New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-02-16
MONETARY AND COMMERCIAL
MONETARY.
NEw ORLEANS REPUBLICAN OFFICE,
Tuesday EyRNIN0 February Is, 1910.

NEw ORLEANS REPUBLICAN, OFFICE,
TUESDAY EVENING. February IS, 1910.
We have no new features to notice in the mesey
market, which continues duh and easy; UndeI tile
advance at New York gold advanced &C, anu LOT
eien exchange exhibited = p1opolt ouate improve
ment sterling ruling az chigher. equal 70 sooat
m iv but foreign Exchange was active The
offerings Of New York sight being liberal. CONNER
clal was weaker, but without any quotaole ae
cline Securities were lees active, but fair bust
ness was reported At the stock Exchange, where
single transactions of unusual magnitude were
contaminated, and comprised an unusnal proper
marked change. City bonds showed . marked
falling off, attributed 10 the naction Of the Senate
| III the House premium bond bill Under limited
Oft rings and some inquiry. state consols were
little higher than yesterday -,
We learn that the Administrator OF France Will
receive offers to sell to the city twelve wharf l
provemt mt bonds until the twenty first instant al
In reference to the decision in the State Supreme
Court IL the case Of the State VS.. Clinton ct a.
Fral Morey int rvenor and appellant. we notice
that Justice Wyly, in q separate opinion, concnrs
with respect to the particular bonds OF the
81 OO9 600 lcan held by Morey, but lnimstes that
| the dec son extends to none other.
y cent ~ annum discount; Al 90 at 500 and
second grade nominal First class mortgages rule
at s0l0 v cent v annum, while second grade con.
tiHue entirely nominal
NEW ORLEANS CLEARING HOUSE.
February u illegal holiday, Abiaham Lincoln's
birthday
February l4.............. sop 1876 - slas724 81
Thus far this week. 49,. SEES LAG OF s5ls,777 ~
Same time last week s 324 o0s % sS6, rs Y
Total before... 10, 38S. l06 "a 1905 1854 u
Gold opened at 1923 0ll3s, against ll3S at
New York. and aftera moderate business closed a;
1883 IN that market. The .alss summed up
900, embracing $1,000 at ll2as; $1,000 at 1l27s;
5000 and $1,000 at ll3s, ard $1,000, $4,000 anu
No sales Of SILVER we're reported. American
half dollars we're still gu ted at lO51ios, aud both
new and old Mexican dollars at 81, gold.
Under the ADVANCE IN gold and bills at New
York, st. RI ng was about lc. al to an advance
or 10 p cent, and francs Il, nearly p cent 9.s
$500 a clear 81 S. IS; ESQ bin Of adinz
IS Il; 1000 bill OF lsd.rg at IS 461sd 471a;
8o0oJ and 6 1900 DO at IS .7a5 471k; $1,000 Al
clear a. s. ~; $40 600 b Of lat,ng at S. 4e4 q
cia embracing so 600. IS 600 and 10000 at go.
Atthe close sterling bills were quoted at IS 46,s
as All Tor bill of lading and al clear, a a
SIS 81 for bank (bank counter rate at -a55lA)
and francs at 46Od459a for commercial, and
nominal for bank.
Under liberal offerings com mercal sight on New
York was weaker, but WITHOUT quotable variation.
commercial and $50 600 and $27 0t0 priv a bank
ers at 81 = cent premium; 49, 600, 900 and
Z 5h,t private bankeTt', and $50 600, $50 600,
S25,0o0, $4,000 ard $4,000 bank at l-l6, an
and t25,Oo0 private bankers at 3-32 We aleo
noiced es Of $50, on omneccial six. v days
sight New York at / ! p cent discount, and
$1,000 CONNIE rcal on Provide nee at /.
The 'anss continued TO check on New York at
y cent Pr, MUM, and CONNER c al sight was
still quoted at - Oils.
The move M. Mt IL stocks was of fair extent and
the only sales reported at the Stock Tx
change The business in city bonds was of liberal
exteLt, but the market showed MARI Ell IA ing
cr Premium issu, closed at 1872 03aa (old),
car eacy .evens a. 33s4 03as thew }. d al 35a35A
geld bearing sevens Administration series) =
3i1a a "a d, and do tdr .inage seri.s) at 3l1, q
35s- The only sales not repO' ted AT the exchange
were 5000 gold bearin seve Drainage eeriet)
at IS /. and 5000 premium issues early at S.
We Aouced some inquiry tor STATE cunsos, but
there were scarcely any offcrir gs and the market
closed at 81 dt1}sc slight advanc. yelt.r.
days quotations The only sale reported WAS at
the stock Exchange.
No sales of city scrip Metropolitan Police war
rants or ate warrants were reported.
City scr was still quoted at Al 0i2t for August
to December. 1873, and July to d. cember 1914
(time), and 1880 for June and part of May 1874.
metropolitan Police warrants continue to rule at
o9090 for 1928. and for 1884 Issues, and eE-
tirelv nomn Al for 1863 and 1871 q
State warrants were still bel at 46 10 for fund.
able; at "a for not fundable, aud 35Q4O for
1874 issues, and i3ai5 for 1875