New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-26
Islu C)rItans aaiLa Crsstsllt
n lNeIGI. ANn UslsaTEI sf!IAl. nErAIsrlIss III
sEett Orleans stIaAeg sELaEksI.
UsssuEs 9rsfcT, u. 10 Camp sttest

sHssne sv fgFsscH NJ 10 Camp street. 4
lionaes Evening" aslsse IS p. 1851. S
The general tsoney market apeaed very qniet
qosissy There appears to be more q less desire
ua she paft u lenders III money u ennoy It at
sossae rate below ito Sct rather than to let il re-
main ile which vi assuredly be the result unless
4 sHiev take The paper now oEisred. Asthe confede-
raey pf Southern states i now ixed fact. it y
unnecessary foT dealers in paper To be continually
uding 10 the political status Of the Southwest. If
money holders dcHht the fatnre OF tile great South,
The anceess If the Confederated States Of America,
thsy had best sen oot forthwith, and depart for
tlsehyperboraan ii geIs, We ara knowing 10 sew
eral hpAthisers with The North, who dislike to
gisa H tlle profits on investing in planters and
factors napef. They arc fully aware that there is
lib better commercial security atloat that they
cannot take large loans having years to run.
The amount of money drawn yearly from New
Orleans owners of real estate reaches an almost
ineredibls amount. Ii ii taken to France, Italy,,
Y England and 10 An the Northern cities. One
owner of some Of the most lucrative property in
our ara #s his rents to the amount Of q, 600
par annaTa others draw from s5eod 10 s25n00per
anauia. W HE opfietors complain Of high
taxes, bat at the sarae time do not complain that
their terans have paid yearly increase Of rent
without Iaurrslur, For instance, within short
distance of sanotnfn we can point out buildings
which ten and twelve years ago were rented at
ssysnty I've dollars per month, Of nine hundred
dollars per have been rented for Eve
years past f the rate Of ghteen hundred and two
Thousand dollars per annum. ii any Of the pro
priefoEs of central located property who reside in
foreign nations, Northern States ard Europe, desire
1 "a sall ont at tiFst cost theE will find buyers
There were several transactions in ten ana
twelve months mai er closed on Saturday at the
rats of II egotiations ia progress
today calls on the banks for discounts we're
5 Iighs.
y The bank auest ian. ieh liss occupied the at
Eenfion of the Convention for some avs past, was
settled TO by tie adoption of Till substitute of
article Of lis Of The Gonst
fs52. The Legis bus tie future ais
pasaf a kion, Tis AID opffon pf the ordi-
undoubtedly TEND to facilitate banking /
afions.
gle sstenk laar ket was very firm to-day. Hold
ssrs Pear ~ every day, asking 81 10 ana
over tor s'sts Bank, and sI6e@ % for Bank Of
LGliisiana alaare were no mo vernents III bonds
Lhe hangs market was active for Northern +
ftfds. checks stead aver The counter 81
pre S7sIs ard / premium. Sixty
sseaaus There vas very little done in sterling
alp y orh quotations. III bills
EaiF aud good al l0sF5a
81 lsIssl dsc6T1ents 1o5z @I064 Francs
more freedom than Oh Saturday
Il n anti down to 5.85, Three
lsnfeafsl we're AIKEN with, these cures
nh are 15s25 for remit
taf l.e ralgs Of the mark how ever, is from
3 AsssE 1ofk money market quoted by tlie s
VI tle ~ follows
Ase saKat any change in the money mar. :
ket Money II Tered xeess of the demand IA
r and very choice names viii
Rasa saI1e Il he average rate for first ID
stass aIssls Tefgains DIT GOT F
Iis aa Eange JIM foreign ex change noted yesfer +
lay well maintain ed to-day. bankers fefnsea :
paela under Ie7 for sterling and +. for francs =
arl RlI9 wanted bills gave those rates. u
Soreeaeial Ailia sold st and l06h good bi
Jiils helkg aaFce and bankers very careful Al II
he elese a mail hours the market did not exhibit r
ta8as stsengt til. II seemed as tfotrh lfgt n
Z had Eaf Piled themselves III anticipa. IL
ION af ttfhsE sad vance $3.50 ~
Dizziness Continues tue feature Of HE stock mar -
Ial tors wonln welcome any news, bad or
soods ID stfr stocks and cause d fltic- pc
.lasa'1 one WY or ths other, Il seems to be gen
[ " alE,Isos fhat while good news would put
tness up very apldy and vigorously, bad news =
sgnla AaTall tlfem tnnchso much trou u
e as been ex perienced and discounted @ 9
f5s fsT 0nlT ppes to speculative railway ~
toesa ent of any trouble which should T. T.
endeF secession Of The border States proiabie ~
m deelnei in Missouri, Kentucky Tennessee and m N
Tggaia Eopld undoubtedly be heavy. These | e.
lecti8H. g9sa - Iol
Price Current, Of the 10th March. b
syai
sEhe demand er money has beenqnite moderate Il
lrlng the past week, and the market has fleen e
Wita fulds seeking investment so Is
iassi1 taE was week ago, and tie ~ ~
lea has beenfaIly ca
~ WE Second and tbrd-eass pntYer " Y
o 9e thong offered ~
et- nsUitt scaunf.6 T tat
On Eastern cities has been In bet y
Z easier al tile close TIL TIL
Iates are ilel quot lpWer 74 ~ 81
III hardly ~ ~
atea, m 81 ,rs;a; alb
sseti per. 3sS e BEN m ~ ~
Time ha the iris ieraand al slI n "a NJ
ssnd 4qE ring, th g demand for produce -
ang22 eh islsy tram The Sent III. liza ES sE5S III,
ths tpr flllenrrent money has been much
tha4 week, and rates of discount de foI
lnea the currency of Illinois and fae
~ seetsill better under tho las
NJ e ggs saYe been passed I'LL both these
alea fegnlaI ha1ikiag aud this Improved feel.
I nas pTa9aeeus solaeWla speculative de- era
anf FOR ths Exchange on tie Fast has no
in and Chicago which Il ~
of more climate state III mnna Mi
IL The Northwest The n,llber If djs IN
saIset limos has been reduced, and III
" stands as follows: IS - an
pssda EpiFRp sEtaNois. 5t
Circulation Market value dis
Y HINT asanlf g q \ 7