New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-01-25
Nrw ORLEANS REPUBLICAN OFFICE.
FprpAY EVENnfu. January "a. 1883
MONETARY.

ORLEANS
FRmAY EVENnfu. January "a. 1853
The commercial week closes this evening
.itbout any material change IN the money
narket. Outside ul The immediate influence
~ The cotton movement we hear reiterated
somnIainis Of undated stringeucy, which
sTises partly from The cxtrtme caution of
Sanitalists, ans their heiug unwilling to lend
their funds on ANY bat the most unexcep-
t;onable securities. Hence, while good
Sotes. guaranteed by satisfactory cnllate~als,
arc negotiated on the street at ll@ls u cent
q manth. and in some instances at l, there
v a considerable volume of second'c lass
amer which can not be done even Vt much
more onerous rates. Mortgage rates are
Groted at 12@l5 u cent u snnum, the for
mer being first class.
egures last evening and closed At l3S49l3sg.
T5e sales include S6500 at 1881; $500 $50On,
s10lOO0 aud $4,000 at 1881; $1,000 and S50OO
n 1881: and $500, $1,000 $4,000 aud S5OOO at
40 Nothing Of any moment was reported
IN silver Some small lots OF American
halfdolla-s changed hands at 1855, but thry
can hardly be quoted higher than lS2sgi55.
Mexican dollars are quoted at l4l0l4l4.
Foreign exchange improved under the
advance in the New York gold market, the
sales of sterling including 9l500 bill q
ladng and larger amount at $50; ElOOO
aad fl5O0 at l5l; $4,000 AL at l6l@l5l4;
fIOOO 6rst class at 1924; el009 in two bills
Al 1872 and 1921; $1,000 at 1924, and f2jOO
bank, at ten days sight, At ll0l for gold;
The market clOsed at l5OADl5ls for good
Al bill of lading and clear; l5!@l529 for
Srst class and private bankers, and 1890
I59l for bank. Ia francs we noticed sales
If X 600 and 80, COO AL commercial at 3.75,
And 81. 900 at 3.732, AL commercial may be
ouoted at S.7513.732, and bank at 1865.
The offerings of domestic exchange were
moderate, aud sellers Of commercial sight
m New York generally commended for Z u
cent discount, but the banks were reluctant
"a nav ever li-l6. The sales included &c.
COO. $500 and $4,000 at 4; $40 600, $40
e00' and some further small SIMS at ll-l6;
and Sos, 900 ESQ, coo and $4,000 a. I. The
hanks checked on New York at ! ID cent
discount, but three bank checks, for $50, 00G
In all, were passed at 3.
The sales of stocks included IS shares
city railroad at $l5S, which is an improve
nent, and shares Carrollton railroad al
ST6 is at SIG SO, and SO at SIT. There were
some other transactions. the particulars OF
which were withheld.
We hear of no sales of city bonds. The
last reported we're at 81 for the railroad
issues and 799se for the consolidated, but
thew could not be moved now unless al
lower rates.
CITY treasure notes were dull and droop
ing The small bills in particular, from the
supply rather exceeding the demand, de
olined fully / q cent, dealers buying at 4!
discount aud selling at o.. We saw some
sales "a low as 5. The large were quiet
With further tendency in favor of buyers
$4,000 sold at I2s discount; some smaller
sums at the same, and $4,000 at 10. At the
close dealers sold at 125 and bought at lSA
The supply Of state notes WAS limited, anC
they could not be had unless at sitter rates
Some few sales were made at 2s@28A dis
count, but at the close they were quoted a
2Tl62S..