New Orleans daily crescent., 1861-08-20
Hsu Orleans Molleu MafAft.

5s4 CREscEsr 5oFrIcE No. 70 Camp street,
Monday Evening, Aug. 10, 1861. s
Nothing 4of an especial or special character
turned mp to-day IN the money or paper market
The movements in and about the banks were
merely confined to renewals of maturing oh'iga-
lions. There is very little inquiry for money
through the several discount boards.
Later adylces were received from Europe. The
great Black Republican loan will meet with no re-
sponse in London, and the capitalists of Holland
aud Paris will give it the cold shoulder. Monsieur
Belmont, as We before 6bger qed, VI III come back
with 1ea in his ear of the most sterting dinen-
sions ~
The banks ID the Northern cities Philadelph;a Ia,
4 NewYork and Boston-have proposed to take fifty
Thousand dollars of the new loan to assist Seward,
Chase & Co.. though the telegraph says $50, ,000,-
900; but this is msre slit Of the telegraph, be-s
cause the banks of these three citiel eapnotraise
that amount. The Treasury notes of the old de-
fnnct are already selling at SOC get discount.
The banks alluded to above will not take any part
Of the proposed loan only conditionaly. Its the
intent Of the banks in the above cities to receive
The Treasury notes as currency and pay them out.
AS the banking laws of New York and the New
England States are very loose in their exactions,
these banks vii be able to retire their circula
tion oges 80 issues, and aid Chase & Go. ia foisting
On tie public the greatest shinplaster system Of the
age. Bnt that does not affect the South. When
Lincoln, Seward 8 Co. refuse to redeem these
notes which they VIII do--the banks will have to
suffer. From all accounts the banks and fnancers
sof Wall street have no confidence whatever in the
schemes and projects of Chase ~ Co., of the old
\ defunat. The leading fnaneiers of NewY ork with
the banks are only endeavoring to bamboozle the
public and force the loan on the agricultural and
u producing classes. 4
The lying journals of New York are making
rather free of the suspension of the fortRcations of
]. our city. They remark that our banks could not
4 be prevailed on to advance further sums. It would
be a 5ootless task even to attempt to refute the,
Y many lies and aspersions Of the New York press,
eyen the monetary articles of these yeracous jour-
nalssteeha with the most abominabe falsehoods of
the finances Of the South That mendacious and
sheet. the New York Herald, continues its
geonndrelly assaults on the South. The London
Y Times says It Is the essence of scoundrelism.
The weather continues very propitious fer the
growing crops throughout the great Southwest.
The picking Of cotton is progressing with rapdity
The future Of our money market is highly favora-
sble. }
y For the information Of some Of the New York
capitalists, we have to remark that the Governor
Of Louisiana desired s400, 900 from our banks. The
proposal was not haRked about the streets, as in
I New York, when that State Or the General Govern
q meat desires a few hundred dollars loan ; but the
4 application was promptly complied with, as fol-
lows.
Git zsns Bank 100000
Bank of Louisiana 100000
LousBa State Bank j, =, =. l00f0N
Southern Bgnk q. III, III. 5jOs1O
Canal Bank. Y. 1. 10000
Toial. =. ]. saOoOo0
Gounninfply nbs
Workers, that our banks would not loan to the
Stale. " recommend thasa nastilantial NamYnrl,