New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-06-25
MONETARY AND COMMERCIAL
MONETARY.

MONETARY AND COMMERCIAL.
MONETARY.
OFFICE NEW ORLEANS REPUBLICAN,, I
SATURDAY kvRNISG. June "a. 1876. :
We are indebted to M l. n. Maynard, manager
of the New Orleans Clearing House, for the follow
ing report of the condition Of the associated bank
at the close Of business Friday. June %, 1876:
RESOURCES
specie. OBSERVATION-DISCLOSURES. $500 1893 u
Clearing House exchanges. 800 2O6 IS
Checks on other local banks and
Domes tic and foreign exchange. 1885,. so56, 2o3 3;
Due from distant banks and bankers. 427, 184 s.
Loans and discouuts. 93!l l65 q
Other cash assets. 1900. 1853 o.
Total. a23, l48. alS u
LIABILITIES.
Clrcuia0on. S6oa oIo o.
DepOsltB. 3ZJ.OoZ il
Due distant banks and bankers...... l,l29.637 =
Other Cash liabilities. S's,S43 u
Total. &l0 ,oO4 ,oSl q
The following is ctmpar. with last week:
Increase. Decrease
Specie. ........................ S4oVW
Currency. NEUTRALITY-SUSPICIOUS.. H3s0UO
Deposits ACKNOWLEDGEMENTS. ...... 325,OO
Inc ABOVE statement BLOWS ID Slight lH:tch6o II
currency, moderate falling OIL IN loans, and &
considt rab,e decrease in deposits
The State Auditor has notified the hOlee-s o
State C nsCls that on AND after the first prOximt
the sem. annual int rest Will be pad in Ibis city
at tue Fiscal Agency, the LOUISIANA Natlcns
BaLk, and at New York at the banking house o
Messrs. WinsiCw, Laner G..
The DE- mand for G discounts was of far extent to
day, both in BANK and On the street. but Nilou
qnUtable vaIianon in The rates OF commercial
paper. Under slight improvement ct New n ORR
gold a shade higher, but tie movement was
quite limited. Foreign excha Sc was stronger
but will tut quotate vsrlhtion, and only rev ~
but rates were steady. No Gales of stocks were
reported. Under less liberal Offarti gs and fail
d. mand, state oonsols she wed fair IMPROVEMENT
closing y y cent higher. City premium bond!
re quiet and steady.
We continue to quote exceptional paper at ga
y cent " annum discount; Al do at l00 II an,
second grade at 1913. FIRST class mortgages rule
at sS0l0 y cent ~ annnm, and second grade are
quoted entirely nominal
NEW ORLEANS CLEARING HOUSE.
June $3.50 essa9 so5 q s sss 81 5;
Same time ast week.. ~ ,2t8 10 6S.sa2 =
Total last week.......... sos, les as 61s,sss $
Total week b. fore. 5.i2 5ll 70 1929 4
Gold opened at ll20Il2a. against liz at New
York and, after limited business, closed a.
ll2s 0l2A u higher than yesterday against ~ /
in that marie ct. Tee "a es summed up &l7 600
embracing $1,000 at l2t $4,000, $50 ard sooO'
No sales of silver were reported, AID quotations
continued nominal for both American half )llar;
AMI Mexican dollars.
Foreign exchange was without quOtab'e vsri !
ton 1he sales of sterling W. re &C mined t. G2OGt
bt If lad NJ at S5s4h, AID 6 1000 AL clear at -.
TIE only sale of francs rep, rted was 5000 com
mercal at.
At the close sterling bills were quoted al
e5 a las As for bill IF iading and Al clear and a
SIS 49x for bank (bank counter rate ass SOY
and fl ancs at 4.66 GAGS for commercial and nom
inal for bank.
New York sight was dull, and rates were IN
Al Tho oil ivSf 1fa YNrl
ers' 81 y Ct mt pre- MUM.
The banks continued to check on New YORK al
y cent premium, and commercial sight was
still quot. at i.
The fol owing is the official statfment Ct the
sales reported t0-6av at the New Orleans Stoch
Exchange:
$33 0C0 State cOnsOls. b9
20 200 State c0DsOls. 69 p
6UUUD STATE COneOib.. 70 =
$4,000 State consOls. ~ i
Making total of 1855 900 State consols.
$4,000 City premium bonds. Observation-Disclosures. IS i
5000 City premium bonds. IS
No sales of securities were rept rted except at
the Exchange.
stocks were quiet and without any new feature
to notice.
TIE offerings of State cnnsols being less lbe al
and the demand fair, the market closed at 69E %
6S,i, p cent higher than yesterday.
City premium bOLds were quiet and steady at
Ssh d35A.
No sale of city scrip or State warrants was re