New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-09-29
Monetlry--eommercial.
MONETARY.
OFFICE OF THB DAILY REPUBLICAN,,
XHnxEsnAY EvRxIMa SAnfAmher "a 1870.

II VRElC8 OE TEE DALI MEFU0HlOAN,{
WEDNESDAY EvxNINe. September ~, 1870
The money market still works close, but
there has been NO marked change since our
last report. On the street AL notes secured
BY UNREASONABLE ollaterals, are quoted at
101A " cent y month, and good to AL and
6rst-class business paper, without cOllate-
rails. at l40I2 and q The rates for mort
gage paper are still l0011 y cent v annum
for Al, and Rails for good and second
class.
Gold opened at l13H s1l3as against llS.s
at New York; and closed at 1872 q 1l3A
against l14). The sales included $4,000,
at Il3; some small amounts at 1l31s a ll3l4;
$l4OO, $1,000, $4,000, $4,000 and $4,000 at
ll3A: $4,000 and $4,000 at 1888; $lO, 900 at
1888 a lI31s and $500 and $500 at 1l3la
In silver $500 and $1,000 in American half
dollars sold 100.
The movement in foreign exchange
showed fair degree Of activity, and with
the improvement in gold rates ruled higher.
ing $4,000 bill of lading at 122A, si3,0OO bill
of lading and clear at l22ls 1925, $4,000
and flJ0O bill of lading at 122.s, 100000 AL
bill of lading and clear at 1924, and $4,000
AL clear at -. Yesterdays business in
Guided fl2,O0O AL clear, sold late at 1913,
making the total sales 5000, instead of
f24,0 900, as we reported. Sterling may now
be quoted at 1924 0123A for good to AL
bill of lading and clear, and l24l4 a 125 for
bank.
With more liberal sales of cotton yester-
day and to-day the supply Of domestic ex
change has increased, and rates to-day were
a shade easier. The banks drew on New
York at 5-l61 Is " cent premium, and the
sales included $4,000. $40 and $4,000
commercial sight on New York at Is pre-
MUM; $4,000, $50, 600 and $50, 900 CONNER
cial, 1000 bank and $S0, 900 private bank
ers' at "; $4,000 commercial and go, 900
$4,000 and $50, 900 bank at SIG, and SIS, 900
sixty days at discount.
In stocks shares Barbarin Gaslight Com
pany sold at S95; so Sugar Shed at $25 IS;
50 do at $25 ~; 600 Ship Island Canal at
25c; 165 Mechanics and Traders Bank at
$50 IS: 100 Union Bank a. $50 so; 81 Mis-
sissippi Valley Navigation Company at
81 IS; 100 do at 50; 100 do at 50 rs, and 10
Sanitary and Fertilizing Company at SIS.
Operations in bonds included $1,000 city
seven p cents; new yesterday, not re-
pOrted), at "a: $4,000 and $500 to-day at
s41s; $4,000 at 745s, and $4,000 at IAN.
Six hundred dollars Fiscal Agency certifi
Gates changed hands at 81 for September
interest and 80 for July, and $4,000, interest
from August Is, deliverable October Is, at
80. A small amount of city ten per cents
lone and two year bonds), with interest,
were reported at LOG.
Yesterday, not previously mentioned
1892 new State warrants sold at IS, and re-
sold at 75l4, $4,000 do and a smaller amount
at 75L4, $1,000 Metropolitan Police at Sc, and
$4,000, deliverable on Saturday. at 96ls.
Dealers bought the former at 74aa a 75A and
the latter at Csc, and sold the former at
75A 75a4c, and the latter at 96.
A small amount of city treasury notes sold
at II discount. Dealers rates were 1920
discount buying and II q Is selling.