New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-11-29
M0netary--C0 eFcial.
MONETARY.
0FFlCR NF.THE DAILY RRPUBEaCAN
MoNnAY. EvKwrN6. November ~, 1870.

0FFlCR 0FTHE DAILY REYUBEdCAN. 4
MISUNDERSTANDING, November a. 1870 },
we are unable to report any marked yari-
alton in money since our last report There
is still q strong demand for accommodations
at hank, but outside we notice compare
lively Little Al commercial paper offering.
The street rates may still be quoted at a
Ia per cent per .Ioonth for AL paper Sc
cured by ungIestionable1c ollateralss "a
liz for good do and L " az for AL business
paper Without coalaterals.: Mortgage paper
rules at Coll per cent per annum tor Al
and IL q IA for second class.
Gold opened at lllas 0lllas against Ill q
at New York., and after q very good kusi-
ness, during whichit touched lllsa, closed
at iii Is q 11lA AGAINST ma. The sales
included $40, 900 At NJ IL, $780, 900 at lllA0
Illls, $l5OO at u1as ,$2O, 600 at Ill a 01ll!2,
$500 at Illla. $4,000, $4,000, $1,000 and a28,-
600 at Illss. and $3.50 at ll134. A small
amount of American silver halves sold. at
1884. - .4....
A very active business was transacted in
foreign exchange at Irregular and lower
figures, the market closing at decline OF
81 3. " cent. The sales Of sterling reached
nearly fl35,O00. of which $4,000 clear at
.ll9ls,; $4,000 bill Of lading at 1895; = at
1917 1894; 100000 at the same; tl2,000
bill of lading and clear at Jl9as 100; f200O,
$4,000, $4,000 and 5000 Al clear, and $1,000
Al bill of lading at 1884,; $4,000 Al bill Of
lading at 1879; $4,000 Al bill of lading and
f25O6 Al clear at l2o: $4,000 bill Of lading
and clear at 1894 a 1904; $1,000 and 5000
Al clear at l2Ols; elS,0O0 AL cleay at ZOOS
022Oas; $4,000 at 1904; $500 private
bankers at l2Ola; 1890 ships bill at 1909,
and 1000 bill of lading at l07a4 gold. Ster-
ling may now be quoted at 1894 a 1893 for
good to AL bill Of ladipg and clear. and
% 1904 for bank.
Domestic exchange was rather weaker
toward the close, though hardly quotably
lower. The banks continued to draw on
New York at IS p cent discount. and the
sales included $4,000 bank sight on New
York at 7-l6 discount; OBJ, 900 commercial
and private bankers and $40 900, $50 900 and
$40, COO bank at 1s; $4,000 commercial at
S-16s ~; $4,000 at 1882; sl5,O0O and s20,-
600 at GIG; $25, 600 at 81, aud $1,000 sight
on Precedence at the same.
Bank gold checks on New York are quoted
at u y cent discount.
There was more activity in the stock
market. The sales reported are so and 100
do. at &H 37A2, % Sugar Shed at $50 so,
100 do. at $3I, Is do. at $3l SO. and Bar
BARN Gas Light Company at $l75. We
heard also of a sale Of 800 shares Canal
Bank and Of other transactions, particulars
suppressed. During the afternoon Sugar
Shed was offered at $50, and no buyers.
In bonds, $4,000 new city seven per cents
sold at "a, $4,000, do. (resalel at 74A, $l5oO
do. at 741s, $500 do. 74l1, $4,000 old city
seven per cents at 7las, $4,000 do. (resaleI at
u, $1,000 city ten per cents at 97la, and
$4,000 new city Of Jefferson eight per
cents, January coupon, at 80 $4,000
city Fiscal agency certificates lSep-
TENDER - changed hands at 81, and $500
do {se-sale) at 81 la. and $1,000 city seven
thirties at sla4. $1,000 Metropolitan Police
warrants, new, we're sold. deliverable to-
morrow, at 81 l2, and $1,000 neg State war
the former at 81 and the latter at 20 az,
and asked for the former 81 09s. and the
latter 7l1s 072ls. Dealers rates for city
treasury notes were D 026 per cent dis
count buying, and 20 022 selling.