The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-09-23
AUCTION SALES THIS pAr.
9em Orleans yflunep Marhet.
CHzscExr OFFICE. No. % cIHP STREET,
Tnasdar EHehinx Sert. q 1853

No. 81 CAMP STREET
Tuesday EveAng Sept- %, 1868. !
There has been very little alteration to notice in
the movement in financial circles since our last
Currency is abundant, but the demand for accom-
mediation on the part Of business men exhibits
moderate decrease. Rates of interest disclose but
little alteration and we still quote as the ruling
figures, s per cent per annum at bank, and a
per cent. per month outof-doors, fer short gilt
edged paper. and l0Gl2 per cent. per annum for
long dated notes secured by strictly Al city mort
gage.
10 notice in the movement under this heading.
Offerings of Gold have been small, and the de-
mand has been almost entirely for Gus ON house
purposes. Rates, however, owing 10 the decline
in New York, have disclosed prOportionste fall.
ing OF. Silver has also been very quiet, the few
lots changing hands at 697 points below Gold
rates for American Halves, and 34G44 per cent.
premium on Gold rates for Mexican dollars.
Operations to-day comprise the following. viz
5000 Gold early in the day at l4a!, $4,000 do.
at l4ll, $40 000, 10000, and $4,000, and 1921 600
do l4ls, and $4,000 and $4,000 do. at l4lt
Sales of Silver are confined TO q small lot Of
American halves at 1871.
FOREIGN ExCHANGE-Has exhibited moderate
degree of animation, but rates, owing to further
decline In gold and exchange in New York, have
been unsettled with still further tendency in
favor Of buyers. Offerings of Commercial Ster-
ling and Francs have been fair though not 10 ex-
cess. To-day offerings show still farther
increase, and with no Improvement 10 the de-
mand rates have undergone heavy decline.
Total transactions embrace the following, viz:
81 900 Bank Sterling at l56. fll00 sight do. at
I36. els 600 Private Bankers do. at Isl. $500
do. ct 100 for Gold. f4000 AL Commercial do.
at l54. 100000 Bank francs at 3.6Ss. Rates are
still too unsettled for reliable figures. but we give
the following as nominal: Bank Sterling l559l553,
and Bank Francs 3.6Sl03.67s.
DOMESTIC EXCHANGE-Since our last review has
been inactive and rates unsteady. Offerings Of
commercial and short sight have been moderately
lair, bnt the demand for remittance has continued
OF a very limited character. Total purchases to-
day by banks and bankers comprise the follow
ing, viz $50, 600 New York commercial sight at
ZIG ~ cent. discount; $4,000 and SIS, 900 do. at
u cent. discount. and Sl20, 900 bankers do. in
lots at y cent. discount. We still quote 1 y
cent. discount at bank and sGt y cent. discount
DOT Of doors for sight checks on Northern
cities.
UNcuRREST NoTEs AND sEcURIrIEs-we have no
alteration TO refer TO in the movement Ia city aud
State notes. Bank of Louisiana notes continue
wholly neglected and the movement in all classes
of stocks and bonds is partially suspended. Trans.
actions under the above heading to day embrace
the following, viz $1,000 city notes at 35i % cent.
discount; 80 shares Jackson Railroad Company
stock at Sc 10 shares New Orleans City Railroad
Company stock at 1851, and we hear of a lot of
rs shares Bank Of Orleans but all particulars
were withheld.
SPECIAL UIsrArcHEs.-we are Indebted to
the Western Union Telegraph line for copies of
the following private dispatches received from
that route to-day. viz:
Neto York, Sept PHO A. M.-Gold opens
1433. 1890 A. M.-Gold 1884. Cotton market
dull; prices unchanged; Middlings.lstc. Mobile
26lc.; Orleans &c. Sterling declined; l0SiG
lO9l. 12M.-Gold 1923. Cotton dull and nominal;
Middlings 2eie.; Mobile 26Ac.; Orleans 26ic.
Sterling steady. 3 P. M-Gold closed at l42s.
Cotton market dull prices lower; sales to-day
500 bales; MiddliDg &c.,; Mobile 26l;.; Orleans
263c. Sterling steady.
liverpool, Sept. hills A. N.-Cotton
market easier though not quotably lower. Estim.
ated sales 5000 bales; Uplsnds 1Oid.; Orleans
lOld. l:20 P. M.-Cotton market dull; quota
tons unchanged; estimated sales 5000 bales. 5
P. M.-Cotton market dull b; sales today 5000
bales Upland l0d.; Orleans l0ld.
London. Sept. 22.-ll.l5 A. M.-COnsols %.
5-20's 72j. l.20 P. M.-Consols 9il 5-20's un-
changed. s M-Consols "a 9944; 5-20's 72s.