New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-09-16
gth 0rlsaus 1ailp Gresffllt,
DHRARTarErSr COLUMNS
Him Orleaas Iloneu Markst.
CRESCENT orTlcr, No. 70 Camp street,
II Saturday Nivl1t SAINT IL 1871


Saturday Night, Sept IL. 1851 )
t8 The general money market moves along quietly
\ and calmly The chief object and great features
III attraction are the Confederated Treasury notes
The shavers aud Shy locks have been endeayoring
70 depress them but as they have not the means
10 parchase 1.-THE Of what are Offering, they End
sof little use 20 continue their attempts to de-
press them, and the Confederate Treasury notes
must now be considered as the currency of the day.
There is sufficient silver in circulation to meet the
ordinary transactions, but q disposition for hoard
ing prevails IN some circles, which ought not to be
encouraged. In the meantime ii IS urged on our
banks to hola Oh 10 the gold We are knowing to
the fact that there are orders for it though osten
sibly required for purposes in the Confederate
States vet It viii surely find its way to the Hessian
markets Of Louisville and Cincinnati.
OF course, there has been very little business
transacted during the week. The chief sales Of
merchandise hsye been in coffee, salt and some few
I articles Of clothing, boots and Shoes There has
Y been d good business done Id sugar, and prices
have materially advanced since the first of the
month Beyond the transactions for war purpose
The hardware business is particularly depressed.
An regards cotton it is unnecessary to ailude to it,
There has been very little rain fallen within the
limits Of The city since Monday last. We look for
Improving crop prospects the coming week.
Advices from New York to the 9Th inst. represent
the great loan for account Of Lincoln, Chase & Co.,
or the old defunct Union, as total failure. Not
withstanding the urgent appeals throughout the
NORTH, only 5000, 900 had been taken by the people
The banks Of New York city lost two millions and
a half Of dollars in coin for the week ending the
"a Inst After the next great battle on the Poto-
mac, the foreign agents in New York Of European
capitalists Rho own about one half of the cein in
the vaults Of the banks Of New York city--WiI be
drawing il and sending it back to Europe for safe
keeping, on to it's original owners. sS
The weekly return Of our banks, as made to the
Board Of Currency, show 9 uniform movement.
The loss il specie Is light considering that change
Is wanted for army purposes. It is most sound
and judicious measure onrE banks are pursuing In
paying ont silver dollars at the authorized legal
STANDARD. Some wonld.be shayers persist or de-
mand, and ask for coin, expecting, Of course, to
hare eagles and double eagles counted out, with
which they viii imme diately enter the market and
sell Of 4tds5 ffaat. prem Others want gold for
boarding purposes, and are somewhat taken abaek
AT being rendered silver dollars at the legal rate Of
one dollar snd two cents each. Many people do
not understand it, but they will after while. PHI
ing up silver dollars s rather bulky so conye-
nient as gold.
y The changes ID the bank movement for the week
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