New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-01-19

Gauche, vice pIeslueHt.
We continue to quote exceptional paper
at -09 y cent y annum discount; AL do
at 10 a IL, and second grade at ID a H. First
class mortgages still rule at So 10 T cent y
annum; second grade continue entirely
nominal.
NEW ORLEANS CLEARING HOUSE.
January l5.... 81, 10 e5o5s s3 u.
January u 59Ssss 90 % s ss IS
Thus far this week s7lsa 1872 IS sos 257 81
San - time last weak. o,Il5 oo9 IS all. .os II
Total week before.... II 40, os5 Sc l.l6s $50 ss
Gold opened at 1923. a ll3, against ll3
at New York, and after moderate business,
closed at 1925 0ll27s y lower than yes
terday), against lI27s in that market. The
sales summed up $25 800, embracing $4,000
at ll2a., $4,000 at 1928 q ll3, and $4,000,
$500 and $1,000 at 49,
No sales of silver were reported. Ameri-
can half dollars were still quoted at lo6 o
100 l2, and Mexican dollars at 93k o., gold.
Under dull bill market and the decline
in gold at New York. commercial sterling
was quoted lec or about 3 10 p cent lower
and francs !. q II 2 cent. The movement
in both was of liberal extent. The sales Of
the former comprised 500. 500. embracing
$1,000 bill of lading and $4,000 AL clear at
S 40; tl2 900 bill of lading az s. 4Ol2 ) Al r.:
go. coo do and t23,00O do and AL clear at
s. IL a 5 IL la. and $1,000 aud 22C00 bin Of
lading. and fl500 and e200O AL clear at
s. 4ll4.
The sales of francs amounted to 10000
commercial, embracing 10000 and 100000
465 q 63a,, and $4,000 and 100000 at 4.63a4
At the close sterling bills were quoted at
s. 4005 Al for bill Of lading and AL clear,
and a 10 for bank (-0$5 45l9 for the
bank counter rate), and francs at 1850
i $50. for commercial, and nominal Tor bank
Under a fair demand and less liberal
offerings, New York sight was a shade
higher for commercial. The sales COM
prised $225 900, embracing $4,000 and
$4,000 private bankers at 1872 Y, cent dis
count: $4,000. $4,000 and 5000 CONNER
cial, $1,000, SIS, 600, so 600 and 1000 pri-
vate bankers and $4,000 bank at g, and
$4,000 commercial and $4,000 private
bankers at SIG.
The banks continued to check on New
York at " p cent discount while CONNER
ciSl was quoted vt % d5-l6, against "A .
yesterday.
In stocks we noticed considerable looking
around for favOrite shares for investment.
The reported sales included 400 shares Lou
isiana Levee (preferred) at 81; As Crescent
City Railroad Company at $24 70. and 80
New Orleans Insurance Company, ex-
dividend. at $50 IS.
In sympathy with the general movement,
and under the influence of the adoption OF
the ordinance mentioned above, there was
liberal business done in city bonds, par
ticulariy in premium issues. which showed
an advance of points over yesterday 8
closing quotations, while currency seven
per cents and city gold bearing seven per
cents ruled at about yesterdays closing
rates. The sales of currency seven per
cents included $4,000 aud $4,000 at -.
No sales of city gold bearing seven per
cents we're reported.
The sales and reeales of premium issues
comprised s65, 900. embracing $4,000 at y p;
$4,000 at 2Sls; $1,000 at 28a4; $1,000 at ~;
$4,000 and $1,000 at 29la: $4,000 and $4,000 at
80; $4,000 at 271a a 3019: $1,000 at 3O1f:
$4,000 and $4,000 at 3Oa4; $1,000, $4,000, $4,000
and $4,000 at 81, and $4,000 and $4,000 at
,31h.
In miscellaneous bonds we noticed sales OF
$1,000 Louisiana Levee Company at 80;
$4,000 and $4,000 jackson railroad, first
mortgage issues at 821e; $4,000 do ut 49, and
$40 600 do at S3la.
New State consols opened at 5Ss4 a 59la,
but under liberal offerings, and reported
telegraphic orders from New York to sell
to arrive, at figures below the market rates
the demand suddenly fell off, and the market
closed at 65a. bid, and 66 asked, showing q
net decline from yesterdays close OF IA q !
v cent.
The sales and reeales summed up $24s,
900. EN- bracing $3l 900 at &c; s25 600 at e. y
Sc, 900 at 67A; $4,000 and $4,000 at e.
$4,000 at 6sA; $4,000 and $4,000 at 6S@s
sll 900 at 6s%; $4,000 at 6sB; $4,000 and
$50, 900 at SO; s2o,OO0 at So; $4,000 at 6sA
$50. 900 at 6sa4 a 691a.
No sales of city scrip we're reported. II
is now quoted at 1914 for August to De
cembe, 1873, time, and July to December
1874, and 490 81 for June and part Of May
Nothing transpired in Metropolitan Police
warrants. They now rule at 81 09 fol
1884 issues, and 670721e for 1928
while 1912 and l868-9cOntinue entirely
nominal.
No sales of State warrants were reported
Old State, fundable, are now quoted at 40 q
so; not fundable at %, and 1874 lssuet
at 80 42l4.