New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-09-29
onetary--Commereial.
MONETARY.
OFFICE OF THK DAILY REPUBLICAN, !
SATURDAY EyRNIMG. Sentemher % I812.

MONETARY.
OFFICE OF THB DAILY REPUBLICAN, !
SATURDAY EVENING, September 3D. 1872.
There was not much activity in the money
| market, and a better tone was observable,
| which was strengthened by an increase Of
| 100000 in currency and slight enlarge
| ment Of deposits, reported in the weekly
statement of the Clearing House The de-
mand for discounts at the banks and on the
| street continued strong, but was not as
| pressing as it has been, and in the former
| the offerings were as freely accepted as their
clrcumscribed limits permitted, while on
the latter there was not as much change to
notice, and no transactions of sufficient
magnitude to affect our quotations, which
we continue as follows: First-class paper
at solo p cent y annum, Al at 10, less
desirable Names not second grade, at
II, and second grade at l20l5, first class
mortgage paper at 912 0I0, good to second
grade do at ll012.
NEW ORLEANS CLEARING HOUSE.
September 28........,..... $94954f 3 $l53,979 %
Same time last week.. G68 ,425 d s.B9 AS 40
Total last woek........... 6,49l275 SO 839 1856 40
Total week before ....,... 6,I28,84 50 1855 O5
Gold opened at 1879 0II418, against 1888
at New York and, after an active business,
closed at the opening rates il both mar
kets During the interim it touched 1874
mere, against LOS III new 1ofk' ne sales
amounted to $l09,O0O,. including $1,000 at
l1334, $2l 900 $4,000, $500, $250O, $4,000,
$4,000 and 100000 ae' 1879, $4,000 $4,000,
$2O0O $2500, $3000 $4,000, $4,000, $1,000 and
$I0,000t at ia; $37, 900 $500, $4,000, $50OO
$780, 10000 and $I0,000l at JI4lB; $1,000
at ll4R4, and SIS, 900 at ..
%here were no sales ofsilver reported. but
we noticed shipment Of $4,000 in American
half dollars TO Galveston. The market
poyU 1uO+ad of n hYnarinap
half dollars, and Pas t' cent premium,
gold for Mexican dollars.
The movement in sterling exchange was
of no decided extent, and though at one
time of the day it had tendency TO weaker
rates, yet it closed the same as yesterday.
The movement covered E27 500, embracing
GI3000 bill of lading $4,000, E3000 E4000
and $4,000 at 1902; $1,000 AL clear at I2l;
G2500 at 1918; $4,000 AL clear at 1918; |
$1,000 bank at l22, and $4,000 bank sight on |
at 1924.
The operations in francs included $50, 900; t
$4,000 and $4,000 commercial at 47834
At the close sterling bills were quoted at
1904 a III "a for bill of lading and AL clear, |
and I22 for bank and francs at 4.8O0
ASA for private, and nominal for bank
Domestic exchange closed frmer. The |
sales comprised $2l0,O00, embracing $4,000
commercial sight on New York at % % cent
1000 do t$l5,00O and $4O,O0O) at
5-l6;, $4,000 bank $4,000 and $l0,G00) at
"a; $85,000 do 1925, 900 and $6O,000) at 316;
$4,000 do $4,000 and $40 ,O0O) at 5-32, and
10000 sixty days sight at "a " cent dis.
count.
The banks checked on New York ae Is y
cent discount, and commercial sight is
quoted at u 03-16 discount
The only sale reported in stocks was 100
'hares Louisiana Levee, preferred, at 81 50.
Nothing was reported in bonds.
The only sale reported in warrants was
$500 new State at Al.
City appropriation certificates opened at
2 063, and closed unsettled. The sales in.
luded $1,000 at 60, $1,000 at Gl13, $1,000 at
Ia $4,000 at g. $4,000 at 6219. $4,000 at 63}4,
nd $500 at 63.