New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-10-30
Monetary--Commerctal,
MONETARY.
OFFfCK or THB DAILY REPUBLICAN, !
Tuesday EVENING, October DC, 1872. }

OFFfCK or TIKI DAILY REPUBLICAN
| Tuesday EVENING, October 2S, 1872.
We have no new features to notice in
| the money market, nor any variation IN
rates. The demand for discounts and cur
reuey at the banks was of fair extent to-
day, but less pressing than last week. Inc
offerings on the street appear to he only
moderate, indicating that the demand for
money is less urgent, but nothing has trans
pired to require any change IN rates, and
we continue to quote tirst-class paper at Il
P cent " annum; Al at Is, second grade at
18; frst-class mortgages at 10, and second
do at -. The most of the commercial paper
negotiated continues to be at 30, 80 and so
days.
NEW ORLEANS CLEARING HOUSE.
Clearngs. Balances.
October 26........... s l407 G07 SO $3i48I5 30
October 3 % - 81 ~ 90 20 IS$ 8I9 81
Thus far this week.. Sd 672 O91 Is sou Us IS
Same time las5 week.. 1913 20 10 25l,5I -
Total last Week.......... 94l0G5I "A l,l94,6l9 70
Total week before. 3 45GII4 81 1885,, 483 90
Gold opened at 1872 0I1324, against 1923
at New York, and after a moderate bust
ness closed at 1898 n 1885 Ia decline Of
Ii a &c from yesterdays closing rates.,
against the opening rates in that market.
where it touched 1l2a4 during the interim.
The sales amounted to $4,000, comprising
iI3A; $4,000 ($2O00 $4,000, $4,000 $4,000
and S8OO0) at Il319; $4,000 $4,000, $4,000
and $Il ,0OO) at 1885; $4,000 $4,000 and
$5OO0) at 1883, and $1,000 at 1879. In ad-
dition to the above the United States Assist
ant Treasurer sold $4,000 at 1874.
Nothing was reported in silver. The
market Is now quoted at 100 clio for
American half dollars, and 2 as 2 cent pre-
MUM in gold for Mexican dollars.
in c+a ayph9Dup q. lS
of moderate extent and rates declined
about ls U cent under the influence of
New York advices. The sales comprised
EAT ,309 embracing $4,000 bill of lading
$4,000 and f3O0O) at 2r38, &4300A1 clear
(El800 and f2500) at h, $4,000 do at
i2l41 0l215s, E10,500 (f6OO0 bill Of lading
and $4,000 and f2500 EAI clear at 1925,
EI5,000 AL clear $4,000 and Ell ,0GO}at l2i h
0l2Ia4, and 8l500 bill of lading at l2l "a
The sales of francs included 100000 Swiss
at AIM.
marks at I061p.
At the close sterling bills were quoted at
1914 0l2l58 for bill of lading and Al clear,
and 1924 O. fer bank, and francs
nominal at Attn 04764 for private.
The offerings OF domestic exchange were
Of fair extent, but at the close rates ad-
vanced about Lie y cent. The sales COW
cred $780, 600, embracing $751; 900 bank sight
on New York at 3s u cent discount $4,000
commercial and bank at g 07-l6; Sl22OOO
t$l2,O 900 commercial, $4,000 private bank
ers', and SIS ,O00 100000, $25 000and $55,000
bank at 7-16 $4,000 $4,000, $4,000 and
$25, 900 commercial and $4,000 private bank
ers') at H. and $4,000 sight on St. Louis at
20, and $4,000 on Providence at the same.
The banks checked on New York at a z
cent discount. and commercial sight was
quoted at 1850 % discount.
The sales of gold checks included $4,000 at
IA U cent discount.
In stocks we noticed sales of 20 shares
Louisiana State Lottery Company at :; 10
New Orleans Mutual Insurance Association
at 500 50, and y New Orleans City Rail
road at.
Nothing was reported in bonds
The only sale of warrants reported was
$500 new State at 80.
City appropriation certificates opened at
about "A, but were afterward unsettled by
the decision of the Eighth District Court |
refusing the injunction against the passage |
by the City Council of the ordinance pro- |
posed by the Louisiana Savings Bank, and |
the proceedings of committee Of citizens |
in relation to it, for the particulars of which |
We refer to the reports in another column. |
The sales included $4,000 at TN; $1,000 at |
7I34; $4,000 at -, and $4,000 at "a, the mar !
ket closing too unsettled for quotations. /!