The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-02-15
gm Orleans EronsQ 11arRst.
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uEIss.sr oy,Ios. 10 ~ CIkr srSHEr,(
Friday EVENING. FED. Il. 1873. )
There is no rev feature Of any kind to refer to
in the condition Of the money market. Capital
steadily accumulates at bank and in the hands Of
private parties. Payments Of accruing Oblga-
tiops are effected with unusual prOmptltude, aud
The demands for accommodation exhibit a very
material dimiL utiOn Ell round. Rates still role
heretofore, however, s y cent per annum az
bank and l0l4 u cent. per month out OF doors
for short gilt edged paper, and l00l2 & cent. per
annum for choice long dated or city mortgage
NOES.
GOLD AND SILvER-There has been considerable
activity noticeable in the Gold market during the
greater part of the week, aud operations for sew
ersl days were the heaviest for the season. Rates
for time disclosed a rapidly upward tendency in
accordance with the ruling Of the New York mar
ket, but for the last two days they have as rapidly
TeCedsd, and the market closed quiet This evening
at the figures IN our gold table. Silver has been
in but merely nominal supply during the week,
and the few triGing lois offered for sale we're uni
formly taken at a reduction Of SIiO y cent. on
Gold quotations. To-day the market has been
more unsettled than at any previous time during
the week. as will be seen by the annexed report
of the actual sales, VIZ: $1,000 and $1,000, ia the
morning ct 1879; $1,000 5000, SIS 900 AMI 900
at 1885, $40 600 and $4,000 at 1884; 5000 and
$40 coo al 1885, $1,000 aud $1,000 at 1891; and
$500 80 600 aud $40 600, after the receipt Of tie
latest dispatch, at 1893. Sales of Silver cOm-
prised $500 American Halves, by broker, at 1884,,
and some trifing lots Of Mexican Dollars within
The range Of our quot.fiOns. which now rule as
fellow, viz: Gold l394Gll394; American Silver
Coin Ij30l3l and Mexican Dollars 1904.
FoBEIGS ExCHANGE-There was heavy bus'-
ness transacted in Sterling and Francs during the
early part Of the week at a material advance
upon last weeks closing quotations. Within
day or two the demand has considerably abtied
however, and with marked decline in Gold rates
have receded with unusual rapidity. Offerings
weIe ample throughout 10 mees all ordinary
quiremehts, as most Of the heavy purchases Of
Cotton during the week were on foreign account
Operations 10 day have been exceedingly restric-
ted, as will be seen by The subjOned statement Of
actual sales, viz: flsO0 Al Gle r Sterling at 1853,
42jOO bill OF ladiug do. at 1924, $4,000 d.. az l52.
80 C00E, As 0o0f., 80 000f aud IS 0O0f. bankers
Francs at 3T2f., 50.000f. and IS DOOR. do. at
735f., and Il DOOR. and 800 commercial do. at
3.7jf. Quotations are exceedingly unsettled this
evening, and can only refer to the GLOWING as
spprOXimatHg figures, w: Bank Sterling nom
iual clear bills l52Gl5 bill OF lading bills l5l5D
1921 bank Francs nominal. and commercial
Francs 37j@373i.
DOMESTIC ExCHANGE-The movement under the
above heading has been of very restricted
character sinre the close OF our last weekly re-
view. Offerings have generally been fair. but at
no time heavy or excessive, while the demand
bss been quite limited thr sughout from the open.
in of the week. Rates have uniformly ruled at
u cent. discount at bank, and ll.l6Gl3 lG q
cent discount out Of doors for sight checks on the
Northern cities. Operations in short sight and
tine bills lave been too light to establish quota
tons. The sales to day have been lim ed TO the
following amounts, VIZ; $4,000 bankers New
York sight in lots, at u cent discount; SIS 600
$4,000, $4,000, $4,000, ass coo aud 100000
Commercial do. at ll-l6 = cent discount, aud
$500, $40 coo and s2j 600 do at I p CEN. dis
conut. We still quote y cent. discount az bank
and 1I166l3.l6 Il cent. discount out Of doors
for light checks on the Northern cities.
UNLURRENT NOTES AID SECURITIES-The only
sale OF the latter reported to-day, was IS shlres
Crescent City Railroad stock at 10, while opera
tons in the former have been rather light at about
previous figures, as will be seen by the following
to- of aptugl laipa viz tiQ00 small
issuts At II cent. discount; $1,000 do. at 81 d
cent. discount $4,000 do. at 81 Il cent. discount;
$500 do at G u cent discount, and $500 large
do. at l25 " cent. discount The ruling rates t.
dly we're sac n cent discount for ones, twO's
aud three's, and l246l35 y cent. discount
fye's tens and tweIt,s
BOARD or BRoKEBs--sales last evening, $3.50
and $4,000 Gold at 1891 $4,000 and $1,000 large city
notes at ia discount Nothing quoted Ia stocks.
bPECIAL DIsPATCHEs.-Me are indebted TO
the Western Union Telegraph line for copies OF
the following private dispatches received over
Nelo York, To. l4-IO A. N.-Gold opened at
l4O. 1850 A. N.-GOld 1904. Cotton-market
dull; holders anxious to realize; low mddling 1910
I9lc., middliOg 204 02O3c., good middling ago
2l5,., Mobile 2Oa42O4c, Orleans 2lc. Stell az 1914
MilOI. l2B-GOld l40{. Cotton market dll (;
prices nominal. Sterling steady. P. N.-God
l4O7. Cotton market dull; tending downward
sales 1000 bales; prices entirely nominal, no
ouutabe change. Sterling steady.
LiUepoOL. Feb. 4-ll;l5 A. H-COtton market
quiet; estimated sales 5000 bales; uplands SD;
Orleans SD. Sales of the week ll4000 bales.
Sales for export rs 600 bales. Sales to specu-
lators 10 600 bales. stock on hand 2SS,OO0 bales,
OF which 900 are America. l:L0 P. NJ
Cotton market easier; sales l0,0Co bales. Cotton
sdost for Liverpool 600 bales, Of which
100000 are American. 2. M.-COtton m r6et
fiImer; sales l0,CCo bales uplsuds s4GS.d.; Or
leans s4WS4d.
London FEB. IA Ills A. N.-Consos 934.
Fiye.twentcs r. 1:2O 2. N.-ConsOs 93tQ9i B.
Five.twentes 7Zt@72l. P. H.-Consols 954.
Fiye-twentes 72t.