New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-11-29

NEW ORLEANS REPUBLICAN OFFICE,
SATURDAY EVENING. November 70. 1874
We have no new feature to notice in the money
market. which CONTINUES quiet and easy. with
moderate demand for discoun,s at the banks, and
limited offerings OF the street. The few transac
TORS reported in commercial paper inSlcafe no
Change in rates. We continue to quote fret class
paper with or without col atsrals, At ga p cent
j. anuum. AL do at lOdl2 and second grade ut $50
II y cent y annum, while nothing 10 reported
in second class on which to base quo'at ons.
NEW ORLEANS CLEARING HOUSE.
Clearings Balance an e. =,
same lime las. week. l.5l25s 3. las - q q
Total last week loao3 DAB 81 .S5 .5,s ~
Total week before. 9,.0,2'. " SOl,3l8 Al
We are indebted TO Mr. T. n. NJ .ynard manage,
Of the New Orleans Clearing House, for the follow
ing compare statement OF tho associated ban ks
for the week ending to-day:
Increase. Decrease.
Specie. ACKNOWLEDGEMENTS. e3' 600
Currency. ..................... eIoo.uW .'''.'
Loans. ..... ................... lioOv ......
OeoosltS ....e...... ............ V"o'V '.''''
The improvement in gold bonds TO day furni hes
additional evidence of the remark III our 'a't RS
port that confidence in city securities was lncrcas-
ing that the expected postpo,emsnt OF the De
cember interfet had heen discounttd, aud That Inc
market was firm, with ID sfrong undertons. Atthe
same time there s an impression in some wcii-la-
formed circles that unGer tho usual settlement
with laborers and olekeepers toward the close
of the year, and probable demand Tor speculative
purposes. the money may be expected to harden in
ilbera sales of cotton sugar aud noIassrs.
Gold opened at lllh dlll'4, against Ills at New
summed up 90 90, embracing. $4,000 at Ill 4,
s,s ooo .na s2so :, M, $4,000. $4,000 and
Under the influence of the advance in gold at
New FORK, sterling ruled Ito y cent higher. The
sales amounted to about Gf5 900, comprising 92ooo
Al clear ut SIS 81: 1000 1909. E2O and & r. 800
bill lading and S250o II clear at IS 3.}.: 1900
bill Of iading at - 81 \ as 81; S8iso do ami 42oco
4 lnt.. l. : n IAIJ M
at -: 1000 first class y; IS 20. and $1,000 and
s 1900 bank at IS IL.
their decline 1T New York coun.., acting the ad-
vance in gold, buyers being un~il.iIg 10 pay the
advance. The sales amounted :" $40 600 Gem
mercial embracing COCO" " 'so 1o''oo and 900
a, the close sterliue bills quoted 1t IS 311t
ao 80 for bill Of ladpg and 81 cies1 and - Al O.
for bank, and francs AZ 46l 016b Tor com.
mercial aud Ab3s4 "a 625a tOc banA.
The offerings OF doInesti c exchange were of lin
ersI extent, and meeting with only u falr demand,
comm. rcAl closed shade g cir. The gales COW
cred $3l0 goo. embracing 32o 900 commercial! at =
e ea o niSeea ~ oco ana s~ s,c
bank At l6; $4,000 commercial at fl3 ~.
and $50 600 do $1,000 $4,000 s o0o and s 10 600
private bankers and 20 600 bank at IL 3D. We also
noticed sale of SO, 600 CONNIE rCai on PrOvi-
dence at s Y cent discount.
The banks continue d TO check Oh New York at :
= cent discount Will, commercial vas quoted
at 7l6 az ainst 80 yesterday.
were reported At Sos
City gold bearing seven per cents were in good
demand and higher. closing at 80 d3S :, an i'm
amounted to SIT coo, embracing F4O0o and $1,000
At 3.a 5000 aud B5tOo a; 81 "a 5000 and 5 10 Goa
at 37. 5000 At 3s... 1000 1T 3ss and $40 oCo
ana $4,000 at 38k
Nothing reported in city scrip. City appro-
priation certificates, Metropolitan Police variants
and time certificates of 1879 we're still quoted at
4ID42.
STATE war; ants are apparently without move.
ment and are still quoted nominal ut AS9 foE 0id
and - 14s for new.