New Orleans Republican., 1873-03-11
Monetary--Commercial.
MONETARY.
M OIN e I x11s Z
OFFICE OF THB DAILY REPUBLICAN,
MnNpAI EvKNIHG. March 10, l6l3.

MIN
OFFICE OF THB DAILY REPUBLICAN
MoSpAI EVENING. March 10, 1873
We notice some further improvement in
the money market. The offerings both III
hank and on the street are light, and the
reported transactions in the latter require
modification of our quotations as follows:
First class paper, with or without coliat-
erals, 9dl0 2 cent y annum, Al ia,
second class ais, first class mortgage
paper 9 90I0, and second class l..
NEW ORLEANS CLEARING HOUSE.
Cesrngss BALANCES ala sss %
March s...... 606 S3l M 50 $2is2Sg 5ns Ss1sse 70
Thus far this week. 44,825, ,735 So *42sos5 4
Same time last week 43l0422 45 3i,593 60
Total last week.. 4,145,2l0 - ,G56,6i5 SO
Total week before. IO.8l6,456 q 98l,OlS ~
Gold opened at lI47s 0lI5lS, against ll511
at New York, and after moderate busl-
ness. closed at ll434 oils, decline OF Ac
from Saturdays figures. against Il14 N
that market The sales amounted to so9,;
900: comprising $1,000 ($l5o0, $500 and
,00Ol at las; $50. .OG0 at I147s a ll5; 1000
$4,000, $4,000 and $1,000 at ll5, and $1,000
at ll518.
No sales OF silver were repoI ted. amer
can half dollars are quoted nominal at lIO
aIlI. and Mexican dollars at Ia T. cent
premium, gold. for new and ga Tor Old.
The movement in sterling exchange was
of limited extent, and under the course OF
gold at New York rates we're u oslo u cent
| lower than on Saturday. The sales summed
I'D f39 500. embracing fl7O0 British ships
| hill at l23is: fl500 bill of ladiDg and GlO0O
AL clear at 1885; $4,000 AL clear at l2J12 q
| I235s: eIO00do at 1885; e6500 bill of lading
| and el0O and el500 Al clear at l2334; $4,000
private bankers at l24; $4,000 Al clear,
$1,000 American ships bill. and $1,000 pri-
+frG+ al car
| l24 Ql24ls; e3000 bank at lO8sB gold, and
el500 and el500 do at 1852 do.
The sales OF francs included $4,000 com
mercial at 4.6lls, 90 ,0G0 on Paris at AGO, and
900 private bankers and bank at -.
At the close sterling bills were quoted at
1885 1884 for bill OF lading and AL clear,
and l243B 0l2458 for bank; francs nominal
at 4.6212 ior private, and AGO for bank, and
German marks at l0SA a..
The offerings of domestic exchange we're
of moderate extent, and the market closed
a shade higher for commercial bills: The
sales covered 5000, ,000 embracing SSo,O0Q,
sight on New York ($25000 and $50, CO
commercial and $4,000 private bankersJ
at Is y cent premium, $40, 600 bank $40, 600
and $20,000) at 5-32, and s75,0OO (S2O,0
S25, 900 and S30000I at 3-l6. The banks
continue to check on New York at "A y cent
premium, but commercial sight was quoted
at 1s 03-16.
In stocks we noticed sales of 200, 200 and
300 shares Of Louisiana levee, preferred, at
81, 100 and 425 do at 81 l2l9, 100 ordinary
at 81 121e, and Is Orleans National Banking
Association at $3l. At the close s. % was
offered for preferred. o
The sales Of bonds included $4,000 city
gold bearing seven per cents at 81; $4,000 do
at 641a, and $2500 city ten per cent at Sil2.
There were no sales worthy of note re-
ported in Metropolitan Police warrants,
city appropriation school certificates, or
Legislative warrants, nor any change IN
ru0tations