New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-01-14
altit, Orleans 8EpahliEau.
Monetary and Commercial.
,rpIoE or TIE DAILY REPUBLICAN,
MONDAY EVENING. January Is. ISIS

IsEfICE f1F THE DAHL ODl4lOAN,l
MONDAY EVENING, January Is ISIS 8
An election for directors of the Mer-
obastsi bank was held today, aud resulted
IN the choice OF the following ticket: Messrs.
~ II Reynes, Thos. SlOO, l.. F. Generes,
fnbn Williams, aud Alfred Kearney. Mr..
Revnes is the youngest member of the
h,ard. but we place his name at the head Of
~ LIST because IL is understood in financial
.%rcies that he is to be president of the
Sant--a distinction and trust fully merited
10 his talent and reputation. We hope that
S5adar his energetic administration the in
L..itNiion over which he is to preside will
mi only be profitable to its stockholders,
mi of substantial beneftto our commercial
community. o.
,osns also held an election tor directors, at
Sehich the following gentlemen were chosen
e. the ensuing year, viz: Messrs. G. Cav
l roc 4. Lanata, John Gauche, G. Cambon,
Rassctt, @. A. De Ruyter, G. Ledig, U.
Marinoni, L. F. Motion. F. Z. Bernard, f.
r FIejtas. and l.. i. Pothier. From the in
terests represented by this strong ticket in
tbe second district we presume the banking
house will be removed to some eligible stu
zion on the north side of Canal street. 1t
Il understood that the election was made
With an expressed view on the part of the
stockholders to resumption OF active BUSH
ness. - -. -. A.. l..
Cold opened at l37, but under the In
anence OF successive kilograms from New
York reporting marked upward move
mont it soon advanced to 1873. and sub
-eouently sold as high as 1879, closing at
iSS;0l3S. against 1877 on Saturday evening.
Tba Gales included $1,000 and $500 at 1879.
SFOo0 nj 1874; $4,000 at 1879; $4,000, in sew
eysl sums. at l37k0l36I; $4,000 aud $40, 600
If 1881: $1,000 and $1,000 at 1873; $4,000 at
1881; $4,000 at 1Ss0l3si; and $4,000 at 1873.
The market was more animated, but with
Iess speculative feeling than might have
Seen eypected under the stimulating in
enence Of the New York kilograms. In
silver we noticed sales of moderate
omount of Mexican dollars at l4l1, and
$1,000 in American halfdo rs at 1874.
Foreign further advanced under the I'M
movement in gold at New York. The sales
al sterling included fl000 bill of lading at
Iiq. GI000 at l49l; a moderate sum at $50;
t fsGoO At i5O9Nl5i; $500 at 1901; a35OO at
-; f5Oe at 1909; $1,000 at Isl, and f25O0 at
lsiI. Also some bank at l5l. In francs
we noticed sales OF moderate amount at
S.T7l; ca, coo and 900 at 3.76l; $4,000
al SIS. and rs, 600 at 3.73l. Sterling may
be quoted as closing at l500l5l3 for Al
bill Of lading and clear. and l530l54 for
bank: and francs at 3.75@3.I34 for AL COM
mercial, and $40 for bank. The advance
NAV be stated at ~ cent ON Saturdays
rates
Domestic exchange was rather sitter, but
without any marked variation. The banks
checked on New York at u cent discount,
and the sales Of commercial included $l0,-
GOO New York sight at ! discount, $l50,000
il several amounts to banks and others at
IlI6, $g5. 900 in four sums at /, $4,000
al /, and $40, 600 three days sight at IL.
In stocks we noticed sales of 20 shares City
railroad at Sl75, and IS at -. There Is only
Amoderate inquiry, and buyers offer figures
which holders will not accept.
City treasury notes were quiet and rather
less buoyant. The large are still quoted at
lsl@l4l, and the small &C 202s; 1880 of
the former sold at IA, and $1,000 at l4t, and
5000 of the latter at 2i. The sales of state
notes included $1,000 at % % cent discount
and $1,000 at 27l. They retail at 26@27.