New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-11-28
HoNETARY AND CoMMsRCIAL.
MONETARY.
OFFICE NBW ORLEANS RKPUBLfCAN,
MoNDAY RylHIH0. November ~. 1876,


MONDAY Bvnz1He. November ~. 1876. )
The demand for money continued fair today It
Under liberal supplies gold gave way sc. but tho
demand continued moderate.
The following revolution WAS adopted by the
Resolved, That delivery Of gold in this market
shall consist Of eagles and double eagles only:
upon specification To avoid receiving smaller
coin than eagles and double eagles, all gold checks
Ths oSec Of ac IA
prevent Inconvenience frequently experienced
from paying small! coin in d. liveries and to make
all contracts exigible in eagles and double Gag
unless otherwise specially provid. d, but it has
already caused SINE classification from buyers
refusing to receive fsem seller. who was unaware
MT Hellman, is left with The small cola on hand,
At whatever may be- the New York quotation All
difficulty would have been avoided had the resolu.
after Certain day suic'emtls ahead to enable al
parties to arrange their opera tions accordingly.
Foreign exchange. especially irancs, sold to
commercial sight was slightly easier. without be-
ing quotably lower. Stocks were without any new
feature. With ght offer ngs al d better demand
State consols and premium bends were stronger,
the 70 mer closing \ y cent and the latter 4 p
cent above Saturdays quotations..
Per ct 1910 y cent p annun discount; Al do
at n0l8, and second grade nominal First class
mortgages continue to rule at 100 p cent; and
NEW ORLEANS CLEARING ROUSE.
x,.r ., C Tee s1a e B Bs1 nc :;
November 24.............. lS53.l62 So $685. IL
Thus far this week. S. 24o, 1,e Il s173, 258 50
Same time last week. 1850 322 ~ 348,247 60
Total last week ... II SaS !16 &C i,e2a 24S Is
Gold opened at 100 s 1l09a, against 1895 at New
n n
0l09A. against the opening rate in that market,
where it touched ios4 during the interim. o.
at 1895; $4,000 and $4,000 ut 1924: SIS 900 at $685.
1893; $1,000 at 1898, 1000 at ITO.
Foreign exchange ruled at previous rates. and
q liberal business was done in it, particularly in
flames.
The Gales of sterling comprised R3l 600, embrac.
IS 1895 1917; 5000 do at SIS 20; 25OoO do and
Ell 900 do and al clear at S. 2o05 20t f20OO Al
es at g 2S Sa e. 600 si Of ladOs at IS 2oh0
The sales Of francs amounted to l25, COO CONNER.
cial comprising 2sO oos at Assa4s4a: 500. 600 do
At the close sterling bills we're quote at IS 1917
as 2Ok for bill Of ladiDg and AL clear. and a
IS q for bank (bank COULTER rate -O@5 Ah),
ana francs at <.s504.s4s for commercial and nom.
inal for hank.
Commercial sight on New York was eighty
SIS OOO commercial at s p cent discount; SIS OOO
$50 co., $50 600 and $500 900 do and 80 600 private
bankers and SIS 900 bank a, ls; and go 900 bank
at y. We also noticed . sale of $40 600 CONNER.
cial on Providence at s p cent discount.
The banks continue to check New York at
p cent discount and commercial sight was
etll quoted at GIG.
The following IL the onicial statement Of the
sales reported to-day 1T the Stock Exchange:
PIG IVY Etate consoh.
10 600 Premium bonds. ACKNOWLEDGEMENTS
1900 Premium bonds. .......................3lA
5000 Premium bonds. northumberland Blk
1000 Premium bonds. -. .................3 81
Making total Of s44,O 600 premium bonds
@2,00O halfpaid city coupons.
Stocks exhibited no new feature.
Under GIT offerings and better demand,
State c0nsols were per cent higher, closing at
SO 158h.
Premium bonds were in fair demand and stronger
closing at 3lA 032.