New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-01-05
Neb Orleans 1aIlp Cresfenf.
THURSDAY MORNING JANUARY i, 1870.
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"Wednesday Evsuins, JaH 4 is80
There was nothing Of an exciting nature trans-
PRED to-day. There was IN Immense ansonnt 81
money changed hands. and large sams were paid
into the banks Az The close 81 banking hours
thsre VA rot dollar Of discounted paper Win D
majority Y the banks nnpaid There we're several
country notes II almost iii The banks made nav.
able here, which Nere hot provided for, But take
everything ~ y ~ the paynenss hi die DIV have
been promptly met II anything otherwise trans
PRED, we should have been III posse N III 4.
formation; though with nearly i've juiIlsoas n
dollars Of paper maturing to-day, ii wouia nos
occasion any surprise II there were some rev ID.
faults; but there was no evidence Oh press When
We took our usual circuit. In fact, everything ap.
peared To Be moving On highly satisfactory
n the general money market there was very
little doing to-day There may have been few
calls Of the following nature Have you anything
over to-daysa Or, !" would You like 10 discount
some good acceptances to-day2n II was manifest,
however, that the views Of old fogyism have been
rampant for some days; that IL, look ahead and
prepare In time don't wait for the last hour And
the suggestions we threw ont two days since were
listened to, and the large and expected crowds
around the bank counters were ebviated. Though
II must be confessed there was something of press
ut some of the banks US we observed the President
Of one Of The prominent ones lending i hand per
sonally to facilitate deposts and payments BY act
ing as receiving teller Az we said Id our last, The
Faxrr IA aHa
y. zoo, 900 There we're other payments made te
private bankers, which would swell The amount.
In fact to-day has been the heaviest day Of pay
ments recorded id the annals Of our city.
There was something 81 d better feeling svinced
to-day IN some kinds of exchange, with the excep-
ton Of sterling, which received something oil u
blow from the telegraph dispatches Of yesterday 4
date from New York, quoting commercial sterling
at 1854 In that market This seemed TO Be knock
down. and forced large dealers to withdraw, unless
| at reduction. The banks were not buying to-day,
| or, rather, not making any new engagements
There were sales outside of document bills, good
drawers and dFawees, at I0sDI0es, making tx
treme rates from @I06A and clear bills at from
/ I07, I0T3@l0Ts. There were two or three engage
ments al l07s@107a. In Francs there was mort
frnness observed in the general rates. with salei
at 5+364 outside ports, also sales at .s2s, $50
and round sum at 5.2sa, making extreme rate
4 from 5.3s775 to 5.26I. New York or Northern fund
had some firmness to-day. The counter rate fol
checks at the banks was steady at dis. Outside
the rates ranged from |. al 1I4 dis. Round sums
at one day sight, without grace, were taken a
| ! s-16@iI dis. ~ sixty days sight, We note saies
at 2a@2a dis, down to 3Ds4 dis, without any gen
erai anxiety evineed to force sales in fact there
was an improved feeling in good and first class
| bills to-day Perhaps It may last through to-mor
row; but there will not be much real improve
ment for some days. There is very little coir
ordered from New York, and still less from Eng
land. The impression il, when Manchester spinners
and Liverpool spectators and importers send golt
hither to be invested in cotton direct we shall heal
| Of it.
| The demand for Northern funds for Western ae
count il still free, and possibly good share Of Til
collection notes paid in to-day at the several bank
| will have some influence on the general market.
| The following sums are now to be paid out b.