New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-01
MonetaFy--Commerelal.
MONETARY.

OFFICE or THE DAILY EEPCBLICAE,
El.-apAg RTEFTEa. EGgenber %. 1877.

, OFFICE OF The DAILY hEPJBllCAS,
SATURDAY EVENING" November %. 1872.
We have no further Improvement so no
tice in the money market, nor any variation
in rates The demand for currency to reIni
to the country has been a nttlS stronger
than last week, but the effect was counter
| balanced by slight improvement in tnt
| deposit lines and a more moderate applic8
| ton for discounts. The offerings On the
| street were of faiF eXtent, and the re
| ported transactions we're st the subjoined
rates. We continue to quote first class paper
| at IL p cent p annum; Al ats, second
| grade at 49, frat GLASS mortgage OF 10, and
| second do at IL.
NEW ORLEANS CLEARING HOUSE,.
November 30,.,.....,.... 81 840Ot8 81 sl82 8s5 Is
Same time last week. l.74I 7G8 q 30, 100 IS
| Total laat week........ ii T3T 1854 G 1857 s23 3
TOTAL week before. lTt86s7 . I.l53884 q
Gold opened at 1928 8II3B, against
| 1I24s at New York, and, after fair bu-
| siness, closed at ll30ll3A, against 1929
| in that market, The sales summed up
! $4,000, including $4,000 at ll3; $50, 900
| $4,000, $1,000 and $25,000) at ll3A: so, 900
AZ 1873 8lI3A. and $4,000 $4,000, $1,000,
| $1,000, $4,000 and $4,000 at ll3A.
No sales Of silver were reported. We
continue to quote American half dollars
| nominal at 1889 Ito, and Mexican dollars
par to 2l4 p cent premium in gold.
The movements in sterling exchange was
active, and the market closed at decline
of u U cent In private bills, with no varia-
ten in bank. The sales amounted to ELL.
100, comprising El9.590 bill of lading
(El5O8, s20O0 and $4,000 direet) at 1904;
1905; Gl000 Al clear at 1909; $4,000
bill of lading at 1903 q l2l; Els, 500 AL clear
tE250O and ELS 000l at l2l; E<3509 do (El000
and E2500l at I2lA; Gl600 private bankers
at 1914; 32500 bank at l22, and El00Q do
at l22A
Francs also were quite active, the sales
comprising 100000, embracing 80. 600
commercial 100000 and 100000 at 4.77+2;
1000 do at 476A; 10000 do on Paris at
ATS; 10000 frat class, also OF Paris, ct
47218, and $40, 0G0 commercial 900 Que, 400
900 and 70, 000l at -.
At the close sterling bills were quoted at
1905 0l2lA for bill Of lading and A clear,
and I2l& 8I22 for bank, and francs at4.77bs
94.76A for private and nominal for bank.
The offerings Of domestic exchange were
of liberal extent, and the market Was With
out quotsble variation. The sales covered
$338, 900, embracing $4,000 bank sgh4 on
Network $50 900, 100000 and 100000 at
516 y cent discount, $l25, 900 f$25 700,
$50 900, and $50, 600 commercial and $4,000
bank, at 1872, $l45, 600 ($2500G, so, 900 and
$40, 0D0 commercial and $4,000 hank
with grace at y, ana $1,000 Without grace
at 7-l6l.
The banks continued to check On Nav
York at u y cent discount, and eomnercial
sight was quoted at i6 a . discount.
There were some sales Of bonds reported,
but the particulars we're withheld. /
In gold bond certifcates We noticed sales 7
of $4,000 at 594, aud 5000 az e0A in both |
cases recent dates.
The salcs nf nryy State warrarta ircluded |
500 at Al, $I509 at Ala, and $1,000 1880,
S 1900 and $4,000 at 421a.
= No sales of metropolitan Police warrants !
were reported. At the close they we're |
quoted nominal at SIS.
New city appropriation certificates were
weaker, and quoted 1T G442 a, 81. The sales
included 5000 (Sl0G0 and $4,000 st 64A,
aud $500 (9l5G0 and $l6o0l at 64A. The
market is bare Of old.
At the meeting Of the Board or Brokers
no sales we're fected. The askings and
the bids were as follows: