The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-17
.Dsw erIsans Sfiunep glarhsi.
cxrsc.rr OFFICE, No. ~ GASP efzlxz,
Tuesday Evening. June l6. 1903

Tuesday Evening. June l6. 1868
The money market continues inactive. Gola
opened at New York this morning at laO3' az sinst
liOt. the closing rate yesterday. At III A NJ and
I'm twas still quoted at the former Inquire, and at
3 p. M. il closed at I403. Asking rates have been
enhanced in this market, but the demand and sup
ply have been of a limited character throughout,
as may be inferred from the appended statement
of actual sales, viz: $4,000 and SIS 900 Gold at
I4O; 5000, $4,000 and $40, 900 do. at l40t, and
$4,000 and $4,000 do. at l404. Sales OF Silver com.
prised 1000 American Halves at 1864, and 100
do. at 1861. We now quote Gold l4OOl4O4,
American Silver Coin l350l36, and Mexican Dol
lars l44@l444.
FOREIGN ExcHANGE-There is no material alter.
alton of any kind to notice in the movement in
Sterling and Francs. offerings of commercial
bills are still steadily diminishing, while the re-
mittaDce demand discoses an uninterrupted
abatement. The following are the only oper a.
lions reported on reliable authority to-day viz !:
fl200 bank Sterling at l55; $500 do. sight at l554
$1,000 do. at ll0a for gold; $500 al commercial ;,
at l54, and l5,000f. bank Francs at 3.623f. We
now quote bank Sterling l55; clear bills 1910
1544; bill of lsding bills l530l533; bank Francs
3.65@3 623. and commercial do. 3.67393 664.
DOMESTIC ExcHAEGE-Business under the above
heading still shows quiet but firm market. The
supply Of commercial shortsight and short is of TOO
restricted character TO admit of more than very
moderate operations, while the inquiry upon the
part Of remitters is too limited to absorb heavy
offerings. Wesubjoin the principal purchases by
banks and bankers since our last, viz $1,000,
$4,000, 1000 and $4,000 New York commercial
sight at u cent. premium, and $4,000 and sl0,0 900
do. at BIC u cent. premium. We still quote b
cent. premium at bank, and par to / q cent.
premium out OF doors for sight checks on Nor
thern cities.
URCURRENT NOTES AND SEcURrTIEs-There is
some little inquiry for City Notes. but 1t is for the
most part confined to small amounts for the pay.
ment Of taxes. Offerings are of a more limited
character, however, as holders appear to be less
disposed to press their supplies upon the market,
and rates slightly incline in favor of sellers.
Louisiana State Notes indicate some improvement
both in demand and prices, but the issues of the
Bank of ouisiana are still neglected, and the
movement in most classes Of Securities continues
suspended. The annexed statement embraces the
total transactions for the day, viz: $1,000 City
Notes at SO ~ cent. discount, and $1,000 do. at 80
y cent. discount, and 10 Levee Bonds at 454.;
pPECIAL DIsPAToHBs.-We are Indebted 70
the Western Union Telegraph line for copies OF
the following private dispatches received over
that route to-day, viz:
Neto York, June l6-10 A. M.-Gold opened at
14O3. l0:45 A. M-Gold l40A Cotton market dull;
prices unchanged. Sterling ll04@ll0s. IL NJ
Gold l40A. Cotton dull and lower. Middiug up.
lands 2Sac., middling Mobile 2slc., middling Or
leans zoe. Sterling steady. 8 P.M.-Gold closed
at l40s. Cotton-Holdels ask an advance. Buy
eTs operate with caution Sales to-day 1909 bales,
asking for middlng &c., Mobile 29lc. and Orleans
29ac.
Liverpool. June 16-ll:l5 A. M.-Cotton mar.
ket firm estimated sales 5000 bales uplands
l0s@l0ld.; Orleans l0I0lld. LEO P. M.-Cotton
market nominaly unchanged. Estimated sales
10000 bales.
95 for money. and IS on account; 5-20's 1874 lao
P. M.-Consols 94}@94s; 2O's 49,. 5P. M.-Cot-
ton market firmer. Sales to day Il, 900 bales; up
lands l03d., Orleans lid.