The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-09-12

Blem Orleans sttunep 9larket.
CRKscKzr OFFICE, No. % CAMP STREET,
Fr day Evening. Sept IL, 1905.

CRFsCFyT OFFICE, NO. ~ CAhp cIhEEftt
Pr day EveEng. Sept H. 1908 >
kbere ia nothing speciaI to notice in the move
m < in financial circles since our last review.
C.frency is still abundant, and the demands iof
accommodation on the part OF business men y,
go$d standing exhibit but little increase. Rates
5fTnterest and discount show no variation what
eyr,r and we therefore repeat as the governing
fEires per cent. per annum at BANK, ana lgd4
Der cent. per month out OF doors Tor snort gll
ed.ed paper and l0@l2 per cent: per annum ior
long dated notes secured by strictly city mort
eEfoLp AND sLvER.-We have no marked varia.
tSsl 10 notice in the Specie market. offerings OF
Gid have been light throughout, and the demand,
bEh local and speculative, has been OF very
listed character. Rates have been unusually uni
ft.m, generally ruling from TO Il points below
tl,> Gold quotations OF New York. Silver also has
bksn very quiet the few lots have been sold 81
al points below Gold rates for American halves
q quarters, and 3504a per cent. premium on
q ID rates for Mexican dollars Total operations
I'D iay have been confined 20 the fouowing VIZ
1000 Gold l43s. $1,000 and $500 do. at l4Z4 soOOV
n Al Il9I $500 do at I43 and 10 900 do. at l434
shes of Silver embrace 1000 American halves at
NJ. We now quote Gold 1424@l434, American
Skyer coin 1856 @l37, and Mexican dollars l470
ia. - u,,s,,.s ,... .,;.
Tin. and the tendency of rates has been 10 favor
ofbuyers and remitters. The supply Of CONNER
o,}I 9terling and Francs discl0ses but slight
irSrease and the inquiry for drafts also indicates
Ia III little improvements. anu piAfubC oAo
ed seem exceedingly reluctant to reduce the ask
hit rates, and therefore the variations have been
sJ9ht. Transactions to-day embrace flOOO prl-
y3te bankers Sterling at 1861; f26OO Al CONNER
cal do. at I55; f.30, 900 bankers Francs at 3.6l
TO- 600 private bankers do. at 3.623; 100000 AL
cimmercial do. at 1881; f35 900 do. at 1865, and
fts 900 do. at 8 66l. We now quote bank Steri-
irir l56sNl574, commercial do. l55@l56. bank
Flames 3.624@3.60, commercial do. 3.664g36o.
EDoMRsTtc ExcHANGE-The market during the
ptst week has been fairly supplied with CONNER
al sight and short sight, and for some time 10
cfme the supply can hardly fail of accommoda'
tan under heavy purchases OF the staple Tor the
Northern and Eastern markets.. Inc demand on
lie part of remtters has, however, exhibited but
little Improvement. while rates have given way
fnlIv further la3 u cent. Total purchases TO-
day by banks and bankers include the following
amounts viz: 900 New York bank sight a.
riar $50 900 and SIS 900 private do. at Z cent, dis
AS, 900 and s27 900 commercial do. at y cent dis
count and SIS 900 do. at 5-l6 y cent. discount
We still quote par at bank and s04 b cent
discount cut of doors. for sight checks on Nor
thern cities.
been but light fluctuations in City and Stat
notes since the date OF our previous summary
The efforts of the city authorities to devise som
plen by which all their issues shall be redeemed
have tended to sustain the pretensions OF holders
Rank of Louisiana notes continue wholly neg
Iected and the movement in the general run o
securities il still entirely suspended. We eppen
the actual Gales to-day as follows. VIZ slOOO CIT
notes at &c.,, $4,000 do. at 35 q cent. discount
and SIS 600 Louisiana State Warrants at Coo. /
dollar.
SPECIAL DIsPATCBE8.-We are indebted I
sha Western Union Telegraph line for copies {
he following private dispatches received froI
that route to-day, viz:
Noe York, September lilo A. M.-Gold oper
h4SI. 1880 A. M.-Gold Ia. Cotton dull an
nominal Middling 27c.; Mobile 2T4c.; OrlesI
s73c.; Sterling lO9s@lO93: l2-noonIGold ia
Cotton market dull prices nominal. Sterliu
steady. 8 P. M.-Gold closed at l44i. Cote
smarket dull; nominal. Sales to-day 400 bales
tmiddlipg 27c.; Mobile 27lc.; Orleans 27Ie.; Ste
ding l09l@l09l
ISre1p0ol, Sept. l1-Il:l5 A. M.-COtton mark
isteady. Estimated sales 10 600 bales. Uplan
,IOLd.: Orleans lO3d. Sales OF the week CLIO
Ibaies. Sales for export 1000 bales; foc spec
llation Is, coo bales. Stock on hand 4SO,OOO pale
IOf which l62 600 are American. l;2V P: Mo
iton easier but not quotably lower. Cotton aho
s679 GOO bales, of whice $500 are American.
EM.-Cotton market fat. Sales to-day lO,O
bales. Uplsnds 10 d.; Orleans lOsd.
London, Sept. ll.-Consols 94s. Bonds !
changed.