New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-11-13


Currency opened with fair demand at IL az i
= cent premium. but closed in moderate request
at | ~.
Gold opened at lo7 u a 1903 for currency and 1885,
10 tor certified checks, but owing to its scar cit
closed at l07s al08la for the former, and 1897
HOB for the latter against 10. 0lO3 ytsttrdayior
currency and 1895 nll0 for certified checks. Few
sales worthy of note were reported The New York
market opened at closed at 10. touching lO' 8
during the interim.
good deal of NEON enience has been caused
by the scarcity of cash gold. Formerly i'll such
emergencies the United States Assistant Treasurer
sold government gold at rates i'll accordance with
the New York market, transit charges etc, and 1t
is underst bod that there is sufficient coin Ill the
treasury here to give the relief desired but upfor-
tunatey for the public, the Assistant Treasurer is
now authorized to sell only customhouse gold GER
tifcates which are not available In the open mar
ket In order to avoid the necessity Of importing
from New York learn that Parties interested
have telegraphed the department at Washington
and asked for such instructions as viii place mat.
tiers on their former footing.
The market continues bare oil silver
The movement in sterling exchange was of lib
ersl extent. and, under the influence of the ad-
vance in bills at New York, rates closed fully II
cent higher for bills of lading and Al clear and i
for bank. the sales amounted to about 966,oHo,
snd 5S do At p io 81 a. do az 10
f22OO AL clear at ILL., $4,000 bill OF lading at III
llls; sl5Oo do at III; 1880 Al clear at III 81;
Is 900 bill of Iading at llla dIlll $4,000 do at
llI0ll1s 1000 Al clear at H. y; 1000 bank at -,
and G4tO0 do for remittance at ll3l,
In francs noticed sales of 10000 commercial
.
do at $40.
At the close sterling bills quoted at llo]a a
III }, for bill of lading and AL clear and ll31s u
for bank and francs at 30 for private and nominal
for bank. These figures are for certified checks.
We heard of no transactions in foreign exchange
on which to base quotations for currency.
The offerings of domestic exchange were of
liberal extent. The bank checking rate New
York for currency was unchanged while fer cer'i
fed checks it was i y cent higher, private sight
quoted about i lower for the former and
higher for the latter. The sales comprised $751;
COZ embrace, f25 900 for currency, OF which = 10
900 bank sight on New York at 4 y cent discount,
and $l5 COO commercial at and S266 OO0 for certi
fled checks of which $l8,0 900 commercial at | f.
cent premium, $4,000 and i 1000 commercial, $23-
900 private bankers and $40 coo bank at is, Sl5-
commercial at Il al y: $40 900 and $40 900 do and
5000 and 500 900 private bankers at \.
The banks checked on New York at i y cent
discount for currency and J. premium for certifei
checks, and private sight was quoted at d al t.
cent discount for The former and L al % premium
for the latter.
In securities noticed . more active movement
in gold bonds, the sales of which amounted TO
$1,000, embracing s 10 900 at 5il. 5000 and $4,000
at So $4,000 and 1000 1T 55 i, $4,000 at $50, 5000
at So q, $20Cg at So. and 5000 at SO i. There was
also a sale reported of city ten per cents at IS.
We indebted to Dir. L. Wolf. bookkeeper at
the office OF the commissioners of the consblida ed
debt for the following statement of he bids the
city tor the sale of city ten per cent bonds agree
ably to official notice, and OF those accepted: