The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-23
Ghe Seu ORLEANS Crescent.
Hew Orleans HOneQ Rarkei.
CDsJzsr OFFICE. No. % OLxr srEyxT, y
"Wednesday Evening. Jan. % l66s

The movement in financial circles to-day has
disclosed no material alteration of any kind. Gold
has been in limited supply and demand through.
out and despite the fluctuations reported from
-Four TO hour in the New York market, rates here
have been comparatively steady aud uniform.
The total sales comprised onlv.sj0o0 10000 sl0,-
coo end sl2 Goo at 1874 aud $1,000, $500 and 1900
at 1873. Sales Of Silver have been restricted 70
come tridiDg lots Of American Coin and Mexican
Dollars within the range Of our quotitonT which
still rule as follows. viz: Gold l374Ql35 Ameti-
can Silver Coin l3lt0lS2t and Mexican Dollars
l4O0l4Oi.
FOREIGN ExcHANGE-Sterling and Francs con-
tinue quiet but moderately firm. offerings are
more ibsn ample and the demand indicates but
little II any Improvement. The ssles since our
lest included flCC0 Bank Sterling in several lots
for direct remittance at 49, f2O00 and $4,000 Pri-
ysie BsDkers' do. at 1909, f35O0 A / Clear do. at
1909, flCcO and $1,000 do. at $50; Is Co0f. Sight
Frsncs at 5.l6H for Gold. l5.OOOf. Bankers 60.
days at .75f, rs co0f and rs C00f. do at 3.775f.
aud $40 COO aud IS ,OCOf. Commercial do at s75lf.
We repeat quotations ss follows, viz: Bank Ster-
ling l5la0l52a. Clear Bills l5O@l50I. Bill of La
ding Bits l49@l49l, Bank Francs 3.722G3.70 and
Commercial Francs 3.S0i0l375f.
Domestic EXCHANGE-rhere is no variation
whatever 10 notice In the movement under the
above heading. The market is fairly but not ex.
cesslvely supplied aud the demand Is fair bat not
so heavy or general as IN times past. The pur-
cbases BY banks aud bsukers to-day have been
restricted 10 The appended amounts, viz: $40 co.,
s22 eco. t25. 0cO and s27 500 private bsnkers' New
York sight at .. cent. discount; $4,000. $1,000;
SIS eco, $4,000, s25 COO and sJ5 900 commercial
do. at II l6 u cent. Discount; 5000, 10000
and SEQ co do. at / e cent. discount; 5000 st.
Louis sight at y cent. discount; $500 ten days
Louisville sight at II Il cent. discount; 5000
New York thir.y dys' eight at the same, and
$1,000 tbitty dsys' do. at2 u cent. discount. We
still quote q cent. discount az bank and ll-l6n
Is 10 a cent. discount ont Of-dooTs for Sight
Checks on The Northern cities.
UNCURKENT NOTES AND SECCMTIEs-The de-
nand for city aud state notes has exhibited some
abatement to-day. ard rates of all descriptions
indicated a decidedly downward tendency. The
supply on sale was ample 70 meet all Ordinary re-
QuiIemenis, and the inquiry throughout appeared
10 be restricted TO very limited number OF buy
ers. We annex particulars OF the principal sales
as follows, viz: $1,000, $500 end $1,000 small city
issues at II cent. discounts $500 and $4,000 do.
at a cent. discount; $1,000 large do at IL n
cent. discount; 5000 aud 5000 do. at III u
cent discount; $1,000 do. at l2l Il cent. discount;
$l2C0 do. at l2s u cent. discount $4,000 do. at
l2l ~ cent. discount; $4,000 Louisiana State notes
at rs u cent discount end some smaller lots Of
The latter at retail at 25O25- Il cent. discount.
Nothing has trapsDiIed in Stocks or Bonds siu,e
last snd the movement in this class Of Securi-
tics may still be considered suspended.
SPECIAL DlsPATCHEs.-We are Indebted TO
the Western Union Telegraph limo for copies of
the following private dispatches received over
th Il route to-day, viz:
NelC York, Jan. 22-10 A. Mold opened 81
l39. 1850 A. H-Gold 1894. Cotton market dull;
Sterling l0gsll0I. l2M.-Gold 1894. Cotton mar
ket finn. Irices a shade better but not quotably
higher. Sterling steady. 2:20 P. H.-Gold 1879.
Cotton in good demand prices advanced. Low
middling l640l63c., middlng l7@l74c., Mobile
171c., Orleaus l740lsc., good middling lS!c.
Sterling steady. P. N.-Gold closed at 1898.
COtton-Demand moderate; prices firm quota.
tions nomlually unchanged.
liverpool. Jan. Pill A. H.-Cot,on market
eesier. Estimated sales 10000 bales. Uplands
7i@7ld., Orleans 7I@sd. l:20 P. N.-Cotton
market steady. Sales today II 900 bales. Prices
nominally unchanged. 5P,M.-Cotton nominally
unchanged.
London, Jan. Pill A. H-Consols 922092E
for money, 92I for account; 5-2O's 7l5G72. l:2)
2. M.-Consols 92E 5.20's 7ll. P. N.-Consos
92.@92I; 6-2O's 7l5.
TRADE MARKs-A case before our supreme
court is interesting, because of the question at
issue, which is how far mans mere name shall
be protected 10 trade. although common sense
might make one suppose there should be no doubt
about il.
Mr.. Andrew Coates, Of the firm of Bates &
Coates Of Philadelphia, and of Glasgow, Scot
land, had for many yesrsimported and sold In New
York end elsewhere In the United States, linen
thread, covered by wrapper, bearing his name
aud q designation Of the article. II is true that
be afterwards and now sells his thread covered
by deliberately engraved embems, and carrying
also perfectly distinctive trademark.
Messrs. Benjamin shsen & Company. Of this
city, have for some years caused to be imported
the words I. Coates Superior Patent Linen
Threadn
Now, II is admitted that this 7. Coates had no
representative 1t was claimed aud acknowledged
TO be a fancy and not real designation.
Suit was brought by Coates against Shaen Il
Company TO restrain them from selling or lie Iling
~ sny linen thread wrapped in any wrapper having
thereon or connected Herewith the word Coates,
or T. Coates, or T. Coates Superior Patent Linen
Thread. and a preliminary injunction order was
QTanted hy Justice Leonard.
A motion was made 10 dissolve it; Nessrs.
StckBey and Whpple appearing for the defend.
ants. Benjamin Shaen & Co., and Charles rremain
and Mr.. Charles Edwards and Ext Judge Bosworth
for Andrew Coates. 1t came on before Judge
Ioerahsm. He upheld the injunction 30 far as re-
garded the name Of Coates, or Coates, or Coats,
expressing himself thus: 90 am of the opinion
that man has tight 70 use his name upon his
goods as a trademark, and TO be so far protected
therein as 10 prohibit snOther, not of the same
name from selling his goods under that name.
Such On act may be eDjoined. In the present cae
the defendants have no right 10 use the name of
Coates upon an article made and sold 10y the
plaintiff under lis own nsme and 50 far they
should be enjoiued by Injunction"
New York Evening Post Jan. g.