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New Oricans Daily Crescent, Monday Morning, April 9, 1866. Triple Sheet. gold scarce in order to squeeze the shorts, and it Financial and Commercial Summary. AUCTION SALES. would seem probable that the price must be kept th LARGE ESP AND PEREMPTORY SALE OF HORSES, up until the contracts are settled. Some large Gold- movement in Gold showed a heavy Mules, Buggies, Harness, etc., at auction. amounts were offered this morning by leading Br advance on Saturday, owing exclusively to the Y MONTGOMERY & HRO., broker, but the offers were neutralized by bids for passage, by Congress, of that misnomer, the civil still larger sums. The market is, owever, easier. R. M. MONTGOMERY, Auctioneer. bet OfficeS9 street Camp Loans are being now made at 1-16@1-2 per day rights bill. Offerings were light throughout, how f interest. Foreign exchange is dull. sid ever, and operations were restricted on the part April 10. at 10 o'clock, A. M., There is little inquiry for bankers bills. and at P. Liner's Stable. Gravier street, will soldof purchasers for immediate and prospective deliv H Match Horses rates are nominal at 106A@1068 for sixty days. ery to $111,000. The market closed unsettled at Sterling 5.20@5 30£ for long francs. The inFine Saddle and Harness Horses. creased demand for money experienced on Satur126@126. against 1251@1252 on Friday evening. Top and Open Buggies, Harness, etc. day is apparent this morning also. The outflow of Fine Work Mules. Foreign Exchange-There is an advance of fully of funds to the interior, which generally occurs in W as TERMS-Cash in U. S. Treasury Notes. & per cent. to notice since our last in rates of the April, appears to have set in already and the FURNITURE better classes of bills. The market is still amply FURNITURE balances in the hands of the banks and private bankers are gradually working down leading supplied, while the demand exhibits a very mate BY MONTGOMERY & BRO., R. Broad street banker is understood to have been M. rial increase, and sales, on Saturday, were considvery large supposed for bear effect, TUESDAY, April 10, at 11 o'clock erably above the previous daily average at 1344@ il and the result of the combined movement is, that SEHOLD 135 for bank Sterling 1321@133} for clear bills the rate on call generally up to six per cent. is Armoirs, Discounts also firmer on prime paper. We 131@131} for bill of lading bills 4.234@4.20f. for Tetes hear of the quotations below 7 per cent., with less Spring Chairs, Easy Chairs, Marble Top Center Tables bank Francs and 4.30@4.25f. for outdoor Francs. Marble Bru and to inquiry from buyers. French Plate Mirrors, Domestic Exchange-The movement under this e Important Decision-The New York Shipping etc., being the contents of several well furnished houses. head has disclosed no variation of any kind since d List gives the following account of the final deciour last that calls for special remark. Offerings large invoice of Cottage Beds, Cane and Wood Sea sion of the question of the taxation of National y of private and commercial though not heavy, -TERMS-Cash. th Bank Stock by the United States Supreme Court: appear to be ample for the demand, and the The Supreme Court of the United States has PEREMPTORY SALE OF THE YACHT HORTENSE AT inquiry at bank discloses a very material abatefinally decided the National Bank Stock question. ment. We, however, still nominally report rates BY MONTGOMERY & BBO, the case of Michael A. Nolan and others as the M. R. Auctioneer, follows, viz New York sight rus per cent. discount Board of Assessors for the city of Albany, defendLON Office -87 Camp street. ants in error, at the suit of Adam Van Allen, plainat bank, and 1@1 per cent. discount out-of-doors, H THURSDAY April 19 at 12 'clock, at the tiff in error, and other cases. The question prefive and ten days' sight @@ per cent. discount, Royal street, sented was whether the shares of the stockholders order and direction of rbridizo Esq., Ch fifteen to twenty days' 11@1}, thirty days' 1&@12, in the National Banks can be subjected to taxation Special Agent, Third Agency, Treasury Department, will Gi and sixty days' 2@21 per cent. discount. by State authorities. Associate Justice Nelson American yacht HORTENSE. in