The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-09
gha 8sr Orleans Grsstsnl.
SATURDAY MORNING. JANUARY ., 1859.
gsir @rIeans Monep Waraet.
CRESCENT OFFICE, No. "a Clxy srsxxr, I,
Friday Evening. Jan. & 1852

Friday Evening. Jan 8 1853.
The movement in the money market during the
that calls for special notice. With the heavy ma.
turing obligations of the LIST and 4th, which were
met with commendable promptitude, the voIu ne
of currency has been largely augmented but COM
plants are sui heard of the scarcity of small
notes. The banks are In condition to extend am
pie facilities to their patrons but the dem snds for
accommodation are still very light and rates of in
terest and discount continue to rule nominally as
heretofore, viz: Eight u cent. q annum at bank,
and l@ll q cent % month out OF doors for short
giltedged paper, and l0Gl2 % cent. % "a.
mum for long dated notes. secured by strictly
Al city mortgage.
GOLD AND SILvER-The Gold market has been
quiet and steady throughout the week. Offerings
we're at no time better than moderate, aud the
demsnd was for the most part restricted to pur-
chases for the payment of duties and for trans
mission to the interior.
Silver has continued scarce and in request and
the few lots placed upon the market found ready
buyers at 2@2a points below gold rates for Amer
lean halves and quarters, and 2403 ~ cent pre-.
MUM on Gold for Mexican dollars. The following
comprise the principal operations to day, viz:
1900 Gold at 1885,; 5000 at lS5l@l554 and
$1,000 and $4,000 at 1851. Nothing has trans
pred In Silver, and we now quote Gold at 1850
1885, American Silver Coin, l32ll323 and Mex.
lean Dollars at l373@l3s.
FOREIGN ExcHANGE-SterIine and Francs have
bt en- in fair but at no time heavy demand or sup.
ply from the opening to the close Of the week.
Offerings Of commercial bills were of a more re.
stIicted character than had been looked for, in
view of the liberal purchases of Cotton for
foreign markets, and rates generally were well
maintained throughout. We subjoin particulars
of the operations to-day, so far as reported, viz
f3Ot0 bill of lading Sterling at l45E, $4,000 com.
mercial do. at l464, and 10000 do. at price
that has been suppressed. Sales Of Francs were
confined to 0,000f. commercial on private terms.
We now quote bank Sterling at l4690l47, com.
merclal bills at l4539l464 bank Francs $3.50
S.sSf., and commercial do. 3.ssl@3.s73f.
DOMESTIC RECONSIDERATION under the
above heading show heavy aggregate for the
week. Offerings of commercial sight and short sight
have been ample throughout, but despite steady
remittance demand, prices mostly tended in favor
OF buyers. slight reaction has been noticeable
to-day, however, but the market has not yet re-
covered the decline which occurred in the early
part OF the week. We subjoin particulars of the
purchases by bankers to-day as follows, viz:
$4,000 New York commercial sight at b cent.
discount, $4,000 do. at IL l6 and $40 900 thirty
days do. at 4 cent discount.
UNcURRENT NOTES AND SEcURITrEs-There has
been lively business in some classes of Securi-
ties during the week, but operations as whole
do notindicate any material increase as compared
with returns for previous weeks. City money
has been inactive City ten per cents. and levee
bonds have sold freely, while prices OF nearly all
classes have been firmly maintained. The an.
nexed statement includes the total operations to.
day, viz $1,000 city ten per cents at rs. $1,000 do.
a. fo4, SOOOOO iCNcC JULIUS dl Ol4t tZU,UUO 10 ut
60. $1,000 metropolitan police warrants at 81,
$500 do. az 624 and $500 do. at 623.
tAote-ltis hardly necessary to add that fnan-
cial operations to-day were restricted, owing to
the banks having kept closed doors throughout.
SPECIAL DIsPATCHEs.-We are indebted to the
Western Union Telegraph Line for copies of the
following private dispatches received from that
route to-day. viz:
Nes0 York, Jan. SO A. M.-Gold opened at
1857. 1880 A:M.-Cotton quiet but firm. Midding
27c., Mobile 27lc., Orleans 273c. Sterling l09i@
llO3. HAS A. M.-Gold l34B. Cotton demand
fair-prices have advanced. Middling 274c.,
Mobile 27ic.; Orleans ESQ.,; Sterling steady. ESQ
P. M.-Cotton-Large speculative demand prices
advanced. Middling 275@2Sc.; Mobile 2Slc.; Or.
eans 2S3c. Sales 5000 bales P. M.-Gold closed at
l345. Cotton holders, anticipating an advance.
are holding stocks out of the market. Sales to.
lay 5000 bales. Middng ESQ.,, Mobile 2S4c., Or
cans 2s3c. Sterling steady. ~.
Liverpool, Jan. S-ll:l5 A. M.-Cotton market |
Iuiet estimated sales 10000 bales uplands lid,
orleans II I'd. Sales Of the week $1,000 bales
or sxpests 10000 to sPoCulatUrs 5000. Stock |
IN hand 1856 O00 of which 1000 bales are Ameri-
ian. q,
London. Jan. s-1l:l5 A. M.-Consols ego
g 5.20s rs.
Hare, Jan. s.-Noon.-C Cotton market nomi. |
ally unchanged. Low middling aloat l27