New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-09-15

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street needs the presence Of another ele-
ment, now away at Northern resorts, or
too busy here in borrowing or lending
money to take any position relative to the
staple articles of the brokers' trade
Should this state of things continue, a
good many of the members of the
board, and larger number of the ''out-
side" brigade, will have to look out for
| new lines of business. Several rotund
figures are beginning to dwindle, and
among the more wiry specimens Of the
genus broker, there are not few begin
ming to show the clean and hungry
Cassius'' altogether too plainly. The
Brokers' Base Ball Stock Company has
fallen through. partly because Of jeal-
ousy relative to- positions among the
first nine," and partly because many
members have urged too strenuously the
project of diverting its funds to the es-
Enlistment of a daily free lunch for the
benefit of the INDECENT members. This
scheme would have succeeded, but for the
fact that itswas ascertained that each
member was preparing such proofs of his
poverty as would have entitled him to a
place upon the roll of beneticiaries, so
that the free soup was to be paid for by
all participants. A final plan was sug-
gested, that the association develop into
mutual benefit insurance concern, but it
was feared that too many Of the members
would commit suicide sooner than pay up
their dues in the present state Of the
money market The charter is laid up in
lavender for brighter times.
City ten per cents vanished with the
appearance of yesterdays REPUBLICAN,
containing the official announcement of
the Commissioners Of the Consolidated
Debt, with reference to the redemption Of
these securities. They can not be bought
at par, and holders are firm friends of the
city government. 1t is something to have
municipal authorities who make city pro-
misses to pay mean something. If New Or
leans continues to sustain her obligations
fairly, there can be no doubt as to her tu-
tnre credit. $1,000 fiscal agency seven per
cent certificates, dated July, August and
September, realized IS, and $500 Of like
dates brought S5t, $4,000 new city seven
per cent bonds sold at 7l3, and $4,000 at
Y. Three thousand dollars Metropolitan
warrants went at 96; $500 brought 964,
and $4,000 touched 96i.
Slaughterhouse is moving upward, and
an unusual amount for the season changed
hands yesterday at the advanced figure Of
SIS. There We're sales of two lots of 30
shares each. one Of 100 shares. and two
of 200, at that rate SO. 500 is not very
large days work, but it is enough to estab-
ish the price as firm at SIS.
$4,000 new State warrants sold at 73.
Ten shares Sanitary and Fertilizing
brought S23 G25 5 shares Went at 50,
and more sold for S24 so.
Sanitary appears to be flvorahly affect
J
100 shares Sugar Shed were captured
at S27.
One hundred shares Of Navigation were
reported sold at 3 Is: "a Orleans Rail-
road at SIS. and $50 Mechanics and Ira
ders' Bank at $50 IS. Fifty shares Bank
of New Orleans were disposed of at
$40 %, and Is Germania National Bank
at $40 so. One share of Barbarin Gas
Company, old stock, changed hands at
S720. This one share is the equivalent of
eight of the new issue. The demand for
the stock was good yesterday at the rate
quoted.
The Philadelphia stockholders CT the
United States and West India Fresh Meat
and Fruit Company popularly known as
the "Refrigerated Meat Company are
determined not to abandon their under
taking. Changes will be made in the
management that it is believed, will en-
sure a more efficient working to the asso-
citation. and an assessment is to be col
lected to pay off present liabilities and
furnish ample means for the better de
velopment Of the company's purposes.
There will be stockholders meeting in
Philadelphia, on the twenty-siXth instant.
Gold improved little in price yester-
day, to use the ordinary expression, for,
Of course, We mean that greenbacks went
down rs compared with money The
New York rates were at ten, III at half
past ten. Ia at noon, 1144t, and at three,
la. Here, early in the day, it was
bought at from 1888 to 113l, and sold at
from 113S to 1l33 Later the buying rate
WaS 112l anI the Calin1r fin11ra LIE