New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-01-26
monetary--CommereIal'
MONETARY,
oFvgG9 OF THB DAILY REPUBLICAN,.
S,rryDAY EVENING. January Is, 1873.


oFvfcs OF THB DAILY REPUBLiCAE.l
SATURDAY EVENING. January %, 1918.
Tho money market exhibited additional
evidences of Improvement to-day, especial
Iv on the street, where rates were lower, re-
curing some reduction in our quotations.
The offerings at most of the banks were OF
moderate extent, and though at few they
were quite liberal, they were everywhere
readily accepted, the resources being suttl-
GENTLY ample to meet even much larger ue-
mands Compared to last week, the deposit
lines and currency balances have consider
ABLY increased. Discounts show an increase
at a few banks, but at most they were about
the same as last week. Though the bust
ness on the street continued light, we no.
ticed among to days transactions negotla.
tons of sac, 900, in two amounts, with gooG
collaterals, at s 010 y cent T. annum, and
heard of some others at 10. We now quote
frat class paper at a 10 = cent = annum,
AL Il q Is. second class at lS. first class
mortgage paper at ~ and second class DO
at u.
NEW ORLEANS CLEARING HOUSE,
Clearngs- Balances
January 2s So 329 365 O5 s2O8,3l5 IS
same time last week. 2,29O599 50 393,0S2 81
ToIaI last we4k........ Is l5962l 80 !,598,2Il 81
Total week before. H68o42I "a J,2S6,S2o Is
Gold opened a. 1888 a 1885. against
lf4ls at New York. and after an active
business closed at il3tR a ll3'& IAN ado
vance of u C over yesterdays closing rates.,
against / II at New York. The sales summed
up SIS, 800, including $1,000 at 1854; Si0 0G
900 at ll33s; SIS, 900 at 1873 4 1872; $2I ,OOO
$4,000, $4,000. $4,000, $1,000, $1,000 and SlO,-
0OO) at 1872: SIS, 900 $4,000 and $l0,0O0l at
ll35s; $500 at 1874, and 100000 a. 1895
a 1873.
No sales of silver were reported. Ameri-
can half-doilars are now quoted nonl-
nal at 1922 ll0h, and Mexican dollars at
h az q cent premium in gold.
There was also an active business done in
sterling exchange, and rates advanced a
q cent Tor private bills and about p for
bank. The sales amounted to Ely, 900,
comprising Ell 500 (fS500 bill of lading
and $4,000 AL clear at 1874, flO,00O bill of
lading at 1894 a 1872, fl000 AL clear at
1881, ESOO0 bill of lading at 1914 a 1898,
$500 tEl500 bill Of lading. E3@00 AL clear
and Hl5O0 American ships billy at 1925,
a 123a4, G7000 $4,000 bill of lading and
$1,000 AL clear) at 1894, fll00 American
ships bill at -, E25000 (f22,O0O bill of
lading and AL clear, and $4,000 bank at
1898 a 1875, $1,000 AL clear at l23a4 a l24,
$4,000 AL clear at I24, and 925,NO bank at
l2I48 0l24as.
The sales of francs included 100000 COM
mercial at 46o, lUU,cVO DO at 400 too'4'
and $4,000 do at =.
At the close sterling bills were quoted at
1874 q 1879. for bill of lading and Al clear.
and -0l24h for bank, and francs at %
0463a4 for private, and 1922 a 4.6l y
for bank. German marks were quoted
nominal at l0S a 1854.
The offerings in domestic exchange were
OF liberal extent. and rates were Il shade
higher for commercial sight. Tho sales
covered S2Oi,0 embracing $4,000 and
$50 900 commercial and $4,000 private
bankers sight on New York at ZIG y
cent discount; $4,000 commercial at 1882;
$1,000 and $4,000 commercial, $4,000,
S25, 900 and $4,000 private bankers, and
$4,000 bank at as: 100000 commercial at
y. and $40 900 do on Providence at As.
The banks continued to check on New
York at u y cent discount: commercial
sight was quoted at g.
In stocks we noticed sales of p shares
Orleans Railroad, ex-dividend, at SIS, and
Is Louisiana Levee, ordinary, at s. 81 h.
The only sale reported IN bonds was s4ooo
city + cents at 6O.
State securities continued very dali.
City securities were quiet and rates un'
changed
The sales of city appropriation certificates
included $4,000 at 6il2, and $500 at %. they
were quoted at the close at 3! a o., the same