New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-01-21
ACCOMPLISHMENTS.
MONETARY
0EF-Cg OF THR DAILY REPUBLICAN,
MoynIY EVENING. January 20, 1873.

MONDAY EVENING. January 20, 1873. }
| The ,nonev market continues to improve
| Int thus far without any marked change
| IN notice. The demand at most OF the
| banks for discounts is gradually decreasing,
| and the deposits improving. The offerings
On tbe street are light, and the reported
| transactions shoS slight tendency to
easier rates, particularly for first class
paDer which is very scarce. We continue
TO auote first class signatures accompanied
by unexceptionable cullaterals at 10 a l. T.
cent p annum, AL at H. second class at
| Is, first class mortgage paper at I'D and
second class do at II.
NEW ORLEANS CLEARING HOUSE.
January $229o SO 3 s333 on on 81 81
Thus far this week.. IS ,224 90 COS 492 81
Total last week.. l468O,42l Il i,28622o 70
Total week before 49,. li,543,765 80 l,O99,5R Go
The following directors were chosen to-
dav at the election of the Hibernia Bank:
Messrs. Patrick Irwin, Hugh McCloskey,
John Henderson, Thomas Mckenna, Will
liam Hart, Nicholas Burke Edward
Sweeney. p. H. Foley, Thomas Markey, r..
NJ O'Brien, Robert Carey and Thomas l..
Clark, all the old board being reelected.
The following were elected by the Union
National Bank-Messrs. Carl kOhn, NJ. M.
Simpson. John Phelps, B. N. Pond. William
Hartweli, Leon GodcbauX, Victor Meyer, T.
+. LavilIebeuve, w. B. Krumbhaar, Joseph
Bowling and n. D. Wallace, all of this city,
and David solomon, of New York, and
Arthur koh8 of Paris 1.-THE last two are new
names)o .
And the following by che Me.
chanics and Traders Bank-August Bohn,
II. Gally, l.. +. Generes, I. A. Adams, j..
Van Benthuvsen, Thomas Langridge, % A.
Blaffer, O. II. Karstepdek and w. j.
Behan, nearly all new names. There were
two tickets nominated for this bank, and
the successful ticket was known as the
shareholders ticket. in favor of cOnsolida-
ton with some bank undey the national sys-
TEN.
Gold opened a. 1925 1925, against
lib at New York. and after an active bust
ness, closed at 1925 1924 Ia slight adj
vance, against il3l8 in that market. The
sales summed up STA, 900. including $4,000
at ll2A; $1,000 at 1928: $4,000 at ll2l9;
$4,000 at ll212 1925: $4,000 $4,000,
$4,000 and $1,000 at ll258: $4,000 at !lS9S
0ll23., and $1,000 at ll23!.
Nothing was reported in silver. Ameri-
can half-dollars are still quoted nominal at
IO9 a ITO, and Mexican dollars at y az T
cent premium in gold.
The movement in sterling exchange was
limited. and under the influence OF New
York dispatches rates advanced y u cent
for private bills. and about % for bank.
The sales amounted to 1890, comprising
$500 bill of lading at i2l54; tl2OO AL clear
at l22: fl0,00a bill Of fading at l22 a l22 y:
$4,000 do at 1928: $4,000 do at l22 Is l22k:
$4,000 AL clear at i22k and El4,000 100000
bill OF lading and e.0Uo AL elearl at I?211ls q
!223s.
The sales Of francs comprised so 900, em.
bracing $4,000 commercial az 40 a i6S3.;
100. 900 do az lG9l4, and 295, 900 do at ! 6S@..
The sale OF GERMAN mayks included 100000
al -.
AZ the close steriing bills were Yroted a,
II? a l22la for bill Of Iading and al clear.
and l;!3 =. for bank. and francs at i,.0a
4 6S2.. and i.SGl4 for bank. German marks
were quoted at 10! a lG1 "a.
The offerings of domestic exchange were
light, and rates were without .quOtable Va
ration. The sales covered $2lS,0O0, en-.
bracing $4,000 sight on New York $4,000
commercial and $25, coo private bankers
at s-l6 T. cent discount. $4,000 $4,000
CONNER cial, $1,000. S2000e, $4,000. 100000
and $50 GOO private bankers. and $4,000
Western bank' at a.. and $4,000 CONNER
cial $4,000 Oh Providence and $4,000 OIL
Boston, at ..
The banks continued 20 check an New
York at Il a Is 2 cent discount. and COM
mercial sigh: Was still! quoted ~ y T. cent
discount.
There was more fnocemen. in stocks. and
the reported sales included 2G shares Mu-
tuai National Bank az - % State Nati0na!
Bank at $9S 30: 20 Sun Mutua! Insurance
Company a. $40. and - Factors and Trad
ers' Insurance Company az -.
In bond. we noticed sale o: $1,000 new
city ten per cents az o44:.
City appropriation certificates opened az
Saturday closing rates.. but afterwsrd
weakened shade under the influence of
the application for an injunction to have
them paid in rotation. This. however, was
counteracted by the reported favorable ac-
ton Of the caucus of Administrators and
they closed at about So D.. an advance of
about two points. The sales comprised
$40 900. embracing $1,000 at 65is; $1,000 at
6Gl2: $1,000 az 66}4: 5000 az St 81: $1,000
at 81: $4,000 at 81; s5000 at s: y: $1,000 At G8.
and $J0go at 90.
n a