The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-15
Ef,u @rIeaas Ttnnep Market.
UHRsoxsr OFFICE. No. u Oxnr srRxsr,
tuesday EYnninR Ian IA la6s

Tuesday Evening. Jan. a. 1868 !
Steadily increasing ease is still the most promi.
nent feature of the money market. The heavy
sales of Cotton since our last semi-weekly sum.
mary, and the uniformly improving operations in
Produce and general trade have unloOsed an un-
usually large amount of currency, while payments
OF accrued or maturing obligations for the same
time have been OF a more extensive and satisfac-
tory character than had been anticipated both at
bank and in outdoor business circles.
GoLD-Despite the fact that an exceedingly
heavy amount Of Gold interest is payable by the
United states government during the early part
Of this month rates of the precious metals have
advanced at New York almost beyond precedent
during the past three days, and quotations in this
market have kept pace with the upward move
ment at the North. The demand has also been Of
more active and general character than hereto
fore, and the high figures offered tended materially
to augment the supply, as well as the daily opera.
tons: The absence of later adyices from tie
NORM, owing 10 an interruption in the wires, has
somewhat restricted operations to-day however,
but moderate business was transacted neverthe.
less, and prices have kept well up, will be seen
by the appended statement Of actual sales, viz:
$4,000 at 1857 $1,000 at 1885, $1,000, $1,000, $40 900
and $l4 600 at 1872, $4,000 at 1884,, $4,000 at 1890
1884, and $500 at l39A. Sales of Silver included
5000 American halves by broker at 1874, and
some small lots CT Mexican dollars at our quota
tons, which now rule as follows, viz Gold I3S39
1894, American Silver coin l3356ll34B and Mexi-
can dollars l4l36Dl428.
? FOREIGN ExcaANGE-Q Quotations of Sterling and
up even more rapidly and to a greater extent
than those Of gold since our last review of the
market. The supply Of foreign bills has been
light throughout, however, and operations exhibit
but little If any increase, as compared with pre-
Vious returns. The total actual sales to-day CON-
pTised only the subjoined amounts, viz: $4,000
bill Of ladiDg sterling at $50. fl50O do. at 1905,
10000 do at 1907, $4,000, f35O0 aud 10000 do. at
Isl, $4,000 clear do at 1919, f20O0 bankers do. at
1924, 1850 bank do. at 1884, 2O,0OOf. bankers
francs at 3.70f and 5000f and 10 000f bank do. at
3 65f. The closing figures this evening we're 1853
0Dl53A for bank sterling, l5l31l52l for clear bills.
l503@l5l3 for bill of ading bills 3.65@3 COZ. for
bank francs and 3.72tQ3.67sf. for commercial
fIa1cs.
DOMESTIC EXCHANGE only alteration of
any kind noticeable under the above heading is q
slight but not quotable stifiening Of rates. Offer
ings are of less pressing character than hereto
fore and the remittance demand continues re.
stricted and irregular. The total movement to-
day included only the annexed amounts, viz:
sec, 900 bankers sight on New York at / d cent.
discount $4,000 $40 600, $26, 900, s27 900. $4,000
and $40 600 commercial do. at ll.l6 u cent. dis
count $l2 600, SIS 900, s24 900 and $4,000 do. at
I u cent. dis, and 10000 do. at y cent. dis.
We continue TO quote u cent discount at bank,
and lll6@l3 Is % cent. discount out Of doors for
sight checks on the Northern cities.
UNCuRREET NoTEs AND SECURITIEs-There was
but one sale of Stocks or Bonds reported to day,
viz: Is shares Louisiana State Bank at 2j4 and
the movement in Uncurrent Notes has been par
tally suspended, as may be inferred from the
subjOined statement of the total operations, viz
$1,000 small city issues at u cent. discount,
1900 do. at % u cent. discount, $500 do. at u
cent. discount, 5000 large de. at l34 y cent.
discount and $1,000 DO. retailed at Is u cent. dis
count. The supply of all classes of notes is
ample and the demand quite restricted.
LOUISIANA NATIONAL BANK.-It having been
contemplated for some time past, TO reduce the
number of directors Of the above named institu-
tion from twelve TO seven the regular annual
election which was held to-day, resulted in the
selection Of the following named gentlemen as
the directory for the present year, viz: James
Robb, Il. A. Bradford, Jos. II. Oglesby, John NJ.
Witherspoon, w. A. johnson, Sam1 ii. Kennedy,
Henry Hull.
Among the names of those who had previously
sent in their designations we recognize that of or
friend ]. w. Carroll Esq, vice president, who
with great satisfaction to The friends of the bank
as well as the community at large, discharged the
duties of acting president OF the Louisiana Ma
iOnal during considerable period Of its existence
MERCHANTS BANK AND BANK NBw ORLEANS.
We append the.names of the gentlemen elected
directors Of the above named banks, respectively,
on the 18th inst, as referred to in yesterdays
morning CRESCENT:
Merchants BdRk-E. H. Keynes, l.. F. Generes,
*Thomas sloo, @Alfred kearny, John Williams.
*Re.eected.
Bank Of Neto Orledns.--Charles Cavaroc, An
tome Ianata John Gauche, s. Cambon, l.. Blsset,
G. de Ruyter, G. Ledig, U. MarnOni. Z. f. Motion,
+. e. Bernard F. b. Fleitas, l.. B. Pothier.