New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-03
Monetary--Commereial,
MONETARY.
OE7fcE OF THB DAILY REPUBLICAN,
M0yDAY EVENING, December 2, 1879.

/ MOES i Ak \
oFgrcz OF THB DAILY REPUBLICAN,
MoyDAY Evening, December2, 1879. }
We have no further improvement to no
tice in the money market, out notnlhg mas
| transnired to indicate any greater strln-
| gencv. The offerings, both IN bank ana On
/ fhe street, were of fair extent. and we're
1 readily met at the ruling rates. we con-
| tinue to quote first class paper at II 2 cent
| p annum; Al at Is; second grade at IL;
| first class mortgage at 10, and second DO
| at Il.
NEW ORLEANS CLEARING HOUSE.
ql s.s n B "a nc J;
| November &O............. I3499lo o. oi5E'302 40
| December 2.............. 2,244637 IS 20f,o35 d
Thus far tbi, week...... $4o84704 % 8396, 300 50
Same time last week. 3,95Q 478 81 5!7al5 0 0
Total last week LIST 854 y 255 s23 g
| Total week before. 1l.748607 % il53,934 q
Gold opened at II30 1874, against
| 1924 at New York, and, after mode
rate business, closed at at the opening
rates against 1929 in that market. The
sales summed up $4,000 including $1,000
| $4,000, $20C8 and $4,000 at ll3; $40 900 at
| li3s b 1l34; $4,000 $4,000. $1,000, $4,000
| and $I0,O00) at 1874; and $4,000 $4,000,
| $4,000, $1,000 and $7000) at 1888.
No sales of silver were reported. We
| continue to quote American half dollars
nominal at 1859 no. and Mexican dollars
| par TO S12 " GSIG J16iuluu IL 9OLI.
The movement in sterling exchange was
| of fair extent, and, under the New York
| dispatches, rates advanced about Il y
cent. The sales amounted to $4,000,
| comprising EGO, 900 Al clear at l2lA; fi000
| bill of lading at 1904 a l2i; $4,000 bill of
lading at 1905; f250O at III; 100000 bill
Of lading at l2ld l2lA; f3700 tfl7OO bill Of
| lading and Al clear and 620O0 Al clear at
| 12lA; $1,000 AL clear at 1918; $4,000 bill
l ~ la; n1aor o. 1911 j n IOi La
| $4,000 Al clear $4,000, $4,000 and G3090) at
| l2ll5; $4,000 American ships bill $1,000
! and E20O0) at l2l5B, and f3000 bank at
| 1924.
The sales of francs included 5000 on
Antwerp at 7414; 100000 private bankers
at 1874 and $4,000 first class ten days
sight at 40.
At the close sterling bills we're quoted at
1909 a I2l "a for bill OF lading and Al clear,
and a I22 for bank, and francs at 4.7zl2 a
4.76A for private and nominal for bank,
The offerings of domestic exchange were
moderate, and rates declined about Is u
cent. The sales covered $3.50, 900, embrac-
ing $4,000 sight on New York ($I5, 900
commercial and $50, 900, $50, 900 and S35, 900
bank at 30 y cent discount; $40, 900 ISIS, 900
and $4,000 bank at 1872, and $4,000
$4,000 and SIS 900 commercial and 200
100000 private bankers1 at II
The banks checked on New York at Is a
a " cent discount, and commercial sight
was quoted at u.
No sales of stocks were reported.
We learn that $50 IS has been offered for
Union National Bank,
We did not hear of sale of bonds.
The sales Of gold bond certificates in
cluded $4,000, recent dates, $4,000 and
$4,000 at g. and $4,000 do at p.
In new State warrants we noticed sales
Of $4,000 at 1912 and $1,000 at 42l2. At the
close they were quoted at 1919.
Nothing was reported in Metropolitan
Police.
New city appropriation certificates were
quoted at the close weak at 81 q sc. We
heard of few small transactions at these
rates There are no old in the market.
At the meeting of the Board Of Brokers
no sales were effected. The askiugs and
the bids were as follows: