The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-06
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Friday EvsninR. Juneo. iooa

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Friday E.snins. JuDss 1893 !
IT,. r,esent week has been marked by steadily
fncre asng inactivity In all financial departments.
The daily collections at bank have been Light rs
there Is but little business paper maturing at TINS
seasor but the supply Of currency continued
besvv. and the demands for accommodation were
of an unusually restricted character throughout.
At the same time rates of interest and dlscount
have undergone no change whatever, and we sgaln
repeat previous figures merely for reference, now.
ever viz: 8 ~ cent. per annum at BANK and leglt
a. cent. per mouth out Of doors for short, gilt edged
paper, and lO0l2 " cent. per annum Tor long
dated notes secured by strictly Al city mortgage.
GOLD AND sILvER-The daily operations In Gold
since the date of our last weekly summary have
been of more restricted character than hereto
tofore, as there was but little inquiry at any time
noticeable for shipment to the interior. o. on the
part Of spectators but with limited offerings
throughout, and generally high ruling hgures at
New York, prices in this market have been uni
formly well maintained. Sales OF Silver have
been light, as the offerings were at no time sum
cient 20 attract special notice; but the few lots
thrown upon the market have been absorbed at
36d4 points below Gold rates for American halves
and quarters and 26D4 ~ cent premium on Gold
for Mexican dollars. Operations to-day have
been confined to the following amonnis viz
$4,000 and $1,000 Gold at 1891; $4,000. $4,000,
$4,000 and $4,000 do. at 1891. Sales OF Silver
have been confined TO $500 American halves at
1854. We now quote Gold l393Gl40. American
silver coin lS5f@l36, and Mexican dollars 1880
FcREIos ExcHAxeE-wiih moderate increase
in the purchases of cotton on foreign account, the
supply Of Commercial Sterling aud Francs has
been somewhat augmented during the week end
ing this evening. The demand was for the most
part steady, and rather general throughout, how
ever and the total offerings we're absorbed from
day TO day at full and firm figures, owing to the
high ruling rates Of the New York market. The
total transactions to-day are confined to the ap-
pepded amounts, viz: $500 Bank Sterling at l55
fl5OO AL Commercial do. stl53s, 40 0OOf AL Com
mercal Francs at 3664f., Is OOOf and 70 OOOf. do.
at 367Sf and rs, 000f. do. at S.683. We now quote
Bank Sterling at l54a@l55, Clear Bills 1854 4,
Bill Of LAding Bills l52a0l53 Bank Francs $3.50
362kf., and Commercial do. 368}GD3 664.
DOMESTIC MISUNDERSTANDING increasing Ian
puor is the most noticeable feature of the Domes-
tic Exchange market. Offerings of commercial
sight and short sight have become nearly ex'
hausted, and as the purchases OF Cotton FOL
Northern and Eastern account have almost
wholly ceased. we cannot look for any immediate
heavy accessions TO the present supply but the
remittance demand has undergone correspond
ing, or perhaps greater abatement, and rates
steadily incline in favor of buyers. The tcta
purchases to-day by banks and bankers embrace
only the following amounts viz: $500 New YorE
commercial sight at b cent. premium; SIS ,0OC
and $50, 900 do. at 1 ~ cent. premium; soOOO 90
three days sight at 1 y cent. discount; slO.OOI
sight on st. Louis at I % cent. discount, anC
$4,000 do. on Louisville at u cent. discount
we still quote / y cent. premium at bank am
par6D4 u cent. premium out OF doors for sigh
checks on Northern citee.
UNCURRENT NOTEs AND SECURITIEs-There ha
been some increase in the movement in city note
during the week, but rates after having slightly
improved fell back again. Operations In LOU
sana State and Bank Of Louisiana notes hav
been but little better than nominal, and tTansae
tons in most classes Of Stocks and Bonds hay
wholly suspended. We append particulars Of tn
trifng sales reported Today, viz: $1,000 city note
at IS a cent. discount, $1,000, 5000 aud $4,000 do
at 3s4. and $500 do. at SSl D cent. discount; on
$40 bond at ll0A.