New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-05-04
Nem Orleans 1aiIp Crestsnt.
WEDNESDAY MORNING, MAY 1, 1853.
Dem @rltans Hlanep Mlarktt.
CRESCENT oFyIcE, No. 70 Camp street,
u.sday Evening, Nav 8. ia

CRESCENT No, 70 Cnmp street
Tuesday Evening, May 8, 1885,
There were no large calls for money to-day, and in
commercial and financial circles everything is moving
on satisfactorily, not at all troubled or red by the
war accounts from Europe, which, by-thebye, are
deemed somewhat more pacific, as received by the
steamer of the goth. We give no credence whatever
to these pacific accounts rather in fact the anti
advces. We verify believe that the rulers of France
and Austria determined fight, and will go at
it when they get ready, which will be long. We
hope and trust they will commence at once and end
it as speedily possible, and relieve great share of
the world Of doubt and anxiety. If the Emperor of
Austria is afraid and Napoleon dare not move, the
sooner they end the farce the better. The probable
effects of an European differently construed
and much exaggerated in many respects. The effect
on New Orleans will be mere nothing at this
ment and it is Of no whatever for the Bears to be
harping on war business is just animated at this
time as it has been at the same time for the last
twenty-five years. The advices Of the Goth of April
from Liverpool have fallen on still market in fact
the reduced stock of cotton and less quantity for SALE
with the facilities of raising money, places the
ket under the control Of factors and sellers.
The offerings in bank for discount continue well up
with the daily income. 1t cannot be expected that
there will be any material curtament in the line of
discounts unless there should be larger demands for
coin, and for what purpose any such demands could
be made at this time would puzzle the most astute
fnancer to define. There were some sales Of paper
through the discount brokers to-day ranging from
@l0 up to 12@15 get. Buyers and dealers in paper
can be accommodated with many varieties to suit
the most fastidious
There were several transactions in Exchange to-
day. Under good inquiry most drawers for North
funds Indifferent about selling large sums at
par yet there transactions reaching $50 in
checks on New York at 18th dis The general and
current rate on the street par@ It'll dis. Three,
five and ten days sight 3-I6@s dis. Sixty days sight
l, lt@14 dis for choice and good names, and s9l3
for good to fair In Sterling there sales of clear
bills at 1904, l09.@lO9 GIG. We quote extreme rates
up to 1893 and stiff. Francs very steady, and taken
at 5.ls4@513l with transactions at, above and
below the figures. We learn that Sterling in New
York was at the latest dates sold at ll0@11O4 for
bankers sixty days, and francs 5.12a@5l14.
Inland Exchange transactions are daily increasing
All travellers can be accommodated here in the way
of funds and letters of credit which pass current all
over the world, even to the Sandwich and Fejee
Islands. The Merchants Bank of this city sells drafts
on San Francisco at low rates of exchange which
be negotiated anywhere the Pacific Ocean else
where This obvates the necessity of travellers lug
ging coin about.
In stocks to-day heard of the sales of $50 shares
Bank of America at 125 Some few shares of Cres-
cent City Bank at 1869. A lot of Bank of New Or.
leans at LOG. $4,000 City Bonds to Railroads at SCI
and interest $50 shares of Pontchartrain Railroad
at s24
We learn that the Directors of our old chum will
declare dividends of tact. in June and December
annually. This is placing the old road he third one
built in the United States) the footing and credit
it held years ago. We do not want to learn or hear
of the managers combining with the steam monopoly
company to Mobile to Illustrate other contemplated
and required additions to the facilities of trade and
communication on the lakes.
From the returns made to the Treasury Depart
ment Washington, we find the following to be the
value Of mportations of merchandise and goods from
foreign countries though they are not so large in
New York. yet the duties collected the same will
materially aid the revenue of the country. The i'm,
ports into New York this year are largely in excess
of last year and the duties thereon with the expect
ed imports for the coming fall will enable the Trea-
sury Department to progress without being compelled
to make further loans.
Talue Of Hmportations from Foreign Countries into
quarter of the fiscal year, ending the 3lst March,