The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-11-28
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SATURDAY MoRsINa, NOVEMBER %. ISIS
Bsw Orleans yloneg Warhet.


Friday Evezing. Nov q. 1868 !
The money market has exhibited but little, IL
any alteration during the week ending this even
ing. The volume of currency has been consider.
from New York and other points, and the prospect
is now encouraging that we shall hear no more
complaints of scarcity of change in either the
city or the country. The banks and outdoor cap
italists are still apparently very anxious to invest
in choice paper, but owing to the recent heavy
sales of produce and the liberal payments for
merchandise, the demands for accommodation are
daily diminishing, and parties are now seek
ing other sources for investment OF their sur
plus funds. Rates of interest and discount have
disclosed no marked alteration, however, and we
again repeat previous quotations, as still compris-
ing the governing figures. viz ID cent. u annum
at bank and l@l4 " cent y month out OF doors
for short gilt edged paper, and lO9l2 g cent. ~
annum for long dated notes, secured by strictly
AL city mortgage.
GOLD AND SILvER-Unusual steadness has been
the most prominent feature Of the specie move.
ment during the past week. Offerings OF Gold
have been ample throughout, but the demand has
been only moderate at best, and was confined al
most exclusively to business purposes, rates gen.
orally ranging closer than heretof re TO those OF
New York. In Silver transactions have been con-
for American halves and quarters. and 2lD2& per
cent. premium on Gold for Mexican dollars.
Operations to-day embrace the following amounts,
viz: $1,000 and $4,000 Gold at 1856, $500 and
$4,000 do. at 1851, and $4,000 do. at 1855.
Nothing reported In Silver. We nov quote Gold
l34IM135l; American Silver coin l334Gl34, and
Mexican dollars l373@l3sl.
FOREIGN ExCHANGE-A slight improvement in
rates has been the only noticeable feature 10 the
movement under this heading. Offerings OF CON-
mercial Sterling and Francs have been ample
throughout. but the demand has not been better
than moderate at any time. Transactions to-day
embrace the annexed amounts, viz: fl200 bank
v In he az q.
in the day at l46J $4,000 private bankers do. at
146i; $4,000 and $4,000 Al commercial do. at
l46S; fl2 600 do at 1867; f2500 and f7500 do. at
l464; fs00O do. at l46lGl46a. and $4,000 and
f25O0 do. at ll5l; $4,000 bank Francs at 3s5f.;
80 600 private do. at 3.s6lf $4,000, 100 900. lOO
coo and 200 600 commercial do. at 3.S73. We now
quote hank Sterling l46l@l46l, commercial do.
l453@l46, bank Francs 3.S7a G3.S64f., commercial
do. 3.90@3.6S3
Domestic ExcHAYGE-we have but little varia-
ton to notice in the movement in Domestic Ex-
change. There has been slight Improvement in
the demand. and the supply OF commercial sight
and short sight has been ample throughout, while
rates have been more uniform than during any
previous week of the season. SEQ 900 Al com.
mercal New York sight at sic y cent discount
SIS 600 do. at ZIG q cent. discount, SIS 900.
$50 600 and 100000 do. at u cent. discount,
$50 600 and $500 600 do. at 7-l603 u cent. dis.
| u cent. discount and $4,000 item days do.
at 1 u cent. discount. We now quote 40s II
cent discount at bank and 7-l605 q cent. dis
count out of doors for sight checks ON the North
ern cities.
UNcURRENT NoTEs AND SECURITIEs-There has
been very unusual upward movement Id all
classes of uncurrent notes, stocks and bonds since
| our last weekly review. The market has been at
no time better than moderately supplied with any
| description, while the demand has been active,
steady and general throughout. Ia fact, prices 10
| some cases have gone far beyond any previous
snticipations of holders, and the market closed
very stiff to-day with decidedly upward tenden-
| cy even for the previously most neglected classes
| referred to under the above head. We annex par
| tculais OF the actual sales to-day: $4,000 city
notes at 80 per cent. discount; SIS, 900 city ten
per cent. bonds at 74f@754c. q dollar; S2S ,00I
| city warrants at coo. . dollar; 200 shares Louis
lana State Bank stock at 224; 249 do. at 22i zoe
do. Crescent City Bank at Is, and 40, l07 1000 aud
1900 shares Jackson Railroad stock at Sc IS.
SPECIAL DIsPATCHEs.-We are indebted TO the
| Western Union Telegraph Lima for eopies OF ths
following private dispatches received from tina
| route to-day, viz:
| Nelo York, Nor. 27-10 A. M.-Gold opened a
| 1855. 1890 A. M.-Gold 1851 Cotton, quiet ba
steady; middlng 254c., Mobile 253c., Orleans
| 25lc. Sterling 1895 @ll0l. II M-Gold 1885,
Cotton quiet and steady; middling Oslo, Mobile
| 254c., Orleans 2S4c. sterling steady. Heavy
snow storm in New Foundland. No cable receive
at New York. P. M.-Gold closed 1851. Cot
ton market inactive; prices dropping. sales to
day 1900 bales middliDg 25@254c.. Mobile 25l@
259c., Orleans 253@25lc. Sterling lOsi@ll0{