New Orleans Republican., 1873-03-25
Monetary--Commercial.
MONETARY.
OYPIOB OF THB DAILY REPUBLICAN,, !
MnSnAY ErzHrHG March a 1913.

oYPIOg OF THB DAILY REPUBLICAN,
MONDAY EVENING. March "A. 1873.
The money market was quiet to-day, with
increased indications OF a better feeling.
The demand for discounts at the banks,
however. continued of liberal extent, but
the offerings on the street were moderate
The reported transactions on the latter
were at previous figures. We continue TO
quote first class paper. with or without col
Iaterals, 9 10 p cent y annum. AL ia
second class a Is, first class mortgage
paper 90I0. and second class II.
NEW ORLEANS CLEARING HOUSE.
Clearlngs Balances
March 22.............. ST. ,303l62 10 5l35 70; ~
March 24............ 1398,lz6 10 3bo2o1 -
Thus far this week. s3,7Ol ,288 30 st456l9 !,
Same time last week 4,O0.S % @ 81 3S 5Sl ~ ~
Total last week.. Il 8052 u 5S1 5Sg'33 9}1 az y,
Total week before. lI90@, '8l 81 I'IoI"-| -
| Gold opened at Il45s a lIiB. against ll3'5
at New York, and after an active business
closed at I1412 0ll43a IA decline OF isc
from Saturdays closing figuresJ. against
ll512 in that market where it fell to lla4
at4P. NJ. The sales summed up Sl2l ,OVV,
embracing $1,000 at ll4l2; $l4,7O0 is4oOO.
| 1920 and $6j00) at li45s 500 at l!4os
ll424; $l4,5OO (S250O, $4,000 and S93OOJ
at ll4A; $4,000 at ll4as a HAS: slO0o az
ll478, and 900 at ll476 a ll5.
The sales of silver comprised 5000 and
$1,000 in American half dollars at Ill; SiooO
do at II!12, and $4,000 Mexican dollars,
new and old, in several amounts, at our
quotations. We continue to quote American
half dollars nominal at 100 Ill, and Mex
lean dollars 81. y cent premium. gold. tor
new and 5 tor old
The movement in sterling exchange was
of fair extent, and rates were without any
ouotable variation from Saturdays figures.
The sales amounted to fl07,3 300. comprising
f30OO bill of lading at -: t51OO DO at
I23A: fl800 and f3500 do at 1885 a l23's;
go. 900 do at 1884 a 1912; $4,000 do at
l2312; EDO 900 do at 1888 1928; t40OO and
Els 900 do at l2319 l235s; $4,000 do at
1885; $4,000 bank and private bankers
at =: G2500 bank at l2il4. and tl00O do at
1884. gold.
running up 100000 and comprising o,OOO
commercial at -, l,025, 900 do (5OO,OOO and
525,00O) at 4.65 4.6324, and 45O,0Oo do
10000 and 40O,000) at 4.633..
At the close sterling bills were quoted
at l231s a 1885 for bill of lading and Al
clear, and 244 a l2419 for bank francs at
4.65 1884 for private. and 46l q 4o0 Tor
bank, and German marks at f.OS1s a l.OSA'
The offerings of domestic exchange were
of moderate extent, and rates were without
Guotable variation. The sales covered
S2O5, 900, embracing 100000 bank sight on
New York at ls y cent discount, $l6O,OOO
$4,000 and $4,000 commercial, S2O,OOO
private bankers and 100000 private bank
ers' and b tnk) at u. and $4,000 on Provl-
dence and $4,000 on Boston at 50.
The banks continued to check on New
York at par and commercial sight was still
quoted at "a T. cent discount.
We noticed but little movement in bank
or insurance stocks
There was a good inquiry for railroad
shares The sales included 100 shares
Louisiana Levee, ordinary, at 81 %; $50 do,
preferred, with dividend. at s. Is; Is Cres-
cent Mutual Insurance Company at S18; =
Sun Mutual Insurance Company at SS2 80:
20 Mutual National Bank at =, and % do
at Sll4.
There was again quite an active move
ment in legislative warrants, but the only
sales reported were $500 of act No. 30 at
69; $lS,000 in several amounts, at 7S, 80
and S212 and $4,000 at 8212. At the close
act No. so warrants were quoted at a b9.
and acts Nos. "a and 3S about 80 a S219.
The sales of bonds included $4,000 city
gold bearing seven per cents at 6l, $4,000 do
at 6l4, $4,000 at II, and $4,000 at 6ls4.
They were reported to be much sitter than
on Saturday.
The only sale reported in Metropolitan
Police warrants was $500 at 1894. They
were quoted at the close 80 a 80.
Nothing was reported in city apprOpria-
ton certificates. which were quoted at
g. a 6S.
School certificates were apparently with
out any movement.
The sales of old State warrants included
$40, 900 at 81 ", and $1,000 at 50. They are
now quoted at about 81.