New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-06-22
MONETARY AND COMMERCIAL.
MONETARY.
NEW ORLEANS REPUBLICAN OFFICE,
MONDAY EVENING, June II, 1875.

MONETARY.
NEW ORLEANS REPUBLICAN OFFICE,
MONDAY EVENING. June q. 1873.
The demand for money aPpesrs some
what less active to-day, but We have nc
other change to notice in the market. A
| moderate business was reported at the
| banks, which absorb most of the shOrl
| paper offered. Stocks were stagUant. only
| a single transaction being reported. New
State consolidated bonds we're quiet. The
| sales reported ut 81 y after the pay ment OF
the 312 Y cent interest coupon show nc
material change in values. We learn thai
the Louisiana National Bank paid to-day
| AZ agent for the State. about CSC, 900 Of il.
tereet on the new State cOnsols. City gold
bearing seven per cent bonds exhibited
| considerable activity and closed at an ad
vance of ut least ] T. cent On Saturday q
quotations.
We continue 60 quote first class sixty dav
paper and collateral loans at 8>G,s y cent v
annun. Al do at 10 a ~. and second grade
at l53ls First class mortgages still rule
at $40 Y cent v annum. while second
grade are entirely nominal.
NEW ORLEANS CLEARING HOUSE.
Jun. 70 *sssss e fs'12se s
Thus far thi. week 8 68I s66 6, az-l $50 8;
Total week before 6,Os5 6Is Os "a oos %
Gold opened at lTall7A. against III.
ct New York. ard after fair bust.
ness closed at Il7A Ol,7t: thc higher than
Saturday. against ll7ha in that market.
The sales summed up $4,000. embracing
$1,000 at III. $1,000 and $4,000 at HIS, $4,000.
5000 and $4,000 at ll7A. $4,000 and SIS.
600 at ll7as. and $4,000 at lI7i4 a fl7R.
Nc sales of silver were reported. Amerie "a
halt dollars were still quoted at l09 q i09+a,
and Mexican dollars at 1880, gold.
Owing to the decline in bills at New York.
commercial sterling opened ITO y cent
lower, while bank remained unchanged,
but under the subsequent advance in gold
falling of. while the latter adv anced 10 T.
cent. The movement. was limited, the sales
being confined 10 $500, embracing $500 AL
clear at 6 81 W, $500 bill Of ladiDg at
s. FisIs. fl00O do at 8, 69, 4i5u0 hank at
s. -, and 1000 and $1,000 bank At s, .2l..
Francs were unchanged at the opening,
bu, under the influence Of the advance in
gold a, New York improved about LILO y
cent at the close. Tho only sale reported
was $1,000 commercial at AZ.
At the close sterling bills were quoted al
"a 49,. al l?i. for bill Of lading and al
clear. and 81 400-- for bank, and francs 1t
l.431. ~ 1919 for commercial and 100
for bunk.
We noticed but little movement in stocks.
The only sale reported was 3 shares Sun
Mutual Insurance Company at e76.
There was considerable activity in city
bonds. particularly gold bearing seven peg
cents. which closed fully per cent higher
than on Saturday. The sales and reaales |
$4,000. embracing $1,000 at :s6'.;
elOO0. $4,000 and $1,000 at 361e; $1,000 and |
$1,000 at 363s: $1,000 at 3Gaa: $1,000 at 367s: !
$1,000 and $1,000 at 81 u. $1,000 at 81 v: $1,000.
1000 and SO. 900 at 81 ". aud $2O.000 at 50. !
At the close $4,000 was offered at 37is. We
also noticed = sale of $4,000 new currency !
seven per cents ut 35A: they were quoted !
1t the close at about Sc.
The only sale reported in new State coz.
olidated was $4,000. ex coupon, at 5Iax
Nothing transpired in city scrip. II was
quoted at about 390-.
No Gales of Metropolitan Police warrants
we're reported. They were stlll quoted a.
- nO.
No transactions were reported in State
Warrants Of 1874 were still
luoted at 4Oa42; 1873 and previous years,
at 36 81. and do. not fundab!e. at
:. a 30