New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-10
ON CARONDELET STREET,

ON CAROEDELET STREET.
As Mr.. Justice Bradley did not pro
nounce any decision in the great Slaughter
house case yesterday, the brokers were al
at sea. Bets and guesses were plentiful
as to what he would determine, but Their,
was nothing tangible on which to pin a,
opinion as to the value of the stock
Early. in the day the usual crowd about
the ''gold ROOM corner was full of ANNA
ton, every one momentarily expecting 6
bulletin of the decision but, as time
passed, interest decreased until all bands
seemed to agree to trust to luck as TO ope.
raticns. The bulls presented and pre-.
served bold front, and contrived to push
the stock up, SO that at the close of the
day it showed a gain of at least a full point
over Wednesdays closing price.
We can report the following transactions
in Slaughterhouse: 100 shares were sold.
early in the day, at s24; between twelve
and one o'clock 100 brought s25 so; at
halfpast three 3 lois of SO shares each were
disposed of at s25, and later so shares
changed hands at s25 IS. At the close
Slaughternouse was firm at S25 so.
Several sales of Valley Levee were
effected during the day, at rates showing
decided decline in the stock. 100 shares
were sold at 81; two lots of 80 each real
lied 81 Is per share, and two parcels of
so were transferred at 81 so; at four
o'clock 81 % was offered for the stock,
but no one was ready to sell at that figure.
The closing price may be fairly stated at
81 so.
Very little vas done in Ship Island We
can only record 500 shares at 70 cents.
Another lot at IS cents was reported, but
We were unable to verify the transaction.
One thousand dollars in new State war
rants brought IS, 5000 in Metropolitans
were sold at 96!, and 1000 at 96l, $4,000
State coupons realized 81.
Now that the busy season in stocks is
over, it is only fair to say a word concern
ing the body Of gentlemen who compose
the brokers Of New Orleans. There seems
to be popular prejudice against brokers,
but those who have been accustomed to
deal with them in our city, know full well
that no class Of business men in this |
are more thoroughly trust
worthy, more upright, downright and
square in their dealings, than those
who furnish food for this column.
They have only to take things as they find
hem, and to serve the interests of their
clients in the matters entrusted to them,
md as rule we doubt if any set of men
AN be found in this commercial centre
more careful to strictly aihere to their
of every kind, than our
jarondelet street brokers. Of course,
here are black sheep among them, and
'ood many who have no claim to public
steem, both among those who are re-
ularly licensed and those who practice
y the curbstoDe without lawful protec-
ion. There are brokers and brokers upon
be street, and agents of brokers and their
gents, and perhaps the species dwindles
d intinaun,; but the brokers of New Or
ANS, who are known as such, can hold
p their heads beside any other class of
usiness men in this or any other metro
olitan city.
1t is a matter for much regret that the
OCULAR meetings of the board were SO I
ION adjourned. A large portion of our s
opulation is interested in seeing daily a
I'd accurate list of the value of floating
curities, thing now impossible. If c
othing more were to be done by the
oard than to fix prices at the close of
yery days operations, that of itself would =
} reason enough for the continuation of q
e regular meetings of the board. But it t
too late to protest now. s
Mrs Gaines seems to be all right under @
o decision OF the United States Court, d
1t there is prospect Of litigation ahead il
Tough to satisfy the most rapacious OF r
torneys. Il
The question as to whether the warrants o
the Board Of Public Works drawn :"
,ainst the levee fund, would be entirely "
sorbed by the funds to be paid into the ~
sasury August Is, as the last INSTALL RI
ent of the sale of two millions of bonds, O.
IS been one of much interest to contrac- is
rs and other holders of these warrants. III
1t seems that the exigencies of the board f.
We required the issue of nearly half te
ilion dollars OF warrants, which are still ii
paid. The amount to be paid into the
asury August %, will be about $780, pr
0. We are authorized by the Auditor of Nc
bile Accounts to state for the informa- oi
n. of holders, that he will, on the pay "
mt of this sum into the treasury, take -
the warrants of the Board of Public T.,
orks in the order of their date and or
ne, and SO proceed until the fund sub. re-