The New Orleans crescent., 1868-05-23

gsu 8rIeans Munsp Rarket.
CEnsOHST OgTIoz, No. % OAnP sYKxsY
Friday Evening Nav % i968

rnoS Evening May q l60b
Affairs in financial circles still rule a
for several weeks past. Money is il
abundant supply aud limited request. Rate
of interest and discount exhibit no alteration
whatever, and the surplus of dormant capital il
becoming entirely too heavy for the gratiticatior
of banks and private parties. There is no dspo
sition manifested to lower rates, however and we
have still TO quote as the asking figures ~ cent
B anDum at bank, and l@l4 q cent. e month out
of doors for short gilt-edged paper aud IO0l2 1
cent. e annum for long dated notes secured by
strictly Al city mortgage.
GOLD AND SILvER-There Is no alteration what.
ever 70 notice in the movement of the precious
metals. Operations in Gold are steadily diminish
ing, and rates are influenced from hour to hour
by the frequent fluctuations of the New York mar
ket, while transactions in Silver cannot be re.
garded as much better than nominal, although the
trIfiing lots offered for sale from day to day are
usually absorbed at l35@l365 for American halves
and quarters, and l4240l434 for Mexican Dollars.
Operations to-day embrace the following amounts
viz: sl4 4,09O. $4,000 and $4,000 Gold at l4OI
425 600 and $40 900 at l402 $1,000, $40 900 and
SIS, 900 do. at l40i Sales Of Silver have been
confined to driblets, and we now quote Gold at
l4O4gl4e4, American Silver l3640 and Mexi-
can dollars l436l434.
FOREIGN ExCHANGE-The movement under the
above heading has disclosed some alterations
since the date of our last regular summary. Of
ferings Of Commercial Sterling and Francs have
been at no time heavy or general, and the
demand on the part of remtters has been of
a very restricted character throughout. Transac-
tlons to-day comprised only the annexed amounts
viz: $1,000 Bank Sterling at 1914. Gl5OO do. at
l543, 10 OO0f. and 0,000f. Bank Francs at ,65f
and so O0Of Commercial do. at 3674f.
DOMESTIC ExCHANGE-The only alteration no.
tceable under the above heading during the week
has been a recovery of the decline submitted by
holders and drawers, as reported 10 our las! regu.
lar review. The supply Of commercial sight and
short sight has been of very restricted charac.
ter, however, and the daily demand on the part
heaD rkahi 10 IT,,
market to-day has been very quiet and inactive !;
purchases by banks aud bankers amount to only
the following amounts, viz: $4,000, $40 900
and $4,000 New York commercial sight at 3 y
cent premium, and SIS, 900 and .25 900 do. at5l6
T} cent. premium.
UECURRENT NOTEs AND SECURITIEs.-The move.
ment in City Notes during the past week has been
OF very unsettled and irregular character. Seye.
raj propositions have been before the municipal
boards for the redemption and extinction of the
city shiDplasters, but strange to saw the COM
munty at large have so little faith in a majority
OF their representatives that the winding up of
me week shows further net decline in rates of
city notes. Ii may not be out of place here to
intimate 10 rather numerous class of our readers
mat they defeat their own interests by crowdnR
Inc market on every announcement of a decline
IN rates, and to this extent contribute TO the ad.
vantage OF spectators. Operations in Louisiana
state and Bank Of Louisiana notes are still wholly
suspended, and the movement in most classes of
stocks and bonds continues at a stand still We
append particulars OF the trliilng sales effected
to-day, viz: $1,000 city notes early in the morn
ing, at 39 q cent discount $32, 600 do. at 3SB,
$4,000 subsequently at 37l and $4,000 at 37f.
Sales OF Stocks embrace 40 shares Carrollton
railroad at SIS Sc.
6PEoIAL DIsPATcHEs.-We are Indebted 10
Che Western Union Telegraph line for copies of
the following private dispatches received over
that route to-day, viz:
Nelo York, May 22-l0 opens at 1891.
10:45 A. M-Gold 1891. COtton-holders ask
advances; buyers operate with caution, holders
asking for middling 3OAc., Mobile 3lc., Orleans
3ltc. Sterling steady. IL Mold 1891. Sterling
nOl@ll0a. Cotton-demand moderate. Prices
firm. Middling 3Otc., Mobile 3lc, Orleans 3l1c. p
M.-Gold 1895. Sterling steady. M.-C0tton-
demand moderate prices firm. Sales 1900 bales.
Middling 30Ac, Mobile 3lc., Orleans 3l5c.
Liverpool, May22-ll:l5 A. M.-Cotton market
steadier estimated sales 1000 bales ;lupands ll4d
Orleans IL ID. Sales of the week AZ 900 bales;
for export 5000 bales for speculation 1000 bales.
Stock on hand 100000 bales, Of which 354 900
bales are American. l:20 P. M.-Cotton market
frmer. Estimated sales 5000 bales. Prices un-
changed. Cotton afoat Az, 900 bales, of which
10000 are American. P. N.-Cotton sales to-
day 5000 bales; prices unchanged.
London, May 22-ll:l5 A. N.-Consos 94i
@94s for money, and 9Sl on account Bonds IA.
P. H.-Consols 93t9934 on account. Bonds NJ