New Orleans daily crescent., 1866-06-06
aal9 Orleans Daily Qtestent
nem @rleans StloneQ @arhet,


market to-day as advised by telegraph, viz Ne" ,
York June 5, 1880 A. NJ, Gold l43J IL A. NJ, w w
1445: Il:30 A. NJ, l44}; $3.50 P. NJ, lfo5-has -
been ll6J; p. Nj. l4GA. AS will be seen oy 1he l.
above tine New York market exhibits 1urthel -
advance to-day of nearly u cent The ehect ol :,
the intelligence from the North upon our MARIE. /,
has been general advance in rates oil
fully 56l6 f3 cent. since yesterday morhluS' =
with rather liberal movement all round, !,
"a NAV he inferred from the subJoined
statement Of the actual sales for the day, VIZ ,
sIO ooo Mt l42 $4,000 at 1927; $4,000, $4,000 and
sl2 COO at l43; $4,000 at 434 $4,000, s50OO, sloouy
and SIS 900 at ll3b $2OOO $4,000, $4,000 and $l5'OVO
atl4t. $4,000 and $4,000 at l444; $500 and Sl6'OoV
at 1A7, $1,000 $4,000, $4,000, $4,000 and s2oooo
ot 145. $4,000 al 1454 and $4,000 at l4j3. Oilers OF
lag were made and refused for round amounts,
after the usual hour for closing business sales Oh
Silver comprised $1,000 American halves al l1I,
and $1,000 do. halves and quarters, at l3l5 IN the
,or,,i,. and $1,000 halves late in the day at 1876;
1000 Mexican dollars at l44 and some slloll
amounts of doubloons at corresponding figures
TLo ming ouotations this evening l4530ll64
for Gold, l38m136 for American Silver coin, and
l46ai47 for Mexican dollars.
Foprray EycHAHGE-There has been general
advance in rates of foreign bills to-day at from a9
5s9 Cent, owing, perhaps exclusively, to the up
ward movement Of the gold market here and 70 the
advance of both gold and exchange at NeW orh'
Most Of tile leading drawers appeared to be lnas'
posed to SELL however, while the demand through
out was Of an unusually restricted character
The following include the whole Of the operations
for the day, viz $1,000 at lj4 and &f5O al 30 IN
Tie morning for Clear Bills, and $1,000, Bill OF
IaLng at Isl. Subsequently the sa4es ranged IN
follows. viz; goo, 5000 and G}-5O' bankers
sterIibr III l5s. 10000 do. at Ij6l05s4i t350D at
,+I F1t FyIlt
do. Al 11Oi-both so days; and $500 do. Sight at
ll2 tor cold. Sales Of Francs have been OF TOO
restricted character TO call for special notice,
and we now quote Bank Sterling 1909, Clear
Bills t53ml5G Bill Of Lading Bills ljO@l52 bans
Francs 3 40M- and outdoor Francs at 3.5Oag--.
Do,rrsTTr ExCHANGE-There is no alteration o.
any kind to refer to in the movement uhdef thi
head. Offerings Of private and commercial con
tinue exceedingly limited and the tendency OF IN
markets. steadily in favor Of buyers me deman
to-day at bank for checks over the counter wa
of al exceedingly restricted character ana "a
purchases by banks and bankers have been COZ
fined to the annexed amounts, VIZ slo'VJo Ne
York sight at per cent. premium, ana 9'o'Vy' %
bank sight at per cent. premium. Inc elosin
quotations are per cent. premium at bank, ana
m0-I6 per cent. premium out OF uoots loL r.
checks on the Northern cities
M salas of apv magnitude reported in the issu
Of the banks in liquidation since our last, al
sales Of Insurance scrip have been confined
s5Ogg Crescent scrip of 1861, at 75c. per dolls
while operations in securities have been limited
"a shares Jackson Railroad stock at H. and 50
City Railroad at ZOo en-.
HAZARDOUS BANKNG.-The statistics OF Bafhe'
Banking Company (limitedl are so starting u
they have actually q shocked ~ tine MasteL Ol
po{l official who NAV ne suppOSEu W ,
prettv familiar with folly and fraud in their wlu
W.. phases 1t appears that about . year ago Geit
parties trading as bankers at LiFerpool, uuaet
&. name of Barned L Co., took it into their hea
that il would be to their advantage To- sell u
interest in their business for tl5OVOoi any M
Messrs Barned & Co. knew exactly what Il
business was then worth, it is proDaple tley
not make a very bad bargain ,.t
Certain other parties who We're minded 70 !
mote a banking company dmitedl agreed 10
tIa alava.named sum for the business, ana ca
fonnd peeple to back them in the transachoh,
ia nossibe that both vendors and promoters !
have made good thing out OF the sale OF
ad;s Ran5 Ii is quite clear that the unlu
Shareholders have made a desperate bad thln
If, So recklessy did the managers Of the comp
nIunge into the deepest and most tu
waters of speculation, that within eleven mo
from the date on which 100000 was
for the banking business, it failed t9r 20,
O0O The managers and shareholders OIL the
now wish to be allowed to wind up the con
nrivatelv but the Bank of England IS cre'
for G3O6 900, and viii not hear Of that, so
master OF the rolls mas uIeCteu ~ w - -
comnulsorly, in order that the folly ana ltauC
which such an enormous financial disaster
been speedily brought aoont Il I may a." Sso"
record warning to future @ iools W. W. +ha q.e !
anxious to part WIN 'lefi f ,irtn3 nai iiabiiity
fit OF "pIom0Lye5ITiS c,aat4a U l'ir'''0
panes-LPaA Man 0a@es19
RECOVERING FROM THE PANIc'-Ihe Guy !"
of +be London Daily News of the 10th ult. say
Vi ~ IL, 4or7or,c, IN recover from the r.
v A aeclue:u :e teA4oDS9 ~ ~ shown, For the tim
pane eontlLFt1i l s H. w nrrent business of the m
great DUN 49, VI III To Ranl of England where tn
Is turned up9n pson,antIV snT yery heavy. This
manq was Cotssi sI o;y.sa Under existing Gil
Is quite lhe ma n".ui hanlS I" has inst been c0nst
ssap0Soi sta i 5jsnanser of the special funl
the soLe Q.sP5InS0L I Loyernment. in excess o
credit created ~ ~ So' fnnd the commercial
law, ana uPon n oynacted ypts to draw very large
munity may ne or fears are satisfied
til Their Ieq4LyLssnvs tIi sne hack as it did after
the money WIZ I9g iSis and ls57 Already a
days dels$i s H. ~ ,otos tos' which were withdrawn
number Oh TG ErjIay hUt0i have found their way
pane on En4S Ell1aS of those who were h0a
from tne nanGS ontiSo ~ circnlation in banking
tneIl a9L I4'o u nTobahle that many persons
ne1S neW nresstag ~ for accommodation at the