New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-23
acknowledgements,
MONETARY.
UFTiCs OF THE DAILY REPUBLICAN,
S.uRnLY-E YEHIEG. harcn q 1873.

l. UFTiCs OF THE DAILY REPUBLICAN,
SAUKDAy EVENING. March q. 1873.
We have DO material change to notice in
the money market. The general report is,
however. that it If easier and more quiet
The shrlnkage IN the deposit lines OF the
banks, compared with last week. is only
about $3.50, 600. which is a very triting
amount compared with their aggregate of
$l4 900, 900. and presents a striking COM
rnentary on the idle gossip on the street in
the early part OF last week. The volume
Of currency shows an actual increase to d
fair amount. The discounts exhibit slight
falling of. The general result appears to
be that the cash liabilities of the banks are
diminished and their cash assets increased
We continue 20 quote first class paper,
with or witEou: cUllaterais. 90i0 z cent
y annum. Al ia. second class - a lS,
first class mortgage paper 9 q 10. and second
class y.
NEW ORLEANS c,EARINe HOUSE.
Clehrngs. Balances
March I,,,,..... : 1903 TO- Is T. 1855 4UI 81
Same time last week i8@,66l :" Is8lze y
Total last week.. i,806,28 q 500, sos SO
Total week befDre... 1882 70! q i,l6l022 49
Gold opened at Has 0ll47., against ll5ss
at New York, and after large business
closed at the opening rates in both markets,
touching l14a, at New York during the in,
term. The sales summed up sl94 coo, EN-
bracing $4,000 AZ ia GIG: 81 coo (slG.0W
and ST ,000) at ll45s: $1,000 at ll4@; $4,000
at ia 1916; $25 GOO $4,000, $4,000, $1,000 and
Sl2.0OO) at Ili78; $4,000 az ll43s q ll!7S:
$4,000 at ll47s Oils. and 5000 at 10;
No sales of silver were report ted we
continue to quote American half dollars
nominal at 40 Gill, and Mexican dollars
2A y cent premium. gold. Tor new and .
for old.
The movement n sterling exchange was
| moderate, and rates were without ouotable
variation from Yesterdays figures. The
sales amounted 70 ga, 100, comprising
$1,000 and e2G0o bill lading and el50O Al
clear at 1854; El000 Al clear at l53 3
el2.OOO and $4,000 bill OF iading at l23 a
l23k 5000 Al clear at 1899; tSOO0 bill
of ladng and Al clear at l23as a l2d14
$4,000 private bankers and bank At -;
c240O bank for remittance at l243l. and
El200 do at l0834.
No sales Of francs we're reported.
At the close sterling bills were quoted at
| l23h q 1885, for bill OF lading and Al clear,
| and l24l4 0l24L2 tor bank; and francs at
4 e. 04.6334 for private, and bank nominal
at 60, and German marks at lOo ~ iuo1A.
The offerings of domestic exchange were
| of fair extent Commercial sight was with
out Cuotabe variation. but the banks
checked On New York at the close at about
Is T. cent lower. The sales covered S29l .OUu
embracing $4,000, $4,000 and S75,0O0 pr
yate bankers sight on New York, SIT, OOU
private bankers and bank, and $4,000.
SIS, OUO. so 900, SIS, GOO, $4,000 and $4,000
bank at 4 T. cert discount, and $l5,O0o
commercial at 10
The banks checked or New York at par
and commercial sigh. was stln Quoted a! i
y cent discount.
There was more movement in bank STOCKS
to-day. The sales included shares Ores
cent City Railroad Company at So;
Cresce Mt City Insurance Company at SIS;
Is State National Bank dt SOB; New Or
leans City Railroad Company at $l75, and
) Mutual National Bank at -. Also, az
auction. by MessTs. Nash d Rodgson, "a
shares New Orleans National Banking As
ISOLATION at SIC, 81 do at S3l; Louisiana
Jockey Club at $45; Re Union National Bank
at So, and 10 do al $50 %.
The only sales reported in bonds were
$1,000 city gold bearing seven per cents at
6O42 and resale Of the same at Goa. At
the close they were d shade higher. and
quoted at 81 a.
No sales Of Metropolitan Police warrants
were reported. !he! were still quoted
at s..
The only sale reported IL city appropria-
ton certificates was $500 at g. They were
quoted at 6S a g.
We noticed quite an active movement
in legislative warrants. bu. the only
sales reported were 5000 of act No. so at
20, ard $4,000 do at y. and $1,000 OF acts
Nos "A aud SO at -, and $4,000 do at II. At
the close. act No. 30 warrants were quoted
at are. and acts Nos. ~ and Is at
about &c.