The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-05
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onzsozsr OFFICE, 80 u Okzr srxrsr
Monday Evening. May 4. 1858 !
Financial circles have presented o-day none OF
the hustle and excitement which we we're want
TO see on the fret and fourth of the month in ante
bellum times. Obligations now maturing at bank
are Of very restricted character all round, and
debtors in most cases find it comparatively easy
20 cancel their promises TO pay. Gold opened at
New York this morning at 1897, against l39s, the
closing rate Saturday. At III A. NJ. aud IL N. Il was
quoted at 1894, and at3P. NJ 1t closed az 1891. The
demand in this market has been Of but a barely
moderate character throughout, and with Only
limited supply on sale operations have been con
fined 10 the appended amounts, viz: 5000 aud
$4,000 Gold at 1901, $1,000, $1,000, $500. $1,000.
$1,000, $1,000 and 5000 do. at l40l, and 5000 do.
AT l40A. Sales Of Silver comprise $1,000 American
halves at 1856, 1900 Mexican dollars at 1884. and
5000 do. at l43. We now quote Gold 1910 ll0l,
American Silver coin l3j49l36, and Mexican dol
lars at l43Ql43l.
FOREIGN ExcHAHGE.-The movement in Ster-
ling and Francs has disclosed no alteration of any
kind since our last. Offerings of Commercial
Bills indicate but little, II any, Increase aud the
remittance demand continues Inactive. We sub
Join tie particulars Of the principal operations
ported 10 day, viz: $500 Bank Sight at l55. fl2O0
Bank Sterling at l541 $1,000 DO. At l54l 600 do
atl53l, $500 Clear Bills atl53, CISCO al Bankers
Bills at l53 $1,000 Clear Bills at l52l $1,000 do. at
49, 80 OO0f. Bank Francs at 67A, ~ ,0O0f do. az
6sl and 0,OOOf. AL Commercial Francs at 3.7Of.
We still quote Bank Sterling at l530l54A, Clear
Bills l52Gl53, Bill Of Lading Bills l5iA1l52
Bank Francs 3.6Sl@3.674f., and Commercial do.
3.7ll@3.70.
DoNEsric ExcHANGE-There is noimaterial va.
ration Of any kind to refer to in the movement
under the above heading. The supply Of com
mercal sight and short sight shows a rifling in-
crease, while the demand upon the part OF remit
ters continues as for several days past. We
annex a statement Of the total purchases by banks
and bankers to-day follows, viz: $4,000 and
$1,000 New York commercial sigh at prem; 5000
$40 600 and sl3 900 do. at y cent. prem; s3OOJ,
$4,000. $4,000. $4,000. $50 600. $50 900 do. a.
3-l6 u cent. prem. and $40 900 sight on Boston at
4 q cent. prem. We still quote D cent. premium
at bank and 36Il u cent. premium out Of doors
for sight checks on Northern cities.
UNCURKENT NOTES AND SECUgITIEs-City notes
still TetTOgi ade. Some holders are pressing their
supplies upon the market, and ia the absence of
any regular demand spectators absorb them on
the most favorable terms they can exact. LOuis
ana State and Bank Of Louisiana notes are At
standsill, and operations in all classes Of Stocks
and Bonds continue wholly suspended. The only
transactions Of any kind effected under the above
heading since our last were $500 city notes at
800 5Beent discount $1,000 at 81 d cent. discount
and $500 at 80 u cent. discount. At the Satur.
day evening session Of the Board Of Brokers
$1,000 small city notes sold at 80 u cent. dis
count.
IMPORTANT DEcIsIoN.-We invite attention TO
the decision pronounced by Judge Emerson in the
Third District Court to-day, which will be found
in another column under the heading Of City Of
a
present writing we have only time to say that the
conclusions arrived at by Judge Emerson are
eminently just and cannot fail TO give universal
satisfaction to our property holders aud citizens
generally.
SPECIAL DIsPATCBEs.-We are Indebted 70
the Western Union Telegraph line for copies OF
the following private dispatches received over
that route to-day. viz:
Neto York Nay M.--GOd opens at 1897
10:45 A. Mold 1894. Cotton-demand mode.
ate prices firm; middling &c.,, Mobile 333e., Or.
leans "a. Sterling ll0l0ll0l. IL M.-GJid 1891.
Cotton demand moderate; prices frm; mddling
33c., Mobile 33Sc., Orleans SAC. Sterling ll0E9
llOf. s. p. M.-GOld 1898. Cotton-demand
moderate; middling $780,, Mobile 33tc., Orleans
SAC. Sterling steady.
Liverpool. May -ll:l5 A. M.-Cotton market
buoyant. Estimated sales u 900 bales. Uplands
12id., Orleans l2Ed. l:20 p. M.-COtton market
unchanged. 8 2. M.-CottOn market firm. Sales
to-day $1,000 bales. Quotations unchanged.
London, May 4-ll:l5 A. M.-C0nsols 93l093E
on account and 93b994 for money. Five-twen.
ties 200. 100 P. M.-COnsols and Bonds IN,
changed. 5'P. M.-Consols unchanged. Five.
twenties 70a.