New Orleans daily crescent., 1859-11-12

Ne6 Orlsans 1ailp Crescent,
= = - - 5s1sSs9eesss>,
SATURDAY MORNING, NOVEMBER 12 1853
1e@ @rleans Alontv Ylatket.
CRESCENT OzFTcg, No. 10 Carnn ..ree.

Friday Evening Nov. ii, Iss9
The applications for discount at most Of the
banks are increasing. This may be one Of the con-
tlngencies of trade; yet, with the very large re-
ceipts Of the basis of our commerce, it would be
supposed there might be in the aggregate large
increase Of money or available resources. Some
folks have thought that money might be had
merely for the asking, without the appliances of
the customary securities. There have been larger
oher,ngs through discount brokers this week than
ior some weeks, perhaps for months past. There
mas not, however, been any real hardening in rates
only on short loans which cannot now be nepo
tiated below Get. The banks in the aggregate
discount all business paper maturing inside of 90
Gays. Some Of them, however, do not 20 bevond
6o days. with now and then an exception of to &
mohths on good and favorite signatures, Among
the transactions to-day we note the sales of sa1 OO
long dated paper at the rate Of Vet s4O.00O
maturing in November and December dss0l at the
same rate; also, other transactions on good secnr
ties maturing in January and February nsG1, at
the same figure, get. In second and third class
securities there have been the usual weekly trans
actions. Some Of them may be quoted as on the
tonsorial order, say from 12@l5 and IS act. with
occasional transactions at the old figure gct. u
month. There are discounts or perhaps shaving
gong on in all money marts at these figures
heser'heiess, parties who have any securities or
paper OF the least pretensions can realize at usnal
rates. Ihough there is any regular business
sha' can be sustained by paying over u pct, y
Ior money we should be glad to have it pointed out
ihe Exchange market continues under full SUD-
ply. There were offerings of every grade and kind
to-day But one of our prominent banks being
below line, there was no inclination to purchase
largely even sight drafts on New York at from
@3 dis. The counter rate for checks was steady
at dis. There were, however, sales, say $75 OO0
at dis, and further amount at ll.ls dis Out
side there were several transactions within the
range OF and dis. double Al being freely taken
81 . yet. dis In short sights there were sales of
nve and ten days at dis, and round sum ON
New 1ork direct, at thirty days sight-with bill of
iading attended-was taken at 1t dis. Sixty day
olis ranged broadly, dragged, as it were, heavily.
and closed as fiat as the most roaring Bear could
deslre say for choice to good bills ls0I3. and
get dis, good to fair 2, u and "a get. dis. ster
ling supply free, with dealers taking all thew
wanted at l0s} and 109, even some grades at 1Oss
Remittance rates rule from 1004@lo93, with the
banks, which may be drawing, holding at a higher
rate. There were very few Document bills on the |
market to-day, and not having heard of any trans
actions, we have only to continue our last figures
say l08, lOs4@lOs4.
There was no change in Francs; we quote on
Paris direct, 5.223@5lsl and outside ports at
5.264@52l{ and $40, payable in Paris.
There have been several sales Of stocks this
week In addition to those enumerated during the
week. we have to note to-day, $50 shares Crescent
City Bank at lO3; lis shares Bank of New Orleans
at lo4, 40 shares at the same; shares of Louisi.
ana State Bank on private conditions also. ITO
shares Bank of New Orleans; l27 shares Mechan.
les and Traders; so shares Crescent City Bank
20 shares Of Gas Light Company on P. T. The
prices and the market for all bank shares. State
and City Bonds are advancing.
We quote as follows, part being last sales and