New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-01-10
ry--CommerciaI.
MONETARY.
OPFiCR OF THB DAILY REPUBLICAN.
MONDAY EvRNIsG. January 9. tSil. }

OPFiCE OF TIKI DAILY REPUBLICAN,
MONDAY EvRNIsg. January g. tSu.
The money market continues to work
about the same as during the past week or
ten days No difficulty is experienced IN
placing good paper at the rates quoted, anu;
in fact the tendency is rather more toward
inside figures. Most of the banks are
amply supplied with funds available for the
wants Of their customers, very few II any OF
whom find If necessary to offer their paper
outside The street rates may stln pc
quoted at lOQl2 " cent " annum Tor Al
notes. accompanied by uHquestionable coz
laterals, and ld1A for AL business paper
without collaterals. Mortgage notes rule
at 10Qil y cent y annum tor Al, ana
l2d IA for second grade
We rive the following results OF the BANK
elections for directors, held to-day
Teutonia National Bank-Rudolph Sieg.
Charles Bendix, Charles Potthof, Meyer
Stern, H. f. G. Portmann. Herman Pohl-
man, H. Oertling, Forcheimer 5. Hern,
sheim, Alfred Shaw, G. II. Zimmerman ana
AID. KOeniG.
Bank Of New Orleans-ChaTies Cayaa-
roc, +. f. Motion, Antoine Lanata, L. N.
Avendano, S. Cambon, l.. Basset' =. re "
Ruyter. p s. Wilt, U. Marinoni, +; Il
Bernard, f. B. +. Citas and e. IA Con
verse.
Merchants Bank-E. H. Keynes, John
Williams, Charles +. Slayback' George u
Garner. simon Hermann, Samuel IL. Boyd
Samuel WOLF. Samuel Jamison' Thomas
Markev and William II. Matthews;
nv this it will be seen that the old boards
of tbe Teutonia National Bank and the
Bank of New Orleans were reelected. The
only new name i'll the direction of the hler-
chants Bank is that of Thomas Marley.
Cold Opencd at HOES a HOS against 1914
at New York; and closed at ll0lb llO4
against 1881 The sales included $5OOO,
5000 and $1,000 at ll01s, and $4,000, $1,000
$4,000. $1,000 and $4,000 at HOES. In silver
we note a sale of twenty thousand Mexican
dollars at Ia per cent premium in gold.
Foreign exchange was active, and with
the improvenent in gold rates ruled sitter,
and closed at s per cent advance: Inc
sales of sterling embraced fll0,OO0, including
$4,000 and 10000 bill of lading at ll9; t35OO
clear ut 1875: ELS, 001 bill of lading and clear
at Il9a 1874; GI2,000 bill of lading at
ll9l4 a 1888; $4,000 and f22, 900 clear at
1874; El0OO ships bill at the same; E5OO9
Al clear at 1898; Gl8,000 bill Of lading and
clear at ll9Is a 11919 $4,000 first class at
1l91s; $4,000 three days sight at l2OH ;
$1,000 bank at ID4 Ell0O bank sight at
1908; and 10000 bill of lading and clear at
1874. Three hundred thousand Al COM
mercial francs sold at =. Sterling may now
be quoted at ll94 a lls5R Ior E0 SSl 20 e. "a Dt
of 1ading and clear, and % 2OA for bank
Domestic exchange was steady and firm.
The banks supplied the remittance demand
for sight d. fits on New York at . cent
discount, and the sales included $4,000
private bankers sight on New York, and
$4,000 bank at 1882 discount; $4,000,
$4,000 and 900 bank at ZIG; $4,000,
$4,000 and $50, 900 commercial, and 5000,
$4,000 $4,000, $4,000, $4,000, So, 900,
$50. $50, 900 and $50, 900 private bankers
nj y: $50, 600 and $4,000 commercial at
GIG. and $4,000 sight on Providence at GIG;
$4,000 bank gold checks on New York sold
at IA T. cent discount.
In stocks, 100 shares Slaughterhouse were
reported at $2l, 300 Mississippi Valley
I,evee at 81 IS, 80 do at 81 8k4, IS and $50
do at 50. and rs do at 81 50. $2l g was of
fered for slaughtorhouse toward the close
Dealers bought State warrants, new, at
6997oc, and new METROPOLITAN Police at
90 an, and asked for the former 709 tic,
and for the latter 81 Isc a..
Dealers rates for city treasury notes were
25 = cent discount buying and "a selling.