The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-06-15
The Latest Financia and Commercial n 4
kepOrts.
from the New Orleans Bulletin June IL

NEW ORLEANS, May 81, 1867.
The and month c1 upon languid and unsettled
money market. Capital is again becoming abundant,
but there Is demand whatever for IL. indica
ton Of any improvement In business that y likely to
lead 10 heavy financial till after political
troubles definitely settled Monday being tie last
day prescribed by General Butler for nego'ia in Con
changed hands principally in settlement for stocks and
scrip, which had becn purchased at the public
the previous Saturday after which the demand
for these securities entirely ceased both buyers and
sellers have snco appeared TO DO unwilling TO enter into
ci,y and bank bills, gold and silver coin and tinted
States Treasury notes, aud the circulation OF all shin
plsstcrs change bills that have been amply secured
10 permitted by ths military commsndant I'LL such
time the city treasurer shall be able ~ redeem those
now outstanding In current funds. All further
msn,s in private bills, whose ultimate payment has not
been for according the requirements II the
Finance Commit;e of tho City Council strictly proh
bed but are pleased to learn that most not all The
ssuers VI the themselves rsdeemn them
fast presented There have been
offerings, and consequently sales, of commercial
mortgage raper during the week. and transaction in
specie have leeu Of to- restricted character through u
10 establish quotations, while fecei OF bank
notes IL oli southern states were at no time
better than nominal and the movement in ex hange
continued wholly suspended There foreign bills
OF any kind upon the market, and We hear Of
but party who In ready 10 sell domestic In sums to
suit purchasers. considerable diversity of opuin st
eAist O the amount Of reduction which should be
made ON tho inflated prices heretofore demanded in Con-
fedsrsts notes for all OF the articles OF trade
but the matter will doubtless adjust itself, and
rates will be graduate TO correspond with the improved
Pslrey Co. tested the affair by Offering for al pub
lie outcry small lots OF stocks bonds and
scrip. with the following reautlo shares OF Bank OF
America stock knocked or At l03 80 do Bank Of
Louisiana NJ 100 10 do City Railroad Company 1885,
six 900 six per cent louisiana State bonds Al $50
Hat $500 Crescent Insurance Company scrip OF lslg
at So $500 do. NJ %; 800 Citizens do OF 1881 at
G $3.50 do OF 1858 a 81 $3.50 Louisiana do or 1851 at
So $40 New Orleans do Of 1860 At 55 $500 Crescent
do Of 1851 at To- oil payable In tho present ruling cur.
rency On the oath inst the securities were
disposed of for Confederate notes, At the following g.
ursp--Bank of America stock at 100 Rank of Louisiana
do at 221 City Railroad Company az 2o0; Crescent In
surauce Company scrip of 1859 at 141 Of 1851 at
1885, Citizens Of 1887 and 1868 at p6 Louisiana do. of
1s8i at New Orleans do. OF 1860 at 106 There
havo been further proclamatons issued from tho
military headquarters touching financial questions since
our last but General Butter has ordered the officers OF
the Southern Bank TO pay all their deposors hsncefor
ward In current unds United States Treasury notes OF
gold and silver and the Provost Judge has decrsed that
The louisiana state Rank shall pay dspositor in
funds who had amount Of gold ~ his credit at
the date suspension OF the bank and subsequently
Withdrew from Confederate notes the balance due
10 him having been refused the same IN specie specie
paying funds.
COMMERCIAL.
JuvE 2, 1862.
Tho sales oi sugar Saturday included 6S hhds at
auction, by r. 1urpin, az felowss-9 hhds good com
mon at 30, 80 good fair at AK and hhds white
al az ia. We remarked In our weekly review that
with nm increased supply OF tonnage irsghis must de-
cline, sud with uscliao In freShts sugar must proys.