New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-16
Neu Orleans Alontv Mlarkst.
CRESCENT or.,cE, No. "a!

| CRESCENT orYIcE, No. 10 Camp street, 1
Friday Evening, July Is, 1859.
The general money market continues easy The offerings In
bank for discount fair the managers say be
Interpreted that they have much paper offered they
On the street there have been negotiations within past
days 81 the rate OF c for paper maturing next spring
good second grades there negotiations ct the
Of 0i2 % end real tonsoria transactions have been
performed at the rate Of lt1s "A get per
There is very little money taken at the 2o24
CT but second class mortgages have been negotiated for
at the rate of Is c is unnecessary make up table Of
quotations. those DESTROYS raising money for legitimate
purposes will not fnd any difficulty.
The Exchange market along quietly The counter
rate checks New York is steady get prem Out.
side the rates range from A@; sixty days 14lH dir
There however, sales Of round sixty days
e days sight at Il prem foreign there have
been transactions 09 for document bills and
for clear Sterling In francs there have been sales at
12s@5ll, which indicates ftmness based on what it
would bs difficult ssy for if the general position saw
mercis finance political and social Of the French Empire is
taken into consideration it more critical that is
since the year 1875 The basis Of exchange however free
for the Large transactions In tobacco for Spanish ac
count have been within the past three days
which will throw the mket fully hundred thousand
dollss in exchange either New elsewhere does
not make much difference on what poat is made long
the makers and the weed being an article at this
time as much in demand satpetre gunpowder in fact
the bellgeens in Europe could fight without gun
powder than tobacco In the meantime for the prices attend
the sae we refer to another column province being
denote and quote the part OF trade and
Tho movements in stocks for this week been very
limited Some shares Of Opelousas Railroad have changed
hands Ons hundred shares of Bank of New Orleans under
barter trade also $50 shares Southern Oil Company par
30 shares at the This Company will be remembered
paid dividend Of Get the FIRST Of last month"; and from
all appearances may be placed the 10 Tc list Bank
shares offered the market with the least freedom
All banks have done far better than expected and the
Bears well into quarters if they find
cool place. for they have been if not actually conec driven
to pasture. &4 F& {@ 77G "
In money there has been good business done this
weekhat is for the Of the year has
taken place in kinds Of bank issues American silver coin
has declined and the highest offers by dealers are es
Mexican dollars have declined The receipts the week of
silver and bullion have teen s165 ss Mexican dollars
were sold at 105A large in dollars expected by
the Tennessee from Vera Cruz These dollars have been ex
peced for SO long time that begin think fresh diff
cues have arisen against the expectation fran Cruz
The steamer past DUE provided dollars we're on hand at
the lime Of shipment
There has been Improvement in land warrants The
sales for the week amounting however, only about
The aucuaion in exchange has caused some variation in
ths issues Of distant banks will appear By table Of auo
taons viz the rates John Wood Co., corner of Camp and
(ynn,uo streafs