New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-09-09
HIN 9rleans Ilpntr AIarktt.


Cwsscrrr ,ry1cs No. 10 Camp street,
Il Thursday Evening, Sept. 8, 1859.
n vouey market for the past has been tame
mshsbi, Beyond The routine Of calls on the banks
dscosns hss has not bssa movsmens Of Importance
Ths calls ss sceua shsfsoss are On he $3.50 order On
he street hss hsvs sales Of x months paper the
II Nct OF esurss and Sct loans Obsolete this
moent only short tune at the latter figure How.
expected In market large loans
hsss b large suns OF money realized cs outside Of
hank call beyond 80 70 81 and so days The money
say very inert not reached that
snt posi- iona Ia Wall sreet-whers individual with
Of bnds Of various railroads can step on the
street and borrow from 600 to 100000 for
day, on nominal interest to DO settled subsequently.
Tho European mas by Africa were recei to-day The
private correspondence BE- considered
cotton We shipping agent
Liverpool which has brought great Inconvenience
in Manchester who had goods his for ship
ment including quantity for New Orleans In instances
bills Of ading withheld by the and their agents
freight and previously DUE II hardly be
derstood why merchandise Of third in fraassu should
be retained held for the debts Of individual employed
merely forwarding agent. According to this our
New Orleans make in Glasgow, Man
elsewhere and forward them TO Liverpool for ship
ment hhe those goods merchandise be held for the
debts Of the forwarding agent agent selected ty the
chaser have been ELECTED by the fol-
lowing notice of the failure Of shipping agent in Livepoo
The failure q Liverpool shipping agent last week has
nn so IN ~ o.
for fteghs previously due from the insoivent This is sub
X sss u up y s.
no lien s Of third party sr the me sos q
right We believe Of he railway companies in such case as
iii .so., a as,s 70 think that the
According ihis view. If New Orleans merchant should
maks shipment Of Manchester via Liverpool the
might retained for the debt OF the forwarding agent
with the remarks above that the this question
ID settled the better for al parties. I 81
The weak Il passing weak and declining Exchange
Market Since last daily review the general market has
from day declined The general at the
banks opened as Y yet prem, with two banks selling at r.
the day progressed asked in place Of -he
demand slack Sight drafts par prem which figures
there we're sales We havs, therefore, place the bank
counter rate for checks from xH pre sight drafts
outside from par0A though held on
firmly at Pct The balances banks in ex-
change low At this time which majority Of
them to hold steadily ati3<@k prem. time bs on New
York there have bsen sales ct discount others
At X and IL Pct dis amount Of twenty Eve days
date dis another amount Of three days sight
dis Foreign exchange ali points heavy extremely so
We note sales Of clear Sterling l09x 0s rates
higher, Ilo@llO4 Bills Of ading 1887 Francs
heavy We quote them on5Patis direct from on
Paris direct.
the sales Of l67 shares Bank q Louans l6 80
Crescent iy bank, lJ2k shares Bank of New
Orleans at We also OF the sales Of
Bank, private TERMS The holders Of this
any desire to SELL and most Of them hold it 1888 1876
We any sales bonds We understand there
sales In New York last Orleans Con-
soldaed Bonds 90 This though low price, consider
ably above the last sales manifest that local
that Is Stats and City bonds all knds-are daily increa ing
In value They worth hundred cents per dollar any
day In the where money a. from five 10
seven per cent per mum interest.