New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-05-09


casssr'r q q.sssy r. Ss.sI. c sss sso
There was nothing exciting transpired to-day in
the general money market. There were some re-
marks about insurance scrip during the time the
fire was consuming brick dwellings and stores,
with their contents. Full details Of this fire will be
found under the local head. The destruction of
property was large for the time being. We are mot
aware that any interests were effected except the
stock and scrip Of some of our insurance compa-
MES. The losses will Of course be promptly paid
Our insurance companies also received another
benefit to-day. that was the destruction Of the
steamboat Bonita and 252 bales of cotton. Cotton
alone worth s11 600, but divided between several
Offices.
y The calls or offerings at the banks to-day were
beyond the income. but nothing Of pressing cha
racter was observable. True, there are some folks
who are troubled with the +" shorts'' and they will
be troubled with them in the most prolific seasons
The present pressure comes in good time; that Ii,
if the present position Of the market can actually
be classed as press. In fact, we repeat that the
present strngency will be Of essential service, and
W paouuSsife - steAs soou ~ snc hAaaac'aas YUM
mercial and social communities.
ihe accoan's ifon EUROPE 70 .he @o1n ait., "nicn
we laid before readers in this mornings issue,
have greatly curtaied those elongated faces which
were being developed at the close Of last week,
and which seemed to be approximating point Of
elimination yesterday. The exchange market felt
the intelligence as well as the King.n There ap-
pears 70 pe seeauy inquiry Ior Noftnern Iuhds iof
vac West--tne strongest y from tennessee, ana
COCA deai q paper Made IN tlat 5tate mas peen on
1ne in1rAe. .a'eiy 20 pe nego'lated ior exchange
OF 10 DC soio at ne pest and me proceeds TO
10 inses'eo N Sor'nern ianas, anu tnese iunds
must go. Wnetnsr e'1nef q on Danks wili ols-
count largely, WIN expected drafts or demands
ior soiu ior Aae proceeos VI such oiscounis neihg
naae' Is quesuoh we might answer, Dut we WIN
give sometnihg q qualned one tnat 49, tney
h'Bat' ahd tnen they mlght not. But our own prl-
'A'e opiiiion =, uias our oahAs VIII ma ABOUT as
sA pap. ono.s " iooal account ' ~ ~ aeslra-
a.e NOV W. ies'oeh's ana mef
81 ste ~. plus anu resources az
~ So1auu y - isSpooasc pahKs, as also the
p'ssno'io Da,anoss " SWINE y our insurance conn
paA', "i..ol sAn, s'ie new laW feguiaung
interest,", mahe sOlne very Booa bargains, conduct
hJa n Tho ,uoIfa IN and ha,,ae+ ,e h.tt .....
ZIG " ''ie "eie anu pehehs VI DON parties, Dor
rowara and lenders
| m,.-..s.s-1S..
The counter rate for checks to-day was steady Al
!, n
prem. No fafiauon OUTSIDE, lh0ugh there was
a colo of enc do,,,, .;.t,. f,,.;.L 80.
at prem, which leads to topifticaI views on The
part Of drawers. The outside rate for good to
double AL sight was 3@s prem. Ten days sight
prem; thirty DAYS sight id3 dis: sixty DAYS sipbt
at from 2ak for very nice names to 1oal1 for good
and 1l6aI and IL for otber orades s,ar,;ne, ba.
gone IN to New York figures. Some sales ware
made today at I09s. We etuote from I0sa6s10a -
To 1Oa1ut tho latter for a;roct ra,r;.sara.f
w A"'g-eae ioe.ei ior oiect reHnttaHce, OF per-
haps for Havana account The hanks ask 110 for
s ' "oiA AAo IVA
sixty days sight, and 110s0ll05 for sight. Francs
..ul8i5 \ -
scarce. NO cotton OF moment being shipped for