New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-09-07
7HOLE NUMBER 1870.
B Y T LIE EGRAPH,

On Wall = reef.

New YORK, September 6.-The Wall
street markets were excited to-day, with
considerable activity and wide fluctuations.
Money is active at 7. The gold interest on
foreign exchange has advanced to los for
long and 10Sa4 for sight. The bank state
ment shows the following changes: Gold
was active and huctuating, opening at
ll419, then declining to 1872, with a SUBJ
seguent rally to 1879. The rates paid for
carrying were to , per cent to fiat.
The market was excited at intervals.
Government bonds are weak. with fur
ther decline in sympathy with GOLD South
ern State bonds are dull and steady Stocks
opened firm and then declined. St. Paul
and common, Wabash and Ohios being the
most prominent in the fall st. Paul and
common fell from 4S1a to 46, Wabash 67 to
90, Ohios 3S34 to 81. Western Union Tele-
graph advanced from COLE to Ola and
afterward lost the improvement. The de-
cline in the remainder Of the stocks is "a to
Y per cent, but without pressure to sell.
The decline was in authorization OF a yery
untavorable bank statement.
There was a good deal of excitement on
Wall street to day both in the gold aud
stock markets 1t is reported the clique for
bulling gold has gone into liquidation. the
decline OF yesterday having been continued
as an evidence OF it, and the price at enc
time during the day fell to ll2is, but after
WdIu fdilleO anu closed at ll3tS.
Before noon rumorg that the bank state
ment would be even more unfavorable
than expected were current, and by the
time the statement was out, the excitement
increased and there was a rush 10 sell
stocks. Money also advanced to sd An per
cent gold and commission There was no
abatement in the excitement until near the
close OF bank hours when a quieter tone
characterized the market. During the ex-
cf fl,o H. r.sI,.
rnmored. but the day closed without any
cOrrOboratiOn.
The foundation of these, it is said was,
that the gold clique did not provide for
carrying all their gold until after the usual
hour From this, it would appearsthe clique
had not succeeded in selling their gold.
Bankers seem to think that the worst of
the furry is over, and that the,disruption of
the gold clique will leave plain sailing
during the autumn The day closed with
the street full of rumors, but with the mar
ket comparatively quiet.
Mexican War Celebration.
At the meeting of the committee of ar
rangements for the celebration of the sur
vivors of the Mexican war, this eEening, it
was announced that delegates would at
tend the celebration from Pennsylvania,
Maryland and the District of Columbia.
Specie Shipments.
Specie shipments for the week $50, l03.
The Cotton Market.
The market for cotton on the spot during
the week has been quoted active, and most
OF the sales have been to spinners; the quo
tations have in consequence advanced on
better grades. Contracts sold to fair ex-
tent, and rates have steadily improved.
The total sales of the week aggregate
95,2l9 bales, of which Is, 100 wese for future
delivery and l4,2l9 on the spot, divided as
follows: 1900 dor export, 1855 for spin
nlng, and 353 for speculating. Naval stores
have sold quite freely.
The Bank Statement.
The bank statement shows: Loans de-
creased 81 ,0O0, ,0O0 specie decreased 81 375,-
00O legal tenders decreased 100000 de-
posits decreased $l,500,000
Importations.
The weeks importations were 81, ,625 900,
including $3,250,OoO of dry goods.
Health.
Deaths for the week 6l5, an increase of
two over the week previous
The American Public Health Association
cOnvenes here on September IL.
Marine.
Arrived-Mississippi Virgo, Kronprinz,
Zodiac, Mosel and George Washington.
Arrived out-Algeria and Alabama