New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-03-14
Nsm 0rleans 4ailp Grssfeut.
MONDAY MORNING. MARCH IA, 1859.
Ntw ORLEANS Hlontp Market.
CREscENr OTyrcE, No. 70 Camp street,
Saturday Night, March IL, 1859.

CRESCENT OFFICE No. 10 Camp street.
Saturday Night. March H. 1859.
The business of the week has been large. In some
Of the wholesale branches equal to any previous
week. and to note specially the dry goods, the sales
for this week exceed any week on record while there
has not been any tagging in groceries, hardware,
shoes, ETC., ETC. All branches, in fact which go to
make up the great trade of city have been lively
and animated. There has been some falling off in the
fancy and retail trades though chief streets have
been well crowded during the week. The advance
in the and the daily departure of many tran
sent residents, indicates that the local trade has
reached the eliminating point for this season. Money
has, however been, and will continue in free crcula
ton for some few weeks longer.
The great feature of the weeks operation is the
large trade done in cotton the sales reaching 900
bales at prices which cannot be but highly satisfac
tory TO the cultvators yet they will require higher
prices next season to meet the advancing value of
land and negroes. The sales of sugar and molasses
have been only moderate, corresponding, however,
with the stocks and receipts. The receipts of sugar
this season are 10000 hhds direct at the levee,
against 900 hhds same time last year. while there
has been very trifing increase in molasses. The
sales of Western produce well maintained by the
regular customers of city from Alabama, Florida
Southwest Georgia and Texas. The sales of coffee
and foreign merchandise show decline. The tobac-
co trade is just commencing, and the present ruling
prices (6c. up to &c., it is supposed, will pay the
grower well. The estimates of the growth of last
year, the quantity to be received here are above
the receipts of last year. Freights will rule at rea
sonable rates, which will favor the trade provided
the Instructions at the bar removed to admit the
free ingress Of vessels. There were inside the bar
outward bound, two days since, 40 ships having on
board one hundred thousand and eight hundred and
twenty seven bales cotton and 1902 hhds Tobacco.
During the week we have received adyces from
Europe up to the 26th February, brought by the
Arabia from Liverpool. We have also received the
mails by the Canada Of the 18th. Those by the Eu-
ropa will be due tomorrow. The accounts regarding
cotton were of favorable import, with continued
favorable views from Manchester. The political in
telligence received was far from satisfactory. The
financial advices were in statu quo being swayed by
| the future on the continent.
The money market during the week has been
under free supply, and no difficulty whatever is
encountered by those who have securities and paper
of the least preensons to punctualty and soundness
from realizing. The weekly statement of the banks
show increase in the line of discounts (no loans
| have been made) of 1873. With one of the old
banks the discount line shows decrease. There has
been very little paper discounted beyond 80 days.
The total amount of discounts is nearly 900 1000
above the same time last year.
The following are the changes for this week in the