New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-22
5leh OEltans Datlp Orestert.
FINANCIAL AVID conMERcAL DEPARTMENT.
gFeA Orl&an3 HIontv Hlarket.

Tie same flamenco prevailed in the paper mar
kct to-day, VIII. Wy we had to notice for sew
eraI days past. Inc Gala on the banks were below
the income. Oz.5iIo there Is good inquiry for
longdated paper, sahi actt2 the csprioes of woad.
be buyers, that Is, they alone are 10 judge whether
it is Al, AZ, Ri or 10 on. Unfortunately for deal
oT= there a~c very far OF these ao-cai3ed faxerite
signature ,@ucd. Ta2lune atslr2rort 81 'bc story
r., tr' Y 85i!a't, a~i dealers in r1@ar expect
to r~'iza any .lus ..,3s azoa, they Ta15t aJoF.
djiI.rgnt standard ia 4a.ziDg the securities Offer
ing. Money continues t1 accumulate On deposit,
and I. in al, probability continue to increase.
Movements in some quarters were checked TO-
day after meridian. The advccs from Liverpool
to the 9th instant, were not Of the purport, in
general expected. 4 decline in cotton to 5-l6d.
was not expected though it was predicted by one
or two parties. Dear bread aud the withdrawal of
orders forwarded from this side for manufactured
goods have had very sensible etfectin Manchester
It appears, notwithstanding lower estimates than
4 900 900 bales had been received in Liverpool
from this side the market fell off from llGd 3D.,
and some accounts say ID. The accounts ought to
be OF more encouraging nature, in face OF the
eft.repeated and standing remarks Of great en-
hanCement in consumption.
The exchange market to-day improved slightly
over yesterday, only applying to foreign bills.
The counter rate for checks on New York ruled at
from Ia discount. Outside the rate ranged from
| 3@1 for bankers bills. and zM} discount Sixty
DAYS sight 2I@2A and 2i13 get. discount Sterling
was under more firmness at 1h3fWl04, at which
figures the chief business was doncextreme rates
ruling from 10350l043. Bills with documents were
sold at 102 We quote from l0l0cl02 and 1929,
hut rather heavier after the foreign advices came
to hand Francs nliiet-moved along so 50, at from
5.57Im5.47I, with some drawers holding at 5.45.
, Two days business were carried through to-day.
In stocks we note sales 40 shares Louisiana State
Bank at 155 50 shares at l543 50 shares Bank Of
New Orleans at 90
There has been very little business doing in m
current money this week. The receipts of coin
have been 1906 600 from NcwYork, Of which $780,
$40 were to the Citizens Bank. Some Mexican
dollars have changed hands at l03 American
silver is taken over the counter at 9S3099.
We give below the last annual statement of the
| Southern Mutual Insurance Company Of Baton
Rouge, which has an agency in this city. The ex-
hibit is a remarkable strong one. The premiums
received for the year reach So 900 and The
losses have been sl7,87G. But the most remarka-
bic feature in the statement is the amount of cash
on hand say sl395o3. The total assets OF the
| Company reach $3jl,709 We congratulate Col.
Pike, President, on the very fortunate success of
his experiment, now assuming the attitude and
position of a rst-cass institution, having au the
requisites of 4 sound and solvent association.
In conformity with the requirements Of thefr Charter, the
horn MutiitI Insurance Comp my publish the follow ne
AiHtlmuG:
Amount of Premiums received from Feb.
Isl, 1861, to Feb lzt 1851 80. So5-Sj
Peni.l.is on Fir, Risks .................$6 $50 $50
MtriLc Risks -. !@!.9J
:. River Instantaneous. IfS7
s85255
Prco,iurny on untcrrnna,ed Risks Feb
Is lS6O......,.... ................., Si9sli
sr35l0l
Tess Premiums on Risks not minated. $50 go
>e' s sIT Fe e p,s ISL s48so
LOSSES PAlp pURIHG SAME PERIOD,
No losses unse tled.'
Ga Fire Risks.
On Marin. Risks ..... '..'... a:I34
On River Risks. "'A4u
.s15,a5s
Expenses during year as aboYe 1892 CO, o.,
Net profits for the yeOr ending Feb. ,o,,,
let, 1851 ACKNOWLEDGEMENTS .1s.nl
The Company have the following assets ~
Pills receivable for pr-niunls p p
Bills receivable Cor hllan due on stock i56i
Baance dne 6v New ircrja AGENCY ............. 334
Balance due by New Orleans Agency 1878
Total .ss57 7Co
WM. S. PIKE, President.