New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-02-05
Monetary and Commercial.
MONETARY.


xEw ORLEANS REPUBLICAN OFFICE
80 T uFsDAx EyEHrNG. February :, 100.
mo money market gives indications OF
~ case. which may be ascribed partly
tbe cation movement and partly TO the
t,usctious from country merchants VINO
y now having in their spring supplies
sssre has been o further increase III the
'.nosit lines of the banks, the payments at
inae counters are becoming quite satisfac-
I'M and at the same time there IS only
llaasrate demand for discounts, hardly
MI 10 their available means. Under these
Z lr srs they are free lenders on I'M
isentionablo paper, but, as a general
M thev require not only good names,
h s6e additional security OF solid collater-
4 On the street similar paper is oc-
Issionallv negotiated at I014 SP cent %
onth and second class at u, but there is
IN less demand for such accommoda-
ons than prevailed a few weeks since.
o-tgape paper is quoted at l2@l5 f3 cent
aSnIm, but exceptional transactions
cur az 10.
Hzens, bank yesterday the board declared
Siyidend of S % cent FROM the earnings of
mast six months, payable TO stock
bIaers on next Monday.
GoId opened at l39i@l40, against the
me figures last evening, and after selling
tn Il0l. eased down toward the close in
.sseouence Of the falling off ut New York,
VI closed at l392@l395. The sales ia.
{asea $3.50, $500, and $4,000 at 1893; $1,000
n 5000 at 1897; $1,000, $4,000, 0,OC0, and
\ 900 at $40; $500 at l40l, and $1,000 at
Also, deliverable on Saturday, $4,000
lilo In silver we noticed sales OF 1000
byiean dollars ut 143A, ana $1,000 in Aneri-
halfdollars at 1888; also about 5000 at
4 board last evening Mt the same, At the
,.p American halfdollars were quoted at
bla1g3 and Mexican dollars at l439l431.
FnTeign exchange was held higher, and
nmanded advanced rates until toward
close, when it was unfaYorably affected
the reaction in the New York gold mar.
The sales OF sterling included $4,000
bill Of lading, at the close, at 1929; a
derate amount at 1923; $4,000 at 1854;
5000 i'll various sumss az l5S4@l6S3; and
Boa trst-class at 1885. $500, not generally
.oWn. was passed at l52. In francs we
ticed sales of a moderate amount Of Al
mmercial at 3.7ll; $4,000 at S6sl; and
e0O frstclass at 3.671 At the close
Fling was quoted at l5230l53 for AL bill
lsding and clear; l53l@I6s4 for first
Ia: and l533@l6sa for bank; and francs
3fllG3. 20 for Al commercial; and 3.G74
les for private bankers and bank.
Domestic exchange was quiet but firm,
N rather an upward tendency. One of
banks raised its rate for checks on New
III to discount, but the others continued
supply their customers at !. There was
Ia o large remittance demand at some
knters, but only moderate one at others.
e,ales of commercial included $4,000,
O0O, $40, 600, $40, $50, $780, 600, and $50, 600
York sight at discount; $4,000,
300, and $50 COO at lille, and $4,000 at
Also some telegraphic checks ut /.
he sales Of stocks included $50 shares
Ason railroad at $437 so; $50 do. at
I 150, and ITO Bank of New Orleans at
showing further advance in both.
he small city treasury notes continued
. arm, and the movement in them was
! fair extent. $1,000 and $4,000 sold at 4
Iount, aud $4,000 $4,000 and $58O0l in
j gfal lots to dealers at A; $1,000 large sold
: $1,000 in three lots at 141, and Sic, 900
I ID 1000, and sO00,) at l4{. Dealers
Nit the small notes at A, aud sold at
State notes were lower, ruling at
s2 discount. About $1,000 changed
ds At the board last evening at 5l2, 81,
= sgl.