New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-01-17
N Onetary--CommerciaI.
MONETARY.
OFFICE OF THB DAILY REPUBLICAN. /

TUESDAY EVENING, JANUARY ~, to'<s
We have no change to report in the
money market proper. On the street Al
notes with UNREASONABLE collaterals are
quoted at 1O0l2 y cent y annum, and
good and second grade at II Is; Al busl-
ness paper without cOllaterals at lO1i2'
and good do at Is. Mortgage paper rules
at 90IO T. cent y annum for AL and first
class, and IL a. for second grade.
The Teutonia National Bank election for
directors yesterday resulted in the choice
of the following ticket for 1872: Rudolph
Sieg of Seig s. Krug; Charles Bendix, 81
mon Hernsheim, Charles PathOff, Meyer
Stern, of Louis Stern a. Co.; Aug. Koenig,
of Aug. KOenig e. Brother; f.. NJ.
Forcheimer, of FOrcheimer Brothers; j. IL.
Keller; j. X. c. Portman, of X. Gogreve &
Co.: Alfred Shaw: S. katz, Of katz d Bar
nett, and p. klspman, OF De Blum, Sterne
g. Co.
At the election of the Union National
Bank Messrs. John Phelps, w. Hartwell,
Leon GOdchaux, Victor Meyer, b. M. Pond,
+. Van Benthuysen, C. KOhn, Theo. He'll
man, NJ. NJ. Simpson, +. +: La Vlllebeuyre'
H. w. Farley, Nath. d. Wallace and Will
liam b. Krumbhaar were chosen to serve as
directors during the ensuing year.
The Canal and Claiborne Street Railroad,
also, held an election for directors yester-
day, with the following result: +. j. Hart,
X. NJ Montgomery, <. S. Wurtzburger, F..
w. Seymour, William Lynd, Hugh McClos-
key and A. NJ. HOlbrOOk.
Gold opened at lOYls d109l4 against
1885 at New York J. and continued the same
throughout the day IN both markets. The
lO9ls; $4,000, $4,000, SIC, 900. $4,000, $500,
$4,000 and $4,000 at 1904; and $1,000 at
1925.
Nothing reported in silver We quote l01
01OS for American half dollars, and Ia q pa
Y cent premium in gold for Mexican dol
lars.
Operations in foreign exchange were OF
fair extent, the sales embracing about
f75,OOO, Of which 100000 bill of ladiDg at
ll7l4; $4,000 at ll7as; - bill of lading and
clear at 117as ll73s: $1,000 bill Of lading at
and 5000 bill of ladiDg at ll73s; fl5,0O0
Al bill of lading and clear at ll7l2 0ll7a4:
$1,000 American ships bill at llS; e50GU
bank at 1855 0llSl2; E4700 at 10S34, gold,
and f5OOO at l0S7s.
In francs l25,0O0 Al commercial sold at
492h. We quote 1l7le liza. for good to
AL bill Of ladlng and clear, and 1872 a llS34
for bank. These quotations indicate an
improvement Of Lilo q Is T cent since the
close yesterday.
The offerings of domestic exchange were
smaller, and rates advanced Is T. cent.
The banks drew on New York for remit
lance at the close at Is Y cent discount and
the sales included 81, 900 and So, 900 New
York bank sight, SEQ, 900 and SIS 200 private
bankers and $4,000 bank at 4 discount;
IS, 900 and 81, 900 private bankers at 9-322::
$4,000 and $35 900 private bankers and
SIS 900 bank at $40: and $l5, 600 and $50, 200
commercial at Il.
A small remittance business was done in
New York gold checks at q a 3 T. cent dis
count for bank.
$500 State warrants were sold at IS and
$4,000 at 5Sls.
We have nothing to report in either stocks
or bonds. The offerings and bids at the
night sessions Of the Board show that eyer
atoms are restricted by the difference be-
no speculative feeling apparent in any quar-
ter.