The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-06
IAN Orleans Monsp Rarhsi.
Dr-sclsr OEyloz. 10. ~ OAnr syKnsx,
Wednesday Evening. August s. 1858.


Wednesday Evening. August s. lssS !
The principal feature in the general money
market to-day is 9 still further advance In the
lstes Of Gold and Silver. Gold opened in New
York this morning at l474 against l46A the clos
ing rate yesterday; at IL M it stood at l472, aud
at 5 PM closed at 14S. The movement 10 this
market has been of q very limited character.
The amount of cash Gold offering is light. as
most parties who have small lots to dispose
anticipating a still further advance, do not seem
anxious to sell in the present state Of the market
Actual sales have consequently been confined to
the annexed amounts. viz: $500 Gold at I47l,
$1,000 do. at l47t, $1,000 and $4,000 do. at l4S and
$500 do. at l4Sl Nothing reported in Silver
We now quote Gold at l4S@l4sI.. American Sill
yer coin at l37QlS7s, and Mexican dollars at
l5Oa@l5l.
FoREI6s ExcHAYeE-We have no Improvement
to notice In the movement in Sterling or Francs
Rates, however, owing to the heavy advance ia
Gold, disclose q still further upward tendency.
offerings OF commercial bills are very light, while
The demand by remitiers continues Of a very re.
sulcted char acter, as will be seen by the sub
loined actual sales today, viz; fS6OO bank Sterl
ing at ll0l for Gold; l0,OOOf. bank Francs at 345
2O0OOf. do. at 3.479; l0O,00Of. bankers do. at
so. We now quote bank Sterling l624Gl63
clear bills l6lQl6l3 bill Of ading bills l590I59t
bank Francs 3.475G3.46, and commercial do.
3.52A@350.
DOMESTIC EXCHANGE Remains inactive. Offer.
ings of commercial sight and short sight are very
light, while the demand for remittance pur.
poses discoses no increase whatever. Purchases
by banks and bankers to-day comprise only the
annexed amounts, VIZ $4,000 New York CONNER
cial sight at par $4,000 and $40 900 do. at y cent
premium; $40 900 and SIS, 900 do. at 1 y cent.
premium; $4,000 Gold check at D cent. premium;
$500 do. at u cent. premium, and $500 sixty
days sight on New York at II D cent. premium.
We still quote y cent. premium at bank, and
tg4 u cent. premium out Of doors for sight
checks on Northern cities.
UECURREST NoTEs AND SECURITIES notes
are inactive and weaker. Louisiana State notes
are quiet and rates declined, while levee state
bonds are in fair demand at full previous rates.
Bank OF Louisiana notes continue wholly neg
lected, while the movement in all classes of stocks
discloses no Improvement whatever. Actual
transactions to-day embrace only the annexed
amounts, viZ $1,000 city notes at SO q cent. dis.
count; $1,000 and $4,000 do. at IS a cent dis
count; $500 Louisiana State notes at 7l4e Is and
20 levee State bonds at 5Sc.; 20 do. at oslo. and
so do. at 5sAc. y dollar.
SPECIAL DlsPAToHBs.-We are Indebted to
the Western Union Telegraph line for copies of
the following private dispatches received from
that route to-day, viz:
Nelo York. dug. SO A.M.-Gold opens I47I.
l0:45 A. H-Gold l474. Cotton market inactive:
prices dropping; nominay middling 3Oc., Mobile
3O4c., Orleans 303c. Sterling ll040ll0f. Pm
Gold closed las. Cotton dull and lower. Sales
today 500 bales; middling 29lc., Mobile 5Oc., Or
leans 3Olc.-entrely nominal. Sterling steady.
Ltrdpoot, Aug. 5-ll:l5 A. M.-Cotton de- |
Ginning. Estimated sales 5000 bales. Uplands |
Estimated sales 10 900 bales. Quotations uu. |
changed. M.-CottOn market easier. Sales
g, day 5000 bales. Uplands 9l@9ld., Orleans 81 |
GlOd,