New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-03-23
MONETARY AND COMMERCIAL.
MONETARY.

MONETARY.
NEW ORLEANS REPUBLICAN, OFFICE. !
NJ SDAY EVENING, March z, 1879. !,
The money market continues quiet and easy
with limited off-riLgs at the banks and on the
street and without quetabie variation IN the rates
of commercial paper. We continue to quote mrs!
809 u cen; y annnm; Al do l0dl2, at and 81 cond
grade at l5DIs. First class mortgages rule at
800 p cent annu'n' while second grade are en-
NEW ORLEANS CLEARING HOUSE.
CeariDgs Balances.
March co. co. 40 s,o 1S s 'so 20 20
March 2...-.......-.. I,3od.9'' '- i'"''' 10
Thus far this week So ees, 4o5 81 Sz7ss3a Il
Sa time last week. 3 45i o97 VI ZI8o Us
Total last week....... 10 ISL Zo5 ~ 5l.l.3 70
Total week before go. II 1854 O67 81 l,O5s.642 SO
Gold opened at Il6s 0lI64 against ll6,s at NV
York, and after lnIited business closed at ll6D
iisk against the oprning rate in that market,
where il touched ll6li during the interim. TIE
sales sqmn.d ~ $1,000, embracing $lSc ood at
5000, $500 aud SIS 900 at Ii6A.
Nothing transpr Il in silver. Amerit an BALI dol
iars low quoted at l08Gl08k while Mexican
dollars continue to rule at 81 ask gold.
Sterling opened at previous rates, and owing TO
the early adva Of &c in god at New York.
soon rose III v cent; but on gold hnb;e.
quently losing &c Of lis Improvement, and the
dropping tendeIry in bills becoming established
in that market. cloeed 70 " cent lower than the
opening for commercial, and 2-lo for bank: The
supply vac light, and the movement was OF mod
crate extent amounting to only a. % sou. compris-
ing 1000 bill of ladng at IS 50 ~ 5000 American
ships bill at SIS SO; 800 Al cl-ar at IS 534;
f55o0 hill of ladirg and $4,000 do aud Al clear 1T
IS s305 81; $4,000 al" 2I0,t00 bill of lsding
aud 425OO Al clear ut SIS 81, and s2oO0 bank, i'll
gold. AT u BIZ.
Francs ruled at a slight Improvement for CON-
mercial but without qLofnble vara' ion for bank.
rhe movement WAS Of fail extent, comprising
IT'S 0n0 commercial, embracing 200 600 at -, aud
rs 0t0 IS 600, $50 900 and 32A, COZ at 4.5i3e.
At the close sterling bills were quoted at $35 $50
s 81 for bill of iatng AVID al clear. and SIS 81 for
hank. ard francs 81 57.s for commercial and
81 53a4 for bank.
The offerings of domestic exchange were of
libe,a extent and met with fair demand at a
shade higher for commercial, but without quotable
va iatinn. The sale of New York sight covered
$2.5 900. embracing $40 900 and 62O."O0 CONNER.
ciil .t 5-31 " cent premium, $4,000 and $4,000
do ard $4,000 private bansers' at 3l6. and
+ Is, 600 private bankers and $40 600 bank at
1872. We also IO'iced sales Of $2 600 CONNIE Tci-l
on Providence al l6 " cent discount, and 1000
10 and $30O on Boston at 4.
The banks continued TO check on Rev York at y y
'ent premium, and commercial sight was st
quoted AZ 03-l6
No sales OF stocks were reported.
In bonds We noticed that rev city seven per
,eDts were about y cent higher, while city gold
bearing per cents were une hanged. and new
'tate consolidated seven per cent closed about
p cent lower at the close than on Saturday. The
sales inc uded $4,000 city seven per cents at |
a. $4,000 city gold bearing per cents 36aa;
: 5000 III Stale consolidated seven per cents ut |
81. and : 900 DO at 50.
Nothing transpired in city scrip.
Metropolitan Police warrants continue without /
ny apparent movement. and are quoted entirely |
iOmDaI.
No sales Of State warrants were reported. Old |
,ere still quoted ut 3I0- and new at 50052 while
sgislalve per diem ruled at about IS, against IS
u Saturday.