New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-11-23
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CRESCENT OFFICE. No. 10 Ca
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In and about the banks to-day the chief talk was
about the usual weekly returns The President OF
the Board of Currency maintained that they should
be returned tomorrow Saturday. This, however
is very triaing matter, far as the public is CON
cerned. The outside public, SO called, have no in.
terest in the return or statement question. 1t is
very jmmaterial TO them whether the returns are
made this evening, tomorrow morning or on Mon:
day morning. Tomorrow may be regarded as a
real holiday, and so far as banking movements
are concerned, 1t IL very ifnmaterial whether the
general weekly statement is made this evening or
not. We have not taken the trouble to inquire,
and as We are very sure that the banks win be in
tip-top order on Monday morning, we have not
thought it Of sufficient Importance to colate the
returns this evening, premising that in 1863 the sth
of January was q legalzed holiday, when the Board
of Currency dictated the banks to make their re-
turns on the Monday following. 1T is not out Of
place to suggest that In all matters and on all
easlons, 1t b. best for all public institutions to re-
gard the mandates OF the authorities OF the State.
To abbreyiate q long talk, the authorities of the
State Of Louisiana have suggested that tomorrow,
the 23ds should be specially devoted 10 the inter-
ests Of the Confederate Government; acquiesee.
ing IN the recommendation, we have only to say
that tomorrow will be q perfect blank on the re-
cords Of the financial and commercial markets.
There were very few transactions to day. The
outsiders or street disconnters are complaining Of
hard times. 1t is not supposed thatif easy or soft
times prevailed, or that if paper could be placed at
SOTO Vet. per annum, it would be acknowledged
Mas n'anaporte, there is no scarcity of money,
either long taw or short taW, If borrowers feel
disposed to submit to the shavers and e4actions Of
lenders. iS q
Money Is abundant in England at from 3@3a and
4 f9ctper annum, but England is not New Orleans.
In fact, the latest figures from the London Stock
Exchange quote the discount rate of qct. as
being an outside figure. Many Of the bankers and
others sn London really believe that gold will flow
from this stle--Amerieas These are conclusions
which do not command or merit second con-
sideration.
Y There wege no movements in the general money
market to-day. Stocks are stiffening. We note
sales today of 80 shares Louisiana State Bank at
Jas, also Is shares Of City Railroad atI65. There
is a good demgnd for scrip Of the old Insurance
companies. IN fact, the beautiful engravings re.
presenting the agnal photography are in demand
and the issues Of the leading oficesare in demand
at from 6o@s5up TO roc. per dollar. Scrip trans
the general money, paper and share market.
The movements in uneurFent money, that is, the
papes issues Of distant banks, offer nothing for
comment this evening" Gold is in demand, and
silver Hatmuch 10 tue rear. The buying and sell,
ling rates Of gola are from 20@25 Oct. prem with
one party who holds a small amount asking 80 %
ct. prem These greatly 'dispropo rates do
not seem II meet with much favor in fact they
are not encouraged; nevertheless, gold and silver
are commodities of trade, literally speaking, and
must be subject to the immutabs laws Of supply
and demand. st5 *
There was nothing doing in land waFrants. All
the warrants nov atlosst we're granted by the Hes
sian Government, and are not worth straw in the
sonthera CoHsaeracy, partiel Marty those warrants
held by Black Republicans and I'll cir sympathIzers
IN fact isGd warrant IF the old siunct Govern
ment may DO deemed to Be worth tie paper on
which Il is engraved, which means ast ~ tiiing At
all. tjs
Weannsxt the quotations. of the uncurrent mofsey
market, aareceiYsd from John Wood 4 Go.i 81
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