New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-04-13
acknowledgements.
MONETARY.
OFPtCF OF THR DAILY RHpTBLlCAE, l
ErRNIHa Anril u 1917

OFPtCF OF THB DAILY RHpTBLlCAE,
SATURDAY EVENING, April II, 1879 )
There is no change worthy of note in the
money market. The offerings at the banks
are of fair extent, ar on the street mode
rate. Compared to last week the currency
balances and discounts at the clearing
house banks are about the same as last
week, but the deposit lines show some fall
ing off. which, however, compared TO the
aggregate is trihing. The few transactions
reported on the street are at the subjoined
figures. We continue to quote first class
paper, with or without c0llaterals, 96l0 T.
cent y annum, AL l2a-, secOndclass a
Is, first class mortgage paper 10. and
second class IL.
NEW ORLEANS CLEARING HOUSE.
Clearlngs: Balances.
1pdl f,.............. 6l,9 A6,1J2 % SI95O8t 90
Same time last week l,953.68604 III b27 %
Total last Veek.. 9 ABS, 461 6s iO8C 874 OF
Total week before. R,l3,672os 1887 800 10
We notice that the St. Charles Street
Railroad Company has declared dividend
of three per cent, payable on and after the
twentJ-tirst instant.
Gold opened at l77l4 a 1l7i4, against 1888
at New York, and after a large business
closed at ll744 d llS (Ac advance over yes
terday's tigures), against the opening rates
III that market. 1t was rumOred that pri-
vate dispatches had been received from
New York quoting gold much higher than
1883. The sales summed up SI32, 900, en-
bracing $4,000 at liz %; 900 $4,000, $1,000
aud $80OO at ll82a; $4,000 at liz IL l6
$4,000 $4,000, $4,000 and $20,000) at III %;
$4,000 at ll7hs Sll8, and 100000 at llS
q IlSh.
No sales of silver were reported. Ameri-
can half dollars were still quotes nominal
at Ill 0Il2. and Mexican dollars at 212 T.
cent premium in gold for new, and for
old.
The movement in sterling exchange was
of moderate extent. but at tho close rates
were g y cent higher for private bills, and
y for bank. The sales amounted to E65,
600, comprising fl500 bill of lading and
t25OO AL clear at l264: to0oO bill OF ladlng
at 1862 a 1854; GI4,000 bill of lading and
AL clear at 1868 a l27; Gl7,000 tf7000 and
10000 bill of ladingl at 1904 q l21; E2O.-
0O0 bill OF lading and Al clear at 1867 a
l27, and $4,000 bank at
The sales of francs comprised 400, 600.
embracing $1,000 and 100000 commercial
at =; $4,000 do at 4.53A, and 10000 bank
at -.
At the close sterling bills were quoted at
1859 q l27 for bill of landing and AL clear,
ami l27 19&- for bank. Francs at ass a
53aa for private, and 4.5l for bank. and
Il0l9 O. for bank.
The offerings of domestic exchange were
of fair extent, and private bills closed
shade higher. The sales covered S32T 900,
embracing 1000 and 49,, 900 commercial
sight on New York, and $50, 900 and $4,000
private bankers at y y cent premium;
$4,000 commercial, and $25, 900 and $50 900
private bankers at 532, and $4,000 com
mercial, $75 900 private bankers and 81, 1000
bank at u. The banks continued to check
on New York at Il y cent premium, but
private sight was quoted at Is 03-l6
In stocks we noticed sales of 100 shares
OF Louisiana Levee, ordinary, at 81; 30 Hi
bernla Bank at $97, 10 do at $97 So and 20
do at sos; 20 st. Charles Street Railroad,
with dividend, at SIC; = Metropolitan Loan
and Savings Bank at $50 So and II Ammo
MIA and Thermo Specific PrOpelling Com
pany at sl2 so.
The only sales reported in bonds were
were 81 900 city gold bearing T. cents,
comprising $4,000 and $4,000 at 5S1a $4,000 as
5Saa, $4,000 and $4,000 at SO, $4,000 at
59Is, (this includes some resales), $4,000 at
591e 0593a; they we're quoted at the close
at SO 059A.
The sales of Metropolitan police warrants
included $500 at Sc; they were quoted at
IS d86.
No sales of city appropriation certificates
were report; they were quoted at 63 a 6i.
Nothing was reported in school certii
Gates, which were still quoted at 63 06t.
Old State warrants continue nominal at
81. Kellogg Legislative warrants were
quiet, and are quoted at IS q ~. No sales
were reported.