good running order, B delivered the opinion of the court, holding that Bank Notes and Securities is a very apparer and furniture. She seen the Lake the Railroad shares held by were not part of the active inquiry noticeable for the better classes of TERMS-Cash in S. Treasury notes. capital of bank, and must be regarded as perbank notes and securities, and the movement in sonal property of shareholders, and, such, subSUCCESSION OF SARAH SACKETT, DEC'D, WIFE OF W them has acquired an increased impetus since the ject to taxation by the State within the provisions H. Blakesly-No. 26,000-Household and Office Furniture, of the act of Congress but that the judgment of announcement of the passage by Congress of the Contents of Marble Yard, etc., at auction. the court below must be reversed, on the ground eivil rights bill. Offerings of the lower classes are that there was discrimination between the shares BY MONTGOMERY & REO., still quite heavy, and attract but little attention, of these banks and the capital stock of the State R. M. MONTGOMERY, Auctioneer rf banks. Chief Justice Chase read a minority while the better descriptions are eagerly sought Offic street. Camp opinion, not being able to concur that a State had for at steadily advancing prices. Sales since our the power claimed, which was an indirect mode of pril 18th at 10 'clock A M. last include $4000 Louisiana State Bank notes at taxing the national securities. which was not au Girod and Liberty virtue in 83c., and $2000, $7000 and $0000 Union Bank notes W thorized or intended to be authorized by Congress. Sec dated March 14, 1866, at 93cc. a dollar and the following securities, Report of the U. S. Revenue Assessor for the viz 533 shares Union Bank stock at 44, and 20 First District of Louisiana CONTENTS OF RESIDENCE Household FurniBed and 50 do. at 42 20 de. Bank of New Orleans UNITED STATES INTERNAL REVENUE, entire contents of Offices, Dist. Assessor's New 1866. Orleans, at 5 do. Hope Insurance Company at 45 April ARBLE Marble Monum 35 do. Jackson Railroad stock at 100 do. Canal Statement showing the of Internal Revenue Tax anufactures for the Plaster Casts. Head the 1865. and Bank, on private terms 10 and 3 shares City Rail1864 months Vaults eight Tombs in the License Tax not upon Street Cemetery. road Company on do.; 20 do. Bank of Louisiana, -Alsoby Palfrey & Co., at auction, at 94; 50 do. MeCow, Barouche, Hand Wagon articles July Tombs chanics' and Traders' Bank at 531; 30 do. Jackson the the other of with the Railroad Company's stock at 4: and two $500 as U. S. Treasury notes. Louisiana State bonds at 75c. $8 dollar $10,000 FURNITURE FURNITURE 155,888 439,361 city bonds to railroads changed hands at 83c., May 1866. Fine abogany and Walnut at Auction. coupons included. 150,054 BY & BRO. Cotton-After the heavy sales of Friday, the March R. 477,525 M. Auctioneer, movement fell off on Saturday and was restricted Camp street 4,409,383 $1,252,860.10 at FRIDAY, 13th to 2367 bales, without, however, any alteration in at o'clock, No. $4,409,383 41 Total in eleven months, ending March The $1,252,869 prices. The market was but poorly supplied of Ma fine from the opening to the close, and operations Excess in corresponding months ending March 31. Mutting, would doubtless have been heavier as the denotes. Treasury The Public Debt- The following is an official mand continued active, but for the absence of statement of the public debt on the 1st of April, SUCCESSION OF SARAH SACKETT, DECEASED several buyers, who were, as usual, occupied with 1866 of Horace 26,009. their regular correspondence and shipments at the One-fifth Interest Algier Dry Dock, and 9 Shares Debt bearing coin interest five per cent. close of the week. The ruling prices have been Dry Dock bonds, $198,241,100 six per cent. bonds of 1867-8, within the limits of our last quotations, which we B MONTGO 35 ER Y & BEO., six per cent. bonds of 1881 $183.R. M. repeat, as follows: Ordinary, 30@32c. good or 715,650 per cent. five-twenty bonds $679,956, 000; sum total, $1,180,236,341 80. Debt bearin dinary, 33@34c. ; low middling 35@36c., and midof 14th the day 12 interest at pril, SATURDAY, bonds currency dling, 38@39c. temporary loans, Sugar and Molasses There is no change to indebtedness $62,250,000; and two year five 03 dated 1866, $8,536,900 cent. refer to in the movement under this head. Sales three per notes, year compound interest $172,012.14 three year on Saturday were confined to a few hids. light Southern Dry Dock thirty notes, $817,014,000: sum total. $1,186,207. yellow clarified Louisiana Sugar at 16@16}c. P lb., Dry 011 36. Matured debt. not presented and a lot of old Sugar at public auction. 