New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-08
Commercial.
MONETAR Z j..
OFFICE OF THE DAILY REPUBLICAN,, /
SATURDAY EVENING. Decemb Der I. 1872,

LIE - - - - 80 ="
OFFICE OF THE DAILY REPUBLICAN,
SATURDAY EVENING. December 7, 1872 }
The probable receipts of considerable
amounts Of currency this evening and early
on Monday has produced a shade of better
feeling in the money market but the i'm
provement is SO slight that it has hardly
produced any apparent effect. The de-
mand for currency and discounts continues
strong, and although the deposits are about
equal to last week, the supply OF currency,
compared with last week, shows falling
of about 100000. The offerings on the
street are of moderate extent, and though
there is a tendency TO sitter rates, the de
mand is pretty freely met at the suhjoined
figures. We continue to quote the street
rates of first class paper at II II cent y
annufn; Al at Is; second grade at Is; first
class mortgage at 10, and second do at II.
FEW ORLEANS CLEARING HOUSE.
Clearngs; Bal Balan &c IS
December 7............-. 81 o68,581 06 SZl6640 Y
Same time last week .... $40 0lb 81 l9Z 800 -
Total last week .......... 1873 2l9 "a 131+5Zz ~
Total week before ..... ll737 834 II l267,t23 SO
Gold opened at ll3 0Il34, against ll3
at New York, and. after a moderate bust
ness, closed at us 0ll3ls against 1875 in
that market. The sales summed up 5 81
GEO, including 81 800 $500, $1,000 $1,000
and Si0,000) at ll3, SO, coo at ll3@ lib Is,
ST. 500 (S50j9. $500 $1,000 and $60,O00) at
1875, and $500 l$2500, $1,000 and $4,000 at
iI34
No sales of silver were reported. The
market is now quoted at lI00lIl for Amer
ican halt-dolIars, and par Q3l2 y cent pre-
MUM for Mexican dollars.
| The movement IN sterling exchange was
| Of fair extent, and, under the influence Of
the Improvement Of gold III New York, and
an advance in domestic exchange, the mar
| ket closed Il f. cent higher. The sales
| amounted TO about E97 900, comprising
'el8O0 clear at i20l3, $1,000 do at l2G3s,
| 10000 bill Of lading $4,000 and e5000) at
| .4033, 81 900 do at l205s 0l2l, $1,000 Al
clear at I2l a l2E Ii, I'll 500 (fl2,0O0 bill Of
| lading and G200J and f3500 Al clean at
l2lls, $500 Al clear $4,000, f2500 and
| Et006) at l2lA. 100000 bill of lading at
| III q 1871 b. and $4,000 bank at 1919.
! The sales OF francs included 10000 com
rnercial at AS, 200, 000 do 10000, 30 900 and
| 100000 at =, $4,000 private bankers at
| 47324, and 10000 sight al 65,
| In German marks We noticed sale Of
! 22J, 600 at -.
At the close sterling bills were quoted at
| l20a4 a I2l "a for bill Of ladipg and Al clear,
and bank at 1914 O., and francs at4.'bA
0475 for private and nominal tcr bank.
Domestic exchange opened with shade
better feeling, and commercial sight on New
York closed at 4B y cent advance. The offer
| ings were liberal and the sales were $3l5,00O,
embracing $1,000 sight on New York $50
600 private bankers and $3o,00 bank at
| ss q cent discount, $4,000 $4,000 com
mercial and $4,000 bank at ll-I6, $l4o,-
900 ($25, 600 commercial $4,000 private
bankers and $4,000, $4,000 and so :
600 bank at %, $50, 600 on Boston (Sl6,000
and $40, 000) at Is, and $4,000 on ProPi-
dence at /.
The banks checked on New York at u
a * y cent discount, and commercial sight
was quoted at Is discount.
The only sales reported in stocks was ten
shares of Hibernia Bank at $l2O, and ad-
vance of s. per share.
Nothing was reported in bonds.
The sales of warrants included $1,000 new
State at 40a4, and $1,000 at y; they were
quoted at the close at 40 Al.
The sales Of new city appropriation GER
tifcates Comprised $4,000 $1,000 and $1,000
at %, and $1,000 at tla4; they closed at 60
Gi.