New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-08-07
10 Orleans Daily Grestent
TUESDAY -, 1865 Z lo2o,
aslr e9rIeang gFIanep Stlarkel.
oa4.i,S.s e.r,qs, 10. 9! elnr sy u:

been reported to us by reliable parties as follows
Viz: $500 and $1,000 in the morning at 144l; $500
and $4,000 at l444; $4,000. S2o00 $500 5000,
$l500a. and $4,000 at la; and song trihing
sraounts at l43@l43k aud 1889, mostly sales to
haBkers. Transactions in Silver have been con-
dned to $1,000 American halves at l53, and we now
quote Gold at I4s3d1l44 and Silver at lSSl 54 for
American coin, and 14Sai47.fof Mexican Dollars.
foHGraS Ex0HANeE--Th There has been no move
.snt affected ia Sterling Bills to-day, but fair
business has TRANSFERRED in Francs. This change
bas long been desired by drawers of the latter, as
Tenittanees to the other side OF the Atlantic for
some mouths past have been almost exclusively
confined to Billsof England, Operations in French
Bills to-day included 100000. sold by a bank at
a50f, 2O0OOf. sold By a No. banker at 360f.,
and 40soo0f., 250OOf and O0OOf, commercial,
at 3.65f. We have lowered our figures all round
to correspond with the decline at New York and
with the asking figures here and now quote as fol-
lows, viz: Bank Sterling I5s@l59, Clear Bills
15s@I54, Bank Francs 3.60@S.55, and outdoor
Francs 3. 701S.65f.
DOMESTIC ExGHANaE-There is no material
alteration Of any kind to refer to in the movement
under this heading. Outdoor offerings to-day
have been very light, and the demand for remit
lance purposes, as is usual on Mondays was con
purchases by banks and bankers included only
10000 and $30, 900 New York sight at { - cent.
discount $50 900 twenty days sight at II % cent.
discount, ana $4,000 thirty days sight at 2 %
cent. discount The ruling quotations at the close
of business this evening were t@4 y cent.
discount 1t bank, and ll0s U cent. discount out
Of DOORS for sight checks on the Northern cities.
UEcuRRENr NoTEs AND SECURITIES. There has
been nothing done to-day in Uncurrent Notes and
the only sale of Securities that transpred was
$4,000 Opelousas railroad, first mortgage CON
structon bonds, with 6 coupons attached at H.
BoARD or BRoKERs.-The upper tendency Of
the mercury in the thermometer seems to have
diminished the ardorof the members Of the Bro
ker's Board, and after having recently held regu-
lar daily meetings ia the forenoon and the after
noon. with rapidly diminishing numbers. they
to-day resolved to hold but one meeting
daily hereafter, till the LIST of October,
which is fixed for II o'clock NJ 1t would
have been better, perhaps, if they had resolved TO
suspend all faction at the board till October, as in
that case the deserYedly popular officers of the
board would Be enabled to enjoy a respite from
labor and change of scene, which they have a
just claim to, and which, doubtless, wonld enable
them to resume labor III the fall with vastly recu-
perafed energies. The total operations at the
evening session Of the board to-day. comprised
sales Of $4,000 Gold at IA at the morning session
there was no business transacted.
NEW Yoax MARKET The Commercial Adver-
tiser, Of the 1st inst, says:
The announcement that the Atlantic cable is
/. open+to the public for commercial purposes, has
had but little effect as yeti Wall street. III conse-
qnence of the lower quotations which are current
for fvetwenties in London.
The loan market is easy, but there is q little
more activity in the demand to accommodation, 80
that some Of the symptoms of plethora seem to
he passing away The rate for call loans rests at
3 per cent. Commercial paper is unchanged.
The stock market is less animated than yester-
day. Governments are rather lower. Old FIVE
twenties, consequence of the report by the cable
that prices had fallen off at the London Stock X
haDge, declined from the highest price of yester
day. Five-twenties Of 1865 have already receded
Oh per cent Ten,forties and seEenthrties are
iITm.
