New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-08-20
W Orleans Sally Crescent,
MONDAY MORNING. AUGUST %, 1856.
llr g9rleans gElone1 SflarAgl.
csrsesSg afy ca, no. ~ CANr sgRrEg,
Saturday Evening, August IS, 1865.

tae downward tendency OF the New ofk market,
Operations in Gold have proved Improbable to
some Of our friends, who reposed too much con-
fdence in quotations from New York. The sales
to-3ag comprised $4,000 at l4aA $1,000, $4,000,
s500e and 5000 at Sl4s; $4,000, $4,000 $1,000 and
$4,000 at l473; $4,000, $1,000, $4,000 and sl2,OVO
at1473; $4,000 at 1474; $1,000 ~ and S3oOV
mixed Gold at LAG. Sales Of Silver included lew
hundred dollars Of American Halves ana some
swall lots of Mexican Dollars, within the range OF
our revised quotations which now rule as follows
viz: Gold at l465GI47f, and Silver at lSB0ISS for
american Coin, and l49@1l50 for Mexican Dollars.
FoREIev ExcHANGE- Transactions in both Ster
ling and Francs have been very light to-day, and
rates hare gone still lower, owing to the down
ward tendency Of prices at New York, and to the
heavy decline in Gold. The market was fairly
dough not heavily supplied throughout, and the
demand could not have been reported better than
nominal at any time, from the opening to the
close Of business. The only sales that have been
reported in an authentic form were $4,000 Bank
Sterling at 1854 for Gold; $4,000 Clear Sterling
ail by one party, at l55 for currency 1900 Pri
yate Francs at s615.55, and IS 900 Commercial do.
III two lots at s.62A. The ruling figures this eve
ming are l5St1l6O for Bank Sterling, l53@l55 for
Clear Bills, 3.551s50 for Bank Francs, and $3.50
$50 for ourdoor Francs.
DOMESTIC EXCHANGE There is no alteration Of
any kind to refer to in the movement Of Domestic
Exchange. Offerings Of private and commercial
are only moderate, while the demand at Bank for
remittance purposes is still quite restricted, The
purchases BY Bank and Bankers to-day included
only s5e00 $4,000 and $t5 900 New York Sight at
6 10 cent discount, and So ,0o0 and $4,000 do. at
J " cent discount. we continue to quote TOT ~
cent. discount at Bank, aud 2@3 ~ cent. discount
out Of doors, for Sight Checks on the Northern
cities.
UNeuRRENT NorEs AND SECURITIES move
1nent id The former to-day has been confined to
$1,000 o. s. sevea-thirties at 1889 and interest and
SD 500 DO. at i04 and interest Sales of the latter
include the following, sofa II auction, by ]. b.
Waltpn& Desonde, viz l64 shares Merchants
Bank at 261 82B3, a7s shares of jackson Railroad'
Company atss@sA $4,000 City Bond to Rail
roads, with May and November coupons attached
at S43.
Brokers BoARD.-There was no business trans
acted at the Brokers Board to-day, and of course
we haye M sales to refer to for that institution.
a CHATTER on COUNTERFEIT MoNET-Ho1 to-
Detect It.--There is one subject OF more than
nsualimpe rtanee to every community and citizen
af which little i really known and that is the art
Of detecting counterfeit money. Most people do l
not know how to 20 about it, aRa hence never
learu; and some persons suppose that sby eEamin
ing counterfeit money only can they be able to \
aeteet the difference between good ana bad money, II
This is partially mistake; if Is by examining 4
genuine money carefully when we handle it that 4
&c are enabled to detect the difference betweenl
sanaiae and counterfeit The diFfsrence Between
le two is 50 obvious, that II requires but veryit
tie study and attention on the part Of every in
lFidaal to readily detect the difference.
