New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-09-01

] cent on the capital paid in from February
: 5, 1872 the Merchants Mutual Insurance
| Company 30 g cent cash on the net earned
| participating premiums for the wear ending
May 81, 1872, and 10 q cent to scripholders
| upon the conversion OF their scrip into can
| ital stock; the Hibernia Insurance COMPANY
| 10 T. cent on the amount of capital paid in,
| and So T. cent premium dividend placed to
| the cSedlt OF stock notes, also d stock diyi-
| dend of 40 + cent on amount paid in:
the Crescent City Mutual Insurance Com
| pany + cent on all Outstanding certificates
Of scrip and a scrip dividend OF 80 ; + cent
| on the earned premiums entitled to partic
pate for the year ending April 30, 1879; the
Factors and Traders Insurance Company, a
second semiannual interest dividend of 5
per cent to thFtieth April, 1872. and a cash
dividend OF 10 per cent to stockholders as
the amount Of the net earned participating
premiums. The Peoples Insurance Com
panE III + cent on the capital paid in and
placed to the credit of the capital stOck.
notes aud - 4 cent cash dividend on the
net earned participating premiums for the
year ending J4neS}0, 1872 The Union IU-
surance Company 10 u cent for the year
ending thirtieth April, 1872. The New Or
leans Mutual Insurance Company, 30 T.
cent scrip on fire premiums and 10 T. cent
on river premiums, on the net earned par
tlcipating premiums for the year ending
tAAAi ~ itcCtutUGI, also u z cent IN
terest on all outstanding certificates of
scrip, and 30 = cent on the balance of the
issue OF 1851. The Mechanics and Traders
insurance Company, 10 T. cent ~ annum in
terest on the paid in capital, on and after
Monday, October Is. 1871, and l. T. cent
dividend on the paid in capital, also y y
cent on the net earned premiums 70 be
placed to the credit of stock notes.
EXCHANGE - The rates of foreign eX-
change have been controlled by the course
Of gold and bills at New York, which in
their turn have been mainly influenced by
the price Oft uited States bonds in London,
pom the whole they have shown a fair de-
gree otsteadincss. but with a slightly wider
range than last year the extremes of stpr-
ling bills being ll6i2 and 1858 against 1884
and l21. In 1862 the extremes were ll8a4
and las The lowest point was at the close
OF December, when the market was quoted
at Ei6l2 a HI, and the highest last month
when the quotations were l25 Is Ul255s.
The market opened in September at 1872 q
It's, and after presenting some irregu-
laritles, closed at the advanced rates Of
~ $ a l23%s. At the commencement of
October there was a sudden decline
to 1925 a 1925. which after a sharp
rally was followed by further de-
cline, the month closing at 12Q l201e,
showing a net falling off of 2ls y cent This
downward tendency was less marked in No
yember when the market further declined
to ! 1874 q ll9&4; but in December it gave
way more rapidly and closed at the mini
mum quotations Of llGl3 0ll7. Rates then
rallied and have since exhibited general
upward movement closing in January at
ll8G 1852, III February at 1925 ne 28. in
March at ll934 a l20is, in April at l22l2 u
1923, in May at l23 IL q l21lB, in June at
1884 l24 Is, in July at l25 Is q 1875, which
was the highest point, and yesterday at