New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-06-13
Monetary and Commercial
mon ETAKY
OFFICE or TRR DAILY REPUBLICAN

OFFICE OF TIKI DAILY REPUBLICAN
Fs.OAH EvENIsG, June u 1863.
The commercial week closes this evening.
Operations III our leading staple embraced
about 100 balee, being divided between
only three or four parties. In the money
market proper loans may be obtained with
much greater facility on good paper, but
which has not hitherto been regarded as
strictly tirstclsss. Levee State bonds and
Jackson Railroad stock have advanced, and
there Is strong demand for the latter on
northern account. some considerable orders
for them having been received from parties
IN New York, On the street good notes sc.
cured bY solid cOlleterals are done at I06nI2
a cent 81 annum. Mortgage paper rules at
4OC0l2 81 cent SB annum for AL, and I33l5
ana Is for second and third grade. The
banks continue to discount most of the aD.
proved paper offered by their customers,
and are free lenders for short periods on
satisfactory collsterals.
Gold opened at 1894 against lao at New
York; aud after selling as low as 1879. and
IS high as lao closed st I39l0I40. In silver
$500 IN American half.doliars sold at I95,
$1,000 $4,000 aud $1,000 at 1861; 800 Mexican
dol ars at 43k in currency; 1000 lin two
equal sums) at I44 1000 and 1000 az 81 pre.
MUM in gold. We quote l354@l56 for
American half dollars, and l4S4 for
Mexican dollars.
The only transaction reported in bonds
was five Levee State at Az, further i'm.
prOvement. Nothing il doing Ia city bonds,
which are QUuled nnminally at 7i@sO for
tee consolidated and 62A6l63 for the railroad
issues. Louisiana State stxes are quoted at
tT@bs; jackson railroad first mortgage
bonds T6@T7; aud 0peloUsas railroad first
mortgage D@42s.
City treasury notes were much firmer
during the early portion OF the day, but
subsequently eVinced considerable weak.
a auN an Hsarfr ksaI -, 4
$1,000, $1,000 5000, and 5000 at 50 u cent
discount. The dealers bought the small
amounts offered at their counters at figures
ranging from 36a to 81 discount, and SUP.
plied the current demand from taxpayers AZ
343096.
In State notes $1,000 changed hands at Il
y cent discount and $500 at "a.
With rather more movement in cotton,
the offerings OF foreign exchange were to an
increased extent, but without any alteration
IN rates. the business in sterling including
small bill of $500 at 1921 $500 at 1925.
SD 900 AL at s53Gl53i, sleOO, a2OOO, and
1850 bank ut l56; 10000 AL commercial
IEAncs sold At sly; 10 eco bank eco days.
az va, and 5000 (sieht) at co. Sterling
may be quoted ST 152s0SI63, and 1854 for
good 70 AL bill of ladiug and clear. and
l64a@l65 for bank; ami francs at ron
3.67A tor the former, and e2l for the latter
There hAs been moderately fair degree
Of animation in the market for domestic
exchange, rates, however, showing no varia-
tiOn. The banks checked on New York At
I ~ cent premium, and the sales of CONNER.
cisl inc uded $1,000 New York sight at par;
$40 600, Sl0005. aud $4,000 at ! y cent
premium; SO 600 and S25, 900 at l6; SI6. 900
Ct 1; $S0,O0o three days sight az
! discounts, sl5,oOO Ct d $4,000
st. Louis at ! discount: $4,000 on Cincin.
matt at the SAME; and 5000 on Chicago at
the ZANE. There were also sales of $40 900
and $50, 600 New York sight st {. I6 premium.