The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-31

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Thursday Evening, July 80, 1903

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Thursday Evening. July 3d. 1903 y
There has been nothing done in the Money mar.
ket to-day that calls for special notice. Gold
opened at New York this morning at l4ti, against
1444 the closing rate yesterday. AT 1880 A. NJ.
was still quoted at the opening figure, and at P.
N. it closed at l445. The movement in this
market is still restricted owing to the reduced
character Of the supply and demand, but rates
steadily tend upward, as will be seen by the sub
joined statement of actual sales. viz: $1,000 Gold
AZ lI4l $4,000 do. at l44l; $1,000 and $1,000 do. at
144k, and $4,000 do. at las. Sales of Silver have
been confined TO driblets and we now quote Gold
at l44301I45, Amer can Silver at l360l37, and
Mexican dollars l47}@l48.
FOREIGN ExCHANGE-Rates of Sterling and
Francs disclose further upward tendency, owing
TO the rapidly advancing tendency of the New
York Sold market; but as the supply of CONNER
cial foreign bills is almost wholly exhausted, and
the demand on the part of remitters shows ma
terial abatement, operations since our last have
been confined to few trifling amounts at the
subjoined figures, viz: Bank Sterling l59kGl60,
clear bills l5Sl5s3 bill of ading bills 1910 l573,
bank Francs 3.573@355f., and commercial do.
3.62313 6slE.
DOMESTIC ExCHAEGE-There is still no altera.
ton TO refer TO in rates of Domestic Exchange.
The Offering supply of commercial sight aud
short sight is of too trifng character TO affect
quotations; and as the remittance demand con-
1iuues limited, previous figures are but barely
maintained. The annexed statement comprises
the total purchases by banks and bankers to-day.
VIZ: S4UUO, tlUuuU anu 30 ,UUU new OK COM
mercial sight at u cent. premium, $1,000 do. at
~ cent premium, s27 900 private bankers
do. al u cent. premium, and $4,000 Gold check
At ~ cent. premium. We still quote
u cent. premium at bank. and I0l " cent. pre-
MUM out of doors for sight checks on Northern
cities.
USCURRENT NOTES AND SECURITIES City notes
are weaker and inactive. Louisiana State notes
are also fiat. Bank of Louisiana notes continue
wholly neglected; and business in the general
run of Stocks and Bonds is still partially sus-
pended. We append particulars Of the total
sales for the day as follows: $1,000, $4,000 and
$4,000 city notes at SO q cent. discount $4,000
Louisiana State notes at CSC. % dollar Jackson
Railroad bond, coupons on, at 70; 100 shares
0pelousas Railroad stock at 50 l2t, so shares
chanics and Traders Bank stock at $40 % %
share.
SPECIAL DIsPAToHRs.-we are Indebted to
the following private dispatches received from
that route to-day, viz:
Neeo York, july 800 A. Mold opened at
1442. 1880 A. M.-Gold l44l. Cotton dull and
nominal. Middng 294@2g4c., Mobile 29tc.,
Orleans 29lc. Sterling ll05@ll04. .M.-GOld
closed lI4B. Cotton dull and nominal Mddling
29029Ac., Mobile 291c.. Orleans 29lc. Sales to-
day 400 bales. Sterling steady.
Liverpool, july 30-ll:l5 A.. M.-Cotton mar
Eet steady. Estimated sales 5000 bales. Uplands
3D., Orleans 9ld. Shipment from Bombay to
Path inst, 5000 bales. 1:20 P. NJ Cotton market
steady. Estimated sales 10, 900 bales. Prices
sales today 10000 bales. Uplands 93d., Orleans
9ld.
London July 3O-1l:l5 A. M.-Consols 94l,
BIOS 72IG721