New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-04-14
Netu OrIealts lailp Grsstert.
FINANCIAL AND COMMERCIAL Department.
Dsn @rlsans 1Ilonsu Hlarhst.

caxscxrI 0yYI1E, No. 10 Camp street.. |
Friday Evening, April IS 1850. |
The tenor of the general Money market to-day |
was towards ease and quietness. "A quasi holiday |
yesterday, but not real holiday in most respects,
may have caused the general quietneas which was
observable on the street and at the banks to-day.
Some Of the banks were considerably above line,
and in position to discount freely and which they
are prepared to do in all business paper But kites
and speculation are discarded. IT viii not answer
at all for our bank mandators to encourage specn-
iative proclyities. Moreover, the European intel
ligence by the Persia from Liverpool Is ominous-
the ruler Of France (the Nephew Of my Uncle) can
unsettle great and important positions; in fact his
nod appears to be the polar star, and though moth
ing direct has come to hand TO create immediate
alarm, yet the intelligence from Europe Is Of ex-
ceeding great interest at this moment, though it
cannot have any great influence on the general
money market.
AS regards the paper market to-day In general,
there were transactions in factors paper, AL,
highest grade maturing next spring, by one party
800 900, at the rate Of get; other good signatures
Of divers parties at the rate Of 9s@l0 and II Get,
and some at ID get. There were also the usual
tonsorial transactions at from 15@1s and "a get.
The tonsors say they are not making expenses, and
in some degree complain that the clippings at the
rates Of 20024 and 80 get. are not 90 plenty as
last week, yet they are doing as well as could be
expected. There was to-day, and there has been
for some days past, very little doing in mortgage
paper neither In first, second or third class, and
we can only reiterate, that money Ia available on
good securities, whether they are payable in New
York, Philadelphia, on the Florida reefs, Pass
aLoutre or at the respective counters of the twelve
banks In our city.
The Exchange market was very quiet to-day. II
was manifest early in the day that for grades
buyers had the track, particularly for large sums.
The counter rate at the banks for checks on New
York was uniform and steady at an ath premium.
Double Al sight drafts outside were sold with free
dom at parrot discount, and it is reasonable to
conclude they were taken under the same feeling.
In short sight we have to quote ten days sight at
2@i discount; thirty days sight 2@l oct. dis
count. Choice sixty days sight the amount Of
$70OO0-was taken at II dis, and other good bills
at from la0l4 and IL dis. In Foreign there was
very little done to-day. The market opened fiat,
continued iattening, and closed fatter; in fine,
there was nothing fattering here nor there. Clear
bills, dealers rate, ruled at from l073@l0S and
1881. Remittance rates ranged from 1os@Iosi U
ct. Document Bills Of Lading were not plenty.
There are buyers at lO7@lo7s and 1919.
In French Exchange the demand was dull and
quiet rather too much 50 for the supposed amount
required to be RENTED to Paris at this season of
the year for the benefit of the quondam citizens Of
the Crescent City. We quote commercial bills in
francs 5.25@522l and 5.2ll on Paris direct; 5.22a
@5.l7a and 5ls4 for remittance.
Beyond the reported sales of Gas Light Company,
we have very little to aay on the general Share and
| Bond market. The sales Of Gas Light are reported
to be $40 shares at high figure, say l95 per share
Of 500 paid 100 shares Canal bank were sold to-
day within the range Of sl95; 100 shares Levee
Steam Cotton Press at l60-a further advance. We
have no material change to note in other stocks
| and bonds.
The following figures are the prices OF the yari
| GUS stocks and bonds now on the market: