New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-19
Aonetary Commercial.
MONETARY.
0FFtCg OF TIKI DAILY EEPTBLICAN,
MoxDAY EVENING, November 10, 1872.

GAOEN II n a"
OFFICE OF TIKI DAILY EEPCBLICAE,
MONDAY BvBFTFH. November lS, 1872
We have hardly any further Improvement
to notice in the money market, nor any
ouotabIe variation in rates. The demand
tnr currency continues strong, and the
offerings, both in bank and On the street,
are of liberal extent, and are taken
I'D freely at the ruling rates. We
continue to quote trst-class paper at u II
cent q annum: Al at Is, second grade at
Is; first class mortgages at 10, and second
do at -. The most Of the commercial
paper negotiated continues to be at 30, 20
and so days.
EBw ORLEANS CLEARING HOUSE.
xovgaser IS e. s ess ~ . s3 1iInsG s.
November 10 ,............ l,67o.288 48 2l4,638 10
Thus far this week. 3.781 e9I o. 426,45I 50
Total last week ra1es948 $ l,525838 IS
Total week before. le,7493ST % l,249,465 81
Gold opened at Il3h 1879, against 1872
at New York, and, after limited business,
closed at 1l34 ella ian advance of b6c
over Saturdays closing fguresl, against
Il34s in that market, where it touched ll34
during the interim. The sales summed up
only $50, 900, including $4,000 at 1879, $l8,-
900 $4,000, $1,000 and $90OOi at 1l3&, 1000
.
5000, $1,000 and SIS, 000lat ia.
Nothing was reported ia silver. The mar
ket Ia still quoted nominal at 1890 10 for
American half dollars, and at gas per cens
premium in gold for Mexican dollars.
The movement in sterling exchange was
of fair extent and rates advanced per
cent under the influence of the stlttenlng IN
domestic exchange and the dispatches from
Now York The sales amounted to Tot, 6O0,
Of lDH and
El8O0 and $4,000 Al clear at III g, 35OO0
bill of lading at l2I Y q l2l ", G83OO (380O Al
clear, 42500 do, $4,000 do and $4,000 bank
drawn on Baltimore and payable in Lon
dom at l2l4s, 900 bill of ladlng at III Il
DI2l4a, $500 Al clear (El500. $4,000 and
E5OO0l at I2las, $4,000 bill of lading and
AL clear at l2lA 0l2Ia, $4,000 Al clear at
1914 012l34, and $1,000 bank at l2215.
The sales of francs included 10000 com
Tnercial 10000 and 60,000) at 4.16%, and
10000 scrip at 4.73a4
At the close sterling bills were quoted at
1914 012laB for bill Of lading and Al clear,
and 1924 for bank, and francs at All
476N for private and nominal for bank.
Domestic exchange, under the influence
of an active demand, rnled more IN favor
of sellers, but advanced barely 48 v cent.
The offerings were of liberal extent, the
sales covering over S5OO,0OO, embracing
3Sl9,UUU tpZUU,UUO anu %LOYVoOI b6"LI n ~ W
New York at Il q cent discount; Sl55,OO0
1875, 900 and $4,000 commercial at SIG and
$50 600 and $4,000 bank at SIG; $4,000
banktat 80; SIS, 600 1915, 900 and $50, 600
private bankers, and $4,000 bank at %;
$4,000 on Providence at q, and $4,000 on
Philadelphia at H.
The banks checked on New York at 1s a "A
p cent discount, and commercial sight was
quoted at q 0516, against h for the for
ner and Is for the latter, on Saturday;
In bonds we noticed sale OF $4,000 new
city seven per cents at IS.
Nothing was reported in stocks n,,oo
new State at retail at 40Ib, $500 do at 1872,
and $4,000 metropolitan Police ($l4OO, $1,000
and $4,000 at IS a 6519.
City appropriation certificates were
quoted nominal for old, and about 64I2 q
6514 for new. Some sales Of new We're re
ported al 64Hs resi-, and some of old IS
hiuh aa 80 IA