New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-08-18
ggelp 0rltans atlpntu Nlarket.

Wednesday Evening, August II, 1859.
Money matters moved along quietly to-day. The calls on the
banks for discounts light There is very little speculation
going this moment In cereals and provisions Of course
would think to purchase for rise consequently evee
operators and spectators or de combat for the We
continue receive the most cheering accounts of the growing
the section country im sdaely connected with
city, The avices from several parts of Georgia and Ala
bama indicate that much rain has fallen for the general
good of cotton, yet good dry fall will bring all ont equal to
last year.
The exchange market presents some e some vitality The
counter rate the New York to-day
76@l get prem The banks in general do not exhibit
losing con though party feels disposed to call for
the metal checks furnished to suit the whms of
buyers will be found the banks will not be forced driven
yield obedience the capees of ew remttes would
buyers We quote the sales of yesterday and to-day of three
and fifty thousand dollars of various exchanges, com
prising sight New York at l3 prem and round
of double AL at q prem Sixty days sghA 1916 and e
discount further amount at l act dis The range OF the
market for good to mecia drafts is from and ii
c d and preferred names At @fS dis In foreign we nots
purchase of clear Sterling lO SIG and further sums
taken 0 making the range OF good and c1oce clear b
at lO up to lIO with bank drafts being held at Ill
We did not learn sale of document bills In francs
have quote but rates range from 5.l7a5 10 or
Paris direct, would make the other points 5
@5.l2lS.
We did not learn Of movement In stocks or bonds to-day
The new assoca,ion-the Louisiana State Insurance Com
panywl business the first proximo, at No. 81
Camp The following comprise the directory and
executive officers for the first year Messs j. Lapene Z.
Harris Theodore Fros j. N Robert A. D. Grief j. A. Bon
nafon Jacob zoy, Amadeo Landry and E. Ganucheau Tb
prominent officers of the Company Mr. E. Ganu
cheau, President; A. Picole', Secretary The Company
organized on the old joint stock system which will preveI
trouble and obviate much Of The dissatisfaction
planters and others who Complain that they do receiS
the dividends arising from the business Of the mutual comp
MES which they think they entitled to- On this point II
several companies have interest whatever the
have nothing to do with the planter principals The que
on of return premium to the planter furnsha of the bas
of premium is between the factor agent and the planter
principal therefore, it is presumed that the return of Is c
from regular tariff will be credited to all who
patronizs this association and which followed
some other insurance agencies and comp !nes.
The impression prevailed during the recent war in Europ
that the great bankers such Rothschds Hope Co.. Ba
ing Brothers and Others would suffer largely from sener
war in Europe fact the received opinion that Roth
child and other prominent bankers and moneycfas we
doomed in the event general and continental war On tn
out there cannot be doub The money power had goe
dsai tn do with the settlement Of difficulties between Ausir
AID France.
We received by mail to-day the Liverpool Mercury Of Il
Goth ul srom which we take the following paragraph;