New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-13
Monetary Commercial,
MONETARY
OFFICE OF TIKI DAILY REPUBLICAN. ,

TUESDAY EVENING November u, L872
The receipts Of currency yesterday and
to-davappears to have afforded little or no
relief to The stringency OF the money mar
ket. the demand being almost equal to the
receipts The offerings, both in bank and
on the street were Of liberal extent, but
the sales on the latter showed no GQotable
variations. Nothing has transpired to indi-
cate that the Boston fire has had any Sc
riOus influence on the market, ana the pre-
sumption is that as soon as the continued
flow Of currency to the country ceases and
the retiux commences we shall realize
the anticipated relaxation. We continue
TO quote trst-cla6s paper at II + cent
T. annum: Al az Is, second grade at
Is; frstClass mortgages at 10, and second
do at II. The most Of the commercial paper
negotiated continues 70 be a! 80. 50 and 80
DAYS.
EEw ORLEANS CLEARING HOUSE.
G 2es al3. Balances Bal nc ::
E S9ysmbtF 545 5555 = 81 a. g g
Thus far this week IS 49,, 1872 70 S73749 81
Same time ast week..... 5326,l40 "a 589445 =
Total last week......... 10,149.387 03 l249iG5 81
TOTAL week before. 1884, 1O& SO !2o0265 81
Gold opened at 1875 q H. against 1925
at New York, and after moderate bust
ness closed at 1895 a Has ian y advance
on the outside rate over yesterday tigures),
against the opening rate in that market,
where it touched during the interim 1874
The sales summed up $40, 800, including
$1,000 at 1885, $500 f$2500 and $4,000 at
1875, $4,000 at 1877 4 ia, $4,000 (SlUoO,
$1,000 and $4,000 at III, $4,000 at HAS, and
$4,000 at ll4la
The movement IL sterling exchange was
OF fair extent. and rates for private bills
advanced Il = cent. The sales amounted
to G5l 300 comprising $1,000 ~ clear at
1908, $4,000 40 at 1903 q l2l, GIL 800
Al clear $1,000 bill of lading and $4,000 and
G3500i at III. $500 do at 12l $40, E1Svh DO
$4,000, $500. 5000 and $4,000 at III
and El8, 800 do tGl500 $500. $4,000, &;'11o
and so, 000) at l2I II.
The sales of francs comprised 10000 EN-
bracing 100000 AZ $7S3a q til y, 211.o
$4,000, $4,000 and I00,000) At al h, 10000
first class at 4..6l4, and 10000 do at 40.
This makes an aggregate toE the past two
days Of fully 100000
900 at -.
At the close sterling bills were quoted at
1909 a I2I 7s for bill Of Iading and al clear
and a I12 for bank, and francs at
4.783a q d..1 70 toc private, and nominal Cor
bank.
Domestic exchange was without quota
bic variation in rates, and the offerings We're
less liberal II he sales covered S@V0,0VV,
embracing Ei55000 commercial sight on
New York $4,000 and $4,000 commercial,
$4,000 commercial and bank, $4,000 pri-
vate bankers, and $50, 900 and $35 600 bank
at p y cent discount; 0o0 bank at 27-32,
and Is, GOO do at q.
The banks checked on New York at %
Z cent discount and commercial sight ruled
at "a a q.
In stocks We noticed sales Of 80 shares of
Factors and Traders Insurance Company at
SOL 80; ~ New Orleans Mutual Insurance
Association at =; 10 Mutual National Bank
at -, and 90 New Orleans City Railroad
Company at =.
Nothing was reported in bonds or war
rants.
City appropriation certificates were quoted
at GA q IS at the close. The sales included
$1,000 at 81; $1,000 at 64l4; $1,000 at g.; $lt00
at coz, and $1,000 at 6512,