New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-05-27
Monetary and Commercial
OFFICE OF THE DAILY REPUBLIO AN.
TrEsnAY ENENIsn- Mnr "a IaGa

OFFICE OF THE DAILY REPUBLIO AN,
TUESDAY EVENING. May %. 1858.
We have no improvement to notice in the
money market proper. If anything it is
more stringent for the general run Of the
paper Offering, while there has been some
increase in the applications for bank dis
counts. Strictly Al notes and mortgages
are nevertheless in request at previous
rates, the former ruling on the street at %
cent q month, and the latter at II@Iz y
cent annum. The banks at the same
nave accommodated their customers TO q
fair extent. The street rates may be
quoted at l0Dl4 - cent "a month for AL
paper, and lt0la for second-class, and
mortgage notes at 1l@l2 - cent u annum
for Al, and 130l5 for second grade Lend
ers are unwilling to part with their funds
on long paper, and will listen to no propo-
sails excepting from parties in the city on
whom they can rely for punctual payment
Gold opened at 14Ol@l40s cagainst l4os
at New York;, and after sales as low as
140s and as high as al, closed at about the
opening rates. The sales include $1,000 81
I405; $4,000 at I405; SI4, 900 ct I4O4; $1,000,
$1,000, and $4,000 at 1405; and $4,000 $4,000
and $4008) ct 14I. ~ y 49, -
Ia silver we noticed sales Of $1,000 in
American half-dollars at 1856; and $500 at
LOG. Nothing was reported in Mexican
dollars, which are quoted at l434 in cur
~--rIf eHAAA tAt@I VIII
The cotton movement Increased the sup
pies 81 foreign exchange, and the sales Of
sterling Included $500 good but hardly Al
at 1914; f9O00 at 1885,; $4,000 Al billof lading
and 500 hrstclass at 1884; and about s2000
prlYate hankers' at 154s- These figures in.
We aotieed Gales OF SO, 900 All Commercial at
xii and 25s 600 frst-elass at s.66l. Sterling
may pc quoted at 153l0I53R; and sl54 for
A Ply Of lading and clear; and l54469I541
eDtee lpr. bank; and francs at 8sT3 SCI
I Io - tqrmes and S.s593.6sl Tor the
We have hut little variation to rebart q
domest.c exchange. The banks cO1tinaed
to cneck On NeE FORK at y cent premium,
Dut one OF them supplied its cusfomass Al
!. the sales Of commercial included some
smau amounts OF New York sight at pre-.
mum SloR ~ Syss1a and $500. ana
900 at 8 le, and $40, 900 g II ~
There is very little demhad for stooks
although holders are Willinr "a meet fhe
demand freely. 100 shares Lo1IsianS slafe
Bank sold At S25 ., which u Q Aeiine: 1jo
Merchants Bank 90 SIS Is, also aeeline
80 Union Bank At S33 50, and rs NtA a..
sheEa A advance predicated on an antIei
pated dividend,
Nothing vas reported ia city bonds, hick
are quoted at 50 for the old consolidated
q ior the ne., and e2l 06s for the railroad
Issues. 4ia last salsa renariad1 of jackson
railroad hfet mortgage were at 10. They
are quoted ct 75076, and 0peieusas railroad
hfst .Encrl8nec al t08401. Louisiana State
skies arc quoted at 57Eb2i for the old. and
40 Tor those past dUe aud the State feVee
bonds at the advanced rates Of agIaf0.
0fA1rs Of 2o3 have beda l6fnstd
l1e pm llcati0n Of the Instructions % the
sheriff - receive the city TREASURY nafss n
payment I'll Judgments IN faQor 81 80 s.ifg.
eppaaRed 70 have little inauoncsa On 10
a. s7A cent disconat: 5000 M S47 sisfa
ana 5000 At 80, and some addill5n6l ems
~ a1 amo range. Dealers bodzhf the
small 1la|i a1er6d 81 their counters asNs4
81 aheonn' md Supplied the cuTTens as.