New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-09-13
glEm Orleans aflonen Sflarhet.
GREsutbT OFEIer 80. 94 CAIP STREET,
"Wednesday Evening. Sfpt lS HIS

Au nevertheless, anu the market closed at fully /
t0A u cent advance. on Tuesday evening Quota.
zions The r. II, kilograms diferedsto the ex.
Gent Of III cent. IN the ruling rates al New York,
but rs no one had calculated upon the heavy ad-
vance i'd that market; the error or discrepancy
had no material erect. The sales Of the day, have
been limited to 5000, at 1859 $1,000 $1,000, 5000
and 5000, 1t la; sl5a 600 OF 144@I443; $40 900
at LIT: $4,000 and 900 at l44, and 1000 and
$1,000 al I44s. The only sale Of Silver Of which
we have been advised, was $500 al. 1914 for
American halves The quotations this evening
are lA4gl44A For Gold. and Silver at 1913 ", for
American coin, and llG1I45 fer Mexican dollars,
FaREIeS ExoH ANaE--There is absolateig no
variation Of any Kin to notice in The movement
in Sterling on Francs, Offerings continue light,
and the demand IS restricted and confined to a
very few buyers. The sales since Our last com
prise only 5000, s550oand 900 at l50f for Clear
Sterling Bills, 5000 at 1929 for Bank Bills and
1O0o0f., 3oio0afs 7H,o9af ana l50,oQ0f Francs at
,775T for strictly "A, The quotations Ills even,
ing, IS heretofore, rale at l52@154 for Bank
Sterling, l49lGl5qA for Clear Bills, S.IogB5f for
Bank Francs, and @8.75f. for outdoor
francs.
DOMESTIC EXCHANGE There has been a fair de.
mand for sight CHECKS on New York notieeablelat
all of tile banks and bankers Offices to.asys and
sales have IN the aggregate materially exceeded
the foetings ofany previous day Of the past finan.
cial week. Offerings d private and commercial
were, if thing, more restricted than heretofore,
and the purchases by banks and bankers were
confined to s2e 900, So 00o ard $40 600 New York
sight at par; $40 900 thirty days, do. at 81 cent
discount. and 81 600 sixty at Il cent. dis
count. Tie intention on the part of bank presi-
dents is TO advance the checking rate on New
York tomorrow, but we nevertheless still quote
New York sight at "a cent. premium nj bank
ana par in the outdoor market.
UNcuRRENT N TEs ASb EEeuRfTIE s-Tiie move
mentin the former continues some Bhataetive, and
the sales to-day comprise $500 Louisiana State
Bank notes at 9slcs $4,000 do. at 9sc., and $4,000
do at 99se per dollar $1,000 Louisiana State notes
at 93e., and $500 do. at sSlc. per dollar. There
has been no movement reported in Stocks or
Bonds, or at least, no sales have been effected
which operators were willing to have published in
accuEat form.
Bo4Bn OF BIZ oEERs.T There is no vitality what
eTarHot iseabls In the Brokers Board. The atten-
dance to-day was yerg small, aud operations were
confined to $500 City Of New Orleans notes at
aa3, and $500 Gold III 1857.
SPECIAL DIsPATeHEs.--We are permitted to
publish The suBjoined private kilograms, which
came 70 hand to-tfay atss A
Liverpool, Sept. Evsning-Cotton IN.
changed; sales today l0s5o0 bales az l3d for mid
ding plahds.
london, Sept. I1.-Cons0ls sos: u. s. SOS 7124
N en- York, Sept. 12.-Gold opened at 1861,
4 Gt8t nsstsads bit quiet at 33{goSGc I2sf-Gold
14a Cotton iiet at 3(l36c.; o. s. government
sale impending 2. M,-7Coapons of 1862, n II B;
Ell Iss5, 10sR; 0s4os, ISL; treasury certificates,
1863 Gold IfTff Sterling xchange, 1919 for
sight bills Cotton tends upwards, but prices Are
unchanged. a @ 81
Private advices from New York, under date of
Friday i. III, say
= The stock market may he called q shade more
active to-day, under which prices are slightly
higher than 1T the close of yesterday and toefably
steady. The bulk of the business is, however,
confined To the speculative brokers, while the
commission firms are mere lockers on Outsiders
are stili holding aloof, and we doubt If anything
short of : 10 psr cent. decline VIII tempt them to
~ take Eandt's
Gald is quiet but steady at about I46.a Money
continues easy at per cent
IN regard to stocks and money matters the New
York Tribune Of Friday says:
THE miscellaneous share list IL dull and neglect
I'D. Quicksilver sold in small amounts at so + and
MaEiposa preferred as 27a. Atlantic Mail declined
/ A per cent. selling at ll0. The general railway
list has been dun and neglected. Erie and Read.
