New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-17
Monetary--Commercial.
MONETARY.

MONETARY.
OFFICE OF THE DAILY REPUBLICAN, I
MONDAY EVENING. February 16. 1874
The Following kilograms were posted at the Cot
NEW YORK February l6, A. M.-Money rate 475.
Carrying rate, gold, S.
P. M.eCarryng rate, gold. s. Money rates
LONDON, February l6, 800 P. M.-Amount of
bullion withdrawn from Bank of England on bal
months bills Ill the open market is 3 Lilo.
NEW ORLEANS CLEARING HOUSE.
February 4.......... S3,SI7, 321 38 1920 634 81
February l6.......... $500 64 G6 3e064O II
Thus far this weak s6,,la4a5 "a s6ol. 3a4 SO
Same time last week 4l20,8l2 o. 431 ,533 50
Total last week.. II ,33962l 81 :,loi828 81
Total week before. 10 5768l0 10 1886 SOP 40
We have no new feature to notice in the money
market, which continues quiet and easy. with a
moderate demand for discounts at the banks, and
light offerings on the street. The transactions re-.
ported in commercial paper indicate no caria.
lion in rates We continue to quote first class
paper, with cOllaterals at i0Ol2 y cent T. aunum,
without collaterals at II; AL at l1I1. y month,
ard second grade at 2. First class naortga yes
rule at lG0ll v cent " annum. but nothing is
reported in second class
Gold opened at liz 4 0ll2h. against if23. az New
York: and, after fair business. closed at 1928
Clips, against the opening rate in thai market,
where it touched ll2h during the ,nterim. The
sales summed up $4,000, embracing + 10 900 a.
ll2 3l6 1900 at ll2i S $500 and $50" at liz AZ
$4,000 at ll2li 1ll21s; and 5000 at ll2l.
No sales Of silver we're reported. American half.
dollars are still quoted at .QI!0. and Mexican
dollars at ll01s Olll.
The movement sterling exchange was OF Zine.
raj extent, and under the influence of a good de.
mand the market closed 2-l0 T. cent higher than o .
SATURDAY for commercial bills, and 2-l0dsi0 for
bank The sa.s' amounted TO 995, 100 comprising
SlZe0 and $3.50 ~. If ladlng, and $4,000 Al Clear
al So Al ~" HI of lading at S. Ala: Az.
g 600 and $500 - clear at S. Az; ei600 and
i 10 900 bill os s.ls Al s AZ .20oe hill of lad.
ing and AL clear at SIS i2N5 42i.; { 1000 do at
s. 4lg5 -; & 10 300 oank at s3oee do a: s. ts1..
The sales Of francs included :;S'e a: a6:. and
100. 900 at 4.6j 0i.6j!,.
In German ,na... noticed saies OF so 900 and
60 600 at
Al the clo-e sterling bills we've quoted az S4iAn
AZ for bill of ladIng ard al cl-a, and s. 3,
for bank, and francs at s.659 Les. tov private.
and nominal for bank.
The offerings of domestic exchanges were of :ii..
eral extent, and the rates of CONNIE rcia. were q
shade higher than on Saturday. The sale. of New
York sight covered 100000 embracing i IS 90,
private bankers and S2000o. $25 0fe and Is 600
bank at par, S25 0j0 and $50 900 bank a. l.32 2
cent discount. b25,Oe0 and S35 0dO commercial.
Slo. 900 and s 80 900 private bankers and S2sH0u
bank at lilo, $4,000 bank at Il. and 5 900 am.
mercial and b25 900 private bankers a. 4, There
were also sales reported of Slo 900 commercial on
providence at 5.l6 T. cent discount. 500 900 Oh Bos.
ton at a and $20, 900 and $3G 900 do at =.
The banks continued to check on New fori; a:
par, but commercial sight was quoted a; pay4 X
= cent discount.
No sales of stocks were reported.
In bonds We noticed sale of city seven thirty
improvements at i6h. City gold bearing seven per
cents were still quoted at about So.
No sales OF city appropriation certificates were.
reported; they were still quoted at 63U-.
Metropolitan Police warrants were Guotei At II
az, against Y on Saturday. No sales were re.
ported.
Nothing was reported In State warrants. .y,,ic,.
ass for small.