New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-07-17
MORNING SESSION

FOREIGN MARKETs.--We have London dates, per
saxonia, to June 9th The London Illness city
article of that date says.
The English funds have shown further increased
strength to-day, and in all the other markets like
wise the progress towards return of steadiness is
observable. CODsols, which left of yesterday at
SG8 0S64, opened at S64(GSI and after some MINOR
fluctuations the final prices were S64086B for de-
livery, and s7@S7E for the account. Before the
close of business it was known that the ministry
had resolved to persist in their designations; but
any adverse effect it might have had upon the
funds was counteracted by the satisfaction coca
stoned by the avoidance Of a dissolution.
A very large amount of India bills fell due
to-day, and this circumstance, combined with the
extent of the revenue payments, caused heavy
discount demand at the bank, In the Stock Ex
change loans on government securities continued
in request at 7@3 % cent.
The Times's city article of Tuesday, June 26th,
says:
Simultaneous with the announcement of the first
great battle of the long dreaded war, consols have
experienced further advance of i, and the other
markets have not only supported the improve.
ment, but have exhibited increased irmness.
Consols closed at 8GbQ0S64.
The suspension has been announced Of Marryat,
Price & Co.. private bankers; total liabilities are
about G25O,000.
Messrs. Snead & Co., of the Chepstow Old Bank
have suspended liabilities G93S7.
Consols S63@87. French Rentes 63f l5e. U
S. five twenties declined l6.
remarks as follows:
The foreign advices failed to have any marked
effect in financial circles here to-day. The gold
market responded slightly to the decline in securi
ties abroad, and opened at 1874, but afterwards fel
of to 1924. Cash gold is plenty, and 4@5 f3 cent
is paid to have it carried.
The week opens with an easy money market, a
4a5 t} cent. on call and the demand is not stuff
Gent to absorb all the offerings Prime discount
are 5Q163 u cent.
Nah cta oh nFe q
sos in loans; 81 06S,048 in specie S580, 908 in Gil
culation SLAP 339 in deposits and decrease o
81 2sl ,002 in legal tenders.
The return is queer one, but the increase il
loans is probably due to the fact that the bank
have been investing in governments, and the il
/ crease in specie is owing to the disbursements a
L the sub treasury on account of interest.
\ The market for Exchange is quiet, and prim
bankers bills arc quoted at 1885.
The government securities were active an
frmer with further rise on the 1881 coupons an
$50 coupons. The decline on the other side an
the fan in gold here failed to have any effect. 1855
coupons l098@l093; 500 coupons l06@l065; fC
1862 l0510l05i for 1864 and l056ll05t for 1856
lO-4O coupons 98B@9S4, 7-3O notes 1038@l03}.
The Commercial Advertiser says:
~ The total export of specie fer the last mont
"a amounts to S4j 499 1873, an aggregate much large
than has occurred for the same months during IL
last seven years, and which exceeds the supp
from California and foreign sources by S27, 7S5 z6
The export of treasure from this port for the fse
is S27 22I $40 in excess of imports from Californ
aud from foreign countries. Taking the moveme
for the last seven fiscal yeas, we find that the e
ports from New York have aggregated S3l9,4 AZ
935, while we have drawn from California al
foreign countries 1886 682 ,439, showing an exec
of exports over receipts of SS2,745 496 for t
whole period, or an average of Sll S207S5 p
annum,
POSTAL MONEY ORDERS Change inthe 81
tenI-FJty Dollar Orders ISsued-The NJ
York gJouInal OF Commerce says:
The new law relating to the postal money ord
system of this country has gone into effect, and
working very satisfactorily in this city. Hilbert
it will be remembered, no orders of more than 4
in amount were issued. Now the maximum So
is extended to $50, and the fees or orders are
follows: $50 or less, ten cents; over $40, twent
five cents When orders are lost duplicates A
issued with less trouble to the applicant tn
hitherto Postmasters administer the necessa
paths free of charge. The business is simplifi
in several other respects, and the system "
doubtless become more popular than ever. Mo
order offices will beestablished soon,
TAXATION OF DEPOSITS IN NATIONAL BANGS.
Treasurer Spinner has addressed the followil
letter to the cashier of a national bank at King
bn:
TREASURY OF THE UNITED STATES,
DIVISION OF NATIONAL BANKS,
Washington, July Z,
SRI have received yours Of the Sd inst Y