New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-10
Monetary--CommerGial,
MONETARY.
OFFICE OF THB DAILY REPUBLICAN, I
SATURDAY EvEg1NG. November 9. 1872. )

AGOASAA Il Z4A~ 4
OFFICE OF THB DAILY REPUBLICAN,
SATURDAY EvBE1NG, November 9, 1872.
We have but little.improvement to notice
in the money market, notwithstanding the
arrival of over a quarter of million of
currency this morning, and the probable
receipt of several hundred thousand dollars
more this evening. We notice, moreover, a
slight increase in the week. deposits and a
less pressing demand for discounts, both
in bank and on the street. At the same
time applications for currency to remit to
the country are without abatement, and IN
fact are almost equal to the supplies receiV-
ed. The reported transactions on the street
show no variation in rates. We continue
to quote frst-class paper at II y cent
v annum; AL at Is, second grade at
49, first class mortgages at 10, and second
do at II. The most Of the commercial paper
negotiated continues to be at 3d. 60 and 80
days.
NEW ORLEANS CLEARING HOUSE.
November G5 ses 81 s, s gs513Se %
Same lime asst week.. l4U7 ,80I - 3If ol9 20
Total last week,........ lO749387 05 1.2+9 465 q
Total week before. ..... 1854, 7O4 So ,2O026 10
Gold opened at 1874 lI3l2, against
1874 at New York, and after an active bu-
siness closed at 1872 a 1884 ian advance of
80 over yesterdays closing rates., against
1898 at New York The sales summed up
49,, 900, including $4,000 $4,000, $4,000,
$4,000 and $4,000 at $Il3La; $4,000 $4,000,
$500 and $3jOO) at Il34s; S4l, 900 $4,000,
$3.50. $1,000. $500, $4,000, $1,000, 10000 and
$4,000 at lI334, and $4,000 at ll3l2 q
ll344.
Nothing was reported in silver. We con-
tinue to quote nominally at 1909 a ITO for
American half dollars, and 285 y cent
premium in gold for Mexican dollars.
The business in sterling exchange was Of
fair extent, and, under the influence of the
gold dispatches from New York, rates ad-
Vanced about Il per cent The sales
amounted to EST 300, comprising $500 bill
of lading at 1904, G20, 900 bill Of lading at
I201a, Ego, 900 bill of lading and AL
clear at l20A l2043, fl8O0 Al clear at
zoos, $1,000 bill of lading at 1908 zoos,
fI4,OO0 bill of lading at l2O42 q 1903, $4,000
bill of Iading and Al clear at I2O4 Obj,
and El000 Al clear at l2l.
The sales Of francs comprised 100000,
embracing 100000 commercial at at 4.8lA,
100000 do at 4782444713 100000 do at,
and 100, 900 first class at 4,764. There were
also sales of some small amounts, but the
particulars were withheld.
In German marks we report sale OF
100000 at.
At the close sterling bills were quoted at
l201e d l2l for bill of lading and Al clear,
and l2l5s o 70 for bank, and francs at
48O047749 for private, and nominal for
bank.
Domestic exchange advanced "A p cent
under the influence of the receipts of cur
rency from New York. The offerings were
liberal, and the sales covered $3.50 600, en-
bracing $4,000 bank sight on New York
at s. " cent discount; $l02, 900 do $4,000,
$25. 900, $25, 900 and $40,000) at 81; 1000
1872 900, SIS, 900 $25, 900 and $25, OOO) at 70,
and 100000 $4,000 on Providence and
$50, 900 on Boston, at l.
The banks checked on New York at %
p cent discount. and commercial sight was
quoted at p discount.
In gold checks on New York we noticed
a sale Of $1,000 at per cent discount.
The sales of stocks included 1880 shares
Crescent City Slaughterhouse Company at
$l5, and 300 Union Consolidated Mining
Company of Tennessee at s. 6242.
Nothing was repol ted in bonds.
There was more activity at advanced
rates in new State warrants. The market
opened at 4212 and closed at about As. The
sales included $1,000 at 4212, $4,000 at 1872,
$4,000 at IS, and $4,000 at -. There were
some other sales reported, but the particu-
lars we're withheld.
City appropriation certificates continue
unsettled. and closed nominal at 63 a %.
The sales included $1,000 at G3, $1,000 at 81.
$1,000 at 6t12. and $4,000 at 65i4.