The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-27
Commercial eyntsQnents.
CBxscEsV OYyIcx, No. "a OixP 5rRzxs, I
Friday Evening, Feb. Is, 1853.

Friday Evening. FEB. IS 1853. ;
REVIEW OF THE NARKETs-Nothing has tran
spired during the past week TO materially alter
the condition of the general trade Of the city.
Country merchants and planters have come
forward freely TO lay in theT stocks and supplies
while the nunaeroos orders reoo'vrd rfoIii INC m
terror have kept parties engaged ia the wholesale
and jObbDg trade generally busy. Cotton has
ruled with considerable irregularity. Tobacco
has come in more freely but the weather has been
unfavorable for handling it. Receipts Of Sugar
and Molasses have fallen of, and ell offerings met
ready sale at enhanced prices. Flourh has declined
under liberal supplies and heavy anticipated arri
walls. Corn advanced early ia the week owing to
restricted offerings, but has since reacted on &C
count of increasing receipts. Oats, Bran and
hay have been in limited supply and demand at
firm figures, especially the latter, which shows an
advance, while Pork, Bacon and Lard remained
dull and dropping up to Thursday, when a very
marked Improvement commenced which 10 still
steadily progressing. Money continues ebun-
dent. Foreign Exchange is quiet and lower, and
Domestic Exchange is unsettled but discloses no
marked variation in rates.
CoTToN-The past week has disclosed some
marked alterations il the movement Of the leading
staple. For the three first days il showed rapid
recovery of the very heavy net decline reported
Friday evening, the 10Th inst; but since Wednes-
day prices have steadily tended downward, and
the previous gain has been almost wholly lost.
The above fluctuations are exclusively Attributable
to the variations in the Liverpool aud New York
Cotton markets, ard 10 The cratic condition of
Gold and Foreign Exchange. The offering sup.
plies here have been of an unusually restricted
character throughout, az most factors strenu0usly
resisted all applications for concessions and kent
their samples covered, feeling confident that foil
previous rates viii again soon prevail, while sew
eral buyers have remained entirely passive, the
asking prices being uniformly above their limits.
For a full understanding of the changes and
movement since the dafe Of our last weekly re.
view, however, we would refer to the subjoiled
extracts from our daily reports, viz
Saturday, fe0. 20.-There has been some
evidence Of reeuperation noticeable in the
but at no time heavy or general, and the
demand was moderate from the opening
to the close Of business. New York ad-
vices tended in favor of holders, aud the total
sales amounted to 1000 bales at about &C. recovery
from the previous decline.
Monday. FEB. 22.--With very favorable advices
from the Liverpool and Hsyre markets at hand to-
day, the movement here has disclosed materially
increased inquiry with rap.sly upward tendency
Of prices. Offerings were light throughout, how
ever, and Gold and Exchange were inactive, the
banks having kept closed doors in honor of the
day. But sales nevertheless reached 29OO bales
at en- average advance on yesterdays figures OF
ldlc. % ID. As business at New York was par.
tally or wholly suspended throughout, there were
TO dispatches received from that city during the
day.
aging intelligence from all outside points, there
was a very active inquiry throughout the fore
noon. But as the day advanced factors enhanced
their figures beyond the views of buyers, while
rates of Gold snd Exchange underwent at unu.
sually heavy decline. Operations however,
reached $3.50 bales, and the market closed easier
at the subjoiDed quotations which exhibit still
further irregular Improvement as compared with
yesterdays figures Of 4@5c. % To-, and net ad-
vance on Fridays closing quotations of lf0l3c.
q 10, viz Ordinary % IQ26c. good ordinary =
@27c.; low middling 272@2Sc. middliDg at @
2S 1c.; and strict mddiiEg 29c.l1-.
Wednesday, Feb. 24.-The market hes been
inactive and unsettled throughout to-day,
owing TO heavy decline in rates at Liver
pool and New York and TO a further
change. The demand has been Of q very re-
stricted character from the opening TO the close
of business, and the Offering supply, which was
OF but limited extent at best, has been further
diminished by the withdrawal of lists from sale,
owing to the heavy concessions demanded
by buyers. In fact the total movement amounted
TO only 1850 bales at an average falling OIL OF
fully &c. 70 10.
been at a comparative standstill throughout
to-day. With news early at hand from all
distant markets, of continued lowering
figures, most buyers withdrew from their
usual competition, while the difficulty Of 1ego-
hsnng . e9eeengoe pede bc prosfss Of Ire few
parties who intended TO purchase small lots for
completing previous shipments. Factors generally
all desirable lists were keptunder cover from the
opening to the close Of business. The total sales
for the day were therefore confined % 1860 bales
at an irregular decline Of 4@3c q b. upon yester
days figures.
Friday, Fec. 26.-Traussctions to-day have
indicated still increasing depression. Affairs az
Liverpool and New York exhibited but little, If
any, Improvement, and operators here appeared
indisposed to act till some important change
should trsnspre al one or more of the oatside
principal markets. The sales reached only 1850
bales, and quotations at the close OF business
could not be regarded IS better than nominal
We subjoin the latter, hoEeyer, with the remark
that at best they should only be regarded 80
closely approximating figures, and that the appa-
rent improvement 10 due 10 the total falling Cd in
receipts at all the ports, viz: Ordinary 24ag2jc.,
good ordinary lSl9-c., low niitling 274A-c.,
middng 2s6o-c. and strict middling nominal. AS
compared with the ruling prices Friday evening,
the 18th instant, the above show net advance OF
i1lc. ~ %, and contrasted with quotations Tues
day evening, the 23d instant decline Of 3Slc.
Il II.
The total sales for the week amounted to only
Is $50 bales, against 10 200 bales last week and
30 300 the week before. The net receipts we're
e, oSi bales, against 26,lAS bales last week,
showing al decrease Of 1904 bales, and q, 49I
bales receipts tie week before. Tie aggregate
exports footed mp 286 bales, against 80 $50 bales
lssl week, and u SIS bales the week before. And
the stock On hand and on shiDb0ard, not cleared
this evening, is 1a0Il0 bales, against 1871 1914
Dse5 last He-R, Snu l29,EO4 Ddios OF tne clO5e Oh
tue previous week. The exports for the week
have been divided IS follows, viz: I24 bales for
Baltimore, 279 for Barcelona, 1912 for Boston,
ll67 for Hsue, 3l37 for Bremen, 43lG for New
York, and 924l bales for Liverpool.
COTTON STATEMENT.
Stock hand September / g5s ................ 5ses
Received since yes eT12y. ............s..s- 40
Eeesiysd pEsTiousig. Nbi2H
5759is
exported to-oAys.s.s-s 9tolc
Exported preViouEJ. .........ss. ...s.....oS4,45s
52S,02
Shipped 20 N0bns per Mobile Price
shipped up the Nj s.issPpi 4,l63 59so8
Stock ca rand and On sbIpbosrd 40 no
SUGAR AND MOL AssKs-The receipts Of these pro
ducts for the past week have been very light,
showing that the balk IF the crop is already 10.
The markets have been very active, ali receipts
and supplies having been sold. Prices have still
further advanced and are still tending upzsrd.
We now quote market as follows SugsT-Inferior
94@l0ac., common l23GI3c.. fair 49,, fully do.
l4i@l6c., rime &c., choice l9e, yellow clarified
l7Gl7Ac., white do. l7lsslslc. Molasyes-Inferior
60G65c., common 6SG74c., fair 751sSc., prime
- A. bofo Q1(nClla Doaafnfa