New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-13
NEW ORLEANS CLEARING aousn.

We continue to quote exceptional paper
at -09 y cent y snnum Discount; Al do
at 1901 and second grade NJ 151l8. First
class mortgages still rule at 90lO y cent =
annum; second grade continue entirely
nominal.
Gold opened at 1929 q 1874, against 1928
at New York, and after fair basiness
closed at ll2% oils, against the oQeping
rate in that market. The sales summad ny
$4,000, embracing $1,000 at Jpn; 5000 1t
ll2A; $4,000 ct ll27 0ll3; 5000 and
$4,000 at Il3, snd $1,000 aud el3. 900 1T lisa.
No sales Of silver were reported. Ameri-
can half dollars we're still quoted at 1864
lO6le, and Mexican dollars at 93h o., gold.
Foreign exchange was without quOtable
variation, and the movement was quite
liberal.
The sales Of sterling amounted t. 497 500,
comprising $4,000 bill Of lsdine Ct IS 80;
$4,000 and f6OOO ct IS 40; EGO 900 do and
Al clear at IS 4O05 40l4; E70O0 bill OF
lading ut IS 4OA; f2O00 Al clear 81 IS 40a-
Ei5.0O0 bill Of lsding 1t S 40l4 05 Al;
43OOO AL clear 1t 3 Al; S3Oo0 $1,000 and
$4,000 Al clear 1T IS 4l1s; $4,000 bill OF
lading at IS ~; CISCO bank at IS As, and
$1,000 do, at the counter. at IS 45h.
The sales of francs comprised 497 600 COM
mercial, embracing $4,000 and $4,000 1t 465;
100, GOO at 464ss "a 63as: q. 600. 100, 900 and
100, 900 at 4.63as; 80, O0O At 4.63h, and 3D.
600 at
AT the close sterling bills were quoted 1t
s. 39h as 40h for bill Of lading and Al
clear, and -05 IS for bank (bank counter
rate ct -05 45A41, and francs at 1850
633s for commercial, and nominal for bank.
The offerings Of New York sight were Of
liberal extent, and met . good demand at
previous rates. The sales comprised
S3O9, 900, embracing $4,000 commercial a.
u y cent discount, and 10000. 40 1000
aud $50 600 do, and $40 600, 81, 100, $50 900
81, 600, So. 900 and &55, 900 private bankers
at 7-l6, go, 900 at 1882, and $25 600 do at =,
We also noticed sales Of go, 900, three days
commercial sight on Pnisdelphls 1T
cent discount, and lO.OOO commercial sight
on PrOvideDCe at 9-l6.
The banks continued to check on New
York at Y p cent discount, and CONNER
oal sight was still quoted ut ZIG
We noticed moro activity, o better feelieg
and an improved t. nd4ncy in all leading
securities. and particularly in city bonds
ana now State c0ne0ls.
the sales Of stocks included 80 shares
New Orleans Insurance. Company at $3O ~;
80 do Ia resale) and50 do At $327 IS, and 20 Sun
Mutual Insurance Company at $78 50; ALEC,
81 the Stock Exchange. shares Sun lnsur-
ance Company ct $79 We also noticed
sales of new s,ock privileges Of New Orlesns
City Railroad Company ct 2 02S premium.
CITY bonds were aotive and in demand,
particularly old city gold bearing seven Per
cents, which were quoted at the Close ~ -,
2 points higher than yesterday. Tho sales
co nprised $1,000 premium issuos At 24%;
$4,000 new currency seven per cente ~ wv,
aud eSl 900 CITY gold BEARING seven per cents,
embracing $1,000 and $4,000 (drsinsgel and
$1,000 and $20.O0O (part drainage and part
Administration aeries ut u; $500 and
81, 600 do at 2Sk; $4,000 do 1t 29A, Anc
$40 600 drainage Ut 3D..
We also noticed more activity and good
demand for new State consOls. They closed
at Coz. fully IL points higher than yes
terdsy. The seles comprised 81, 600, en-
bracing $4,000 ~ 5Sa4; $4,000 NJ 5e4;
$4,000 ct 59ls; $50 600 (buyers' option, 30
dsy@) Ut 60 and ga, 900 ~ CON.
RI re 10 scarcely any thing doing in city
scrip, except in small Wsv, in tho pay
meat Of heck tsxee, and the market y
weaker, but without quOts0lo varietiOn. 1t
is still quotrd at 44is . 4SA4 for August to
Decemh~r. 1873 tune, and July to Decem
bsr, 1874, and 4905l for june and part Of
May.
We notice some movement and pretty
active. demaud for Metropolitan Police
warrants of 1891 iaeuea. which are nav
Quoted at abuat Lea ' cent higher, ~
they csn Be used fur the payment 0i city
licenses; owing 10 some toehniOsli'y 1923
issnes are not being received. and c0bes'
qeently continue nominal ct 7O072. while
1922 and 1869 arc entirely nominal
snv movement. Old State fundsbie are
g., and 1874 iesues 1T 80 . 42h.