The New Orleans bulletin., 1875-12-28
FINANCIAL.
OFFICE NEW ORLEANS BULLETIN,
Monday Evening, Dec. 27 1875.
NEW ORLEANS CLEARINGHOUSE.


December 25 ..... Christmas.
December u. ....... 81, ,027 1862 Ii S2O4 lS2 Al
Thus far this week. 2027,962 16 2O4 1872 Al
Same time last week. 4, 7G5, sic 81 5o3,365 II
Total last week. Ii. 1874 ~ 1,55S,5Z9 10
Total alweek before .l3 355 7lo 20 1,353,325 81
We are indebted to Mr.. l. n Maynard, Man
aeer Of the New Orleans Clearing III ouse, for the
following report OF the condition of the
Associated Banks at the close Of business Friday,
Dec a h:
RESOURCES.
Specie. 1885, IS
Currency Observation-Disclosures. 1904, ll6 81
Clearing House exchanges. ......... 2027 ,962 l6
Checks on other local banks and
bankers. 69246 %
Domestic and Foreign Exchange -. 22530 0l2 II
Due from distant banks and bankers 7,7G6 IL
Loans and discounts. ...............1 10 400 lf 70
Other cash assets ........ 5,396,703 1G
s24,454, ,37s %
LIABILITIES.
Circulation. 81 500 0o8 50
Deposits Observation-Disclosures. Il, ,37S 46
Due distant banks and bankers. ~. 160S 956 33
Other cash liabilities ............ 592,79l 50
s16,53S, 1876 %
Increase. Decrease.
Snecie Observation-Disclosures. ........ $4,000
Currency. ......... SlU,UO0 ...-...
Loans. .........-...#......-. 035,uUu
Deposits s........ $1,000
The above statement, it will be observed.
shows further increase in currency, and de-
crease in loans deposits and specie.
e The Money market to-day was generally
qniet. At the banks fair demand for Money
was reported, and business opened tayorab.y,
but on the street there movement OF
consequence. Gold and Foreign Exchange were
lower, and New York Sight in demand at pre-
vious rates. New State Consols were quiet and
City Bonds and other securities were generally
stagnant.
The Canal Bank to-day declared semi-annu5l
dividend Of u cent, payable on and after the
lst proxlmo.
The New Orleans Insurance Association elected
the following board of directors A. J. Gomila,
I. Il. Small, J. b. Camors, E. +. Golsan, j. Plal-
sent, Henry Abraham Pierre Lanaux, L. J. Web
ster, L. NJ. Scott, Louis Schneider, John Leisy.
NJ MussOn.
The following we're elected directors Of the
New Orleans Insurance Company: Ernest Merilb,
Piacide Forsta II. Gally, Charles Laftte W.
Van BenthuysAn, A. NJ. Bickham, A. Schneider,
Jules Tuyes W. A. Bell, D. Fatjo, D. D. Rogers,
Pierre Poutz.
We continue to quote exceptional paper at -
0l9 II cent per annum discount Al do &C l0Ql11,
and second grade at 15015. First-c class mort
cages still rule at 901l0 f8 cent per annum;
second grade continue entirely nominal.
Gold opened at l125s@l127s. against 1127s at
New York. and after moderate business closed
at 11215Glt1234 (16c lower than on last Friday /,
against the opening rate in that market where it
touched 1925 during the interim. The sales
summed up ~, 500, EN- moracing $4,000 at 1l254,
SIS, 900 at 1l21l, $4,000 11z5s, 5000 at 1125g@9
1925, and $4,000 and $500 at 1929.
No sales of Silver were reported. American
half dollars were still quoted at 1081agl09H,
and Mexican dollars at 80 gold.
Under the decline in gold at New York. ster-
ling was qloted iWl1ac, equal to 2-10W3 10 II
cent lower, and fraucs fully a u cent. The
movement in both was moderate. The sales OF
the former comprised cit, 800, embracing $1,000
AL clear at "a" $4,000 bill Of ladlng at 5.4Ola,
f4OO0 do at 5400t5 Al, $1,000 do and f25O0 AL
clear at 5.41 $500 bank at 545, and $500 do for
gold at 4S6.
The sales of francs amounted to 10000 com
mercial, comprising $4,000 at 4.70, 10000 at
G7a 100000 at 300, 900 at 4.GGl G4.65, and 90,
900 at 465.
At the close sterling bills were quoted at
5.4o1a@5 Az for bill Of Iading and Al clear,
and nominal Tor bank, and francs at 1864 04.G5
for commercial, and nominal for bank.
The offerings Of New York sight were of lbe-
raj extent, and met fair demand at previous
rates. The sales comprised s249000 embra cling
$1,000 and 5000 commercial at "a II cent discount,
100000, $4,000 and $4,000 private bankers
and $4,000 bank at TIC, and $4,000 CONNER
cial at 1882. We also noticed sale OF $4,000
commercial on Providence at u.
The banks continued to check on New York at
Il u cent discount and commercial sight was
still quoted at 5-l6.
No sales OF Stocks were reported. For divi-
dend see remarks above.
City Bonds were quiet, and sales were re-
ported.
The only transaction reported in new State
Consols was $1,000 at Sc. They closed at about
560g564.
No sales Of City Scrip we're reported. 1t was
still quoted at 450g451a for August to December
1873, Time and July to December, 1874, and a.
5O0 50 for June and part of May, 1874.
Nothing transpired in Metropolitan Police War
rants They continue to rule at S60lS8 for 1874
issues, and 75M80 for 1923 and were still quoted
entirely nominal for 1912 and 1869.
State Warrants continue without any apparent
movement; fundable were still quoted at 4lgf2
not flndable at @, and 1874 issues at 40g45