New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-02-12
MONETARY AND COMMERCIAL.
MONETARY.
NEW ORLEANS REPUBLICAN OFF1CE, /
THURSDAY EyRNING, February II, 1875. }

| MONETARY.
| NEW ORLEANS REPUBLICAN OFFICE,
l. THURSDAY EVENING, February II, 1875.
There is but little movement in the money NAL
| ket, the demand for discounts at the banks 10 q
moderate extent. and the offerings on the stree
| are limited. while the few transactions IN com
| mercial paper indicate no auotable variation II
rates. The abundance of money lying idle !
since the war has there been such q plethora. W
loans for sixty days at sac y cent p annum, 4
| do at 10al2, and second grade 81 l31ls
| First class mortgages are inquired for at 90l0
| cent " annum; but it is extremely difficult t
| negotiate any others.
NEW ORLEANS CLEARING HOUSE.
v.,, & cI lea IL :, BAL Ba!a nc E
FeSrusryy s..:......... a.2os,8S6 81 256,ai4 3
February 9.. Legal holiday.
February Io ~ -. 81 1922 ls3 sS2
February ll........... 3ooo,uZ' w INo9I
Thus far this week: sls;Is7 ls2 "a ssss4s2 s
Same time last week. 1910 s9 81 897,5s7 0:
Total last week.. 1924 l34 6l 1,2l7, 335 II
Total week before lo,8l9O62 n7 1.276. 1888 o.
Gold opened at la p 0ll4ss. against 1I4ss at New
York. and after moderate business closed at
lHk0ll4h against HAS i'll that market. where
it touched ll4h during the interim. The sales
summed up 5000, embracing 8 1000 at l14h:
1000 20 and $4,000 at HAS. and $4,000, $4,000 and
No sales of silver were reported American half
dollars were still quoted at los Dlo7;s while Mexi-
Can OOllaI8 now rule at S1S, gold.
Under the influence of the decline in gold ard
bills at New York the closing quotations OF sterling
we're $40 y cent lower on the inside and SO on
showed falling off of only $40 net The move
ment was of fair extent, amounting to G65 200.
comprising 2s9eo Obj bill Of iaapg at g 80 o Esq
5 50; s7oo bill of iadng at IS So; $4,000 Al clear at
at s. Slk45 SIX; 1000 bank at S. 81, and $1,000
Francs were also lower. The sales comprised
AS 900. embracing 200 900 commercial at 4.57 1885,
600 do at 4567s; 10000 at 456l and $1,000 Swiss at
At the close sterling bills were quoted at s5 40
as 81 for bill of Iadng and AL clear and S. 81
4.52h for bank.
The offerings of domestic exchange were of lib
eral extent, and rates were a shade higher for
both commercial sight and the bank checking rate
On New York. The sales of New York sight covered
1924 900, embracing Sll 600 commercial at 4 y
$50 900 do and so SIS 600 and SIS 900 priv
,ankers' at 532 5000 and + Is 600 commercial
b2S GOO private bankers and $4,000 bank at
The banks checked on New York at par. and |
sight vas quoted at OK y cent dis |
,ount against y cent discount to par for the |
Ormer and 3.l6O- for the latter. !
In stocks We noticed sales OF 200 shares Louisi- |
ma Levee, preferred, at 81; 400 at 81 2f, and 500
lisa so; 200 Crescent City Slaughterhouse Com.
raiders Insurance Company at $50 50, and -
lew Orleans City Railroad Company at
no safes OF DOuO6 luCuOeQ y WUU new CITY SOlO
caring seven per cents at 3S; SPOON do at 80 and
ome jackson Railroad mortgage bonds. Of which
he particulars were withheld. City gold bearing
oven per cents closed at about 33038h and new
tate consolidated seven per cents at about 43. |
No sa!es of city appropriation certificates were
ep0rted; they were quoted at the close at about |
!;
Under the influence Of the denial of the rule to |
liSe the injunction previously referred to, Metro
olitan Police warrants closed entirely nominal.
No sales of State warrants were reported. Old |
ere still quoted at 21028, while new ruled at
ass.