New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-04-16
monetary--Commercial.
MONETARY.
OFFICE OF THR DAILY REPUBLICAN,,
MONDAY BvENIN0, April Is. 1879.

OFFICE OF THB DAILY REPUBLICAN,
MONDAY BvBNINs. April Is. 1917.
We have no material change to report in
the money market. On the street, Al notes
secured BY unquestionable cOllaterals are
quoted at 90l0 " cent W annum and
second grade at IL q IL; Al business paper
without collaterals l00-and second grade
120-. The rnling "a ties for mortgage
paper are 9d10 Y cent y annum for AL,
and -0l2 for second class.
The election for directors of the New Or
leans, jackson and Great Northern railroad
to-day resulted as follows: H. S. McCOmb,
Thomas A. Scott, William Thaw. J. N. Nc
Cullough. j. b. Alexander, c. H. McCOr-
mick, T. j. Forstall, A. Schneider, w. Alex
ander Gordon, E. H. Summers Richard
Pritcharl, c. H. SlOcomb, Lewis Alcus, +.
j. Pratt, A. N. West, John G. Lucas, L. E.
Houston and E. II. Saunders. Messrs. Scott,
Thaw and Mccormick are the only new
members.
Gold opened at llOss 01lOzs against
llOss at New York;, and closed
after good business at HOS Oil -
against liO*). The transactions included
$500 at 1l0ss, $4,000 and SIG, 900 at ITO ll-l6,
$4,000 and $4,000 at l1Oaa. $4,000 and $1,000
at ITO 1916, $1,000, $3.50, $500, $4,000 and
$500 at 1905, 5000 and $4,000 at llOAs a
i'll, $1,000. $500 and $4,000 at Ill, and $1,000
and %OUUU at III g.
No round sales of silver came within our
notice. We quote: lO71a lOsls for Ameri-
can half dollars, and Az as v cent premi-
um in gold for Mexican dollars.
Foreign exchange varied in agreement
with the course OF gold and bills at New
York the market closing at net advance
of is GA y cent. The reported sales OF
sterling barely reached 'f45, 900, Of, which
$4,000 bill of lading at 100. f25oC clear at
1908, 10000 at 100 q 12OA;, tlSOO Amerl-
can ships bill, and $4,000 and $4,000 clear at
1904. f3cOO clear and $500 bill of lading
and clear at 1908, t5O0O bank at l2U12, anu
$1,000 and El50O at l2l.
In francs there were sales of ,OO0,O0O
commercial, of which 100, 900 and COG, 600 at
47334, and 400, 900 at i.721a. We now quote
sterling at 100 a 1905 for good to Al bill OF
lading and clear. and 1904 a III for bank.
Domestic exchange was hardly so firm,
but rates were without any quOtable varla-
ton. The banks supplied'the remittance
demand for New York sight at g cent
premium, and the sales included $2O,OOO
commercial New York sight at Is premium;
$4,000 and 81, 900 commercial, $4,000 pri-
vate bankers and $40, 600 bank and private
bankers at 3-l6, and $4,000 and $4,000
commercial at lac.
The stock market was quiet with only a
moderate business doing. The reported
sales were 200 shares Louisiana Levee - 81
paid) at 81 IS; 500 do at 81 81 y; 100 do at
s.; 100 do ($3 50 paidl at 50 1212; 100 do
at So 25: so do at 80 37la; ls Ammonia
Prcpelling Company at $l9; "a New Orleans
Gaslight Company at Sl5l; and % Union
National Bank at 500 IS.
In accordance with the advertisement of
the Administrator of Finance the sealed
proposals for the sale of wharf improve
ment bonds to the city were opened at III A.
NJ. to-day. The bids were as follows: K.
H. BARLEY, bonds, 77asc; Peter Marley.
do, 77asc; Sam, Smith g. Co., s do, IS sc;
Eager Clements & Co.. 8 do, SOl4c: c. w.
Cammack do, Sic. The bid of Sam Smith
s. Co. was accepted.
Nothing reported in warrants.