The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-23
Commercial SnteIigente.
CREscEsy OFFICE, No. "a OAKr sTRKxl
Friday Evening, Jan p, 1869.

rnohy Evening" Jan ~ looS J
REVIEW OF THE MARKETs-The general whole.
sale and jobbiDg trade of the city indicates a
steady recovery from the languOr which CON-
menced with the Christmas holidays. Operations
in the leading staple have disclosed unusual ire.
gularity during the past week. Tobacco has been
Inactive but firm. Sugar and Molasses sold to the
full extent of receipts at full prices. Flour has
been in ample supply and fair demand at easier
figures. Corn, Oats and Bran have become scarce
and rates are hrmer. Hay continued in good de-
msnd. but quotations fell of under increased re-
ceipts, while Bacon and Lard have improved, aud
Pork has materially advanced within the past fe v
DAYS. Money is still abundant. Foreign Elk.
change is quiet and firm, and Domestic Exchange
is active with steadily upward tendency.
CoTToE-The movement in the leading staple
has disclosed maj ked irregulariy during tue week
ending this evening. For the first three days IL
constantly and rapidly tended downward. till rates
had exhibited net decline of fully l0l4c. u b.
But reaction commenced on Wednesday, and
the market, has since then not only indicated a
heavy and steady upward course, but prices, after
having fully recovered the previous total loss,
have overtopped the ruling figures at the close of
the previous week. II is hardly necessary to say.
however, that the fluctuations referred TO are
almost wholly due 70 the variations in rates at
Liverpool and New York but for a full under
standing of the general movement we would re.
fer to the subjolned extracts from our daily re-
ports, viz:
Saturday, Jan. l6-There has been less ANNA.
action at New York. The Offering supply was
of very restricted character throughout, how
ever, and the total sales aggregated only 5000
bales at 404c. u 70 decline.
Monday, January 1s-The market has been
langnid throughout to-day, owing to discouraging
sdvices from Liverpool and New York, and to a
falling off in rates of Gold and Foreign Exchange.
Offerings of oil grades Continued light, however,
and operations were restricted to $500 bales at q
further decline Of 9@lc. Il h.
has hoan tborf In
active day in cotton circles. Intelligence from all
outside points continued unfavorable and pur-
chasers generally refused 10 go on except at
prices which a majority of holders steadily re-
fused to accept Ia fact the actual sales for the
day amounted to only 2300 bales, and the market
closed unsettled at still further rreg ular decline
Of @@4c. e b.
Wednesday, Jan. 20.-The gloomy features Of
the market were dispelled early to-day by highly
encouraging sdvices from Liverpool aud New
York. Most factors had steadily predicted
speedy reaction, however; while but few il any
OF them anticipated such favorable change as
that which commenced this morning. The total
sales for the day footed up 5000 bales. and the
market closed stiff at an advance OF 4G9c. % b.
Iillusddu Jan Il.-0wiDg to the incemency of
the weather TO day outdoor business of almost
every kind has been partially or wholly suspended.
There has been but little if any let up in the Cot
ton market, however, and with continued encour-
aging advices from Liverpool and New York, sales
OF $500 bales have been effected at further ad.
vance Of 3@4c. q ID.
Friday. Jan. 22.-This morning, with contn-
ned encouraging intelligence from all outside
points, factors again materially enhanced their
figures, while most buyers stood of, as the asking
rates were considerably above their limits. OF.
ferings, as during the whole Of the week. were Of
a limited character, however, and as the day ad
vanced several buyers withdrew with the hope of
obtaining better terms on Monday. In the mean
time. however, later dispatches disclosed consid.
cradle weakness in the New York and Liverpool
markets. and rates here fell of fraction for or.