New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-04
Monetary and Commercial
OEFIOR OF THE DAILY REPUBLICAN,
THuRspAY EVENING. March B $50
MONETAR r.

OEFIUR OF THE DAILY REPvkLIOAN,,
THURSDAY EVENING. March 3. 1870
The money market proper is unchanged.
On the street, AL notes with unqnestionable
collaterals were quoted at 10@l2 per cent
10 annum, and second grade 14@l3 ID
cent per month AL business paper with.
out collaterals, at l@l4 % cent per month,
and second class at gil; Al mortgage
notes at lo0l1 % cent per annum, and
second grade II
New York;, and after very light business,
closed at 1l5@ll5f against ll5b at New
York;. The sales include $4,000, $40 600
and $40, 600 at 1l54@ll5a; $1,000 $1,000, $4,000
$4,000 and $4,000 vt ll5g, aid $1,000. $1,000
and SIC, 900 at l159. IL silver, the only sale
reported is $4,000 in American half-doilars
at ia. 1t is quoted nominal at l139@lA
premium in gold or Mexican dollar.
The movement in foreign exchange was
quite active, but rates were irregular and
decidedly lower, the market giving way by
the close 4 f8 cent, in agreement with the
course of GOLD and bills at New York. The
sales Of sterling embraced ELI 600, of
which f3500 bill of lading at 123i; $4,000
and $4,000 Al clear at 1888; f40 600 bill of
lading and clear at l234 q ia; $4,000 and
ELS, 900 AL bill of lading and f200O $4,000.
and $4,000 AL clear at l24; $4,000 AL
bill of lading and clear at l249l243, f1l00
clear at 1874, and $4,000 private bankers
and 5000 and $1,000 bank at l249. In francs
1000, 900 commercial chanled hands,
Including 650,0O0 at 4.56!; 10000
at 563@455; 100000 at SIS; 300.
OOO at 455@4 $50 and 100 900 at 532.
Sterling may now be quoted at 1234@l233 tor
good to AL bill of lading and clear, and
124401244 for bank; and francs457 5 @4 SCI
for the former, and -@4525 fer the latter.
Domestic exchange was without any ma.
terial variation. The banks checked on
New York at par, and the sales included
SIS, 600 bank sight on New York at 30 u
cent discount; S45 900 and $500 CONNER.
. cial at /, and $40 600, 100000 and SO. 900
private bankers and $4,000 and $4,000
bank at the same.
v In stocks v motto ID sales Of 80 st. Charles
Street Railroad at S63 rs; $4,000 city
seven per cents changed hands at =
The following sales were made at auction
to-day, by II. w. Palfrey, auctioneer:
share New Orleans Opera Association,
1902 50; 10 Mechanics and Agricultural Fair
Association of Louisiana at Sl9; 8 Jackson
railroad at SIS %; LOG do at IS so; Is Ope-
lOusas railroad at 10c; liz Bank of Lou
isiana at soc; Louisiana Tehuantepec
Company at 81 so; so Shoe Manufacturing
Company at &c; 2 ConcOrdia Club at Csc; Il
New Orleans City railroad at S166 so; II
Louisiana State six per cent bonds $500
eacb). with July coupons, at 70lc; 1 do of
$1,000, August coupon, at II; A do do, May
coupon, at 7la; do do, July coupon. at 702,
and railroad city bonds of $1,000 each, May
coupon, at IL. $50 Louisiana Insurance
scrip of 1865, s24O of 1866 $50 of 1867 and
$13O of 1869 at zoe; $40 Merchants Insur-
ance scrip of 1867 and $40 of 1869 at
81: $40 New Orleans Insurance Of 1866,
$50 of 1867, $40 of 1868 and $50 of
1869. ex interest, at 775c, $3.50 and sl770
Merchants Insurance of 1866 at Tie: $1,000
do do at the same; Sil40 New Orleans IN
surance of 1860, 1861, 1862 1865, 1864 and
1865. ex interest, at zoe; $1200 do of 1862,
ex interest, at &c. and $1,000 Home In
surance of 1860 at 63c; $50 matured State
coupons at CSC; Is shares Crescent City
Railroad stock at SIS, and 20 st. Charles
street ut S63 30.
We note a sale of $1,000 Metropolitan
police warrants issued to Jefferson City
patrolmen at 75 Dealers bought Metro
poltan police warrants at 70 for the JEFF.
fefson City and S0@8l for the New Orleans,
and sold the former at IA. and the
latter at 824@S3. Dealers rates for State
were 74@78 buying, aud 7529s0 selling.
Nothing reported in city treasury notes.
Dealers bought the small sums offered
across their counters at SO discount and
sold at 80.