New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-11-17
The reeeipts Of gold for the week have been


We learn that another bank ordered Sl00 900. n
Rather a small amount from its great and high
position but finding it could sell its checks New
York at discount, countermanded the order. The
Bank of New Orleans has 500 900 EN- route which
may arrive on Monday next.
The bank returns will show increased strength
tomorrow. The Citizens Bank and Bank of Loui-
siana are above line to-day, the former 100000,
the latter $685. 0o0-toerable stiff balances for the
times.
| The Exchange market was heavy to-day. Some
thing of an anomaly that sight drafts on New York
should rule at dis. checks at ] dis, and sixty
days, if sold at all, ruling at 3a0I pct. discount
for good and fair bills. Double Al drafts ON New
York were taken freely at a@5 dis, while some Ok
| the banks were not buying at any rates; but they
| will be tomorrow. We quote street rates of sight
from 30E dis, with sales of Eve days sight at liz
dis. Ten days sight was reported at u dis. As
| for longer time bills, there was no demand Ster-
| ling took another turn downwards to-day. It is
reasonable to believe that it has reached bottom,
/ unless the New York market has fallen through
entirely. We note sales of clear sterling to-day at
lo31@lO4 and l043, but very little done at the lat
ter figure There were some few thousands Of
pounds taken, and lOt@1a5 may be deemed a. ex-
IRENE quotations Very tight demand for remit
Documents went down to lo2A@1022 and l03. #
they are inclined to go any lower parties had best
come to halt, and advise their principals and
friends in Liverpool and London to transmit the
coin. The movement in francs was also at d low
rate very difficult to sell at 10, making the range
of the market from 5.50@5.40 and dull.
Advices from New York OF yesterday quote the
market there at a dead halt. Well, if New York
importers and debtors of Europe have PAID up
their indebtedness, and not required to remit any
more then of course there will be no moro ex-
, change (not very probable circumstance want
:, ed and payments for cotton must be provided for
some other way than in proceeds of bills of ex
change. Il
Some Of the Network folks have goti into their
70 heads that a panic prevails in the New Orleans
: money market. Ali fancy and Imagination. New
Y Workers can calm their minds. We have no panic
0 here, nor do we expect to have. We are taking
things calmly and quietly, expecting to learn of the
suspension of the Network banks long before any
D thing Of panic is started in New Orleans.
X In bank stocks, bonds and other securities, we
have only to report, in addition to the sales of
Southern Bank shares, sale of loo shares Jackson
10 Railroad on PIT. It is unnecessary to add table
of quotations. We will, however, remark that
holders are firm, that is they do not evince any de-
81 sire to sacrifice.
y In uncurrent money there have been no changes
yet there is not much desire to purchase largely
The issues of the banks of South Carolina ani
,5 Georgia are not offered with great freedom a;
!. last year. The issues Of the bank. in the Western
States are not much wanted at this time, but they
% are bought by our brokers.
M Mexican dollars have declined The last sale.
were at l0a3(@ l05-the latter the highest offe
% to-day. In American silver there Is little bust
IN ness doing inward over the counter at 49, and sci
ling at 99a.
90 Land warrants are dull and irregular in prices
(" without any real changes.
90 We append our usual weekly quotations of col
90 ana rnnnrrant hank notes being those of .Ioh
!" Wood g. Co., Camp street: