New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-12-21
Nelu Orlealrs DAILY Crescent.
WEDNESDAY MORNING. DECEMBER d. 1s5
Nem ORLEANS yflontp H(arktt.
cRxsoEs1 OFFICE, No. 70 Camp street.

Dem ORLEANS Nlontu flatAet.
%' Tuesday sf kvs s s bee s y isSs
The Lapland weather to-day seemed to have an
influence on general transactions. The Exchange
market-the great fulcrum of opcrations-faltered
and had very sensible effect. Buyers Of exchange
were in good humor, and seemed to appreciate the
position of affairs. The calls or offerings with the
banks heavy, that is, if over half million in
one bank, double the income in another, and an |
equality with the income of others, can be called |
heavy. There is no want of money for regular bu-
snes4 operations, is there any probability that
there will be. But SPECTATORS come-to-day and
go-to-morrow operators may feel the effects of a
change, which has to be put in force.
In the general paper market there were sales to-
day Of 46l6 months at the rate Of get. Longer
dated say 120Sl5 months, ruled at from s509 get.
On this day twelve months ago we wrote for this
column as follows
In paper did learn of transactions worthy Of record
Buyers Of long da,ed commercial securities ae p9ty and ap
Pet Wheher there is any business current which will
deeply concerned
We have changes notifications to make on
the above remarks, indited one year ago. The
same regular features of trade observable at
this time, excepting differences between buy
ers and sellers of cotton, which may extended or
carried to extremes, create important bearings on
the general cotton market, and react or move sym
| pathetically with the general money market. To
move and assist in the large operations in ex-
change, it is manifest that more coin or Access
sion to the specie basis is considered the Plus
ultra for enlarged transactions There is no coin
| expected for this week. unless some thousands of
silver from Mexico should be received, which will
not add to the specie basis as it will be absorbed
for the European market. The general result of
such transactions only transferring taking out
of pocket and putting it in the other still it is
highly advantageous to our general trade to re-
ceive these shipments of coin and bullion, and it is
hoped they may be received every succeeding
week.
The Exchange market was quiet to-day. A
strong disposition, followed by will to break
down existing rates. formed one of the features.
The counter rates for checks on Network ruled at
: from l@i dis. The buying rates ranged from 9@5
discount for regular drawers, and 5(9l get dis for
outdoor transactions, ranging under the militia
code. In sixty days sight there several trans
actions at from 2, 2f92a down to q get. dis. 1t
was difficult to effect sales to-day in large sums,
even at these figures. In Sterling the transactions
: were very moderate The market opened slug
gshly moved along torpidly, and closed about as
satisfactorily the Bears desired, clear sterling
!, selling at lOs8l0sb remittance lOS4@10sS, with
document bills at l07@l073. The very best of clear
bills closing heavy which makes the extreme quo
tations from l07i@lOsI and bills of ading at l01
e 1915. In francs there no important transac
e tons. We quote them dull, very dull, at 5.2si@
5.22a. In fact the general exchange market pre-
n scented stronger evidences of breakdown to-day
then we have noticed for some days.
- We did not learn of sale of Stocks. A sale o
At Scrip of the Crescent Mutual Insurance Company
= year 1859, was closed at 49, Scrip, bonds ant
stocks are dull, dropping and no desire evinced tt
n operate at the present ruling prices
to The last annual statement of the Pontchartrail
Railroad, dated the 9Th inst, is before US. We hav
an affection for the old road, because it wa
ma brought into existence by old fogies connecte
: with love story, of which it is unbecoming in thi
+ department of our journal to allude to; moreover
ch the Pontchartran Railroad is one of the tire
es Oldest roads in existence in these United States.
IS incorporated in the year 1880, and has unde
3, gone many vicisstudes and changes. The origin;
propretors lost largely, very largely. 1t has no,
o., u.s. is in prosperous condition, and be place
o. on the Stock Board as regular fsct. u annu
dividend stock. 1t is no more than justice that til
original projectors of the road who are now Twin
=, the old foges who in the year 1880 advanced til
means for the first survey of the road and to oil
tain the services of the first engineer then in til
ID United States, Gen. Joseph Swift, should be flu
nd nised carte blanche to travel over the road fe
Al. ~.
= few of them living in midst, as the descent
~ ents of those who have gone hence. According t
: the report, the old road now can be considered q
remunerative as any contemporary road in til
a. confederaey. The Secretary and Superintendent
cts of the road presents the following figures and
marks to the stockholders
= ANNUAL STATEMENT OF THE PONTCHARTRAI
s, RAILROAD COMPANY.
the Stockholders Of the S1w Rnsl Pcs
don Of The Company by F. IL Goodwyn Secretary and supe
'1f%ef ea a s s ,sy exception
A"s'''s ready
at M ss en s na% S s M n"
tract is made without Interfering with regular dividends II
sSy 81
%e NIT p Ss Ps ans Company its affairs were
Oh deporabe condition and my object was 10 eNicae fro
@ oi"Ss G 's ssahSs
of REMEMBRANCE and in condition and
men, having accomplished purpose decline fuh
nv participation in the administration the aurs of the
With my best wishes for your prosperity
l remain uDrtcit
ne WIN. H. AV FRY, President.
The Income of the Company the past season sun
R; up as follows:
FROM itssc,serS q. O..
Dr. FROM fleisht...' i'''o Sc
~ Together ACKNOWLEDGEMENT. $06 i63
hs From Rents Transportation Mails ec........... 552S
o., mn
, Making tnal Slll,T
Which exceeds the pccelng $3.50 % To in