The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-10-17
1ew Orleans Moneg Warket.
CREscxsr OFFICE. No. "a Ckxr srryEr, |
Friday Evening. Oct 10, 1858.

CEFSCx1I
Friday Eveaing. Oct l6. 1858 }
We have but little alteration to notice 10 the
Money market during the past week. There was
a fair demand for discount. but in some Instances
il has been difficult to cell paper on the street on
account of the accumulation Of produce in ware
house on which receivers have been unable to
realize. Offerings of first class notes have been
only moderate, aud readily accepted by banks
with only limited outside supply. There Is no
variation to notice In rates, and we still quote
per cent. per annum ct bank and l0l{ per cent.
per month, out Of doors for strict gilt edged pa
per, and l00l2 per cent. per snnum for long
dated notes secured by strictly A city mort
gage.
been TO q moderate extent, but rates, owing to
the scarcity of offerings have ruled from to per
cent. above New York figures, instead OF and IL
per cent. below, as last week. Sales OF silver
have been to an unusually limited extent at 2403A
points below gold rates for American halves and
u and 81 per cent. prem. above Gold rates TOR
Mexican dollars. Transactions to-day comprise
only the following. viz: $4,000 Gold at 1910
1888, 1900. $4,000, $1,000, $4,000 and $4,000 do. at
1888: $40 600 do. at 1881 $1,000. $1,000, $1,000 and
"a 500 do 1884, and So 900 sellers option, ten
days, at 1884. Sales Of Silver are confined to
$1,000 American halves at 1851. We here quote
Gold at 137i@l3S, American Silver coin l35QlS6,
and Mexican dollars 4l@i423.
FOREIGN ExcHAHGB.-The movement inisterling
and france has shown q fair degree of animation
but during the first few days rates were easier,
| New York, while later in the week they ruled
more in favor Of sellers and drawers. Total oper.
| atoms today embrace the following, viz: $1,000
bank sterling at 1904; ftoo do. at $50 $4,000
do. at $50; 500 do, and f500 Al commercial do at
l49S flOOO do. at l49a; $1,000 do. at l49i fj0Oo
| do at l494; f2O00 do. at 1887 $4,000 and So
900 Al commercial francs ct 3.sll; $4,000. 80 600,
| and $50 600 do at 3.s29. We now quote bank
bank francs 3.7s4G3.77A, and commercial do. S.sz3
| as Sl4.
has been the only quotable alteration 10 the move
ment under this heading since our last one,lnss
of commercial sight and short sight have been
| fair, and on Saturday the market disclosed con
siderable buoysncy, but has since remained que,
| and steady. Total purchases to-day by banks and
bankers comprise only the subJoined amounts VIZ W.
count SIS 900, SIS 900, $4,000 and $50. 900 com
| mercisl do. at y cent. discount, $4,000 do. o
5-l6 % cent. discount, aud $4,000 DO. at Is cent
We still quote per oep, ou as Of aao1
fer sight checks on Northern cities.
UrcuRRKNr NOTES AND SECURIrIEs-City note
continue inactive and rates slightly easier. Iher'
was come little inquiry for Louisiana State notes
and some considerable sales have been made a
75c. ~ dollar. Some 10 per cent. city bonds ar
in moderate request at advanced rates; bat IN
movement in all classes OF Stocks is suspended
Total operations to-day embrace levee bond q
&c., 1000 city ten per cent. bonds at ESQ.,, 5000 &c
at 6s2c., and q small amount of Louisiana Stat
warrants at Csc. u dollar. City notes are quote
at 36a@S73 y cent discount
she Western Union Telegraph line for copies Q
the following private dispatches received froi
that route to-day. viz:
Ne,o York, Oct. 16-10 A.M.-Gold opene
1879. 1880 A. M.-Gold 1874; Cotton-deman
moderate prices firm Middling 253c., Mob
JIG Orleans acc. Sterling l0sf9lI6. IL NJ
Gold 1874. Cotton-demand fair; prices firm
Sterling steady. sP.M-Gold closed 1879. Go
! ton-demsnd fair. Prices firm. Sales to-day 20'
, bales Mddling 25Ac., Mobile 2s}c., Orleans 26c
now quiet. Sterling steady.
LirapoOl, Oct. ls,5li:l5 A. M.LCotton stead
Estimated sales 10 900 bales; uplands lOid. Q
leans ia. sales of the week Sc 900 bales; Il
. export is 600 bales; for speculation IL 600 bale
q stock on hand 4O7 900 bales Of which 81. goo q
a American. lao r. M.-Cotton market STEADY
: demand fair; prices unchanged. Estimated sal
! 10 600 bales. Stock sfoat 4s2.0O0 bales, Of viii
!. 1900 are American. 81 4 a,
2Os. ex-dividend. 77s. l:2o p. x.-Consois ~
9li. 5.2os, 7si. -sss re