New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-01-04

rrv ORLEANS REPUBLICAN OFFICE, }
--lN nnIrnLY EvENINa. January 3. l96e.

FRIDAY EVENING, January ., lsoe'
M. money market exhibited but little
chanre to-day. The demand continued
siron9 aud it was difficult to negotiate any
H1l Al paper unless at onerous rates.
Thlt.e WAS at the same time less pressure at
tie banks for discounts, and in the lmme-
alafeipfluence of the cotton movement the
market appeared to be easier On tne street
uand notes secured by solid collaterais were
quoted at l400lA f9 cent u month, second
eraSe paper at 2, and mortgage at l2@l5.
Hsiu frat class signatures or securities
collld be negotiated at II, but nevertheless
eTcebtional transactions have occurred AT
better rate. ..r.o,
Cold opened at 1894, but soon stihened
nnder the accounts from New york; anu
after sales as high as 1881, closed AZ loz44g
1@q the business was of limited extent,
and mostly confined to small inconsistencies a0daa
s@,~I4,ding $1,000 at 1924, $1,000 at 1926, $1,000
8t f929. and $4,000 at 1873. In silver we no.
E,eaa sales of 81 500 in American half dollars
6t 49s1, $500 Mexican dollars at 1909 IN cur
~as.sg. and $500 at q premium IN gold.
31,.fican half dollars may be quoted at us
za{753, and Mexican dollars at 135@l35! in
,|sncy, and 2@l2i premium in gold.
fI|e supply of foreign exchange was mod
ekfe hut rates exhibited little variation
tales of sterling included moderate
&I6aant of bill of lading at IA; $4,000 and
s-bSSH
{4ts- fIO 900 Al with bill of lading Mt l4j;
6rstclass at I45E, and 10000 Al to first
EI4 at I45@l453. In francs we noticed
Fei1t of 30 600 commercial at $3.50; about
"a IA AL at 1921 1851 600 at 3,Jl4, and
IN COO sight at $50. Sterling may be quoted
1fi-l45 for Al with or without bill of
lSiing; l45l@l45A for frstclass and private
h&ekers', and l464l47 for bank; aud francs
Ba37-3. Ola for Al commercial, and $50
@ p74 for private bankers and bank.
va have but little variation to note in do
4hf2fic exchange. At the opening of the
4aefket sellers we're rather stringent in their
s7s7ensions, but subsequently met the de-
n,4dd freely, and toward the close the ad-
91ntage was on the side of the buyer. The
fa.sks checked on New York at ! u cent
lHefoupt. and the sales of commercial in
eIn1ed $40 600 New York sight at ll-l6 %
ssnt discount; $500, 600 in several amounts
s6 hanks and others at 4; $4,000 in three
snsns at 1915; So, 900 at / and $4,000 Bos.
fonsight, without grace, at the same.
Nothing transpired in stocks, for which
tfs6fe is little inquiry, excepting at prices
which holders will not accept Quotations
are nominal.
va hear of no further sales of city bonds.
the consolidated are still quoted at 1880,
and the railroad issues at 81.
0ity treasury notes exhibited q continued
inward tendency, the sales of large includ'
rs $40 600 at i34 discount; $4,000 at Is;
$1,000 (2000 and IL ,000) at l24; $40, 600 at
391 and $ll, 600 (lO00, 5000, and $1,000 at -
5000 small sold at 81 The market closed
IS i2@l3 for the large and 2G24 for the
amall. The sales of state notes included
9aoO0 and 5000 at 245 discount; $1,000 and
$50 GOO at S244, and $1,000 at the advanced
rte of "a. Toward the close the market
Ns less buoyant and purchases could have
BEEN made at %.