New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-09
None tarV and Commercial
MONE TAR Y.

rTY76E OF THE DAILY REPUELiOAS, !
$780, > eT-Esr.Y EVENING. March 9. is.O. !
THE money market proper continues about
the s6Js. The acsence NJ sny speculative
feeling has lrevs1tee 6as ling but limited
movement on tie ct ge5 ~ the way OF car
ryipg securitiesF gois, ., while at the
banks the denf I'D ~ accommodations mas
been fair, TIE r or accepting all the AL
paper 1do,s .e still quote as street rates
iOper - Annum to q cent q month
for Z note secured by unQuestionabe COL
Nj .raie gad 14@13 y cent % month for
pscond srade; l@l4 tor Al business paper
withHut collaterals. and -@1a for second
class; l0@l1 y cent % annum for al mort
rage paper, and II for second grade.
Gold opened at 112t@l125 against ll23 at
New York;, and after selling as low as LOG,
closed at 1l1t@ll1s against lllS at New
York;. The sales included $4,000 at ll04,
SI5. 900 at ITO 1916, $780, 900 at l10s@l1l4,
s25, COO at Ills, $1,000, $4,000 and SIS GOO at
lll5, $4,000. SIS 600 and $40 600 at ll14,
$4,000 at l1lE, $4,000, $4,000 and $4,000 at
liz, and $40, 900 at ll23. In silver the only
sale reported is $500 American half dollars
at ll2. American half dollars are quoted at
about par with gold and Mexican dollars at
2}62a u cent premium in gold.
Operations in foreign exchange were
again quite active, but under the further
falling off in gold, rates suffered an ad
ditional decline OF li@l4 y cent: The sales of
sterling summed up $4,000, including
bill of lading at 1lSs; $4,000 at llS4; fl500
at 49,; $1,000 AL clear at ll9l: f7000 at
1893; f10O0 AL bill OF lading at 1873; $4,000
at ll94; sl500 and f7000 Al clear at 800;
ESQ 600 at l20G120s; $4,000 at 1901; $4,000
private bankfrs' at III, and Els, 600 Al bill
of lading at 1914, gold. In francs there
were sales of l,575, 600 commercial, of which
rrA 4 L. Of
GOO at 4 1904 70; so 600 at 4.723 and 80 600,
$4,000 and 1850 600 at 4 20. Sterling may
now be quoted at 1lsl@ll94 for good TO Al
bill of lading and clear, and l20@l204 for
bank; and francs 4 1894 IS for the former
and 4.71404 20 fer the latter.
The offerings Of domestic exchange were
more liberal, but rates showed no material
variation. The banks checked on New York
at par, and the sales included 500, 600 com.
mercial sight on New York, 2500O and
500 600 private bankers and SAC, 900 bank
at 3-}2 per cent discount; $50 900 private
bank Yrs and $50, 600 and $50, 900 bank Mt !;
S55, 900 private bankers at SIG, and S25 600
commercial lin several sums) at /, and
s25, 0b0 private bankers gold checks on New
York at ! discount. and $40 LOCO bank do
at 1.
In stocks we note sales of 2 shares Pneu-
matte Propelling Company at S145, 100 and
300 Ship Island Canal at 81 %, 200 Crescent
City Siaughterhonse at SCI, and 10 Louisiana
Petroleum and Coal Oil Company at S65.
The only sale reported in warrants is
$1,000 Metropolitan Police at 81. Dealers
bought small sums at S2@84 and sold at 81
0S6. State warrants are quoted at GS@76
according to size. 1000 city seven y
cent certificates Of Indebtedness changed
hands at 723.
Yesterday, not reported, Sl2O0 city treas.
ury notes sold at 27a u cent discount. We
heard of 10 round sales to-day. Dealers
rates for small sums were 80 Is cent dis
count buying, and 27a selling.