New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-10
Monetary--CommerolaI.
MONETARY Y.
OFFFCK OF THE DAILY REPUBLICAN,
MnHnAY ErENrNG December G l8T2.

OfFtJH OF IdB DAlLIE EEsE GBLlCaNs
MONDAY EVENING, December g, 1872.
Notwithstanding the arrival of nearly
S700,G 600 in currency i$l50.00N on Saturday,
$250,0O yesterday evening and $4,000 to-
day) since Friday, there is scarcely any
diminution IL the stringenCY Of the money
market, especially on the street, the etf-c
being coun+ erbalanced by the unsettled
state of political affairs. The demand for
discounts and currency at the banks con-
tinued strong to-day, but on the street there
was hardly any movement, and most Of the
transactions effected were at the suhj"ined
figures, except in few cases, where The de-
mand was very pressing, when higher rates
were obtained. We continue to quote street
rates of first class paper at II y cent Y
annum; Al at IS; second grade at Is; first
class mortgage at III, and second DO at II.
NEW ORLEANS CLEARING HOUSE.
Clesrngs. Balances;
December 7 .........., ~ O68 581 &C T2l6,6 ~
Lecember 9............. 2,5O274 49 273,35G 20
linus far this week s457l, 800 $ @498 996 q
Same time last week 4,o84, 7oi 23 396 360 80
Total last week ...... 1855 2l9 % ,522 81
Total week before...... ll.737.834 u I267.e23 80
Gold opened at lI3GII3l5, against Il3
at New York, and, after a large business,
closed at 1l2z8 n 1875 against J. 3 in that
market, where it touched several times
during the interval 1875. The sales
summed up over $500, GOO, including $2500
$4,000 and $1,000 at 1925, $4,000 $4,000 and
S2O00l at lI3, ST. 600 ($l000 $1,000, $1,000,
$4,000 and $4,000 at lI3, $25, 900 at 1888,
$50, 900 at 1873, $4,000 at ISIS ll3j4,
and $4,000 at ll344.
No sales Of silver we're reported. The
market is now quoted at no III for Amer
lean haIf-dollars, aud par 0314 p cent pre-
MUM for Mexican dollars.
There was also q large movement in
sterling exchange, which opened firm at
previous rates, ruled a shade higher at
noon, and closed at about Saturdays fig
ures The sales amounted to about &9O,000,
comprising 10000 bill Of lading at 100,
E2800 (fI80O bill of lading, and $1,000 Al
cIear) at 1909, $4,000 5000 and $4,000 bill
Of lading, EIO0, $4,000 and 43000At clear)
at 1908, $4,000 bill OF lading at l2l, 10000
AL clear at 12l a I2I Is, $4,000 (f2090 and
$4,000 Al clear and $1,000 American ships
billy at III "a, G2700 Al bill OF lading at l2l
0l2la8, Ell, 900 $4,000 bill Of lading and
$4,000 and 93500 Al clear at l2l3s, and
G2500 AL clear at l2l.
The sales of francs comprised zl5, 900,
embracing 100000 commercial at AGA;
10000 do $4,000, $4,000 and 100000 at 475;
100000 do at, and $4,000 private bankers |
at 472l3.
At the close sterling bills were quoted at |
1903 0l21A for bill OF lading and Al clear, |
and bank at 1919 a l22, and francs at4.s64 |
04.75 for private and nominal for bank.
The offerings Of domestic exchange were |
of fair extent, and, under the effects of re |
ceipts of currency, rates slightly advanced.
The sales amounted to $258,000, embracing
$40 900 private bankers sight on New York
at y y cent discount, $1,000 do at GIG
5I35, 600 $4,000 and 100000 commercial
SIS, 600 private bankers and $4,000 bank
at s., $4,000 $4,000 on Providence and
$3.50 on Boston) at "a, and $4,000 thirty
days sight on New York at 2as.
The banks continued to check at "A a %
y cent discount, and commercial sight was
quoted at IL a s. discount.
In stocks we notice sales of 10 shares |
State National Bank at S98 80, and 25 Car
'Ollton railroad at =.
The only sale reported in bonds was $4,000
lew city seven per cents at IA.
New State warrants were quoted at the
lose at 40a4l. The sales included $1,000
vt 10, and $4,000 at AZ.
The sales of new city appropriation GER
iticates included several small amOunJs at
70 06l, at which rates they closed
In Metropolitan Police warrants we no. |
iced sale of $1,000 at IL.