New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-07-04
Monetary and Commercial.
MONETARY.

OFFICE OF NEW ORLEANS REPUBLICAN,,
WEDNESDAY EVENING. July g. 1867.
The general market has exhibited only lnodeia e
animation, attended with little variation of q re-
por able character in any department OF trade. The
demand for sugar and nolasses was reta princi
pa'ly, and the movement in western produce to
Limited extent. characterized by continued firm
ness in Hour and corn and an additional advance
oats and pork, while operations leading staple
we're on a restricted scale, the GALES at the close
aggregating barely $50 bales at irregular but softer
prices, the market closing at quotations, with
tendency to greater
The movement in coin has been of a restricted
character and rates have fluctuated in agreement
with Tbs of the New York market Gold
opened this morning nominally at 1885, 9l35ls.
against 1855 in Wall street, but subsequently, i'm.
proved, touching 1881, then reacted aud closed at
l3s13 The offerings were very light, and most
dealers were disinclined to operate, only a tring
business has been DONE embracing S650O and 49, at
1881 5000 at $3.50; $4,000 and $3.50 az 1854 and
$500 at the rate In silver the sales included
$3.50 in American halves l3is 500 at 1872 and 1870
Mexican dollars at li5i.
We have again TO report an inactive foreign ex
change market. The offering supply was fair es-
peciay commercial bills, but dealers were gener
ally unwilling to purchase, unless conditions
rather unacceptable to a majority of holders o y
moderate amount of business transacted. The
negotiations of sterling included the following bills
to banks and bankers ,OJ ESQ and e5CoO Al ster
ing ut .9 f210O at l49 s3O00 bank 49, and E25J0
at l523. In francs noticed sales of 2'O01 AL
rcial at 377a 10000 bank $40 80 0t1 do at the
same and 90 COO at l21s for gold. Sterling may be
nonnaliy quoted at l4a@1is5 for bill of ladns bills
laGl5IS for Al to first class AMI lj2S152 for bank
and francs at 3I7s for AL commercial, AID 10 for
bank
We have no material alteration to report n do
nestle exchange. The banks checked on New York
at 4 4 cent. premium, at which they drew quite
moderately. The supply of commercial was light
and the sales restricted. including the following
sums: S25 COO, bank check at 4 Z cent p;emum
$50 O00 bankers at 70: Sl0G.) and 5000 New York
sight at 5l6; $1,000 SIS Or $4,000, Si0C0O and so,
at IL s7l0O at e; 5l5,c at par and $1,000 one
day at "a q cent premium. The closing rates for
commercial were 'iS516 4 cent premium.
The stock market was unusually quiet, only two
sales transporting throughout the day, 5 shares
Bank of America exdividend at SAB and 90 Car
rolltou railroad at SI5.
Cl,y bonds dull, only one sale being reported
to-day, viz railroad issues with May and Novem-
Der coupons at 49,. The consolidated still
quoted at 5000, and the railroad issues at 76G 70,
according to the coupons. Louisiana skies are
quoted at $780, Jackson railroad first mortgage
bonds at 72873; jackson railroad change issues
at 7OS72; and opelousas railroad first mortgaE
bonds at 54G55.
In uncurrent money we noticed sales of 5000 city
treasury notes at 9}jac q doar; $780, at 30 &C.. and
quoted at 4lS43,. 4 dollar and state notes at
| s6ss!iic the inside figures being the rates paid
by dealers for the small offered at their
tiers. City treasury notes rule at 5@Es z cent
discount. They the general medium of exchange
in local and city trade.