New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-01-07
Monetary--CommercIal.
MONETARY
oYYlCg OF THE DAILY REPUBLICAN,
MoypAY EVENING. January 8, 1873.

MONETARY
oyytry OF THE DAILY REPUBLICAN,
MospAY EVENING. January 8, 1873.
Owing in great degree to the interruP
tion caused by the political events OF the
dav. very little was done in the money mar
ket. The demand at the banks for dis
counts was less pressing. There was, at
the same time, a better feeling apparent on
the street, and though there were but few
transactions reported, the tendency appear
ed to be towards easier rates. For the
present, however, we continue to quote first
class signatures at l9lA y cent y month,
AL at III, second class at .; first class mort
rage paper at 10 y cent y annnm, and
second class at II.
NEW ORLEANS CLEARING HOUSE.
1esr,ngs Balances Bal no q
j ianns[ 1853 ii4s siO 50 %
Thus far this week.. $3.50, oas IS $50 sos 50
Same time last week 5s Sis 90 30 20 5 5e o. g;
Tos , EseE before. 1855 g o:5S55 %
The following elections took place to-day:
For directors of the New Orleans Gas Com
pany-Messrs. j. G. Langham, James Jack
son. Philip Smms. William I. Hepp,
Charles Macready and 3. Biscoe. The last
is the only new namo on the list. For d.
rectors of the New Orleans and Carrollton
Railroad Company-General q. 1. Beaure-
gard and Messrs. Alexander Bonneval,
George Jonas, Carl Knhn, Joseph Herman
deg, Ii. A. Lessassier, I. d. Miller and Paul
Fourchy: and for directors of the Caronde-
let Street and Carrollton City Railroad
Company, Messrs. Edmond Burthe, n. Com
mandeur. J. S. Clark, K. Fulton, w. 4.
Fish, p. NJ. Baker and j. s. Pargoud.
AS the telegraph wires were down around
New York, no dispatches were received
from that market Hntii late IN the day.
Gold opened at Ills alllA, with no dis
matches from New York, and after mode
rate business closed at Ill y dl1l4s, against
llIS in that market, the first dispatch from
which was at lllAs.
The sales summed up $4,000, includ-
ing $4,000 at lllh, s50,Wo at IFS
1lls. and $4,000 at lili..
No sales of silver were reported. Quo
tations are entirely nominal.
The movement in sterling exchange was
limited, and private bills closed Il = cent
higher The sales comprised about f2,-
900, embracing f2SO0 (fl300 bill Of lading
and E1500 AL clearl at 1909, t9oO0 bill OF
lading at I2O34 q 1903, $4,000 AL clear at
1909, $4,000 private bankers at l21k and
flOOO bank sight at 1923.
No sales of francs or German marks were
reported.
At the close, sterling bills were quote d
at TUBS a III Tor Dill OF iaulng duu al
clear, and a 1919 for bank; francs at
476A 9475 for private, and AVN for
bank, and German marks 1852 q 100.
The offerings of domestic exchange were
of moderate extent, and rates were without
auotable variation. The sales covered about
500, 900, embracing $4,000 private bank
ers' sight on New York at 1882 y cent dis
count, Sc, coo commercial, S25 o0O CONNER,
cial and bank, $4,000 private bankers, and
5000 bank at s., and $l24,000 CONNER
cial $4,000 on New York, and $4,000 on
Boston} at Il.
The banks continued to check on New
York at "A a y y cent discount, and com
mercial sight was still quoted at ..
No sales of stocks were reported.
In bonds we noticed a sale of $4,000 city
seven y cent gold bearing at =.
The sales of gold bond certificates IN
cluded $4,000 at $50, $4,000 at %, and 5000
at 66N, all ithcut interest.
State securities continued without move
ment.
City securities were quiet and rates
weaker, particularly for new city appro-
priatiun certificates, which were quoted at
the close at 81 a g.