New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-04-20

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money market With mo- variation in street
rates from those mentioned in our last re-
port. We quote S0l0 per cent per annum
for short and l00ll for long Al notes with
and without collaterals, and Q0l5 for
good and second grade do. Mortgage pa
per rules ct 90l0 per cent per annum for
Al, and IL 0l2 for second grade.
The gold market again showed consider
able irregularity, though the fuctnations
were not a. great as yesterday. Az me
opening there were operations here a. III ~: q
patch from New York, quoting lll1s, it ad-
vanced to lllA 0llll4, but subsequently
gave way and finally closed at Ills 9l!IS
iapainst lIl3hl, The sales included $1,000
ma 5000 at i'll; $1,000, $500, $1,000, $1,000
and $1,000 at lllh; 900 at llA q Ills;
$4,000 at Ills, and $2OOO, $4,000. $4,000 and
$1,000 at lllls.
changed hands at l07, $1,000 at 1917 and
5000 at 1O8.. We quote these at 1O7 q los,
and Mexican dollars at 21a as y cent pre-
mium in gold, an advance. Some ~ 900 of
specie has obeen received from B.azOs
Santiago within the past three or four days,
large part (if not ally of which consisted
Of Mexican dollars. A portion Of these re-
ceipts was offered to-day, but we did not
learn of any sales.
Foreign exchange was again quite active,
and under the advance in gold, the closing
rates showed net improvement of On
y cent. The sales Of sterling embraced
1919 0l2las; G560Q bill of lading and 10000
clear ct l2lA; 4S060 bill oflading at l2lA q
1915; f3OOO, f30OO AL clear and f5OOO
(eaual to Al clear) at 121 u; fl0.OOO Al bill
of lading and clear at 1919 q l22h; f20OO
Al bill If lading, and f2300 and $4,000 Al
clear at l22; ELS, 700 first class at l22 q l22A;
El00e private bankers and E5OOO AL clear
at f22is; $4,000 first class at l22A;' El60O
American ships bill and fl500 private
bankers at 1928; $4,000 bill of lading at
l091s gold, and $4,000 bank at ITO.
There were sales of $1,000 and $4,000 AL
commercial francs on France at 4.76A.
Sterling may now be quoted at 1912
122 for good to AL bill of lading and clear,
and OPP for bank.
Domestic exchange was hardly 60 strong,
though rates suffered no quOtable variation.
The banks drew on New York for remit
lance at 3 per cent premium, and the
transactions included $4,000, $4,000,
$4,000 and $4,000 commercial sight on
New York at Y per cent premium, and
$4,000, $4,000, $4,000 and 100000 pri-
V0tO UnAAVAC ~ V'AVt 0uA VOvtVVV OOAA ~
the same. Some of the banks drew gold
checks on New Bork at Y y cent premium.
The stock market was again very QUIET.
Notwithstanding the ease in money, there
seems to be NO disposition to speculate.
Operators appear to feel little confidence in
the market, and the few transactions made
are suppressed. Ten shares Factors and
Traders Insurance Company were reported
at =; Is do at $93 40 State. National Bank
at $l02 50; Mississippi and Mexican Gulf
Ship Canal at $40, and % do at $3.50. We
heard also of 100 Louisiana Levee Company
at So, $l2 SO, and $l3 was subsequently
bid.
In bonds $1,000 old city seven per cents
sold at 7Ol4, and $1,000 jackson Railroad
first mortgage at 80.
Five hundred and two thousand dollars
large new State warrants were reported at
81. Dealers reported buying for these at
81 053, and for new Metropolitan Police at
96h O., and selling at -06 for the
former, and 97ls for the latter. Small
State command IL q Is per cent higher than
the above figures.
City treasury notes continue nominal.