The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-12
Ssm Orleans Munsp ,RarAf,.
0s.sossI oErre.. No. - oAyy s-...

osSsossT oFsicz, No. % OIYp s-xrs,.,
Saturday Evening. July H. 1903
The money market is yerv inactiva ca
opened at New York this morning at I4IJ against
I4Ob the closing rate yesterday. At 1890 A. NJ, il
was quoted atlil. Atl2:l5 P. NJ. it again stood at
TAI /, and at P. NJ. II closed at I4It Our market
has been very stiff to-day but with limited de.
mana ana supply, operations have been re.
strlcted to the appended amounts, viz II: $500
Eold at l4O4 $4,000 do. at ll0S $4,000 aud
$40 900 do. at l4O5. Sales of Silver embrace Ila0
Mexican dollars at 8 u cent. premium for Gold
SZ5OO do. at las $500 American Silver halves al
J34 and $1,000 do. at 1854. We now quote Cold
4@l4O3 American silver coin l350l3G and
Mexican dollars ll436l45.
FOREIGN ExcHANGE-There is no alteration
whatever TO refer to in the movement of SterIing
and Francs, except further slight stiffening 81
rates. Onerlngs OF commercial foreign bills are
still of very limited character while the rant
lance demand, though moderate does not indicata
any approach to general or active inquiry Tbe
following are the only actual sales of which We
nave received reliable returns since our last viz:
f60O bank Sterling at l56; $500 do atIlOf for cola.
9l5UO Al commercial do. a. l54 and 100 OO0f. ham,
Francs at 3.65. We now quote bank Stsrling AZ
1928 q 1876 clear bills at l5440l55 bill of Iadjng
commercial do. at 3.6S2G3.664.
DOMESTIC EXCHANGE = Operations under the
above heading have exhibited moderate activity
To-Day at still higher rates. The offering supply
Is neht throughout, and the remittance inquiry as
IL not unusual on Saturdays was in excess of the
average Tor several previous days. We annex
particulars OF the principal purchases by banks
and bankers as follows: S2j 900 New York bank.
ers sight at q cent premium, $40 600 do. atpar,
tlOOOO one day sight at par, $4,000, SIG 900
SlSOOO and $4,000 sight at I r cent premium.
5000 five days sight at I T. cent. discount and
$2OOO sixty days date on Evansville, Ind at
u q cent. discount. We now quote s94 % cent.
premium at bank and par to 1 y cent. premium
out OF doors for sight checks on the Northern
cities.
UNcuRRENT NoTEs AND sEcURrTIEs-City notes
are still depressed. Louisiana State notes are
somewhat hrmer. Bank of Louisiana issues are
wholly neglected. and operations in the general
run OF stocks and bonds disclose but little if any
alteration. The total sales to day included the
following amounts, viz $500, city notes at AZ,
S3O0O $4,000 $4,000, sl7 900, So, 500 and s25 900
do. st 4l4. $1,000 and $1,000 do. at Ala, and $4,000
do: at Ala ~ cent. discount. The Improvements
IN Louisiana State notes is attributed to the intro.
ductiOn in the House of Representatives of this
State yesterday Of the following resolution which
has already had first and second reading, viz:
JOINT RESOLUTION TO aid in the restoration of the craat
Of the state Of louisiana and the redemption of State
WHEREAS The State of Louisiana has issued
its circulating notes to a considerable amount
which have not been redeemed, and no provision |
has been made for their redemption; and
WHEREAS, The said notes are now greatly de. |
preciated in the hands of the people of this |
state, 10 their serious injury and loss, owing to
the fact that no adequate measure for their re. /
demptiOn has been adopted; therefore,
Be Il reSOlUed by dte Senate AMI House of /
Representatives. Of the State of Louisiana IL |
General Assembly cOnUeled, That the notes of /
the State OF Louisiana issued in pursuance of |
law be hereafter received by the State treasurer i
ana state tax collectors at par in payment of all
taxes and dues payable to the State,
1t is not generally anticipated that the above |
will be pressed TO conclusion on Monday but it |
is thought modified substitute for il will be car
Tied at an early day.
nPKoIAL DIsPATcHEs.-we are Indebted TO |
the Western Union Telegraph line for copies of
the following private dispatches received from
that route to-day, VIE:
Nelo York, july lilo A. M.-Gold opened l4l.
1880 A. NJ Gold l4O Cotton market quiet
and weak; middling S2ic., Mobile 323c., Or.
leans 32}c. Sterling ll0S@ll0}. IL Motion
market quiet and weak. Quotations nominslly
unchanged. Receipts of the week SIS bales.
Gross 5000 bales Receipts at all U. s. ports for
week 5000 bales. Sterling steady. 1918 P. M
Gold l4l4. Sterling steady. P. M.-GOld l4lt. |
Cotton market quiet but steady. Sales 1900 bales.
Niddlng 324G323o., Mobile 523, Orleans 32lc.
Sterling steady.
Lirapool, July ll.-ll:l5 A. M.-Cotton mar.
ket quet-estimated sales 5000 bales. Uplands
llt@ II i'd, Orleans ll}@ll4d. P. M.-Cotton
market closed quiet. Sales to-day 5000 bales.
Uplands llI@ll4d., Orleans ll}9ll3d.
SALES OF REAL EsTATE.-As an indication of
the present value of city property, we would
quote the following sales from G. Z. Girardey
x Co.'s report of the past week, viz:
Residence on Magazine, between Second
ana third streets. SIS, 900
Cottage on Terpsichore, between Camp and
Magazine streets. ...'.................. $500
Cottage and two lots corner Rousseau and
Third streets. ..................... 2,O25
Undivided of square on Peters avenue. S2j
Square E in Carrollton, near New Canal. 500
Threes story brick house, No. IL Bourbon,
near Canal ........., ............' - 500
A lot corner Gravier and Bolivar streets. l525
Half square in Greenville, corner Nsyades
and Pine Observation-Disclosures. 1900
A tract of land in Natchitoches parish. 400