New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-06-21
netsry--Commercial.
MONETARY.
OFFICE OF THE DAILY REPUBLICAN
S.rrnnaY RuRNINa Iune %. 1874.


OFFICE OF THE DAILY REPUBLICAN,
SATURDAY BvRNING. June 70, 1874. }
We have no change to notice in the money mar
ket. The offerings, both IN bank and on the
street, are limit, d. and commercial paper is with
out any apparent variation We continue to quote
selected signatures with without collaterals at
8 ~ cent per annum; first class at 90lO; Al at IL
0l2, and second grade at l0lk p cent per month.
First class mortgages rule at 10 " cent per an
mum, while nothing is reported in second grade.
NEW ORLEANS CLEARING HOUSE.
June 90 s95i $50 oil SEQ eO8 81
Same time last week. 500 500 Is l4o o6a y y
Total week before. .... 6,643.493 Is l,oo4,493 ID
We are indebted to Mr.. l. N. Maynard, manager
of the New Orleans Clearing House, for inc
following comparative statement OF the associated
banks tor the week ending to-day:
Increase. Decrease.
Specie. .''''''' '''''.'''''''''' :. OK oo6
L Inans NEUTRALITY-SUSPICIOUS.. ... 10000
DepesltI ...........-.......--.-. ...... N1''00o
We notice that the New Orleans City Railroad
has declared its usual quarterly dividend OF 81
per share.
York, and after moderate business Closed at the
opening rates in both markets, touching ~ =
during the t se na at New 1oIk ooo at a
$1,000 and { 5000 at Ill; $1,000 $4,000 and $4,000 at
lIls 1000 ar ll's 0lllA $2oOoat III a. and $4,000
at I'LL Oll1a.
No sales of silver were reported. American half
dollars were still quoted at 1851 l06, and Mexican
dollars, following the course OF gold at New YORK,
at Ill i.
Under the influence of the advance in gold at
New York and a fair demand sterling exchange
ruled almost lilo y cent higher The movement
was limited, being confined to tS00O, comprising
$1,000 bill of lading at SIS 3s7s, and 4l0OO
and $1,000 do at SIS 1919 as 40h.
Flames continued scarce and IN moderate
demand, without quotable variation. No sales We're
reported.
At the close sterling bills quoted at
IS 391s as al for bill of lading and AL clear and
SIS 43k O. for bank and franco at 1864 for private
and entirely nominal for bank.
The offerings of domestic exchange were linn
tied, and with moderate demand commercial was
without quOtabe variation. The sales OF New YORK
sight covered $l23,000 embracing $40 600 private
bankers at d y cent premium; $50O0 CONNER
cal and S 600 private ban keTs' at 932 $4,000
private bankers and $4,000 bank at 5-l6, and
s 900 bank at ll-32.
The banks continued to check on New York at
p ~ cent premium, and commercial sight was
quoted at ad5.l6.
la stocks we noticed sales of 100 shares of Louis
lana Ice Manufacturing Company at 81, 10 shares
Factors and Traders Insurance Company at $79 so,
and = shares New Orleans City Railroad Company
at $l57 so.
The sales of bonds included $1,000 old Louisi.
city gold bearing seven per cents at 5l4, and
$4,000 do at 5l the latter are still quoted at 5la
Q5Ih.
Nothing TRANSFERRED in city scrip. City appro.
priatlon certificates and Metropolitan Police war
rants were quoted nominal at 5105S and city
time certificates at 81.
state warrants were duh and lower, being quoted
at about 40 fer large, 420A for medium, and i1052
fJr small. No sales were reported.