New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-09
Monetary--CommerciaI.
MONETARY
OFFICE OF THR DAILY REPUBLICAN.

OFFICE OF THB DAILY REPUBLICAN,
SATTRDAT E7RNING, December Z 1872. !
The probable receipts of considerable
amounts of currency this evening and early
on Monday has produced shade of better
feeling in the money market, but the in
provement is so slight that it has hardly
produced any apparent effect The de-
mand for currency and discounts continues
strong, and although the deposits are about
equal to last week, the supply of currency,
compared with last week, shows a falling
off about $4,000 The offerings On the
street are of moderate extent, and though
there is a tendency to sitter rates, the de-
mand is pretty freely net at the subjOined
figures. we continue to quote the street
rates of first class paper at u = cent Y
annum; Al at Is; second grade at IS: first
class mortgage at 10, and second do at II.
NEW ORLEANS CLEARING HOUSE.
,,- > ol Lee ms g z Balances &c =;
Same time last week 49,. I,84OOl6 81 49,, 305 IS
Total last week 1850 2l9 a 1,57t522 81
Total week before-..... Il.73783l y I.267,e23 go
Gold opened at II3Qll3A, against lib
at New York, and, after % moderate bust
ness, closed at | I3 q 1873, against 1913 in
that market. The sales summed up 1882
600, including $27 500 ($25G0, $4,000, $4,000
and $l0000j at lI3, $4,000 at ll3a 1875,
$7G500 $4,000, $500, $4,000 and $60,000} at
1873, and $500 f$25O0, $4,000 and $1,000 at
lisa.
No sales Of silver were reported. The
market IS now quoted at ITO a Ill for Amer
lean half-dollars, and par G3l2 p cent pre-
MUM for Mexican dollars.
The movement IN sterling exchange was
of fair extent, and, under the influence Of
the Improvement of gold in New York. and
an advance in domestic exchange, the mar
ket closed Is i cent higher. The sales
amounted to about f97 GOO. comprising
El800 clear at I2049, $1,000 do at 1905.
10000 bill of lading $4,000 and &5OO0} at
1904, Ell 900 do at l20}8 0I2l, $1,000 Al
clear at l2l a l2l y, 1900 L9I2OO0 bill OF
lading and $4,000 and 83500 Al clear at
1911 Is, $500 Al clear $4,000, &25O0 and
E4OO0) at 1914, 100000 bill of lading at
I2l a l2I 38, and $4,000 bank at l2l u.
The sales Of francs included 10000 COM
mereial at AIS, 900, 900 do 10000, 10000 and
$50, 0O0) at =, $4,000 private bankers at
47324, and 10000 sight at 4 g.
, In German marks we noticed sale Of
225 900 at =.
1909 a 121l4 for bill OF lading and Al clear,
and bank at 1913 a, and francs at4Iol4
0475 for private and nominal for bank.
Domestic exchange opened with shade
better feeling, and commercial sight on New
York closed at L b cent advance. The offer
ings were liberal and the sales were S3lo.OUu,
embracing $50, 500 sight on New York ($lO,-
600 private bankers and $4,000 bank at
s. . cent discount, $4,000 ($25,000 COM
mercial and $4,000 bank at ll-I6, $780,
900 $685. goo commercial, $4,000 private
bankers and $4,000, 100000 and So
900 bank at u, $4,000 on Boston (Sl5,900
and $20,O0O) at 70, and $4,000 on Proyi-
dence at l.
The banks checked on New York at 4
q IS y cent discount, and commercial sight
was quoted at 50 discount.
The only GALES reported in stocks was ten
shares Of Hibernia Bank at $40, and ad-
vance of s. per share.
Nothing was reported in bonds.
The sales of warrants included $1,000 new
State at 4024, and $1,000. at Il; they were
quoted at the close at 4004l.
The sales of new city appropriation Ger
tifcates comprised $1,000 $1,000 and $4,000
at SO, and $1,000 at 6l24; they closed at coo
81.