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95 Southern Steamship Company 75 Jackson Railroad 8 Ret. Mortgage Bonds In uncurrent bank notes there have been larger offerings during the week. Of some kinds triple and quadruple of any week of the season. Considerable sums of the issues of the banks of South Carolina and Georgia formed a share of the increase. From the manner in which many distant bank notes are offered, forces us to the conclusion that stipulations are entered into between parties, those who directly receive the notes, that they shall be circulated away from home-that is, distant from the place of issue. For instance, it is not many years since North Mississippi was considered a good place to put Carolina and Georgia money in circulation. It often is attempted at the present time. The notes are, however, sent to this market, sold to our brokers, who forward them to the place of redemption, demand New York funds, and very often entire packages, fresh as when issued, are presented at the counter without being opened. We observe that the great Metropolitan Bank of New York has started a paper on its account, denominated a Bank Note Reporter, which is edited in part by one of the tellers of the bank, though it is declared in the prospectus that the bank has no interest in the enterprise. That, however, is neither here nor there ; it certainly looks very queer for a bank teller to be co-partner in a Bank Note Reporter. This Bank Note Reporter professes to be very accurate in its quotations. There does not appear to be much accuracy in its statements, when it says, under the head of closed banks in Louisiana, which means New Orleans: " That the State Bank, Louisiana, is closed ; that the Planters' Bank, New Orleans, is broken; that the Western Bank, Rome, is closed ; that the Exchange and Commercial Bank of New Orleans is closed that the Exchange, New Orleans, is closed." For the information of the great Metropolitan Bank of New York, with its long array of stockholders, directors, president, cashier, tellers and editor, we have to state to them there were no such banks in Louisiana as the Exchange Bank of New Orleans. There was the St. Charles Hotel and Exchange Banking Company but it is doubtful if there were any of its notes in circulation, as it was liquidated 15 years ago. As for the Exchange and Commercial Bank of New Orleans, there is no record of any such corporation. As for the thing called Planters' Bank, there was a bank of that name, which failed in the year 1820, almost, but not quite, 40 years ago. There was the old Merchants' Bank, which closed in 1842, 17 years ago, which is entered as closed. As for the State Bank, we suggest that the banking and exchange firm at No. 31 Camp street, the resident partner of the firm, who is a director in the bank, should address Mr. Robert Sewell, one of the editors of the paper, and who is at the head of the firm of Sewell, Ferris & Co., exchange dealers, Wall street, and for which firm our Camp street friend acts occasionally as agent. We suggest that he address those editors, and relieve them of any doubts regarding the State Bank of Louisiana. The great Metropolitan Bank of New York appears, however, to encourage the assumption of the paper in question-that is, it enII dorses the prospectus, and as one of its prominent officers or tellers heads the paper, we hold this great mammoth dry-goods bank responsible. We have At observed, from time to time, that many of these Bank Reporters have kept a list of supposed defunct banks, but we have not met with any until the present publication, which quoted our State Bank as being closed. We also have to inform all editors, far to and near, that we have a bank in this city called the Merchants' Bank, which went into effect on the first of this month that its notes are just as good as M gold, and we suggest that hereafter they will not al confound it in their tables with the old defunct Merer. ef chants', of 17 years ago, which, by-the-bye, never 59 suspended specie payments during the memorable crisis of 1837 to 1840, and went into liquidation in 1842. If there are any of its notes in existence, we ve 3D, should like to look at them, as we have yet to learn that any of its bill-holders lost by it. There have been very few receipts of specie this week. Mexican dollars are in request at 105. American silver, of the new coinage, moves along quietly. ted The supply is free, and likely to continue so, though there will be none coined at the Mint for some time to come. There has been a slight variation in Spanish doubloons. 0., Land warrants have declined. The deliberate ly quibbling away of the public lands by Congress at LY tracts the attention of settlers who have no desire to all buy warrants at prices which will give them a homesh. stead for a mere nominal sum. This giving away the public domain is a kind of buncombe movement. He will make a poor settler and a miserable farmer who cannot by his labor accumulate forty dollars to invest Hub. in a land warrant, or one hundred dollars for eighty eet acres of good land. of We annex our usual weekly quotations of coin and en, fair uncurrent money, being the rates of John Wood, cor the ner Camp and Common streets B cent. premium 1@1½ American half Dollars, old coinage %@1 d'scoun American quarter Dollars, old coinagag. %@1 discoun American Silver, new coinage M47%@5 BE cent. premium Mexican Dollars. 91 4@6 cent. premium Spanish Pillar Dollars 94(a,95c Five Franc Pieces 80@4 Sovereigns. 1@2 cent. disc un California Coins 3 81@3 rk Twenty Franc Pieces 3 90@3 Ten Guilder Pieces 7 75(a)7 Ten Thaler Pieces $15 50@15 RT Mexican Doubloons $16 30@16 Spanish Doubloons firg 17@17 50 California Dust is nomins Notes
