New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-06-30

/ expected, as a matter of course, but the
| question with regard to the result in the
court of last resort is regarded by inter
ested parties as very grave. The popular
sentiment appears to be opposed to all
monopolies, and in favor of free and fair
competition among gasmakers, which is pre-
vented by the laws in force.
NEW ORLEANS CLEARING HOUSE.
June SssFssf 10 s Rsla als 8
Same day last week.. s92 56l s. 1870 g
Total last 53s al e g9s SO SO e
The market continues dull, but the offer
ings at the banks have been rather more
copious. and long paper is more difficult to
place, even at quoted rates, say-0 10 p cent
y annum for first class signatures or unex-
ceptionable collaterals; IL a III for less desira-
BILE names which can hardly to be classed
as second grade; l30l5 for second grade;
--0l0 for first class mortgages, and II Is
for second grade. The negotiations to-day
included $4,000 commercial, with eOllater-
also at 10 p cent v annum.
Gold opened at lt2% Glib, against
113IR at New York, and, after moderate
business, closed at ll2zs q 1875, against
1879 at New York, where it was quoted at
eleven o'clock at 1885; at IL M. at 1874; at
1910 at 1885, and at lis P. NJ. at 1l37s
The sales covered ISL 900, embracing ST.
600 $4,000 and $l0,000) at ll224; $4,000 at
1929; $1,000 at ll3, and $4,000 at ll38
1873, The market was inanimate, and re-
sponded slowly to the upward movement at
New York.
In silver we mott a sale of $1,000 in
American half dollars at l08l9. The market
is still quoted at 1891 08lR and l09 for
American half-dOllars, and 3l5 05l2 4e cent
premium. gold, for Mexican dollars.
The offerings Of sterling were extremely
light, and rates advanced B0A Y cent.
The sales included $500 (E4000 bill Of
lading and El500 AL clearl at 1921; $4,000
AL clear at 1914 and ESQ bank at 1875.
We hear of a small amount of francs, the
particulars of which did not transpire.
At the close sterling was quoted at I240
l24A for bill of lading and Al clear, and
I25 a. for bank; and francs nominal at
4.63a4 a. for private and -04.57A for
bank.
Domestic exchange continues quiet, with
out any quotable change in rates, the banks
continuing to check on New York at 3s "
cent premium, and commercial ruling at
", with some sales at Is. The movement
covered $l89, 500, emracing S27 500 (S7500
and $20.000) commercial sight on New York
at V y cent premium, and $4,000 tS5l00
commercial and bank and $1,000, $4,000,
900 and $4,000 bankl at w. The bank
checks were between banks and bankers.
A gold check on New York for $4,000 was
passed at IS v cent premium, and $1,000
gold coupons at the same.
The sales Of stocks included shares Hi
hernia Bank at $780, 100 Pneumatic Pro-
polling Company at So SO; so European and
American Propelling Company at $4 so:
10 do at S., and 10 do at 81. We hear of q
proposed trial by the company next week.
The only sales of bonds reported are
$4,000 old State sixes free school fund, at
5l1a, and $4,000 old city consolidated skies
at II.
There appeared to be very little move
ment in warrants. The only sales reported
are $500 new State at 5l24, and $ll00 old
at 81.
The sales of city appropriation certificates
reported were confined to $4,000 at $70A;
$500, in retail lots, at II; $4,000 at III, and
$1,000 school eertihcares at 7O9s.