New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-06-02
MARKETS.
Domestic Markets,

new YORK, June 1.-The Posts firancial
article says: The week opens in Wall
street with a decided change in the temper
of speculation at the Stock Exchange, and
where last week was depression, to- day all
is buoyancy. The pretext for this sudden
tone is the Court of Claims decision in
favor of the Union Pacific railroad. Gold
opened at ll6A, and has since sold at
ll6A, ll63s q ll619. On gold loans the rates
have been 2, 3 and y cent per annum tor
use. l-G40 32 per day for use, and fiat.
Foreign exchange is firm, with nomina,
rate, 81 Sla and 9O1a for prime bankers
sterling. The business is at 81 S69, u487
and ~ s9tl "a 80. Bankers report com
mercial bills as very scarce. In the money
market call loans to-day were at ga a. "
cent. Prime mercantile is quoted at 405
y cent, with sales of choice as low as -,
y cent. Government bonds are strong and
higher. The registered bonds are quoted
ex interest where the same are due july |.
There were no sales of State bonds at the
board. The stock market, at the opening.
was "A = lower, except for Union Pacific.
which was q higher The market imme.
diately became strong, and during the first
two hours there was an advance of n to 4
3, cent, led by Union Pacific, which sold at
70. In the next half hour there was q de :
cline OF "a to Ia, the latter in Union Pacific.
Since then the market has been strong. and
the highest prices of the day are making.
except for Union Pacific, which has re-
covered p, and Erie, which has recovered "a.
Stocks closed active and strong Central
lo2ls; Erie 1875; Lake Shore 6ia. Illinois
Central 100; Pittsburg 1884,; Northwestern
4Ols, do preferred, 54; Rock Island IO3.
Skies of 1881, coupons, l24a4: i've TWEEN
ties OF 1867. coupons, 1l7A: Of 1864. coupons,
lisa: of 1865, 12O, new 1913; of 1867, j24as
OF 1863. 124; new fives III ls; ten-forties.
coupon, llSAs.
State bonds'quiet and nominal Tennessee
skies, 81 Is, new Sis; Virginia SKIES, 81.
new 49, conso. 623s a 6,, deferred Sla; Lon
isiana sizes, -, new 81; levee skies, 81, do
eights, %; Alabama eights, AZ, fves 30;
Georgia sixes, 88, sevens, %; North Caro-
linas 90, new llh, special tax 4: South
Carolinas 30, new 32la, April and October
3d.
Cotton closed steady; middling upIands
l6lsc; Orleans l6l2c. Sales to day q 81 bales:
net receipts SOP: gross 1868
Futures closed steady; sales 1900 bales.
as follows: June Is l-32c; July I6 5-320
10 3l6c; August 10 ll-32a l63sc September
1913 a 10 5-32c; October l55s a l5 q .3lc: No
vember l5&s a Is 7-l6c; December Is I3-32lp
ID '-l6c; January Is 9-l60I5 1890: Febru
ary - % 32 a Is l316c; March is lI6c
April l6ls l6Ac; May 1874 a l65.c.
Flour heavy; still strongly in buyers ia
vor; Southern dull and declining: Common
to tair extra S505 90; good to choice do
So 95 a %. Wheat a 20 lower: closed at
81 Y a % for winter. Corn dull; slightly
in buyers favor; 73a Sic for soft Western
mixed; - Sic for good to strictly choics
DO; 80 a Sic for prime yellow Western. COT.
tee unchanged. Sugar steady; fair demand
at 8a Sac tor fair to good refining; 8isc for
prime; 818ssc for muecovadO; refined
steady at 97s a 10 and l0as OIL lao for hard
IoONrNuED ON FOURTH PAoa.I