New Orleans daily crescent., 1860-10-20

There ia a better, or rather improved feeling, in
most of the enumerated stocks. Bonds are dull,
though there very few offering.
The offerings of uneurrent money during the
week have been light. All kinds of distant bank
notes are taken by the brokers and dealers on
Camp street. The resumption of intercourse with
the great West is still deferred by the low state of
the streams or rivers. Some of the St. Louis peo-
ple think that their banks are stronger than the
banks of other cities in the West They may be,
but there is no evidence before that they are as
strong as the banks of Louisville KY.
The banks in ST. Louis went by the board in DC.
tober, 1857, and they will do so again if the state
ments before us are to be considered as evidence
of strength for demand calls. Missouri is great
State, but it is running too much in debt. The
bonds of the State of Missouri have fallen f3ct.
within the last two months, and are now selling in
NewYork at 79a@so, or 20 5act. dis. Missouri was
once a sound, hard money State; the bond and
borrowing system, making posterity pay the ex-
penditures and wild schemes of the present gene
ration are forcing its securities, bonds and obga
tions down to very low figures. The 6 f}ct. bonds
of the State of Missouri, redeemabe within the
coming twenty years, are selling i'll round amounts
at 79@s0, say 20 Oct dis. The get bonds Of
sale in New York being at 80. The very close bu
siness connections between New Orleans and St.
Louis leads us to take something more than an
ordinary interest in the relative position of the two
financial markets. There is too much banking if
it can properly be called banking going ON in The
Northwest, based on the borrowing system, with
stock securities but 1hat is nuisance; there is
no security whatever in half of the bonds and
tors and bamboozers, who assume the appellation
of bankers. The entire railroad system through.
out the West, with the great New York Erie Rail-
road, is one of abuse and swindlng. Rock Island,
Chicago and New York Erie Railroad are all one
| mass of corruption The interest coupons of the
| NewYork Erie Railroad, which became due on the
lst September, 1850 (over one year ago) and those
due on the lst March last, now just being paid,
and then only by compulsory and Judicial process.
If the interest coupons of the bonds of Loui-
siana railroads had happened to be unprovided for
| twenty-toul hours the circumstance would have
| been promulgated far and near through all the
| antiSonthern prints in Northendom We repeat
what we have often before remarked. that visitors
traders and travellers in general coming to New
| Orleans, can pass their funds into gold and silver
at any of our exchange Offices in fact they huy
| japanese money, as well as the Sandwich Islands
| AS for the silver from the Washoe mines, the ie
ceipts are too trihng to command anotiee. This
| Wasboe mines are like Pixies Peak-been the ruiz
of good many honest and delnded adventures
There have been some receipts of Mexican dol
lars this week, amounting in all to 1856 800. Tn,
dollars have met with sales at at l07 and the bul
lion at the same rate. In American silver ther
have been only counter sales.
There have been no changes in land warrants
either in valne or demand.
We append our usual weekly quotations of coli
and uncurrent bank notes, being those of JOIN
Wood Il Co., Camp street:
American Inlf Collars old coinage. ...lJs92 Taci. pem
Ame lean Quarter Dollars, old eoiaage...l @lis prem