New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-30
Monetary--Commerclai.
MONETARY.
OFFICE or TEB DAILY REpUBLrCAE

II OFFICE OF TEB DAILY REPUBLrCAS. !
SATURDAY BvHHIHG March %. 1879. !!
We noticed less demand for money to-
day, particularly on the street, but the
offerings at most of the banks continued OF
liberal extent. The Clearing House returns
for the week, show an increase of about
$500, 900 in the volume of currency, and a
like amount in the deposits, and in the dis
counts slight falling of. Outside banks
report strong demand for discounts. We
hear of no transactions that justify
change of our street rates, and
continue to quote fret GLASS paper
with or without coilaterals, 90lo q
cent y annum. AL 2a-, second class
-Ql8, first class mortgage paper 9@!V
and second class II.
NEW ORLEANS CLEARING HOUSE
Clearngs- Balances
March 80. s52,27S z sys 81 ~ 3 3
| Same time last wrek. 800 52 IS I'D fEI =
! Total last week.. Il 1921 - io8 91t y
| Gold opened at lisa a ll5@4, against llb@s
| at New York, and after large
business closed at HOS 3, = a y
| advance over yesterdays closing figures
against 1164 in that market, at II NJ
! that being the last dispatch, the wires be
| ing down. The sales included SO, 500 (SlOoo
| $500. $4,000 and 100000 at 1883; S1OOt
! $4,000 and $4,000 at ll51e; $4,000 $1,000
| $1,000 $4,000 and $4,000 at 1854, and 500,
| 900 at 1858 1853.
No sales of silver were reported. Ameri
| can half dollars are still quoted nominal al
| IIO2 QIlIl2, and Mexican dollars at ~
u cent premium, gold, for new and f0r
old.
The movement in sterling exchange was
quite limited, and rates closed at an al
vance of Y. u cent for private bills and y
for bank. The sales amounted to E55O0O,
comprising fS000 bill of lading at I24A a
I24I5: fI5O0 do at I2iL2; El0O0 do and A35OO
Al clear at l24as; G20O0 and Ell 900 bill OF
lading and $4,000 AL clear at l24&s; tt5OOO
private bankers and bank at -; $1,000
bank at l25 IL. and $1,000 do at l251e.
The only sales of francs reported were
$1,000 private bankers and IoO,OOO bank
at
The sales of German marks inciuded 3D.
900 and $4,000 at -.
At the close sterling bills were quoted
at 1919 l247s for bill of lading and Al
clear, and -gl259 for bank, francs at AGO
a 1855. for private. and 1864 for bank, and
German marks at 1924 a lO9l2.
The offerings of domestic exchange were
of moderate extent, and rates closed shade
higher for commercial sight than yesterday.
The sales covered $205,000, embracing
$4,000 commercial sight on New York,
$4,000 private bankers, and $4,000,
$4,000, $4,000 and $4,000 bank at u,
$25, 900 bank at 9 %, and 100000 CONNER
cial and $4,000 private bankers at 5-l6.
The banks continued to check on New York
at par, and commercial sight was quoted
at "a.
In stocks we noticed sales Of 100 shares
Louisiana Levee. ordinary. at 81 25; 100 do
preferred at 81 So 20 Bank of Lafayette at
$4S so; and / Jockey Club at $50, and
do at $50 so; and at auction by hessrs.
Nash e. Hodgson, 20 New Orleans National
Banking Association at SIS 25; 10 do at
$25 IS, and 20 do at $26 25, and IS TeutO-
MIA National Bank at $50 50.
The sales of bonds included 5000 and
$4,000 city gold bearing seven y cents at
62A We also heard of a good inquiry for
city ten y cents.
Metropolitan Police warrants were higher
than yesterday, being quoted at the close
at 81 a So against 3608 last evening. The
sales included $1,000 at 81.
City appropriation certificates were still
quoted at 65a66, but no sales were re-
ported.
Old State warrants we're quoted at -
which was yesterdays closing rate. The
only sale reported was $500 at 49,
Legislative warrants we're rather quiet,
and were quoted at about 1919 for
large and so for small The reported sales
included $1,000 at 70 and $500 at 80.