Washington telegraph., 1865-08-16

FROM NEw ORLEASs.-Thraugh the kind
ness Of several friends, we have received during
the last ten days valuable files of Northern pa
pers, which have been quite useful in posting
US up to the present condition of affairs in the
North.
Amongst Others we have, through the cour-
tesy of Major Tracy. New Orleans papers as
late as the 4th inst. The following are she re-
cent quotations of Cotton and Gold
New York, July 3lst--Cotton quiet and firm.
Middling, 4sc; Gold heavy at Ii4.
The monetary article of the \ 0. Times,
July 3lst, says:
With the exception Of decline in Sold there
was no marked change in the course of bus-
ness. A deviation OF one cent or two cents in
the price of cotton does not affect the general
market under the present value Of the staple.
When dealers are moving, two or three or five
per cent. does not stand i'll the way with cotton
ruling at from 4O to 45c, with prospects OF short
supply. We have, therefor, TO remark that the
cotton market is strong. and as they say in Liv-
erpool in very healthy state .. .'l..-.-
The Gold market opened with downward
tendency this morning. Sales early in the dav
were made at 1900 1904 up 10 Isl, under the
belief that several shipments are on the way
hither, and on telegraphic aivic-s Mp to Satur-
were altogether otiish views The advance in
New York to l4Ss was bas ID on some sensation
dispatches received from Cairo-a great place
for reliable financial and commercial ana COM
mercial intelligence. The most important
transactions to-day were sic, 900 at 1i91; 5000
at I493, and divers sums from 15010l51t. The
closing quotations were placed at 1494 Q ] so and
15li, which are something Of a decline from
last Fridays closing rates. Silver moved qni-
city. American halves ana quarters ruled from
l4iAG142 to 142i, and declsing.
The Exchange market continues under full
supply. The outside transactions embrace
3 10, 900 sight on New York at per cent. dis
days sight at q discount, other sums of sight
at IL TO 2 discount sIO,VU0 five days sight at
2i discount Th-Tc were sales of Sterling
within the range Of quotations. The counter
| rates for checks az New York were liGls dis
count, and II for cJand srms-
Cott0n.-With 3 slight Improvement reported
at New York. and the receipt of the correspon-
dence By the St amer the market opened this
morning with a more active demand. and the
supply being ample, the sales summed up fully
$500 bales, including upwards of 900 bales to
one party. and $50, 6eo, 425 4no, 100. 110. $50,
90, and smaller arneunts to others Early in
the day, prices, although buoyznt, were with
out any quotab- change, but As the movement
proceeded, holders advanced their pretensons,
and the closing raies showed an Improvement
Of 203c, th4 rise being greatest in the better
qualities " r,w quote ordinary at 31Q34c,
coed ordinary at 35937c. low middling at 3s6
Ale, and r1ildlng at "a q 45c. Some authorities
deny that low nidd.ing can be bought for s9c.
The Picayunc o: the lst represents the fac
tors still more stringent in their pretensions,
and modihes quotations of Cotton rs follows:
Ordinary, 1923! cts. good ordinary, 3533ac;
low niddling. 40G i2c; and middling. 44G45
Stock on hand and on shipbosrd, 59,5O5 bales
Gold, this day, with downward tendency
closed a: I49 TO l49a --
The late cotton quotations sref from the Times
Office Of the 81, as follows:
COnoa-We have again to notice dull and
dropping markat. with sales Of only 600 bales
taken by six buyers. at still EASIER prices, the
market closing at 3oG32c for rrdinafy 35d BE
for good ordinary, $50 so fur i-w middlings
and 4@a .4c for mddiihg. This shows fur
;her falling off since yesterday. The weeks
sales sum up $500 bales against 5000 last week
Weeks receipts, % 500
We give the money article Of iha Times at
length, which will be useful for reference until
next adyices: