New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-02
Commercial.
MONETARY.
oEHcE OF tag BAnT eEPuB1IcAv, J


OFFICE OF THF DAILY PUBLICAN, I
MONDAY EVENING, July !, 1872.
We notice that in addition to the divi.
dends mentioned in our last report the
State National Bank has declared Y cent
from the profits Of the past six months; the
Bank Of Lafayette p cent, and the Hiber.
MIA Bank Y cent, payable to shareholders
next Monday.
The money market continues quiet. All
approved short paper is readily accepted by
the banks from their customers, and, with
satisfactory cOLaterals, can be placed with
out difficulty ON the street at inside rates;
but long paper is neglected and slow of ne
gOtiation at our quotations, which we re-
peat as follows: -0lO p cent p annum
for first-class signatures or unexceptionable
collaterals II 0I2 for less desirable
names, which can hardly be classed as
second grade; l20l5 for second grade; -
0lO for frst-class MORTGAGES, and II a Is for
second grade.
NEW ORLEANS CLEARING HOUSE.
June 2 ssssss 10 s Ralaaes 6
July l................... Ll49,784 Sc 32l ,l73 Sc
Thus far this week. 737 sc s5lO616 %
Same time last week.. l673,538 80 Isl, O29 %
Iotal last Week.......... 5,33l,461 70 908 $40 %
Total week befOre......... 48O5,OO2 Sc 779 755 "A
Gold opened at ll30lI3A ian advance
of y on Saturdays fgures], against 1884
at New York, and, after a moderate bust
ness, closed at ll31s a 1885. against 1872
at New York, to which that market had
receded after touching ia. The reported
sales covered $46,500, embracing $1,000 at
1924, $1,000 at 1928, $4,000 $1,000 $1,000
and $4,000 at ll3, $4,000 $4,000, $1,000 and
$4,000 at l13b. $4,000 $1,000, $1,000 and
100000 at ll3A, $4,000 $4,000 and $4,000 at
1888, $4,000 at 1888 01I312, and $500
$4,000 and $l500) at 1872.
Nothing was reported in silver. 1t is
is still quoted at l08 IO81h and 100 for
American halfdOllars, and 80 0515 p cent
premium, gold, for Mexican dollars.
The offerings of sterling were limited,
and the only negotiations reported were
2l500 Al clear at I24. and G400 at -.
At the close sterling was quoted at 1910
l241b for bill of lading and AL clear, and
l25 q 1851 for bank, showing an advance
of "a y cent on the outside figures, but
none on the inside; francs were nominal at
4.63& 04.621h for private and 4.5745 O.
for bank.
Domestic exchange was quiet and rather
weaker, but the banks continued to check on
New York at as p cent premium, and
commercial ranged from Is a "a premium.
The reported movement covered $lS3, 900,
embracing $4,000 commercial and bank
sight on New York at Ks 03-l6 p cent pre-
uluIQ5 %O0,OOU tgOYUU anu pSUUU commercial
and two sums of $4,000 each of bank at
"A; $4,000 bank $4,000, $4,000, $4,000
and $25,O00) at 9-32, and 1000 Boston
sight at l-l6.
A bank gold check on New York for $4,000
was passed at y premium.
There was rather more inquiry for stocks, |
but the only sales reported were $50 Louis
lana Levee, ordinary 100, $50 and 2G0), at
81 %: 100 do, thirty days, buyers option, at |
S4 so, and 90 Pneumatic Propelling Com |
pany at So so. Also, on Saturday, not re-
ported, 500 shares Louisiana Levee, ordi- !
nary, at 81 25.
The sales of bonds included $4,000 old |
State skies, free school fund, at 15; $4,000 |
city improvement seven-thIrties at :; $1,000 |
Did city consolidated skies at 20, and $4,000 |
city fves, waterwOrks, at 50. There was
some inquiry for city seven p cents.
There appeared to be very little move
nent in warrants, the only sales reported |
being $1,000 new State at so, and $4,000 old |
10, registered, at 5634.
The sales of city appropriation certificates
included $4,000 at II and $4,000 in numerous
'etail sums at y.