New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-24
monetary--CommerciaI.
MONETARY.
OFFICE OF THB DAILY REPUBLICAN,
% 1879

OFFICE OF THE DAILY REPUBLICAN, I
MONDAY EVENING. December %. 1872. :
We have no change to notice in the
money market day, nor any variation in
| rates. The demand of most of the banks
| continued of liberal extent, and was gene
! rally pretty freely met, considering their
| resources. The offerings on the streets were
liberal, and the majority of the negotiations
were at the subjoined rates. We continue
quote first class signatures at IA p cent
" month, AL at liz, and second class at 2;
hrst class mortgage paper at 10 y cent +
annum, and second class at l2
NEW ORLEANS CLEARING HOUSE.
C1esnngs. Balances
December 2I.............$ 1,DO113 IS sI37,28 80
December 23,.......,... l,996348 Is 2l3,l4l 25
Thus far this week......,B $685. 461 % $3.50 429 O5
Same time last week.. 4.413,584 % 544772 "a
Total week before H.355.2l9 "a l,3T4522 81
Gold opened at HES a III78, against Ills
at New York, and, after an active bust
ness, closed at HE 0llI34, against III "a in
that market The sales summed up 49,
00O including $4,000 $4,000 and ST. ,000y
at l1l1s, $4,000 $4,000, $4,000, $4,000 and
$4,000 at l1l24, $4,000 at I1I53 0l1I78,
$4,000 $4,000, $1,000 and $4,000 at 70, and
$4,000 at Il2.
No sales of silver were reported. We
continue to quote American haIf-doIlars
at I090ll0, and Mexican dollars at parQ2
q cent premium in gold.
The movement in sterling exchange was
OF fair extent, and under the influence of
New York dispatches the market closed at
1s " cent advance in private bills, and
about "a in bank. The sales amounted to |
G5l 200, comprising G6200 (GI000 bill of lad !
ing, fl2OO, fl5O0 and f25O0 Al clear at
1908, $4,000 bill of lading 1902 a 1909, |
Ell 500 (f5500 bill of lading, and $4,000 and |
$4,000 AL clear at 1904 f2O, 900 bill Of lad. |
ing at 1904 0l207, &2500 at 1903, $4,000 Al |
clear, and American ships bill at 1904 q l2l, |
and $4,000 first class at l2l.
The sales of francs included 25 900 com
nercial at 476A, and 10000 bank at 47242.
At the close sterling bills were quoted at
i2G83 a 1908 for bill of lading and al clear
and l2l43 a. for bank, and francs at
IN n 04.76A for private, and nominal for
bank
The offerings of domestic exchange were
# moderate extent, and the market closed |
1t al advance of about * y cent The
'ales covered $276,00O, embracing $4,000
bank sight on New York $4,000, $4,000
md $l5OO0) at Il " cent discount; $I65000
SIS, 900 and $50, 900 commercial, and $4,000
$4,000 and $4,000 private bankers') at
-l6; $5l, 900 commercial $4,000, $4,000
md SIS, 600 on New York, and $40, 900 on
Boston, at 50, and $4,000 on Providence
It 24.
The banks continued to check on New
FORK at a a % " cent discount and com
nercial sight was quoted at Z 09I6 dis
cunt.
The only sale of stocks reported was 10
hareB Of the Bank of Lafayette at $43 80.
The sales Of bonds included $4,000 gold
interest bearing seven p cents, with Janu-
~ coupons, at Sc, and 4GOO do at So.
We also notice sales Of gold bond certif-
at6s at Sc.
The only sale of warrants reported was
1900 new State at 40, at about which rate
hey are now quoted.
Tie sales Of new city appropriation GER
fcates included $1,000 at 594, and $1,000
nj $4,000 at 1884. They were quoted at E
le close at 60, and Metropolitan Police
arrants at the same.