New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-10-06
Monetar Commercial.
MONETARY.
OFFICE OF THB DAILY REPUBLICAN,,
SATURDAY EVENING. Oetnber S. IBT2

| The payments of the fourth having beer
| punctually met, there appeared to be rathe1
| less strictness in the money market to-day
| The demand at the banks for discounts anC
| currency nevertheless continued strong. bu
on the street it was less urgent with
slight tendency to easier Rates. We
continue to quote first-class paper at
0lO p cent y annum AL at 10, less desira
BILE names, not second grade, at IL, and
| second grade at 120I Is, first-class mortgage
paper at 915 dl0, good to second grade dc
at Il012.
NEW ORLEANS CLEARING HOUSE.
oo+o,,ons Gle ca Balances.
Same time last week.. 949 Sal 81 I53 q79 2f
Total last week. 1853 2O9 81 500, 1865 81
The attention of our readers is called to
the favorable statement of the New Or
leans Mutual Insurance Company in an
other column, from which 1t will be seen
that the net earned premiums tor the third
quarter of 1872 amount to $3.50, 1887 go, and
the total losses and all of the charges lin
Guiding in the latter 10. y cent per annum
paid to the shareholders on their capital
stock paid in is SIS, 1865 81, which leaves a
balance to the credit of profit and loss of
S7O,922 o. Against this an assessment has
been made on the stockholders of SCI, 149 %,
or so II cent on the net earned premiums
of the third quarter. subject to assessment
amounting to $l34,298 43.
Gold opened at lI40lI44, against II424
at New York, and, after moderate bust
ness, closed at 1885 a HAS against la in
that market. The sales We're confined to
$38, 800, including $4,000 $4,000 and $4,000
at la; $4,000 at ll4I8; $l3, 800 ($15OO, $4,000,
$4,000 and S60O0) at I14A, and $4,000
$4,000, $4,000 and $5000) at lI42B.
Nothing was reported in silver. The mar
ket is now quoted at I09 a ITO for American
half dollars, and 205 y cent premium,
gold, for Mexican dollars.
There was but moderate movement in
sterling exchange, and under the influence
of the New York dispatches rates declined
about u 4P cent. The sales comprised
f27 500, embracing $4,000 bill of lading at
l2l; 637O0 AL clear (fl200 and E2J06) at
1914; Ell, 900 do (G7000 and EI0,OOO) at
1914 O l2l3B; 92900 (EI000 and $4,000 at
l2l %, and 1000 AL clear at -.
The operations in francs amounted to
1000 commercial, including 100000 10000
and 8O,000) at 4,7712, and 100000 at Asa.
At the close sterling bills were quoted at
III a Us for bill of lading and Al clear,
and l220- for bank, and francs at 1850
04.7745 for private and nominal for bank
Domestic exchange continued to rule at
yesterdays rates, and the sales covered
$2l0,OOO embracing $4,000 commercial
sight on New York at "a y cent discount:
$4,000 (Sl5,000 commercial and 100000 at
3I6; $l05, 900 bank $4,000, $4,000, SIS 900,
$4,000 and $50,O0O) at 3-32; $4,000 do at
l-l6; $50 900 commercial on Providence
$4,000 and $2O,0O0) at a, and $4,000 sixty
days sight on New York at 24a
The banks checked on New York at par,
and commercial sight was quoted at Is a
Lilo P cent discount.
In stocks we noticed sales of so shares
New Orleans National Banking Association
at$32; 50 United States and E european Pro
pelIing Company at 81; 50 Ammonia Pro
oelling Company at -; 30 do at $40 Is, and |
a resale Of the same at $40 50.
Nothing was reported in bonds, except |
1 small amount of city ten per cents at IL. |
The only sale reported in warrants was
$500 new State at 49,
City appropriation certificates closed at I
about 621a SO. The sales amounted to
$40, 600, including $1,000 at 81, $4,000 $4,000
md $4,000 at 6242, $4,000 at 624s a 6224
$4,000 $4,000 and $1,000 at 60, $4,000 $4,000 |
$1,000, $780, $4,000 and $4,000 at G3A.
$1,000 a. 6}1s, and $4,000 at 6e7s.