New Orleans daily crescent., 1860-09-17
nt@ 0rleans lallp Crestfnt.
atm Orltans Hlunsu HIarktt.
CREscKSr OFFICE, No. 70 Camp street, /,
Saturday Might. Fef,s Ii lao

1t is hardly necessary to say that we have had
most inclement day fot outdoor transactions. A
storm Of rain, accompanied with something more
than an ordinary breeze Of wind, commenced this
morning, which has continued throughout the day
placing veto all outdoor transactions. We
nave very little to say pn the general movements,
OF the week In the cparse Of business there has
been some little activity, but it extends no further
than the receiving Of the usual fall supplies of
merchandise. While I've coneede there is CON
siderable briskness and liveliness on the grand
leyee, there is nothing perceivabIe to warrant the
supposition that there is any increase in general
business over September last.
The general money market has been somewhat
exercised during the week. The calls for discounts
have been increasing every day, occasionng much
harrassing and some commotion with bank manda-
tors. The calls or offerings to-day were two for
one to the income. Some of the banks are largely
in line, but that is nd evidence that they are in
position to take every piece of paper that is offered
from the trader in horses mules and cattle to the
grand operator in Thousands of bales Of cotton.
The dealing in stock (not bank and rairoads) is
| beginning to be something of Importance in our
| emporium, calling at times for more or less coin
| and exchange to cover weekly transactions.
| The weekly statement or returns of the banks to
the Board of Currency this morning as fayora-
BILE as could be expected. The loss Or decrease in
coin is not large. shipment Of gold (s12o, ,o00)
| was made this morning by one of the banks for
| New York, which will make the actual decrease of
coin for the week s2dS, 900. The demands for Gus
tom-House purposes (the payment of duties) are
now about $4,000 per week. and will increase on
the arrival of some valuable and large cargoes
! from England and France, which cargoes will en-
hance large supplies Of the cast-off gew-gaws-
millinery, silks and crinoline in general, which are
to pass current in our good city as the very latest
| style and fashions from Paris. Well, if our good
citizens are willing I'd be bamboozed by European
| diplomacy 1--WE may say) and fummery, we cannot
help it, If resident citizens are willing that
their earnings and dollars shall be sent out of the
State and city to support foreign and Northern
operatives and manufacturers, we cannot help it
If some pseudo citizens will spend all their income
in support Of those inmcal to the great South, we
cannot help it. It will be well, however, for the
friends and correspondents of these parties not to
be wondering and commenting on the money mar
ket-why exchange should be SO much against
New Orleans, or why there should be tightening
| in the money market at this season of the year.
The bank statement for the week ending to-day
shows an increase in discounts of Sl50,000. II is
manifest that the specie reserves Of the banks are
in course of depletion. When a bank finds it pro
ftable necessary to ship gold Northward to facil
litate general exchange transactions, it is certain
that our general community has been indulgins
with too much freedom. Instead of that good time
appearing, when gold was expected to flow hithel
to buy cotton and other products, we are send
ing gold to the great metropolis New York; to aid
and assist in paying debts.
twill be observed there has been an increase il
discounts for the week in toto of Sl50,000, which
includes the amount brought from dead weight t,
| active movement. The increase in the line of dis
counts and loans--say 5000 ,000-is only apparent
The banks, and all, are dscounting nothin
beyond go and 80 days, and rejecting daily goo
share of short time offerings They are forced I
this course, and it is useless for parties to
continually inquirEng why the banks don't discoul
all paper offered.