New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-12-19
Nem OrItans 1ailp Crescent,
MONDAY MORNING, DECEMBER 10, 1850.
Uttu 0rltans 9flousp AlarAet.

MONDAY MORNING, DECEMBER 10, 1859.
Usu 0rItans sflousu AlarAet.
cKrscgsr oyrrrr. No. % Camp street.
Saturday Wight, Dec IL, Isaa@S L
An Improvement in general has attended the
course Of trade for the week ending tonight. +
decided increased activity, and to large extent,
has been Of the features Of the financial mar
kct. Bnt business in general that is, sales of mer-
chandisc and operations in Western productions,
have not attained the extent and activity Of last
year at this time. The sales Of cotton for the week
reach $1,000 bales, which is falling of Of 1000
bales from last week. The sales for three weeks /
past have been two hundred and twenty-five thou
sand bales. We have also to note an enlarged de-
mand for sugar and m0lasses. and it appears in |
these prominent staples we are getting into the |
merits of business for the season.
In Western products, with increasing stocks and
daily arrivals, there is important briskness OBJ
servabIe. The yearly demand for the regular trade
of Alabama Georgia, Florida and Texas has com
menced and increases from day to day.
In the general wholesale and jobbing trade the
change has been highly gratifying. The grocers,
particularly, have experienced an enlarged de-
mand, approxInating to great business with old
and established houses, and encouraging to those
more recent firms which are candidates for share
of the lit is to be hoped( increasing grocery trade
While the jobbers and wholesale dealers in dry
goods-tle trade of all trades, and not second to
King Cotton--complain of great falling of from
last season. This il accounted for from the large
purchases made by dealers and country merchants
in general in Northern cities, and to which we have
frequently alluded. Recent events and daily occur
rences ought to lead to change in this trade, and
that the many foreign goods purchased North,
even for sale in this city, should be imported direct
| from the European markets, and our jobbers and
wholesale dealers renounce the paying Of tribute
and profit to Northern importers, who have no aft
nifty or feeling for the South more than to take
dollars. Until our merchants do their own import
| ing to greater extent than they have heretofore
which will enable them to sell at low prices as in
1 in New York--we must expect country merchants
to neglect us. Planters will send their cotton and
sugar here for sale, take the proceeds and pur-
chase their supplies among those who will cut of
their heads or encourage it to be done. For ex-
ample, many planters will send to Cincinnati for
(, molasses barrels, when the timber and materials
are rotting in our cypress forests. Flows, wheel
barrows. carts, wagons and most every article re-
CURED for plantation use imported from Adolf
ton Ohio and doubtful Pennsylvania. An engine
II and appurtenances are required for sugar house,
forthwith an order is forwarded to Cincinnati or
Philadelphia for it. Our own machinists and found
ries repudiated and neglected, with some not hav-
ing patronage sufficient to keep body and soul
together. There is an abundance of iron in Ten
nessee which would supply all the material for our
machine shops and foundres. As for the many
. and tens of thousands of abolition tailors and
seamstresses who draw millions Of dollars annually
from the South in fact, subsist on it. the least said
in some respects the best as it is notifying to OBJ
serve our resident and permanent citizens, artisan:
and mechanics next to furnishing for that patronage
! which is so injudciously dispensed in New York
2 Connecticut, Massachusetts, and New Jersey. /
would be an interesting table of statistics denotn
the amount of money paid by the citizens of Loui
siana to Northern States, and what part of the ff
: millions of dollars to be paid into our banks am
outside between now and the first of April mex
will 20 into the hands of those inmical to us an
' Southern interests.
The local, retail and fancy goods stores an
shops have been well paronized every fair day thi
week, and it is manifest large sales have been tn
result 1t is currently stated that large profits ar
:. realized on almost every article embraced in til
10 trade. The importations direct from Europe thi
fall have been largely in excess of previous year:
L say of millinery silks, tancy goods and gew-gaw
a in general; in fine, crinone and appurtenance
s. throw into circulation daily large sums of money
We are glad 10 perceive from our direct foreig
: trade that we can in a year or two be relieve
y from dependence on Northern markets.
The European Intelligence received during til
- isweek up to the Sd inst received by the America
arrived at Halifax. The cotton market in Liverpool
St was reported as weak Still the advices from Man
chester were of the favorable character, whic
which have been received for II month, that is,
), steady demand for yarns and manufactured goods
with spinners realizing good returns. The inanciu
accounts received denote steadiness and regularity
: yet harping on the price of eonsols, which ha
r about as much influence on our cotton market as
N chew Of tobacco.
If The weekly return of the banks this mornin
I show continued expansion in the line of discounts
The increase in specie is apparent from the Gil
cumstance that one bank in its returns calls loo;
a; bank balances, which were over 100000 as $
ID much coin. This, though not regular, does nc
r = not make any material difference, because ii wa
I'd above line, without taking balances into view
The increase in exchange balances is very ligh
I, and still further leads to the repeated inqnir,
T. "where does all the exchange go TOT" In fac
e. there is more money owing from the South tina
y most people have any conception of.
The following are the variations for the weel
showing an increase in all items except amour
N due distant banks: ... .-
I'd An increase in specie
An increase in circulation of 3i6 I'D
increase in deposits of. 622066
Is increase in short loans Of 100
An increase in Exchange Of Isl 633
n decrease in distant balances of l20l9
n Ths variations in Long and Short Loans for the week
I'd is increase 33.3S9
n, The specie in vaults last year at this time VIZ
t. 500, 600. Deposit line was 81 1886. Fl
III the week ending the 18th December last, we r
ceived $500, 900 in gold.
The variations in the bank movement for IL
a corresponding week last year were u