New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-14
ON CARONDELET STREET,

Inc world moves, surely; but the price
of Slaughterhouse does not move with it.
Brokers apparently think over it good
deal, and they talk of it much more, and
now and then, just to see how the market
stands, they buy and sell it-but after all this
conversation, cogitation and experiment,
the stock keeps its definite, fixed position.
All this is as useless as watching the ther-
mometer in hot weather, or, to use
smile even more common, if not Vulgar
'-the watched pot never boils." Tending
the fire which the bulls try to build
blowing it with all the wind there is to
spare, lifting the lid to view the slow
~ rising steam-it is all vanity
and vexaIion of spirit. Until there is
new move by the lawyers the stock is
dead. Those who are full Of the article
want it to 60 up, but they can't buy just
because they are full. No matter how
dangerous delays are, they must wait.
Those who have none, are willing to re-
main destitute in this particular Of
course, we speak of the majority. Some
dealers have enterprise enough to take
risk, and counting sales and resales, trans
actions bona Jfde and transactions that
will be consnmmated without much loss
on either side, We have pretty respectable
list upon the slate for yesterday. One
thing, by way of deserved compliment,
should be said of our brokers. The
mishaps of the last seventy-two hours
have not soured any ones temper, or
diminished the bon hommie characteristic
OF Carondelet street operators. If any one
makes money by the last fall, we have not
heard of him. The loss of money value to
the stock results from matters with which |
the street has nothing to do. The
Slaughterhouse certificates passing from
hand to hand represent actual invest
ments at figures above present prices,
and the change in the price is the result |
Of no bear influence to put money in the
pockets of shrewd fnanciers. Just now
The thing has gone so far down as to |
damage some of the bears themselves.
Rumors are extant of some proposed
Hank movement Of the States Attorney
General, which is to elevate the dropping
crest of the Crescent City Slaughterhouse
Company. These rumss are vague and
lndefned as yet, but should they prove
rue, some of the lamest ducks may re-
over their pristine gait. The events of
he near future are matter for grave and
lnxious interest.
Early yesterday morning, a few sales
we're reported to us, at something better
han Saturdays prices. OF these we re-
ord, as reported, so at $40, and a resale
# the same at $40. At half past twelve,
is was offered for 1000 shares, and the
'arty receiving the bid was given until to-
morrow to decide. and deliver. An hour
ater, 100 shares were sold at SIS SO. Be-
ides the transactions named, we were
Informed of the following: 200 at ST. so;
5 and 100 at ST Is ; 100 at ST s7l 100,
90 and $50 at SIS. At the close of the
ay, the market stood at from SIT so
0 Sl8. Ii
In Valley Levee We can report the fol-
owing transactions so shares, early, at
8 20, resold at So SO; zoe, later, at
8 rs; 800 at half-past three at IS so.
N hour before the last noted sale 50 was
i'd for round amount. Lots of 80, IT'S
nd 200 shares were sold, buyers option,
Dirty days, fat, at $40. Good for Valley
.evee!
Metropolitans have advanced. $4,000 in I
hese securities were bought at 97l and
esold at SO. We heard of nothing done :
Ship Island or in substantial securities.
ome inquiry was made for Louisiana '
lottery, but no one was disposed to put
upon the market. The approaching
lvldend possibly keeps this stock nuiet