The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-04-15
Ecu Orleans Montp SsaarAtt.
CrSsozEr ogTIux, NO. ~ OiSr srsrry.
Wednesday Evening A nril II IgsQ

CrssozEr OFFICE No u OixP Brsxrs
Wednesday Evening. April L. 1854
Operations in the money market disclose little
If any variation. Gold opened at New York this
morning at 1879 against 1921 the closing rate lsst
evening; at 1880 1t stood ut 1924 at Ills il ruled
at 1924, and at P. NJ. closed at 1925. The sales
here to-day were sl2, 500 at 1924 $780, $1,000,
$4,000, s4500, $4,000, 5000, $1,000 and $40 900 at
1929 $4,000 $4,000, $4,000 and S25 900 at 1924: and
l32a@lS22.
1876.
FoREIcE EXCHANGE Transactions in Sterling
and Francs to-day have been of an irregular char.
acter, owing In some measure, no doubt, to the
unsettled state of the Gold and Bill markets
at New York, which almost wholly govern our
market here. By the suhjoined list OF actual
transactions It will be seen that rates have mate
rally advanced, however, end that sales have
been liberal: 10000 commercial Sterling at lIll;
1880. f300o f300e. f5000 and fIf000 do at IlI5:
600 do at 14l5@llli; f4Oc0 Al clear and OH.
vste bankers do. at l4240142A; $1,000 bank do.
az l424; and 10000 commercial Francs at 1854.
We quote bank sterling OF ll2}Dl43; commercial
90. at l4ltGi42; bank francs at s.96i@3.s5; and
commercial do. at 3.9s3Q3.e73.
DOMESTIC ExcHAEGE-The extended purchasers
SSsR Ss tie Offerings
of commercial sight and short sight, while the re-
mittance demand continued without material al
ITERATION, and, in consequence, rates have declined
However, for better understanding Of the actual
state Of the market, We would refer TO the sub.
Joined list OF to,days operations viz: $1,000 10000
f25 coo and t26 900 sight on New York at par,
5000, sl00 900, SIS 600, SIS 600, s25 0O0 s25 600
f25 600, $50, 600, $50 900 and $3.50 900 do at u
cent. premium, sl50,000 do. at ta3-16 premium.
$40 600 and $4,000 do. at SIG premium and
$4,000 thirty days sight on New York at dis
count. We now quote bank sight on New York ct
}premium, and commercial do. atpar at y cent,
premium.
UNcUBRENr NorEs AND SEcuRrrrEs-Transsc.
tons under the above heading have been more
extended to-day than for some time past. Civ
other classes Of securities are without material
change. The sales to-day have been $40 600
city treasury notes at 273f273 U cent discount
5000 city ten per cents at 95 1880 do. ct &C;
sG0O past due coupons of old State bonds at $50;
sl2 600 State notes at 670s7a $1,000 do. at S.;
5000 State warrants at 67i; SIS 900 do. a. s7I
So, and shares Jackson Railroad stock at az SO
per share; 5 shares stock Importers Bonded
Warehouse Company at s1060 per share.
SPECIAL DIsPAroHEs.-we are Indebted 20 the
Western Union Telegraph Line for copiea Of the
following private dispatches received from thai
route to-day, viz:
Neo York, Apra A-lO A. M.--GoId opened
at 1929. 1880 A. h.-Gold 1924. Cotton frmer;
ling l075@l0s3. HAS A.. M.-Gold 1928. Cot
ton-demsnd active at full prices, held middlinr
29o.; Mobile 2s4c.; Orleans 294o. Sterling steady
P. A-Gold closed st 1929. Cottoa-dsmand
moderate, prices firm. Sales 1000 bales. Ster.
ling steady.
Liverpool, April 14-ll:l5 A. x-Cotton mar.
ket active; estimated sales IL 900 bales upsnds
l2t@l2ld., Orleans 12t0l23d. 1:2O P. M.-Cotton
market active estimated sales 1900 bales;
prices unchanged. p. N.-Cotton market firm.
Or; sales not given. Uplands l2td.; Orleans
London, Apra l4-ll:l5 A. M.-Consols $500
9St; zoos 81.
Hare, Aprl IA A. x.-Cotton opens firmer.
Tres ordnaire l47}; low middling aloat LAS.
Evening.-Market closed unchanged. l
The CURRENCY BnL.-In response to the re.
yuest Of the committee on banking and currency, |
he controller of the currency appeared at the |
com Of the committee this morning and discussed |
he proposed redistribution ss Contemplated 10 /
he Senate bill and the Coburn substitute. Moth. |
Dg whatever was accomplished at this meeting /
lie brought with him to-day, as ssked by reso- |
ution of the committee yesterday, q statement /
howing the workings Of the lth section Of the |
senate bill, which takes away CSC, 900 600 from |
'anks In States having an excess Of circulation,
commencing with banks having a circulation ex |
eediDg 81 ,000, 900 in States having an excess OF
and hdrswing one. third of their |
circulation in excess Of 81 COO 900. He says there
will be taken
Tom hnooe lf7 869
rem hessAenusetts is 9l5u3l
o VII CD add one third Of execs. ron banks h:v
ing circulation Of over 81 OOO 0OO....... 84s30s
sas,NsGn |
The banks from which the excess will be de-
ucted viii be as follows: