New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-06-26
Monetary and Commercial.
MONETARY

OFFICE OF NEW ORLEANS REPUBLICAN,
TUESDAY EVENING. June %. 1867.
The general market has exhibited very little ANNA
ton to-day operations being amc entirely
suspended by the underwriting incemency of
the weather. The demand for sugar and molasses
was OF triiBg character retail principally, and
western produce evinced considerably less than its
usual vitality, attended, however, with continued
hrmness in most of its bond departments: while
operations in cotton especially light; the sales
at the close summing up barely 100 bales at rather
easier prices, the market closing with an evident
tendency to further weakness The sales for the past
three days comprise 2tol bales against 800 during
the corresponding period last week.
The movement in coin has been of q restricted
character although rates under the favorable infu-
ence of the New York advices, have been attended
with additional improvement. Gold opened this
morning nomnally at @l3Si, against 1885, in Wall
street, but later intelligence being more encourag-
ing, it stifened, and'closed firm at 138i4@l38J5 The
cash offerings were extremely light and the
iority OF buyers rather shy to operate only a
limited business has been done, embracing $40 600
in different at l3eGl3s6; 5000 at 1881 $1,000,
$4,000 5000 and 5000 at 1891 5000 at the same and
5000 at 1884, In silver notice sales of 500 in
American halves at l32 $500 do at 1917. The coun.
ter rates for Mexican dollars were 1e9l42 for cur
rency and 212@2Sf per cent. premium for gold.
We have few transactions to report in foreign
change, although the increa ed buoyancy attending
coin impaired improved feeling to rates The
demand continued fair, especially for favorite sig.
natures, but as the offerings restricted only a
moderate business has been transacted, including
the following bills to banks and bankers: f2J00 Al
clear sterling at 49, G2jOo an GiOOO at 1907 $1,000 at
1t9s, $4,000 at lj0i, 5000 at ISL f200O banks for
remittance at l53 aud 5000 banks at llOl$ for
gold. In francs we noticed sale of 90 600 Al com,
mercial at 37524 76i4 and 300 bankers at 10.
Sterling may be nomnally quoted at 147@l47}5 for
bill Of ladng bills; l4e@l501s for Al to first class,
and 1924 for bank; and francs at 37s3iG376ll and
bank at $40.
Domestic exchange continued dull and inactive.
The banks checked on New York at x per cent. pre-
MUM ut which they met with limited patronage.
The supply of commercial was quite restricted and
most dealers unwilling to pay the rates de-
manded by holders the sales effected have been
considerable, including the following $4,000, $4,000,
and $4,000 New York sight attt q cent. premium,
$1,000, $500, and $4,000 at "a, small amount at
par and $500 thirty days at Is q per cent discount.
the closing rates for commercial were 4 q cent
premium for sight . per cent. for one days 159ls p
cent discount for ten to twenty days Ag for thirty
days and ]as2f for sixty days.
The stock market was inactive only one sale being
reported throughout the day, viz: 10 shares Union
bank at SCI
City bonds continued dali; no GALES have trans.
PRED since last issue. The consolidated are
still quoted at $780, and the railroad issues at 73@sO
according to the coupons. Louisiana skies are
quoted at 5000; Jackson railroad first mortgage
bonds at 72a73; jackson railroad change issues at
1922 and Opslousas railroad first mortgage bonds,
with eight matured coupons, at 54955
In uncurrent money noticei sales of $1,000 city
notes at ss i dollar, 5000 do at 81 and 5000 state
notes at 49, Bank Of Louisiana notes are quoted at
4l9i3 = dollar, and state notes at $685. the inside
figures being the rates paid by dealers for the small
offered at their counters City treasury notes
rule at 5951a T. cent discount. They the general
| of medium exchange in LEGAL and city trade.