New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-05-02
MONETARY AND COMMERCIAL.
MONETARY.
NEW ORLEANS REPUBLICAN, oFrIcE,

y
Wei rs officially informed that, under instruc
ton f.om the Treasury Department, it has been
option al with the assistant United states tleas
arranged pro rata to the dtmand or TO issue go d
certificates that can be more conveniently used i'll
transactions with the Custom house, where they
rass the same as com. Lest week the assistant
treasurer sold $4,000 in coin. When quarterly
payments of the United States fve-twenty cou.
pons ms de as is BOW the case, the coin on
hand Ia reserved for that purpose.
The fifth annual drawing OF the eight per cent
FIRST mortgage bonds of the Crescent City Live
stock Landing and Slaughterhouse Company took
place to day. The ten per gent 10000 OF the
original amount tS3t0oc0l is drawn annually on
the first of May, the time which the interest on
all outs landing bonds natures The interest on
The bonds drawn is paid on the day of the drawing
and the principal on the first of July following The
The following the numbers OF the &o0b bonds
drawn: us. III, l55, l48, 81 l56 III - l43 A. iH
the following Of the 1860 bonds 1913 H. 81, 81. ST.
s. 1873 O. 81 la4 &c. l56, 3d. lU7 "A. l26. 1913 and a.
We learn hat the Lou s.aua Savings institution
ispsying depositors It's semlannual interest Of
6F cent.
the Hibarnia Insurance Company: MessrS. p.
Irwin John Henderson, Thomas King, John e.
Ryan, Thomas Gilmore, W. J: Castell, John 7.
Gibbons James A. GiJdner, " lillian Hait, Emile
Gauche David Jackson, J. II. hanna and f. J.
Ga.qu, st, and the following of the Louisiana
saxings Bank and safe Deposit Company: NessIs.
erck Wing, J. II. Keller. ". II. Thomas and ". B.
Schmidt.
The DIT nIand 10r money cOutlD led OF Idlr extent
to-day, both in hank ana on the stl eet, with tae
Iates on comner. ial paper unchanged. Under an
advance at New York a liberal business was done
in gold nj hi her rates. Foreign exchange also
ruled materially higher the n ovement, however,
was limited. New York sight being scarce and in
request, was q shade higher for commercial.
Securities exhibited but lit animation. Only
few GALES of stocks were reported. City bonds
were shade lower, while Stale consos ruled at
We continue to quote exceptional paper at 40 p
cent p annum discount; Al do ut l0dl2, and second
grade nominal First class mortgages still rule at
S0lO y cent y annum, while second grade are
NEW ORLEANS CLEARING HOUSE.
,.o Clearip gS 70 Balances 3ss me =:
May l.................... l,2O3,O8l Oa l3o,46O So
Thus far this week. s1s 70 s25s ael g
Total week before. -: s,sso,ssS Is soI,sal s.
York. and after liberal business. closed at the
opening rates. against ll27s in that market. The
ii2N; $1,000 at Iis s3oOOc at iias. aiia; $50 600
at il2H0il3H; $35,ooo at llSh and $4,000 and
30 sn!es of silver were reported American half
dollars are Low quoted at looh 0lOa and Mexi.
can collars at 80 gold
sterling was nearly lc higher equa, to an advance
Of about 2lU " cent, and francs y y cent The
movement in both was quite limited.
embracing 4 600 bill of ladiDg and Al clear at
SIS 4705 10; $500 bill of lasirg 1t $s A; $500
do at IS 49, 81 1900 bank at IS so; 42oOO do at
SIS ST. and s 1000 do sight at IS 50.
The sales OF francs comprised 40 ,0sV commercial
at loo, 600 do at 462k and so 900 bank at 4S8.
At the close sterling bills were quoted 1t IS A
as 48 for bill of lsding and Al clear and at %
SIS 81 for bank (bank counter rate -OS3 81 ~:
and francs ut 46le O46lA f0r commercial, aud
nominal for bank
New York sight continued scarce and IN request
and was shade higher for CONNIE rclaL me
sales were COL fined to S5OO00, embracing $500
ana SIS COO commercial Ut u ' cent premium,
and 600 private bankers at 3 Ice. WE also no
ticed sale Of $4,000 commercial on Fn1laoeipnia
At par.
The banks continued to check on New York at
\ y cent premium, while commercial sight was
quoted at i d3-l6, against y on Saturday.
The following 10 the official statement OF the
sales reported to-day at the New Orleans stock
Exchange:
S 100 shares CaIrolton railroad (satur.
day 6@ w
shares New Orleausl city railroad
(SaturdAy). .................".. 1873 50
& 10 600 State cOnsOle. 67%