New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-24
Monetary Commercial.
OPPfOR or THE DAILY REPUBLICAN, I
SATURDAY EVENING, November 49, 1872. )
NM - o q -
MONETARY.

| OPPfOR or THE DAILY REPTBLICAN,(
| SATURDAY EVENING, November %, 1872.
The money market, although rather less
! stringent, shows only moderate degree OF
relaxation. We notice some increase il
| bank deposits, and better feeling gen
| orally. The applications for money con
| tinue liberal, with only limited falling of
| in the demand for discounts. The offerings
on the street are also of fair extent. but no
transactions have transpired to indicate any
quotable variation in rates We continue
to quote first class paper at y y cent f an
| mum; AL OF Is, second grade at IL; 6rst-claBs
mortgage at 10, and second do at r. The
most of the commercial paper negotiated
continues to be at 30, 10 and 80 days.
NEW ORLEANS CLEARING HOUSE,.
CIesnngs Balances.
Same time last week.. 1902 SO 6lI ,8l2 81
Total last week,........ ll7486G7 % I,I53,984 81
Total week before l0,7009f8 IS l,EZ5S39 70
Gold opened at Il30Il3A, against 1929
at New York, and, after fair business,
closed at 1874 a 1885 "a decline from yes
terday's rates OF H a 14c), against 1923 at
2:l5 P NJ. in that market, where it touched
up $68, 800. including $500 at 1875. $4,000 at
1874, $4,000 at 1888, $4,000 $4,000, $4,000
and $lOO00) at 1857, $4,000 $4,000, $4,000
and $4,000 at 1885. $4,000 $4,000, $1,000
and $4,000 at 1879, $4,000 at 1879, $4,000
at 1872 0ll334, $4,000 at 1889 0ll333 and
$4,000 early at ia.
Nothing was reported in silver. We con-
tinue to quote American half dollars nOmi-
nal at 1897 10, and Mexican dollars at az
u cent premium in gold.
The movement in sterling exchange was
of moderate extent, and rates declined
about 4 T. cent under the influence Of the
course Of gold at New York The sales
amounted to $50 900. comprising $4,000 Al
clear at 1909, El5,500 (G3000 and E40G0 bill
Of ladng and e2500 and 10000 AL clear) at
12l, $4,000 bill of lading at 1915, $4,000
$4,000 bill of lading at 1903 0l2l, $4,000
Al clear at 1914 and $4,000 bill Of ladiug
and AL clear at 1914 0l2i38.
The sales OF francs included l0O,0 600 com
merciaI at 4.77l7, 100000 do at =, $4,000 do
at - and %, 900 first class at 4.721a.
At the close sterling bills we're quoted at
1909 012ll "a for bill Of lad'ng and Al clear
and a l22 for bank, and francs at 4.7742 a
AGA for private and nominal for bank.
The offerings of domestic exchange were
more liberal, and at the close the market
was shade sitter. The sales covered $322,-
600, embracing $4,000 bank sight on New
York at 3-I6 y cent discount; $4,000
$4,000 commercial and $350 and $4,000 |
bank at 7-32; $88,00O $4,000 commercial
ana SfOQU ana $|o,UJO private bankers |
at a; $4,000 commercial at SIG, and |
5000 $50, 600 commercial, $4,000 on Pro
violence, $4,000 Oh Providence and Boston |
and $4,000 on Boston, at So.
The banks checked in New York at Is !
per cent discount, ana commercial sight
ruled at 4.
The only sales reported in bonds
were at auction by Messrs. +; Al. &
B. J. Montgomery, comprising $l0O city /
skies at 6812, and $1,000 State SKIES at Co.
sold for account of Metropolitan Loan and
Savings Bank.
In stocks we noticed sales of $50 shares
Union Consolidated Mining Company Of
at So IS; also at auction by Messrs.
r. NJ. & B. j. Montgomery, one share
Jockey Club at SIS; and II shares Mechanics
ind Agricultural Fair Association at $I2 so.
The sales of warrants included $1,000 new
State at 4017, $500 at Al and $4,000 at II =.
The sales of new city appropriation Ger
ificates were $4,000 in several amounts at
$ a IS, which were the closing rates Old
nominal. At auction SO, 900 sold
t 81 II.
At the meeting Of the Board of Brokers'
IA p NJ, there we're no sales. The ask