New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-22
Monetary--Commercial
MONETARY.

| MONETARY.
OFFICE OF THE DAILY REPUBLICAN, /,
SATURDAY EVENING. February 81 1874. J
| We have change to notice in the money mar
| ket, which continues quiet and easy, with Light
offerings at the banks and a moderate demand fo1
discounts on the street. The few transactions re-
ported indicate no quotable variation in rates.
We continue TO quote first class paper, with col
laterals, at l00H ~ cent y annum, without col
laterals at II; AL at 1O1k " month, and second
grade at .. First class mortgages rule at lO0ll y
cent p annum, but nothing is reported in second
NEW ORLEANS CLEARING HOUSE.
February z..:....... s2,oso,7lo3s slso5ss Il
Total last week.. l4,536, $50 50 l,5O.5l3 Al
Total week before :. lI,3S9,62l 81 1104 1928 81
We are indebted to Mr. I. N. Maynard manager
OF the New Orleans Clearing House. for the follow
ing:
VIEW ORLEANS February 81. 1874.
BANK sfA7ENFNT COMPARED WITH PREvIou. WEE.
nsno.,.. Increase re- Sc: Decrease
pepoei's...... .................eltOU 900 ......
Loans. observation-disclosures. ...... 81 600
specie .-........ .............. 5000
currency ........-...... .....: 59o,oVo
The following kilograms were posted a. the Cot
ton Exchange:
new YORK. February 81 1850 A. M-Money rate,
sa5. Carrying rate, gold So.
7. M.-Carrying rate; gold. :. Money rate ias.
LONDON, February 81 $3.50 P. M-Amouut Of bul.
da1 3soooo a'' N' '"D' Eng "Do 'n '''AD'e 10
Gold opened at ll,s4 0ll2,., agsns. 1925 at New
York and after liberal business closed al 1929
l12I, against ll2'4 in that marker, where it
touched 1929 during the interim The sales
summed up SlOl Oc6 <mbracin $50, at 1l29s,
$4,000 and $4,000 at lips. 5000 and 20 900 at
1924 and S 10, O0J at ll27s.
No sales of silver were reported. American half
dollars are still quoted at -0llO. and Mexican
dollars at ll03alIl
At the opening sterling exchange wac without
gnotabe variation from Yesterdays closing fisaIes'
balanced by the decline in bills In that market, and
a shade weaker feeling IN domestic exchange here.
but at the close bank was quoted 10 y cent
higher. The sales were of fair extent, amounting
to POO comprising $4,000 and f2000 bill OF
sd d ss s. q 14 49, b Pm L. Of dadng a, 81
at s. 43a5 II; 600 bill of lading at SIS 49,
"A; s6ooo bill 81 lading and Al clear, and s4oeo
& 5000 bank at -, and 4l2oO do at SIS Al.
The sales Of francs comprised 100000. en- bracing
80 00O 10000 and 600 commercial at 463a.: IS,
900 Swiss and French at =; 10000 private bankers
at 60, and rs, GOO do at 451 y.
In German marks We noticed sale Of 25O0oO
at.
At the close sterling bills were quoted at
IS 1875 a for bill OF ladlng and Al clear, and
IS 4605 ~ for bank. and francs at 4.e3a4 for pri
vate and nominal at 4.t0G4.59aa for bank.
The offerings of domestic exchange were of
fair extent at the opening but moderate at the
cose and fsC mn hs was weaks S closing at
covered $3.50 900, embracing sl5,OO0 commercial |
and 1000 $1,000, $4,000 and $4,000 private !
and $4,000 commercial, s2OcOO, S25 1000 So 900, |
IS, coo and $4,000 private bankers and $50 600
and private bankers at S 80. We also
noticed sale Of $4,000 commercial on Providence |
It par.
The banks continued 70 check on New York at |
I p cent premium, and commercial sight was
luOled at i a per cent premium.
No sales of stocks were reported
City gold bearing seven per cent bonds continued
n request and closed at about 571s, against 81 @ |
~ Yesterday. The sales and 1esales were liberal ]
umming up SIS geo and embracing 5000 at 56Ie:
5000 at Sc 5000 s. 10000 $lO 900 and S IS coo
t 81; $1,000 $4,000 and $4,000 at 81 i; $4,000 at |
~. and $4,000 at 57]s. There was also sale re- !
orted of S50oo old city consolidated skies at 65.
City appropriation certificates were unsettled, |
uoted by come authorities at GIL. and by others
/ 62a621. and IS.
The sales of Metropolitan Police warrants m
luded $500 at -. and $4,000 at 69a4, $4,000 at
and $1,000 at 701s. The market closed at 69d7O |
State warrants were still quoted at about 50 for
Lrge denOm nations and 53d55 for small. No sales |
ere reported.