New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-04
Monetary Commercial.
MONETARY.
OFFfCK OF THE DAILr REPUBLICAN,.
y SATURDAY EvnNIN0, December 3. 1870.

OFFTCK OF THE DAILr REPUBLICAN,. I
y SATURDAY EvnNINa. Recomber B. 1910. 5
We have no material change to note in
the money market. The street rates are
still 10lN per cent per month for AL notes
secured by unquestiOnable cOllaterals; Y
for good do, and IL az for AL business
paper without cOllaterals. Mortgage paper
rules at Soil per cent per annum for al
and first class, and l2 ala for good. and
second grade.
Gold opened at 110ss a llO's, against Iii
at New York; and after an active bust
ness, during which it touched lin, under
rum0rs of liza in Wall street, closed at
HOE 70 against 1llA). The sales in.
Guided 5000 at HOS; $1,000, 5000, $4,000
and $4,000 at l1024; $70,O 900 at llo& 0llO7s;
$4,000 and $1,000 at 1lO|; $4,000, $500 and
$500 at Ill, and 5000 at ll1N.
In addition to the sales of silver reported
Yesterday, about $4,000 Mexican dollars
have sold within the past week at from q,
down to IN v cent premium in gold. They
are now quoted at NO y cent
premium in gold, and American halves at
1O7A a 1884. The market is almost bare OF
| the latter.
The movement in foreign exchange was
very active and with an improvement in
| per cent. The sales of sterling embraced
nearly E145, 900, of which $4,000 bill Of lad
ing at 1884 f45OO clear at 1881; = bill
of lading and clear at 1854 01l9; f1OOO,
$4,000, $4,000 and $4,000 bill Of lading, fl20O
ships bill and $4,000 and E70OO clear at 1l9 7;
fl0,0OO bill of lading and clear at 1854 q
1875; E25,000 AL clear at 1lS7S ll9ts ;
ESQ AL bill Of lading and clear at ll90
1874 E2OOO and $4,000 AL clear at 1874 f;
El5,0OO AL clear and first class at ll9 a 1898;
f10,00O bank and private bankers at 1894 q
1873; bank at 100 and $500 and f7OO
flor remittance direct at 1I0le. We now
quote sterling at 1884 a 1874 for good to Al
bill of lading and clear and -0120A for
bank.
We have no material alteration to re-
port in domestic exchange. The banks con-
tinued to draw on New York at II y cent
discount for small sums, and the sales in
Sill, 900, SIS, 900 and 81, 900 private bankers
at s. discount; SIS, 900 and $50, 900 CONNER
cial; $4,000 and $4,000 private bankers,
and SIS, 900 and 81, 900 bank at 1l-l6; $780,
900 bank at 1892; $4,000, $!5,OOO, $50, 900
and $40, 900 commercial at y: $1,000 sight on
Mobile at % discount, and $4,000 sight on
st. Louis at u discount.
There was more activity in the stock mar
ket, especiallyin Slaughterhouse, occasioned
partly by rumors of further kilograms from
Washington, which led to continuance of
yesterdays brisk demand. extremes of $M
and 81 50 ON the spot, closing at about
$24@M so. The transactions included IS
shares Bank of New Orleans at $50 so; 100
Sugar Shed ISIS paid at $3l IS; 50 do at
$3I so; 100 Crescent City Bank at so %;
$50 Canal Bank at $43 50; 50 Slaughter
house at $24; 50 do at $24 So; II do at
$24 IS; 50 do at $25; 50 do at $25 IS; 50 do
$25 50; 10 and Is do at $25 IS; 50 do at 500;
100 do at $26 Is; Is and 40 do at $26 so; 50
do at $40 IS; IS, 50, 50, 50 and 50 do at s27;
60 and 200 do at 81 50, and 50 do, buyers
option thirty days, at $50.
ex.coupons were sold at 10, $500 do at 7OA,
$1,000 and $1,000 do at "a, and $4,000 new
Louisiana State skies at 65A.
$1,000 new State warrants changed hands
at 7Ol4, $500 do at 71h, $3.50 at 721s, and
$l5, 900 old at 85ls, and $450new Metropoli-
tan Police at SO. Dealers bought new State
warrants at 70072, and sold at7lA4.
Dealers rates for city treasury notes
were still 25a8 per cent discount buying,
and 5000 selling.