New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-11-21
ON CARONDELET STREET.

Buyers of cotton are becoming shy. Fac
tors gain few converts to their theory that
cotton will be higher. Buyers are satisfied
the staple can be obtained at lower prices,
and hence prefer to wait to fill orders at a
more favorable opportunity. Every change
like this should be noted as pointing out
the future. Before a conviction becomes
| universal it is handed about in different
sections, and the impression is gradually
sinking deeper that the short crop was a
bugbear-price shows it. The number of
bales sold last week amounted in the aggre-
gate to greater number than any six days
in the commercial year. Yesterdays sales
showed the prevalence Of the same inquiry
and similar partialities.
In stocks the week opened with good
inclination, which, however, required ali
ment upon which to employ itself. Lottery
stock had been slightly affected of late,
having been sold as low as $50 share.
Yesterday firm Of bankers surprised the
street by offering $40, but it was not long
before the cause of this became apparent in
the rumored decision Of the Supreme Court
in favor Of the company, which perpetuates
the injunction against the vendors of Hav-
ana lottery and all other tickets. The day
was also frightened in the cheerful i'm
provement in Mexican gulf stock, for which
Sis were bid-an advance over previous
rates. The sales we're not in great num-
bers, and purchases which were made
simply to fill orders, and discretion went
blind. Levee stock appears to like the road
that leads downward better than the up
ward path. 1t has shown no improvement
since Saturday, when it was offered at
g 871a, and could have been had of the
most reticent at So. In the meantime, a
rumOr is gently stirring among the stock
holders, many Of whom put faith in it, that
the questions as to the rights and privileges
Of those who should put up their money in
the new arrangement proposed. and not yet
disposed. are pronounced secure by the
opinion of an attorney, to whom the matter
was submitted. and that the general opinion
was Favorable to the company" There
were not a few who said, in reply to this
statement that it needed no ghost to come
from the grave to tell us that, while others
gave it no place.
We report the following bids. offers ard
sales upon the street:
Crescent City Slaughterhouse Company,
500 shares tbid). ........................$l3 90
City appropriation certificates az
Louisiana LOTTERY. 500, $69 20 90
Metropolitan Warrants. 83a;
Louisiana Levee Company, loo shares (sold) 2 IS
Louisiana Levee Company 200 shares (sold) 81.
(NY4Sa ('fsVHlO Ash
State warrants, 5000 (sod) ............. S.
We append the list of quotations made at
the Board Of Brokers last evening:
New Orleans Gaslight Company - sli. 90
Crescent City Slaughter House
Calcasie, Sulphur and Mining
Company, ordinary. Is 90 10 90
Louisiana Lottery COmpany...... 90 90 81 50
Sugar Shed Company. ........... 29 50 Is 90
Louisiana Levee Conpany....... 2.5 262k
New Orleans City Railroad Com.
Canal a and Claiborne Street Rail Lev ~
road Company. IS co 50 90
Germania National Bank. ........ los 50
New Orleans National Bank. leo 90 IS 60
Union National Bank. ............. 100 90
New Orleans National Banking
Mechanics and Traders Bank So IS IS
Bank of America. - loo 90
Canal Bank. Observation-Disclosures. lbs 90
Lafayette Bank. 1875
Gold. :....: ..:.......:............. Ill l lo1s
American halves lsale Of $500 at
Jackson Railroad first mortgage
coupon bonds. IS
Canal and Claiborne Railroad first
mortgage bonds. .......... 50
Louisiana skies, 1870. 60
Louisiana State warrants SIS s3L
City certificates Of appropriation. as
City consolidated bonds. ......... IN 16h
City five per cent Waterworks
~. bonds. :...;..:.. 534 81
City seven per cent funding
bonds (sale of s62OOO at IS H.. &C 655s
City ten per cent bonds ....... 81
City ten per cent bonds of 1871. 865s So
st. Charles Hotel .............. so
Barbarin Ca. light COmpany.. 1000 -
Pneumatic PrOpelling Company. 1621s 100
Mexican Gulf and Ship Canal Com.
Observation-Disclosures. IFS 90 liz so