New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-08-29
1AstD 0rIeaas 5flolleu HTarktt.
N. cnrsansT erslr. No. % an

5CREss,sNT ORR,
81 Wednesday Evening. Aug ., 1884,
S The paper market today, to use the phraseology
of some parties. was nowhere. Kote-brokers APP
pear to be Rhistling for an opportunity to dilate
and expoand on the merits and goodnessso of what
/ they have to offer. Bill and exchange brokers
have nibble now and then, as there are some bal
ances due from Europe to be drawn for. major
I lily Of those useful members Of the body financial
are however, frustrating out on the jackson Rail-
road and across the lake, with an occasional one
heard of away of In the Northern States, the
loyalty Of whom to the South may well be doubted
"a number of our pseudo capitalists arelnow within
the limits Of the Northern despotie Government
possibly some Of them may be invited to take a
visit the Bastile Lafayette, Fork, whicltis
far less pleasanter place than the flags Of our good
city, New Orleans. There are several Of our lead
ing citizens now known to be north. of Masongand
Dixen's line who are liable to arrest at any mo-
ment, and sent to the Bastile Lafayette. 1t is the
part Of prudence for their friends here to urge
them TO return forthwith, provided they can com
municate with them. Our sympathy is not very
extended for those. who have voluntarily gone
NorthWard this season, when they were aware
\ that their services were wanted at home.
The Confederate Congress has repealed the 18th
aecton of the act 10 regulate foreign coins. This
section of the act relates to foreign gold coins, and
abrogates entirely the severeigns of England, the
Napoleons of France and the Spanish and Mex
lean doubloons as q legal tender hereafter. We
are not that the repeal of this act will have
any important bearing on. our currency. 1t will
give our brokers q broader scope for trade, and
will call into service the Mint for recoinage n
There were no large offerings of Treasury notes.
to-day, nor are we aware there were any small
ones. The brokers are not buying in fact, there
are only three known brokers or dealers in incur
rent money in dur city & 5-.l.5s 49,,
The Exchange markets. q thing that was There
were some good sterling offering to-day at SIS days
date, which was taken at Ida further decline
from last weeks rates. Some dealers are bearing
Y on the market with no higher offers thanl029l04.
at the same time the banks, which have balances
10 draw for, ask much higher rates, say l0SG0 I0S
bnt it is arbitrary to be making comparisons at
this time between outside and bank rates. In
francs there are no transactions beyond some light
sales for remittance purposes. There are several
property holders Of Orleans residing in France
who depend on their monthly remittances for rents
with the Same feeling as they expect the sun to
rise Tomorrow. How they will expatiate on the
" War-tsx, We are not prepared to say We hope
their feelings Of friendship, or their democratic
viii not be diminished by the impost
Tie Stock market was quiet to-day. The only
sale to onr knowledge was 10 shares of the CITY
Railroad OF another ADVANCE. This stock ap-
peas 70 pc jumping up, not creeping up. Some
holders are asking lA5. The quotations are broad
say lso@i45, All we can say is that it is an t,.sti-
iation fixed. Not movement in bank shares, nor
A do we learn Of any sales Of insurance scrip.
The business Of New York city Is falling Oft at 4
rapid rate. The following remarks, from The none.
Y tary article Of the New York News, ofsshe 2sd
show thatthe foreignttrade of that city isnow one
of the things that were ,
The returns of the trade Of this port for thu
month Of July are So follows