New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-11-30
MONETARY AND COMMERCIAL.
MONETARY.
NKW ORLEANS REPUBLICAN OFFICE, !
MONDAY RvRNINa November %, 1875. :

MONDAY RvsNlss November %, 1875. :
The money market was quiet and gener-
ally unchanged. Offerings were light on
the street, eligible borrowers being able to
obtain all the discounts wanted at the banks,
where the demand was somewhat more
lively than on Saturday. Cash gold was
scarce and in demand, the rate still ruling
above New York prices. 1t was rumored
on the street that considerable amount of
gold had been received to-day, but our in
quiries failed to discover any receipts by
express, steamship, steamboat or rail, ex-
Dept $3.50 per steamship Mary, from Corpus
Christi. Foreign and domestic exchange
were without change in rates. A moderate
movement is reported in both. We heard
of some movement in bank and insurance
shares of which the particulars were not
reported. Sales of moderate amount of
city bonds showed no change in quototions.
New State cOnsols we're quiet at about pre-
viOus figures.
We continue to quote exceptional paper at
900 v cent v annum; AL do at 90; and
second grade at 150l8. First class mort.
cages rule ct 90lO y cent y annum;
second grade are entirely nominal.
NEW ORLEANS CLEARING HOUSE.
S EoyemSss 5Ss..."....sl s. o. sl5ssls g
november Zs'..''........ I,7st,S6t II III SOS IS
Thus far this week. ..s3a4s,o2s q s2oo,O22 %
Same time last week.. 3,s4a7i1 u 81 0S6 II
Total week before. ...... l2,o4s0ss "a i2457ls IS
Gold opened at 1853 0Il5as, against
HAS at New York, and, after a modera- 3
business, closed at 1l514 01l5h. The sal =
amounted to $4,000. comprising $4,000 ~
ll1B; $1,000 at lis; $ll 900 at ll5as a
ll54, and $4,000 and $4,000 at ll5h.
No sales of silver were reported. American
holf dotloro afill tal o< al
and Mexican dollars at s4h a. for gold.
Foreign exchange was q little stronger
and the movement was quite moderate. The
sales of sterling comprised only eos 900,
embracing $4,000 bill of lading at s. 1870
5 Ash: $500 do at IS 4Sl4, and f65O0 do,
and $4,000 do and AL clear at IS 1915 40.
The sales of francs comprised 100000,
embracing $4,000, $4,000 and 100000 COM
mercial AGO.
At the close sterling bills were quoted
at Us 1895 40 for bill of lsding and Al
clear, and ats SO for bank, and at %
IS 53lf for the bank counter rate. Francs
ruled at AGO for commercial, and nominal
for bank.
The offerings Of New York sight were of
fair extent, and met good demand at
previous rates. The sales comprised
$4,000, embracing $4,000 and Sill, 900
commercial at y y cent discount; $4,000
commercial, 100000 private bankers and
$4,000 bank at 1916 $50, 900 private bank.
ers' at 5-l6 1882; $4,000 private bankers
at 9-32, and $25, 900 bank at Y.
The banks continued to check on New
York at Y v cent discount, and CONNER
cial sight was still quoted at SIG.
No sales of stocks were reported.
There was but little movement in either
city bonds or new State consols, and the
market was without QuOtable variation
from Saturday for both. TIE sales of the
former comprised $4,000 city gold bearing
seven per cents drainage series) at 26k,
and $4,000 at 26ss. A few small transactions
of new State coDsols were reported, of
which the particulars did not transpire.
Metropolitan Police warrants are still
held at rs $50. No transactions are re-
ported.
Nothing transpired in State warrants.
Issues of 1874 continue entirely nominal;
1873 and previous years, fundable, are still
quoted at -040, and do, not fundable, at
$50.