New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-02-27
Sqlu Orleans 1ailp Grestent,
9em Orleans Wlonep Mlarket.


GOLD opened heavily this morning at Saturdays ,io,;pp
rates, AND with light sales for the day The market
would have proo@hy continued to rule at former figures
receipt Of ambiguous contradictory advices from
New York. which poured in from 10A p M and com.
pletely unsettled the market. The movement E was of
very restricted character. and the sales SO far as
they appeared to be worthy of notice. are comprised In the
acknowledgements viz s2O00 5000 and 5000 at 1885, s2O
and S27oo, at lS5 Sl2 0OOa 1351s@l354 $780, 5000
$1,000 5000 and $4,000, at 1884, including gold check ON
New York for s5eO $1,000 at 5000 and 5000 at
1854 and $4,000 sight gold check New York OF Il ~ cent
premium The lowest figures the above statement were &C
cepted after the New York reports had gained
circulation, but a considerable number of hold.
refused to sell and doubted the accuracy of
the reported decline whilst banker that the tele
graph operator who had sent out the press dispatches
the New York quotation acknowledge him that an
and should have been 1877 This certainly very ser
matter heavy sacrifices must have been made
the latter be the figures and of course the subject
receive due attention. We have heard of sales any
portance in Silver and would quote Gold nominal 1850
1854 and Silver at i@l33 for American coin and l39l36 for
Mexican dollars.
FOREIGN EXCHANGE-The supply of sterling and francs
has very heavy to-day but the demand inactive
throughout, and uniformly restricted to few buyers
Rates the morning were exceedingly firm, but as
the day advanced, and reports Of movements in the
New York market TO hand prices fell off con
Bderabiy, the market closed dull and dropping at
the subjontd quotations. viz Bank sterling l47al43
clear bills l464 bill of adng bills 144l45 bank francs
3sliE @3 s524S and outdoor francs 3875t@3 9OE The
moveut for the day has been confined to the following
limited amounts viz $4,000 at 46@461l $500 fiolD and
5000 at 14G 9l2o at l45 s7o0 450 1900 e5oOo at
I45k, $500 5000 at il and E20 for gold 1881
Sales of francs restricted to s50o0, and 00NDO
3.G1zf and 0,o00., in three lots, at 3.83}4f q
DOMESTIC EXCHANGE-The movement in Domestic
Exchange has been of very restricted character our
last and the market though not quotaby lower de-
cidedly weaker than Saturday. Offerings showed no
marked increase at time, and the banks continued
check the Irregular figures heretofore five them
h p cent discount, at 1S93l6 y discount one
par, and the others at various rates, suit the
demand. The purchasers of private and commercial
were confined to $4,000, $4,000 and $4,000 sight
New York at GIG D discount: $4,000 and
$4,000 al n y cent discount and $20 900 and $1,000 at
u q cent discount S25 900 three days X q cent
discount, SloNOol5 days q q cent. discount and
$1,000 10 days at u cent discount We still quote
New York sight at par@15 and p discount bank
and 2aG q ct discount of doors 5@0 days sight 9l
~ cent discount Is to 20 days S@4 p discount 80
days * y cent discount, and 60 days y discount
STOCKS AND BONDS-Thc in securities still
continues reported in several previous articles Offerings
OF descriptions request very light and prices are
rapidly advancing while all other classes continue
neglected irregular and declining figures The
only transactions worthy Of notice that have transped
were 90 City Railroad Company at 1881
Is 50 and 80 do at 1885, 50 do Bank of America lis
do. at 49,. |
UNCURRENT BANK NOTES.-The movement in the
notes Of the banks in liquidation has last
ed to the issues Of the Bank Of Louisiana Lous
State Bank both of which have been request
throughout owing to the fact that several debtors the
banks named have been making arrangements their
obligations Rates still tend upward and the suboned
for the day show still further improvement, 5000
Bank of Louisiana at 55ac f2O Louisiana at
75ac 5000 do at 76c and $3.50 Union Bank per dollar
We quote Union Bank, Bank Orleans, Cres
cent City Bank $685. Merchants Bank 932c
sana State Bank at 2976c and Bank of Louisiana at $50
j)C. dollar,