New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-01-05
COMMERCIAL MATTERS.
Nap Otlaar,g :MGarap Wasset,
CRESCENT OrFicE, No. 70 CAMP SIRE

Neto Drlaans Mpnag aNarset,
CHEscEsr OrFlcE, No. 70 CAMP s7REEr /
| Friday Evening" Jan. A. 1866
The fourth the eventful fourth Of January which in
years past regarded with fear and trembling has
passed. with an immense amount of money being paid
amounting in all to two millions and half Of dollars
The amount paid into thessvera Banks was as follows
Eouioeaa state bank and Biaac sss g
C.1 Bans 3siooo
Mechanics, and Trideis' Bank 1876
southern private Banking Houses Of RobS Co.. 'v'
4t'iisih 100000
me days payments have been gone through without
any deviation whatever from the regular routine of bust
ness Money was freely offered outside of Banks the
terms which have been ruling the market for the past
days. say Ct for long dated factors
~ Ct for second grade and IL to Is for third rate
with only limited amounts in the hands of Note Brokers'
The Banks discounted to-day all that asked with only
few tring exceptions The line of deposits keeps we'll
up SO that they purchase literally of Exchange The
large sums offering will, however, soon fill this line
Yesterday there but little done Exchange Some
five days sight New York sold at u per cent dis
To-day there have been larger Gales and the Banks gene
rally have met the demand at q per discount for
checks New York Outside there have been sales at
with first class private bankers holding and selling at
bank rate Some sixty day bills have been taken by the
Banks at IN per Ct dis and with outside sales ct % dis
The supply of domestic funds is not 80 large as was ex
pected Sterling is accommodating Sales have been made
to-day for bills with shipping documents at 100 to 1867
clear bills have reached the low figures of TX a. An
sale for direct remittance may be made at
fraction over quotations The market closes heavily
at to and G. 81 to 6 for bills ladng drafts Franc
are inactive at 53614 to 81 4 for produce bills Of which
class there only few Offering On Paris direct 28
to 521s are still asked Five days sight on NewYork u
to per CT dis. fifteen days sight Il thirty days
sight III to IL, and sixty days from az to 2h and ~
per Ct dis. cover general operations.
The only sales of Stock to-day were so shares
and Traders Bank at 1867 dividend and 100 shares
Canal Bank on P T. There sale of Louisiana SKIES
in New York on the oath ult. at "a.
The Board of Directors of the Union Bank declared
semaunual dividend of per Ct. dividend of two dol
lars share declared out Of the assets of the old
Union Bank. 1t was thought two years ago when Eve
dollars share paid this stock was the last,
but some of its old debts continue to turn into gold
something like the alchymst We canno say when
the old Bank will be ended.
The steamship Granada to leave tomorrow morning
takes to New York some bullion and dollars
Shipped by H. B Merrell & Co., bullion. 500 $50
shipped BY Bundries, dollars. 5000
Total. ......-..,.......,.... 700
The Stock Market continues very inactive. Tbs season
OF dividends has arrived the Gas Company paid per
cent on the LIST the Canal Bank will pay per cent on
Monday next; the Bank of New Orleans per cent on
Wednesday, the 9th; the Southern Bank per cent on
Monday, the 18th the Mechanics and Traders Bank
per Ct on the 10Th inst the Union Bank pays per cent
after the 10TH With the exception of so shares Union
Bank Stock transferred Monday at 1929 Citizens,
Bank at 14o to 1l 40 shares Mechanics and Traders
BANK at 49, there have not been other Of stock
We need not expect any large operations in stocks during
the present MONTH unless at advanced rates over
prices There are no openings in investment for any
other kind of securities Paper 10 per Ct is hardly
as favorable the stock Of the free Banks ct
rates. as they will undoubtedly continue pay per Ct
Bank of Louisiana at $50 is only equivalent to 6 per
Citizens Bank at l4o is only equivalent to fraction over
per ct estimating the dividends the rate Of 10 pey
ct per annum The of the Banks is question
for division long time of The State Bank Stock al
last sale is equal to about ~ per ct. per annum.
The following are the asking rates on sales made
Bsok Of Ls7shIa :......l4o 80
Caqel Bank. III
sshsnics Traders Bank
Gnon Bank
e sask L 81 Ss co9pssT
81
Pontessrsn Railroad a.s
Jackson Railroad a4ss
oda Fsova ss.sj
Pelican Dry Dock. In
rev Orieans ms Company 1000
Ely honds or Ra'iroads
2ttss BONDS do
LeEee steam Cotton Press
In Uncurrent Bank Notes there is not much doing only
in aretai way. We learn that the Commercial Bank OF
Manchester Yazoo City, Miss been galvanized and is
now trausacting the usual business of Banking Can any
one inform us Of the strength and stability of its new
organization its resources its any information
regarding it? We also notice the organization Of new
Bank in Nashville Tenn, by the Messrs Pearl under
the general banking law of that State with capital of
$5Oo0OO0 In Western Banks the usual quantity find
their way here but not to any All Uncurrent Bank
Notes OF reputation purchased rates as
by our quotations below which those of B. Merrsl
& Co., who also continue to buy Uncurrent Coin and
Bullion of oil kinds.
GOLD AND SILVER.
Amer Dbl ...2to prem, 40 Franc Pecess sss IS
Aer "a Del.. IL TO Guilder ssS5 Oh
alex pul CT. prem 10 Thaier 75d1 80
t r'i o!B IL pr e. pm Mexican D0ubloons
rf@ne fleces.. 1895 Spanish .Douboona
t3tIi S5lCalornis
California Coins. ...l@i14 pr dis " f ~
UNcuRRENr NOTES
missouri. per cent disIdeemabs by H. B. Co.
TX dis
gn!o Georgia aud South. Csroli-
- le92z ma; II dis
"s hatifoaa Nofth carolina .2GI ~ dis
Bank OF Nav Orleans Alabama State dc
Illinois g to q reras
i atrs1 80 cts acre Tennessee .l19 dis
mississippi Mutual Insurance Com Mobile
of bardae