New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-01

Total loans and discounts.... sol 9S
For the three days of the month of February there hull
in the Market aetivc attended other
branches of commerce Free Intercourse with the West was
the result all descriptions produce
ing accumulate Cotton continued to market in the
largest quantities giving and strength The highest est
mates Of The -four millions and half bales The
pts for the week ending the m Of February attained ninety
thousand bales depressing the MARKET until on the 81 of
the month"; the European adeees stated active inquiry
susg in sales day iFiday the Febrtary
of from y 600 $1,000 bales Our citg filled with
almost every part of the babahe globe for the
month through Money circulated freely The reaaes Of hue
splendid crops cotton dbnrsed literally who
had the ready for investing experienced difficulty
in obtaining credit in fact King Cotton supported subjects
and rasers in most Unlimited degree and all that required
to command credit and confidence WAS he assurance that the
wduldbe debtor or buyer engaged in the cultivation of
great inmable staple Our weekly review published on
the 18th Of the month Ionday, 18Th February contained
following The wholesale dealers, however, complained that
their sales large the month of February 1853
The large business in cotton and business generally This week
Moreover city h with visitors from almost every part
sands and ALL they must be numbered by oftosands
yea we SG;9rs Ere" many who have remarked hereto9Ee
commune e e3ne eTery season. " thousands haye before them
hotel accommodations and with from
King Cotton another age and paeions hotel Will under
In the early part Of the week there interruption,
however, been fully made up from the in which the
great retail and fancy been
ping excursions The queen of adeihe wholesale and retail
Sidewalks are blocked front III a55efs WITH 5o s S les
and packages that sales have been large md complaints
be raised It presumed the country paid promptly
aers merchants all their engagements and promises
and c5ncontant branches Of trade sae have been ill., Many
yea s e me- @ Fe p9l s y mere seS than
ne q Fads u The meantime i ssestsd that
The demand for money continued free largely beyond the
ability of the banks grant The actual applications for ds
the banks for the week in the month Of
February, S46000o The specie of the banks
began diminish the deposit line commenced TO fail or e
change the amount Of S00O0 changed hands during the
same week The sales Of the same week attained
81 800 bales aud money in active request he
middle month the adyice general Intelligence rom
England Of encouraging nature will appcar by the
following correspondence which published the IAN the
month:
Since last week qne revolution has taken place cot
market for good qualities of cotton and although only Al
s Of IA Is goe the actual sales show N ADVANCE Of
week as much ~ ~ but these advances are On good Qualities
reduction Of duty cotton into France have mad something
e T. saS Rad RRsf III Ia s pss s@ @
persistngy forced on ie market to meet Tie bills tha
prices to a point to cover costs md charges
You VII see BY ne oado Times that The Baa q England
thought further advance win he 70 again as is
Which Silver il reme India payment
The great Western trade particularly lively and brisk
during this month"; and being conducted altogether
demand for beadstus and provisions in general markets
Alabnma Florida South Georgia Texas Northwest
part Of State large There also noticed an
enlarged inquiry for several of the West India Islands and is
with much satisfaction that aude the of the
Western trade highly anuncatiVe nil Interested
engaged it True, there with opera
tors mst-ke hundreds of others in years
high hopes and anicpaions which wcre not
realized he remark will apply to Others who hers with
the purpose of following other vocaions other trades Every
branch trade has troubles and difficulties encountered
by and citizens intending 10 lie
the remark will hold good for every year city has
been OF trade exchange and lie outlet and
market for the productions of fesn STATES territories
The month OF February well the month Of March follow
ing noted for large and business 10
closed with limited supply Of money the bank show
falling oil OF four millions of dollars from file Same
the year before The rates of long dated paper closed 995
aud 10 Tct without any difficulty attending negotiations
for legitimate and regular business purposes The sales cot
for the month $1,000 bales which kept The market
well suppied with exchange Exchange ruled hc following
figures the last day Of tie month: The bank "a
prem. Outside sight drafts pU@l-l6 premium good at
pa dis. day sigh AZ u dis sixty days sight at l3ka
and 70 dis. Glenr sterling dealers buying lOi09
uoeument bills l5l4@1Ui24 Francs pen7 aud ranging
from 3 26tit05,l34f to515
The banks in the following position, indicaed the
last Saturday.of the mouth: