The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-09-05
Commercial Sntsllisentr.
CRRscExr OFFICE. No. "a CAxr srsEI
Eridax kvaninr San 4 Iaea

CRRscKHT OFFICE No "a CAMP STREET (,
Friday Evening Sept 4, 1868
REVIEW OF THE MARKETS. Whilst we CHEER
fully admit that the tone of business circles gene
rally Is more hopeful, and In many cases buoy.
ant, we are still wholly unable to discover any ma.
teria improvement in the general trade Of the city
up 20 the present writing. There has been a
steadily increasing demand for cotton during the
past four days, exclusively for the North and
East, but at slightly lower prices Tobacco has
continued firm and inactive. Sugar and molasses
have been dull and dropping throughout. Bread
etufis and provisions have remained quiet and
steady. The money market has shown no signs Of
striDgency. Gold has huctuated to about the
usual extent. Foreign exchange has been neg
lected and domestic exchange has declined, owing
to increased offerings OF commercial sight and
short sight.
CoTTOs-In our annual report published on the
list inst. we gave full particulars of operations in
gthe leading staple up 10 Monday evening" the 3lst
ult, and the stock hand that day az ascertained
by actual count, including receipts of old and new
crop, the latter amounting 10 the aggregate to
1910 bales, and embracing the Gov. Aliens cargo
SsS bales; and today instead of having full
weeks business to comment upon. our lsbors are
necessarily confined TO the movement of the past
four days. Quotations have slightly receded since
the close OF the past year, but the demand has in.
creased. and as most of the new crop thus far
offered has been already absorbed, there is some
evidence of favorable reaction despite the
downward tendency OF the New York market.
The new Cotton coming 10 is generally of good
quality, mostly chasing low middling to miding,
bot great part of it has been cut or otherwise
injured IN the ginning. In order that our readers
should fully understand the condition OF the mar.
ket, we append some extracts from our daily re.
ports, viz:
Tuesday, Sept. 1, Is6s.-The first day Of
the commercial year, lS6s69 opened to-
:day upon very quiet market. Oder.
sings Of both new and old samples were in
moderate II not sufficient supply to attract general
buyers, but the demand was Of very restricted
character throughout, and sales were confined to
rs bales at irregular prices. No reliable quota
tions can yet be given for any classification Of the
staplei but 26G26ac. for low middling and &c.
for middling fnew) were considered closely ap.
proximating figures this evening.
Wednesday. Sept. 2.-0perations in the lead
ing staple to-day have aggregated ASS
bales, including 400 bales taken by one
buyer. The inquiry indicated a moderate
Improvement, but prices show q slight decline.
Thursday. Sept. s;-The steady rains Of
the last few days begin to excite appre-
tensions for the growing crop. Offerings 10
our market show gradual increase, and
the demand discloses a steady improvement.
sales to-day amounted 10 S02 bales at
yesterdays figures, the latter having been mp
held by the condition Of the weather against the
uniavoraole tenor Of telegraphic sdyices from
New York.
Friday, Sept. To-day the supply and demand
have disclosed uniform falling of. but prices
have undergone no alteration whatever. The to-
tai sales amounted to only 2l0 bales, in small lots
divided among five buyers. The market is stiIi
somewhat unsettled, but we feel justified in onoi.
ing low Kidding (newl at 26@26Ac. and middIine
do: at 27c. These figures disclose decline of Sc.
. H., as compared with the ruling rates Friday
evening, the 2sth ult The steamer Gen. 0uitma1
arrived today from Vicksburg, bringing 7O2 bales,
mostly new crop.
The total sales from the lst inst inc usye. have
peen 1914 bales, against sSS bales last week and