New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-07-15
rgeals Hlpatr NEarAst.
lREsunET pFFTCE. No. Yg Camp stree
~ q ] ,t,,.sf !, i ris.;,t J,,Ity JQT 1881 .

n JRKsuEEI pFFTCE. No 10 Camp street.
Saturday Night July Is, 1861.
The week closes under about the same feeling
with which ii commenced. Day after day we re-.
oeive The most absurd and adictory reports Of
events from the seat of war What little credit the
Il telegraphic commanded IS now annulled. Stock
holders might as well close their companies and
iiqnidata. Tho foreign commercial advices receiv-
ed during the week are up the 29th Of June per
Y Canadas Gstton was steadily advancing, and will
go up-it il impossible To say how much, under the
intent Oh growers ana eultigators not to allow d
bale ID go cut Of the country until the Confederate
statesof america are recognized by the great
powers Of Europe. We look fer an early recogni-
ton, however on tha part Of the French Empire.
Il ENGLAND is under the influence of the Exeter Hall
fanatics. We shall understand England before
Chrstsaas next when the stock of cotton in LIVER
pool reoedes IL less than quarter Of million Of
II bales. The most imp ortant movements ia mar
ket fos sometime past <rendered douby important
dit this time from the blockade Of our ports) have
been the purchasing of over two thousand hogs
heads Of tobacco for account of the French Gov
eminent. These purchases have been going on for
3 nearly three weeks. How is the tobacco to be ex-
ported The French feet has arrived in Northern
/ waters, ana viii he South before long. Lincoln,
Seward 4 o.. blockade will be tested at an early
day, IN
These transactions in tobacco, with sales Of bag
ging ana rope, and the ordinary local demand for
hreadstnffs and provisions, have thrown some
money into circua ton, and though there are many
Iaints Of general suspension Of trade, yet we
nave Ia remark that We have known more sta gnant
periods and greater depression in trade in our city
chan what now exists
Though there have been very FEW sales Of real
estate lately there is disposition to invest in cen
trail located property. Al sale was made to-day to-
close ali estate Of the property known as No. Old
Lsyee street, next 10 the corner Of Canal street
lot 18 feet 'front.' depth 66 feet to Dorsere street.
where it has the same dune sions, is feet, Price,
Sf8s 1850, part cash and balance nearly equivalent
thereto. The building Ill Of britk three stories.
and III very ordinary condition. This is proof that
real estate holds DIP vel, and owners have no Fears
ofLinooln, Seward Il Co. = war. There are several
! parcels Of real estate offered Oh the market But
n 40 desire Is eyineed to sell at depressed or war
prices, i'd termed.
In and about The city there are some improve
Inants going on n the way Of buildings. The City
Railroad has opened q way Of communication to
the oasskirts Of the city, which causes daily adj
Il yancing tendencies On all uninpr0yed property.
Nov is the time for our mechanics laborers and
AL who depend oa labor and standing salaries to
secure Homestead At low prices.
The slasement os The Banks to the Board Of Cur
Fency made this morning, show some changes. Al
falling on IN specie, q decrease in circulation OF
nearly $500 ,00o are the prominent variations The
errtailment Id discounts is going. IL Ii d voluntary
reduction The community has reduced its in
debtedness during Tie last two months, NV since
tie 18th Of May two millions and thirty.seyen dol
Lara. This amount has been paid to the banks