New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-12-18
tNeb 0rIeans atlonep 5nuAtt.
CRnscEsr OFFICE, No; 70 Camp street ?.

CRESCENT OFFICE, 10 Camp street,
Eas Tuesday Evening. Dec. Il, 1861. 5
The general money and paper market was quiet
to-day entirely TOO quiet for those who have much
ready money over. There is so limited an amount
OF paper Offering that borrowers, when rendering
first-class paper and securities can dictate their
own terms. There was very little doing about the
banks to-day. They move along quietly, and ap-
pear to be making arrangements to meet the re-
quirements of the State. There appears to be
soma diversity of opinion whether the State should
issue treasury notes or whether the banks should
assume and agree to advance the amount required.
All tie financial measures of the State, the as
cunning Of the Confederate war tax, the amnesty
to the banks, the enacting Of < law placing the
seven free banks so that they can avail of the act
Of 1872. can be completed in two days but as
there are some addresses and speeches in course
of rehearsal, il is supposed they must be delivered
before any real results can be realized. &
B We have been repeatedly Inquired of about the
E Presidency Of the Canal Bank. We have, to re-
leye all inquirers, to say that the annual election
for President according to the terms of the char
4 ter, takes place on the first Monday of January,
which will be the 9Th day of the month. The half
yearly dividend, in compliance with the bylaws,
will be declared on Monday next Whether it will
be4 Get. Or Ssct., the latter it should be, with
the large balances Of sterling exchange held for
more than ak months past.
" The exchange market was under something of
collapse to-day. There was very little offering
and less selling Sterling continues to rule at
from l33@I35 to lao, hut very heavy. There were
no transactions in francs beyond few small sums.
As It Is hazardous proceeding to remit to Europe
of this time, the market, Of course, realizes the
general depression.
The stock market was exceedingly dull to-day.
Some few shares of Louisiana State Bank changed
hands at no. There were higher rates asked for
Gas-light Company, say l90@la2. This is very
high figure for 10 get. stock, though it is doubt
fal whether the dividend next month will reach s
Bet, being equivalent, under the present asking
prices. to 6 Oct. per annum-that is all. There
are some Northern stockholders who would be
glad to realize at these priees but, very unfortu-
natey, their shares are under the control of the
District Court Of the Southern Confederacy, that
is, under Representation.
The price of gold and silver has declined to-day.
The brokers find the offerings light, attended with
q light demand, and gold cannot be quoted higher
than 30@s5 get. Silver has also downward ten.
deney, retailing at from % to rs premium.
We regret to perceive that the Confederate Con.
gress does not move IN recognizing the Mint OF
this city. tits astounding that this immense work
the Branch Mint, should be kept idle. What en-.
couragement, We ask, is there for the bringing
from Mexico the products Of the mines of thai
nation. 1t is hoped our Congress will at once con
slider and thep act promptly on tho resuming ope.
rations at our Mint, the doors of which, in regard
to coming and the transmitting OF bullion and
foreign coins. ought never to have been closed.