New Orleans daily crescent., 1860-12-10
Neh Orltans Daily Crescent.
FIEANcIAL AND COMMERCIAL DEPARTMENT.
Ue1 0rlfars HIontp Nlarhtt.
CRESCENT OFFICE, No. 10 Camp street,
Saturday Night, Dec. z. 1860,

The week closes without any immediate prospect
for amelioration in commerce and trade, nor is any
expected for some time to come Weeks at least
will intervene before q change for the better can
be realized. A fair quantity Of cotton changed
hands in the early part of the week but at rather
low prices Sugar has changed hands in moderate
quantities, which, with other produce, make the |
movements for the week about two millions OF dol
lars. Years ago this would be called heavy |
weeks transactions in fact, sales to this extent
would have been termed the ne plus ultra of great
ness and prosperity. At this period, or in this ad
vanced age, they pass as trifing and moderate.
We have grown too rapidly, became too extended
to pass through crisis without many obstructiona
and reverses. This great community ought never
to have been so greatly involved, SO dependent, |
following two prolific seasons of returns in the
great element of commerce, cotton. Unfortunately
many millions Of dollars have gone to other sec
| tons of the country and to Europe, from whence
| they will not return.
The concourse of migratory population is as
great usual at this of the year, with the
usual number Of thousands of new intended resi-
dents OF this latter class there is large increase
over former years. The very great depression in
manufacturing pursuits, in all branches of trade, is
| throwing into our midst large numbers of seekers
for only living; they Of course, bring capital
| nor means with them. Some few do bring habits
of industry and knowledge of mechanical and in
dustia arts. There room for this class, and the
many can make capital for themselves Neyerthe-
less, the increase of our population in general is
not of that character that will be Of any great ad
4 vantage to US.
The communication with Northwest Louisiana
being now resumed, will urge the speedy forward
ing of the staple from that section also from East
eih ieAas' anu mag ~ so'n0 iespesVs s.'0 h''p
me aiio soile ahiiiia'oh " sonefai tiiousn
we cannot expect 10 lee. wi'l many planters nor
.herciisnSs ~ aite ~ ne.tlel WI 'sie
pe any great Increase III 'ne ueliaia iof
aises ECONOMY anu retfenchihehs = 'iie ofuer y
she uay in9 opt-on sane ssi S'eiS u"'
'naV tneie "iii " h'.uins Due tno aovual heeessa
ries oi NE purchased t1ls season. sihe .nousahus
oi Carriages, ~, oh0 t'sh' ahnua1 soiu - oal
WI 70 ~ N9 cav, eiio
money heleeoiore eaAen " oonheoNe'I "no He"
Jersey Miii Vt We 'e''iieu heio ioi ohe seas.n IN
iae'' eleie "iti ue nv lioes 'iii9 soaeor ~
tne Iiiions ~ VI uoittis t ne'e'o,o So +'oi ~
WIN oi'eilins anu o'iei soous VI No'thvih nianu
iaosuie' - hhe' .neie q 'u,iSens suppn.a = ~
s'ous anu sen0i a. ii.s, ~ u ,ne w as.
ior 'ao seais ~ ieaulle iui,y tha' y
lne 10 sen ou uispose VI 'he s.oehs NJ" oh nahu
Ans aiso applies " ene hlililheiy' lanoy ielaii
faue anu oiihoiiiie 'iaue III seh0fai nos.0e
iroih uas .o'uas ieee,p,7 :. r.i !.
J pelhg feceneu from 'ie Not.i anu Iufope. 1t
may oe "ei o' "to sAese ~,
: W pe ean0eiteu ~ tAe "a' u pa' inens
tleie "ii w iAon'9 inat n'' inns sp,nss' 'ne'e
/ Will oe ny iois paper iia.Me, .le usaa'
Oh crops W Ut sto"h VIII NC iii''ieasaiapty eu'.
taned ana restrlcteu' as our pfeaictlohs ol ias'
summer iaise purchases ior 'iis seasoh
E traoe' IT. peiis aahy HetiAeu' W. asan repea, !,
+ tle eautioh 10 ah oui iiei ohan's ueaieis anu
tiaoers oohne you oAueis y sne spiihs tlaoe ~ ~
,ie very ~" es' ''lnN ,ieie -" ~
oe ny spring t.aue tiiis ~ te osuAi seilse "
sre oiN'
If VI ~
s,aaa,,. -, % ~.
+ 1:.,aa, o,a,,,o,, ~ ,,s,I ,u;,tor ,;.s ,;,, h
!, ..,s a. 1a+ar ror;od and new to,,sa,a
af n,ontors and otbe~a will in oil nrobab;ty
\ ,ost,one tbe;r visit. to mora ansnicions ner;od
to ,,;al ,ri,l ro+ bo Iono in foIIouna tho sattle
OF r,on+ 90 H. ,roa4 nrestion now 5;stnrbin, n
= o,,rtr,- In Tho ,noontioe tho south will cenoe
~ ;n5abtodnoss a. fost az ,,oss;hla Tba rennda
N to, of dohts ia MT +bouqbt of 40 assarta5 bv tba
e mongrel bodv the New York BOARD Of Currency
= staviavs thonyb suoeested have been nroscribe,
Il I, o,a oraat Snutbarn aofslat.re MissisSnu; h,
not being acted on nassed over atoeether. True
en- in some States tbe SUSPENSION of speeie pavment
e s9 an tbe mart Of hanks has heen sanctioned an
rronto5 by Jeo;s,atnras now in sess;on JTnfort,
natn,y tbe banking statutes Of those States wer
ID defactive in many respeets. and not eoual TO th
y emergency. Had thew been similar. or after til
statutes of Louisiana. legislative action would no
have been a matter of necessity True the mme
:; date constituents of the banks of those State
is would have BEEN as our own community is, sc
. verely pressed, but good would have come from il
as will great good follow the maintenance and cor
il stancy on tbe mart of the moneyed institution
tie of New Orleans to adhere to the cardinal and ful
damental principles of their organization, col
n n payments at all times II no other city, State
. community has standard, let this great emporium
an have the banner.
ii, They are going forward in sister city Mobi
he more harmoniously, as it were than in this goo
city, that is, in the way Of exchange transactions
Zip nor is the money market so severely pressed {
y ours. Mobile, however, has only to stand ii
pfunt OF lts own state, ~ own iocanty New y
= leans mas 10 1nrnsh iaeihues 1of htteeh etaee