New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-07-02
Monetary and Commercial.
MONETAR u.

OFFICE OF NEW ORLEANS REPUBLICAN,
MONDAY EVENING, July !, 1867. Z
The general market has exhib ted very little ami
ration, operations in most departments of trade
being interrupted by the heavy rain storm which
prevailed throughout the day. There was trifling
business doing in sugar and moasses, retail prnci-
pally, and only a moderate movement in western
produce, attended however, with better feeling in
pork, and continued tirmness in corn and oats The
demand for our leading staple exceedingly light
being confined to a few buyers. whose aggrega e
business at the close comprised barely 35I bales The
dark anc1nfavorable appearance of the weather and
the rather di- couraging tone of the Liverpool ad
vices operated quite prejudicaly to the latter.
The movement lincoln has been OF restricted
character, and rates have ruled in sympathy with
the of the New York market. Gold opened
this morning nomnaIly at 1339l354, against 1885,
in Wall street; but later advices being less favorable
it eased of then recovered and closed steady at the
opening rates The cash offerings were liyht
throughout, and mast buyers were unwil.
ing to operate, only trfng business has
been done. comprising 5000 at l39 $3.50 at
the same: S2-0) at 12slS; s2)o) and 5000 at
1884, and $4,000 at the same Silver dull. There
sales of American coin reported the counter
rates for which lll@lS2. In Mexican coin we
notice sale of SEQ at 2i5 q C mt. premium for
gold.
Foreign exchange exhibited very little animation.
ling, but holders and dealers unable to agree
as to rates the latter being unwilling to purchase
unless on conditions generally unacceptable to the
former only limited BUSINESS hai been done, en-
bracipg the following bills to banks and bankers
$500 clear sterling at 49, f000 AL Mt l495 f2500 first
class 1901; El60l bank 5l2 fl 90 do at 49, and
cisco do for direct remittance at l53 In francs
notice sales of l5Ooo Al commercial at 3.I7la, and
10 600 bank at 370 Sterling may be nomnaily
nj 1I9G1l2i[ hill Of ladinp hills 1l9nl50l,
for Al to first Glass; and l52Sl52ii for bank; and
francs at 377, for Al CONNIE rcal and 70 for bank
Domestic exchange has continued dull and in
active. The banks checked New York att. a.
cent. premium. at which they drew to a modcr'
ate extent. The supply of commercial less
LIBERAL and the sales rather restricted including the
following $1,000 S20,C0O, $50 900, $4,000, and
$4,000 New York sight at I q cent. premium $1,000
and $1,000 at "a, $1,000, and $1,000 at par $4,000
three days sight at =, premium, $4,000 fifteen days
at cent d count, and $4,000 twenty days at Z
Il cent discount. The closing rates for commercial
sight were ii9]s z cent. premium
Stocks were without animation, no sales being re-
ported from the opening to the closing of business
City bonds were dull and inactive, sales trans
piring throughout the day. The consolidated
are still quoted at 5000, and the railroad issues
at 1880, according to the coupons Louisiana
SKIES are quoted at 1885, Jackson railroad first
mortgage bonds at 729T3; jackson railroad change
issues at 70972; and 0pelousas railroad first mort
gage bonds at 54955.
There were no sales of uncurrent money. City
ury in fair request and at improving rates
Bank of Louisiana notes are still quoted at IL si3c.
r dollar and state treasury at $685. the inside
figures being the rates paid by dealers for the small
offered at their counters. City treasury notes
rule at 5s7H q cent. discount. They the
general medium of exchange in local and city