New Orleans daily crescent., 1860-10-23
Nsu 0rltans 1allp Crtsttnt.
FINANCIAL AND COMMERCIAL DEPARTMENT.
ge1 ORLEANS stlouev gtlarhst.
casscrs1 oY,rcr. No. 10 Camp .tr

D l
Monday Evening, Oct ~ 1880. 3
The week opens on what may be called the $3.50
order. Sterling exchange was depressed to-day,
While New York funds maintained firm attitude.
sshe banks were flush this morning, but evfnced no
sn to encourage any speculative feelings,
gssSs y exchange, nor in breadstuffs.
VI ars spt at the prominent bank
= 4,>s&s Il beyond the income;
~, =. . = b. ~ ~ d. nssss, =
~ y 912,o Aasg/ 1's' y - ,'ss g
eflss .ae Nf sfo, .lrs, re ggsa %
best advantage T. gr
elinasion on al . Wit -. gereraas !,
nent and contrassie nys d ags eur,s:s = j
negroes at the very higa ICE, @'s, shasfng
double prices for land, no re- - and
Factors in general do not hold It any el .t. !
ment that they will advance large cn Gro. q
grow though it is not the season Of the wear n, q
large issues of paper. is not out Of place TO- ~
as public journalists, TO suggest to the plant,
community to retrench, and confine their usDa,
twelve month drafts to the smallest amount possi.
BILE. However, if it is profitable, or if it IL nav.
ing business to allow p Set for accepting, "a act
for selling the produce and0 Sct interest, say ON
an average, we have no obsctions, for some bar.
ties are the gamers; to whih may be added if the
produce should not happeTto arrive in season to
meet the payment Of draftss23i Oct can Justly be
| charged fer advancing, maklg y Get co16nfs.
sions, which, with interest, fiH make M about
noiriK9 IL aasgancewhieh, vii the purchasing Of
IA low price, will eas up IN AT 75c. AZ bushel.
even at the present good market prices, llGl5e.
The exchange market closed on Saturday with a
good supply unsold. At the opening this morning
the demand at the counter for checks ou NewYork
\ was only fair at par to an dis. As the day ad-
yanced, there were Indications of more frmness,
under something of a lessening in the offerings.
The buying rate at the banks was from s@a dis.
Outside there were transactions at from a93.l6 to
dis, so days sight 12@258ct. dis. Bank checks
i :. big lcks,n so termed, were to be had before
O'Clock at discount, and so that, if the market
did in the early part of the day, give indications
: of more firmness it gave way before O'CLOCK o.
good sight would not have been sold at dis, ant
fair or Jockey bills offered at 59& dis. We have
however, to note two sales of one days sight a
5-ls dis Sterling under the large transactions il
cotton last week, gave way. There were sales o
good clear bills at 107t@l07a up to 1911. Remit
tauce rates fell to l0st0I0Ss. Document bills wer
: yery heavy, and took broad range, say from 10
Cal06a and 1863. Very few bills Of this kind coul
49,. xr;tt, a liberal margin hetfpr than LOG
= be piaceu, Will u ilpeidi ai hs pDAeci tiAt ~
=, ,neT ond 1o7 Jf there shouid he another decln
70 AooB seho -. 7ff7'3S5 IN, I Il, -,
in New YORK, IL may sun iui ther uePlesS lete
: here. In francs there were some light offering
followed BY light sales. On Paris direct we quot
= ns,ess a., 2, .,,a ,,,aa, < ao1aE os
5.234095.z14, ana other places o'9o@g1.1o.
= There was an improved feeling in the stock ma
ket to-day. Parties disposed to invest freely
Z. - r4l e..5,.,s =. J.,
particularly IN the stocks Oh te lree panhs at la
n .,,,4 rotas which xuara mt resnondad In h
e, weeks ra'es, "nion "s'e nos iesponuee "
ig bnIdera In bonds we do not learn of any NOV
| ments.
m, r.yI - =, lie ~, 4ha annnIx ~ oof+,
n Inc 1onoWins feliaths VI 'ie suPpi5 VI oost'
| for Great Britain are from o recent article whi
iol oieAS 'i -
aDneared in Liverpool paper. 1t Will be pefce
= t, .,,-..:a. .,4 !. ,,,o e,a,ro,, l.. - !, ,
ed that lhe aomissioh lhae AhBo-s'aAoii ~ iinnus q
I'd nada,nate wholly 40 settles the question ah(