The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-24
Commercial Sntelligenre.
CRRscEF- oFFIcg, No. "a CIxP S-RHsl
T.lna dnr, R,ranlnn Eah % l2.ll

Tuesday Evesins. Feb %. lSS9
REVIEW OF THE MARKETs-There has been no
let up whatever noticeable in the general trade Of
the city during the past three days. Cotton has
very materially improved. Tobacco has been in
better inquiry at firm prices. Sugar and Molasses
have sold at advanced figures to the full extent of
receipts. Flour has been inactive, as offerings of
the lower grades, which are in most general re-
quest, have been light 1t advanced rates. Corn,
g. ats, Bran and Hay have continued in good de-
mand and limited supply at full and some what
hardening quotations. While offerings OF Pork,
Bacon aId Lard nave renamed 10 excess Oh the
inquiry throughout, with decidedly downward
movement noticeable in rates or all descriptions.
Money is still abundant. Foreign Exchange is fiat
and lower, and Domestic Exchange is active and
! steady at nearly last weeks net advance.
CoTToN-The week ending Friday evening" the
18th inst, closed upon very depressed market.
Operations on Saturday, however, disclosed q
favorable reaction, and the subsequent movement
up 10 the present writing has been uniformly in
favor Of factors and holders. Offerings of all
grades of the staple were limited throughout, but
with advices of steady and heavy advance IN
rates at Liverpool and New York, sutfic Gent Access
sions have been made TO previous supplies 20 en-
able buyers to execute their orders. At the same
time transactions in Gold and Foreign Exchange
indicated rspid and uninterrupted downward
tendency; but despite all such drawbacks
moderate daily business has been effected at
prices showing very marked recovery of toe
previous unlocked for decline. For foil under
we would refer TO the subjoned extracts from
our daily reports viz
Saturday. Feb. 20.-There mas been some
evidence Of recuperation noticeable in the
Cotton market to-day. Offerings were fair
but al 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, and the total
sales amounted TO 1000 bales at about &C. recovery
fIom the previous decline.
Monday. FEB. 22--With very favorable advices
from the Liverpool and Havre markets at hand to-
day, the movement here has disclosed a materially
increased inquiry with rapidly 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 1900 bales
at an average advance on yesterdays figures OF
201lc. ~ ID. As business at New York was par
tally or wholly suspended throughout, there were
no dispatches received from that city during the
day.
Tuesday. Feb. 23.-To,dsy, with further encour-
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 and Exchange underwent an unu-
sually heavy decline. Operations however,
reached 1850 bales, and the market closed easier
at the subioined quotations which exhibit a still
further irregular improvement as compared with
yesterdays figures of tG3c. IL 10, and net ad
vance on Fridays closing quotations of l40Dl3c,
y b., viz Ordinary 81 l126c.; good ordinary =
@27c.; low middling 274@2Sc.; middling at @
2s1c.; and strict middliDg 29c.@-.
The total sales for the past three days amounted
TO 10 400 bales; against 1850 bales for the cor
responding time last week. the net receipts
reached 1901 bales, against l4,4S5 bales last
week, showing an increase Of 606 bales. The ag
gregste EXPORT amounted TO IL 66S bales against
l9. $40 bales last week, and the stock on hand aud
on shipbosrd not cleared this evening is l3S, O97
bales against .62l bales on Tuesday evening
the 10th inst, and 1877 1874 bales on Friday eveR-
ing the 10th inst. The exports for the past three
days have been divided as follows, viz: l24 bales
for Baltimore Ss5 bales for Boston llG7 bales
for Havre AGA bales for New York, and 632S
bales for Liverpool.
COTTON STATEMENT.