New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-29
9qlp Orleans 9ailg Qrcstent,
4qu Orleans 8lunep SfIarRet.


Monday Evening, May rs, 1866,
The feature Of the market to-day has been q me-
decline of about - cent in rates of Gold, and
of fully % cent. in quotations of Foreign Elk
change. The Gold market opened moderately
firm, at Saturdays closing figures, 13sI0l30 but
after sales of small lots at these figures, il
gradually receded, under favorable adyiees from
New York, to 1856, and afterwards improved under
a reported reaction in the Northern market with
sales toward the close Of business at fully s cent
above the lowest point reached. The market was
amply supplied throughout, and despite the CON
slant fluctuations, fair amount of business trans
PRED as will be on reference to the subjoined
statement, which includes the whole of the opera
lions for the day in the order in which they have
been effected, viz: In the morning-$500O at 1879;
$4,000 small and s11 900 large gold at 1881; $4,000,
$4,000 and 100000 at 1885, $4,000 at 1877; $4,000 at
1874 $4,000 at 1877 500, 600 at 1861 $4,000 at 1885,
$4,000 at 1861 $4,000 at 136A $4,000 at 1875 $4,000 at
1874; $1,000 $500 and $4,000 at 1879 1874;
and $1,000 1888; $4,000 bought Saturday, dellV-
cradle today has changed hands, at 1899; and slO,
600 do at l4O There have been no sales Of Silver
worthy of special mention since our last, and we
now quote Gold at 137B@l38, and Silver at l2l@l24
FOR American coin, and 13s@l39 for Mexican
dolLars
FOREIGN ExcHANGE-Rates of both SterlinE and
Franco have been reduced fully 394 % cent, to-day
to cOufo rm with the reduction in recent opera
tons in the Cold market, which, however, have
not lherel ofore been apparent in the move
ment of she former. The market is sh
exceedingly unsettled, and most of the
banks manifest an unwillingness to buy OF
draw under exi.'ting circumstances The only
actual sales that Nave come to our knowledge
to-day were G7O0 BD of Lading Bills at 147; $4,000
and $4,000 Bank Sterling at ISL; and bank bill for
$4,000, which was bought by another bank some
time since at 100, resold at l54, and repurchased
to-day at l5I. No sales of any magnitude have
transpired in Francs, and we now quote, Bank
Sterling at l5l@l52 Clear Bills l48@l5O, Bill of
Lading Bills l46@l47, Bank Fran cs 36O@355f.,
and outdoor Francs 37O@3624f.
DOMESTIC ExoHANGE-There is no quotahle
alteration of any kind to report in Domestic Ex-
change. Offerings of private and commercial CON
tinue light while the demand is of a very restricted
character both at bank and upon the street. The
market is but poorly supplied with either private
or commercial, and the purchases by banks and
bankers since our last have been restricted to the
following, viz: 100000 Boston and $35 900 New
York sight at per cent. premium; 100000, |
$35 ,000 $4,000 and $50 900 do at 9-l6 per cent.
premium; $4,000 thirty days sight, deliverable |
tomorrow, at ] per cent. discount; $4,000 and
$4,000 do, deliverable to-day, at per cent. dis
count $40 900 do. at per cent. discount; $50 600
ninety days at a per cent discount, and
100000 do. at the same figure. New York
sight ia still quoted at ( per cent premium
at bank and at 3@l per cent premium out-of-
doors.
UNcURRENT BANK NorEs AND sEoURT1Es-As
predicted in our last two of the liqudating banks
have commenced the redemption of their outstand.
ing issues at par to-day, while another redeemed
its old notes as fast as presented upon the same
terms, and the balance will pursue similar policy
in a few days, The movement in the way of out
door sales of the notes of the free banks therefore,
ceases from this day. and transactions in Bank
Notes are now confined to the issues of the two
old or chartered banks, viz The Bank of Louisi- |
ana and the Louisiana State Bank, both of which
disclose rapid appreciation. Some $1,000 OF tile
latter changed hands to-day on private terms, but
said to be a still further advance. Nothing has
transpired in Securities.