New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-17
Monetary and Commercial
AGEETAE ".
CPFIOE or THE DAILY REPURLiCGN,t
SATCRpAY EVENING. April lg, Ie79.

CFFIOK OF THE DAILY REPUBLICAN,, /,
SATURDAY EVENING. April le, 1879. :
The money market proper continues quiet
and easy, with no quotable change in stree.
rates. which are l09l2 f8 cent % annJssl
for Al notes secured by unquestioDEole
collatterals and Al business paper WI >out
cOilaterals, aud l40ld per cent u mouth Tor
second grade; l0Gll D cent u anuum for
Al mortgage paper, and 12@- for second
grade.
Goli opened at ll3i0ll33 {against 1875 at
New York; and after touching lib, clos ed
at ll3E 10 l34 against 1875 at New York;
The sales Included $500 atll3; S6000 SO 900
aId $40. coo at 1l3t; So 0O0 $25 coo, and
S2j coo at ISL; $1,000 at ll32; and $4,000,
5000 and $4,000 at ll33. Nothing transpired
IN silver.
Foreign Exchange varied in agreement
with the course OF gold and bills at New
York, the market closing at net improve
ment Of a63i b cent Tor sterling bills. The
sales embraced G45 900, OF which $4,000 bill
cflading at 1928, $1,000, $1,000 and $4,000 al.
1923; $4,000 Al Gear, Gate last evening" At
1929; $1,000 first class bill Of lading at l22{@
1913; $500 ana $4,000 Al clear ana $4,000 Al
bill Of iadiug ana clear at 1913; $4,000 Al clear
st 1888; $4,000 at 1891 AID $4,000 brnk at
l234. In francs We note sales OF $40 600 in
cludng 20 GOO commercial at 62a; It's 900
81 GIL; Is, 900 AL commercial and 100 600
bank (eary) at 40 and so 600 bank at
4 5S3. Sterling may now be quoted at 1929
Ml22i and 123 for good TO al bill of lading,
and clear, and 1926 for bank, and francs
4.634G4 624 for the former, and -94.573 for
the latter.
Only a moderate business was done in do.
mestic exchange, at about previous rates.
The bank rate for checks on New York was
still I T. cent premium, and the sales in
cluded SIS geo and $40 600 commercial sight
on New York at SIG premium; S25 COO
S25, 600 ana $50 900 commercial, and S24 600
b, Tx at 1: s23, eco private bankers and
S25 900. $40 600 aud $50 900 commercial at
9,32, and SIS, 600 bank at SIC.
The sales OF stocks included 100 shares
Sugar Shed Company at S32 80 aud so a.
1925; 100 Mississippi Valley Levee Company
Sl3; 100 Crescent City Slaughterhouse at
at S3l: geo Ship Island Canal at 81 67t, and 20
and 80 shares Importers Bonded Warehouse
Company yesterday q: Sl02 so. We no.
tice also the following auction sales: shares
Pneumatic Pro3eiiing Company (by R. VI.
& B J. Montgomery, auctioneers) at $50;
do do Mash Il Hodgson) at s95, and 80 Clti-
zens' Bank (Messrs. G. f Girsrdey & Co.. at
ISL; Bank of America at 5000 70; Gas
Company at S153 80; IS Odd Fellows Hall at
81; 20 Pontchartrain Railroad q, SOL So 10
st. Charles Hotel at $40 so; 20 Louisiana
Tehsuntepec at 81; $3.50 Sun Insurance
scrip of 1855 at 9l5c: $50 and $40 do of 1859
at 7Gsc; $40 and $500 90 of 1860 at 7O4c, and
so aud $500 do of 1861, and $50 Home H.
suranCe Company Of 1853 at 66c.
Two thousand dollars new state warrants
changed hands At so, ara $4,000 old do at
94}. Dealers bought State at s8@S9 for
new. aud SO for old, and Metropolit IN Police
at 92@924. ard sell the former at 81 for new
and % Tor old, and the latter at 93I@94.
Nothing reported in city treasury notes.
Dealers rates for small sums were III dis
count buying and 10 selling.