The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-04-07
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No change worthy of particular notice has
transpired in the money market since cur last re-
view. Currency continues in ample supply for all
business purposes. Obligations drawn by re.
sponsible parties haye been promptly met when
due, showing our cityto Mechanically speaking
in q healthy condition. Rates Of Interest
and discount remain nominally unchanged, how.
ever, and we would again repeat: s per cent.
per snnum at bank and l@l4 % cent. per month
out Of doors for short giltedgsd paper, and 100
IL per cent per annum for long date notes, &C.
cured by strictly Al city mortgage.
GOLD AND SILyER-Operations In the precious
metals continue limited. Offerings continue light
while the demand has been restricted, being prin-
cipally for customhouse purposes. Rates have
shown no material variation. In Silver, American
halves and quarters continue to rule at 2343
points below Gold, while Mexican dollars are
The sales to-day were: $4,000 and $40 600, gold
at 1919; $4,000 and $50 600, do, at 1872 and
$40 600 and $25 900, DO, at 1921 closing at 1920
1921. Nothing reported in Silver.
FOREIGN Observation-Disclosures in Sterling
and Francs have been Of moderate character
throughout the three days under review. The
offerings have been restricted, however, and ow.
ing to an improvement in Gold and bills at New
York, rates have advanced. The sales to day have
been $4,000 commercial Sterling at l4l; $4,000
do. at l4lt; $4,000 do. at l4ll $4,000 bankers do.
at l4l3; sc, 900 commercial Francs at 90. We
quote bank Sterling ct l4l2@l42 commercial
90. al l4U4CIl4l4, Dank francs AZ 5.yo4, and COM
mercial do. at 4.0l 4014.00.
DOMESTIC ExoHANGE-Has been more active
since the date of our last review. The demand
for commercial sight and short sight has been
fair throughout, while the offerings have ct no
time been better than moderate. and rates have
consequently become firm and show an advance
of 1G4 per cent. The sales to-day have been
$1,000 sight on New York at par; sl2 600, $40 900.
$50, 900, $4,000, $4,000, and $l35, 900 do. at
prem; and s25 900, $50 900, 800, 900 and $4,000
IN of h.l n sic m
New York at . premium, scommercisl do. at t0l
premium.
UNcURREST NOTES AND SECURITIES No change
of importance Is reported In the above. City
treasury notes are quiet OF previous quotations.
holders refusing to offer at present rates. while
buyers chow no anxiety to operate. Other classes
of securities have been dull with no quotable
change in figures. The only sales to-day were
$40 goo city treasury notes at 26ac. discount and
$4,000 six per cent. levee bonds at zig.
Western Union Telegraph Line for copies Of the
following private dispatches received from that
route to-day, viz:
Neo York, Apra Gle A. Mold opened
at 1919. 1880 A. M.-Gold 1919. Cotton market
dull; tending down. Sterling l0sI0l0sE. I'm
Gold 1915 Cotton market dull; tending down;
nomnally, middling 2S3c.. Mobile 28sc., Orleans
29c. Sterling steady. 3 P. M:-Gold closed at
1919 Cotton dull; tending down; sales 1000
bales middling 2s4c., Mobile 2slc., Orleans 29,.,
entirely nominal. Sterling steady.
Liverpool, Apfrb 6-ll:l5 A. M.-Cotton mar.
ket quiet; estimated sales 5000 bales; uplands
l2ld., Orleans l24d; uplands afoat I'D. Ship.
mtnts from Bombay since last report TO the I'd
inst. 40 600 bales. LEO P. M.-Cotton market fat;
estimated sales 5000 bales; uplsnds l2t@l2{d.,
Orleans 12s@l24d. 8 P. h.-Cotton dull /; sales
TO day 5000 bales prices unchanged.
London, april ellis A. M.-Consols 90.
5 20's $50. P. M.-Bonds S34.
Hdure, april 6-Evenng.-Cotton closed IN
CHANGED