New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-23

uFBICE OF THE DAILY REPUBLICAN,
TUESDAY EVENING. March r. tsGo.
The money market is without any marked
change. On the street AL notes with un-
questionable collaterals, are quoted at 10
u cent ~ annum to q cent u month, and
second grade at l4a13 % cent q month.
AL business without cOiIateralS at 10l4 u
cert % month, and second class -0l5.
Al mortgage paper at 10@ll u cent P an
mum, and second grade Az II.
Gold opened at l125@ll2s against 1124 at
New York; (, and closed at 1l2b@1l24 against
lI2s at New York;. The sales included $500
and SIS, 600 at 1l2j; $500, $1,000. $4,000 and
$4,000 at 1924; $40. 900 at li24@l12s, and
$40 900 at ll2s. No sales of silver we're re-
ported. It is still quoted nominal at HOO
i'll for American half dollars, and 24@-
18 cent premium in gold for Mexican dol.
lars.
We noticed an increase in the offerings of
foreign exchange, but still the market was
too poorly supplied to admit of more than a
limited movement. The sales of sterling
embraced about f46, 900, Of which f2500
bill of lading at 1901; f2500 at I20t@l204;
$4,000 AL clear at l204@l2l; $4,000 at 12l
5l8,O00 Al bill of ladiDg and clear at III a
1911; and f400O three days sight at 122.
In francs, 1926. 900 commercial changed hands,
including $4,000 at 40, and $4,000 and
100000 at 4 $50. Sterling may be quoted at
clear, and l21a@122 for bank; and francs
4.70@4682 for the former, and 4.664@f 65
for the latter.
The supply of domestic exchange was
more liberal, good part of which was
doubtless brought out by the unusually high
rates prevailing for'this season of the year,
but still the offerings were not in excess of
the demand, and the market closed a shade
sitter. The banks drew on New York at 1
- cent premium, one of them, however, ask.
ing Z, and the sales included 500 600 CON-
nercial sight on New York at par@s IL cent
premium; $4,000, $4,000 and 100000
commercial, $4,000 private bankers and
$4,000 bank at J.; $4,000 and $4,000 com
nercial at 1-l6; $S5 900 at 1852, and $685.
coo gold check on New York at par.
Nothing reported in stocks. We noticed
sales of $4,000 old Louisiana State skies,
August coupon, at rs; $4,000 State levee
eizes, at the same, and $4,000 city seven per
cents at 734. Yesterday, 100000 State
levee eight per cent bonds constituting the
entire present issue, were negotiated by Mr..
Gains, president of the Citizens Bank and
commissioner forthe State, to Messrs. Hunt
& Macaulay, at 80. AS these bonds were
with September coupon, it was agreed that
the State allow, from the price just stated,
interest from July to September, two
months, so as to make them equivalent to
bonds with July coupons. This puts the
actual price paid at $50.
There were several round sales of State
securities said to be at an advance, the par
ticulars of which were suppressed. In war.
. rants $4,000 State changed hands at 80,
$500 at 90a, aud $1,000 at 9l4, and $4,000
Metropolitan Police at $50. Dealers bought
the latter in small amounts at So, and sold
TO taxpayers at 50. We note sales of $1,000
city treasury notes at 125 $3 cent discount,
Sll00 at 13h, and $1,000 at IA. Dealers
bought small sums at l3 discount, and sold
atl2l.