The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-11-04
FINANCIAL AND COMMERCIAL.
MONETARY.
OFFICE NEW ORLEANS DEMOCRAT. !
Saturday Evening. Nov. 3. 1877. J
NEW OHLEANs CLEARING HOUSE,

saturday Evening, NOV. q. 1877
NEW oHLEANs CLEARING HOUSE.
Clearings. Balances
November 3...... &c. .sl.4o7,74o IS 1877 1874 &C
Same time last week 239.5l5 90 154OD2 30
Total last week. s,Da5,025 80 s36673 81
loIal week before 49,. 7.G95.s79 50 97a.Ba Ia
We are indebted to Mr. /. n Maynard. man.
ager of the New Orleans Clearing House for
the following report Of the condition Of the As
sociated Banks ut the close of business. Friday.
November 2. 1877:
RESOURCES.
specie '''..-.. s255V2 ~
Currency. 2O,5. 1877 80
Clearing House exchanges ........ 14o7.740 IS
bankers NEUTRALITY-SUSPICIOUS.. .5ei II
Domestic and foreign exchange ... / 114, 500 0G
Due from distant banks and bankers 149,443 90
Loans and discount. 121s2.1s5 "A
Other cash assets .,................. 2g68,48l 10
Total Observation-Disclosures. go t2,slo ~
LIABILITIES.
Circulation S727.7G7 30
Deposits 9.s23 49s 2G
Due distant banks and bankers 2,2se4e0 7G
Other cash liabiItie ................ 16s425 %
Total Neutrality-suspicious.. sts.o11, 1872 At
COMPARED WITH LAST WEEK.
Specie Increase 10 change Decrease
Currency. ......, ......... 1919 sl5,ooV
Loans. ............. $l15,hD
Deposits ................ ....,... $4,000
We continue to quote exceptional commercial
paper-D15 y cent per annum discount; Al do
nominal second grade do nominal; loans on
colaterais 1922: Al mortgages 100. and Sec
ond grade do nominal
New York. and closed ut 1922 s01O2'l against the
| opening Tate In that market. The sales summed
up 1872, 900. embracing $4,000 ut 102ls $4,000 and
5000 ut 1025a, $1,000 and $1,000 at 1924 and $1,000
| at 103
The sales of sterling comprised $4,000. en-
bracing El2 GOO bill OF ladi Ing at 49, 4s9, $1,000
and 10000 do and E1O.ooo do and Al clear at 49,
| In francs we noticed sales Of 10000 CONNER
cial. $1,000 at and 50, 900 and $1,000 at 514,s.
| Ia nl.,nI utn rItrfy Ia rfaI lf
@4s9 for bill of lading and AL clear, and "a
| 4g2h for bank (bank counter rate -@4D3) and
| francs at 5.l5@5.H2s for commercial
The movement IN New York sight comprised
$40 900 commercial and SIS 900 and $4,000 private
| bankers at = per cent discount. 10000 COM
mercial and $4,000 bank ut 1i-32. and $40 900 aud
$4,000 private bankers and $4,000 bank at 5-1G.
| The banks continued to check on New York ut
| 4 y cent discount, and commercial sight was
At a meeting held to-day at the City Hall by
Mr. Car Kohn. President Of the Union National
Bank was unanimously elected to fill the va
cancy created by the death Of Mr.. George Jonas
lit. President Of the Canal Bank.
The demand for money to-day was, II any
thing. stronger. both In bank and on tho street
but without any quotable variation in CONNER
Gold gave way slightly, but Foreign Exchange
ruled ut previous rates. The business in both
was moderate,
| New York sight was unchanged. with q fair
movement.
We noticed a good demand for stocks with
sales Of fair extent.
good request and stronger. The former orenec
at IS 1s@s5Mc: advanced at noon to s5f4mSGc. al
which the market closed, against s5R@86c yes
terday. Premium Bonds were steady anc
strong all day at 3G2l @362sc. against 36% @36'G.
City Scrip was quoted at 3l9 33c for 1774 issues
and 45Gh5O for 1875
Half-Paid City Cupons ruled at 34n36, ant
State Warran' 8 at 9io95c.
NEW ORLEANS STOCK EXCHANGE SALES,