New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-04-29
ions were all of a curtailing character.

| tuT community mas reduced 1tS lQdeDLeQ1eSS to
the banks this nine millions of dollars and
| though the week now closing has been marked
with pressure it falls lightly. The disturbed
state of the country will be overcome. The circu-
lation of our banks is one third less than at this
time last year, and with large surplus of coin
over last year, the line of deposits is about the
same
We have nothing to fear regarding the crisis.
Our banks will do all they to sustain the mer
camille community and the country; but as for
granting favors to parties to remit North that will
not be entertained. Parties owing money North
can at once inform their friends and eopart1iers
that there will be no more discounts for the benefit
of Northern firms. The war, as it were, is to be
carried into Africa. We don't regard the last
efforts of the New York capitalists to raise money
for the old Federal Government, procure subscrp-
tions for the balance of the stock of the United
States authorized to be issued under the act of the
9Th of February last, say $S0O00Oo. We find
among the names of the committee to procure sub.
scriptions the names of Stewart Brown, of the
house of Brown Brothers & Co., WIN. B. Astor,
Moses Taylor, Pelatah PERT and Auguste Belmont.
We alluded to Mr.. Bemont's subscription in our
last of $l00 towards fitting out the 7th New York
regiment-that he was forced into it. We revoke
the expression and friendly disposition towards
him. We take it all back, and place him among
the others of the Black Republican canale op-
posing the South. Stewart Brown is one of the firm
of the house of Brown Brothers & Co. This firm
has a branch in this city, and another in Mobile.
Mr.. Brown, though appointed one of tile committee,
| might have declined the honor. As for Monsieur
| Auguste Belmont, we have no confidence whatever
| in him. We also find the names of Bogert & Knee
/ ,,an mi;
another house that for over thirty years done a
good deal of business with the South Viper like,
it to sting the hand that has nourished it, We
have something more for George OpdylSe, K O.
s., but he is becoming rather insignificant, we
may turn him off with only pull of his proboscs.
We are gratfed to fad that Matthew Morgan Sc
Sons are not mixed up in the nefarous business of
attempting to subjugate the Southern States.
The Exchange market continues without any
change from yesterday. 1t is rapidly approaching
bottom The banks sell checks on New York at
from a@4 discount the counter. Outside the
rates ranged from la@2 down to q DISCOUNT; but
really there is no demand. AS for time BILL there
is not buyer of sixty days sight on New York to
be found in this city, even at 10 f93t. dis New
York will not be trusted on the flags at this time
There were some sales of sterling to-day at 95(l96
and 81, but as for market, there is none Francs
have gone down to 565@5.50. Our banks hold
very little Northern exchange. Some not q dollar.
others getting rid of what little they have as
fast as possible In ten days more the balances
will not exceed quarter of million of dollars.
and though there has been q good deal said about
seizure on the part of the concern at Washington
it was found to be a business two could carry on,
Nothing doing in bank stocks nor in bonds