New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-05-19
NIARKETS.
DOmeRtic Markets..

| NEW YoRE MAY Is The Posts financial article
| says The stock exchange markets are less active
| and irregular. The gold market continues dun
and very steady all the sales having been at 1850
!ior. Inc cIGue nave as yet made no dem on stra-
| ton against the borrowers OF gold, but have
everything in readiness TO spring the trap at any
| moment The belief that it is not their IN tention
to begin operations this week has impaired rather
more hrmness TO the foreign exchange market and
bills which could tbe bought yesterday at 81 s70
| 81 !. and 81 SO and 81 39a, now So 86a6
| 86l3 and s., 89l al 89h, the nominal rates for
prime ban kers sterling continuing - 81 and - 80
Gold loans for the day have been n at and y
cent for carrying and T. cent and 81 " day for
| use. Gold can be borrowed for thirty to sixty
months at al 4 y cent and for the rem al der O,
the year at Il. ak y cent. The money market
shows no change it being difficult to fully employ
balaL cos except at nominal rates on ca l. 1he
Stock Exc haDge rate is 203 " cent, and very
choice mercantile paper is so scarce and in auch
demand, that it sells even below 4 y cent The
quotation for first class paper still however AZ
) u cent. Governmet bonds are steady.
10 STATE nus ennessse sixes new series. sold
1925: District OF Columbia 363s sold 745a n751
The stock market at the opening ge nerally
did not open low in London as it Shout d have
to CO ctrrespond with the closing pric here yester
Day, ana Atiantlc and Pacific Telegraph. W hich il
strong, on London advice in regard to the Far
Iady and the recent arrangement with the Penn
s,lvania railroad. During the first hour the gen
eral market declined to L T. cent, the latte in
Pacific and Erie; Lake Shore tell h selling at 90 s.
Since eleven O'Clock the market has i'm pro we'd u
action, and is steady as we write.
Sixes Of 1881 coupon, ia; fve-twenties OF 1876 2
coupon. llta 1864 coupon. ll73s; 1865. 12ot; Lew
~; 1867 l23as; 1863. ll37; new hves ll6's ten
States bonds dull and steady. Tennessee sixes
50, new 80; Virginia SKIES "a, new 81, eonsoli-
dated ol. deferred s. Louisiana sixes 35, n ;
levee SKIES 81, leve+ eights 25; Alabama eghts ~
fyes 3o South Carolinas 50. new 81, Apni ana 90.
tober 3l3z
stocks closed active and feverisb. Central lG4z
Erie 25's; Lake Shore 6s7s; Illinois Central iOs
Pittsbuig 81: Northwestern 80; do preferred 53sS;
Rock Isl and l03a4.
Cotton closed quiet mddling up'ands l6Sc, Or.
leans i64c; sales to-day 1919 bales, net receipts
z67 gross 361.
Futures closed steady; sales 20 300 bales AZ fol
lows: May 10 s32c; June is 332c; July Is : go
IS 4 c; August l6ss u Is lJ-j2c; September Is iSE
10 7-3lc; october 1874 q Is 2532c November Is 9-Ss
IS - l6c; February IS 23-3z0ec MAJ ch Is 7-320ls
932c; April 10 f-lG1l61sc.
fiouf dun; prices still in buyers favor; surAy-
fine Western aud State 81 85D5 20; com mon to
good extra Western and State IS l5d5 55; GOOD To
choice do IS sod5 50; common to choice white
wheat Western extra S. 9o06 85 common TO pood
extra Ohio 50 O05 IS; Common 70 choice extra st
Louis IS 60US 50. SOutherB flour Quiet and h.avv
common TO far extra 85 25d6 ~: good to G. hoi ~
DO So q az 80 Wheat shade trmer. winter red
Western s 36c. Corn q shade lower:m derata de-
nlaho; o1Go. &C 1or Western mixed; 6, y 43sc for
yellow western; SSd4 for old Western mi xed in
store; sO09lc for do afioat: a5c for soft new
Western mixed af0at; 76Af 078Isc for mi xed West
ern; 70 0a1c for white do Coffee steady; 15 0I8hc
gold for Rio by cargoes
Sugar quiet about steady 1t sl.ls0s5 I6c for fair
70 good refining; skc for prime 8ss 0S3 &C for good
TO iair TO prime muscovad0; refined dull; I0k loas
snd iosc 10Y grahulstsd Mslssses firm; tair de-
petroleum quiet and firm; crude 81 re tined l2kS1
lZAc TAllOw firm 1t SC. ROsin st. aiy 1T a
for strained TnrD<ntine firm At 34,Sc fer spir,ts.
ooNTMuED ON SoURrH PAoDj