New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-05-14
8Gw Orleans gf(onep TEarket,

the demand during the forenoon was at no time
better than nominal, and in fact, the operations
for the day were Of an exceedingly restricted
character all round. The press and private dis
patches, which were circulated during the after.
noon, disclosed decline Of ! " cent. in rates at
New York for the previous twenty-four hours
which created an immediate depression in this
market, and resulted in reduction of fully La
u 10 cent. on our last quotations. We subjoin a
statement of the sales for the day in the order in
which they transpired, viz: $1,000 and $4,000 at
$780, $4,000, $4,000 and $4,000 at 1898, $1,000 and
$1,000 at l294, $4,000 at 1881, $4,000 at l2O, and
some smaller amounts at corresponding figures
Transactions in Silver have, as heretofore, been
confined to triaing amounts, and we now quote
Gold at l2s2@l294, and Silver at ll70l2O for
American coin, and l283@l295 for Mexican
dollars.
FOREIGN ExcHANGE-The supply Of both ster.
ling and Francs has exhibited some increase to.
day, but offerings, nevertheless could not be CON
demand, also, was somewhat larger than hereto.
fore, although several of the leading buyers
steadily refused to purchase and stood Off await
ing lower rates. We have to report fair amount
of business, however, and the only variation that
was noticeable in rates during the day was a re-
duction of about l % cent. in the bank drawing
figures. SubjoiHed are the whole of the opera
tons, SO far as we have been enabled to authenti-
cate the reported sales, viz: G2805 Sterling, sold
by bank, at 1l3; $4,000 bank Sterling, sold
through broker, at I4l $1,000 clear Sterling at
14O4 $500 at I39@l4O; $500 at no; $1,000 and
$4,000 at 1879; E25O0 at 1888 Gl7OO at 1888; ESQ
sold for Gold at 1899. and G20OO sold for do. at
1883. Sales of Francs comprised IOO,OOOf. at
4.OS4r.; lG0,000f. at 4O5G4O0f., and % .00Of. al
4,025f,; II ,000f at 4OOf, and % ,0OOr at 3975f.
The quotations this evening are, for bank Sterling
l4l@l42; clear bills l350ll0, bill of lading bills
l3G0l37, bank Francs 3.079@3.95f, ana outdoor
Francs 4O504,OO.
DOMESTIC ENCHANGE-The movement in Domeg-
tic Exchange since last has steadily tended in
favor Of drawers and sellers. Offerings Of private
and commercial exhibited, if anything, further
falling off, while the demand for remittance over the
counter was moderately active, and the principal
operations consisted of sales from bank to bank
As an evidence Of the accommodating spirit mani
Tested at some of our banking institutions, we
would remark that some of them checked through
out the day at the same rate that they had paid to
others in the morning for round amounts. Towards
INV NiO0O VI blSluSh5 LutIB Was d UNIFORM upward
movement noticeable, however, and should moth
ing in the meantime transpre to counterfeit it, we
may reasonably look for a general enhancement
Of figures on Monday. The purchases by banks
and bankers include the following amounts, viz +:
$4,000, S25 900, $4,000 and $63,bGD, New York
sight, in the morning, at ! % cent. premium !;
S38O0O 100000 $4,000, in three lots, and $l0OO
do. at " cent, premium 5000 600 by one bank at
tot ~ cent. premium, and $5000O $5OOOO
100000 and 100000 at u cent. premium, the
latter sold by one bank, in addition to nearly
100000 checked over the counter by the same
$4,000, five days sight at q cent. premium, and
100000, thirty days sight at b cent. discount
Most of the banks had advanced their rates to 4 j.,
and two of them to y cent premium before the
close Of business. We now quote New York sight
at al u cent. premium at bank, and outdoor
sight at 3@5 y cent, premium.
SToCKs AND BONDs-There is no cessation notice
able in the demand for the better classes of gecu
rites, and in fact the movement rather increases
than diminishes from day to day. as parties leaving
the city on business or for pleasure appear to be
more anxious than ever to invest in them, under
the judicious impression that they cannot better
place their surplus currency. It is hardly neceg.
sary to say that prices are firm and still looking
upward, while securities not recognized as favor
ties, drag along as heretofore. The sales to-day
comprise g. Al, 80 and 100 shares City Railroad
Company stock at prices that have not TRANSFERRED:
95 do Canal Bank at 597; 200 do. at 80, and so do
at go; 10 DO, Union Bank, at auction, at so; 100
do. Crescent City Bank at 40! so and rs do. Bank
of New Orleans at 3s4, and 100 do at 50; 200 do.
Bank of Louisiana at l23, and III do. Opelousas
Railroad Stock at 81; also 100 shares Crescent
City Bank at 4ll 500 do Canal Bank at 593a5O5
and 800 do. City Railroad Company at 2OO}.
UNcuRRENT BANK NoTEs-Transaetio in the
Issue of the several banks in liquidation are grad
ually drawing to a close. The Bonds of the Free
Banks are expected here in few days as it is I'M
derstoOd they have been forwarded from Wash
ington, and most holders of the outstanding notes
of the Free as well as the chartered Banks, conf
IDENTIFY anticipate full payment at an early day.
Some few lots appear upon the market from time
to time, however, and are let go at a slight dis.
count, but we do not look for any further heavy
operations in any description. Sales to-day have
been restricted to $4,000 Bank of New Orleans at
96c.; $1,000 Union Bank at SIC. and $500 Crescent
City Bank at CSC. y dollar.
REAL EsTATE.-There is no material variation of
dhy hilu " Lelei 10 III llt movement IN real estate.
AS stated in previous article, there is good de.
mand, at full prices, for desirably located resi-.
dences and business houses, while most other
classes are not in request, except at low rates.
The following include most of the public sales
which TRANSFERRED on Saturday:
By G, r. Girardey & Co.. The Delta warehouse,
with fronts on Fulton and Front streets between
Lafayette and GrOd streets, sold at SO GOO; frame
cottage, No. ll6 Bolivar street, between Gravier
and Perdtdo, $3.50; frame house on Marais street.
between Common and Gasquet, small lot, $1,000 :
brick store No. u Delord street $1,000; six lots Of
ground, corner Of Calliope and Freret streets,
$500.
By Palfrey 4 Co.: Lot of ground in square
bounded by Julia Bar0nne, Carondelet and ST.
Joseph streets, measuring Is feet front on Baronne
house and Improvements, for S800O
By S. Gunault: Lot and improvements on'L eyee
between Vaudeville and Marigny streets $500
property at the corner of Orleans and Where
streets, $l04OO; property on Josephine street,
Fourth District, $3.50; property on Union street.
Third District, vacant lot, $500; property on Love
street, between Union and Frenchmen streets
$2l25; 10 shares of Union Bank, at $50, $500
BY u. De Ferret auCtiOneer-Four lots ofgrouud
on Canal street, between Anthony and Bemadotte
streets, $500 each, $1,000; one lot of ground cor
ner Gasquet and DorgenOis streets, sos; house
and lot on st. Peter street, between Claiborne and
Derbigny, $1,000; house and lot in Vaudeville
$l775 house and lot in Vaudeville, $1,000; lot on
Moreau street, between st. Ferdinand and Port,
$500; house and lot on Union street, between Ba-
rome and Dryades, 1900 house and lot on Ram
artstreet, near Canal street, $7l50; house aud