The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-27
Commercial ynteQigente.
CREscREv OFFICE, No. "a CANT SrRxEr
Tuesday Evening Ian Of 1890

FT.l
Tuesday Evening. Jan &c. 1869 J
REVIEW OF THE MARKErs-There is still fair
improvement noticeable In the general wholesale
ard jobbiDg trade of the city. The movement in
the leading staple has undergone very unfavor-
able reaction since our last however. Receipts
of Tobacco have slightly increased and the in.
quiry for it has proportionately improved. Sugar
and Molasses have freely sold on arrival at an
advance in the better grades of the former. Flour
has ruled fruer with good supply and fair de-
mand. Corn fell OF under heavy receipts but
again reacted and is now steady at previous
prices. Oats, Bran and hay have been quiet at
former rates, while Pork has materially advanced,
and Bacon and Lard have been in moderate sup.
ply and good retail demand at former quotations.
Money is still abundant. Foreign Exchange Is
scarce and sitter, and Domestic Exchange con-
tnues fairly active at prices still inclinng in favor
of drawers and sellers.
CoTToN-The market has been exceedingly IN.
settled throughout since the close of our last re.
view, Friday evening, the 22d instant. All ad-
vices received from Liverpool and New York in
the meantime were Of an unusually discouraging
character, while offering prices here were 80 low
that most factors covered up their samples at the
opening of the week and have since refused to
enter into further negotiations. Some trifng lots
changed hands from day to day, however, at such
irregular rates that no reliable quotations were at
any time obtainable, and this evening moderate
business was done at more steady figures, but for
full understanding Of the condition OF the mar
ket we would refer to the annexed extracts from
our daily reports, viz:
Saturday. Jan. 23.-The cotton market has
been at a stand-still throughout to-day. Sales
footed up only 600 bales, and prices from the
although materially lower, owing to the prevail.
ing lsnguor at Liverpool and New York.
Monday, January rs. - The market con-
tinues languid and depressed. Adyices from
Liverpool and New York are still of very
dscoursging character and offering prices
are so far below the views of factors that
large number of the latter have covered
up their samples and refuse to entertain PROPOSE
tons at any material decline on previous rates.
The total operations to-day footed up only 1850
bales, and the market again closed lower but
too unsettled for regular quotations.
Tuesday, Jan. 26.-The market still wears
gloomy and an inactive appearance. Intelligence
from all outside points continues discouraging, al
though an ambiguous press dispatch, which but
few believed, reported an advance in prices at
New York to-day. Offerings are too light how
ever, for more than very moderate operations,
and sales so Ear es reports were made, amounted
to $500 bales. 1t is hardly necessary to repeat
that prices remain merely nominal, or that we can
refer to the following as only approximating quo.
tations, viz: Good ordinary 25a@26c.. low mid
ding 263@26lc., and middling 274@27Ac. The
increase of sales above, which mostly occurred
late this afternoon as well as fractional advance
10 rates, is due to the upward movement in Gold
and Foreign Exchange this evening.
The total sales for the past three days amounted
to only $3.50 bales, against 100 bales for the COR
responding time last week. The net receipts were
Is 595 bales against Is. 100 bales last week, show.
ing an increase of 5405 bales. The aggregate
exports footed up 1858 bales, against 1899
bales last week, and the stock on hand and on
shipboard, not cleared this evening, is lbs. 49l
bales, against l22. 1888 bales Tuesday evening. the
18th inst, and 120, 33s bales Friday evening, the
22d inst. The exports for the past three days
have been divided as follows, viz: I36 bales TO
Malaga, $50 bales to Philadelphia, 234S bales 10
Liverpool, 1921 bales to Boston and 63l2 bales
TO NewYork.
COTTON STATEMENT.
Stock hand September I. 1866. .........,.. 1896
Received since yesterday 6423
Received .5 800 ISL 392
55aOss
Exported to-day lS
Exported Preyloueys...s.s..s. .s..s.f2g425 4zs504
Stock hand and shipboard .l25494
ToBAcCo-We have no change to report in this
market. The new crop is beginning to come in
little more freely, inducing inspection and hand
ling with view to future purchases. Owing to
short supply no extended operations have as yet
taken place. Prices being merely nominal and
unchanged, We omit them. Receipts AZ hhds., 10
bales. Exports 200 bales. II