New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-10-05
for bankers and banks Those figures do not nacse
any cessation in the move ments Of cola
Ths oalswne agars Indicate the shpsnts OF specie from


We In The southwest will do all to help out the
10 30 paid BY country for the balance of trade
iasxc OF foreign merchandise II Manchester folks
win give cents for the for the CROP
can make ,oerabls stiff debit out Of the staple.
The Exchange market quiet to-day. The supply
equal the demand and In above We
sais Of $4,000 days sight New York dis Cox
OF sight and divers other small from parlt
and y prem. The counter rate for c.ecks S0 prem
and heavy at the a.tr figure Towards the close Of business
bruied that bank checks were to bs had par, but
there to be checks of distant banks forwarded
here for Negotiation, and proceeds bs invested in possibly
her drafts time New York, at la pet disc unit
for tixy days sight As good commercial drafts drawn hero
New York be readily cssaei in that maj ket at The rac
eft vet In time bills the market ranges from -,
IL 2 pct dis for sixty days the most OF the Transactions
being within the figures lis dis and shorter sinc IN pro
portion. In Sterling there freedom In inc offerings
to-day. Choice clear bills taken at e9A we qaoe 'ne
range from 1905 latter figure is letting out o dae
anding the amness in the New York Inefe
were more document bills o,red to-day and good bills were
taken at Il9 We quote the fon loS9 Vea and iu
the sttsr sue or signatures which have oea appeared
orr market and we hope may continue to appear
ths market in produce ansacions Inc
in Francs consist in several sales al on
Paris direct and Other points, making the range
from 2sl5 Bunk drafts for remittance are held higher,
even 5,l29z.
stocks AMI Bonds are quit We note the sales to-day of 81
shares Light Company at 100 net and 24 shares OF Me-
chauics' and Traders Bark on P t.
We have been knowing hs fact that ship owners and
masters have greatly recamatons for damage on
cotton transa and that ship owners have been
compelled pay demands and foot many bills for differ
ence il weight damage from being taken board in damp
and pclement weather. been decided By the Supreme
Court Of Louisiana that the provsos often preceding the sigma
turs Of the captain Of vessel to bill of lading not
ccuntabls in wei ht and other ingencies" will
not vessel From the annexed communication pub
lished the Liverpool Das Post it that similar
ruling prevails in England The article he.w is rather hard
shipper yet divide it would destroy Its efficacy 1t
reasonable suppose that bales Of exposed days
heavy rain they sometimes down this latitude. will
oblerte and wash out most marks cotton, particularly
frosh But to the article 10 question
COTTON DAMAGED IN TRANSITu.
70 Che editor Of The Daily Po-sr seek the means Of
publicity which your paper affords call evil Of
and increasing magitute to merchants engaged in the
n s9ss
between tie interests IRON which
ssSsvsd siads e he dam ssa condition ii which es.lea
a@ Dsa na s Is s dp s 'h
hs nss @ tbs = E eo IL z
damaged Ihey are so.dry or country damaged, and
For Y ship Of Is not
md disputes this rarely arise I Lately ss
a loss from dry or coun ~ damage which, the
ps s T. sna s e 9 ~ in II
the bill d ,diag csrii. that the cotton received I'm
nsEiss he ship responsible from msge
% M coming into IFS aud aa the et tas
Induced Liverpool merchant to pass over the
Sibfy assumed by the master OF the
ship b. The signing OF the bill OF adng and to look to tho
PIPER payment any claim for from this
BuI lately feature has appeared in the The i'm
increase in the nuhar OF sni the competition and de-
sire to oIan good reghts have led ab,e OF this e
Liverpool towards shpcwnss
They. their anxiety chain full cargoe:, jare
their clients who theif goods
charge They will recklessy sign bill Of adin certifying
that they have received ceran number Of bales OF OF
certain specified mark good order and con5ioh whep
IL ely have frequently heard them the y
o1ledge they had Of the the number Of bales
received. But this Is all. Arrangements having been
made tina; ship 10 receive ceItal lot Of cotton Is carried
the ships side, VIII the ship ready receive
not sometimes in the middle of the night Tilted of the cart
quay receipt given upon the exhibition Of which
the bill OF ladng aligned and the qusy exposed 10 the
weather and dirt sometimes inches frequeny
mains for several days During this time the cotton suffers
considerable damage and the marks oberated much
so that in instance thele O bales landed
ship this port without any distinguishing mark From this
marks puposely defsced before going the ship
bales exchanged cotton rather rubbish composed Of hs
sweepngs of the PRESS worth ID 3d. pound substituted
for cotton worth ID or I'd experience sh
offered for this loose way doing business Injurious to
true interests OF all concerned by which of swndng
is fosterei il that they refuse sign receipt for the cotton
when s sent 70 the ship even If it ia likely Will have
lose the freight for there plenty Of ships that vii
and be glad to getit.
It this that the import of
American cotton this have 10 break through
the hip liable for loss from this cause bring about better
fashion Of conducting business other side The Of
the ship has become In fact the only party against whom
any claim be legally made. All claim the shippers
ing havc been delivered in good order condition and
ssrne purpot
sach is the ground Of dispute.
Anpusf