New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-16

MONETARY.
cFyto. o7 THB DAILY EEPuBLIc.s.

IH\JN T. AAs4s
nFytoT OF THB DAILY REPuBLIcs.,
SATURDAY EVENING. March 70. 1878.
The failures reported to-day and the va
riou. unfavorable rumors circulated win
regsrd 10 the Crescent City National Bank
LAST cloud on the market, exciting general
distrust and vague apprehensions OF further
/ disasters. III which we feel confident there
- no foundation. Nothing transplred, how
ever. TO REQUIRE any change IN our quota
lions. The demand for discounts at the
banks continued of fair extent, ana the OF
erlngs on the street we're limited. eohn-
pared TO last week the currency balances
and discount lines Of the banks represented
in the clearing exhibited no material Varia-
ton, but the deposits showed conaldera oie
falling of. We continue to quote first class
paper, with or without coiiateTals' q ~
= cent q annurn, Al l. u. second clafs
-0IS. hrst class mortgage paper '@IV'
and second class ~
NEW ORIEAHs CLEARING HOUSE.
C ass EH1s sa Ia1 C: p
Same time last wee.. Zbut,3jI ~ Zio'ZIC ~ ~
Total last week.. i2,9H,18l 81 !I6l,U7- ~
Total week before. I4,l45,2l0 - i@s,0l' I"
Gold opened az ilil2 0ll434. against llt7s
A. New York, and after large btsl-
esq clo7ed at the opening rates against
l15 at New York. The sales summed up
$4,000 embracing $1,000 tS3OOO and s4Oo"l
at HAS; SIS. 0G0 $4,000 and $50, OOOj az
.I4I2. sGi ,O0O ,S50C0. $4,000 and SbO,OOOl
at las. and $4,000 $4,000. $4,000 and
sSOO0I at ll434.
No sales OF silver were repol ted. Amen
can half dollars are quoted nominal al llc
0llI. and Mexican dollars at "a = cent
premium. gold. for new and 234 for old.
The movements in sterling exchange was
of limited extent. and the market closed AT
l.
amounted to G42.0UO. comprising .33OU bill
OF lading at l237s, $500 do at l22@4 q l25'
800 900 do at I227s a 1924, 10000 do at l234
aI23as, and t50C0 AL clear at 1882.
The sales of francs comprised 540.OoC,
embracing $50, 00G commercial at 4b6A 400,
40 600 do at 464ae, and 100000 do at 405s4.
The only sale reported in German marks
was ,000 at l0Sts.
The offerings of domestic exchange we're
of moderate extent, and rates We're l-.o Y
cent higher al the close than yesterday.
The sales covered $245, 900, embracing So
600 1875 600 commercial sight on New
York, $4,000 private bankers, and Sl0,t0O
and SIS. 600 bank at q T. cent premium
$4,000 CONNER cial at "a 1882: s22,tOc,
S3O, 900 and $4,000 bank at 49,. ana S4V,-
600 private bankers at 5-lb.
The banks checked on New York at 8 y
cent premium, and commercial sight was
quoted at a a. Sic.
In gold checks on New York we noticed
8 lie of $50, 900 at p s. T. cent premium.
There was but little movement IN stocks,
and the only sales reported were 100 shares
Lo lisiar all wee. preferred. at s. 3! 12;-l on
islana National Bank at $ll3. and 10 Ma
tual National Bank at -.
The only sale reported in bonds was at
auction, by Messrs. Vincent q Co. s5ooO
CITY gold bearing = cents at 62l3.
metropolitan Police warrants were quoted
at the clt Sc at 50 a Sic. The sales inc!u( ed
$1,000 and $1,000 at S3A; $1,000 at $!lg
$1,000 at 81, and $500 at S54.
No sales of city appropriation certificates
were reported. They were quoted "a: L. q
6S.
The sales of Old State warrants included
5000 at 3Jl2.
Legislative warrants opened at .: aoe
but closed at about "a. The sales included
$1,000 at 63lt $4,000 at e., $4,000 and $4,000
az 65, $4,000 at IL. $1,000 at is. and $i2U0 "a
severa! amounts at u. 68 and IS.