The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-03-12
Asm Orleans ynontu Marksi.
OxssoxST oryIox, NO. ~ Olny STREET..
Wednesday Evening. March IL, 1854

Wednesday Evening. March ii. 1888 J
The most prominent features of the market 10.
dsy have been a further decline In Foreign and
a corresponding advance 10 the rates Of Domestic
Exchange. Gold opened at New York this morn
ing OF 1893 against 1895, the closing rate yester-
day. At II A. NJ. it still quoted at the former
figure, and at IL NJ. II ruled at 1891. After meri-
dan no dispatches bad been received up to the
close Of business. The price 10 this market has
ranged steady from l40l@l40A, and the demand
ard supply have been restricfed throughout, We
append statement Of the actual sales as follows
Viz: 900 at 1l0i61l403; $40 900 at 400; 5000
Of l4Ol@llO5 $500 and $4,000 at 1904 and a
$40 600 Gold check at p cent. discount. Sales
Of Silver included $500 American Halves by a
broker, at 1859, and some triiing lots Of Mexican
Dollars within the range Of our quotations, which
American Silver coin lSiGl36, and Mexican Dol.
lars st I42@l43.
FoREIGN ExcHArGE-Increasing weakness Is
still the leading feature Of the movement in
Sterling and Francs. The market Is amply sup
Piled and the demand is fair, especially for IA
yofite signatures, but prices continue to recede,
nevertheless, and slight falling of in rates at
New York today has not tended 10 impart add
fioDal confidence to buyers.s We annex the prin-
cipsl sales since our last as follows, viz: f2c00
bill Of ladrg Sterling at Isl; fl50o do. at 1914 !;
1850 do. al 1919; and 65 O00f., lC0,0O0f. aud
75,000f commercial Francs at SYST. We now
quote hank Sterling at l5230l53; clear bills
81 JINGLE; bill of lading bills at l5I0l5li I;
Francs at 3.7746D3 75f.
DoMFsrIc ExcHANoE. The movement under the
above heading has disclosed unusual frmness TO-
day. Tie market was bat very poorly supplied
with commercial at best, and the inquiry on the
part Of remitters was fair though not active or
general throughout. Rates have been still further
enhanced, and it is intended to put the bank
checking rate on New York up to par at some
counters 10 morrow morning. rbe purchases by
banks and bankers today comprised the follow
ing amounts, viz: 100000 commercial New York
sight at is q cent. discount; $4,000 and $4,000
DO. at y cent discount; $4,000 do. at y cent.
discounts 5000 do. at b cent discount; 500 900
bankers do. at 5-l6 u cent discount; 900 and
s35 600 bank do. at 4 ~ cent. discount; $4,000
ten days sight at q cent discount and $4,000
thirty days'at II y cent discount. The closing
figures this evening were I u cent. discount at
bank and 5-lG@7l6 q cent. discount out Of doors
for sight checks en- the Northern cities.
UNcuRRENT NoTEs AND SEcURITIEs.-There was
rome little inquiry for city notes this morning, and
few small sales were effected. early ia the
day at previous figures. Owing to ground
lees and mischievous rumors towards the close Of
business they became very heavy, however, and
quotations this evening could not be regarded as
better than nominal. We append particulars Of
the few operations which have been brought to
our notice, as follows, viz: $4,000 small city issues
at l53 q cent. discount, 5000 do. at l6 u cent.
discount, $4,000 do. at the latter figure, $500
large do. at Ia e cent. discount and $500 do. at
is y cent. discount. Nothing has transpred in
SECURITIES al private haie To-Day.
BOARD OF BRoKERs.-The following sales were
effected at last nights session of the Brokers'
Board. viz: $1,000 gold at l40g, $4,000 at l40l,
$4,000 at l40.
GREAT SALE OF LOUISIANA STATE BoSDs AT
PUBLIC AUCTION The Effect of Radical Rude
Hon Er-GOU. Wells has improved the Financial
Credit Of me State of LOuisiand.-To finaaciers
and capitalists, who should be thoroughly posted
in such matters, il is unnecessary to say that pre-.
vious 10 the war no securities on this continent
ever stood higher in the general market than
those OF Louisiana. But to what degradation
radical rule has reduced us may be inferred from
the following To-day one of our most popular
auction firms offered for sale at public outcry 353
bonds, $1,000 each, OF the State of Louisiana, and
<42 $780, matuTed coupons, upon the same. These
bonds were all dated July, 1866 payable in twenty
years from date ct eight per cent. per annum IN
terest, with coupons attached. payable semiannu-
ally. and are known and recognized as Ex-Gov.
Wels's pet bonds. The attendance at the sale
was large. The aucti0neers faithfully discharged
their duty, and the result will be seen in the ap-
pended statement, furnished for publication:
Sales by Messrs. Michigan & Bassetti March IL,
1865: