New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-07-24
8etu Orleans Daily Qteatent.
TUESDAY MORNING. JULY "a, 1866.
agu Orleans monep Sttarket.
GRRsoySr OFFICE, No. "a OAar. sTREER,
Monday Evening, July %, 1866.

GRzsoysr OFFICE, No. "a CANT STREET,
Monday Evening, July % 1866 :
The only variation that has TRANSFERRED in the
financial movement to-day was an advance Of
about lG11B f2 cent. in rates of Cold which was
predcated upon a continuance Of the Austro-
ItalianPrussian war, exclusively, as the condition
of the New York market did not Justify any i'm
proyement, and the demand Throughout was Of an
unusually restricted character. We subjoln the
operations outside Of the Brokers' Board as fol-
lows viz 10000 at las, $4,000 at l483, $4,000 at
14s3, $4,000 and $4,000 at l49, $4,000 at l49t, sl6
900 and $40 900 at l494, and $4,000 and $4,000 at
l494. Sales of Silver have been confined to drlb-
let's, and we now quote Gold at l4s4(0l4 and
Silver at 139014l for American coin, and l5l@l53
for Mexican dollars.
FOREIGN ExCHANGE-The is no material varia-
ton of any kind to report in the movement in
Sterling and Francs. Offerings OF commercial dis
close some increase, but they are not in special
request, and the demand for remittance purposes
continues very light at bank and the offices of pri-
vate drawers. The following are the only actual
sales that have been reported to us to-day, in an
authentic form, viz. $1,000 Bill of Ladng Bills at
1851 Gl600, $4,000 and G2500 Bankers Bills at l62,
$1,000 sold in small amounts by bank, at lG5,
10 900 and 900 Bank Francs at 3.4Of. and $500
outdoor Francs at 3564f. The quotations TINS
evening exhibit no alteration on Saturday
figures, and we therefore repeat as follows, VIZ.
Bank Sterling lGO@lG2, Clear Bills l57a1l59, BlIi
of Ladtng Bills l530l55, Bank Francs 5'4V29'oo'
and outdoor Francs 3.573@3.5Of
DOMESTIC FxcHAYaE-lnactiyity has been the
movement in Domestic Exchange to-day Oher-
ings Of commercial exhibited but little if any in
crease and the demand for checks over the
counter was considerably smaller than on 5atur
day. The purchases by banks and bankers have
been restricted to the following amounts, VIZ
1000 and SIS 600 Bank Sight sold in two checks
to bank at par $50 900 private do, at 3l6, $4,000
$75 900 and $50 900 Commercial do. att u cent dis
$4,000 ten days Sight at u cent. dis, $4,000
twenty days Sight at l u cent. dis, and $4,000
thirty days Sight at II q cent discount. Quota
tons still rule at par at bank, and 400 y cent
discount out Of doors for Sight checks on the
Northern cities
UNouRRRNT NOTES AND sEoURITlEs-The only
operation that has transpired in uncurrent notes
ii the outdoor market to-day was 5000, New Or
leans notes, at 993c. and the movement in stocks
has been restricted to the following viz 8, % and
80 shares of City Railroad stock at prices that have
not transpired, 50 do Louisiana State Bank at 275,
EUU No. OptlbusdS huIilbhl dbt8 hlu ~ W. was
Light Co. stock on private terms. For particulars
of transactions at the Brokers' Board we would
refer to the subjoined copy of the official report
viz;
MoRSiSG SESSION.
g. shares Louisiana state Bank 273S
Sl4O Louisiana state Coupons o.
1920 -. li9
$1,000 l4S5i
$5 5o e MSaId sR ad spanish Doaboons i
$3.50 American large Gold. l+s2
10 IsScSn Dollars u prem Go,
EVENING SESSION.
Is shares New Orleans Railroad stock ,''',''''. ~
SO American Silver 40
NEW YORK MARKEr-The Commercial Adyer
tiser remarks as follows:
The week closes, on the whole, quieter than
opened. Some very important speculative sue
Cesses have been achieved during the week, ant
operators appear disposed to take repose snitet
to the condition of the thermometer. 1t is under
stood that next week the course of affairs will b
varied by important operations on the part Of tn
government
An official offer, we understand, will be made I
exchange 7-30 notes of any of the series for 520's
the exchange to be made on equal terms as re
spects the principal and the interest to be aduste
by balancing the amount due on each security.
The exchange will be made at the sub-ueasurJ
and without the intervention OF agents. There az
CullOch to turn his attention early to the liquid
ton of the temporary loan; the accuracy Of whic
we are not prepared to vouch for.
Money is less in demand, but Is by no mear
over abundant; call loans range mostly at
cent with exceptions at and ~ cent,
Discounts are dull, the rate for prime names b
ing 60n7 {8 cent.
National bank currency again shows tendenC
to accumulate. Some of the banks decline to +
ceive it on deposit, except on condition that I'll
depOsitOr shall draw it out again. 1t quite pos
BILE that the liquidation of certificates Of indebte
ness, on and after to-day, Will throw upon ne mt
ket large additional amount Of this ecmpar
lively useless money. Certain it is that SO lar
the sub.reasury redeems certificates i'll tho
notes, the money market will fail to be cas-
by the disbursements,
WASHINGTON, July 18,-The duplicate five-twen
bond coupons mentioned in late dispatch
being in process of redemption at the treasul
continue to make their appearance in such nu
bers as to cause serious alarm to the heads of til
department. These coupons are pronounced
be genuine impressions, with the exception p
sibly, of the numbering, and have, perhaps be
carelessly permitted to be stolen from the treasJ
department 1t is impossible to estimate t
amount of collaborating paper composing this 81
reptitous issue.
TIE LATEST FROM New YoRK.--The Comm
cial Advertiser of Wednesday says:
Money is decidedly easy at y cent on C
with exceptions at % cent. Some of the bal
are troubled with a surplus of national bank not
which they are offering to lend for few days
of interest, subject to paymentin check in or
to get them out of their hands.
Some of the private bankers also hold large
ances Of bank currency, which they do not cho
to press upon their banks in opposition to Il
Discrimination to accept such deposits and
offering to lend balances at 2903 u cent.
LARGE SALES OF GOVERNMENT sTooKs.-
Financial Chronicle gives the following staten
of the number of shares sold at the regular
open boards combined, each day of the past
previous weeks;
Last Week Previous "
Monday. ACKNOWLEDGEMENTS. 7i,S26 4hl9l
Tuesday Observation-Disclosures. 1892 ,,..,,
Wednesday, ....,'..,,,..-.,.. l3lIoI 49,.
Thursday ...,..'...'.'-'.t... OIsbS lS,459
Friday r.'.....,.s...,'...'.f 4hlud b6,755
Total of week ....,...... 4s6,l6O 2287l8
The imports of dry goods for the past "
have been as follows:
#5 6; s.s:S: 5s;! s5s5
Eat s9Ss ' athe por s4soB27o s25g226o9 s72
Thrown market. H,67l35I S0,lss,926 69,9l
ALLEGED ILLEGALIrY OF THE TAX ON 81
BANKs-The Question TO be Ies5ed.-The
per cent tax which was to be imposed on bi
paving out the notes of State banks after Ju
has been so modified in the tax or revenue
which has DsEsed both Houses of Congress-, tn