The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-02-17
grm @rlfans Munsg yfiarket.
CExscxrr ovrIcE, No. "a Cirr sfu.sf,
Tuesday Evening, Feb. 16. 1853.


There is nothing in the recent movement of the
Money market that calls for special notice. Cur
rency shows steady increase, while the demands
for accommodation exhibit an uDmstakable re-
duction. Rates Of interest and discount continue
to rule as heretofore, however, and we would
sgain repeat previous figures, "a follows: s S8
cent. % annum at bank and l@l4 % cent. D month
out of doors Tor short gut edged paper. aud lOlDl2
~ cent u snnum for long dated notes secured BY
strictly Al city mortgage.
GoLD AND SILvER-Operations in the precious
metals show but little, If any increase, while rates
have continued to fiuctuate with the same rapidify
as for some time past Quotations Of Gold vary
from hour to hour 10 accordance with the alters-
tons of the New York market, and those OF Silver
continue to rule ct Hoo per cent. below Gold
rates for American halves and quarters, and 25C03
% cent. premium on gold for Mexican dollars.
The sales to-dsy have been $4,000 at $780, /;
$1,000, $4,000, $4,000, $4,000, $4,000 and 500 at
1854 $4,000, $1,000 and SIS 600 at 1856; closing at
l355G6I35B. Americsi half dollars are now duoted
at lS20lS23, and Mexican dollars at l3S0l3S3.
FoKEIGN ExCHANGE-lhe recent let up IN pdr
cbases of Cotton for the European markets has
materially tended to diminish the supply OF com
mercisl Sterling and Francs. The demand oa
the part of RENTERS has disclosed an equal aud
perhaps greater falling of, however, and rates
have alternated to correspond with the fluctus.
tons in Gold and foreign bills at New York. Tne
sales to-day were fl500 Sterling, ships bill, at
l455 f2O00 do. at 1853, fl500 commercial Ser.
ling 81 l4O, dD0 0UUUU duQ 4OtUoO pEifdto utuhctb
Francs ct S33. We quote.bsnk Sterling at 1870
l47 commercial do. at l4530l46i; bank Francs
at 3.s5@S.S3}; and commercial do at $500
3.S6i. li-s ~
DOMESTIC ExoHANGE-The tendency of rates of
Domestic Exchange has been uniformly In favor
of drawers and sellers since the date of our last
review. Like Foreign, supplies have been res
ucted, owing to limited purchases Of cotton,
while the demand for sight checks on the North
has exhibited steady and at time heavy IN,
crease. The following comprise the principal
sales to-day, viz: $40 coo sight on New York at
I.l6 discount; $4,000. $4,000 and 900 do at
.; 10000 do. at 3-l6; $4,000 do. at t94;
$4,000, $4,000. $4,000 and s35. 900 do. at !;
Sl5 600 do. at 3; $4,000 and $4,000 sight on Boston
at /; $4,000 on Providence at 8, and s24o0 twenty
days sight on st. Louis at e cent. discount. We
cial do. at t@3 % cent discount.
UsCuRRENT NoTBs AND SECURrrIEs-There has
been q heavier business transacted under the
above heading during the past three days than
for any corresponding Time IRON the opening OF
the present commercial year. Offerings of most
classes were fair and the demand was active. gen.
eral, and at times quite exciting. Rates also
have been uniformly veil maintained, and those
of some descriptions exhibit decided improve.
ment. We have in previous articles furnished
full particulars of the operations up to last even
ing, however, and now deem II only necessary to
add statement Of this days transactions, which
we do as follows, viz: S25 600 city treasury
notes at 25i; $50 900 city ten per cents. at 95l
sl7 500 do at 95l 5000 do. at 95s s2l 900 do.
at 96; 900 old consolidated bonds at S04;
i6 eco six per cent levee bonds at 81; 81 ,2U0
State warrants at S43; 81. 900 do. at S4b 81 600
and 1000 do. at IS SIS 900 do. at e54; $1,000
jefferson city bonds at 72a 1000 State notes at
7Sl; $500 Bank of Louisiana notes at 800 |;
$1,000 do at 81; $40 900 do. at 324 5000 do. 81
80 per dollar; So shares City National Bank stock at
s62 so per share 20 shares Bank OF New Orleans
at SAL 25; 300 shares Bank of Louisiana at 50 Is
81 do. at So 70; 6l2 shares Opelousas Railroad al
So 90; 40 shares Mississippi Central Railroad at
-: 500 and 200 shares Ship Island Canal ct
So so; The latter is the fret actual sale announced
of this precious security.
BOARD OF BRoKERs-The following comprise
the sales at the board tonight. viz $1,000 and
sIO COO city treasury notes at %; $4,000 do,
BUYERS option, eight days, at 2S $500 CITY Ger.
tiHcates, bearing q cent. interest, st9l SIS ,0oo
State notes at SOC.
SPECIAL DIsPATCHEs.-We are Indebted TO the
Western Union Telegraph Line for copies of the
following private dispatches received from that
Ne,o York, FEB. 1910 A. x.-Gold opened al
1884, 1880 A. M.-Goid 1851. Cotton market dull
sno nominal. Sterling l09l @l09s. l2M.-Goldl35.
Cotton market dull and nominal, middng 294c.;
Mobile 29lc.; Orleans zoe. Sterling steady. 8 p
x.-Gold closed ct l35. Cotton dull and nom
nal: sales to-day 700 bales; middling 294c.; No
bile 2sic; Orleans soc. Sterling l099lO94.
Liverpool, FEB. 16-ll:l5 A. M.-Cotton market
dull, tending downward. Estimated sales 600(
bales; uplands l2ld., Orleans lad. l:20 P: H.
Cotton market heavy. Estimated sales 5000 bales
Uplands I'D; Orleans 1870.
Rdure, FEB. 16-Evening. Cotton market closed
fat; tres ordinaire lao; low middlipg shost l4l.
=