New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-05-31
Monetary and Commercial.
NONE FAIRY.
OFFICE OF NEW ORLEANS REPUBLICAN,
lLII,EAnhY Nh. lAhl

OFFICE OF NEW ORLEANS REPUBLICAN,
THURSDAY EvESISG MAY 20, 1861 (
There was more animation noticeable in the gene.
erll market, although we have no change of a
quoable character to report in any Of the leading
articles Sugar and rloasses were quiet, with little
Of the domestic production sale, while the move
ment in Western produce exhibited considerable
activity attended with more stability in -four,
especially the fresh grades. dropping tendency in
corn and continued irmness ia oats pork AID lard.
Operations in cotton we're Of liberal charac-
ter the sales the close footing up fully 25l bales
at previous prices, the market closing steady at
quotations
The movement the coin market has been OF a
restricted character, and rates have tuctuated in
sympathy with the course of prices at New York
Gold opened tA!s morning nominally at 1894,
against 1877 =. the opening rate in Wall street, but
later advices being less favorable it subsequently
recedsd and closed heavy al 1862. There was no
of the board Of brokers at IL NJ In the open
market the cash offerings were light, and few buy
ers manifested willingness to accede to the claims
of holders, only limited business has been DONE
embracing $1,000 an1 $1,000 at I36it 5000 and
500 at 1867 SiOOi $500 $500, $500 and $4,000
at 1855; $1,000 at the same, and gold check on
New YORK for 5000 at l q cent premium. There
was little movement noticeabls in silver. only two
sales being reported $3.50 in American halves at $780,
and $3.50 at l24'4 The counter rates. for Mexican
dollars were 1879 l9l39.
Foreign exchange exhibited little animation at
any time throughout The offerings we're light and
the negotiations restricted, dealers combining n, M
selves principally first.clas and unexceptionable
signatures, which, owing to their scarcity com
manded enhanced rates. Tao sales Of sterling, TO
banks and bankers, included: $4,000 bill of ladins
| at 1881 fAO0 Al at lt7ls; a small amount at the
same; E250O 49, E20O0 first class at lisi4 EaJO
bankers at 1902, and 5000 do for gold at 10, The
| sales Of francs comprised Zoo AL commercial at
3s5; 5000 at 3 ST. 5000 bankers at 7si; 10000
sightat 3I5; and 5000 bank at rate. Sterling
may be nomnally quoted at li5sli5ii for bill OF
ading bills; I45 ssl4sis for AL to frstc!ass and $50
for bank and francs at 3s7 93 IS for AL commercial
| and III for bank.
Domestic exchange continued quite firm. The
banks checked on New York at = = cent. premium,
| at which they drew to a considerable extent The
| supply of commercial was limited and the sales
| uncomfortable, including Sli,0OO, sl5OO9 and S25,-
90 New York sight at 4 Z cent. premium; $1,000,
$1,000, sl5OC) s25,t 90, $780, and $4,000 at !,
SLIGO at % $4,000 one days sight at par, and 800
GO Mobile eight at a a cent. discount. The clos
| ing rates for commercial sight i.9as /! cent.
premium
! Stocks were inactive There were no sales at the
| board and only one reported outdoors 40 shares
| Carrollton Railroad at Si
City bonds were dull, no sales being reported
| since our last issue. The consolidated are
still quoted $685. and the raj road issues at 1850
according to the coupons. Louisiana skies are
quoted at $500; Jackson Railroad first mortgage
bonds at 73s7i; and opc,ousas Railroad first
mortgage bonds, with eight matured coupons al
5i955.
In uncurrent money noticed sales Of $500 city
notes at Csc q dollar and 5000 State notes at 30
Bank OF Louisiana notes are quoted at 4l@Dc. &
dollar and State Treasury notes at $685.
Dealers pay the inside figures for the small sum
offered at their counters many retail dea err
receiving the latter in trade at par. City Treasur
notes rule at 5s6 q cent discount, national currenc
being the standard. They tho general medium
of exchange in our local and city trade
There was no business transacted at the nigh
session Of the board last evening.