New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-08
MARKETS..
Domestic Markets.

NEW YORK, February Bank statement-Loani
mere ased S7S1 200; specie decreased 1928 600 "a
tenders increas, d sl25oco deposits increased
Evening.-Cotton closed frn; uplands ice; OrIean.
Nae; net receipts 1920 bales gross 1886: sales 1870
Futures closed weak; sales 500 bales, as fol
Dws: For February Is Ice; March l5As ais 2l32c
1i7sc ~
Flour quiet; prices generally without decided
change; low grades are plenty; s6 aGGI go fol
TO choice do Wheat fairly active but without de
sided change. closing Il thade timer for good
grades Corn quiet, closing rather more stea1y
ig483c for interior 10 prime Western mixed. "a d
86c for old and new Western mixed and 8Jc for
wte & p"Fs nvry aaIS
and low er; cotton to Liverpool by steam 05-l6d.
Csfee scarcely so firm Sugar finn Moiasses and
rice quiet. Naval stores steady. spirits turren-
Money easy at 405 y cent. The representatives
Of several prominent savings banks we're in Wall
street to-day tryng to buy governments, in order
to employ their surplus funds the trustees having
given up all hopes of ltndirg their money on cali,
owing to the limited demand and low rates of in
terest. The banks and insnI ar c. companies' rep
resentatives were also in the market for the same
purpose, and this rivalry for bonds caus' a sharp
advance in prices 10 day. Individual investors
continued their purchasessof dividend ying rail-
way shares, the effect OF which was seen In the
further rIse prices in the stock Exchange. The
fact is money has become perfect drug on the
market, and he financial sitsai ion is likely to
continue easy Tor n long time to
Exchange closed duh and heavy at 81 6ik. Gold
hrmer at lllsa 0lll1. Southern bonds quiet and
I0miRal.
Il,. market for cotton on the spot has bean very
quiet throughout the whole week, and values have
remained more or ], 81 nCmnsl, as buyers and sell
ers were apart in their views Receipts being less
than those Of the previous week give holders
more conhdt nee; but the extreme prices were TOO
high, and a. a result the market has been very
duh. As noted last week, manv Of the orders from
the ether side hav, been wi hdraW n entirely, and
those that were to be filed were AT reduced rates.
Shippers bids were about A0hc below eur ent
prices.
Exchange was slightly improved on Friday and
the dea iDgs were Incicas'd as the sellers gave
way and met the views of The buyers more liber-
ally. Purchases, howe yer; were needed to com
plete freight ngagemei.ts Choice grades OF New
orleans aud Texas cotton are lot plentiful, but of
upaBds there is an abundance of all grades Tho
dealings IN contracts have been comparatively
light. The ten' ency IN prices has he, n downward.
I he total sales OF the week weI- l23 l82 Of which
Il7,450 were contract and ssI2 fer immediate de-
livery.
Spirits of turpentne and rosin have materially
advanced, and considerable business has been
mated.
The Posts financial article says: IAN safes of
geld have been at lllaGllla. On gold ios Ms tie
rates have been I to . tor carr, ing. Fo,egn tx-
change is rs quiet as usual on saturdays, with
busine IS at al out 50 81 aud 81 61h respectively
tur prime. Mon.y is very easy AT 4d5 for call
loans 6d7 for FIRST class mercantile paper. Gov
eminent bonds are strong at an advance OF %QA
h inducing lure basers TO employ Idle balances. '
The stock ma ket has been strong for invest
nent shares and only steady. as rule, for specu-
tivty, the quot atoms hav ng been follows Lake
Shore 50 i dD82 L: Northwest 85hQ854; the pre-
ferred III which there ia saia to be corner, grow
Ag out OF the opera ions by the foreign bankers
between here amt The German markets, 14a ais y;
Rock Island 10, = QlOs; T graph 6s atl, Pacific
Mall. winch has been exc, plI"nnlly weak. 4A 10
~ y; New York Central le4Ol04A y; st. Paul Az q |
-.
Gold closed lllS. |
The sub treasurer paid ont $50 600 for interest
and S69 OJ0 OH called honda
Shipment OF specie for the week, $si1 SIG prin- |
odpally in silver bars.
Imports for the week-Dry goods $2485 1856: |
II rcband.e, SIS 048 AL.
Shes o. 1881, li9A; nva-twentles Of 1862, l6N; |
Of st4, llS1 OF 1862 ll8A; ll7A: of 1867 ll9A;
81 ,soo. liSr' new hves il2A; ten torties ll4A
CINCINNATI, February 7.-Cuttun- De mand fair
and market hrmi middliug 5Ac. Flour quiet and
unchanged. Wheat eau; 81 SOL 50 Corn quiet;
inal. Lard quiet ste4 med &c k,tt,,d sSd9hc
Bulk meats dur; should, RS 5Sl6c clear nb |
~ a. &c, cls ar S38So Bacon q iei; shoulders |
1c, clear rib Bac, clear 90. Whisky GOOD den and
nj Soc.
ST. LOWS, February s-Cotton ard nour ouiet
and unchanged. Wheat dull, No. 2 ping Chicago |
a. "a Com lower, No 2 Ia x.d sic on .ast ,rark |
md in elevators, toe bid III close. Osts dull No
&c 48c: closing at INSIDE ieuls whisky firm SIC |
lots sold. Country should, 5%c; ell al sides IL
X; latter delivered. Bacon quiet Lard quiet SSc |
foreign iNa. Acts.
LONDON Februar, 7, Evening" Turpentine open.d
L Cos I'd anu clos nj s. D36s I'd.
LIVERPOOL Februsr, 8, Esenlng -CottcD-Sa'cs
4 uplands, on good ordinary basis. shipped Janu
Dw miodling basis, shipped JANUARY and Febru