New Orleans Republican., 1875-11-16
MONETARY AND COMMERCIAL.
MONETARY.
NEw ORLEANS REPUBLICAN OFFICE,
MnSnAY KrRN1Na Nnyeml,er Is lE-S


NEw ORLEANS REPUBLICAN, OFFICE,
MONDAY EVENING. November Is. 1875.
We have no material change to notice in
the money market which continues quiet.
To-day fair demand for discounts was re.
ported by the banks which generally alb
sorhed ali the eligible short paper offered.
On the street the inquiry for money was re-
ported moderate, without change in quota
tions for CONNER cal paper. The local de-
msnd for cash gold, and its continued
scarcity maintained the price above the
selling rates at New York.
Foreign and domestic exchange were in
fair supply, and under good demand a
fair movement was reported in both. Only
few transactions were effected in stocks
and securities, which were without material
change, with the exception of better in
quiry tor city premium bonds, attended by a
slight advance.
We continue to quote collateral loans
and first class commercial signatures at
l00I2 v cent T. annum discount; Al do
at dlA y month, and second grade at
l30-. First class mortgages continue
to rule at 10 v cent T. annum; second
are grade entirely nominal.
NEW ORLEANS CLEARING HOUSE.
Clearings Balances
November b.. LIB 2o4 os s22i.S23 20
November lS-.... ......... 2,l7l, 100 01 233 o63 81
same time last week ... 4 Gs SIS il 5lsG28 50
To!aI TO a last week HI22 3l4 Ss la25 gs5 O
Gold opened at ISIS ll5as, against llis4
at New York, and after moderate bust
ness closed at ll5a lisa tthe same as on
Saturday, against lliL in that market.
The sales summed up S2s.000. embracing
$1,000 at lliA; $1,000 at ll4&; $4,000 at us,
and $4,000. $4,000 and $4,000 il5ls.
No sales of silver were reported. American
half Hnllarc still OF a,
and Mexican dollars at SO a 93ls gold.
Under the advance in bills at New York
sterling was quoted 10 higher, and francs
!, v cent. The movement in both was of
tair extent. The sales of sterling comprised
$4,000, embracing $4,000 AL clear at s. IS le.
el500 do at s. i6, ei0o0, 900 and e20 00O
do and bill OF lading at s. 46a5 4Gle; ea500
$4,000 bank at 10 so.
the movement in francs was liberal.
amounting to 6s0o00 commercial, comprs-
ing $4,000, 10000 and 100000 at 4.6334:
100 600 at 463 Il, and 80, 600 at 4.G2la
We also noticed a sale OF $4,000 German
marks at l061a.
At the close sterling bills were quoted
at IS 45le as 464e for bill of lading and Al
clear, and nominal for banb, and francs al
4.63& for commercial, and nominal for banL.
The offerings of New York sight were of
fair extent, and met good demand st
little higher rates for commercial The
sales covered s2i7 900, embracing $4,000
and $4,000 commercial at le y cent dis.
count: $4,000 and e25,000 commercial and
10000, $4,000 and $4,000 private bankers
at 1912; $4,000 and $4,000 commercial and
$1,000, so, 600, $4,000 and $4,000 private
bankers at 7.l6, and $4,000 of the latter at
7-l60 Is. We also noticed sale of $40 600
commercial on Providence at gle y cent
discount.
The banks continued to check on New
York st "a y cent discount while CONNER
cial sight was quoted at 7-l6 q as, against
y d7-l6on Saturday.
The sales of stocks included shares
Workingmens bank at o. 25, and 10 New
Orleans City Railroad Company at sI23.
In bonds we noticed more movement IN
city premium issues. which were quoted at
the close at about 26k, against 25k on Sat
urdav. The sales included $2G00 and $1,000
at 25 ", $4,000 at 25%, $1,000 at 257s, and
fl200 at 26k. No sales of other bonds
were reported. Other city issues and new
State consuls we're quiet and unchanged.
Nothing transpired in Metropolitan Police
warrants; they are still held at 72a-.
state warrants of 1874 issues continue en-.
tirely nominal, and 1873 and previous years,
are still quot at. 35 &c. and do,
not fundable. at -a29.