New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-09-13
Commercial.
MONETARY.
oFF.C OF TIE DAILY RKPUBLICAN,
TtypRgDAY EVENING, September IL. 1872,

MONETARY.
OFFICE OF TIE DAILY RKPUBLICAN, I
| THURSDAY EVENING, September r. 1872. )
We have no change to notice in the money
market, nor any quOtable variation in rates
| The banks continued to discount all offer
| ings of approved short paper, but report a
sensible decrease in their deposit lines. The
| business On the street was moderate, with
few transac tions Of any magnitude and no
| particular variation in rates. We continue
| to quote first class paper at 90l0 P cent
| " annum; AL at 10; less desirable names
| not second grade at IL; second grade at II;
| first class mortgage 919 0I0; good to sec
| ond grade do ll0l2.
Among tO-day's transactions we notice
sales of $4,000 first class commercial for
sixty days at 10 p cent Y annum, and $780,
900 do Al at.
NEW ORLEANS CLEARING HOUSE.
September 7.............., $924,6l2 50 $l4547I 50
September o... 14t44o s. 1850 70
September u ............ 1914 Z l23929 L
Thus far this week...... e52s3 go ca B6G1 2o4 50
Same time last week 4,697,l29 70 72929l 80
Total week before ........ 4.764 JAS so 782I88 SO
Gold opened at l13 0lI3A, against 1925
at New York, and, alter a moderately active
business, closed at 1874 0lI341 ian advance
of Ac) against 1873 at New York. The
market was strengthened by scant supplies
Of cash gold. The sales embraced S72,3 300,
comprising $4,000 $4,000, $2500, $1,000,
$500 and $6O0O) at 1l3; So, 900 1890, $4,000,
$4,000, $4,000 and $4,000 at Il3A; $l2, 300
$4,000 and $4,000 at 1893, and $4,000 at
1888 OIl3l2.
The only sale reported in silver was $500
in American halfdOllars at 1882. The mar
ket is now quoted at 1882 a 1922 for Anne
rican half-dOIlars and 31a 051a " cent pre-
emium, gold, for Mexican dollars.
Sterling exchange was almost without
movement, but quoted at decline of "A p
cent. The only sales reported were $4,000
AL clear at 1903, and $4,000, drawn else
where, of which $4,000 at ll9 and $1,000 at
ll942, which, however, are regarded as no
criterion of this market.
The sales of francs included 100, coo COM
mercial at All, and 100000 at 4.7749.
In German marks we noticed sale of
10000 at 2619.
At the close sterling bills were quoted at
l200l2049 for Al clear, and I2l q I2I u for
bank, and francs at 480 Q4.77 y for private,
and nominal for bank.
Domestic exchange was quiet, with light
offerings, and ruled easier for bank and
tirmer for commercial. The sales covered
only $4,000, comprising $4,000 commercial |
slgnG on New 4OFk AT u T. cent discount, |
$4,000 private bankers at 81, Sos 900 bank |
1920, 900, $4,000. and $25,O0O) at SIG. The
banks checked on New York at Is a "A y |
cent discount, against Is discount par |
and commercial was quoted at |
5l60 IS discount against % a Il yesterday.
A gold check OF $4,000 on New York was
sold at II v cent discount.
The sales of stocks included shares
Crescent City Insurance Company at $50,
md some other lots, the particulars of
which were withheld; also, at auction, by
Alfred Bouligny, 10 shares Levee Steam
Press at SO; ll6 do at SIS; "a New Orleans
4aslight at SAL SO; 6 jackson railroad at
Sc; 9 Mobile and Ohio railroad at $40 so;
80 Merchants Insurance Company's scrip
f 1870 at So, and $40 Louisiana Bank
otes at So for the lot.
Some sales of bonds were nades bus the
PARTICULARS we're withheld.
Nothing was reported in warrants
City appropriation certificates qyere
uoted at the close at 64ba 065 The sales
lcluded $4,000 (SlOO0 $4,000 and $2OO0) at
AZ; $500 at 6424, and $500 at 6512o