ing have been the absorbing interest
ii the street. Erie opened AZ n, and
9he same pressure 70 sell short we no.
fieed yesterday continued through tile entire day,
and large blocks of stock changed hands. The
lowest quotation Of the day was 6sl. closing At
i ", and the pressure to sell undated. Reading
was largely dealt in, and the bull party bid freely
1or ne stock up tn H and frightened the bears
into covering their shorts which they did at ia
S1ll44; but as soonas this was done the stock
broke to 1888, at which price there were large
sales by the bulls Both these roads are in a had
way as to decline in earnings. Erie Is reported TO
show a decline Of 100000 for August, and the
Eunnage Of the Reading will show q large decrease
from this date. IA
The whole market is in an uneasy and settled
state, and no large amounts of stocks could be
sold without serious break in prices. The mar
ket closed with a general desire to sell.
Money continues easy at 5 per cent. although
money loans remain at percent, but all new
business Is done at per cent.
Sterling exchange is more active and may be
quoted kdl better than 3or the last steamer. We
quote london, prime bankers, 90 days, logo
z064; London, prime bankers sight, 1861 l1107 /;
London, prime commercial, 1943@lQ53 Paris,
Bankers long, s. 80; Paris, Bankers, short,
5.32s 0l5a30;; antwerp, Swiss $500
BIS; Hamburg, 35f u amsterdam, 40G1404 Frank
fort, Il; Bremen, m 4s7 TA1; Berlin 0a9Il970.
Insurance Matters National Board Of On.
szei7eliters; The New York Post Of Friday says
The action of the underwriters convention,
held in this city in july has boEne fruits Of prac-
aleaI soFt IN the formation OF numerous boards of
dre underwriters throughout the country. Such
boards have already been organized in Boston,
ogilans lbany Troy, Syracuse, and other cit
5ea sEt II s noticeable that soon every city of any
importance in respect to Insurance interests will
nays ito local board and its regular tariff Of rates
Of premiums. p 4 circular just issued by The
executive committee of the national board Of fire
underR tiers, to Oil the Insurance companies of
the United States, the following strong points are
( made n tagor 81 q systematic and organized re-
form IN the method Of doingsthe business.
That mediate and efficient action in the right
direction Y as impefatively demanded by the in
aaHed public for its ultimate safety by the hold
ers 81 insurance stocks for renunefatiye returns
on fheir capital, is self evident, and requires no
erg nlneat from us. The insured public is expect.
su8 an ADVANCE Of rates for It's own security, and
~ pre- pared 70 cooperate with US Id all lust meas
afes ~ that direction. The holders of insurance
steeks leel the necessity, and will sooner or later
demand such action as wl secure fair return oil
tneir capital; and those on whom the Immediate
administration 81 fhese great interests devolves.
KNOW tnat the present condition of the business is
9ne taat ls Iuli ot danger and peril and that re-
sqfes wise and decided action iii 80 adjusting ana
aaYanelng the present rates Of premium as to he
5snaa9efetlVe to insurers while they are Just and
liberal TO the insured
Qnf rates ntN as all know, are by no means
Aas qaaIe 70 ordinary times how, then can we
nope that they viii prove rerluneratiYe when our
business compelled, as it now is, to contend
with merry tempest unequaled ia the history AZ
Insurance and epidemic ia its character--ani in.
settled, II not u1souna state of tile curFencv-o
falling MARKET or at least 0ue s,lhfect 10 eri.t