64. Debt bearing no interest -United Western Produce- Flour has slightly declined States notes. $422,749,252 fractional currency, DESIRABLE RESIDENCE ON ERATO, BETWEEN CA deposit, $9.66 owing to a considerable increase in the receipts, total, $460,490,864 total debt, $2,827. BY MONTGOMERY & BRO., Sales on Saturday, 1800 bbls. at prices ranging M. R. S2 amount in treasury-coin $62,069, from $5 50 for common to $11 a bbl. for good ex700 80. tra. Corn continues in fair supply and demand. 14, at 12 o'clock Amount of currency in the treasury, $69,077. COF 6S0 01. Total 81. Amount of debt, Sales since our last, 5000 sacks. Oats are offered Th less cash in the treasury, $2,705 01. OF GROUND, freely at a fractional reduction. Sales on Saturday, Foreign Markets The subjoined extracts are 2500 sacks. Bran has disclosed increased weakness from the latest circulars at hand by the transDir since our last, and we have to report only limited inches in Atlantic steamships: sales, the quotations of which, as well as the other E frauna dwelling [From R. A. Curd & Co.'s Liverpool Circular, March 15. articles enumerated above, will be found in our A large and general demand for Cotton has commercial article. again prevailed throughout the week, and although Bank Failures at the North In the case of A. Hero, Jr. notary public, at th there was slight pause on Monday and Tuesday, pense confidence has subsequently been fully restored. one of the suspended banks- that of the Petroleum GROCERIES, PROVISIONS AND LIQUORS and with the reduction of the bank rate to 6 per Bank of Titusville, -direct misrepresentation BY D. E. MORPHY. cent. this day, renewed firmness has been estabappears to have been resorted to to convey the 47 lished. with more or less advance in the leading TUESDAY, descriptions. 10 idea that it was a national bank, whereas it was 1866, at The transactions to arrive have been unusually not. The Herald of that town says that it had extensive the latest quotations were, this day never obtained a permit, notwithstanding the fact for American New Orleans, middling, ship named. that the sign Petroleum National Bank" was and mutual with lb., per 194d. Treasury Notes, balance rleston, on basis of middling, ship named 19t. conspicuously posted upon one side of the building. and 194.: Savannah basis of middling, ship That the solvency of some thirteen country banks HAMS HAMS HAMS named 194d. Mobile, middling at 193d. should have been dependent upon that of a single BY D. E. MORPHY, The sales of the week amount to 91,200 bales. Magazine street. private banking firm in New York argues a very including 16,310 on speculation, and 16,720 deTUESDAY April 10. at 10 o'clock A. M. unsound condition of the affairs of a considerable clared for export, leaving 58,260 bales to the trade. number of other local banks. If the business of plain Sugareured Hams, guaranteed sound. Friday Morning, 16th March The sales to-day these suspended institutions had been properly probably amount to about 5,000 bales, with WHISKY dearer market. conducted, Culver, Penn & Co.'s failure could WHISKY WHISKY hardly have seriously affected them: and the [From Boult, English & Brandon's Liverpool Circular, March BY D. E. MORPHY, 16th, fact that it did so goes to show that they were Magazine Cotton- The Europa's advices being considered more deeply involved in the fortunes of that house TUESDAY, April 10, 1866. at rather the demand fell off on Monday and Tuesday, but has since fully recovered. than in justice to their depositors they should have been. terda the bank rate reduced to six per cent. and the market closes very firmly at a general ad connection with this subject, the New York 200 AGES AND LOTS OF DRY GOODS AND vance of @ld. 19 tb. The sales for the week Herald, of the 2d inst., remarks as follows amount to 91,290 bales, of which the trade