The New Orleans crescent., 1868-01-14
afm Orleans @unep Glarhet.
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Monday Z gening, Jan. Is, 1853.


Monday Evening. Jan. Is. 1865. !
The most important feature OF the movement
in financial circles tc-iay has been an extraordin
aIy advance in rates OF Gold and Fo eing Exchange,
which was exclusively due to the up ward tendency
of the former in the Northern markets. Gold
opened at New York this NOR " at 1891, ag iinst
1871. the closing figure Saturday evening. At
ii AN. twas quoted al l39. At IL N. Il ruled at
l392. At 2P. ". il stood At 1891 and at P. ".
il closed at l40, thus showing a net advance on
the operations OF the day Of 2! II cent. Rates in
this market have also materially appreciated,
though not TO the extent Of the New York
figures. There YVES fair though at no time
heavy demand noticeable throughout the day, and
as the prices offered induced several private
holders 10 disclose their reserves, the sales for
the day show moderate excess as compared
with previous returns for some time past. We
annex particulars OF the principal operations as
follows, viz $4,000 and s25 900 in the morning
at lJ730Il3S4 $50 900 at 1884,, $40 900 at 1881,
$4,000 at l3St, $1,000 and 1900 at 1885,, $1,000 and
$l 600 az 1881, and some riing lots at l39. Sales
OF Silver comprised $1,000 American halves 6t
1929, and 1890 Mexican dollars at lill. The rul.
ing figures this evening were l3s41l39 for Cod,
l3290l334 for American Silver coiO and l4lGl4Z
for Mexican dollars.
FOREIGN SExcHANGE-Despte the fact that 9ter.
ling and Francs. which are sold exclusively for
Gold in the Northern markets have dis closed al
teratiOn whatever in rates at New York day quo
tatiODs here have been advanced fully 2G13 points
all round and in exceptional cases the appreca-
-
ply was light throughout, however, and as the de-
mand was Il no time active OF general operations
have been restricted TO the appended sales, viz:
$4,000 commercial Sterling, deliverable in ten days
at l5Ol, Gll00 do, delivered this morning. at $50,
fs00O do. at l50l@l50}. f3500 do. at 1909, f3O)O
choice clear do. at 1871 $1,000 bank do. at an ex.
ceptional rate 100000. commercial Francs at
3.f75f rs 0O0E DO. at 3.76lf and 10 000f, 25 000f
25 O6Of, 5OOOOf., and so 0O0f. bankers do. at
3.75f. Figures are too unsettled this evening to
give reliable quotations, and we can only refer TO
The following, therefore, as approximat ng rates,
viz BSnk Sterling nominal clear bills l5l50l52l,
bill Of ladiDg bills l5Ot0l5lt; bank Francs
3.723f.@3.7l4f., and commercial Francs 3.7jE@
3.734f.
DOMESTIC EXCHANGE There is no quotsble
variation Of sDy kind 20 report IN the movements
under the above heading Offerings have been
fair and the inquiry was moderate to-day. We
annex the principal sales as follows. viz $4,000
bankers sight on New York at 3G9ll-l6 u cent.
discount, 10000 $4,000, $4,000, 100000 and
$40, 600 commercial do. at ll-l6 u cent. discount
$4,000 do. at ( u cent. discount, $40, 900 do at
l-lG@l II cent. discount, $1,000, $4,000, sl2,5O0
and $40 coo do. at u cent. discount, aud $1,000
do at u cent. discount. Quotations still rule at
u cent. discount at bank, and ll.l60l3 l6 Z
cent, discount out Of doors for sight checks onil
Northern cities.
UNcUKEENT NOTES AND sEcURIrIEs-The only
sale Of Stocks or Bonds reported 20 US to-day
was one Of 20 shares City Railroad Company at
IFS and operat Ons in Uncurrent Notes. although
indicating Increasing frmness in city issues, ex.
Libited continued inactivity, as VIII be seen by
the appended statement of the total sales, viz:
$1,000 and $4,000 small city notes at q cent. dis
count $500 and $4,000 do. at % a. cent. discount,
$4500 large do. at IA u cent. disc 1unt, $1,000 do.
st 1890. f} cent. discount, and $1,000 do. at l33 B
cent. discount
BANK ELECTIONS stockholders of the
Bank Of New Orleans elected an entirely new
directory to-day, and those Of the Merchant
Bank elected hree and two old directors, "a
will be seen by the reports OF proceedings IN our
advertising columns. Both banks we learn, are
10 resume business Immediately under very
favorable auspices.
SPECIAL DisPATCHEs.-We are indebted 10
the Western Union Telegraph line for copies OF
the following private dispatches received over
that route to-day, viz:
Neto York, Jan. l3-l0 A. M.-Gold opened
at 1881. 1850 A. M.-GOd l39. Cotton market quiet
but steady; quotations nOmnally unchanged;
middngs lG30lGlc.. Mobile l63c., Orleans l7lc.,
good midding l79@l74c. Sterling ll00ll03.
ll:55 A. M.-Gold 1895. Cotton market quiet bat
M-Gold 1897. Cotton holders asking higher
rates: buyers operate with caution; middling
16l0l7c.. Mobile l7c., Orleans l7lc., good mil.
ding lS@lSlc. Sterling steady. P. M.-iOld
closed at l40. COttOn-demand moderate prices
firm at previous quotations. sales today 200
bales. Sterling steady.
IiUe1pOOl, Jan. l3-ll:l5 A. M.-COtton-de-
mand active; uplands advanced l i60id. EstI.
mated sales 20 900 bales. Uplands 74I7s1. o.
leans 75d l:2O P. M.-COttOn-demsn1 is active
AID prices advanced Id. sales 10000 bales. Up
lar ds 73GgTbd. Orleans 7t@7}d.
London, Jan. l3-ll A. M-Cons0ls 92s6D023
for money, and 922 on account. l;2O p H.-Uou-
soils 923 for moneys dve-twentes, 7lG7l3.