The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-07-04
Rsm orleans 5ttoneu Btarhst.
OEzsczEr oyyIos, NO. % OAnx syKsss,
Friday Evening. july g. 1863


There Ia no new feature 10 notice in the condi-
tion Of the Money market. The supply of cur
renew is still tupersbundsnt, and the demand for
accomuo dation is exceedingly restricted. Sew
mast few days, including one by the Southern Bank
81 As per share; one by the Gas Light Company
of a like amount; a quarterly dividend by the City
Railroad Company Of u cent, and semi-an-
pual dividend by the Bank OF America OF D
cent. and others are expected to follow 10 regn-
lar succession. Rates Of interest and discount
have undergone no alteration whatever during
the past week, and we would again repeat pre-
vious figures as follows, viz q cent. q annum
at bank and lQ1l4 II cent. q month out OF doors
for short gilt.edged paper, and l00l2 u cent
AZ annum for ong-dated notes secured by strictly
AL city mortgage.
GOLD AND SILvER.-There has been moderate
INQUIRY for Gold for the payment of duties notice.
able throughout the week ending this evening. and
prices have been generally well maintained owing
10 the limited character of the offering supply,
and TO the stringency OF rates 10 the New York
market. Silver has been dull and inactive, how
ever, with very light operations at figures ranging
from three 10 four points below Gold quotations
for American halves and quarters, and 2Q14 u
cent. premium on Gold for Mexican dollars. Ope-
rstions to-day have been restricted TO the follow
ing amounts viz: $1,000 and $4,000 Gold at l39l;
$4,000 do. at 1891; $4,000 and sll5O0 do. at lao.
sales of Silver have been confined to driblets and
we still quote Gold at lS9a@l4O. American Silver
coin l35Gl354, and Mexican dollars l44CgI444.
most prominent characteristic of the movement in
Sterling ana Francs since the date of our last
weekly review, June 26. Owing tothe heavy fall-
ing of in the purchases OF cotton for the European
markets, offerings Of commercial bills have be-
come nearly exhausted, while the demand on the
part of remtters has disclosed corresponding
abatement all round. Quotations have been uni
formly well upheld, however, on account OF Ine
prevailing frmness in the rates OF Gold and Ex'
change al New York. Total operations to-day
N tha amounts.
bank Sterling at 1853, GOO AL commercial DO. al
1884, $500 do. az 1884; and l5000f. bank Francs
at 3.624f. We still quote l544Cgl55 for bank Ster-
ling, l6S3@l54 for clear bills, 1913 for bill OF iadIng
bills, 3.664 @3.623f. for bank Francs, and 3.lD
3.6sif. for commercial Francs.
DOMESTIC EXCHANGE-The movement under the
above heading has exhibited uninterrupted IAN
guor and depression throughout the past week.
The supply of commercial sight and short sight
has been Of very restricted character from the
opening TO the close, and the remittance inquiry
has been for the most part but little better than
nominal. Rates have slightly declined since the
date of our last review. and the market SUI
steadily uclines in favor Of buyers. Total pur-
chases to-day by banks and bankers include the
following amounts. viz: $1,000 New York com.
mercisl sight at u cent. discount; $4,000 DO, at
~ cent discount $4,000 do. at par; slO,O do.
at lie q cent. premium, and $4,000 and $lO,0OO
do. at - cent premium. We now quote u
cent. premium at bank, and lie q cent. discount
to par Outofdoors for sight checks on Northern
cities.
UNcuRRESr NorEs AND SECURITIES Transac.
tons in Uncurrent Notes have shown some vsria-
tons in city and State issues during the past week,
but without exhibiting any permanent improve
ment in rates Of either, while operations in Bank
of Louisiana notes have, for the most part been
wholly suspended throughout. In Stocks and
Bonds there has been moderate business notice
able in some favorite securities at rapidly ad-
vsncing prices, while the general run OF both
have been, as usual, very much neglected. Total
operations embrace only the following, viz: $4,000
city notes at 38 and $4,000 at 3Ss y cent. discounts
5000 Louisiana State notes at 55c., and $4,000 do
at &c.; levee bonds at $780,. g. 10, 20 and so do.
at 534c, and 20 do. at 53@c. . dollar: 20 shares
Crescent City Railroad Company stock at 500 I;
so and shares New Orleans Gas Company stock
at sl48 so, dividend on.
SPECIAL DIsPAroHBs.-We are indebted to
the Western Union Telegraph line for copies of
the following private dispatches received over
that route to-day, viz:
Neso York, July $40 A. M.-Gold opened at
1404. 1880 A. Mold l40s. Cotton, demand
fair, prices firm; middling &c., Mobile 324c., Or
leans S2tc. Sterling l0s@l02c. IL Mold l4Ol
Cotton demand fair; prices firm and unchanged.
Sterling steady. P. M-GOld closed l4Os. Cot
ton, demand fair prices firm; offerings light; sales
1900 bales. Sterling steady. There will be no
reports tomorrow, 4th July-holday.1
Liverpool. July 3-ll:l5 A. M.-Cotton market
quiet; estimated sales 5000 bales uplsnds IL d..
Orleans ll1d. Sales of the week Sc 600 bales; for
export 1000 bales; for speculation 1000 bales
stock on hand sos 600 bales of which 1853 900 are
American. l;20 P. M.-Cotton market quiet; quo
tations unchanged. 5P.M.-Cotton market firm
sales 10 day 5000 bales; uplands HID; Orleans
llsd. Cotton afoat 900 bales, of which sc, OOC
bales are American.
ELondOn, July S-OonsOls 95@s5s. Bonds 7Si
1:20 p. M-Consols unchanged. Bonds 734Q73I
5P.N-Consols 95i@95i. Bonds unchanged.
Ss-CommerciaI article In Supplement-.