New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-01
Monetary--Commercial.
MONETARY.
OFFICE OF THE DAILY REPUBLICAN,
SArrRDAY EYKNrNG January 81 lR14

1
OFFICE OF THE DAILY REPUBLICAN, /,
SArCRDAY EVENING January 81. 1874. !
We have no new feature to notice in the money
market, which continues quiet aud easy with a
moderate demand for discounts both in bank and
on the street. The few transactions reported in
dictate no change in rates. The Clearing House
statement for the sweek shows some increase in
deposits. but The Currency balances and the dis
counts lines exhibited very little variation We
continue to quote. first class paper with unexcep
tionabie colaterals. at l00l2 p cent y annunl;
second grade at 2. First class mortgages continue
TO fu!- az -Ul0 v cent b aunum. and second
.rste .. !lQll.
NEW ORLrA:S CLEARING HOUSE.
, Gs aa9r. Balance B Ia, sss .,
name time lass week. 965 800 p 1852 81
Total last week.... ll8i5. O53 - !, 386 SOP AZ
Total week before. IA 30. 900 g: !.2ol ,295 81
The following telegia were posted at the Cot.
NEW YORK, January 81. A. M.-Money rat. I;
Carrying rate, gold, .n'.
LoSDOS January 81, 81. r. H.-Amount of
bullion gone into Bank Of England On balance to-
Gold openes at ili.s ANA. against ili;s a. New
York, and, after II,r business, closed at the
opening rates. against lll1. III that market The
sales summed up 485 00o embracing $4,000 and
s2ooo0 at !!!'. $4,000 at III =. and 100000 at
30 sales Of silver were reported American half.
dollars are still quoted at !G"a l091. and Mexican
dollars at ITO.
The movement IN sterling exchange was of
liberal extent, without any quotabe variation IN
ratae the advance III gold at New srk being
sounterbal anced by the Cecline in bills in that
market. The sales amounted 10 $50 800, cOmplis-
ing G20p BIZ of lading at s. 81 =; $500 biz OF
iadiug % 3205 81; G2500 IS 900 bill of
lading and AL clear, and $500. 425cn and $4,000
bill of ladng and AL clear at SIS BY; S2UW bill of
lading at IS 3203 49, 5000 bank at SIS a5;
10000 do at - 35}l a. 80. and $500 and Gl2oo do
at b5 &c.
The onIy sale of francs reported wss 50 900
commercial at 40.
In German marks we noticed $50 900 az l05 L.
AT the clO.e sterling bills were quoted at b3 81
rs 32l for bill of laiing and Al clear and IS 33d
IS for bank and francs at AIS for private, and
nominal for bank.
The offerings of domestic exchange were liberal,
and commercial was weaker without being quota
Dv lower. The sales of New York sight covered
$3.50 600 embracing $4,000 private bankers at },
j. cent discount Is 0Oo s25 900 s As 900 s6OOO and
4,2J, 600 ut 1852, and $50 900 commercial, $40 900
and 100000 private bankers and S25 600 bank at
10 There were also sales Of + 10000 and 500 900
on Providence at s. " cent discount.
The banks continued to check New York at
u cent discount, and commercial sight was
still quoted at 7lGdh y.
In stocks we noticed sales of 100 shares Louisiana
Leyee pTeferrs at Sc 50. III which there has been
moro movement recently; 25 Factors and Ira
ders Insurance Company at b8i so and IS Calca-
seu su pher Mining Company at tl2 so.
In city tgOld bearing seven per cent bonds
we noticed some difference in the diffent series,
the market closing at 5la5il. The sales in
cuded $40 900 and $4,000 st ST. B5O0v at 81 i and
$4,000 at 5ls.
Nothing was reported in appropriation Ger.
tificates, which We still quote at 56057
Nothing TRANSFERRED III the Metropolitan Police
which were quoted at 66a67 for both
new and old.
New State (Clinton) warrants were quoted at
about IS. No sales We're reported.
The sales of old State tGraham) warrants in
Guided $4,000 and 1000 at 81: and bl3 900 .. 81 IL
they quoted at 5l032