New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-29
Monetary--Commerelal.
MONETARY rs
MON IL TAX s
OFFICg OP THB DAILY REPUBLICAN,
S4TrEpAY EvRyTys. December %. 1877. }

OFFICE OR THR DAILY REPUBLICAN,
SATURDAY EvByTys. December q. 1877.
We have no change to notice in the money
market nor any variation In rates. Inc az
rregate discounts by the banks for the
week shows very little variation from last
week, and their currency balance Is ABOUT
the same, while there is a considerable IN
crease in the deposit lines. The offerings
on the street today were of fair extent.
The transactions reported indicated no
change in rates. We have recently noticed
very little good paper done at higher
figures. We continue to quote first class
signatures at ldI& + cent y month, Al
at H, and second class at .; first class mort I,
gage paper at 10 p cent + 2nnum, AND
second class at L.
NEW oRLEASB CLEARING ROUSE
Clearngs. Balances
December 28.......s l978 558 % 80 81 ~ az
Sa ZANE tss9e y tst "eth i2895 % qG.a53
Total %eek before 1854 49O 80 l,262,38 So
Gold opened at IIl73 HIS, against III
at New York, and, after an active business,
closed at llll9 H., against IL ~, m IN taa6
market The sales summed up $4,000, in
IIIE: $4,000 at IllN: $17 900 $4,000,
$4,000, $1,000, $4,000 and $500Ql at Ill Is, and
$1,000 at ll2.
No sales of silver were reported. We
continue to quote American half-dollars
nominal at lG9 ITO, and Mexican dollars
also nominal at par ~ Y cent premium IN
gold.
The movement in sterling exchange was
of fair extent. but at irregular rates, prl-
yate declining Is p cent. and bank ruling
shade higher. The sales amounted to
88l 900, comprising fl0G0 bill Of lading at
I2OIR, 100000 bill Of lading (E5OOO and
G5OOO) at 1904, EGO, 900 do at l2O3a O l2O 3,
$500 $4,000 and $4,000 bill of lading,
and G2500 AL clear at l2l, 100000 bill OF
lading and AL clear at l2l q l2lI - tIOOO A!
clear at 12l Il, $1,000 Al clear (ElOO0 and
G6OOO) at l2lE, Gl2OO bank at III Is, tI2,oOo
private bankers at =, and 85O0 bank sight
at 1873
725 900, embracing $4,000 commercial
$4,000 and 500, 00O) at AS, and 100000 do
10000 and 50OOO) at 4.732a, $4,000 Swiss sell
ling at 4.7lA.
In German marks we noticed sale of
10000 at.
At the close sterling bills were quoted at
1905 q l21 Is for bill Of lading and Al clear,
and 1914 a III u for bank. and francs at
47J0473A for private, and 47lA tor
bank. German marks were quoted at l.Oo&
clos.
The movement in domestic exchange was
Of moderate extent, and rates were without
quotabIe variation. The sales covered
100000, embracing $l5O,OO0 sight on New
York $4,000 commercial $4,000 private
bankers, and $4,000, 100000, $4,000 and
$40 900 bank at 9-l6 U cent discount, and
$50 900 private bankers at y.
The banks continued to check on New
York at "A y cent discount, and CONNER
cial sight was still quoted at GIG.
In stocks we noticed sales at auction by
Nessrs. Nash & Hodgson, of l45. shares
Bank of America as follows: IS at $l66 Is;
40 at $l67; 20 at $l67 50, and 10 at $l68 so.
We also heard Of some sales Of Ammonia
Propelling Company, all the particulars OF
which were withheld.
The sales of bonds included $1,000 old
State SKIES lin favor of railroads. at 55 $4,000
gold bearing T. cents at 81; $1,000 do at
G21s, and $1,000 at 62a4.
There we're no sales of new State war
rants reported they are quoted at about Al
045.
The sales Of new appropriation certificates
included S2500 $4,000 and $l500} at 50;
$500 at 63l4; 5000 ($l400 and $5OOo) at
631A.
The only sale reported in Metropolitan
Police warrants was $4,000 at 81.
New city appropriation certificates and
Metropolitan Police warrants were both
veakeg at the close, and quoted at g. 81