New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-17
NEW YORK.
Nc Anxiety About the ArizOna - Cotton
Fluctuations of the Week-Bank state

NC Anxiety aBSNb tHC - 6tOGEDH
Fluctuations of the Week-Bank state
lnent.
NEW YORK, November l6-The officers
of the Pacific Mail Company profess to feel
no anxiety for the safety Of the steamship
Arizona, now seventeen days overdue aS
San Francisco from Panama, believing that
the delay is owing to some mishap to the
machinery. The Arizona is valued at $780,.
900, and, with the invariable custom Of the
company, uninsured.
Dewitt, Liberal Republican, has seven
teen majority in the fourth congressional
district.
The dropsy continues very fatal among
the horses Vanderbilts Mountain Boy is
dead.
Arriyed-Steamship Austria, Abyssinia,
Kolu, Virgo and Hammonia. Arrived out
Italy.
The friends of Woodruff & Clafin met
last night to raise $38000, which, it was al
legged, would secure their liberation. After
brilliant speeches the hat was passed
around. The result was So 80. A commit
tee was appointed to procure further sub
scriptions.
The bank statement shows: Loans, de-
crease $375,O00; specie, increase $lS, 600;
legal tenders, decrease ST. ,250, 900; deposits,
increase 81 ,l25 006.
The bank statement is unfav0rable, Ent
not so much SO as was generally anticipated.
The present statement is undoubtedly based
on declining averages The net loss in re-
serve is 81 645, $50, and the banks now hold
81 300, ,S25 above the twenty five per cent
required by law.
During the week cotton has fluctuated
considerably, but closed at slight ad
vance. Sales for the week reached I5l, 1856
bales, of which l30, $50 were for future de-
livery and l2,086 bales on the spot and to
arrive. Exporters took 6452 bales spinners
$685. spectators 245, and 233 bales were in
transit.
Money inactive, closing at 304 y cent on
call loans, Sterling heavy; prime bankers
83B Gold ll324. Governments Il better.
Skies OF 1881, ll6z; fve-twenties 1862,
1928; 1864, 1925; 1865, Il2B, new ll4B
1867, 1l524; 1868, 1859; new fves 1095s;
ten-forties l08as. State bonds dull but
steady.
Money was less active to-day. In the
morning call loans ranged from to 1884,
bat in the afternoon declined to 3D4 at the
close. Discounts are close, and twelve per
cent is the minimum rate for mercantile
paper. The foreign exchange market was
heavy, closing at 1083B for prime bankers
sixty days sterling, and Il0l8 for sight.
The gold market was quiet and firm
throughout the day at ll343 to ll34. Loans
were first fiat to LEA for the use, then
l-04 ~ lOE CdFEJlD nc CithTlnR5 @b inc
Gold Exchange Bank were SOL 1886, 600.
Governments firm all day at about last
nights prices. On second call fve-twenties
of 1864 and 1862 we're one-eighth better.
At the investigation to day into the burn
ing of the steamer Missouri, Louis Bohome,
paymaster, testified that the fire was first
discovered in the locker in the pantry,
where they kept three gallon glass Of
aguadiente used for lamps, by which dishes
NI,n IL
in the same locker and the demiiOhn was
broken by the rolling of the vessel. From
the testimony it appears that the fire was
caused by spilling of the aguadente on the
deck of the vessel; the said deck being at
the time SO badly constructed, OF rather,
had not been caulked recently, that aqua
diente ran through the crevaces on to the
hot boiler beneath, igniting in an instant
the whole of the vessel where any of this
inhammable article had touched.
TWenty-Dne ocean steamers sailed from
this port to-day, nine of which were bound
to Europe The steamship United States,
which arrived tonight from New Orleans,
says, at half. past one o'clock today, SatuF-
dug, she passed brig abandoned, with all
her upper works gone, mainma8t broken in
three pieces, the foremast mostly gone, and
the spars lying about the deck. She was
water logged, hull painted black; no name
on stern, and an eagle tigurehead.
s. Y. White, who was carried down by
the heavy decline in securities, ON Monday
last was unanimously readmitted to mem
bership of the Stock Exchange, and re-
sumed business as broker.
Specie shipments fer the past week
$3,000,000
Edward Brady, the famous Brooklyn
skater, died last night
The Methodist general committee today
made its annual appropriations for domes-
tic missions, aggregating $500, 900, including
$4,000 for Philadelphia, $4,000 for South
Carolina, $I4,000 for Texas, $4,000 for Vir-
ginia,, $500 for Washington, and 5000 for
Maryland.
Snow fell from half past five 30 ten O'Clock
this evening.