The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-01-18
Esm NrIeans Nunsp Blarhet.
orssonsr osyrc., No. ~ olxr srrrrr,
Friday Evening. Jan. II, lsoa

ffd2y Evening. Jan. IL. l,oa
There has been steady and somewhat ill.,
creased demand for loans and discounts noticea.
BILE since the close of our review of the lth inst
but as the sales Of Cotton and other products for
the same time have been heavy. the general trade
and business of the city steadily increasing and
the payments of maturing obligatiors prompt aud
satisfactory, there has been large Increase ia
the volume OF currency, aud most of the choice
paper offered has been absorbed at previous
figures, per cent. per annum at bank for short
dates, lI@lt per cent per month out OF doors
for do, and lOgl2 per cent per ann1m for city
mortgage notes.
GOLD AID sILvER-The movement in the pre-.
efous metals, but especially in Gold has been OF
very unsettled and at times excited character
since the date Of our last weekly review Offer
lbgs we're az no time heavy, however. but owing
70 frequent violent fluctuations ia rates at New
York, quotations have varied to greater extent
than for any preyiors week from the opening Of
The season. The demand has been fairly active
ffom day to day and the market closes steady
this evening at the quotations below. Sales Of
Silver have been comparatively trifng as the
Offering supply was at no time much be tier thsn
Dominel, and quotations of both American and
Mexican coin have uniformly varied, in accord.
snce with the frequent alterations in the rates Of
Gold. Transactions to-day have disclosed fur
tber decline Of y cent. all round, and the total
sales have been Ell, cted IN the following order
viz $4,000 Gold in the morning at 1889: s25Cj
s9see a. sso dsss $1,000 at
5000 $500 and $4,000 at 1888; aud $500 ssd
$4,000 at 1874. Also, 81, COO Gold checks on New
York at 1901 y cent. premium on Cold Sales
Of Silver included 2000 and $500 Mexican dollsIs
at l404 1000 Spanish doubloons at 1877. on a
standard Of SIS so, and some fifty lots Of Amer.
can coin within the range of our quot4tious,
which now rule as follows, viz: Gold l37461l3S:
American Silver Coin lS2@l33, and Mexican Dol
lars l406llA.
FoRKIGN ExcHAxGE-The amount Of In Foreign
Bills upon our market during the past week has
been heavier than heretofore, owing to increased
Turchpefa n for fear ia tic IT.
demand hiss also been fomewhat more general
than previously. however, aud rates have not only
varied In accordance with the fluctuations ia Gold
but the changes have frequently been of a much
more violent character. Operations have at times
been unusually large, and the amonnt OF ship.
ments to New York for a market hes exhibited a
steady decrease. To day the operations have been
exceedingly light, and we can only report the sub
joined actual sses, viz: $4,000 Clear Sterling Bills
at 1907, $1,000 and $500 do. at l5c1, $4,000 Bank
do. at price that has been suppressed 20 OOof,
70 ,o0Of. and 5000 1f. Commercial Francs at S0f.
lO,OOOf. do. at 3.1o4f, and IS 000f do at 3.77lf.
We now quote Bank Sterling at l521l525, Clear
Bill a. 150@l5l, Bill OF Ladng Bills at lf91l5O,
Bank Francs at 3.72t0D3. 70f, and Commercial
Francs at 3.S0l3.75f.
DOMESTIC ExcHANGE-The movement under
the above heading has disclosed no marked
alteration of any kind during the past week.
Offerings have been ample throughout but at no
time excessive, and the demand has been restrict
ed with slightly upward tendency of rates. We
annex the principal operations today as follows,
viz: $4,000 bankers sight at . y cent. discount;
$4,000, $500, SIS 900, $40 600, s42 500 aud $780,.
CSC do. at 1l'l6 u cent. discount; $40 900 do. at
I u cent. discount; $4,000 twenty days do. at IL
" cent. discount, and $50, 900 sixty days do at
III II cent discount. Rates still rule at q
cent. discount at bank, and IL l6C0l3 l6 " cent.
discount out of doors for sight checks on the
Northern cities.
