New Orleans Republican., 1871-11-07

sMo1l ~ ann2in6 z1DeeA AinoqR - 1hAejnu
cidentals necessary to the complete success
Of tle uaaertalips are al lroaeQDd By
it's friends ii the belt order. At tie Board
Of Brokers last evening el62 50 wss bid for
the stock-$200 asked.
In Levee there is no move.
Meat. Having fallen t. the low
mark Of 81 IS, it stood last evening
at $3-$3 1h asked. The sales made show
this to be the correct quotation, though
few shares were disposed Of. In this moro
than in any other medium of faucy specu-
lation are tho stockholders and outsiders
waiting for what will turn up. Lines in .
daily journal in reference to the levees,
speeches and opinions expressed, all touch
the stock in its weakness and make its seat
ing pulse lower and still lower, A hush
prevails over all transactions in the little
office occupied by the company, and it is
doubtful if any operations are going ahead;
if otherwise, the public are very
skeptical on this point. Ammonia Pfopel-
ling Company, for the present, stands still.
There has been no panic, NO sudden dispo-
sition to sell, no movement by which greedy
destructives could profit. All the stock
offered was sold. Then no more was to be
had We have heard of no sales, nor any
offers to sell.
Beside the stocks, State and city war
rants claim attention but bring up, no SEN
sation. City certificates are quoted about
the same, with slight and scarcely appre-
ciable downward look. probably owing to
the lack of animation in the demand.
State warrants stand still, located te.
tween IS and 60 cents; possibly 62l4 or e5
cents may have beer realized in excep-
tional transactions and for small size, but
it is believed the running rate is what is
first quoted. But all these securities are
subject to fluctuations 90 varied as to dis
miss the possibility Of determination. One
eager to buy will pay more than the rate,
while IN Indifferent purchaser can buy low.
Hence sale here and there can scarcely
be brought mp as fair basis.
There are varying opinions about money,
aside from the usual reports, and so wide
are the differences that almost any state
ment about the condition of the market is
liable to discussion. 1t is reported as being
easy and light in the same breath, but judg-
ing by some recent street transactions, one
would be near the truth who would pro-
nounce the late pressure as diminishing day
by day. .t..-. 49,
Cotton shows signs of activity yet, though
all Mondays in this business arc blue. Of
ferings for sale were remarkably light yes
terday, and appeared to be made in doubt
and uncertainty. On Mondays the market
usually runs on Saturday basis, for NO ad
vices from other marts, with which our own
is in full sympathy. are received, as gen.
eral thing, and as operations usually de-
pend upon the color Of such news, or else
upon the conclusions drawn from them. it
is not surprising that the shadows of dull
ness appear to settle around all transactions
on Mondays. The crop question is un-
solved by the late circular. A 'few
parishes" expresses nothing more definite as
to size or number than ''as big as piece Of
chalk" To be generally favorable" may
be distinct enough, but it is not specific. In
these days, when the coming of winds and
the storm-b burst is alike foretold; when tides
are measured, the ocean gauged, and the
earth itself weighed as in scales, it looks
odd that all the information that can be
gathered about the cotton crop is Of .
general character; that the estimates them
selves are drawn only from current opinions,
and not from mfacts-indisputable cold, hard
facts. The cotton opinion is that the crop
is short. but this is known only by sort Of
intuiiion-not by calculation, nor by strict
Considering how much the clouds
have cleared away within the last month,
it wor'd not be surprising if the short crop
shor'd be completely routeu
from everv position it has taken, and the
number OF bales come rolling in, to the dis
Of the cotton sages.