The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-03
Commercial c9ntelllgence.
CREscks- OFFICE, No. "a CAxP sTzEz
Tines day Evening. Feb 2. 1859

OEEsCkS~
Tuesday Evening. Feb 2. 1862 !
REVIEW OF THE MARKETs-Tne general trade of
the city has exhibited a moderate degree OF ami
nation since our last, although outdoor business
of every kind was very much impeded yesterday
by .incessant rains. Operations IN Cotton have
been of full average extent. Tobacco has been
steady and inactive. Sugar and MOlasses sold
freely at full prices on arrival. Flour has con-
tinued TO droop under heavy stocks and receipts
Corn has been in fair demand at previous prices
mostly for export. Oats, Bran ard Hay have
been dull at unchanged rates, while Bacon mas re-
manned quiet throughout, and Pork and Lard have
ruled in moderate supply and demand at previous
figures. Money Is still abundant-Foreign tx
change has been dealt in extensively at lower
prices, and Domestic Exchange has been inactive
with further upward tendency.
COTToN-The movement in the leading staple
during d e past three days was OF much more
satisfactory character than could nave peen iea
sonably predicted at the close OF the preVlons
week. Liverpool and New York adylces on Sat
urday gave evidence of q marked reaction at both
points and as no unfavorable change has since
trspspired in either. our market has been hrm with
an inward tendency throughout. Rates OF Gold
and Foreign Exchange have In the meantime de-
ciped however, but this was offset by the fall
ing fl in the receipts of Cotton For full under
standing of the general movement, however, we
would refer to the subjoined extracts from our
daily reports, viz:
SATURDAY., Jan. 30.-The business week and
month close upon very active market. LV-
erpoOl advices which were received at an
unusually early hour to-day, indicated . marx
ed reaction in the staple, but for time,
English buyers here strenuously contended
that this was exclusively due TO the closing
of previous operations at the end OF the
month or covering of past short sales. The first
intelligence from New York tended also to allay
excitement as to transatlantic movements. But
buyers went 10 freely, nevertheless, and ss
factors availed of the intimation Of buoyancy at
Liverpool, rates rapidly advanced till net i'm
(..1l.- How
ly realized. At the same time, the demand show
ed steady increase, and total sales OF IL 600
bales were effected, mostly at the Improvement
referred to above.
incessant rains to-day, outdoor business of
every kind has been partially or wholly sus'
pended throughout. There was some little
Inquiry for Cotton in the morning, but the
condition of the weather and the failure OF CO.
Bile teegrams-the latter caused by storm
on the Irieh coast-prevented more than nominal
operatiOns. In fact, the total sales amounted TO
only 1000 bsles, at slightly sitter prices.
tuesday, Feb. 2.-With return of favorable
weather and no reaction disclosed by the New
York and Liverpool advices, operations have pro.
crossed very satisfactorily to-day. Factors for
Time refused 10 go on except at a decided ad-
vance in prices but on finding buyers unwilling to
meet their views, the former concluded TO accept
offering rates. Sales reached 5000 bales, and the
market closed unsteady at the subj0ined quota
lions, viz: Good ordinary 26@264c., low middng
27lG27Bc., and middling 2SlG-. As compared
with the ruling prices Friday evening, the 10Th
MT. the above exhibit net recovery on the pre-
vious decline of l61l4c. Il b.
Note-The absence of the 5 P.M Liverpool tele'
gram tended torestrict operations TO day, as when
il came to hand the market was closed.
The total sales for the past three days amounted
10 II 600 bales, against $3.50 bales for the cores
ponding time last week. The netreceipts footed up
only 1878 bales against Is, 595 bales last week.
showing decrease of 36l7 bales. The aggregate
exports were 6929 bales, against 1858 bales
last week, and the stock on hand and on ship
board, not cleared this evening, is l47 ,295
bales, against rs 494 bales Tuesday evening, the
26th ult, and lSs, O2l bales at the close of the
treyious week. The exports for the past tire
DAYS have been divided follows, viz: 1912
bales TO New York and 37l7 bales for Havre.
COTTON STATEMENT.
stock IN hand September l. 1865. $500
Received since yesterday ~ o,-
5SoIa,
Exported to-day. 20 ..a .o,
Exported previously ........sto H. Uc
stock on hand and % shlpoosrd.. 20
ToBAcco-The market of 1853 is already giving
good promise of being an active one. Our sup
nIiea are behind those of last year, both IN points