New Orleans Republican., 1872-06-04

MONETARY.
OFRlCP OF THE DAILY REPU BLICAN,
MONDAY EVENING. June 3, 1872.
CLEARING HoUsE.

| CLEARING HOUSE.
SleaFlngs SOS 494 y
oaAahces''- l5iJ4zO u
We heard fewer complaints to-day OF
| placing even secOnd-class names. The offer
lngs at bank moreover, were less liberal
| and hardly up to the available resources.
In fact, although there has at no time been
any actual stringency in the market, it is
becoming sensibly still easier, and all ap-
proved paper is on demand at the ruling
rates. Of the offerings at the banks, we
! still notice an unusual proportion of long
paper. The range Of the discount market
may be quoted at 90i0 " cent per annum
in first class and AL paper, with or without
! collateral; ii a r. for less desirable names,
| hardly to be classed as second grade; IL "a Is
| for second grade; 90I0 for first-class mort
! gage paper, and - 0IJ for second grade do.
| A small amount of frst-class nine months
business paper was done to-day at 10.
Gold opened at 1I3A 0II316, against
| ll4A at New York, and after rising, under
the advance at New York, where it touched
1925, receded, and closed at 1898 0lI35s,
against Has in that market. The sales in
cluded $4,000 (Sl000 $1,000 and $2000) at
1888; $4,000 $4,000, $4,000 and $9000l at
ll3l9; $4,000 $4,000, $4,000, $4,000 and $8000)
at 1885. $4,000 $1,000, $1,000, $4,000, $4,000,
$5000, $4,000 and $9000) at ll324, and
$4,000 at 1879.
In silver we noticed sale $1,000 in Ameri-
can halfdOllars at 100. The smarket is still
quoted at l080 l09 for American halfdOl-
lars, and 3l5 051B y cent premium in gold
for Mexican dollars.
The offerings of sterling exchange were
again limited, and, under the rise in gold
at New York, ruled materially higher the
market opening at 124A 01244b for bill of
lading and Al clear, against l23zs al l241s
on Saturday, showing an advance of 3s y
cent, and, after ruling still more in favor
of sellers, closed at the ObeniDg rates. The
sales included e3500 bill 5f lading at I244;
$4,000 do at I243s; G35C0 Al clear fGI5D9
and 92000) at 1241R; Sl000 first class at
l249B; fl200 ship bill at l2434; $4,000 bank
at 1853, and eIS00 sight do at 1904.
The sales of francs included a round
amount, all the particulars of which were
withheld. Nothing was reported in German
marks.
At the close sterling was quoted at l24A
I2412 for bill of lading and Al clear, and
"a 1854 for bank
The market for domestic exchange ex-
hibited a fair degree of animation, but
ruled at still easier rates, the banks check
ing on New York at Il y cent discount.
against 3s on Saturday, commercial ruling
at ll6 a Is discount. The reported sales
amounted to $27S,000, embracing $I23,OO0
tSlO,00O $4,000 $4,000, $50, 1000, $25, 900 |
and S28 000) at lS P cent discount: $500 !
$4,000, $4,000 and $3O,OOOl at I-l6;
$4,000 $4,000, $4,000 and S30000) at |
l-32; $4,000 on Providence at Il, and |
$23, 500 sixty days on New York (S55OO |
and $l8,0OOJ at la discount.
In gold checks on New York we noticed |
sales Of $27, 900 ($50OO, $4,000 and $I2, ,0OOl |
at y 1s cent premium
Nothing was reported in stocks.
We heard of some sales of city bonds all |
the particulars of which were withheld
In warrants we noticed sales of $4,000 /
new State at SO; $4,000 do at 81 u and $4,000
do tSll00 and $250Ol at 6213.
The sales of city appropriation certif-
Gates included $1,000 ii.