The New Orleans crescent., 1868-09-06
Aew Orleans Montp yRarket.

cHxsc.r orrrcz. No. "a C.rr sTsxxr.
Saturday Evesins. se-sember 5, 1888.
| The movement of the Money market today has
disclosed no feature worthy OF special remark.
Gold opened ct New York this morning at l44t
against l44, the closing rate yesterday. At II A.
| NJ II was quoted 144s at IL NJ. IL stood at l44{
| snd at 8 p. NJ. Il closed at l443. Operations 10
this market continue restricted, and rates vary In
accordance with the fluctuations at New York.
We append particulars Of the actual sales for the
| Cay as follows viz: $500, 5000 and $4,000 Gold at
l43, 5000 $1,000 $1,000 $50 900 Gold at l4sf 5000
$40 900 do. at l434 $4,000 and $4,000 do. at l43s,
5000 and $1,000 DO. at l43i and $1,000 do. AZ 1881
Sales of Silver comprise $500 American halves st
1877. We now quote Gold l43{0i43i. American
Silver coin l36t0lS7 and Mexican dollars l47i
@l4s.
FOREIGN ExcHANGE-The tendency of rates of
foreign bills is still downward; but owing 70 th Q
restricted character of the supply Of commercial
sterling and francs the banks and private drawers
lower their figures slowly and reluctantly. A few
purchases of cotton for European account would
soon send quotations TO a satisfactory point how
ever; and as remitters know this fact rs well as
we do they are carefully holding back for the au-
ucipated reduction. Operations since our last in
cuded only the suhjoined amounts, viz: fiO0
bank sterling at ITO for gold. $4,000 CONNER
cisl at l56, snd $4,000 private bankers francs at
1874, and rs ,0C0 l commercial do. at 3.63i. We
now quote bank sterling l57Gl57A commercial
1860 bank francs 3.62393.6O, and CONNER
cisl do. 365@3 63l.
DOMESTIC ExcHASGE-There has been a moder.
ate remittance inquiry today. which will increase
doubtless as quotations give way. The market is
now fairly supplied with commercial sight and short
eight, and the supply can hardly fail of rapid &C.
cOmulaton under heavy daily purchases of the
staple for the Northern and Eastern markets. The
principal sales to banks and bankers to-day are in
cluded 10 ihe anne xed statement. $5000 s50OO
5000, $1,000. $40 900, sl5, 900 and $4,000 New
York commercial sight at o cent. discount, $4,000
and $1,000 do at per cent. discount, s25, 900 aud
$4,000 bank do. at par. We now quote par 0I
discount out OF doors for sight checks on Northern
cities.
UNcURRRNT NOTEs AND SECURITIEs-There has
been no alteration worthy of special rem ark since
our last In the movement in City and State notes.
Offerings continue ample, and the dem and is sill
restricted. Bank Of Louisiana notes are wholly
ignored, and the movement In stocks and bonds is
partially suspended. The following are the only
transactions that have been reported under the
above heading to-day, viz $1,000 City notes at
30, $4,000 and $4,000 do. at 334 SIS 900 do at 33li
$40 600 do. at 3 and $40 900 do. at IS % cent. dis
count.
he Western Union Telegraph line for copies of
the following private dispatches received from
that route to-day. viz:
Neto York. Sept SO A. M.-Gold opens l4lI
II A. M-Gold l4i}. Cotton dull and lower; md
ding 293c., Mobile 29lc., Orleans sole. Sterling
lO9t@lO94. l2M-GOd l44l; Cotton dull. prices
unchanged Sales of the week 1000 bales;
gross receipts 1870; exports 1000; stock on hand
$4,000 bales; receipts at all the United States
ports $500. Sterling steady. 8 p. M.--Gold closed
lhl. Cotton quiet and weak; middIing 29lc.,
Mobile 294c., Orleans 29lc. Sterling steady.
LtUeTpOOl, Sept. 5-ll:l5 A. M.-Cotton market
steady. Estimated sales 10 600 bales. Uplsnds |
l0Id. Orleans IL i'd. P. M.-Cottou closed easier.
Sales to-day 10000 bales. Uplands l03d., Or |
cans lid.