New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-04-23
nen Orleans Daily Crescent.
FINANCIAL AND COMMERCIAL DEPARTMENT
As@ 0rLeans Nleasu sflarhst.
orxsossr orvlos, NJ. . Camp 3, street, 4; t.,

Cnxscgsr Orrics, No. 20 carnp street, I
Saturday Night April q. 1865
marked decrease in every branch Of commerce
and trade has been noted every day for the week.
Transient residents dealers and traders are leaving
by every conveyance, and from present indications
an early close to business will follow the present
month, excepting the movements in the general
money market, which will continue till later
period, as good amount of payments and obhga-
ton has to be provided for before the termination
Of the commercial year. The sales Of cotton for
the commercial week reach As, 900 bales against
9,TOo bales for the corresponding week last year
great contrast The stock on hand is less than IT
was at the same day two years ago, say 343,ooo
against 353 600 in 1885, and 1858 600 last year. His
difficult to come to any conclusion how much Oh
the stock is for sale. There have been some thou-
sands of bales shipped for planters ana growers
account. If this system was carried out-corres-
ponding with some twenty years ago and more re-
cent date-it would be an Elysian time with Man.
chester spinners they would set their own prices
on the Liverpool market unless the cotton went
under consignment to the very strongest houses.
The importers at Liverpool and the spectators,
with their agents on this side, that is the general
middle men, have been of immense service to the
planting interest they have sustained the markets
for three years past particularly in Liverpool. All
they require is delegation Of our factors just to
step out on the Liverpool flags and show the i'm
porters how to manage a large market.
In tobacco the movements are free, aiding in
keeping good supply of exchange on the market
from day to day. The sugar and molasses trade is
fast drawing to close, and the general demand
seasons at this time, when the market has been
under good supply, with open communication with
| the great West for the entire season.
| The general wholesale and iobbing trade, of
course, feels the decline of the season. There are
| a few merchants in town from Texas, and a few
/ from Northwest Louisiana. The communication
with Red river is rapidly being curtaied BY the
falling stage in the water. The trade with the
country through which the railroads pass will be
regular, as communication with the city cannot be
interrupted, and supplies can be obtained at any
time, and small stocks repenished without delay,
and at very moderate expenses and loss Of time;
yet the usual running to Northern cities WILL it is
believed, be as free as last year, particularly with
| those country dealers and merchants whose afini-
ties and feelings are generally Of Northern cast
and whose numbers count up hundreds throughout
the great Southwest. The grocery business has
greatly fallen off this month; but take the season
through majority of the grocers do not complain.
yet some who have INDUCED in long credits feel
the changes in the financial Market in the antici-
pating their bills receivable at the low rates of in
rest Of last year of this time Of course, with the
concomitant branches of trade, the same remark
applies, decreasing sales and SO on.
!, Tn the fancy rnfa and {nca de Grnat dinnll-
ton is observable. Crinolne, millinery and the
haberdashery feel the daily departure Of transient
residents, though the grand Boulevard Canal, and
lesser Royal and Charities, well visited, but the
great crowds Of shoppers and pedestrians that we
have noticed for months are reduced and thinning
off daily. In fact, we approaching the summer
standard about four or five weeks in advance O
I last year.
tits manifest that the mechanical and industrial
? branches are not effected by the present littl'
/ tightness in the money Market The building o
houses is going on in almost every part of the city
There will be as many houses built this season a
last, and they will not be sufficient to meet the de
nand, or the rush of people that will be erowdin
in on us next season. twill be immateral whethe
we have a healthy season or not as there will b.
just as many crowding on us, be the hygenic con
dtion Of the city good or bad. It's however, pre-
mature to be abiding to the health of our city
this time, for lenders Of money to be using suc
/ arguments, whereby to keep up the price or valu
of money. During this week the calls at the yari
Gus banks have not in the aggregate been St
/ very heavy; nevertheless, they have all beel
running down very close on line. For instance
the old chartered banks from $4,000 to $3.50 900
Z which enables them to keen in q good position