The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-05-28
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Wednesday Evening. May ~, 1868


Wednesday Evening May 81 1868
Nothing has transpired to-day to materially
alter the condition of the money market. Gold
opened at New York this morning at l40t, the
closing rate yesterday; at ii A. NJ. 1t was quoted
at 1897; at IL NJ ii ruled at 1884, and at P. N. it
closed at 1884, Rates in this market have varied
in accordance with the fluctuations at New York,
while the demand and supply continued restricted.
We append particulars of the actual sales as fol-
lows. viz: $1,000 Gold at I4Ol, $1,000 do. at l4O4,
$l3 900 do. at l404 $4,000 do. at l4Ol, and $4,000
do. at l40l. Sales of Silver embraced $500 Ame-
rican halves at 1864, and $1,000 do at 1861. We
now quote Gold at l4O0l40A, American Silver
coin at l354@l36s, and Mexican dollars at
14243l43i.
FOREIGN ExcHANGE-Despite the heavy decline
in Gold, rates Of Sterling and Francs have under
gone no material alteration to-day, which is In
q measure due to the 6rmness with which foreign
bills are still held at New York. Commercial
offerings in this market continue light, and the
remittance demand Is steadily aOating. The fol-
lowing are the only operations made public to-
day, viz: fl000 bank Sterling at ITO for Gold,
G5O00 AL commercial at 1888, and 20 000f. at
3.C64. We still quote Bank Sterling at l55, Clear
Bills at l54@l54A, Bill of Lsding Bills at 1884,
Bank Francs at 1865. and Commercial do. at
3.614@3.70.
DOMESTIC EXCHANGE Operations under the
above heading disclose no Improvement whatever.
The outdoor supply is Of avery limited character,
and the inquiry on the part of RENTERS shows
steady abatement. We annex particulars OF the
purchases by Danks ana bankers SINCE our last, as
follows, viz: SIC. 900 and $40. 900 New York CON-
mercial sight at sic u cent premium and $4,000
one days sight at u cent. premium. We still
quote d cent. premium at bank aud 40s y cent.
premium out of doors for sight checks on North
erD cities.
UEoURREST NoTEs AND SECURITIEs-There is
but little il any alteration to notice in the move.
meDt in city notes to day. Offerings are still
ample, and the demand continues restricted.
Louisiana State and Bank of Louisiana notes are
almost wholly overlooked, and transactions in
nearly all classes Of stocks and bonds may be re-
garded as entirely suspended. The subjoined
embrace the total operations to day, viz: $4,000
city notes. delivered during the week at 80 3 cent
81 37a AZ cent. discount, city consolidated bond
at 76c. and III levee bonds at S94c. ~ dollar
sPEoIAL DIsPATcBEs.-We are indebted 70
the Western Union Telegraph line for copies Of
the following private dispatches received over
that route to-day, viz:
Neso York, Mdy 27-l0 A. M.--Gold opened at
I40t. l0:45 A. Gold 1897. Cotton market
dull prices lower. nOminally. Midding 29sc.,
Mobile &c.,, Orleans 3O4c. Sterling ll0lGllOs.
12M.-God 1893. Sterling ll0l0ll0s. Cotton
market irregular, nOminaly. Middling 294c.,
Mobile &c.,, Orleans SO4c: 8 P: M.-Gold 1929
Cotton market quiet but firm. Sales 800 bales.
Middling scarce-beld at 3Oc.. Mobile 3Oic., Or
leans 304c. Sterling steady.
Liverpool, Nay 27-ll:l5 A. M.-Cotton declin-
ing estimated sales 5000 bales uplsnds ii IA
lid, Orleans ll3@ll4d. l:20 P. M.-Cotton
nominally unchanged. P. M.-Cotton market
dull; prices declined. Sales 1000 bales. Up.
lands lid, Orleans ll3d.
London, Mdy27-ll:l5 A. M.-Consols $50 for
money and 941 on account. Bonds 7l5. l:20 p.
E.-COnsols s4l@s44 on account 5.2O's ".