The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-10-10
9em Orleans Nlonep Warket.
CREsczsr OFFICE, No. "a Cant srsErl

CREscKsT OFFICE No. "a Cant STREET.,
Friday Evening Oct 3. 1853 '
The money market during the past week has
been without any material change. The supply
Of available capital for discount Of first class pa
per 10 ample, but is mostly negotiated at the
banks, with only limited outside supply.
Rates still remain unchanged, and We continue
10 quote a. follows: per cent. per sunum at
bank and l@l4 per cent. per month out of doors
for street gilt edged paper. and l0@l2 per cent.
per annum for long dated notes secured by strictly
AL city mortgage.
GOLD AND SILvER-The movement in the specie
market has been quite heavy and rates fuctuated
considerably. The rapid and heavy decline at
times has caused considerable amounts to be
thrown on this market, which have been absorbed
mostly by specuIators sr rates ruling at I1lt
points below the ruling rates at New York. There
has also been some little movement in Silver,
which has changed hands at prices ranging from
81 TO 81 points below Gold rates for American
halves and 394 Il cent prem. above Gold rates
for Mexican dollars. Operations to-day have
been confined to the following amounts, viz:
$4,000 Gold at 1879 $40 900 do. at 1888; $4,000,
$500, 1000, $40 900 and $40 900 do. at 1885,
$500, $500, $1,000, $l400 and $4,000 do. at 1884.
Sales of Silver comprise 500 American halves at
1856. We now quote Gold at 1373@138{, Amer
lean Silver coin l34t@lS5a, and Mexican dollars
l43@l44.
FOREIGN ExcHANGE-There has been fair de-
gree of animation in the movement in Sterling
and Francs during the past week, but at irregular
figures. in sympathy with the course of Gold in
New York. Offerings OF Commercial bills have
been fair, but the unsteadiness OF the market has
prevented large transs actions. Total transactions
odsy embrace fl000 Bank Sterling at 1909, fl5O0
do: at 1904, f4O00 do. at l50 fl5O0 Bill Lsdiog
Bills at l49l 1850 do at 1881, $4,000 do. at l49t.
rs 000f, Bankers Francs at So 000f. so 000f.
and rs 000f AL Commercial do. At 3.s0f., and
0.000f. and $4,000 do. at 3.6l4. We now quote
Bank Sterling at l50@l504 Commercial do. 149@
do. 3.s2A@3 S0f.
. DOMESTIC ExcHAN Offerings Of commercial
and short sight have been only moderate. and at
times barely adequate to meet the increased de-
maDd, but rates have nevertheless exhibited de-
crease of per cent. for those given in our review
Of the Sd inst. Total purchases today by banks
and bankers embrace the subjoined amounts. viz
$4,000 New York commercial sight at 9-l6 u
cent. discount, $40 600 private banks do. at q
cent. discount. $40 OO0 s25 900, $25 900, s30,sO0
$4,000 do. at Is D cent discount and s25 900
bank do. at 7-l6 and $4,000 80 days do. ct u %
cent. discount We still quote 3Gs u cent. dis
count at bank. and t@9-l6 u cent. discount out
of doors for sight checks on Northern cities.
UHCuRREHT NoTEs AND SECURITIEs.-The move
ment in city notes during the past week has ex.
hibited more animation, but at unchanged rates.
louisiana State notes have been wholly neglected
and the movement in stocks and bonds has been
fair, but the particulars for most trans actions
have been withheld. To day operations have
been confined to the following viz: sl0,000 city
notes ct 36i y cent. discount aud IL 0pelousss
railroad first construction bonds at 43 cents q
dollar.
orsoIAL DIsrArcHBs.-we are Indebted to
the Western Union Telegraph line for copies Of
the following private dispatches received from
that route to-day. viz:
Ne,o York, Oct. 80 A. M.-GoId opens
1881. 1880 A. M.-Gold 1887. Cotton market dull
and nominal. Sterling lOs@lo9s. 1l:45 A. NJ
Gold l39. Cotton market frm-holders asking
higher rstss-- Middling 25sc., Mobile 25Sc., Or
leans 26c. Sterling l09l@l0ss. P. M.-Gold
closed l39. Cotton demand active at full prices.
Sales to day $500 bales. Middling &c.,, Mobile
264c., Orleans 269c. Sterling steady.
Lirapo0l, Oct. 9.-ll:l5 A. M.-Cotton market
ste ady. Estimated sales 5000 bales. Uplands
l02d.; Orleans l0sd. Sales of the week 90 900
bales; sales for exports 900 bales sales for
speculation % 900 bales. Stock on hand 427 900
bales, Of which $1,000 bales are American. l:20
P. M-Cotton market steady-nore active. Esti-
mated sales 600 bales. Stock sfoat oil 900
bales, of which II 900 bales are American. s P.
M-Cotton market dull. Sales to-day 10000
bales. Uplands l0sd., Orleans l0ld.
London. Oct. 9.-ll:l5 A. M-Consols 944G9is;
sos 74I.
Harre, oct. 9-Noon.-Cotton market quiet.
Tres ordipaire LES. Evening-Cotton market
dull. Tres ordinaire lbs.