New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-01-03
Monetary--Commercial
MONETARY.
OFFiCE OF THE DAILY REPUBLICAN
No<r.y EyENIv,; January 2 i-l.

The money market proper is without any
material variation. The street rates are
still 10 T. cent v annum to per cent per
month Tor Al notes secured By unquestion-
bic collaterals. and ak for 4; btIs-
ness paner without col]aterals; and lo"l IL
u cent y amman for Al mortgage no"s'
and ~ Ii for second grade.
We give the following results of the cleo
tons for directors held to-day by the several
institutions named: Atlantic Insurance
Company-E Rigney. T. 81. Simmons. T..
PIudhommc. +. Newman. George " Man
son. Il. J. West, r. l.. Mann, a. \. Craig:
vice A. ID. Grief. John Patton. II. II. stan
ley, James Byrnes. &. VI. Soria. Thomas
SiInms, William Won phul. II. J.. Janvirr
Alexander Marks. John II. Keep, &. T..
SIayhack and 5. II. Boyd.
Crescent City Bank. II. Summers. W..
f. seymour George w. Hynson, {: NJ. Soria
George l.. Clapp, f. Newman. I. H. liant
Il. j. West Andrew Stewart, Sigmund
Katz. NJ. \. DeI.izardi, Richard Flower and
l.. II. Gardner.
New Orleans and Carrollton Railroad
6. T. Beauregard, Alexander BonnrNai,
George Jonas, Carl kOhn. Paul Four"hy
(vice Is. l.. Millaudoni. Joseph lie'nandez'
Ii. 4. Lesassier and T. j. Miller.
Jefferson and Lake PontchaItraln Kali
road--G. r. Beaurcgard. Paul Fourchy.
Alexander Honneval. George Jonas. Carl
Kohn, JOSEPH Hernandez and II. A. i-eSas-
sIer. =,
Pourchar:rain Railroad Company. N.
Lapeyre, Charles \. Whitney, A. {. Hutch
inson. George Pandely. J. y. Lea, r. \. LIZ
ling and +. j. Casquet.
St. Charles Street Railroad Company
William II. Mcclellan. .'ohn Geddes. 6. r.
Porter. $. Hopkins. Jr. Al.X ander Hi.
Alden Mcclellan and George b. Young vice
Nirholson deceased,
New Orleans Gas Conpany-l-.imurd i ..
ForstaT. Thomas Sloo, Albin Rochereau, j.
&. Linrha,n. James Jackson and Philip
Silnms vice G. Currie Duncan. deceased
The Louisiana State Bank has declared Il
dividend OF five per cent, pay" Die on TIE
sixteenth instant. We omitted to mention IL
our report OF Saturday evening the SEMI
annual dividend Of six per cent declared
by the New Orleans Gas Company on the
twenty-tirst instant. THE Baton Rouge
Brick Company has also made a dividend
from the last years profits o. fifteen per
cent.
Gold opened at ll05s a li07e against les
the closing rate at New York on Saturday
EVENING", and closed at HOS ln'4. after
touching lill4. No kilograms were received
from Wall street the day being observed
in New York IA Il holiday. The sales IN
cluded s50,iG deliverable tomorrow al
Hos: S4a5o cash. at 10 ll-i6; 5000 and
S25,ooO at Il0'4 $1,000 and $1,000 at Hos;
$4,000 and Sl3.0n1 at Ill. and $4,000 II Ill =.
In silver. a small amount $500 in -.meII-
can hali-,iolars sold at i0S
Only Il mmirrare business was transacted
ia sterling exchange, the transactions Ell
bracing about I 5000. OF which - bill Of
lading and clear 1T il9. 5000 clear a. Il.
$1,000 clear and el.,ND bill of l,,ling at
iiGl., .t2o00 bill OF lading and clear at
lE9as. ei500 ships bill at 1873, and sl0.0Uo
bill of lading ar 1914. gold. We heard Of
no sales OF francs. Sterling may b" Gnote'i
at IIoq llgi. 1or good 10 Al bill ut lading
and clear and 10 - 1oi' bank.
Domestic exchange was hardly as strong.
but rates showed no cuotabln variation. HE
banks drew on New York ut !. + cent dr.
count for remittance. and the sales included
$1,000. Si0.00n, sIJ.tU0 and S3o.otf bank
sight on New York ~ y + cent discount,
Slno 900 bank and private bankers al 1872
$1,000. $1,000 and S35.0JU commercial al
7-i6. Si0.nlI ami Sl2.c00 bank at the saint
and 80. zoe commercial sight on New York,
Si0,GN ali,I SlJ.e0J az Philadelphia AID
SJo0n Oh Boston at =.
Bank gold checks or New io.i arc
quoted al J.. t cent discount.
The only sale vi stocks reported : y
shares Union Bank =, thu advanced ra-" Il
50 -.
Nothing transpired in bonds.
We note SaleS.ot $3.50 new State Vi EraNI-
at -: $1,000 blue metropolitan Po,iec at
81 Tan outside figure. ana SS0t new do at -.
Dealers bought new State at - ga and
new Metropolitan Police al e - Z, and
sold tie former ~ - a. /. and the latter II
-.
Dealers rates fer city treasury notes
were II q - l. cent discount hHylng, and
:2c!l2 % selling.