New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-01-12
monetary--Commerolal.
MONETARY.
cYyfCT OF THB DAILY RFPuBLhASr
Eru yanYlaTy II iE1I.


ouvfcT ~ TIE DAILY REPUBLHAS,(
sA-yEDAr EVENING, January II. 1873.
rha money market continues to improve.
tn demand for discounts ID less pressing,
10Th at the banks and on the street, but
without further quotable variation in rates
on the latter. Compared with last week
there has been a considerable increase in
the deposit lines of the banks, but the cur
r,ncy balances and the volume of dis
counts art about. ths same as last week.
We cor tinue to quote first class paper at
y cent per month, AL at ! y, and second
class at 2; first class mortgage paper at 10 Y
cent per annum, and second class at II
NEW ORLEANS CLEARING HoUsR.
Japuar, u... sa sfj eoa IS s91 liEs' -
Total last week.. 1854 .765 SO I,e99542 90
Total week before.....o R,a36s ST. 10 l.4Sa,ssS 81
Gold opened at il2ss a 1924. against
1929 in New York, and, after moderate
business, closed Al the opening rates "a de
decline of do Over yesterdays tiguresl
against ll2A in that markets Ihe sales
summed up $4,000, inducing $1,000 at
Il24; Sl1 900 $4,000 and $6N0) ut ll2ss;
5000 at IGN, 900 AZ ll&+s q 1928, and
ga, 900 $4,000, 5000. $1,000 end S600OI at
1928.
No sales of silver were reported. Ameri-
can half-dollars are still qnoted nominal at
100 q ITO, and Mexican d"tiaTs at u o. U
cent premium in gold.
The movement in sterling exchange was
of fair extent, and rates were a shade
weaker. The sales comprised E5S,000 ON
bracing $4,000 bill of lsding at 1909
PIN, 10000 do at 12l a I2i Is, 10000 do
(f25O9 and E3500) at l2aA, E2l zoo t5O0o
bill of lading, 5000 and 5000 bill of lad
and AL clear, and &5o00 Al clearl at I2ls,
] h,y, o. ~
The sale OF francs amounted TO ooO,OOO
commercial, embracing 800 600 10000,
$50 900 and 400, 0Ooi al 4.72+s, and S5o,eV at
L72.
The sales Of German fnarhs Ino!nde
100, 00e at -. AT the nCse sterling bills
were quoted at III a III % for bill OF ladIng
and AL clear, and o-Dl22 for bank, aud
francs at ABBA 04.72h for private, and q
47IA for bank. German marks sere
quoted at LOG 1908.
The offerings of domestic exchange were
of quite limited extent, and rates were
without quOtable variation. The sales Gov
cred $l21, 900 sight on New York, embrace
ing $4,000 ($20,O0 private ban ers' and
| $4,000, $4,000, $4,000 and SIS, 600 bank
| at y y cent discount, and S3o,0Oe CONNER
cial at ll-l6.
The banks continued to check as 4 o V
p cent discount, and commercial sight was
| quoted at y discount.
In stocks we noticed sales of rs shares of
Factors' and Traders Insurance Company
at S85 so; 3 New Orleans Mutual insurance
Association at $92 and small tot of Canal
| Bank, ex-dividend, at S97 80. .-oo
| The sales of bonds included $4,000 city
| seven per cent gold bearing at AZ; Sooo0
| do at Ga; $1,000 old city seven per cents al
| 81 "; $1,000 do at =. and $4,000 new city
seven per cents at -. There were also
some other sales reported Of olty seven per
| cents and some WaterWorks, OF which the
particulars were withheld.
| Nothing was reported in State securities
| We hear Of no sales Of metropolitan po-
| lice warrants.
City appropriation rertifoe'ss opened at
Yesterdays closing rates OF 81 @62, but
Under very active demand closed at about
Go. The sales and resaies summed up
$4,000, comprising $500 at Gig; $4,000 at at
GIN $4,000 $4,000, 5000 and $1,000 at g.;
$4,000 $4,000, 5000 and $4,000 at 624;
$I35Oo $4,000, $1,000, sleO0, $1,000, $3.50 $3.50
| and $4,000 at 62A; S6000 $4,000 and SteO0l
at GA; $1,000 at 63, and $4,000 st b2Ss %
63ko