New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-02-24
MONETARY AND COMMERCIAL.
MONETARY.
NEW ORLEANS REPUBLICAN OFFICE. J
TrEAnAY ErRHINa Rehrnarv Il IQrS

NEW ORLEANS REPUBLICAN OFFICE, I
TUESDAY EVENING, February g. 1875.
we have no new feature to notice in the money
market. The offerings are Of moderate extent at
the banks and limited on the street, and the few
transactions reported in commercial paper are at
paper and collateral loans for sixty days ct eSs p
AZ a. s ta@S The few transactions in mortgages are
III nrst class At 9010 p cent annum; other grades
are apparently without any movement.
NEW ORLEANS CLEARING HOUSE.
February 20. i9e5 SO o. sl5o.z3s Is
february 2........... Legal holiday.
Thus far this week. s272s472 80 s3ls5lo IS
S same time last week. 1885, 81 IS 694 AS SO
Total week before. TO- 1872 IS 1922 81
n, we learn that the committee appointed by the
City Council on funding the city debt. etc. report
placing it in charge Of an association Of bond.
holders to administer it to realize the accru
iH interest on the bonds and BY thus relieving
uoiG opened at 1l4as 01l4A; against ll4M ct
New YORK. and after moderate business closed At
sales summed np ia embasc %erxsa $1,000 rss
nag $4,000 at ia GIG. $1,000. $4,000 and $4,000
at ll4ss, and 5000 at has 0ll4'l.
dollars were still quoted at 1070lo7'a and Mexican
Owing to the decline in bills at New York, and
ket, commercial sterling, compared with saturday
was LILO per cent lower, while bank exhibited no
variation The movement was Of liberal extent
amounting to 468O0O, comprising 46OOa bill of
adlng at @3 49h $1,000 do IS 49G5 So e2S 900 do at
S5 499a as So 25OOO do and $4,000 Al clear at SIS So
42otoO do at IS 5O05 50l $4,000 bank @5 52h,
and & 1000 do sight at IS 81.
Francs were also lower for commercial but the
emily sale reported was IS, 900 at 4.57A.
At the close eterliDg bills we're quoted at SIS 40
% ~ for bill Of iading and Al clear and as 49,
ior BANK, and francs at 81 58aa 14.57k for com.
mercial and 453A for bank.
The offerings OF domestic exchange were fouite
lberal extent, and with good dei. and CONNER.
CA! WAS shade higher. The sales of New York
sight covered $40 600, embracing S 100 900 com.
nercial and s 10 600 and $4,000 private bankers
g. par; $4,000 and $4,000 commercial and
$4OOoO and $50 600 private bankers at l-32 cent
premium, and 100000 private bankers and
5 100, 600 bank at Lie
The banks continued to check on New York at
4 cent premium, while commercial sight was
quoted ~ parO-, against par on Saturday.
we noticed quite an active movement in stocks
Ine sales included % shares Mutual National Bank
AT W. 70: Crescent Mutual Insurance COmuanv
at 1868; 20 State National Bank at $3.50; aid is
FACTORS and Traders' Insurance Company at $50;
Is DO at SEQ 50: 20 New Orleans Gaslight Company
ct Sl24; 20 do at SIPS, and Is New Orleans CITY
hallroad Company at $l43 50.
Ii bonds We noticed sales of $4,000 new State |
consondated seven per cents at A; $4,000 do at |
~; $1,000, $4,000 and 900 do at As and $1,000 |
'ty gold bearing seven per cents at 37a
NO sales OF city appropriation certificates were
eported They are still quoted at -04O.
Nothing TRANSFERRED in Metropolitan Police war.
ants They are quoted nominal 1t 5Oa55.
No sales Of State warrants were reported, Old
4055. " ''"'