New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-02-11
taoretary--CommercIal'
MONETARY.
oFF,CB oP THR DAILY REPUBLICAN,
MnsDAy EVENING, February 20. 1873.

MUspAY EVENING. February 20. 1873.
The money market continues quie:: street
rates are easier. The demand for discounts.
both in bank and on the street. are of quite
moderate extent, particularly ON the latter.
and especially for first class paper, which Is
very scarce-in fact so much so that. with
ont cOlaterals. it can be negotiated at 10 T.
cent T. annumo We now quote first GLASS
paper with or without collaterals at 10 7
cent T. annum, Al without collaterals at
II q Is. second class at Is. first class mort
gage paper at 10. and second CLASS do at -.
NEW ORLEANS CLEARING HOUSE.
February 3 .......... B2l45.32l 8p $40 918 q
FEBRUARY !C........... 268J.l!7 ~ 89,5O6 Is
Thus far this weei . u 282 Az 81 $3.50 "a -
Same time last week. i%9 tr6 81 42@ 9 900 o. o.
Total week before. I4Oo582C !. :.13..0j6 4!
Gold opened az 1885 a 1879. against
ia at New York, and after fair bust
ness. closed at the opening rates IAN adj
vance Of Is over Saturday CLOSING u%uFesj,
against 1879 in that markell were 1t
touched HAS during the interim. ! he sales
summed up $l05,500, including SblOO at
1873. ST.. 900 at ll334, $4,000 ($iO,O and
S25. 0OO) at ll334 1875. ST 600 $1,000,
$1,000. $1,000 and $l5.000) at ll0'o. S@O,OOO
at 1888 a la, and $4,000 at H.
No sales Of silver were reported. Amer
;can halfdollars are now quoted nom
inal at 1922 Il0l2o and Mexican dol
lars at . = cent premium n gold !or
new and 3 for olGs
The movement, in sterling exchange was
OF moderate extent. and at tho opening.
under the course Of gold at New YORK.
rates advanced about u q cent. but,
under the influence OF the SUP
sennrnt decline in gold and bills in
that ,narket, private bills clOsed at Satur-
davis figures. but the mornings improve
mcut in bank was maintained. The sales
amounted to SO, 100. comprising $1,000 bill
of lading at 1913 a 1894, $4,000 and t25OO do
at I231.. $4,000 Al clear at l234s. $1,000.
f2O0O and 5000 do and 10000 bill of iading
al I23la, $500 bill of lading and AL clear
at 1888 a l235s, $1,000 Al clear at -. $1,000
and $4,000 Al clear and $1,000 American
ship's bill at 1885. 10000 bank at, tl3OO
do at I2lL., and f600 bank sight at l25.
The sales of francs comprised $4,000, en-
hracino l3O. coo commercial at 66i. n 6.61.
10000 do 1000 and 50,0O0l at 465, $4,000
do at 46ia4. and 100000 on Antwerp at
i.6j 1854.
At the close sterling bills we're quoted az
1913 l23l2 for bill of lading and Al clear,
and PA d l24lA for bank. and franc. at
1861. a i.65 Tor private. and t6:ii! a s6!l.
for bank.
The offerings in domestic exchange were
of ONLY fair extent, and rates We're withcut
Uuotabe variation from Saturday. figures.
The sales covered $255,0j0. embracing
$4,000 commercial sight "n New York and
$4,000 bank at :.-l6 = cent discount; $4,000
and $4,000 private bankers at li-;2.
and so 900 and 600 commercial. $4,000
and $4,000 private bankers anG $4,000
bank at IS.
The banks continued 60 check on New
York at !. T. cent discount, and conmegcia!
sight was still quoted at 5-l69 Il.
In stocks we noticed sales of j shares
New Orleans Nationa! Banking Association
a. S3l: 10 New Orleans Nstiona! Bank at
$93: - State National! Bank at $40! 80; 20
do at $l0j: - do az Sl06. and ) Mutual Ma.
ton al Bank at SllO.
The sales of bonds included $4,000 city
gold bearing ! T. cents at 66!2; $1,000
old city consolidated at 1012. and $1,000 city
ten per cents at 81.
Metropolitan Police warrants opened at
about 81, but closed at ~ a 50. The saiC-
included $1,000. $500, $4,000 and $4,000 at
80; $500 at 9312, and $1,000 at s..
City appropriation certificates opened at
about 20 and closed at Il az. The .ale-
included $4,000 at 20; $500 at 10l2; 5000
at II; $4,000 at II p. and $1,000 -.
The Board of Brokers resumed their
meetings. and at to days session IL shares
New Orleans National Bank sold at s93.