can Withstand an epidemic, but our
"ors' enemy would De creVasse.
Inc money market to-day presented no variation
ior a remark. 1t was manifest, however, that mat
ters were lending favor OF lenders and owners OF
money Some sales Of long dated factors paper were
made at ", and some at y cent. The calls on the
banks were about double the income. They are all
flush and likely to continue so.
In stocks we note the sales Of 200 shares Crescent
City Bank, in several parcels at 102; 81 do. Canal
70 do Bank OF America at l0S, and the confirmation
of the sales in treaty yesterday say 800 shares old
Pontchartrain Railroad at rs, and $50 shares Gas
Light Company at 1929. There was also sale to-
day OF louisiana State six % cents at o. which shows
an advance, and 100 shares Southern Bank at 1861.
The Bank Of James Robb will, on and after the LIST
proxmo, be known as the Merchants Bank, with an
enlarged capital, say 81 100000.
Tn tod
tons. The counter rate for sight on New York was
discount. Outside the rates ranged from "a dis
count with several transactions in round sums of five
and ten days sight at y cent. discount thirty days
sight at discount sixty days sight at II discount
with other movements at II o. y cent dis Sterling
was sitter to-day, and improved about an eighth,
choice signatures being taken at los a 1881, and
other good names from 1919 a 1917. Document
bills rather scarce. We have to quote from 10Y a
1879 Very little doing in francs and from the limited
offerings drawers are asking an advance. We quote
5.273 a 522a. The banks are not free buyers. They
are flush, willing and ready to take all good bills
based on produce if they can make interest. Some of
the Executive officers think it is COMPOUNDED poor
business to do as prominent dealer did-buy $780,
600 OF good exchange and only make t,celce dollars
by the operation. We think SO too but it is about
as well come OF as to have some of those
drafts on Havre, which are now laying in an inchoate
state.
The address of the Chamber Of Commerce Of our
CITY, calling the attention Of our citizens to the i'm
portance OF coming forward at this uncture to extend
material aid IN behalf OF the Louisiana Tehuantepec
Company has, we hope, received favorable con-
sideration It is not necessary for to go into an
ies'em Vi 'ie great and favora-
Die results TO be realized in the success of the e-