New Orleans Republican., 1873-03-26
Monetary--CommercIal
MONETARY.
OFFICE OF THK DAILY REPUBLICAN,
.-r.rLr ErRNrnIG Aarnh y lHr2

MONETARY.
OFFICE OF THB DAILY REPUBLICAN,
TUFsDAT EvEN!HG. March q. 1873.
The money market is quiet, and we have
scarcely any change to notice. except a
slight increase in the demand for discounts
Oh the street. The offerings at the banks
to day were OF liberal extent, and all offer
ings of approved business paper were ac-
cepted. The few transactions reported
outside indicated no qu0table variation IN
rates. We continue 10 quote first class
paper, with or without coliaterals, 9GlO q
cent T. annum, Al l2c--, second class
-Gl8, first class mortgage paper 9Sl0.
and second class II.
NEW ORLEANS CLEARING HOUSE.
u, o., Cesrlnes; Lee M 5, baiansss 3 ia5 ses o,
March IS .......... 1881 ISL q lg8,se5 90
Thus far this week s6O32,s7G: s64 ,565 l6
Same time las; week 6o32 032 J., 59k, ,849 So
Total last week Il $cS , 289 3 - 59g 9 s9S Fo5 90 30
Total week before. l2&?.78! - tiol,nZZ ~
Gold opened at ll411 a Il43. against ll54s
at New York. and after "a far business
closed at ll43. l,4s Tan isc advance
over Yesterdays closing figures. against
ll,A, in that market. The sales summed
up $92 900. embracing $4,000 az ll4as: $4,000
at lI41R; $I7.0 900 at HAS; S2l 900 is2O0O,
$1,000. $1,000, 5000 and Sl00O0l at ll424:
$4,000 at ll4as il4&; and s:EOOO at Has.
No sales Of silver were repOrVed. Amerl-
can half dollars are now quoted nominal at
ll0le 1lll12, but Mexican dollars are still
quoted at 2Z T. cent premium. gold. Tor
new and :. for old.
The movement in sterling exchange was
.nite limited, and rates were quoted ABOUT
Is T. cent higher at the close. The sales
amounted to 945. GOO. comprising 135OO OH
OF lading at l234. $3.50 do at l23es; t3oOo
Al clear at 1897, Gl2,000 bill OF ladlng
and Al clear al 1879 u i23as; S300O and
$4,000 Al clear at l235a: 9l4,000 bill OF
lading at l23l2 a 1888: 9l0O0 first class at
-, aud 5000 bank for remittance at l249a.
No sales OF francs or German markG were
reported.
At the close sterling bills were quoted
at 1881. q l23a. for bill Of lading and Al
clear, and -0l2417 for bank; francs at
465 04.63a4 for private. and 4.6lA @4.6C for
bank. and German marks at loS44 O..
The offerings Of domestic exchange were
of moderate extent, and rates were without
S265 OOO comprising $2j, 900 bank sight on
New York at l3 IL e cent discount, and
$2lO,OOO $4,000 and 100000 commercial.
$50. 600 private bankers, $4,000. S2O,GU.
$25, 900. SIS, 900 and 5000 bank st a..
The banks continued to check on New
York at par and commercial sight was
quoted at u T. cent discount.
The sales of stocks included 100 shares
Louisiana Levee. ordinary, at 81 81 y; and
10 Crescent Mutua! Insurance Company at
$7S We learn that at the auction sale on
Saturday, $7S was bid for Teutonia Nation |
al b 4nk, limited at $50.
The only sales of bonds reported were |
$40 600 city gold bearing seven per cents, |
at 81 Il and 5000 at 6la4; they were quo. |
ed ut the close at 6I y a..
The sales in city appropriation certit. |
Gates included $1,000 at 65, and $1,000 at |
5Szs. They are now quoted at % 0tG.
Nothing was reported in Metropolitan
Police warrants. but they were quoted at
80 090.
We noticed sales of $4,000 and $1,000 old
State warrants at 3S. and $4,000 at 3Si4.
They were quoted at about 3S.
There was less movement in legislative
warrants. Act No. 80 warrants, owing TO
he report that they were being received
or State taxes and licenses, were quoted
It the close at so dSl-the same as acts
Ios n and 3S. The sales included $500
1t S0sa. $1,000 at 81. s 1900 at 81 l.. s.. and
Il 500 at 81.