The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-06
Commercial 9ntsIligente.
Onxsckry OFFICE. No. "a Ckrr srRxKf,
Friday Evening. Feb. S. 1853.

OrxscKry OFFICE No. "a CIpr srRKEf,l
Friday Eveuing Feb. S. 1869
RkvIEw OF THE MARKETs-The general trade
of the city has disclosed no material alteration
since the date Of our last weekly review. Opera
tions in Cotton have been the heaviest since the
close of the war. Tobacco has been inactive aud
steady. Sugar aud Moiasses sold Ireeiy on arr va
at full previous figures. Flour has been In fair
demand at unsettled prices. Corn has declined
under heavy receipts. Oats, Bran and hay ruled
steady and firm. while Pork was still further ad
vanced, and Bacon and Lard have Deen IN lar re,
quest at about our last quotations. Money Is still
abundant Sterling Exchange has been sold to an
unusually heavy extent at declining rates, and
Domestic Exchange has been moderately active
throughout, but at slightly Aeasier hgures To-
wards the close Of the week.
CoTroN-Tbe past week has been marked by
almost uninterrupted activity and Duoyancy,
which eliminated in by far the heaviest aggregate
sales for the or since the close OF the war
Adyices from Liverpool and New YORK were ior
the most part of an exceedingly encouraging
tenor, and the demand, with but few unimportaat
exceptions, was active, general, and at times IN,
usually spirited and exciting. Rates OF Cold ana
Foreign Exchange, especially sterling, steaoly
tended downward, however, but they had no ap-
parent influence on quotations of the staple, which
exhibited a rapid and constant upward movement
from the operDg TO the close OF the week. FOR
a full understanding of the condition OF the mar
ket however. we would refer to the subjoined
extracts from our daily reports, viz:
SATURDAY. Jan. 30.-rhe business week and
month close upon a very active market. Law
erpool advices which were received a. an
unusually early hour to-day, indicated mark
ed reaction in the staple, but for Tune,
English buyers here strenuously commended
that this was exclusively due to the closing
of previous operations q, the emo rS OF s hns
intelligence from New York tended also TO allay
excitement as to transatlantic movements. But
buyers went in freely, nevertheless, and as
factors avaed Of the intimaton OF Duoyancy Al
Cd a m
proyemeut OF fully 4@3c. per pound was uniform
~ realized At the same time, the demand show
! ed a steady increase, and total sales OF ll,OOO
bales were effected, mostly at the Improvement
referred to above.
Mondav. February loving to the inces-
| SAINT rains to-day, outdoor business OF eve
| nv kind has been partially or wholly sus
| pepded throughout. There was some litue
! Innuirv for Cotton in the morning, but the
condition of the weather and the failure Of ca
| bic telegrams-the latter caused BY a storm
| on the Irish coast-prevented more than nominal
| operstions In fact, the total sales amounted TO
| only 1900 bales at slightly sitter prices
| tuesday, FEB. with a return of favorable
weather and no resction disclosed by the early New
| York and Liverpool advices, operations have pro-
gre ssed very satisfactorily to-day. Factors Tor
| time refused TO go on except at decided ad-
vance in prices, but on finding buyers unwilling 10
meet their views, the former concluded to accept
| Offering rates. Sales reached 5000 bales. and the
| market closed 403c. higher than i mad opened.
The 5P. NJ. Liverpool telegram indicated iur-
Their improvement In rates, but 1t was not re-
| ceiyed I'LL after the close of business.
Wednesday, Feb. S.-This has been BY iar tne
most active day of the season 10 cotton circles.
Adyices from Liverpool and New York were oil an
unusually encouraging character throughout, ana
while factors steadily enhanced their prices, poy-
era uniformly met the market. The supply at the
opepipp of business was light, bot as rates adj
yanced offerings increased, and with an exceed
inely urgent inquiry from the opening TO the close
of business sales of IL $50 bales were enected al
a further average advance of 4Gsc. D ID.
J5,lrsdav. FEB. The market has beer
buoysnt today under the exciting news
from Liverpool aud New York. Offering sup
plies were light and asking prices
! were materially enhanced, but the demand