The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-01-06
Ehs ylrip @ritanA Grfstrn
WEDNESDAY MORNING. JANUARY 6, 1855
gew Orleans Sttonep NarhGt.
OREscKsr orrIcR. No. "a OAxP srasul
a Mia. Euanlna In le-l

Iu.sday Evening. Jan 5. 1919 !
The best evidence we can offer of continued
ease in our money market is that the whole Of the
obligations due by our commercial and mercantile
fellow citizens were promptly paid at bank yes.
terday. Previous to the war, the approach OF the
first and fourth of January, when maturing claims
were counted by millions, was always looked for
ward to with So Tious msgivings but now the To-
debtedness OF our business men IN good standing
is comparatively trfng, and most II not all of
them are in condition not only TO hqnida'e a.
maturity but to anticipate sccruing obligations at
pleasure. Currency, SO far as regards large notes
Is still very abundant, but we continue to hear
complaints of the scarcity of the smaller denomin
atoms, well as of the offering supply of choice
and long strictly Al paper There is no alteration
whatever TO report in rates ofinteres or discount.
however, and we have again TO repeat: Eight ~
cent 10 annum at bank, and lGll u cent. % mon b
out Of doors for short gilt edged paper, and 10
6l2 ~ cent. u annum for long dated notes
secured by strictly Al city mortgage.
GOLD AND snvER-The Gold market continues
quiet and steady. Offerings are still restricted,
and the demand is almost exclusively confined to
purchases for the payment Of duties and for re-
mittanee to the interior. Silver is still and
in request, and the trifing lots daily offered for
sale find ready buyers at l4@2 points below gold
rates for American halves and quarters, and 21G3
~ cent. premium on gold for Mexican dollars.
We subjoin the principal sales to-day as follows,
viz: $4,000 at 1856; 5000 at 1857. and $4,000,
$4,000, $4,000, $4,000 and SIS GOO ct 1854. Gales of
Silver included $500 Mexican dollars at 1873; $500
now quote Gold at l34k@l35t American Silver
coin l32Ql323, and Mexican dollars at l3730l3S.
FoREIGN EXCHANGE Inactivity has been the
most prominent feature of the Foreign Exchangs
market since our last. The Offering supply of
Commercial Sterling and Francs continues much
smaller than usual, in view Of the daily heavy
purchases of Cotton for European markets, and
as the demand, though high, is nevertheless suff-
Gent to absorb the aggregate offerings rates are
uniformly maintained all round. Operations to-
day comprised $500 bill Of ading Sterling at
l454, f25OO do at l45s, $4,000 commercial do at
l45k, $1,000 AL do. at 1864, 40 000f Al CONNER
cial Francs at 34s, and so O0Of. private bankers
do. at S64. The ruling quotations this evening
were l4630l47 for bank Sterling. l4549l453 for
commercial do, 3s64@3.s5f. for bank Francs,
and 8 9o@3 ss3f. for commercial do.
DOMESTIC ExcHANeE-There has been an active
and general movement in Domestic Exchange
since the date of our last regular summary. The
remittance demand especially on the part of
Western banks and bankers, continued steady
throughout, but prices have nevertheless declined
under the pressure of rapidly increasing offerings
of commercial sight and short sight. We annex
particulars Of the principal purchases by banks
and bankers to. day as follows, viz: $4,000 New
York sight at lll6@l L cent. discount; $4,000
and $50 900 do, at $4,000 DO. at }9B $4,000
do. at 1916; sl4 1000 do. at l3.l60{; $4,000, $25
600 and $40 900 do. at SIS 900 ten days do. at
L. SIC. 0O0 ten days do, at u $40 900 fifteen
days do. at Il, and $50 600 thirty days do. at
q cent. discount. Rates now rule at u cent;
doors for ST. ht checks on the Northern cities
UNcURRENT NoTEs AND SEcuRITIEs-City Notes
have fuetuated considerably during the past few
days. City ten per cents have gone still higher,
and prices Of the better classes of Securities have
generally tended upward. Offerings of most de-
scriptions have been generally light, however,
and the demand has been uniformly of q less &C.
tive character than heretofore. Sales to-day have
BE- en- confined to the following amounts, viz
$1,000 City Treasury Notes at $40 y cent discount,
$1,000 do at 81 and s25, 900 do at 1863, $4,000 ty
ten pei cents at 7S4 $1,000 do. at 49,, 1881 Louis
lana State Warrants al 50, $500 and $4,000 Metro
potan Police Warrants at 60, $500 do. at COZ, and
| s25 600 Levee Bonds at 604.
BOARD OF BRoKERs-The sales at the board to-
night comprise the following, viz sll00 City
Treasury Notes at $40, 5000 do. at 374; $1,000
city ten per cents at 7Sl, $1,000 do. at 7s3 so
shares Union Bank Stock at s35 per share 40
shares Bank Of New Orleans at SIS 75 per share
leo shares Bank Of Louisiana st IS cents per
share; 100 shares and $50 shares do. at 81 per
share.
During the session of the board tonight a reso-
luton was passed inviting the representatives. of
the press TO be present during the transaction of
regular business for which the reporter Of the
| CRESCENT tenders his sincere thanks.
The SOUTHERN STATES AND THE NATIONAL
TREAsURY.-The New York Herald says the fol.
lowing statement shows the amount Of taxes col
lected in the ten Southern States for the year
ending June 80, 1868: