New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-12

Ueb Orleans 9aiIp Crescent,
FINANCIAL AVID COMMERCIAL DEPARTMENT.
AelD @rLtans 9lontu 3tIarhtt.
CRESCENT OFFICE, No. 70 Ce'nD s;rs5 &.


The general money market moved along very |
quietly to-day. There is large amount Of idle
capital here at this tinae, and Accommodations are
expected daily. The banks are under full supply |
and must keep so. The outside money market is |
without any change. Some light amounts of paper |
are placed daily at varied rates, say from 109l4 |
and y yet. per month. In a friendly way there |
are daily transactions, though some small CAPT |
taIists Or dealers have withdrawn from market. A |
majority Of traders and our citizens inclined to
test the conundram, how little money will answer |
the purposes Of our community. The last Liver |
pool advices, say those announced this morning
brought by the America, arrived Mt Halifax, were
deemed, commercially, favorable, financially $3.50, |
and politically very dubious.
The great Exchange market has been well eXer-
cised for three days past To-day the offerings of
all kinds were large, particularly of Northern,
which ruled over the counter at 5@S dis. Outside
rates ranged from ftGs dis, and 101i dis, the
bulk of the transactions being from 50l5 dis. One
and three days sight lI0l3 dis: five and ten days
sight II. Sixty days sight not yet in traces, and
very lightly inquired for We quote from 3@33 q
CT discount for good names, with very little dispo
sition evinced on the part of buyers and remtters
to operate, rather move. Sterling, under the
influence of New York movements has advanced,
and clear bills command 1023@l03 and Io35, and
several transactions were made at l04Ml044 and
l0i3, and small amount for remittance purposes
at l05@l05l, and some still smaller sums were sold
at log. In documents there were a good supply,
and transactions were to some extent at from l01
0D1O2 and over. The banks were buying very lit
tie to-day and outside dealers had the market to
themselves Some large dealers appear to be
rather nervous, and desire to obtain all the good
foreign bills in advance of financial disturbances in
shipping and maratme pursuits, which, it is sup
posed, means alludes to the declaration of war
from some where that the mouths of the Mississippi
| river are to be blockaded. Undoubtedly the
nual mud Jumps will appear on the rise of the
river. However all these contingencies have their
influence on foreign exchange and its grand basis.
The market for francs is free. We note sales at
| 5,4G1 and 545 to some extent = extreme rates
ranging from 5.6o@5.45.
| The movements in stocks are restricted. Sales
of Bank of Louisiana at l56@l5S; State Bank at
| l6O0l62. We do not learn of any sales in free
bank shares. In other securities there are no
movements whatever. The Opelousas Railroad
Company has met its half-yearly interest promptly,
and is now out of the woods for six months, by
which the political changes now Transporting will
have increased its prospects beyond all anticipa-
tons of stockholders and the public at large.
The movements in uncurrent money this week
have been light The brokers and dealers on Camp
are buying, as usual, at some rate or another.
Rates are, therefore, nominal. There have been
some receipts of Mexican dollars aud silver bullion.
share of both have been sent to the Mint for re-
coinage. Other movements comprise sales of
Eagle dollars at l024@lo3. There is considerable
foreign gold arriving. The Bank of Louisiana has
received this week 1915 900 in sovereigns and Ma
poeons, and 49, 600 francs in gold about due. The
Louisiana State Bank has received this week $40,
900, which is lot detained by snow and ice. The
Citizens Bank has received 100000 this week
The total receipts of coin for the week, or since
the 4th inst, approximate Sl,lo0000. There is
more en- route. All the banks appear to be getting
on a war footing, and money is destined to bt
abundant throughout the season. There will no
be anything to absorb it. We shall have an anon
alous state of affairs. In the midst of plenty AM
abundance, the effects of scarcity and complaint
will be experienced.
The following is the amount Of duties colleGte
in cash on importations Of merchandise from fol-
eign countries for the quarters ending the 3lst c
December for the last five years: