New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-02-08

ogFioE Or TaE DAIly El EEPgRL I '2Is

CaEltjE On THE UAhlll
Fn1pkY BYEgtSd. February z, lsts
Tho commercial week closes this evening
rith On improved feeling in tho money
market AS well rs In trade generally. TIE
RANKS are free lenders on satisfactory. paper
and securities, and on the street good notes
occurred BY solid collaterals can be readily
negotiated at l9l2 and y % cent month:
Nartgage paper is quoted At l2Wl5 u cent
= annrim. bat some transactions have oc-
eurred as high as 10. Among tho indica-
lions OF increased ease we notice q more
s%ive movement In stocks and pretty
senersl advance in al good shares; also
Greater animation in gold, with some specu-
Etiye action, which almost entirely aisap-
neared during the previous strtngency.
Cold opened at l40i, ngainst l40@l40a
iast evening, and closed ri la0i @l40}. The
rales Included $1,000, $1,000. AND $1,000 NJ
Is0}. SIS coo as 1403, $3000 $1,000. and
ese.o09 1T ite2 5000 aud $4,000 at l405
md 5000. 0.O00, and SIS, 900 At l402. Two
cold checks on New York for $25, 600 each
we're passed at I y cent premium. In sill.
ypr we noticed Gales Of small amount of
smericnn half.dollars at 1884, They are
new quoted at 1S3ni3sa, but some holders
Az l54. Mexican dollars are quoted ut
Foreign exchange advanced in agreement
with lie course OF New York gold and bill
markets. Tire sales Of sterling included
fi2oo RO0u Dill oA utulnB ~ 4Os2t ssOpvv ~
1874: Clio 600 a I 1t 15336 DI54A; 6l000 private
bankers at 1543, and f2OOD Mt l5Al. The
business in francs was OF q moderate extent,
including to.0aO Al commercial ut 3.67A;
10000 At 1861. and l7O, 900 three days sight
Al s,65 Sterling may be quoted at l53a0
1kaA for Al bill Of lahtng and clear; 1910
1871 for zlEst class aud private bankers, and
1854 for bank; and francs at 3.6s2M3.e6} for
Al commercial. S65 for private bankers,
and 3.633 for bank.
Domestic exchange exhibited but little
rnrsatiDn. The offerings were not as liberal
as had been anticipated from the cotton
movement, but stiii the tendency was in
favor Of buyers. The banks checked on
New York mostly 81 ID cent discount, be-
Ing still asked in some cases, and the sales
Of commercial included $4,000 New
York sight at discount, $4,000 private
bankers at the same S25 coo. SIC, 600, and
$4,000 at ll1e; Sl00 600 private bankers at
me same, and $4,000, SIS, 900, $40 600, and
10000 at 4, which was the railing rate for
small sums.
ln stocks We noticed sales Of 60 shares
n Rank Of Louisiana at So, another lot at 81,
+ ana 30 Bank Of New Orleans ut S25 u.s..
There WINS no speculative feeling in regard
10 the Bank Of Louisiana, for which still
higher pTiees were offered. $40 was of
iered snd refused for New Orleans city rail-
road, SOL fol Mechanics and Traders
bank, and Si2t SO for Bank of America.
There vas sale Of the last, however, at
loWer figures.
We have heard Of no further Gales Of city
bombs since the small lots Of railroad issues
reported IT 65. They may be quoted at II
, 65s for the consolidated, and o5@- for the
\ fhilroad iasues.
City treasury notes were sitter for the
large but easier for the small. The sales ol
the former included SO GOO at l350134 dis
count, and $1,000 st -. Dealers bought ii
. lS013A for the large, and 1195 for the small,
and sold at ia for the former ard for the
he latter being the ruling rate for round
amounts. In Bank OF Louisiana notes We
report a sale Of $500 at SIC. o dollar but
holders ask more.