The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-24
BEN erIsaas Munsu Warhst.
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Thursday Evening. July g. 1903
Nothing has transpred to materially alter the
condition OF the money market since our last
Gold opened at New York this morning at 1881
against l43t, the closing rate yesterday. At III
q. M. IT was quoted at the latter figure. At II NJ.
y again ruled at l434, and at P. NJ it closed at
1434. Uniformity in rates is still the leading
Feature of the movement here, and with mod.
erate supply and demand, operations since our
lsst have footed up the appended amounts viz !:
$1,000 Gold at 1874 $4,000 do. at 1879 5000 do.
pit 1924; $4,000 do. at 1929 $4,000, 5000, $40 900
end Sl5 900 do. at 1929, and $1,000 aud $500 do
et l4Zt. Sales Of Silver have been confined to
6riblets, and we now quote Gold at l42&0l43i,
american Silver coin at l369l354, and Mexican
Dollars at l4630147.
FOREIGN ExCHANGE-Transaction in Sterling
hnd Francs disclose but very little, If any, alter.
alton. There Is no increase in the SUNNY of
Commercial bills, and the remittance demand is
stll restricted but rates of all classes are firmly
maintained, and drawers appear TO be Indifferent
hbout meeting the inquiry even at the present
Stringent ruling figures. The subioined statement
Embraces the total actual sales to-day, viz:
70 ,OO0f., 20,000f., and 75,000f. bank Francs at
.573f., and Is 000f Is 000f., and so ,O00f private
bankers do. at 3.5slf. We still quote bank Sterling
15S@l5s3. clear bills l57Ql57a, bill Of lading
bills l55l@l564, bank Francs 3.574, and com.
mercial DO. 3 .63l@3.60.
DOMESTIC ExCHANGE-O offerings Of commercial
eght and short, although somewhat larger than
heretofore, were still of a very limited Character
Today. The remittance demand was correspond.
ingly light, however, and previous quotations
were uniformly maintained. We annex particu.
Jars Of the principal purchases by banks and
bankers, viz: $4,000 New York commercial sight
at II cent. premium, SO 900 do. at 70 cent.
premium, SIS, 900 do. at ( b cent. premium, and
$1,000 ten days do. al ! 81 cent. premium. We
still quote " cent. premium at bank, and l6f
~ cent premium out Of doors for sight cnecks on
Northern cities.
UNCURREET NoTEs AND SECURITIEs-City notes
Ore frmer, with an increased demand. Louisiana
State notes are dull. Bank of Louisiana notes
continue neglected, and operations in the general
gun of Stocks and Bonds are still wholly sus.
pended. The following statement comprises tie
Total operations since our last, viz: 500 900 and
Us 900 city notes at &c. $l3 900 do at $751; $4,000
end $l5 900 do. at 354 SIS, 900 do. at IS, $4,000
DO. buyers option 10 days at S4l, $40, 900 do. at
344, and 100000 Is days buyers option at 344 %
cent discount; $40 900 Louisiana State notes at
6Sc. % dollar, and 40 shares Bank Of New Orleans
stock at $50 q share.
SPECIAL DIsPArCHBs.-We are Indebted to
Die Western Union Telegraph line for copies of
the following private dispatches received from
thst route to-day. viz:
NeIo York, july $50 A. M.-Gold opened at
1434. l0:45 A. M.-Gold l43b. Cotton market
dull and nominal; middling 3lc., Mobile 81 le.,
Orleans 3l3c. Sterling IlO5@llOl. 1915 P. M
Gold l434 Cotton market dull; prices IN
changed. Sterling steady.
liverpool, July 23-ll:l5 A. M.--Cotton mar
ket heavy; estimated sales 5000 bales; uplsnds
103d., Orleans l0E@lld. Shipments from Bonn
bay to 2lst inst, 5000 bales. l:20 P. Motion
market steady; estimated sales 10000 bales;
prices unchanged.
London, July 23-l:2OP P. M.-Consols 945 Bonds
unchanged.