New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-03-03
Monetary and Commercial.
MONETARY.
OFFICE OF THE pAILY E sl 4

OFFICE OF THE DAILY REPUBLICAN,
MONDAY EVENING. March 2, i56s
The money market continues to exhibit
the features which have characterized it for
some weeks past. There is, however less
demand for discounts, and an accumulation
of deposits in the banks, large part OF
which is to the credit of parties who are
ayerse to any immediate Investments.
Mortgage paper and good notes, secured by
satisfactory eollaterals, rule at the previous
rates of l2@l5 d cent u annum. but we
hear of very little movement The banks
discount all approved business notes offered
by their customers, and are free lenders on
solid securities.
Gold opened at l42, and in the absence of
any kilograms from New York until II NJ.
sold as high as 142, but at a later hour set
tied down and closed at lll4Ql4l9. The
sales included $4,000 and $4,000 at l4l4;
5000 at l4Is; Sis, 900 at l4ls1l4l4; $4,000 in
tpo sums, and $40 900 at lay; $1,000, $4,000,
-. 600, and S27, 900 at lui; 81, coo at l415 /;
$see0 $4,000 and S20O0) az l42; and $1,000 at
l4iB. Also at the beard on Saturday even.
Ing so, 600 at l42, and 10000 twenty days,
huSer's option, fat, ct l42a. The market
was quiet with but little speculative feeling,
Aothing was reported in silver.
torelgu exchange was sitter in the morn
iBg& but easier after the news. The
seieSf2f sterling included 9ls0O and $1,000
pln lading at 1924, $4,000 and an ad-
clifton eamount at 1879 f65OO AL at l5240
153 9305a Al at 1927, 1850 QO00, 5000, and
J5pOl nj 10, 6l500 Ut 1851 $4,000 bank and
4lv00 BriV te bangeIs'at 1884 and eIOO0 bank
at 1861. pc market may be quoted at 1928
Dl5S for bili Of lading and clear, 1888
for first-clae aud l53l9l54 for bank. The
movement francs was on an extremely
limited scalG
Domestic tA1chs ,ge was steady at about
previous late ! IL banks continued TO
check on New 70 Dat u cent discount,
and the sales OF Commercial included $50,
600, $50, 600. S50ee s, aud $l60 600 New York
sight at HE discount, and $50. 900 at l. We
also noticed a bank check for $50 600 passed
at The counter demand was moderate.
There was some inquiry in the stock mar
ket, but the.only sales reported were 60 shares
Canal bank at 500, and rs CarrOllton rail !
road at SS3 so; also at the board on Satur- |
day evening Is shares Waterworks at 500 IS; |
% jackson railroad at 81 625; and 50 New |
Orleans City railroad at SlS5.
Nothing was reported in city bonds. They
are quoted at 1880 for the consolidated, |
and 66@67 for the railroad issues. At the |
board on Saturday evening $1,000 Louisiana |
skies with the July coupon on sold at 5lk,
City treasury notes were dull, and if any
thing, weaker. Dealers bought at ISL for
the large and S309 for the small, aud sold
at II for the former and 75C9S for the latter.
$1,000 large sold at IA. At the board on
Saturday evening $1,000 large, Coco, 1000,
and 4000,) sold at l5@; $4,000 small in four
lots at st; 5000 in three lots at
81 ), and $4,000 in four lots at 81 |
The only sale Of state notes reported was |
$1,000 at 4Sc. ID dollar, and at the board, as
above, $1,000 At 50. The market for state is |
unsettled and Irregular.