New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-11
Heb 0tIfaas sIlolgru gtlarket.
carscEsr OFFICE, No. 10 CT

SssS q Tuesday Evening, Dee 10, 1851 !
a was something like calling spirits from The
s nasty deep to-day to raise ordinary movements il
financial circles. In and about the banks it was
quiet. Some few discounts were granted and re
newals, as usual, were carried through. The large
sales Of sugar and molasses, though at rather low
prices are placing factors and others connected
with that Interest iii funds, that ii, they are in
financial parlanee, flush. AS regards the great
cotton interest, MEASURES are ID course Of being
concocted, 50 that the ecntive of the State may
modify the mandate prohibiting the import Of cot
tom thereby admitting 10 get. Of the crop to come
TO market Not, however, allowing any one
planter to forward over one hundred bales Assume
Ing the crop OF growth at two million bales, this
would throw on the market about zoo, GOO bales,
which would Immediately command at least eight
miisns Of dollars, though there should not be any
Immediate chance Of shipment We verify believe
that millions of dollars are Immediately ayaila
beIor cotton at lee. per b. for Middling that is,
there are buyers for that quantity, and perhaps
more. What they would do with the cotfon, or
how they would ship it Or send it over the water,
not our purpose to dilate on, though We can rest
assured that bonds would be given that it should
mot be landed in the land of Yankeedops.
A.naeeting be Presidents Of banks was convened
to-day 10 consult IN measures to be- presented to
theccmmittee fron tho Legislature for the relief
OF the planting interest. If our authorities permit
100000 balesof cotton TO leave the plantations,
this would grant relief. II, however our author.
ties afe under the impression that our city to be
taken BIZ the HessiRns, and that the receipts Of
one.tentli Of The crop between now and tie 6rst.
day Of July next will seriously encourage the
enemy 20 obtain possession Of iii then they ought
not to grant PERMISSION for II tc come to market.
Honey can be realized on cotton with much more
facility when stored in warehouse within the limits
Of The city than when stored on plantations or ii
Country warehouses. Cond itioDs of the strongest
kind err be attached to all receipts and sales Of
cotton. 90 as " obYiate any misappication Of its
course IN European markets, SsS En-
The Committee on Banks from the Legislature
are still In the city Their labors are nearly com.
pietad. They Will await the result Of the general
Convention cf Bank Presidents and the committee
g determine on what 70 rscomms end to the Legis-
iatnre. ssis IN .isi yy3g
The movements id the stock market were light
Today We Notice the sale II so shares Canal Bank
at I21. So IS 8 a
!ghs annual election Of directors Of the Canal.
Bank was held yesterday, which resulted in some
thing pf d drawn tight The opposition ticket was
remarkably well supported, and but for the trans
fer Of shares made within the past sixty days, the
entire opposition licked $50 ealied) would: have
been elected. AS II was, We find the following
stockholders returned to serve for the next year,
with tie full number Of votes cast for each !.
Geo. ". Babcock, az George Jonas. ~. 1896
J. 81. Stauffer,, n. 2gT0lC. +. Bnddecke 1919
Mo sH Norton 1888 Samuel Smith. 1901