The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-31
Hen @rleans Momfp Narkst.
CRzsczxr OFFICE, No. % GAIT szlEsf,
Saturday Evening. Jan. 80. 1853.


tions in this market continue light, aud rates still
| vary In accordance with the fluctuations at New
| York. The following statement comprises thu
principal operations Of the day, viz: 1850, $1,000
$4,000, $1,000 $4,000. $4,000 and SIS 600 at 1885,
| 100000 at l56sQl37 and $1,000 and $500 at 49,
| Nothing has transpired in Silver, and we nov
| quote Gold at l362@l36g; American Silver Coin
| at l32@lSZ3, aud Mexican Dollars at l3S49l39s.
FOREIGN ExoHANGE-There has been a slight re-
action in Sterling and Francs to-day. owing TO q
| trifing decline in gold at New York. The offer
ing supply exhibits no important increase and the
remittance demand is of any thing more restricted
actual sales as follows viz: fl2OO and fl500 com.
mercal Sterling at las 10000 bill lading sterl-
| ing at l4sGl4S4 $500 private bankers Sterling
at 100 for Gold, and 1900 private bankers
Francs at 3.7e4. We quote bank Sterling at
l4sl@l49, commercial do. at l47lGl4s4; bank
Francs at 3.7S4QS.773f., commercial do. at 1881
| Q3s23f.
DOMESTIC ExcHANGE.-The movement 10 Do.
nestle Exchange has exhibited no alteration of
any kind since our last, except slight sttening
of bank rates. Offerings of commercial sight and
short sight we're fair throughout, and the inquiry
on the part Of remtters was moderate, but at no
time heavy or general. The subjoned statement
embraces the principal purchases by banks and
bankers for the day, viz: $40, 600 sight on New
York at discount SIS 900 and $40 600 do at SIG,
$4,000 DO. at 5-l6@S, $4,000 and $50, 900 at I.
s4O0 GOO at3, $4,000 sight on Boston at ;, $500
ten days sight on New York at Il. We now quote
bank sight az ssG4 discount. and eonmereiAi do
UNCURRENT NoTEs AND SECURITIEs-City Tres-
sure Notes have somewhat receded to-day from
the highest point reached in the morning, bat
holders of round amounts would make concer-
slons, and sales were therefore considerably i'm
peded. Stocks and bonds ruled as heretofore,
however, and the total operations included the
following amounts, viz $4,000 city treasury notes
at 2sl discount 5000 and $4,000 do. at 20
$l25 $40 do. at 29; $4,000 city ten per cents at 95
$l2 300 $l3 200 and sl4 100 d. at $751; $4,000 state
warrants at 81; $l2 ,000 do. at S6lG90, 5000 aud
s5000smetropolitan police warrants at 81 $4,000
do. at 1888; $4,000 and $40 goo do. at 81 $500 do.
at S23 5000 six per cent levee bonds at 674Js5O0O
do. at 68; SIS. 600 eight per cent. do. at So 252
shares OpeOusas railroad stock at So rs % share;
80 and loco shares do. 81, and 1000 DO. at 81 % u
share.
BOARD OF BRoKERs-The following comprise
the sales at the Board tonight, viz: $500 Gold
st 1866 500 State Warrants at 854 $4,000 new
consolidated bonds, with February coupons, at
So
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:
Neto York, Jan. 800 A. M-Gold opened at
1864. 1890 A. Mold 1864. Cotton market
dull, prices unchanged. Sterling l09i@ll0s. Re-
ceipts of the week 5Sl5 bales; net Is 405. Gross
exports 1850 TO Great Britain, 635 to continents.
Sales of the week Is, Ill. Stock on hand 81 ,lS5,
by actual count. Receipts az all United States
market firm. Prices shade better, not quotably
higher. MddliDg 29c.; Mobile 294c.; Orleans 29tc.
