New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-10-18
MONETARY AND COMMERCIAL.
MONETARY.
NEW ORLEANS REPUBLICAN OFFiCR.
SATURDAY kvRSIN9. October II. 1874.

NEW ORLEANS REPUBLICAN, OFFICE. :
SATURDAY KvRS!sa. October u. 1874. :
We have no new feature to notice In the none,
market. The offerings continue of fair Xtent al
the BANKS and moderate on the street. There are
but few transactions cOnsummat on the latter
and nothing has transpired that indicates any
change in rates We continue to quote first class
paper. with collaterals. at loop y cent aud Al 81
i59l8, and second grade at i, cent y month
First class mortgages are still: quoted at lOQll y
cent p annum and second grade at -.
NEW ORLEANS CLEARING HOUSE.
oc.o,s, ,G;!ss Re sss Is Balance. nc .;
Total last week. ........ 6656 $50 20 li7ss5G ii
Total week before ....... 5,7sa &c. IS 7O9l4S &c
We are indebted to Mr. l. N NJ ynard, manager
of the New Orleans Clearing House for the follow
ing compars alive statement Of the associated banks
foE the week ending to-day:
Increase. Decrease.
Specie. ACKNOWLEDGEMENTS. 900. 1928, 900
Currency. &3}0,NO .....
Loans ..... .................... 10000 ......
Deposits. 10000 fnet, ....
Gold opened at lo9s ales,,. against 10 at New
York, and after fair bus ness. closed at the
opening rates in both markets, touching 1897
during the interim. The sales summed up sec 600.
embracing $500, at lO9as; $4,000 at lossi: s 1000
$4,000, $4,000, anG $!3 90 at IOSa,. and $50 600 at
lO9ls dl09,s.
Nothing transp'red In silver. American half dol.
lars we're stil quoted At 1853. civ6h. aud Mexican
Commercial sterling was a e'ade higher. Tho
movement WAS OF fair extent. amounting TO
$4,000. comprising $4,000 bill Of iadine and Al
clear at IS PIN; G24O0 bill of ladnc and Al clear
ut IS 27H as %: E. 900 bill of ladiue ard a3sO0
al clear at SIS 2s. and $1,000 Al clear at SIS 2sn.
Francs we're unchanged. The only sale reported
was 20 900 commercial at 4..6a.
At the close sterling bills were quoted at q
as 2s for bill of ladng and Al clear, aud a $751;
for bank. and francs at : &c for commercial ana
- for bank.
The offerings Of domestic exchange wore oe
moderate extent. the demand AS fair and com,
1nercial shade higher. The sales of New York
sight cOverd $4,000. embracing $i2NGO SIS 600
and SIS 900 commercial at i - cen, discount.
and $25 OOo bankers and 90 600 bank at fI6
The banks continue TO check On New York At mar
WI lie comm, rcal sight was quoted at \ n cent
discount. against Is a : yesterday.
III stocks we noticed sales at auction bv Messrs
NASH & Hodgson of 10 shares New Orleans Credit
FOncieP Association ar SIP so: 10 Mechanics and
Traders Bank at 500 50, 6 Peoples Bank at $40
5 hbernla National Bank at $6i, and S Sc. Cbarles
dverti 3ed we're withdrawn.
The sales OF bonds included $1,000 and e.ooO
city gold bearing sever y cent at $40: 5000 SAXON
s 1000 and $5Oo0 do at s5 s 500 do At 35s, and
$1,000 city ten Y cents at 20. the former closed at
about 34la rs.
The limited movement In city Scrip n confined
10 email retail transactions for the pavment Of
back taxes. and quotations are nominal and mn.
settle d. depending to great extent on the ave
wanted, but for ordinary lots CITY appropriatinn
Metropolitan Police warrants and
time certificates Of 1873 may be quoted nominal At
a6047 The last are rather scarce.
Nothing is reported in state warrants. Oh AZ.
still quoted 81. 200. and new at-d50.