The great feature in a genuine bill is the per-
r1f4 oil
Sc counterfeit it is just the reverse. Take the.l
eaane bill, the paper is good, ink of rich backl
or, eAgrayihgs Inc, Ftgnettes stand out in bold
relief figures look natural as life and the general
9 peagance sprepo assessing. Thenlook at the eouu-
cit, paper hnlsy OF too thick, ink blurred and
es eagrayings poor; look at the eye Of the
aette-there is no eypresson,lan the appear
Of the bill is againstit. The reason why the
s4Aknote company can produce bill with finer
i md engravings Is because they have the'l
ifttn They employ none but the best artists, /
I'll It requires some eight to ten men to execute
fifish a bill; every one OF whom has distinct 1
q assigned to him III which lie has arrived
: 9st to perfection, audto which he has devoted
his time and attention, while the counter |
ar who has not the means nor resources to
ii aete with the Bank Note Company, has one |
wo eDgravers employed on the whole bill, and |
4 naturally lacks the faish Of a good note.
fFs VIII take five dollar gTeenback to explain |
4 selves more clearly: Look at the right hand
ner there stands the Goddess of Liberty in full |
HAuth is well formed the nose and general APP I
aarance Of the face is correct, also the whole /
IRE looks like thing q life.a The shading in /
~ background Is composed Of parallel lines |
dE at them closely and SEP how exact and even |
y are. They do not vary hundredth part of an I
Zone il as far apart as the other. The ooun.
ggeiter cannot initiate these lines with success. /
GaE are the same on every bill no matter where /
4,aeg may be, and It is one Of the tests Lock at
THE llopwork in the upper left hand corner in |
gdiel is inclosed figure tive it is composed of
mass Of finely formed loops, in exact proportions;
le the outside loop and You will find that it does
TUtvary any whatever around the whole circle |
and sd on through the whole mass. In the gem
lne the loops are formed of lines finely drawn in
the counterfeit they are nothing but dots resemt
bling lines.
Oh close inspection the cheat will be inimed
sately discovered. The Bank Note Company has
machine BY which these loops are formed, while
the connterfeiter executes them by hand. This is
principal test, and should be closely observed.
Look at the medallion on the right hand corner;
the eyes are life-ike nose and mouth well formed
face complete, hair looks natural also the rest Of
the body shading same as described in the yign-
Htte. The back part of the bill IS formed of loops
same as described aboye-iines aud not dots. |
Take the rest oil the bill and It compares equally !
with other ports in perfection. II you study this
five dollar bill closely noting yignettet loop work,
medallion and general appearance, and procure q |
counterfeit 81 any determination Of greenbaeks
(the new issue ffty-oent counterfeit gFeenback |
will dol you will readily detect the difference, and
with little attention will be able TO detect any |
counterfeit 81 glance.-L Memphis Argus.
new YoRK GsLD MARKET.-The World, Of d /
recent date, has the following under the above
heading
The decline from the opening price was due to |
two causes, one OF which was that large orders |
mad arrived here from Europe to buy 5s20is, and
The other that certain parties hi this city largely
" short q gold, had sent on an urgent request
% Mr. Mct1nlloch to sell portion Of his coin re.
Eerye With respect 70 the first mentioned, it is
only necessary to remark that there has been very
little demand from foreign bankers during the
last three days for bonds, which is significant of
limited orders from abroad. Moreover we have
yet to learn the effect Of the large shipments az
bonds from this side influenced by the prosnect
Of higher quotations for American securities in
London. While, as concerns the second II Il
hardly necessary to say that we have had enourh
OF treasury gold sales through relative Of he
secretary, and that ii the latter d ill.adyised
enough TO make any more such sales the omega
OF his public career will have arrived.
NOT only the financial and commercial eommu-
nifty but the people at large, have formed very
decided opinion upon that subject and it has been
source OF considerable public disappointment
that the committee appointed by Congress to in
Yestigate the late treasury gold scandal failed to
make its report before the adjournment end il
is queried whether there vas not some collision
between the committee and the treasury depart
ment, or parties immediately interested, in pre-
venting the investigation called for from takins
place. Il is the proper policy Of the treasury t
leave the price Of gold to be regulated by ths