The New Orleans crescent., 1868-03-28
Commercial snteIliasnr..


OnrscxEr OFFICE. NO. ~ Oknr szarsz.l
Pr'dss Evening March q. ls6a
Nothing whatever has transpired since the date
{ of our last weekly summary TO materially alter
the condition Of the general trade OF the city
Cotton ives FOR time dull but subsequently re.
sumed its former buoyancy. sales of sugar, Mo-
Z lasses and Tobacco have continued light, owing
20 limited supplies. Receipts Of Bree fstutfs and
Provisions have been feir and operations satisiac
tory, at but slightly varying prices. Money was
absndant throughout. Foreign Exchange was
scarce and 10 request at mewhat irregular -
tations, and Domestic Exchange has been 10 ig :
supply, with uniformly increasing demand, q
advancing rates. from the opening to the close *
the week.
i CorroN-The market has been somewhat ~
settled throughout during the past week. 0Ber-
ings were generally light and at no time exces-
sive. while the demand up to Wednesday evening
was restricted, and the daily sales OF a very hm-
tied character. Factors have exhibited consider
able hrmness from the opening to the close, how
ever and almost invariably obtained last weeks
prices, while most buyers. being restrained by
limits found 1t impossible to fill orders, except in
small lots or where holders had no alternative bat
TO accept Offering rates. Yesterday, howevers
material reaction trsnspired, and fair aggregate
sales were efected at steady and full previous
figures Influenced by more favorable advices from
Liverpool and New Yorh, as well as by intelh
gence Of rapid falling of in the receipts at all
prominent United States ports, and to-day, with
still more encouraging accounts from the former
and even less hopeful news from the latter, the
market disclosed unusual activity and buoyancy.
For q better understanding Of the movement
throughout fhe week, however, we would refer 10
the annexed brief summary Of the daily opera
tions, viz
Saturday,. March 2i-The market continues
ouiet hut very firm There was a some
what general inquiry to day, and heavy
sales might have beea effected had lac
tors submitted to even fractional conces-
sions but the latter were inexorable throughout,
and the total operations have been restricted 70
20O0 bales at fun previous figures, which We re.
peat as follows, viz: 0rdnery, 2laG22c.; goci
and middling. 2i16e25c. Adyices from Live
pool and enhanced rates Of Gold and Foreign
Exchange in this market have tended to uphOl1
the views Of factors to-day.
Monday, March 23-0perations IN the lead
ing staple have disclosed but little If any
alteration in prices to-day. Offerings have been
light and undesirable throughout, and some
holders Of tIiling lots, who needed money,
sold as best they could. But tue principal
factors steadily refused TO uncover their samples
except at foil previous figures. and nearly all
of the operations for the day have been effected
at our last quotations. The sales for the day but
barely footed up 2200 bales, of which 1850 bales
were taken by one broker for the French and
Spanish markets.
Tuesday. March 2f.-roday the total sal,
footed Up only loco bales at irregular but 70
lower prices, and the market closed unsettled at
previous figures.
Wednesday, March 2s.-The market con
tinues AZ comparative standstll. Most
factors manifest unabsted confidence in the
future OF the staple, and therefore sp.
pear to be wholly Indifferent about press
ing their supplies at the present Offering rates,
while buyers, on the other hand are constrained
by limits and instructions. that contrary to their
own judgment they ofttimes have TO forego op-
portunities 10 purchase. when they would other
wise operate freely. AT the same time there is nc
longer any speculative demand noticeable, aud
fse trifilng operations now effected from day q
dsx are mostly for completing lists of previous
purchases, or where holders find IL necessary tC
realize without delay. The movement since onl
lsst comprised only 1900 bales, mostly in small
lots, at irregular, and in some cases lower figures