FI,s ANcIAL MOVEMENTS IN E6RoPE.-By the
slna's mail we have some interesting details rea-
i've to financial affairs in England and the CONT
lent Of Europe.
The Bank Of England return shows that that es-
adjustment has received FL 2s7, 2s5, through the
repayment Of advances made by it upon private
securities, and 8250,000 by selling or otherwise
d;sposing of portion Of its government securi-
ties; but, as this has been accompanied by di-
minution Of 1855 0l3 in the government deposits,
and of FL ,65I ,546 in the private deposits, the
effect upon the reserve has been decidedly
favorable, diminution of 9576, O45 having taken
The withdrawals Of private deposits are worthy
of notice. as Indicating the extent to which the
mercantile community, especially baLker5 still
consider ii necessary to make exceptional pro-
vision against contingencies. The alteration ia the
coin and bullion il likewise unfayorabe5 decrease
Of f34T ,495 being shown, although, on the import
and export transactions Of the week the draught
upon the banks stock did not exceed Gl70,000.
II Is evident therefore, that coin is still being alb
aorbed il the provinces parity, perhaps for agri-
cultural purposes
The comparative statement is as follows:
0sl Incrtase 81 SsI
Other deposits l8S093e Decrease ISL 64b
On the other side of the account:
Government securities s0O2sl23 Decrease ESQ 90
s sSss aS SsasIiss B Bse5ssss sS
The amount Of notes IN circulation is f26. ALL
$50, being an increase Of f228,550; and the stock
Of bullion ia both departments Is fl9,6A5 ,975-
showing decrease Of f347,495, when compared
with tile preceding statement.
The Bank Of France return for the week ending
July 1911 shows the following results az compared
with the previous account: Increase cash, H.,
100000; notes, $4,000, 600; treasury balance,
8,SsS,00D Decrease commercial bills. 2s,25O,-
900; advances, 100000; current amounts rs, 0O0,-
O90 Alter temporary check last week, the stock
Of coin and bullion has resumed its remarkable up
ward movement, and shows now fresh increase
OF 45TS,O00 on the week. The decrease of f9SO,-
900 iu the discount argues anguid state Of trade,
and the heavy Withdrawals OF private deposits
Z
The Back Of France return is not favorable. On
the one hand the bullion and coin have increased
by Il, 600 frances making the total lying idle
In the vaults ell 696 900 francs; and on the other
hand, the discounts have declined by IS 600
francs. With respect to the circulation of notes
they have increased by 25 ,087 600 tran 10 and in
the deposits there is decline Of the rather large
sum OF 50 5000 francs. The French Z" Instiiu-
lions of credit,n which publish their balance
sheets monthly, have, like the Bank of France
large reserves of cash At the latest date, which
Has the LIST Of July, the Credit Industriel had
1,055,al3 francs, the Soeete Generate IL 92A, s2s
francs the Bank des Depots ct f5omptes Gonrantt
e,526,I5S francs, the Credit sgrcole 2,4l4 2Sl
francs, the Sous Compiler du Commerce ct dt
pIndustrie S59.l76 francs. The Compton d'Es
compte, the Credit Foncier and the Credit Mo
bilier have also in hand sums more or less con
siderable. When peace Is Te-establlshed and CON
mercial prosperity returns there will be capital
work with.
The Bank Of Prussia has reduced its rate 0
bills and advances to 7s9TA % cent. The folloy
ing are therefore the caTrent prices in the leadiu
cities London, 100; Paris, 3A-Sl; Vienn
T-T3; Berlin, -; Frankfort, e-6; Amsterdam
TT: Turin, 6---6 Brussels, 55-5A; Madrid 81
Hamburg. OF ST. Petersburg. 6-6.
Satterhwaite & CO. say: "We have again
report very strong market on the London slo
exchange for aiI descriptions Of American secu
ties Since our last United States 500 bonds ha
improved ID d cent. closing With firm aspect
R9{n6ss Al this price they are relatively