New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-02-04
our several incoFpoFafioRs WTtalH The last sixty

distribution profits and gains Dec. slsTs5
The Levee Steam Cotton Press also paid dyi-
dend on 00000 but ii is located so far out Of our
range we did not call at the office. 1t was S9ct
for the last six months.
Tie exchange market to-day was something of q
betweenity -whether to 80 up, TO take a leap
down, or continue in statn quo, not altogether
arrived at. The counter rate for checks on New
York at the banks was steady at dis; outside
rates for double Al and dis. for good, with no
great amount offering. There were sales Of sixty
days to tile extent of $4,000 at 2 get. dis, and
other small sums at dis. There were still other
sales at 21Cle2a dis. for good commercial drafts.
In sterling there was very limited business. We
quote clear bills firm, at 107a 1917, 1os@losE the
latter for special remittance. Drawers did not
eyinee any desire to sell largely, and the market
for certain grades closed with an upward tendency.
In document bills we did not learn Of transaction.
| There were some bills to be had at 107Gglo7t.
Francs opened under very little demand and moved
along dull, with other sales, TO our knowledge,
than 65 600 at SIS We quote from DBL to soy
| the latter the bank asking rate.
/ The Share, Stock and Bond market has been
unusually quiet this week. Some few transactions
have been carried out, which we have noted To-
| day were sales Of SO shares Gas Light Company
Stock at 1851, and 200 shares at l65-toerable tall
/ prices. No movements i'll bonds OF miscellaneous
securities in general. We observe the sale in New
York some days ago Of a few Louisiana State Skies
/ AT a. There are some Jackson Railroad Gonstrue-
| ton Bonds on tile market held ct prices rather
above last sales In Consolidated Bonds we do not
learn of any movements. Holders appear, and
| stp whit ba tIr and
| eyiuee no desire to sell at former figures.
II is hardly necessary to publish our usual table
of quotations. All the stocks OF the FREQ banks,
with the exception OF the Bank OF America, are
/ held at about par The transfer books of three OF
| the old banks are closed Canal Bank Is held at
/ l3lMI33.
In the general uneurrent money market the
transactions have been on q moderate scale. IN
some kinds there have been large offerings, in
others falling off South Carolina bank notes are
not SO plenty as last week. They have performed
about all that was required Of them IN North Mis-
sissippi, and are now going home for redemption,
to be invested IN Northern fuhds az inc pace OF
issue or locality Of the bank from which they
| ushered into existence. The stringeney IN the
money markets of the West still continue. In Gin
cinnati there has been some !. let up within the
last ten DAYS In Louisville there is no change of
/ importanee-the banks there arc full of paper and
exchange up to the hub In st. Louis it continues
tight the banks working on mixed sort of cur
rency, called bankable funds which is rather diff
cult for any outsider to understand We learn that
the United States Treasury or snb-Treasurer in st.
Louis is performing the duties and vocation Of ex-
change dealer and broker in fact, the government
depository in the Mound City IS performing the
/ functions of shaving shop. Advices before US Of
last week say that the Treasurer haa an abundance
of Eastern exchange which he was selling out at ]
al prem. The Independent Treasury was not
brought into existence for exchange transactions,
or to perform feats of brokerage or shaving. The
banking system of Missouri is altogether too weak
or there il too much business done: too great and
General Indebtedness for the good and general veal
/ ~ Tho country. We note that exchange on New
orleans was worth in ST. Louis on last Friday 1a0
] 49ct. prem. But the following remarks from the
money article Of a ST. Louis paper confirms wlat
We have long suspected:
There is soma demand for sight on The South, though tep ar
not ,s s sa. hs aas e Ss s saa
iominaly Ssfs2 Pet prem.
Closely connected, commercially and financially
with the great capital OF the West est Louis9 W