The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-10-31
9ew Orleans Monep Market.
CRxscKsr OFFICE. No. "a CAxp srRErr,
Erfdav EveKfng Oct 30 1863

CRyscExr OrFIcE, No. 81 CAM STREET,
Friday Evening. Oct 80. 1868
There is no marked variation to note in the gen.
eral condition of the money market. Offerings OF
choice short paper exhibited but little If any in
crease, and, as heretofore, most of this class Is
absorbed by the banks while the amount offered
ont of doors is scarcely sufficient to establish a
quotation. Strictly AL city mortgage notes are
also in limited supply, and rates OF all de-
scriptions continue TO rule at previous hg-
ures. We therefore repeat as follows, viz /:
8 ~ cent II annum at bank and l0l4 n
cent. - month ont of doors for short gilt
edged paper, and 10@l2 u cent. u annum for
lorg dated notes secured by strictly Al city mort.
gage.
GoLD AND SIIvER-The movement in the specie
market has exhibited heavy variations during the
week under review. Offerings of cash Gold have
been ample, and the demand has been fair
throughout, while rates have fiuctuated in sym.
patty with the ruling figures in New York,
although uniformly ranging from 103 point above
the latter. Silver has been quiet, q few lots
changing hands at lG2 points below Gold rates
for American halves and quarters, and 3934 q
cent. premium on Gold for Mexican dollars.
Operations to-day embrace the following amounts,
viz s25 900 and $40 000 Gold at 1885, 800 900 do. at
135@1354. s470O $4,000 and SIS, 900 do. at 1875!
$780, $1,000 and $4,000 do. at 1884, $1,000 aud
$500 do. at 1851, and 81 do. at 1853. We now
quote Gold l34AGl34}. Amei .can Silver at 1880
1884, and Mexican dollars l370l3S.
FOREIGN ExCHANGE-Has been very unsettled
and irregular throughout Offerings of CONNER
cisl Sterling and Francs have been fair, and the
demand for the most part was moderate but the
heavy fluctuations in God at New York have
caused o very unsatisfactory movement. prices
ruling early in the week with a continued down
ward tendency, and toward the close reacting In
favor of sellers and drawers. Transactions to
day comprise the subjoined amounts, viz: $1,000
private bankers Sterling at l46}; $1,000 Al com
mercial do. at l464@l463; ESQ and $4,000 do. at
l46t; 1880 do. at lac; $4,000 do. at l453. and
$1,000 do. at 10s4@l0ss for Gold; ,000f. and
o& arH prfuo "a nEQr RAJ
DO. at 3.s73. We now quote bank Sterling 1863
al47; Commercial do. l454@l46; bank Francs
3.s79@-. and Commercial do. 800.
DOMESTIC ExCHANGE-The only noticeable fea-
ture in the movement under this heading has
been q slight falling eff in rates. Offerings OF
commercial sight and short sight have been ample
with only a moderate remittance demand at any
time. The purchases to-day by banks and bank
ers embrace the appended amounts SIS 900
and sec, 900 bank New York sight at , $4,000
private bankers, $4,000 and $50 900 commercial
do. at u cent discount; $4,000 do. at sic %
cent discount and $50 900 do. at % cent dis
count. We still quote }@3 y cent. discount at
bank and Jos Z cent. discount out of doors for
sight checks on Northern cities.
UNCURRENT NOrEs AND SECURITIEs-There has
been but little done in any department under the
above heading since the close of our weekly re.
view, the 23d inst City Notes have been dull
and dropping throughout. City Ten Per Gents
have fuctuaied considerably under light receipts.
Levee NEW State Bonds as well as bonds of older
date and various characteristics, have been gene.
rally overlooked, while operations in the general
run of stocks have been almost wholly sus
pended. We append particulars of the total &C.
tusl sales to-day as follows. viz: $1,000 City Notes
at 40c., and some few small amounts do. at AZ u
cent. discount, $1,000 City Ten Per Cent. Bonds at
u, and $1,000 do. 72Ac. u dollar.
SPECIAL DIsPATcHEs.-We are indebted to the
Western Union Telegraph Line for copies of the
following private dispatches received from that
route 10 day. viz:
Ne,o York, Oct. 1910 A. M-Gold opened at
l34s 1890 A. M.-Gold l344. Cotton dull. Prices
unchanged Sterling l09B@ll0s. IL M.-Gold
l343. Cotton demand moderate; prices firm
middliDg 25ac.; Mobile Isle; Orleans Zee. Ster'
ling steady. P. NJ Gold closed lSit. Cotton
demand fair; prices firm. Sales to day 20OC
bales mddliDg 25ac., Mobile 25ic., Orleans 26c
Sterling steady.
Liuespool, Oct 3o-ll:l5 A. M.-Cotton market
steady. Estimated sales IL 900 bales. Uplands
Id; Orleans llld. Sales of the week ll9 DOC
bales; for exports 80 600, to spectators is 00C
bales. Stock on hand 5000 bales, of which
32 600 bales are American. 1:20 P. M.-Cottor
steady. Prices unchanged. Stock afoat BIS 900
bales of which 20, 900 are American.