The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-02-22

o..so.s r. Q, ss.l 10 20 S..s SEE ~


With exceedingly favorable weather throughout
tie greater part of the commercial week ending
this evening, almost every department Of business
has disclosed increased activity. Cotton has been
unusually buoyent from the opening till near the
close. Operations in other leading Products and
Provisions have been restricted owing 20 the
limited character Of the supplies. The general
trade of the city has been liberal. Money hes
been abundant and freely used in loans, discounts
and the purchase of exchange Gold has fuctn-
ated 10 about the usual extent and Foreign aud
Domestic Bills have been in fair request ct rather
steadier rates than heretofore. HP
81 CoTToN-The movement ia the leading sta ole
during the three first consecutive days Of the
week have been the heaviest for the season, aud
prices advanced almost beyond precedent, owing
10 the rapid and constant upward movement at
Liverpool, New York, etc. large portion of
the business was Of speculative character, how.
ever, as several orders for the European and
Northern markets had been countermanded, and
rs most spectators had exhausted their re-
sources early in the week, the demand has ex-
hibited steady abatement towards the close.
Prices have, nevertheless, been well maintained
throughout. and the daily operations still indicate
very respectable aggregates, as viii be seen by
: the appended brief summary OF the regular tran
sactions viz:
Saturday, FEB. The market has been So far
Influenced by advices from Liverpool and New
York to-day that rates have been further eu-
HANGED fully 30olc. q %. oil around. The supply
has been at no time heavy or excessive. while the
demand has been Of an active, general aud up
ward character from the opening 70 the close Of
business. The total sales, despite the difficulty
of placing Exchange, footed Up 1900 bales. aud
had the supply been equal to the demand, the az
gregate result would doubtless have been much
larger. s..sts.I Esf +
Monday, FED. live hardly know how to de-
pict the market to-day. II has been buoyant
throughout beyond precedent At the opening il
was firm. On receipt of the fret advices from Liy-
erpooi ard New York, which disclosed material
advance IN beth, ii became excited. and when the
latest intelligence was received from the two lat
ter points, indicating Q still further mp ward move
ment all rcnnd. factors felt wholly lostas 20 ne price
they should set upon the staple. Intact come few
Of the latter covered up their samples and refused
20 sell at any figure. while most Of the others
turned the chances in their favor to the best pos
sible account. The total sales for the day
amounted to q fraction over II 600 bales, being
close to the heaviest days operation since the
termination Of the war, and the advance on yes
terday's rates was fully Hole. q u.
Tuesday, FEB. ls.-To.dsy the market opened
Liverpool and New York, and as 90
counter intelligence came to hand up TO
the close OF business. prices went still higher, and
almost every list exposed for sale was taken long
before the usual closing hour. The total opera
tions footed up $500 bales.
Wednesday, FEB. l9-The market has been
almost at stand still throughout to-day.
The supply was moderate from the open
ing to the close of business. but the an
nouncement in the early cabe telegram OF q
sin further advance In prices at Liverpool. 80 far
. unsettled the market that operators were wholly
lost IN their views as 70 the subsequent movement.
The sales for the day.. nevertheless. footed up
400 bsles. at irregular figures, but in no case
lower rates than heretofore and the market
closed unsettled. with an unmistakabe tendency
10 higher figures all round.
Thursday, FEB. 20.-Ihe movement in the