comment on my prev question
normally I use static linkage
noinst_LIBRARIES = xxxxx.a
xxxxx_a_SOURCES = ... list of sources
The picocoin/lib/makefile.am uses LT and it iseems to install the binaries in .libs
Not worked much with the LIBTOOL as i mostly build static libs
lib_LTLIBRARIES..mmm time to break out the autotools book)