New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-11-10
Monetary--Commercial.
MONETARY.
OFPICB OF THE DAILY kEPuGLiCsN,
EunSzsnay Kyry1NU. November ., 1870.

OKP1CH OF THE DAILY REPUBLICAN,
WHpSzspAY KvENING, November y. l81O
We have no change to report in the money
market proper. The street rates are a u
y cent j. month for AL notes secured by
unreasonable cOllaterals; " for good DO,
and y az for Al business paper without
collaterals. First-class mortgage paper is IN
request at 10 y cent y annum. The ruling
rates for mortgage paper are lUdl2 q cent
y annum for Al, and 12f0 Is for good and
second-cla
Gold opened ut 1l0as ll0"s against
Il8le at Now York; and closed at the open
ing rates against ll0as). The sales in
cluded $1,000 and $4,000 at HOS; $1,000
$1,000. $1,000. $4,000, 100000 and $4,000 at
HOS: and $1,000, $4,000, $1,000 and $4,000
at 1903. In silver $1,000 in American halves
sold at 10Y.
Foreign exchange ruled lower toward the
close. under the decline in gold and domes-
tic bills, though quite fair business was
done at yesterdays figures earlier in the
day. The sales of sterling embraced
$500 of which $4,000 clear at ll9 1875;
f25OO bill Of lading at ll9; fl0O0 and $500
Al clear and $4,000 bill of lading at 1873;
of lading and clear at ll9 a l19H; t2i 600 at
li90 1885; $4,000 AL bill of iading at ll9's;
$4,000 first class and private bankers at
1872 1895. and - bank at l2OL4,
Sterling may now be quoted at 1854 a ll9
and 1874 for good to AL bill of lading and
clear, and "a 1904 for bank.
Tho offerings of domestic exchange were
more liberal. and rates suffered a decline OF
fully Il T. cent. The banks still asked Is
= cent premium for small amounts Of New
York sight across their counters and the
sales included $4,000 commercial and S4O.-
600 bank sight on New York ut 1872 y cent
premium; $4,000 bank and private bankers
at par a 1872 premium; $1,000 and $4,000
commercial and $4,000, $4,000 and S25,-
900 private bankers at par; $4,000 bank
and SIT, 900 private bankers at 1872 discount;
$4,000 private bankers at 3-32,, and SlO,oOO
800 $4,000 and $50, 00o commercial, and
$4,000 private bankers at a. We heard
also. of a sale of 1000 bank sight at the
latter rate.
We notice sales of $500 private bankers
gold checks on New York at II = cent dis
count, $500 at SIG, and 81, 900 at a. Some
of the banks are asking par.
The business in stocks included 100 shares
Sugar Shed at $23; 10 st. Charles Street
Railroad at sec SO; few shares New Or
leans Gas Light Company. at sl52; $50 Mis-
s. 81 y: 50 do at 90; Is Louisiana State
National Bank at $9O;-Barbarin Gas Light
Company at $l95; Ia do at $500; Is do at
the same. II do at $20l; IS do tre-sale) at
SOL 50, and 10 at $2O5.
Operations in bonds included $4,000 city
ten per cents yesterday. not reportedl at
80; $500 new city seven per cents at 74is;
$1,000 and $1,000 do at IS; $500 old city
seven per cents at 1884, and $1,000 United
States j-oOs of 1862 at 1922.
Several days since $500 Home Insurance
Company's scrip Of 1866 and 1869 changed
hands at 64ls, and $1,000 of 1853 at 9Oia.
$500 new State warrants were sold at 49,
$500 at 74k. $4,000 at 74a,, and $500 lsmalp
at IS Dealers bought them at 1914, and
sold at 74a75.
There is scarcely any thing doing in city
treasury notes. Some of the dealers offer
to buy trifing sums at 30 y cent discount,
and sell at ..