New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-04
netary--CommerciaI.
MONETARY.
OFFICE OF THE DAILY REPUBLICAN.
SATURDAY EVENING, January 3. 1874.

MIN T. AN
OFFICE OF THE DAILY REPUBLICAN,
SATURDAY EVENING. January 3, 1874.
We have no further improvement to notice in the
money market. The demand for discounts on the
street continued fair and leans on cOllaterals ex
hibited tendency to still easier rates but With
out any Guotabe variation. The offerings at the
banks are of liberal extent, and are readily met
at least for all approved paper. The Clearing
of a million on deposits and half a million in cur
rency. while the discount line presented but little
variation. We continue to quote street sates to-
coliaterals, AT OK y cent p month; Al without
coateras at "a, and second grade at 293. First
class mortgage paper continues to rule at 10 p
cent p annum and second grade at ll0l2.
NEW ORLEANS CLEARING HOUSE.
Clearngs Balances
January 3............ S26T3.02l Il :: G9,9l0 g
Same time last week. 2,722,753 . 22-, so %
Total last week. u, l33yttt - l,io4,J32 ~
Total week before. Is, los .3l9 - or 80 IS
The following kilograms were posted 81 the Cot.
ton Exchange:
NEW YORK, Januarrya5, :. M.-Carryins rate,
LONDON, January 3, 1890 P. M.-2ate for money
at the stock Exchange on 5ood securltie is II; Z
cent
Lospos, January 5 ?. M-Amount of bullion
gone into Bank of England on balance to day is
G,7OO0.
Gold opened at 10 0lo's against l102s at New
York and after an active business closed at 10 3
0lllas against HIS at New York. TIE sales
summed up slOl.7O1, embracing $1,000 and 5000
at Ii0I $500 5000 and , 1900 at li0A 5000 at
llOas $4,000 at no.. 100000 at ll0k 0ll055: 5000
at IlOss 5000 at llUt. and 0Jo at 10 HOE.
No saes of silver were re- ported. American half
dollars are quoted at ~ 1lO8 ana dit Aican dol
lars at 1860.
The movement in sterling exchange was of
liberal extent, the sales amounting to about
$50 900 embr acing Sl20O Al clear at 525; 1880
and 1900 bill of ladns at 525 ~ 5o9 at 526 1880
bill of lading and al clear at Ssh 526 :; 10000
do at 5240521; $1,000 and 1850 AL clear at % ;
,20O Al clear at 81. Ii -21oG0o bill of laiing at
SIS a527l; 1000 and $1,000 bill of ading at 527
SIS 900 bill OF ading at SIG 0528 and 81 900 bill
of lading and $1,000 bank at -.
The sales of francs comprised $4,000, EN- oraclng
$50 COO commercial at 4S5, 50 100 DO and loo 90 do
tive days sight at $50.
At the cloee sterling bills quoted at s 25+s
as 211: for bill of lading and AL clear, and a
SIS 333. for bank, against s. 22I ) 3 Yesterday
for the former and ass g.. tor the Lite.
Francs were quoted at 4.831t.73 ter private and
nominal Tor bank.
m. offerings of domestic exchange were lib.
eral and rates 6 shade lower than yesterday
for commercial sight bu- without quofabie varla-
tion The sales covered 250010 New ork sight,
embracing $40 900 and 81 ,003 commercial and
$50 coo i 40 900 and $4,000 pr vate bankers at g
~ cent discount; 5000 commercial and $50 ts9
private bankers at 9 l6, and s. J0e and S25 900
commercial at Il We also noticed sales Of s 20 oOe
on Providence. and So, 100 on Bait more at
The banks continued to eek OIL New YORK a.
\ - cent discount, and commercial S! 5ht was
quoted at s. u y.
In stocks we noticed sales of 70 shares LOU 51ns
Levee ordinary at . II
The Gales of bonds included $1,000 cite gold
bearing per cents at s., ana ei1Vv) at 81 q
both coupons.
No sales OF city appropriation CERTIFICATES sTere
reported.
The only sale reported in warrants Sas . 1000
Metropolitan Police at =.