The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-15
eputnifrnaI anifIiatntt.
CHxscxsf oyrIc.. no. ~ UAHy ssBnss,
FridAH kxening. August II. 1854

W Friday Evening. August Il, 1854 |
The general trade Of the city has disclosed no |
marked Improvement OF any kind during the pas.
week. The leading staple has been qniet bn' |
firm throughout. Tobacco has been steady thoagh |
Inactive. Imported Sugar and Molssses were in |
moderate supply and demand at full prices, while |
offerings Of Louisisns were at no time better than
rominsl. BTesdsiuffs and Provisions, under light |
stocks and receipts, have with barely moderate |
inoniry slightly improved. Some orders have |
come TO hand for Dry Goods, Clothing aud Hirt
ware bnt not sufficient TO justify any elaborate |
remarks. Currency has been, as heretofore, |
sbun d. mt, with fsht daily offerings of paper for
Gold and Silver sold freely In |
to the supplies upon the market. |
Foreign Exchange has been dull but stn, and |
Domestic Exchange has been In but bsrely mode.
rate equest at our Quotations. The weather con-
tnues pleasant, with occasional showers. Our
50 ntary condition IL as favorable could be de-
sired and the advices from the interior highly
satisfactory as regard the maturing crops.
Our ANNUAL REPoRr-rhe commercial and
financial annual review for the CRssoESr Is being
prepared this year with unusual labor and sccu-
racy. Ii will contain q full, elaborate and com
prehen i've exhibit of the trade, commerce and
fnancisl operations OF the Crescent City for the
year 1867 and 1865. Comparative tables of re-
ceipts, exports and stocks of cotton, tobacco,
sugar. etc., for several years. and such incidental
remarks as may be called for regarding improve
men's in resi estate, city railroads, etc. Ins
paper has peculiar advantages over strictly
commercial journal, as most country readers want
10 be posted as to the political movement while
perusng their reports In fact no better OPP
porunity has ever been offered TO advertisers
than the present, as our annual report VIII not
only circulate extensively in everv enterprising
section of this country, but will, doubtless. hnd
its way 10 every commercial mart on the face OF
the habitable globe.
New CoTToN.-So much has been said about
the first bale of cotton this year, that we had
been led TO look for it long since, although we
have scruPulously relrained from all reference TO
lbe subject n our columns. Two bales OF the new
crop came to hand, however, on the 10th instant,
one consigned to Mr. j. Plnckney smith ana the
Otner TO Messrs. Payne, Huntington 4 Co. The
former from the plantation Of Mr.. Lola George.
Rausee rlver, Point Coupee parish, Louisiana, tue
latter IRON the Joe Davis plantation, Hurricane
Island, Mississippi, which is now managed by
Messrs. Montgomery ~ Sons, and worked oy Mr..
Davis former slaves. On the 18th inst. Messrs.
Penn Pace Nixon received one bale from Mr.. w.
s. Slaughers plantation, Port Hickey, and Messrs.
Bouligny x Esclapon received one bale ron the
plantation of Mr.. Charles l.. Piersol, OF Rspides
parish, while two bales from the Cedar Grove
plantation, Bayou kspIdes, have been received
TO day by MessTs. Lehman, Newgass Co., aud
two bales by the Quitman to A. Levy. Thus far
we have received in all eight bales, but as the
clsssifcstions differ materially, we are unable to
offer any indication of the openi ng price OF the
new crop. Since writing the above, we learn
that the Southern Express Company has bronghs
one bale from Montgomery, Alabama, which was
was in good order, weighed $50 lbs. and classed
mi6dliDg. With the exception OF one or two
bales which have passed through this ciry from
Texas TO New York the above are the earliest
arrivals of the crop of lS6S and 1869 thus far an
nouneed. .lf
Much stress has been laid upon supposed con-
nection between the date OF blooming, the re-
ceipt of the first bale in market aud the total or
aggregate yield of the staple. But that no rela.
ton exists m the premises is clearly established
by the following facts, viz: The first bale re-
| ceiyed in 1850 was on the 9Th of July, and the
| total receipts that year to september let were
Sc $40 bales. In 1858, the first bale received vas
| July 25th, and the aggregate receipts 10 Septem-
| her LIST were 1894 bales. In 1866 the first bale
| was received July 26th and the full receipts to
49, was I bs sSu t Tse H Rs oas
ceipts 10 September LIST were 969S bales. IL will
thus be seen that the date OF first receipts has nc
bearing whatever on the aggregate receipts ever
| for the first or second months OF the cotton sea
| son; and il is hardly necessary to add that the
date of the first bloom is of still less importance
in forming an estimate Of the probable yield o.
the staple for any given year.
| Corros-The movement in the leading staple
| has disclosed considerable apathy since the elos'
| of our weekly review Friday evening" itn inst
Adyices from Liverpool and New York were gen
orally of a reasoning character, and, on TIT
whole have exhibited q decided Improvement
but the supply on sale here has been at no tim
sufficient to attract buyers, and daily operation
| have DeeQ 70 uTtotct7 tutoubhoo. A
fact operations have been of such an irregula
character that no reliable quotations were obtain
| able at any date, and the figures suomlttei u
another column this evening are only given a
approximating rates. The latter, however,
| compared with the ruling prices at the close Q
the previous week, show net advance OF tc;:
Mound but most holders seem confident that the
will soon realize even still better prices. FOR
| full understanding of the market we would refer
however, TO the subjoined extracts from on
AoslU
Saturday, August s. : There was som
INQUIRY to-day for few tihing lou
and 80 bales were taken by Two parus
at irregular prices. Advices from otner promihei
points are more satisfactory, but they can ha'
no sppreciable effect here, as our Offering stoc
is almost wholly exhausted.
| Mondng Aug. l0-Holders have been very at
, to-day, owing to the more favorable tenor OF "a
Liverpool and New York advices. Onerlngs we
very light, however, and the demand was al !
time much better than nominal. Operations ha'
been restricted to 81 bales, In three lots at SUI
irregular figures that it is impossible to give "a
tations, although we may remark that factors co
! tend the market is fully lc. u d. higher than
was at the close OF business Saturday.
Tuesday, dug. l4.-The market has undergor
! no alteTsIion whatever to-day. The supply and d
| msnd were restricted throughout, and operation
have, been confined TO 50 bales, in two lots, to OF
party, at such irregular prices that we are ct
unable TO furnish reliable or even approximate
quotations.
y . Wednesday,, Aug. ll.-tno mafhot NuaJ
on ct but very firm. There has been little or
inquiry throughout, and operations have be
restricted to Is bales in two lots, al prices too
? settled TO furnish reliable figures.
n Thursday, Aug. l2.-The movement IN the lea
d ing staple continues almost at complete standst
u Offerings Of desirable qualities are still OF ~
. lied character, and, as the Liverpool and NJ
|, York markets are reported hrmer, holders
y rot seem willing TO sell at the figures offered
10 purchasers The total sales to-day embrace gu
is bales, while TIE market is still too unsestl
for any reliable quotations. 1airs.,
Friddy Aug. a. To day there has been MOTH
whatever done in the staple. The supply a
demand have ruled throughout as for some III
past, but operators could not agree upon pric
IL is hardly necessary to add that 10 the press
condition Of the market reliable quotations
still wholly unattainsble. but nevertheless ord,
: of even moderate extent could not be execu
at better than Csc. for good ordinary and &c.
low middline, while offerings of other grades
OF too restricted character to admit OF even I
proximatng figures.
n The total sales for the week amounted TO only
bales sgainst IS bales last week, and 3l1 ba
| ,ba uask before The net receDts have Df