The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-01

ususIly heavy CONCESSIONS, while holders uni
fofmy covered up their samples and declined TO
make any further overtures. No sales whatever
have traDspired since our last, aud there are no
quotations obtainable in the present condition Of
the market
Wednesday, July 29.--Owing to continued IN.
favorable sdvices from Liverpool and New Y rk
and to the temporary absence Of the principal buy.
err who has been nibbling here for the past few
weeks, the moyementin the leading staple has been
sgain wholly suspended in this market to day. Most
factors still manifest disposition to withhold their
diminished supplies, however, but in order to eff
feet sales they would have TO submit TO further
heavy concessions. 1t is hardly necessary to add,
however, that any class of quotations approach
ing accuracy are still unattainsbe, owing to the
unsettled condition Of the market.
Thursday, July 30-The tone of the advices from
Liverpool and New York this morning would in
dictate that the lowest depth had been reached,
bot business in our market continues at a stand
still nevertheless. Offerings Of any classification
cannot be regarded as much better than nominal,
and the extent of the inquiry may be inferred
from the total sales, which barely reached bales,
10 two purchasers. There are no quotations for
the staple this evening.
Friday. July 81 To-day we have to report
Bales of az bales at still lower rates. Most factors
refused to uncover their samples, under the inn
preston that prices must soon improve; but
Others appeared anxious to close out their rem
nants, and submitted TO q further heavy decline.
The nominal or approximating prices this even.
ing were: 24@24ac. for good ordinary, 25626o.
for low mddliDg, and 21@273c. for mddling,
which, when compared with the ruling figures on
Friday evering. oath inst, disclose a net decline
of 230133c. ~ D. upon all classifcatiOns.
The total sales for the week amounted to only 81
bales, against 602 bales last week, and 943 bales
the week before. The net receipts have been limit
TO l0l bales against 1854 sbales last week, show.
ing falling of 263 bales and $50 bales receipts the
week before. The aggregate exports were
GAO bales against SS7 bales last week. and 4673
bales the week before and the stock on hand aud
fola amin 10 ALL.
against 1901 bales last week, and 1855 bales at
the close of the previous week. The exports
for the past week have been exclusively for
New York.
COTTON STATEMENT.
Stock on hand Sept l. s57................... Hss
Resolved since yesterday. ....s.-............
Made up from picines sample: and Cotton
received in sacks aud balsd here since
September l. 65l5-66l,4a
Exported since yes erdsy ................... Oc0
Exported 2s46i6,2S4
Stock hasd .hlDbOsrd 2O25
COMMERCIAL ExPANsIoN.-We take great pleas
ure in announcing that tomorrow, August LIST,
that highly responsible firm, r. G. Musgrove &
Son, Of this city, will establish branch of their
house at New York, under the name and title Of
e. b. Nusgroye Co., as cotton and general com.
mission merchants. Having trustworthy agents
in Savannah, Charleston, Mobile and Galveston,
they invite orders for prompt execution at any of
the above named ports. To the citizens of New
Orleans and of the louth generally, where Messrs.
Musgrove Son are so well and SO favorably
known, it would be superfuous to say one word in
their favor, but as they are about to explore new
regions, we may be permitted to add that more
honorable or trustworthy men have never graced
the Crescent City.
ToBAcco-There was but little inquiry early 10
tie week. and buyers do not now evince any de-
sire TO purchase, which may be attributed to the
fact of the scarcity of vessels at the levee, and
none Of them mp for those foreign ports to which
shipments of tObacco are made at this season of
the year. The transactions of the week. as will
be seen upon ref -rring to our report below, were
in lots of few hogsheads, and embraced selec.
tions from pretty much all of the offerings in the
market With a very moderate supply at present
on sale, and very little prospect of large acces.
sions from this time forward holders continue firm
in their rates, which have undergone no material
variation since our last weekly report, and we
4harafora oontinua IN nuota.