New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-04-20
Ge6 0rleans gailg Grsstsnt.
FEEANCIAL AND COMMERCIAL Department
9eb 0r!fans Nlouep 3tluAst,

Z calls for discount were pretty heavy fe7 the i,
2 come, but nothing whatever of a pressing sbarat
ter was Observable. There we're no outdoor sale
: OF paper to our knowledge. Good and sslec
: names, maturing next spring. range from 9301
! ana ii yet. In other grades there are no move
tnehes., Inc demand for money with the tonsoria
branch Of our community is extremely light the,
are not making expenses. We quote good ant
c1oece with them l40la yet. per month, and "a
02a yet. But taking things altogether. there il
little hitch in the general money market, without
any extra calls. The seasons business is DRAWING
to close, and our come-to-day and go-to.morrov
citizens are preparing for their annual hegra, al
least such of them as contemplate going or can 60
Among the notable events of the times we have
to remark that our city authorities could not meet
| with bonds issued to the Pontchartrain Railroad
| For the past thirty days the Finance Committee
| have advertised for thirty bonds of the CITY At
| the hour of closing last evening there was not a
bid or tender offered. Who has got the $500 1000 of
these bonds issued by the city and would not come
| forward and sell them at par?
| The Exchange market was remarkably quiet to-
| day. The counter rate for checks on New York
| was par, with some anxiety to sell Large sums
could be realized at ! discount. Three DAYS sight
sold at discount; one days sight at the same
rate; ten days sight 50l pct. discount. In sixty
days sight we did not learn of sale. It is difficult
to dispose of large amounts on New York over one
to ten days sight. If there could be any quotation
for time bills, they might be quoted at from 5610
yet. dis. There was deadlock in sterling. We
heard of negotiations at the low rate of lO3la104
for clear bills. Bills with documents were alto.
gether cbete from the advance in the season. Dar
ticnarly on produce bills, against property ship
ped on board Of American vessels. Francs moved
along quietly. No large transactions, and the
very small transactions were between 5471 and
5.323. We notice that gold continues to be receiy-
ed in New York for account of our banks. It is
suggested that it be ordered into the valuts here
forthwith. Though our banks have good supply
they cannot have too much under the crisis.
The subscriptions to the loan were free yester-
day. There are many large owners of money who
are holding back, but for what purpose God only
knows. The gentleman in black might more pro-
perly interpret the question. We hope many that
have put off for the last day will come forward
early tomorrow Saturday. A subscription list
is opened at the Bank of America under the super
intendence of the President and Cashier of that in
stitnton.
We have nothing to say about stocks and bonds |
We have not heard of a sale this week. Holders |
do not appear anxious to sell. The loan seems to
he the favorte call just at this moment. We omit
our usual table of quotations. We learn of very |
depressing accounts in the NewYork stock market |
Capitalists and others are completely dumbfounded
at the fall of Sumter. Some others are whistline
hnir hay bistl tr
purpose, as the old concern at Washington City,
our late uncle, has got to recede, succumb
1t is we'll at times to look on the actions of in.
associations or recognized institutions
For years and years we have heard much, very
much of the American Colonization Society-a
sort of thing inaugurated about thirty-fve years
ago for the supposed benefit of colenizng Africans
in Africa Many donations have been made to it.
Negroes have been forwarded under its auspices 10
Liberia, among which was the first shipment of our
late citizen, John Macdonogh, who dispatched |
some sixty or seventy slaves the year before he |
died. The last survivor returned to our city after
wards, the others having died after landing in
Africa. But what intend to allude to more |
is that the great American Coloniza-
ion Society, which has its head quarters in New
York city, proposed to take $4,000 of the late
",
five thousand dollars were awarded. Now the
question arises, whether this money cannot be con-
ounded with donation of twenty-five thousand
loars made some four or five years since to the
Colonization Society by David Hunt, distinguish
ID cotton planter of Jefferson county, Miss. This
Donation passed through the hands of the factorape
ouse of Henderson & Peale of this city, We are
sked how much has Mr.. David Hunt or Messrs
CT talro ~ +%o ror | ,
There has been little doing in uncuwent money
his week, and with the exception of decline in | +
he wild cat issues of Illinois and other Northwest
IN States, we have no variation to quote. The =
ccredited banks of these States are COS 39ct. dis
cunt in Louisville and ST. Louis. We shall soon p
earn how to consider the value of Western bank
otes based on stocks of the seeded and seeding ,
tates, which are intrinscally worth their face. 9
n attempt will be made in Wall street to discredit
II bank notes founded on State stocks of the f
outhern Confederacy. We hope Wall street brok- (
rs will have good time of it, particularly when .
ley put notes OF the banks in Louisiana down to Is
let discount. We begin to think that Wall street.
ew York, is den of most consummate scound
is in finance and stocks.
There have been some receipts of coin this week |
i silver from BRACES st. Iago. Sales have been
due Witulu LHe IAHSc or our QUOTATIONS. There is | .
cry little doing in American silver COIN Dealers
ny and sell over the counter within the range of
lie table figures below. There is nothing doing
land warrants. Though there are sales quoted 7
the Louisville market at 550GOo. per acre, these
arrauts can only be applied to the States of the 5
d Union.
We annex the quotations OF John Wood & Co., I
,rner of Camp and Common streets: u
.orna ,lold .Si76J57 50 per o. II
let!cah EeF--ou sue T3ct. prem |