New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-02-03
MONETARY AND COMMERCIAL.
MONETARY.
NEW ORLEANS REPUBLICAN OFFICE
UURSDAY EYRNING Eahruarx la15

NEW ORLEANS REPUBLICAN OFFICE,
TUESDAY EVENING, February 2, 1875.
The money market continues quiet and easy
with moderate demand for discounts at tn.
without any quotable variation in the rates of com
mercial paper. We continue to quote first class pa
a DO ssyd
l5GIa: First class mortgages are inquired for a
900 cent y annum; but it is extremely diff
cult to negotiate any others.
NEW ORLEANS CLEARING HOUSE.
January so.......... 81 .7ss 7os 10 sls7,ss5 8:
February i..... 1875 so3 q 1888 g
Thus far this week. SIS s24 sss is $s23ass Il
] Same time last week. 1858 lib % POP 81
Total last week.. 10,8l906z ~ 1.276,363 o.
! Total week BEFORE. 1915. l4s SO 885,l27 %
We have been reliably informed that through,
the efforts Of Charles Case Esq, receiver, the
have baen discharged to such an extent that there
| now remains due to depOsitOrs only about one
pended pay ment. We learn moreover, that there
| are unc elected and good assets remanng-mOre
than sufficient to discharge this liability to wit:
| The claim now in prosecution against the New
Orleans and Carrollton Railroad Company for
about S23 900 and interest; nearly $lO0OOO in the
from distribution to creditors the plea that the
government has priority over other claimants,
when IN this case such priority clearly does net
solvent debtors. When these various amounts are
collected by the receiver he will have hand
more than sufficient funds to discharge the bal
ance due to depOstOrs leaving some surplus for
Stockholders
II this be So and we are assured it is, we can
hardly understand why the Controller of the Cur.
rency should have sought prematurely to have
enforced the liability Of the stockholders, as he
mas h done IN several suits now pending in our
Under the banking law great discretion is left
with the Controller for enforcing proceedings. In
be shown, and that all the assets of the bank
should be exhausted before calling on the stock
We refer to the report another column for
some Important proceedings Of the City Council
in relation to the bonded debt.
Yesterday the following gentlemen were elected
Messrs James Desban, Emile Camel, Henry Gariss,
liam p. Vincent and at the meeting of the board
to day Mr. J. Plaisent was unanimously reelected
Gold opened at ll3a 0ll3a, against lI3ss at New
York. and after tair business closed At 1893. q
ia. against Ia in that market. The sales
$1,000 at l3k; 5000 at 1885; $50 900 at 1850
Ii3a $4,000 at 1881; $1,000 at ll3a. and s 1000 at
Ia
No sales of silver were reported American half
dollars are now quoted at lO5s 0lO6k, while Mex
can dollars continue to rule at s7097h gold.
New York serns esnt hsh ssd
commercial and 10 for bank The movement
WAS Of liberal extent amounting to
s25oo do Ct IS 4s, $500 do and $4,000 al clear at
% r. $4,000 bill of lading at IS 49,, $50 600 do
and Al clear at SIS 1905 49N, $1,000 bill of iadine
At IS 4sk. $4,000 do at IS 4Shs as 50, and 5000
do at SIS soy.
E,ancs were sU a ale materially higher. The sales
comprised $50 900 commercial. embracing $50 900
and 800 900 at 4.58 y a SIX, and 10000 at 457b
At the close sterling bills were quoted at SIS 40
% 80 for bill of iading and Al clear and a
bo SIN for bank, and francs at ASH: for CONNER
,ial and 50 for bank.
), The offerings Of domestic exchange were of
air extent and although meeting with very |
moderate demand commercial was shade |
stronger. The sales of New York sight covered |
b342, 500, embracing $4,000, SIP O0O 500 600 and |
b3O OOo CON merca and S23 600 private bankers at
y cent discount &25.O0O commercial and S IS. 900 |
,r y s bankers at 81 $4,000 commercial and
Is 900 1000. $4,000 and $500 private bank
rs, at Bis, and $3.50 private bankers at X.
The banks continued to checked on New York |
u 8 y cent discount, while commercial sight was |
uoted at 03l6 against i o. yesterday
In stocks we noticed sales of $50 shares Louisiana
.evee, preferred, at So so.
The sales OF bonds included $4,000 city gold
caring seven per cents at SO. and $4,000 new
tate consolidated seven per cents at a.
City appropriation certificates continue entirely |
Omnal.
No sales of Metropolitan Police warrants were
epOrted; they were quoted nominal at Is.
Nothing TRANSFERRED IN State warrants Old were |
till quoted at about rs, and new at about 81