The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-02-05
The New Orleans Picdyuae Of Tuesday night,

The tone of the market of positive cheerfuin
compared With the depressed feeling which prevaliol
only week os two ago Operations 10 Cotton, sugar,
hteadsts provisions progressing on avery large
scale very satisfactory prices thus furnishing tue
means liquidating s further the present contracted
mo, Capital rs consequently accumnatirg ~
private hsnds the deposits being already Of the
DISCOUNTS and there evidently more disposition 10
NO, ~ Eut IL Il not SO easy TO get hold OF the right
Snd of paper. Prominent factors put II oat sparngy,
offers 81 IL per cent per AMMAN, al "hg dates, atse
D. refused. The banks dirps ed " take al Tue
city prime short paper Which tenderei bat tn does
uot aniouLt a. much, there very iittlo made.
things continue work smoothly tney now
yomise-spelkil liz relatively Of cOursc-the banks WI
probably III al idtef period an consent 70 carry
over IT. proportion the TAI tnatIriti,s rev
Negotiations made to-day al IL PEE cent i"r Decein
her notes and al IA per month for short iat . We
Lotice them merely 10 show that there Is SONS remnant
Of market but the volume business " even more re-
sticted than was tine during the criss OF 1851
stocks are attracting some attcntiol. A sale oil Ola
shares Bank OF Louisiana was uaie AZ 100 and $Ll oOo
Leu state sAes we're disposed OF Ga private .er ms
hui al a rate should opbe, sitsactUy 10 tue
huyer tlan TO the seller. ihe foreign exchang M kct
VAS more amply supplied, AID, with essened demand,
he rates are rather weaker. FOR Al clear bs loo was
ern al outsic figure and struhg Lonion circuits sfd
I'll 1854 We quite ron 1861 a lV6 We SAY a batch
Bat, Of Eng ana post notes Tor soioh lo' wac offered
refused They are cqusi to ahopt I'VE days siSht
md constitute OF course, nrst elass reint Dr1
with bill Of iaaIog were nesotaioo at ioo3s lots "a
there transactions al 81 80 81 81 but the
range f.r other baincs cxtenGs 70 5i.s0 sJnt
round q nre pToo sixty day bulls CA New YORK
we're sod ., per cen, discount ign, e very ura
counter rate ia back fs H.
At Chicago on Thursday exchanges took
| downward turn. On the street large amount.
were sold at per cent premium, and finally al
| 4Ila4s.. The banks commenced by paying pei
| cent and selling at511; but before the close they
were selling in some instances at and paying 4ls
!, Az Milwaukee on Wednesday the rates were not 50
full, and the banks were purchasing at al "a
premium. The st. Louis Democrat, undor date Of
! Wednesday evening, remarks:-
sight on The fast though mostly held a, per cent
premium, sold 10 some extent AT ~ premium
and New Orleans low D per cent tApIgh tn
general asking rate Ii premium Tor bank o.s funds
iLe supply Of New Orleans exchange less
the LSlst
At o late meeting Of the directors 81 the Cedar
Rapids and Missouri Railroad Company al Cedar
Rapid, the contract Tor The construction Of the
first seventy miles Of the road, including the d..
pots, water tanks, side tracks AMI every tnng else
necessary TO put II In readiness for operation vas
lei TO the Iowa Railroad Contrasting Company at
$4,000 per mile, payable in stocks and bonds
Of the company.