take stre The recent numerous bank failures in the oil 58,260 bales, exporters 16,720, and speculators BY JOHN C. BLOHM, regions, resulting from the suspension of Culver, 16,810. The stock is decreased this week by ille Penn & Co., in this city, serve to indicate the ex26,500 bales. being estimated at 340,250 bales pril 10, 1866, at 10 o'clock A T istence of a class of irresponsible banks through (197,230 American) against 572,110 bales (55,420 No out the country, suggestive of the wild American) same time last year. The authorized , 20 and lots of Foreign and Domestic Dry Goods establishments of former years, against which and quotations are for Middling Orleans 197d. To-day Fine Clothing " Long John Wentworth waged war so success the sales are 15,000 bales at dearer prices for as TERMS+ Liberal at sale. American. fully in Illinois. ATTENTION, COTTON PRESS MEN A popular idea has gone abroad that some how [From W.C. Watts & Co's Liverpool Circular of March 16.] W or other the liabilities of national banks are THE TYLER COTTON PRESS, WITH FIXTURES, ETC. In our last weekly report we referred to the guaranteed whereas only the circulation that for account of all concerned, and without steady increase in the consumption of American so to the extent of the bon deposited against reserve. Cotton. Last week 25,960 bales American were it. The deposits the banks in the perroleum retaken by the trade and 4184 Dales exported. making BY C. E. GIRARDEY & CO. zion that have just closed their doors 31,134 bales taken for consumption, against an NICHOLAS J. HOKY. unsecured under the national banking lawas they average of 27,823 the preceding six weeks. A Office, 17 No Exchange Place. had been in the hands of private individuals, and very large proportion of the American Cotton Between Canal and Customhouse streets. hence the credit of a national bank, as much as here is held under llmits above present prices, and that of a private firm. depends upon the character SATURDAY, April 14, at 12 o'clock M hence. notwithstanding the stock is estimeted of its individual proprietora and managers. 197,230 bales, buyers are finding it rather difficult March Returns of the U. S. Assay Office, N. Y. to execute their orders. particularly for the better PROPERTY The following is a statement of business at the grades. The stock at sea, however, large. 125,000 bales, large portion of which has been United States Assay Office at New York, for the 319 due here two or three weeks and kept back by month ending March 31, 1866 prevailing easterly winds. Hence, we any $1,160,000 Deposits of Gold expect large ports and increased supplies. $7,000 Porcisti billion The actual sales of the week closing even 100,000 capacity per season. United States bullion ing were .290 bales, of which 58,260 were taken 1,143,000 by the trade, 16,720 reported for export, and 00 $50,000 Deposits of Silver, including purchases 310 on speculation. Imports were again light, foreign billion say 43,063 bales. Estimated stock 340,250 bales in the three remainder United States bullion gold) 12,000 (a decrease of 26,500 on last week) against 572.110 bullion States bales last year a decrease of 231.860 bales. Re14,000 United States per ducing the Chinese piculs average bales, the 200.000 Total deposits- in bars Cotton now at sea for Great Britain shows an total 1,010,000 depositsto be the cess over last year of 2,000 bales, or 210,140 policy to to suit the convenience Total $1:210,000.00 bales more than decrease in stock as above. together with the internal revenue stamps Gold bars stamped $1,149,972 the purchasers, before S. Magner A BEAUTIFUL STORE. We called yesterday upon to United States Miat, Philadelphia, for 815,151 2 Messrs. Kreeger & Seligman, dry goods merchants, Return to Specie Payments-Under the above SUCCESSION OF H. J. RANNEY- 25,368-SECOND opposite the St. Elizabeth asylum, near Magazine District Court of New Orlean lifty eight Bales Cotton. heading the New York Tribune of the 2d inst. market, and were much struck with the taste they observes have displayed in arranging their store, and the BY C. E. & CO., European exchange is now so much in favor of beauty of the fixtures and stock, Few stores in NICHOLAS HOEY, Auctioneer the United States that would not
