New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-02-26

OR Financial and Commercial Summary.
The Specie movement on Saturday disclosed
variation whatever as compared with the averi
10 operations for several days previous. offerings
Fst gold were heavy, with light demand ana
na very moderate sales, at previous figures, la6e9la
es while those of silver were but little better u
IT. nominal at 1s26alS3 for American coin, and 10
to 1877 for Mexican dollars. sale of $50 Span
Sc doubloons, rated at 16 was effected at 1856. Thu
OF ia no ,onoer any evidence of speculative
mand Noticeable in the precious metals and
be fact that large amounts have recently been
40 ceiyed from the interior for conversion into CT
of rency would lead to the belief that the inquiry
Of supplies in that direction has also partially
Y wholly ceased.
- Foreign Exchange was very firmly held on sa
~ urday morning, with some drawers demanding
" advance Buyers uniformly refused to operate
- enhanced figures, however, and rates soon TELL
to Fridays quotations, the principal purchase
" still keeping out of the market, in anticipation
OF lower rates. As may readily be inferred, th
IN movement was of restricted character through
s out and the market closed fiat, at 14S@l4Sa fc
IN bank sterling, I46@147 for clear bills, 144s(
lie 1854 for bill Of ladng bills 3.s0@3s23f for ban
4 francs, and s.s64@3ss2f. for outdoor francs
Domestic Exchange has been rather unsettle
since our last. Most of the banks checked through
out on Saturday at t@l % cent. discount, but tw
of them held firmly at par q !, a1d one, which ha
commenced in the morning at / y cent. discount
soon advanced the rate to ] and subsequently t
par at which latter figure it transacted yer,
heavy business. Outdoor offerings were light from
/ the opening to the close, and the movement il
financial and commercial for the day showed
very marked falling off. The rates, however, are
still unchanged, and we continue to quote bank
sight at par q land / y cent. discount, and out
door sight at 4@s and . cent. discount, with
corresponding rates for short sight and time drafts
Bank Notes and Securities have undergone but
little if any, change since our last. few descrip
tons have continued in limited supply and active
demand at steadily advancing prices, whilst the
general run of offerings. though apparently heavy,
were almost wholly neglected. The movement
was restricted to $4,000 Louisiana State Bank
notes, at prices ranging from 73s to 753c., and
$4,000 Merchants Bank notes, at auction, at s2t %
dollar; 100 shares Jackson Railroad Company's
stock at Sc Is, and $4,000 city bonds to railroads.
with March coupons attached, at SO net at private
sale, and some lots of Jackson Railroad Company
at Sc rs to Sc so, Bank of Louisiana at $l0 Me-
chanics' and Traders Bank at 60, Louisiana State
Bank at 500, Crescent City Bank at s37 so, Bank
of New Orleans at s3S SO, and Union Bank at
81 rs at auction.
Cotton-Owing to the incemency of the weather
on Saturday, operations in the staple were almost
wholly suspended up to meridian. The rain having
ceased about that hour, however, a very active
and general demand sprang up, which resulted in
sales of $3.50 bales, taken by fourteen buyers, at
about Fridays prices but in exceptional cases at
Traction above and below these figures. The alb.
sence of later advices from all important points
(the wires having been DOWN caused buyers to
demand concessions, but most factors held on very
firmly, and the few that appeared to waver were
encouraged by the advancing pretensons of hold
ers and drawers Of foreign exchange. We repeat
quotations. as follows: Ordinary, 36@39c.; good
ordinary, 40@4lc. low middling, 42@43c., and
middling, 45@46c, as still constituting the ruling
figures.
Sugar and Moldsses have been at a standstill
since our last. The receipts on Saturday were
only nominal, and the previous stock of Louisiana
was almost wholly exhausted, but superadded
was the Indictment weather and the impossible cen
d1tion of the levee. No sales of any Importance
TRANSFERRED, and quotations continue unchanged.
Flour and Grdin.-The movement in flour on
Saturday was restricted to l400 bbs. at very full
prices. Offerings were very light, and the demand
showed steady improvement. The inquiry for
corn also increased, and the sales reached 5000
sacks, at a further advance, as will be seen on
reference to our commercial article.
Condensed Statement Of Receipts and Exports
Of Coin at Ne,o York for the Past Seven Years.
The United States Economist publishes a complete |
statement of the movement of coin received and
exported atNew York during the last seven years.
LAST year there was received from California
III 53l 1856; imported from foreign ports 81
nd received from inland sources and boards,
81 532 3ll. making sum total of receipts for the
ear of SCI POI lOs. The total from all sources for
he seven years ending LIST January last were
9,229,712, and returned during the same period
Hand, $92 $780, 57, and exported to foreign coun-
ries, $500, l4l 169. The statements show that the
xports to foreign countries overran the receipts
ON same sources during the seven years,
25O, 062 ,9I6.
The total amount of coin in the banks and sub
easury, Jan. l, 1859, was 1872 233 900 total amount
banks and sub-treasury Dec. 81 1865, s54 $50 1915,
lowing a gain at New York of 500, 1896, O75 but
e amount in the interior and in boards has been
rgely deceased, SO that the aggregate amount of
III III lHe country, exclusive OF tne Paclac states
As been largely diminished during the war.
The following is the gold movement at New York
] January, 1865: 1
nports from foreign ports ,,,... s7277l i
eceved from California ''' 4s7657 =
xu Total !. ssss sas,s ,; s@7ss
Aports 70 foreign ports 2706,336
Loss in January 81 l45 59s
The Captured Bank Specie.-The Lynchburg :
Ta.) News says s
We are pleased to learn from letter which we t