New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-12-03
on CARONDELET STREET.

The cotton market is again doubtful
On the one hand buyers assert the sales art
easier, while on the other hand buyers ar,
equally ready to assert the demand al
stiffening. 1t is believed by some traders
that this unsettled state are the Fremont
| lions of further advance on Monday; bu,
this idea is pooh-poohed as the offspring o.
a disordered fancy. The sales are, how
ever, sloping down. Silence is the charac
teristic of Liverpool, whose dispatches
mean nothing.
! Money was close listed yesterday, yield
| ing up its stores only on the showing of a
| good inducement, and even then asking for
more. Needed for the payment of wages,
it was borrowed eagerly. to be settled
with difficulty. There was no special
movement, except what must occur when
ever money is needed, where cash goes to
the best borrower. 1t appears as if the
stock market never had so dull day.
The brokers dawdled around the corners
and stood in out of the rain, with a wish to
do business, but without any opportunity.
Wherever shares of stock were offered for
sale, the price bid was, under the circum
stances, by. no means tempting, while hun
dreds of shares were retired until Monday
for no other reason than the surfeit of the
market on so small capital. 1t was day
in which one was apt to remember the past
and its host Of entombed shares, buried
without SO much as headstose to mark
their remains.
notwithstanding, the sales made at auc-
ton by G. Spear appear TO have brought
good prices, SlaugbterhoUse stock, which
having realized SlS a share, large number
(472) having been sold at $l7 50.
A few spasmodic bids were made for Levee,
but no one seemed inclined TO purchase at q
greater rate than s. -, though 100 shares
sold for 50 in the morning hours. Positively
nothing is he ard of the coming deeds Of the
company, nor of the circumstances, beyond
the one repetition which is now stale, that
it is intended to reduce the stock so that it
will reach two million dollars, or twenty
THOUSAND shares, and then, call upon the
twenty thousand for deposit of 100000
with which to successfully operate in Mis-
sissippi mud.
The friends of Ammonia stock begin to be
anxiously concerned about its condition
and are calling upon the stockholders for
diagnosis in great anxiety. A sale of 50
shares at $l9 so was made with great ease
to a broker, who offered to sell at the same
price, but no one wanted it on those terms.
The truth is no one seems to know or he
whose Infringement, when first reported,
sent down the stock from $45 to $40 in
day. 1t has rallied since and has held its
own since the noted improvement on Mon
reason, probably on account of the inactivity
of the company, who are either not ready or
not willing to go to work. The germ of
value in this stock is the practical use to
which Ammonia propelling inven ton may
be put, and as the hopes OF making such a
use of it grow dim, the value OF the stock
grows slim. Pneumatic stock is now and |
hen quoted, but breathes heavily and with |
great oppression. A dollar share is the |
atest bid offered. Over 100 shares of |
Crescent City Waterworks sold yesterday
It she.
The sales at the board of brokers last eve
ling consisted at 40 shares of Levee at
2 6215; 10 shares New Orleans National
Bank at s97 and $4,000 gold at llOA.
The following offers and bids were made
|