New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-12-02
MONETARY AND COMMERCIAL.
MONETARY
SEw ORLEANS REPUBLICAN, OFFICE.
o...,' E,yS,~c nncpmber l. 1874.

NEW ORLEANS REPUBLICAN 0frNh'{
TUESDAY EVENING, December !. 1874.
rhe money market continues quiet anu esss'
The offerings at the banks are OF zseSiIv az
cented. Those on the street are lmited pariicu,
larry Of first class. which are IN de, aua,a
i ana e1 NJ also notice more disposition on
the part OF lenders to negotiate other grades grades
Of S'mme,ena pa 9sa "Si suotaele vsr
atlon in rates. We continue to quote nrst eia s
pager, with or without .ol!ateralr, at sa,o KIN
u.s. First class mort cages continue TO rue a. ivw
II 4, cent T. annum. We hear OF nothih" oo'Ns
ia second grade.
NEW ORLEANS CLEARING HOUSE.
vovs,,.e, ,s... 81 .ss4oi is sla1 80: Y
November 30 ...... 1865 81. So is9 e cs go go
December I.....'....' 2,sss.3,' 81 laa.6s 70
Thu. ia, this week.. $5e7: l5 % $50 soa 20
Same time ast week. .s8s s.z 10 XII 70
T",a, last week ;..''' eaIoa.s o. sol 3is Il
Aa the meeting OF the Council to- day nothing
was dore that had any immeais'e .ahSn T ot
tile resolu, ion passed June 3. that under no err
cumsances will any ext. nslon OF time DC 20 ia
,u,,st he naid exclusively ca.h. Thus, vii. be
observed does not affect the receipt OF sctlp as
taxes We learn that the new Admins rators are
making strenuous Efforts not only to pay the IN
terest the wharf imp ovement anu , n :" make
,.rr,anent provision for the prompt payment OF
The interest on the debt as it natures hereafter
Gold opened at III all2is against AZ az new
ycrk and. after a fair business. closed At the
opening rates against liz in that nlarEr Zoo anS
sales summed up $5s 1@ coe sUn . i, o al lia
and $1,000 al ll2a.
No sales of silver were reported; American ca half
dollars still quoted at 10! = 6ioo' "hiie oo"
dollars now rule a. 980s82 gold .
Tnder the influence of the decline in gold and
bills at New York and the weakness in domestic
hAra ate uO
cent for commercial and Ito for bank and co eco
at the decline The sales amounted 70 1So: ~ ~,
comDrispp 1900 and $4,000 bill Of ladng AZ % 20;
5000 do at IS 3 y; $4,000 do at % 3on6o .,9'
4,OO0 and G27 900 do and Al clear at 50 $500 ~;
fl5o0 bill of ladng and 4i9o caear al 20 a, H.
counter at SIS Al M, ,
Francs also materially lower The o sales es
comprised 355 600 commercial embracing loo uoo a!
4.67s; 10000 at 4671s di66, and 70 ooo' Soo" anu
AZ the close sterling bills were quoted at IS 81 y
| as 38I, for bill of lading and Al clear ana =
SIS Az for bank, and francs az 4o'a 1of co"
mercial and 1854 "a 62la for bank. ~ or. y, f,;r
| extent, and commercial was shade weaker; put
without quotable variation The sales o. Ne eNo
| Ynrk siplt covered S225, 900. embracing $50 oOo
onsrsiaI at Id ~ cent discount; 10 OcO &l5OOO.
$50 600 S2OOOO, $4,000 and 10000 commeTci AZ
and $4,000 private bankers, ~ y, anu 5000
| commercial and : Is 900 commercial on providence
Tie banks continued to check on New York at
MN " cent discount. while commercial sight was
| quoted weak at y. , ,,u-;o
In stoc ks we noticed sales of 10 shares Hibernla
| Bank at 464 and - Canal Bank. OF which Inc par
ticulars were withheld.
| We noticed fair movement in city gold bearing
seven per cents at about y cent advances: Inc
Is 10 mo- at iSl. $1,000 and 5000 al 50 M 5000 and
$1,000 at 3sss, ana $4,000 and $4,000 at 80.
Sales were asO reported OF city six per c. nv con
solidated of which the particulars were wlthheiu'
Nothing as reported in city scrip City appIo,
pristion certificates, Metropolitan folice
| and time certificates OF 1873 were sun quo'e" ~
4Idi3 Ola
Fo sales of State warrants were reporleM. oio-
were still quoted at 1870 aud new At - az.