The New Orleans crescent., 1868-06-12
Hsm orleans Honsp Warhst,
OErsonsr OFFICE. no. - OAny sfzrsf,
ThursdaY Evening. June ii. looa


THURSDAY Evening. June IL. 1904
Nothing has transpired since our last 70 aIssi n
the condition Of the money market GOlu mas
cold higher, owing to the upward tendency OF
rates al New York but as the demand aud supply
were of A restricted character throughout, ope-
ratlons show a limited aggregate, as will be seen
by the appended statement of actual sales, VIZ
sfOOOO gold at l39i; $1,000, $4,000, $4,000 and
5000 do. at 1899; $1,000 and 5000 do. at l39B;
$1,000 and $4,000 do. stll40. Sales Of silver have
been confined TO driblets and we now quote Gold
l393dl40, American Silver Coin l35C1l36, and
Mexican Dollars l4S40l43l.
FOREIGN ExCHANGE-There has been mode
rate inquiry for Sterling and Francs TO day, but
as holders and drawers demanded enhanced hgures
on account of the advance in gold at New orK,
operations have been restricted TO the subJoined
amounts, viz: $500 bank Sterling l55; f2OO0 and
fl000 Al commercial DO at l533; lO,OOOf. private
Francs at 1865; 20,000f. do. at 3.664 l2,0OOf. Al
commercial do. st 3.674. We now quote Bank Ster
ling l54S@l55, Clear Bills l5S39l54, Bill OF Ladng
Bills l52Gl52a, Bank Francs 3.65@3.624:. and
Commercial do. 3.6S4@3.674f.
DOMESTIC ExcHAEGE-The movement under
the above heading has disclosed no alteration Of
any kind since our last. Offerings OF Commercial
Sight and Short Sight are still OF comparatively
limited character while the remittance demand
exhibits steady abatement all round. The an.
nexed statement embraces all of the principal
purchases by banks and bankers during the day,
viz $4,000 New York Commercial sight at Z q
cent premium, $40, 600 do. at u cent. premium,
500 600 and SIS 600 1 days Sight at lie u cent.
premium; $4,000 and $40, 900 Is days do. at y
cent discount and SIS 600 and $40 900 30 days do.
at a. cent. premium. We stii quote f8 cent.
premium at bank and par to u cent. premium
out tofdoors for Sight Checks on Northern cities.
UNCURRENT NOTES AND SECURITIEs-The
change in the city administration has had favor
able effect upon the City Currency. Rates have
considerably advanced within the past two days.
Holders appear to be less willing to sacrifice them
and the demand for all denominations exhibits
very noticeable Improvement. This IL certainly
an auspicous opening and we trust that before
the close of their term the new representatives Of
the interests of the Crescent City will have fully
restored her credit and financial character. Lou
isiana State and Bank of Louisiana Notes are yet
hopelessly neglected, and operations in most
classes Of Stocks and Bonds still remain wholly
suspended. We append particulars Of the actual
sales 10 day, viz: $1,000 City Notes at 81 ~ cent.
discount $4,000 do. at 36 So 900 do. at 36l, $lO.
Levee Bonds at 434 and 1000 and 1000 shares
jackson Railroad Stock at So net
pPEOIAL DIsPAT0HBs.-Me are indebted 10
the Western Union Telegraph line for copies Of
the following private dispatches received over
that route to-day, viz:
Neto York, June lilo A. M-Gold opened at
1891. l0:45 A. M.-Gold lao. Cotton market in
active prices dropping; nominally middng 299c.,
Mobile 29lc., Orleans 300. Sterling ll04GllOs.
3P.M-Cotton market fat and weak; entirely
NOMINAL prices unchanged; sales to-day zoo bales.
Sterling steady.
LiUeTpool, June 1l.-ll:l5 A. M-Cotton mar
ket quiet estimated sales 5000 bales uplands
IL 3D., Orleans llad. l:20 P. M.-COtt)n market
declining; no prices given. 5 P. M-COtton-
sales today 5000 bales uplands afoat I'D;
uplands IL 3D.; Orleans IL ID.
London, June Il-ll:l5 A. M.-Consols 95095t
for money and 95t01s54 on account. Five.tWen-
ties 72!. P. M.-Bonds 72i@72l.