Sterling steady. g. P. M-Gold closed at 1861. Cot
ton demand good, prices advanced. Middling 29lc.;
Mobile 294c.; Orleans 293c. Sales to-day 5000
bales. Sterling steady.
Liverpool, jan 30-l1:l5 A. M.-Cotton market
huoysnt. Estimated sales 10000 bales; uplsnds
ll3d., Orleans l1t0ll Id. p M.-Cotton market
buoyant. Sales today 10000 bales. Uplands
HID, Orleans ll5d. Uplsnds afoat llBd.
Inn IL
sos, 75S.
INTERNAL REVENUE DEcIsIoN.-The commits
sioner of internal revenue has decided that under
the law Of July 2 1865 no allowance for losses of
| distilled spirits by leakage or otherwise can be
made, for the reason that section % of said act
requires that all distilled spirits shall be drawn
from the receiving cistern into casks, which, after
| being marked and stamped in such O way as to
| show the contents are to be Immediately removed
| into the distillery warehouse and on the pre-
scribed day the distiller must make his entry for
deposit, which must cover all the spirits stored or
| deposited during the preceding trimouthly period.
and must specify the number of wine and proof
gallons contained in each Of the casks 30 deposit.
ed. and the amount OF tax on the spirits. AT the
same time the distier is requi ed to give his bond
that be will pay the tax the spirits specified
in the entry. or cause the same TO be paid before
removal from said dstillery- warehouse, and within
one year from the date of said bonds, The
amount Of tax named In the entry and insured by
| bono, must be paid in the time named, even though
loss may occur from leakage or fire, or otherwise.
| In this regard spirits stored in warehouses are
| placed on the same footing with tsx-pad spirits.
| The primary object of the present law was to
| collect the tax on all the spirits produced and
drawn from the cistern, and the privilege Of stor
ing in a warehouse for one year, or less was not
intended to, and does not carry with it any advant-
age in respect to loss not conceded to the dstler
who pays the tax the same day that the spirits
| are drawn from the cistern. Consequently spirits
in distillery, in warehouse not required to be
| guaged and proved before withdrawal therefrom,
nor before the entry for withdrawal is made. The
rule laid down on page IL of Instructions, series
4, No. l., providing for an allowance for loss by
leakage In warehouse, applies only TO spirits dis
TILED and placed on bond prior to July 20, 1868.
In any case where this rule has been applied TO
spirits produced since July 20, 1868, the collector
is hereby instructed to collect without delay all
sums which have been 30 allowed for loss by leak
age or otherwise. This law is explicit and i'm
perative, and gives no discretion to the COM
missioner or to any other officer to modify its
eperstion.-lN. 7. Commercial Bulletin.
MEXICAN FINANCES IMPRovING.-By a message
sent by the executive to congress this week. il ap-
pears that the receipts of the treasury during the
past twelve months amount to SIC sec, 22l and the
expenditures to 81, 34s SOC, leaving a deficit of
s6ss, 5s5, which will be met by returns from offices
not yet heard from.
This is the first period in the history of Mexico
that the government has been able to meet its ex-
penses without resortng to forced loans or decree
ing extraordinary contributions, or jobbng out
national bonds. During this period several mil
lions of national debt have been extnguished.
This is favorable sign, creditable to the govern.
ment, and blunts the edge of our article of to-day
on the workings Of the executive.-[TWo Re-
publics.
The Bank Of Montreal is offering a reward of
$4,000 TO any person who will give such informs.
ton as will lead to the apprehension and convic-
ton of any one of the parties who robbed the
branch of that bank, at st. GATHERINGS a week or
two since; also $1,000 for each person after
the first is convicted of such burglary; and fur
Their sum CT $500 for the accomplish of the rob
bers. A reward of fifty per cent. on any sums of
the stolen money recovered and paid over to the
bank, is also offered.
SMALLPOX REMEDY.-A correspondent of
the Stockton, California, Herald writes as fol.