New Orleans daily crescent., 1860-05-19

In the uncurrent money market there have been
larger offerings this week of bank issues. The
Western banks, particularly, have been offered in
larger sums. Our brokers and dealers on Camp
street are remarkably accommodating they take
the issues of all the banks in Christendom at some
rate or another so long there is locality for
the bank issuing the same. There is trading every
day in bank paper, the same as in flour, wheat,
corn and bacon. Parties or persons leaving the
city very often purchase the bank notes of their
places of residences. There is of course, no diff
Guilty experienced by travellers passing through our
city in the way of exchanging their funds for gold
or silver Moreover, emigrants for California and
other places will not meet with bogus and swim
ding passengers agents, rs in New York. Our
brokers and dealers on rue de Camp are buying
Japan currency. We regret for their sakes, that
the Japanese Ambassadors, with their suite, did
not come direct to our good city, instead Of going
the way they did They will not see anything be-
yond an every day affair by landing in Washington
City, thence to New York. where it is very easy to
get up excitement, great show, as in the case
of the great Atlantic telegraph movement two
years ago, as with other humbugging. The great
Japanese Embassy will not see half of the United
States unless they return by the way of Kentucky,
go to st. Louis and down the great Mississippi to
New Orleans. Well, what has the Japanese to do
with our uneurrent money market, our gold and
silver or with our brokers? Not much but if ia
pan is to be opened to the commerce of the United
States, and the g, Southern Pacific Railroad
through Texas should be completed, we might
hope at least to have some of the Japanese trade
center in New Orleans, and our brokers and deal
ers in uncurrent money have chance to operate
in Japan currency. Quien sabes Whether the
present the next generation Of our brokers will
be the recipients of the trade, depends on circum-
stances. It will be well, however, for the great
Southern Pacific Railroad to be pushed on and en-
couraged, particularly if onehalf of what is said
of the silver mines in Arizona and Mexico is to be
credited.
There have been some receipts of silver this
week. The Brazos packet brought s277,000 In
coin and bullion. The coin dollars come to good
market, being taken up at the rate of 1854 for
Mexican Eagle dollars. Orders were received this
week from New York to take all the dollars at the
foregoing rate American silver coin is accumu-
lating; buyers and brokers have, free supplies of
half dollars offered daily, which they take at from
9s@aa1, and run them OF at from par@4 dis. The
Mint order, restricting the price to be allowed for
silver deposited at the Branch Mint is still in force
IT would, however, make no difference il ii was re-
scinded, as the old price( Il 22ac. VI or would NOT
cover the present market rates. for Mexican Eagle
dollars. He5 Ia g giIslt s5sl So Us
In land warrants there have been some few
transactions; that Is, there his been an improved
demand, resulting IN more sales. Some bill has
passed the Senate in Congress, but whether i is