New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-03-24
Monetary--ConmerclaI
MONETARY
0friCE OF THE DAILY RtPC BLl'AN,
TrihspaY EVENING, March p. 1911.

TrlhspAY EVENING, March p. ISL
~. NANCY market continues quiet and
Easy. with an abundant supply at capital
available. especially for the negotiation OF
short paper. The amount ot currency lay
;,n Idle in the vaults of som" of our prill-
ci,aal banks is perhaps larger than ut any
time for several years past. On til" street
We, hear OF Il few transactions It quotations,
hut the movement side Is very light.
VI still quote As street rates 81 10 per cent
per annun Tor Al notes secured by
.irst lass collateralS lOa II fer short and
II /! for long Al business paper without
rollsterals. II for good do. 9 :: 10 for Al
mort gage paper. and IL a l2tur second grade.
Gold olencd at ll07a n M. against | IL
at New York;. and closed, after a moderate
business IT III a Ills against llll,l. The
sales included $1,000. Sl0.0nO $1,000 $4,000
ard $40 OOo a II. and 1000 at Is.
Nothing tr;.nSpiled in silver. There was
some inquiry for round amount t>ln.O')
in American half dollars for whish l0Si.
WA. offered bur we did not learn o. It's hav
iug been bought. The supply on sale is
very light. Dealers buy American halves
across their counters at l0I l. and ask lOSll
a l0Sl.. Mexican dollars are quoted at
~ "a T. cent premium in gold.
We noticed more animation IL tU"@ign
exchange. but at figures showing no ma
trlia variation from our closing quotations
OF yesterday. Operations III sterling en-
braced t'no0o. including 5000 bin Of
ladinc at l2oa-: 10000 clear ut POE a III:
---21Oo bill Of lading and tioo" clear "a
l20 ); 10000 Al bill OF ladiug and clear az
TO a I2l $1,000. 5000 and 5000 Al bill
of ladng at l1ll,: ta0Os Al clear. and $1,000
Al bill of lading at l2l: 10000 Al bill Of
lading at III III !: 1900 Al clear and
1000 and tI0.0oo teuual to Al clcar) at
l2li4 5000 Al clear and tloo private
bankers at III 5: tlS,'o Amer an ships
bill at III =: $500 and tl2Oo bank at l22;
$500 bank sight at l!23l and t21oo Al AT
1898 gold. Sterling may be- quoted at
l2o7s a l2l : for good To Al bill Of lading
and clear. and III 3. II! for hank
Domestic exchange was quiet and rates
showed hardly any material Variation. The
banks supplied relnitterS with sight
drafts on New York at par, and the sales
included 5000. $4,000 and $4,000 private
bankers sight on New York at 3-:3'2 t cent
discount: $4,000 and $4,000 bank at the
same. and Sf5. zoe commercial. s1o.H00 com
mercial and private bankers and 5000
private bankers at :; $1,000 and $4,000
private bankers gold checks on New York
brought u t. cent discount. Tier" Is Il
very limited remittance demand. which j.
supplied bv some OF the banks at par.
There was less doing in stocks. hut still
the business WAS of moderately fair extent.
The sales included ) shares Mississippi
and Mexican Gulf Ship Canal at $40. , do
At S3O0, 200 Cresc, NJ City " aterWorhs At
81 -. 100 do ii. 81 30. ll0c do At : SC. s
Sanitary and Fertilizing Company at 81 30.
- do at S23 30 and loo Union National
Banl. at $40. 40 Land Loan and Savings
Association az 81 -. 80 Crescent City
Slaughterhouse Irarly) ut 81. 30 ii" ire
sale ut g. %. 100 do at so -. 100 do AT
$40. 100 do at $40 %. b and 100 do at ; II.