New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-14

1t very safe basis to judge of our population
from these returns. The number of vacated houses
was less last year than for five years past.
The following extract from the report of Mr..
Giffen, the President of the Company, is of more
less interest to the public as we'll as to the in.
dividual stockholders:
The new engines referred to in my last report as
contracted for with the Novelty Works Of New
York, and to be in operation by the 1st of June
last were, from accident at the foundry and other
causes, not finished and ready for shipping until
late in July; the delay at that late season in find
ing vessels coming to this port, and who would
| carry such cumbersome and heavy freight, added
to the unusual long passages Of both of the YES
sells, the engines were not landed here until the
month of September; a further delay was then ex-
perienced in the death of the engineer sent out
from New York to superintend their erections In
the meantime, a large and suitable brick building
has been built, and substantial foundations for the
engines placed in it; q large pen or crib of
heavy spes, built in the river to protect the mouth
OF the suction pipe; the large suction pipe and
box, referred to in my last properly laid in their
respective places; one set OF large cornish boilers,
thoroughly cleansed, inspected and reset with en-
tire new brick work, all of which was heavy labor,
and cost, in consequence; all the outside work,
auxiliary to the machines is will be in readiness
for its action. Since the arrival, in October, of
another engineer, the erection of the engines has
gone on as satisfactorily and speedily as the nature
of the massive work would admit of. am now in
hopes that by the 10Th of February 1861, we shall
have in successful operation one of the most COM
plete, massive and powerful set of pumping en-
gines of this kind in the United States--adequate,
trust to furnish full supply to the entire city.
The contingent expenses, owing to circumstances
beyond my control, will be more than first estima-
ted though none have been made that were not
strictly necessary and forced by the nature Of the
work; these have so drained the treasury as to
leave but a small balance on hand for the close of
the year, yet | confidently believe that from
the regular income of 1861 we shall be fully
able to pay the balance yet due on our en-
CINE and pipes, and make in April our regular diVi
dend of S. per shure. We have on hand 8 good
supply of coal and fixture material; the engine at
present in use, mounds, basins, pipes, ETC., all in
good order and repair.
LOUISVILLE MONEY MARKET, FEB. 9.-In finan-
cal circles we have no change to note, matters
continuing to move along in the same channel
which has characterized the market for some time
past. Currency is gradually increasing, and to-
day No. paper was rather in demand, though in
outside circles the market remains very stringent,
and parties offering paper that is not considered
tirstcass find great difficulty in negotiating loans.
Collections from the South are coming in but
slowly. In uncurrent money the market is very
much unsettled, and more particularly so in West
ern money. The news from Chicago quoting an
advance in Eastern Exchange at that market will
have an effect to press up the rates on Illinois cur
feney. Tennessee is lower and can easily be sold
at ll@l4 dis for the old banks. Virginia and
Southern currency were rather heavier. Exchange