New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-01-07
sIttv OtItatts Republican.
iFFcIN JOURNAL OF THE UNITED STATES.
OzElrlAL JOURNAL OF THE CITYOF NEW ORLEANS
Monetary and Commercial.
MONETARY.
NFyy ORLEANS REPUBLICAN OFFICE,
MONDAY EVENING. January 9, 1865. )

MONDAY ENENlhds Jdnudiy " 1--WE ,
The money market is without any material
,,,snge but, if anything, it is more strin-
C, and there is less circulating in the
s5eneral channels of trade. Hence the de-
Sand continues strong, and with an lnsuth-
man iet sTnnly of available capital to meet it,
ooie brokers have some difficulty in nego-
t;oting paper at previous rates. In fact
none can be moved except ng Al with salts
Enntorv collAterals. Mortgage notes are
mated at l2@l5 q cent u annum, the for
nor being the rate for first class signatures
and securities. ,,a,o, -.
.,a,cnd nnder the influence of the accounts
S-nro New York, for which see kilograms,
and after selling up to 1915, closed az i345S@
d Io2 at 1884; $4,000 at 1874; $1,000 at l3li;
S 9SSSo at I34S; S2O00 5000, and $4,000 at l344;
SOSJY al GOO (s5000 and $40, 000) at l345. The
"aIas Of silver were confined to retail trans
octions. but American halfdollars may be
suoted at 1870. A..
Foreign exchange advanced under the
,oonnfs from New York about e cent.
M saies of sterling included moderate
~ n.oTnt AT l441. 10000 Al at l45l. $4,000 at
az siOo0 first class at l46E, $4,000 private
hI aV, at lA71, El200 bank at 1919, and
SI00o Mt l4s. Also, about $4,000 at ITO for
I'D In francs we noticed sales of $4,000
n commercial at 1881, and $4,000 at 3 $50
net Sterling may NC luOtSu a. Af'2W,
IISsi and l41 for AL and first class, and
i1yf66iIS for bank; and francs at 3.923@
aaae2i for Al commercial, and $500 so for
nri,tate bankers and bank.
romestic exchange was offered freely, at
discount for New York sight, but the
Monks were reluctant to pay over l3,l6Oa.
9 g1nA soIes of commercial Included $4,000
a5o aoo S2b 600 (iobilel, and $40, 900 at !
S;scount $40 OOO, $40, 000 and $50, 600 at 1915;
ond s25, 900 (private bankersO, $25,OOO, and
"a, 600 at I. The banks checked on New
York at !. -..,.-
& movement in which Is prevented Dy the
wide difference between the views of buyers
az We hear of no further sales of city bonds.
The consolidated are still quoted at 7s0sO,
and the railroad issues at 81.
Citv treasury notes were more irregular
and easier. The sales of large included
smsll sum (sgO0) at 14l discount, and $4,000
AZ al In small bills we noticed sales OF
Si0OG at "a discount, and $4,000 at 2. The
tormer are uuoted at l3@l4 discount, and
tbe latter at 2024. State notes were quoted
al 275G2s discount. ,,
The new regulations for making up the
Northern mail have caused great lncon
venience both in commercial and hnancia
circles the regular engagements of the day
rendering it extremely difficult to attend tC
correspo1dence in time for the hour oil
closing. 1t is understood that the chang
Al the postofice was unavoidable, being
rendered necessary by the new schedule o
tbe Jackson railroad. The attention OF tn
nostmaster and the superintendent OF thu
FFosd will no doubt be called to the matter
and we hope they will devise some mean
10 obyiate the cause Of complaint.