New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-09-23

VVVCGuHuCUtO O0SCtSuC0-S38SG0 INC81CCtS0
Ocean Yacht Raee-Welceme to Al
exis-Depuey Controller Greene-Nlensy
Offered to Run tho Ciey-Professer
NIahan's Body Feund.
New YORK, September 2.-Gold 114%
Governments are unsettled; five-twenties of
1865 1858. State bonds are neglected; prices
merely nominal
Arrived: Steamships Saxonia, Maine and
Queen, from Liverpool.
The ocean yacht race from Sandy Hook
to BentOn's Reef for Commodore Bennett q
challenge cup takes place October 2.
1t will be followed by race between the
Enchantress and Sappho for one thousand
dollars.
The New York yacht club will give well
come to Alexis.
The yachting season closes with a series
Of twelve races, with Ashbury's Levonia for
the ocean cup.
Deputy Controller Green has been prom
ised the moral and financial support Of
many wealthy corporations Of the city.
At a meeting of bank officers, this after.
pressing needs of the finance depa rtment.
1t is understood moneyed institutions Of
fer any amount required until the Legisla-
ture provides the means of repaying.
The body of Professor Mahan has been
found in the river at Haverstraw.
The market was not stringent at any
time during the day, and there was no
great difficulty in getting loans at quota
tations at the sub-treasury to-day. Five
million three hundred and forty int thou
sand dollars gold Of six million sold yester-
day, was taken up by accepted bidders; the
balance was left over to accommodate some
small buyers. The balance of cash gold
was plenty to-day, and was very heavy for
carrying instead of scarce and dear for
borrowing, as for some time past.
Exchange was firmer this afternoon, and
leading bankers advanced their rates to
So. The advance had tendency to
cheer business. Gold opened heavy at
HAS, selling down to 1888, strong during
the day. During the early hours of the
day the German bankers were buyers of
gold to some extent, and toward the close
there we're some liberal purchases to cover
short contracts put out on the strength of
the large sale Of gold by the government
yesterday.
The rates paid for carrying to-day were
5, 4, 3, 2, 6 and per cent to flat. Govern
ments we're very unsettled, and opened
of 1862 lis; 64s lis; 65s 1855, new 1134;
67s 1875; 63s la: ten-forties lila.
State bonds nominal Tennessees II y, new
II; Virginias 623k, new 69; Louisianas 65,
new So, levee skies 70, eights 50; Ala
bama eights 100, fives g.; Georgia skies
81, sevens 81; North Car0linas 4O14, new %;
South CarOlinas IS. new SIS.
Arrived: Columbia, from Havana.
John Conners was tried to-day in the
Court of General Sessions for participation
in the Orange riot of July IL. The evidence
against him was insufficient and he was &C.
quilted.
Judge Bradford said in his charge in this
case: "While rioters and all those inviting
riot should indeed be made to feel the
penalty, and while the law should be fear
lessly administered against every outlaw,
still we should have care in the perform
ance of our official duties never to be car
ried away by public clamor and excitement,
and never to permit any one, when legal
guilt has not been fully established, to be
Money market active during the after
noon. The transactions on call. among the
stock brokers, were mostly at Z. Toward
three o'clock the demand was all supplied.
and before the banks closed money was
oaned ct 6 on stock collaterals. The leading
government bankers shall have loans ffom
he banks at S, which were not marked up
0-day, but new business in this direction
o-day was generally at 6.