New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-09-29
ON CARONDELET STREET.

me STOCK market mas no buOyancy, and
the demands are intermittent. To lead of
with Levee, the principal medium OF
speculation, hopes are freely entertained
of subsequent rise in the stock, which is
firm at Sc IS. Indeed no stock is to be
had at this price, 81 having been obtained
for two hundred shares. The stock has
stitfened during the past ten days, and
the t1uct have been small. It really
begins to look as if the company would
soon go to work in dead earnest, provid-
ing the engineer matter could be settled
That the paper is going up appears to be
the general conviction. Why the organ
izers of so grand scheme should not
give it play, is rather mysterious, when
We are assured that if the gentlemen who
have "bought in desire to vacate, three
men could easily be found here who wi
at once put up million to help t.
work along. In this condition of s.g,'t
expectations it is not surprising thatAw
sales Of Levee were made on eitheslde
of the fence.
Pneumatic is again out of wiz and
subsidies easily at 50 50. No sa% to re-
port.
A few shares of Waterworks ere sold
as follows: 1000 and 1000 shes at .
cents; 200 at 80 cents, andOO at 20
cents.
The Ammonia Propellin' Company
had shares on the market 100 and so
shares of which sold ''at pate terms.
The quarantine at Texas IS struck the
gold and silver business 18th an acute
form of paralysis. From exas great
portion Of hard moneys derived for
operations. and the cunt sets back
again, the under swallcng the upper
stream when it is timto buy cotton.
Just now there is dea lock to specie
movements, and the eiemic for stop
ping railroad trains a rousting about
steamship passengers by far more dam
aging than the fever elf, which is the
great bugbear of theour. Dizziness sits
upon the vitals of1r money transac-
tons like nighttime. Gold stood still at
11ll against 114a ii Few York. We quote
the highest figure, any sales being made {
under the rate, consriring to show
nothing but an ;ctivity empty of re-
suits. The usuaemands for gold were i
easily filed. Be- sterling is firm, but I
we have no tran'tions to report. There
has been decr Of premium for *
change on Nevork.
No sales wereard of in State warrants,
which are q,ed from 50@53c. City
appropriatimertificates are worth from
7sMS1c, aney another authority from
s1M S3c on e dollar, and there is no
hope of a tYty demand for them unless \
the stream N dries
There is thing so monotonous as to l.
follow thelovements Of cotton, where. d
as of lathe changes in price are So ,
small as be scarcely appreciable. He h
would sti on the sea shore and look out '
upon th'aters in state of sleepy calm,
or who ould ''shut his eye on tele- +
scopic 'rrel and look steadily at d
planet disc, can appreciate the feel p
inss, badly, of one whose business is q 9 .
chro,e OF changes when there is no 81
chan or record Of variations when t.
Their no variance, and where the day to 81 y
dayend Is but one long and lasting IL
re,ltion and revolution of the same p
faras andthe identical hopes. Inquiries .,
arAoderte; SO are sales and receipts M
a,expors and reports everything ex- Is
& fame. which is most immoderate "
4 rapacous, and indeed is about the r.
ly spirit stirring in the street. We in
e almst afraid to state that az az
e marht is steady, lest one OF P,
ose cynical cotton jobbers with an We
e to buiness might sheer, that he saw "a
at in he paper yesterday" The real !,
ate OF ne street is that every one is in tn
for some basis on which IN.
foun' an opinion, conclusion or
'pe 70, the future waiting, in patience
r the top to pronounce itself and spell :