New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-26
SfD Orleans Daily Gresteat.
sATunDAY MORNING. MAY %. 1866.
1aw Orleans Stlonep Stlarket.



Friday Evening, May %, 1865.
TThe most prominent features in the market to.
day have been still further advance of per cent
in Foreign Exchange and an advance of fully %
per cent. in rates Of Gold. The Gold market
opened very firm at yesterdays closing quota
tions, l42GDl425 but under successive advices
from New York, announcing heavy and steady
advance in that market prices improved and at
the close of business this evening, rates dis
closed an advance of q per cent. for the
day. Offerings were larger than had been
anticipated, in view of recent heavy operations,
and the sales aggregated $274 900, at the prices
specified in the subj0ined statement viz. $25 900
and $4,000, bought by two bankers in the morn
ing at l424 $4,000 and $4,000 at I43, $4,000 at 1884
$4,000 and $4,000 at 1882 $1,000, $4,000, $4,000,
$4,000 and 1000 at 143}, $1,000, $4,000, $40 OOO
$4,000 $4,000, $4,000 and 800 900 at IA, $17500
at l44 $4,000 at 144b and $4,000 and S25 600 at 1875
Sales of Silver have been confined to drblets, and
we now quote Gold at 14430l45, and Silver at
l276lS0 for American coin, and l45@l46 for
Mexican dollars.
FOREIGN ExcHANGE-The movement in Sterling
and Francs since our last has been but little better
than nominal, yet raIes have advanced about ~
cent. Owing to the upward movement in the Gold
market offerings have been exceedingly light
throughout, and the demand has been
of too restricted character to ad-
nit Of heavy negotiations. Subioined are
the only actual sales that have come under our
notice for the day, viz; CISCO at $50, for Clear
Bills; $500 Bank Sterling at 1876; $4,000 do at
1864 goo do sold for Gold, at HOS SIS OOOF. Bank
Francs at 3,55f, and 25O0Of private do. at 3.60f.
The ruling quotations this evening are, for Bank
Sterling l55@l56 Clear Bills l5O0l52, Bill of La.
ding BilIs l46@l4S, Bank Francs 3.5583.5Of., and
outdoor Francs 3.6503575f
DOMESTIC EIcHANGE-There is still further evil
dence Of increasing. weakness to notice in the
movement in Domestic Exchange, but up to the
close Of business to-day it had not amounted to a
quOtable reduction in rates. Offerings, accruing
from recent sales Of cotton for the New England
mills exhibit some Increase but owing to the fact
that the bank supply was previously nearly ex-
hausted and that the demand for remittance pur-
poses though not active is still steady rates have
been uniformly maintained The following state
ment comprises the whole of the purchases by
banks and bankers since our last, viz: SEQ 900
Boston sight at IL cent, premium, $4,000, $50 oOO
100000 $4,000 and SIS 900 New York and Boston
sight at u cent. premium, and Sl3 1000 Provi.
ueHJS alBhb AT T. CENT PREMIUM pdydDle III new
York sight, at I % cent. premium $4,000 one
day New York sight at q cent premium,
$4,000 thirty days sight at q cent discount
and $4,000 sixty days sight at u cent discount
We still quote New York sight at q cent pre-
MUM at bank, which is the counter checking rate
all round, with but one exception, and outdoor
sight at 3G1s u cent premium.
UNCURRENT BANK NoFEs AND SECURITIES There
is no variation whatever to report under this head
except, perhaps, some evidence of weakness il
rates Of the latter. Offerings of the issues of tht
several banks in liquidation are extremely light
and sales since our last have been confined t.
$4,000, Union Bank notes at &C. per dollar, whit
the supply of stocks manifests some increase, ant
the latter grades still moderately firm, although
the lower descriptions appear to be who'll.
overlooked. Sales to-day include 20 shares Git!
Railroad Stock at 2005, rs do. at 2OO9, 25 do. a
POI, and 8, 10, TO- 2O 50 and IS do at prices tina
have not transpiredi IS shares Canal Bank at COZ
Is shares Crescent City Bank at 434 and 8
shares Bank of America and $4,000 OpeIousa
Railroad Bonds at prices that have been withheld
The market is too unsettled to obtain reliable, 0
even approximatng quotations, and we, therefore
omit our usual scale of prices.