New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1855-12-21
Tsu Orleans aaensp Marsst.
CREscEr1 OFFICE, No. 20 CAMP srRrEr,l
Thursday Evening, Dec. 20, 1855.

Crescent OFFICE, No 20 CAMP sTRgEr,l
Thursday Evening, Dec. 20 1855 !
The letters by the steamer Baltic which arrived at New
York last Wednesday from Liverpool received to-
day They decidedly favorable, and being followed
immediately by the Asia, the arrival Of which an
nounced yesterday with still favorable and rather
interesting advces has created considerable activity in
our grand staple, and been the cause Of increased
amounts Of Exchange being placed the market to such
an extent "a to considerable decline in domestic
bills, which is particularly noted under its proper head
There only moderate transactions In paper to-day
on the street Good long dated acceptances firm at
per ct. The offerings not large with those
Banks which discount to-day they at the last dis
count days We learn that the Citizens bank yesterday
discounted for the city 100000 of the notes received for
the leases Of the markets. having than 90 days
rnn they come under the dead weight Of the Bank.
Nmpor thisis all for the good Of the city, that Its
creditors cannot complain but what due diligence is
erted to meet promptly their demands and shows the
utility and necessity of having fiscal agency of ability
and willingness.
The Exchange market was fully and abundantiy sup
piled to-day From the supply being greatly in Of
the demand. the market closed under q dropping and
downward tendency New York funds declined II per
ct and in that the rates for sight the
street range from u to x per cent. discount. Some
bank checks were offered at u, which caused de-
preston. Private bankers held at e discount for
held at Il the counter though the Mechanics and
Traders selling at " others at in small and
n in large. There was sale Of hundred thousand
dollars Of Bank checks closed late hour at per
cent. dis. Foreign Exchange also dropping. The
extensive operations in Cotton will cause large to be
thrown the market, and the Banks have In the
aggregate nearly sig millions Of dollars in Exchange they
cannot extend their purchases unless they relieved by
corresponding sales in checks Bills of good make on
TpuAa hor Cd
1o7a for bills ladng 1OBA to 1o7 u will cover ali trans
actions though u over may be obtained favored
names. Francs dull and rates dropping, passu
with Sterling 5.32 to 52T the rates for the gene
raj run. Wequote this evening
s.y day. Day. On london H s aa
sry days on France general
ssy Nv
day. sight on NewYov gems raj ran 4 cent d.
Ten days .gh, On New York, %@ 2 cent di.
Bank and Bantsis' Cheeks, cent d.
In Stocks there have been sold last 90 shares
Louisiana State Bank at 1907 rs of Union Bank at
1909; 10 shares Canal Bank T 20 shares Citizens
at 1879. The Canal Bank makes its regular semiannua
dividend Of per ct. on Monday next.
By notice of the Citizens Bang the fiscal agency of the
city holders Of coupons of Municipality No. the late
city Bank and all coupons Of interest due the LIST January
next in NewYork notified that the funds for the pay
ment Of the have been deposited in the Bank Of
America in New York whssessksy will be paid and
after that date. -
The Banks of Georgia making very good dividends
follows:
The Marine Bank of Savannah semi annual dividend
Of seven per cent, payable on demand
The Georgia Central Railroad and Banking Company a
dividend of five per cent on the operations Of the last six
months.
The Bank of Savannah announces it's eighth semi
annual dividend payable on demand at the rate of ten
per cent. per annum.
We take from the Liverpool Times the following reat
ing to the London money market 1t will be observed
that notwithstanding the receipts of gold Australia
and other sources, the bullion in the Bank of England
continues to decrease the statement being equal
to decrease of S5s50O0 The Asias accounts advise of
decrease for the S432 O or say 100000
for the two weeks.
Lospos MONEY MARKEr-There is little change to
notice in the aspect of the money market Although the
general demand for appears to have been
5r the last few days less active owing the desire to
restrict engagements much possible positive de-
cline be noticed in the discount below
the minimum per cent of the Bank of England In
Lombard street however first class short dated paper has
been discounted rather easier terms The rate for
money in the Stock Exchange is to per cent. on
government securities.
There have been considerable arrivals of snecie from
Australia in the present week. amounting in the sggre
gate to the value of slS4s0 As the demand for gold
the Continental account still continues and the state
of exchanges would render the operation profitable
it is probable that onehaf very large proportion
the present arrivals will go abroad
These arrivals however, had the effect of mpartiue
considerable relief to the money market which, as just
stated has been epsiby easier during the days
But on the other hand about partly in gold and
partly in silver expected South America BY the
West India mail packet due next week by that due on
the 18th December.
The export of gold officially reported up to this date is
only 600 principally for the Peninsula but of course
this is exclusive of the amount transmitted to the East
winch though never reported is assumed be about
100000 per week
The return from the Bank of England the week end
ing the S0th November gives following results when
compared with the previous week:
pnoie deposits. EiTs5st Irctesss ss4
aePosits.. s9,se5 Decrease
va SiaSs,S64 incresse.a 1866
On the other side of the account:
Government securities. Sssss ess ooo
lsths3s Increases. Sss9ss
Notes unemployed 5,499s45
The amount of notes in circulation is fleO5o 600 being
decrease OF s2 $780, and the stock of bullion in both
departments is $751; showing decrease of fi22S7
when compared with the nrersd;ny ra+,,r,