UHCURRENT NoTEs AND SECURITIES move.
ment in the later to-day included sales of 10
shares City Rsroad stock at l70, and Is do. at
sxrIf Ia l.
sales Of 5000 and $500 small City Notes at "a 40
cent. discount; $1,000 do. at ~ cent. discount;
$500 do. at 81 ~ cent discount; $1,000 do at 81 n
cent. discount; t25, 900 large do. at l21@l3 b
cent discount; $4,000 do. at l23 ~ cent. discount;
$1,000, 5000 and $4,000 do. at - f3cent. discount
and $4,000 do. at 49, u cent. discount. As will be
seen by the actual sales, rates Of small City Notes
have further declined since our last whilst those
OF the larger denominations have materially ap-
preciated.
sP,cIAL DrsParcHss.-we are Indebted TO
% ~. Western Ininn Telegraph line for copies of
that route to-day, viz:
Netc York, Jon. ITO A. M-Gold opened at
1881 1880 A.N.-Gold 1885. Cotton market dull
bat prices unchanged. sterling Exchange de.
clined TO 109S@ll0t. l2M.-Gold 1872 Cotton
market quiet; holders ask an advance; buyers
operate with caution; low middtings 1870; mid
diiDgs l7c., Mobile l7lc.. Orleans l72c. Sterling
steady. 3P.s.-Gold 1880. Cotton market very
strong; tales to-day $500 Dales; quotations nomi
nally UNCHANGED. Sterling steady. 5-20's 1861,
coupons 1924; 5.20's, 1s62, coupons. 1904; 5.20s,
1854 coupons. l07; 20's, 1850, coupons, los;
8 2o's new issue, coupons, 1864; sos, new Sc.
res, 1867 1854; 10 40s. 1929; sos, second seres
1854: 1905, third series, 1864.
Liverpool, Jan. l7-ll:l5 A. M.-Cotton market
fTmer. Estimated sales 1900 bales. Uplaads
72d. Orleans 72d. Sales for the week $4,000
bales for export II coo bales; for speculation
5000 bales. stock on hand 434 900 bales of which
III ,0c0 are American. l:2O P. M.-Cotton market
buoyant. Sales Estimated at $4,000 bales. |
Quotations nom nally unchanged. 8 p. N-Cot- |
ton market active. Sales 20 900 bales. Uplsnds |
I'D. Orleans sd. .af.-f e -.-.i. 49, 40
London Jan. 17-10:50 A. M-Consols 92I "a |
1913. Fwetwenties ~ l:20 P. N.-Consols ana |
bonds unchanged. Five-twendes, 7l3. 5P.N-
Consols l92l0lsSb. Five.twenties III.
wTEKLY COFFEE sTATEMENr.-The following
review Of our Coffee market for the week end |
irg this evening il from the circular of Mr.. H. T
LOnsdale, coffee broker, viz: .
ImpOrssffo RIO de Jsneiro, from LIST July 1866 |
to 3Oth June, 1857 81 ,0lS bags; same period pre-.
viOus year, a ,055 bags; Increase 10 lS66-67, |
3G,95s bags. Arrivals this week-Jau. IL, brig |
Music, to J. l.. Phipps a Co.. $500 bags; brig
Music, TO Dymond Lally, 1000 bags. Total, $500 |
bags Imports from LIST July last, TO date. 6s,s44 |
bags. Sales during past week: Excl \. Thayer,
6Ss bags, az l64@l6sc.; exMsry E. Rich, 35S |
bags at l6s@l64c; ex-Music. TAG bags, at l65c.: |
ex Charles Henry, 20 bags. at l62c. Total i2I2 |
bags. Stock made up follows j. L. Phpps q /
CO., A1C5 bags; Elliott a McKeeyer, 1924 1
bags; Chaffraix Agar, 1850 bags; Rodo-
canachi FraDgbiad, 1884 bags; Sikenstadt 4
Co., $500 bags; G. westfeldt, 26l6 bags; T.
siockmeyer, $500 bags Dymond & LalIy, |
s54 bags. Total, 346O3 bags. Gold quo. /
taIion this day, 1879. NsrkA: Prime to /
choice, l6a@l7c., gold duty paid fair to good /
fair, l53@l6e:, gold duty paid; common, lac,
gu S'' I