New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-07-19
MoRyrSa SESSION

81 had -,t+ q
AMERICAN SECUR1TrEs.-In reference to the mar
ket for American securities, Messrs. Satterthwaite
& Co. thus report:
The London market for American securities has,
since our last, been subject to some considerable
fluctuations. Toward the close Of last week, on
the anticipation that adyices from New York would
report a further decline in gold, prices were wen
maintained, and United States 80 bonds were
freely taken up to G6 but on the arrival Of the
Nova Scotian yesterday, with the unexpected III
telIigence of advance of Is u cent in the pre-
MUM Of gold, quotations gave way quite j e
cent. but from this point have rallied to 643t46l4
the settlement Of the account developing short
supply of stock.
BANK or FgAEcE-The weekly returns of the
Bank Of France show a further increase in the
cash on hand Of 22,20O, 600 francs.
NEW YORK MARKET. The latest Commercial
Advertiser remarks as follows
Money is moderately active, owing to the pre-
vailing speculation in stocks. The rate for call
loans is firm at 81 cent some lenders ask u
cent. Discounts are quiet at 55dD7 ~ cent. for
prime names. The anticipation Of the redemp-
ton of a large amount of one year ceruhcates on
the 10th, aud the payment of the July coupons on
seven-thiTlies, check the tendency toward higher
rate.
Among firms connected with the European in
terest the feeling produced by the PeTsias mail Is
not satisfactory. London adyices, while reporting
that settlements Of bills are generally made salts
factoriy yet represent an unsettled feeling as still
prevailing, and less general recovery than was
Letters from the Continent while reporting the
money markets as easier, yet speak OF new
source o. nhahel distu ~ Iens MA tslSe
nIay ~ ,oi "tgl -
Exchange has been firm since the arrival of the
Persia. There is a decided scarcity OF CONNER
cial bills, and the bankers have consequently ad-
vanGed their rates. some OF me Ieaalng uFa@efs
quote sixty-day sterling at IO95 others reiuse 10
Z draw at that rate, While remltters generally de-
cline to pay over 1924.
The Chicago Tribune, of Tuesday, remarks:
Ttarot Voc n rnod ennnlv of currencv at the
ror;atg boni,inr 9honsns +n.Hav and the money
aret gaa On aiar INF H Il still comfortably close
to borrowers. and none bat frst.class depositor:
evtenS their disconnt lines The rate il steady
at IN ner cent ner annum hut inferior paper i
olSGopn'eu u 'pe - i'yl2 pe' e'l''
Entl,,c,y M .1pprs Tho persia,s malls bavinc
V''.'l'+, - - ~, I7. .5is !
colhe 70 nahu, NC navy Auss A1u' u,iSo'
the lat inst, from which we extract as iolioWs:
BANK OF ENGLAND RETURNs.-The return give
the following results when compared with tn
nrpyious week
Rest........... 93 1924 Increase. 629 II
Public dep9sits 95 Isl Increase 9 9a} "
o'aef uepoSi'a -. 80 - t
On the othef slHe OF sne account cooo M
Government securities Ss a5a ~ "
Notes unemployed. 4Si6545 Increase 279 %
The amount of notes in circulation is f24 1923
oo0 beinr a decrease of e2s2 500 and the stoc
IF bnIiiGn in both DEPARTMENTS ia fl6 O42 400
bnHino an increase Of flg1 270 when comnare
Sitb the nrecedpr statement.
"iIn w 81 ~ Eno,iond contror, 10 ronoro1 a,
Inc Bans oi Ensianu' o0n'l Any " eoneial "a
pectaton, determined at the weekly board
directors not to reduce the rate of interest. Upo
t,is course +be nailv News remarks.
'"I9 Vo",'o In. 4iro siroo ar,, ,onifos+otor
is long sF f t Ia9T of he RAM
POhey On Ihe pa W w n'i $500 "a o 'a - ~
England mas produced 80 hVrong as sheCs wv Ky
the financial ana srg ta as qua
oceasonea toasy Wy 'ne roro9,ncs5 +andeSc
fecognae Iae seo aRd To rance their rate of dir
the money lnathFS anu ho Ii 6;b So b
count Apart rom Ce mitY sas If ~
gwen 10 Ef tbe cTad Of be co9v IS owere