New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-01-09
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TIN fYrat .srot5 ~ IL ,,.aws 1a..n ~. ls W.. O.
tini,o,sst ta,,o ,,a,n,an.s t,o,,,,a9 ,t.,r,
rata Ins,,eas hi ,,,..4 1s,s, ~. a. Al M,
great trade of il. yyea, "a -, 81. -
cold weather. ara s,,a ,xoatI,e, ca, t,,o ,.,,
been nnfay orafs. ~ act;xa ,,,,x,,;sg =, $50
branches Of trade fsr has been ss ,,ssr,t
More dry goods hayas been said ami, an ep,araad \
demand for groceries, has aIso tata., Mace II 4
manifest, however. ths there Ia a1arya fa,,;no ~
III the amount III safes AZ mercy,,;se c,,,a,,avaa
with last year at this tire This ao,,liss mara II
the Wholesale and jobEing sary srosa t,ax N son.
comitant branches of business The CITY !. crowd
ed with citizens from the adjacent States. but tle
most Of them are ON aunts CT pleasure moreover.
it is the racing season. The Visitors wo anustally
pass some weeks or months i'll our city leave very
little cash. They do not come to spend money,
bnt many come to carry away as much Oh they
can realize or gather up IN one way or another
consequently, if our streets are daily thronged
with people, it Is not conffrInatory that an active
business is going on. There arc many planters
from Mississippi and our own State at present on
their annual visit to the city. They purchase
rather sparingly. They seem very partial to in
yestments in the descendants of Africa. This il
proverbial. At this moment they are paying
higher prices for negroes and corresponding prices
for land than ever before, demanding through our
mercantile community all the resources ait the
command of the banks as has been developed bv
the course of the money market this week
Tin the general local and retail trade there has
evidently been large sales and good business is
the sequel Of the weeks movements, calling into
reauisition increased sums of money. There will
be a large influx of customers and traders from
Northwest Louisiana and Arkansas. That enter.
prising and prosperous city, Memphis, is, how
ever. securing large share III the trade Of Arkan
sas, north of Arkansas river. In fact. we learn
that more favorable terms of credit are granted in
Memphis than it Ii possible for otr merchants to
allow. Over 100000 bales Of cotton will be shin
ped by the inland route tlIis season from Memphis
To the Eastern cities that Is r;a tho f,lio r;ver
/ Cairo and ST. Louis. True. New Orleans viii, re-
/ ceiye as much AZ II, nrevious years embracing a
| good share of tile increase in reeeipts Years ago
4 all The dry goods. bsrdware NH ,nereband;se n
| general sold in Memphis. and the entire old West
ern district If Tennessee we're ,,urcbasea and s,,n
| pIied through New Orleans. At the nresent time.
suaar molasses coffee salt and ovsters are sbout
Tie only articles purchased in ana furnished nv te
| Crescent CITY In ana essential and IMMIGRANT
point our commercial community possesses and
comedies greater privileges than any other. We
defy any market in Christendom to compete with
IL DR. divert err c,,stom tits t hest drawing most
| in existence. In advancing ON erous 10 grow in
acceptinq and granting facilities in exchange to an
unlimited extent. in furnishing gold and silver for
/ mi the hanks. exchange dealers and merchants
/ tbrougbout Tennessee IL has M comnettor. in
fact it's in this resneet ia undisnutalle
ard SETS Az na,tlt ALI rivalry We ara also closely
connected and will continue so. with other points.
other cities and towns hy the same ties ana bonds
which. it is oped. are adyanta neous to all parties.
4 and it is presumed they are profitable.
j The most important feature ii the week has been
the great day of payments 4th of the month
which were unusually large The demand fol
money and accommodation has been active fol
the past fire weeks, and notwithstanding Their,
have hae,, 1,ad into hank thia ,raal, tr, millions 4