New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-06-04
geh Orlsans 1aiIg Crescent.
FINANCIAL AND coMmEReIAL DEPARTmRET
gem 0rItaas Hlantv Narket.

~ CRKscErr 0fFIcE, No. 10 Camp sfress.
Saturday Nisht, Jnne q 1860
We enter the first of the summer months under
as much business going on commercially and fiaan-
cially, as in any previous season. In the mechani
cal and building line there Is very active busi-
ness, considerably in excess Of former seasons
The Immense contracts for fhe paving and repay
ing Of our Streets the repairing of steamers at the
several dry docks and sbipyards, all will tend to
keep and require IN circulation a large amount Of
money winch can be available at any time on good
ana prompt paying securities; and although we
nave entered on the summer standard IN commerce.
there will be in the branches Of industrv and mo
ehanism an active business throughout tbs sr,,,,,a
and fall, provided we are not visited with an ami.
demic.
The most Of our transient population have a..
parted a few come-to-day and go-to-morrow foIks
are still to be observed daily ON tie streets 4
goodly number Of them are so well pleased with
our good city that they contemplate locating per
manently with US. On the other hand, there are
several who have pretended they would become
residents, and having accumulated some thousands
Of the dross, leave for the hyperborean regions
where few thousands Of Southern dollars make a
tremendous show and impression.
The wholesale and jobbfng trade for the week
has been contracted. Some few country merchants
appear on the streets daily. The communication
with Northwest Louisiana, via Red river, is about
closed tor the season; 50 with Arkansas. There
have been some receipts Of cotton this week from
above the raft on Red river The business from
this section has from time immemorial been retard-
ed till May and june but this season the river has
declined so much earlier, that large amount of
business with Upper Red river will have to lay over
till more propitious time, and that time is rather
remote, say the spring Of 1861.
In the general local and retail trade summer
stagnancy prevails. The time for taking account
OF stocks, balancing books and scrutinzing the de-
bit and credit of profit and loss account is at hand
II our iobbers and retailers are to be observed al
being any way active this month and the next, II
1 can only be accounted for from these circum
stances. Generally speaking, the Impression pre-
vails that taken altogether, the seasons business
has not been of that remunerating and lucrative
character to our merchants that the large yield Of
the great staple would lead the public to believe
There are exceptions, and they will lay with thu
grocery trade, which has been highly productive ii
the aggregate. Then our cotton factors have rear,
ed most bountiful harvest.
4 We regret to learn that the collections from th
country, say with the dry goods, hardware, boo
and shoe, and the clothing trades have not been q
that nature to call forth from our jobbers and deal
4 ers many high and coDgratulating remarks. 1t i
manifest, however, that the general indebtedness
Of our community, or Of those having commercial
relations does not show any falling off from, III