New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1867-08-27
Monetary and Commercial,
MON ETAR u.

| NEW ORLEANS REPUBLICAN OFFICE,
MONDAY EVENING August rs. 1867.
The general market has been attended with little
activity with change of reportable character to
be noticed in any of the leading branches of trade.
The movement in cotton has been restricted, the
great disparity between the views of buyers and sell
ers in connection with the limited character of the
supplies preventing the consummation of any trans
actions of moment. Hence the transactions have
been light, aggregating $50 bales at prices generally
within the range OF previous quotations, but the
whole disclosing a softer feeling.
In sympathy with the of the New York
| market coin has continued buoyant throughout.
Gold opened nominay at 1884, against 1905 in
Wall street, but subsequent advices being more
favorable. it stened and closed firm at about 400.
The offerings rather light, and the disposi
ton to OF restricted the sales have been
confined to the following: S2000 5000, $780, and
$4,000 at lao; $4,000 at the same $1,000 at Sl40Ii
and 5000 at the same rate There a fair demand
for silver but the supply light the sales have
been rather limited, comprising $500 in American
halves at 1323 $500 do at l33 and 500 Mexican dol
| lars at 1885,.
We have few transactions to report in foreign ex-
change. Owing to the restricted movement the
supply of commercial bills light, and private
drawers unwilling to sell unless at rates in ad
vance of dealers runs, the business has been nee
essarily restricted being confined to the following
negotiations to banks and bankers fl000 AL sterling
49, elOOO and e30O at 1884 600 first class at l54
fOO0 at the same and ESQ bank at l5is. In francs
notice sales of 900 bankers at 3621a and 900
do. do at $40 for gold. Sterling may be nominally
quoted at l5l@i52 for bill of lading bills; 1539l53h
| for AL to first class. and l541E9l55 for bank and
francs at 671 for AL commercial and 659362ls for
| bank.
| Domestic exchange has been quiet, with no mate
| rial vara ton in rates. The banks continued to
| check on New York at "a p cent. premum few how
| ever, being willing vo draw for round amounts at
| this figure. The counter demand was moderate.
| The supply of commercial was fair, and the sales
rather liberal, including $4,000. s3OO0 s7OOO $4,000
| $1,000. $4,000, and $4,000 New York and Boston
sight at "a p cent premium 5000 az SIS $4,000 $780,
5000, S6o00 and $4,000 at u, 600 bank check at
T. 5000 five days par, small amount of fifteen
days sight at u = cent discount, and $4,000 thirty
| days at a. The closing rates for commercial were
| 1856 and "a Z. cent. premium.
| The stock market was dull and inactive no sales
| being report ed from the opening to the close of
| business
| City bonds inactive no sales Transporting
throughout tie day. The consolidated are still quoted
at $50 &c. and the railroad issues at 769T8c accord
ing to coupons; Louisiana skies quoted at 5000;
| jackson railroad first mortgage bonds at 70972;
| jackson railroad change issues at 70972c.; and
Opeousas railroad first mortgage bonds at 54S55c.
In uncunent money noticed sales of $1,000 ty
treasury notes large, at &c. dollar, and 5000 state
notes 74ic. Bank OF Louisiana notes quoted at
i3@4ic. dollar, ard state treasury notes at 7i76c
the inside figures being the rates paid by dealers fol
the small offered their counters City treasury
notes held firmly by holders although under
going quotable improvement. The small issues
ruled at $685. 2 cent. discount, and the large
llGl2, and13c