New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-09-05
MONETARY AND COMMERCIAL,
MONETARY,

MONETARY.
| NEW ORLEANS REPUBLICAN OFFICE
SATURDAY EVENING, September 1, 1915 )
| We are indebted to Mr.. l. N. Maynard,
manager of the New Orleans Clearing House,
| for the following reports of the condition of
the associated banks, at the close of bust
ness, Friday, September 3, 1873;
l. RESOURCES.
| Specie. OBSERVATION-DISCLOSURES. S3asG9 9s
Currency ........ Observation-Disclosures. 1903 7l3 80
| Clearing House exchanges ....;:...;. COZ $50 Al
] Checks on Other local banks and bank.
| Domestic and foreign ovehahgc...... 1857 2a4 90
| Due from distant banks and bankers. 24s 9s3 10
Loans and discounts. 222 Is
othercash assets. 6,8S7l73 30
Total.................... ..,.... e23 1851 129 Og
LIABILITIES.
NEUTRALITY-SUSPICIOUS.. ............ s22-s 103 so
Deposits. ............... II Oi03 1856 63
| Due distant banks and banicrs....... 14525a 81
Other cash liahiies.................. $40 300 90
SIS 582 se9 70
Increase. Decrease.
Currency. $780,. slo5jco
Deposits .... $50 600
NEW ORLEANS CLEARING HOUSE.
September S'ss:lass; s Esa rs q
Total ibis week, ......... 2slossa s .is2ss5 81
We continue to quote first class CONNER
cial paper and collateral loans at $40 y
cent y anuum discount; AL do at lOal2.
and second grade at l5alS. First class
mortgages rnle at 9010 y cent u annum;
second grade are entirely nominal.
Gold opened at lli0lli3s, against lliA
at Now York, and after moderate bust
ness, closed at lltla lli24. against ll4as
in that market. The sales summed up
S3l coo. embracing 5000 at lllas, $4,000 at
ll1la, and S2J, 900 at ll4i4 01lll4
The money market to-day, as is usual on
Saturday at this season OF the year, was
qVet and dull. A mo lerate demand for
money was repolt sd at most of the banks,
while on the street the offerings were very
light. Cod was still quoted higher than
the New York rate on which there was a
further slight advance. Shipments OF cash
gold IRON the Eastern cities to California
are assigned as probable cause for the
course of the New York market, TO Icther
with the announced government sales for
September being short of public expecta-
ton. We note but little movement in
foreign OF domestic exchange. No sales of
stocks are reported except an auction sale.
OF which the particulars are given below.
New State consols are weak. and OF Y bonds
firm at previous quotations.
No sales of silver We're reported. Ameri-
can halt-dollars are still quoted at l07 %
It's, and Mexican dollars at s41a 095, gold.
Owing to the advance in gold at New
York 81 5rling was quoted 30 p cent high.
er, and francs Is. TIE only sales of the
former reported were fi00O bill of iading
and Al clear at s. SO 81 H. and El000
bank s. j5. Nothing transpired in the lat
ter.
At the close sterling bills were quoted at
$5 81 as 50 for bill of lading and AL clear
and nominal for bank; and francs at 4571aa
4,56li for commercial and 452l9 for bank.
New York sight continues dull and I'M
changed The only sales reported were
$4,000 and $4,000 private bankers at SIG
y cent premium.
The banks continue to check on New
York at Is T. cent premium, and CONNER
cial sight is still quoted at -05.16.
The only sales of stocks reported were at
auction by Mr.. Pacide j. Spear, Is shares
Mechanics and Traders Bank at SIS, st.
Charles Street Railroad Company at S76 SO.
l Canal Bank at SOL, and 1 New Orleans
City Railroad Company at $l33 so. Yester-
day, not before reported, lie shares Calca-
sieu Sulphur Mining Company sold at 81.
City bonds are firm, but without quotable
variation. The only sales reported were
$4,000 new currency seven per cents, ex-
coupon, at 1924, and $4,000 gold bearing
seven per cents drainage series) at 3i1a
New State consols are quiet, weak and
unchanged. No transactions we're reported.
No sales of Metropolitan police warrants
were reported. They are still quoted at
65070.
Nothing TRANSFERRED in State warrants.
Issues of 1874 were still quoted at So 60
for large, 6086j Tor small; 1873 and pre-
vious years, fundable. at So a 36, and do,
not tundable, at -029.