New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-17
1zonetary~-COmmerGIai.
MONETARY.
OFFICE or THR DAILY RYPTBLICAN, !
SATURDAY BvEEIEe, E&yeSnbeg 10, 1872.

MJR Il lazy
OFP5GE or THR DAILY RqPTBLICAE,
SATURDAY EvREIEe, Nsgegnbew 10. 1872.
The better feeling we noticed in the
money market yesterday continued to-day,
and the volume of currency and the amount
of deposits at the banks show moderate
increase when compared with last week,
but the demand for currency to remit to
the country continued very strong. The
offerings, both in bank and on the street,
we're of liberal extent, and %ere met
more freely, but the rates on the latter
were without Guatable variation. We
continue to quote tirst-eiass paper at II q
cent 2 annum; AL at 10, second grade at
Is; frst-class mortgages at 10, and second
do at 70. The most Of the cOmmerclai
paper negotiated c~ntinaes ia be at ~ ~
and 80 days.
Among to-day's transactions %e noticed
$4,000 sixty days commercial paper, with
city seven per cent improvement bonds as
coliaterals, at l II y cent + month.
ERw ORLEANS CLEARING HOUSE.
rovesaber IS. 81. o85 aa5 80 a2Ii,e2 s.
Same time last week.. I,609 379 % I76, l76 10
Total last week........ 10 749 Ss7 % i,349,465 81
Total week before 1884 NJ So l2OO269 81
Gold opened atIl34s 0Il3Rs, against 1875
at New York, and, after quite limited bust
markets. The sales summed up $4,000,
including $4,000 at 1879; $1,000 at 1874;
$4,000 $4,000, $1,000, $1,000 and $l0,0O0l
at 1879, and $4,000 $4,000, $1,000, $4,000
and $4,000 at H.
The only sale reported la silver was q
small amount of $500 in American half dol.
lars at Il01h. The market il still quoted
nominal at 100 a ITO for American half dol
lars, and at gas per cent premium in gold
for Mexican dollars.
The movement in sterling exchange was
OF fair extent, and rates advanced lB a II
W cent for bank. The sales amounted to
E43 900, comprising $500 bill of lading
(E15O0 and G50O0) at l2I Is, 6l500 AL clear
at l2l III, $4,000 bill of lading at l2l u q l21 g,
$500 do $4,000 and E4500l at 1918, 84500
AL clear at l2l 3 a 1911 $4,000 AL clear at
1919, $1,000 bill Of lad1ng and AL clear at
1919 1l2l3s Gl2G0 American ships bill at
1918, and $500 bank at 1924 0lZ23e.
The sales of francs included 1000 com
mercial at 4.76A and 100000 10000 first
cl8ss and 100 900 bankl at 4.75.
This sales of German marks included co.
900 at -
At the close sterling bills were quoted at
12l OBI y for bill Of lading and Al clear,
and 1924 O. for bank, and francs at 4.77l3
0476A for private, and nominal for bank.
Domestic exchange advanced Ii " cent.
L no OueTlu&S were uiOE6 uU6E6IJ anu Inc
sales covered 1851 900, embracing $4,000
sight on New York $4,000 private bank
ers' and SIS, 900, $2O,OoO $40 900 and $4,000
bank at y p cent discount; $4,000 bank
at 1882; $500 $4,000 commercial and
$4,000 bank at7I6; SIS 00O do at n, $4,000
on Boston at Is, and $4,000 $4,000 and
SIC, 600 on Providencej at z.
The banks checked on New York at Il y
cent discount, and commercial sight WAS
quoted at %
The sales of stocks included IS shares
New Orleans National Banking Association
1T 49, IS; 30, resale Of the above, at $33, |
and 6 Union National Bank at $97, The |
quotations for Factors and Traders In !
,urance Company in our last report should |
lave been $8G d87, instead Of $83 085. |
Nothing was reported in bonds
The only sale Of warrants reported was
$4,000 new State at 4445c.
City appropriation certificates were
luoted at the close as 641s q 65l4c. Tie |
ales included $500 tSI50O and S3000j at
sc, $1,000 at 65lsc, and 5000 at 6513c.