New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-30
ON CsRONDELET STREET.


Caronae}et street was awake yesterday.
The somnoence thai, up to Thursday, had
been gaining upon our fnanciers, yester-
day was fairly shaken of, and Richard was
himself again. During the day good
deal, for this market, was done in gold;
but gold operations in New Orleans are
generally very small compared with those
that are effected in many other markets.
and seldom cause much grief or much Joy.
The fact is, that with the present condi-
ton of our foreign commerce, We have no
very great occasion for solid money for
real business, and merely speculative
movements are pretty much regulated by
New York kilograms. By the time that the
old relative commercial status Of our city
is re-estabished, it is to be hoped that
gold will be money instead of merchan-
disc, and meanwhile it is barely possible
that we may retain our financial sound
ness without going into gold gambling
very deeply. lis was the ruling price all
day yesterday; $4,000 changed hands at
the board at that rate, and considerable
sums were disposed Of during the day at
the same figure.
The board was rather sedate and hum
drum last evening, but as soon as the
members gained the curbstone "a change
came o 'er the spirit of their dream''-that
is to say, if brokers ever dream. Chatting
and general POPULARITY prevailed, and IN
the midst of any amount of joviality "the
street" contrived to do more actual bust
ness than usual alter dark.
Ship Island improved yesterday. Two
lots of 1000 shares each were sold at
81 60 and 1000 at 81 Go, before the meet
ing of the board. A sale was made al the
board the evening previous at 81 81.
Mississippi Levee is marching steadily up
ward During the day we heard Of sales
of 400 shares at ST. 25, and 200 at 81 so.
At the board So was the asking price.
The stock Of the Slaughterhouse Com
pany seems just now Unpopular favorite
Either it is bulled with admirable skill or
there is rapidly growing feeling in its
favor. With is extensive franchises, its
managers ought to be able to secure a
most enviable position for this stock by
the use OF ordinary diligence. The fol-
lowing transactions yesterday have been
reported to US: 100 shares at $50, 200 at
$50 %. 200 at So so, and 100 at $50
before the session of the Board. After
the adjournment, the following parcels
were disposed Of: One lot 100 and another
of 115 at So so, 100 a. $50 70, 500 at
s33, buyers option mex. week, so at
S33 so, on the same terms, and 100 at $50,
at thirty days, fat and fixed. Holders ap-
peared confident, and buyers seemed to
encourage their pretensions.
Sales of Metropolitan are reported as
follows: $4,000, new, at 933; $500, old,
at SO1; $500, old, at 50; $500, old, a: 81:
and $500, old, at So.
For Louisiana Lottery $50 was offered
but not accepted.
1t is currently reported and believed on
the streets that the city has perfected ar
rangements with the Bank of New Orleans
constituting that If restitution its fiscal agent,
depositary Of current receipts and admin
istrator of the floating debt. An ample
guarantee for the safety of its funds and
the careful execution of the law with refer
ence to its finances, is secured by the ar
rangement referred to with this sound
bank.
The necessary bonds will be immedi-
ately executed in New York, pursuant to
an arrangement effected by the Mayor
and Administrator Walton. Mr.. Shaw,
Administrator of Public Accounts, adver-
tises in this mornings REPUBLICAN that
holders of certificates of public indebted
ness may, at twelve o'clock on Monday,
present the evidences Of their claims TO be
used. and passed to the Fiscal Agent for
redempt on in cash upon sale of the bonds
The securing of the Bank of New Orleans
to this important trust promises for the
new city bonds the highest prices attain
able ia Europe or America. The extern
sive connection Of this bank with leading
French capitalists is well understood
here.
The following table shows the business
of the Brokers Board last evening: