The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-03-11

3 ElNANClAL AND CUMMEhClAA1.
MONETARY.
OFFICE NEW ORLEANS DEMOCRAT, /
Saturday Evening, March 10. 1877. !
NEW ORLEANS CLEARING HOUSE.
march 10 g i7s.s7s u sia s.saSs I
same time last week. 81. 85O,s75 70 s2o2,sG7 q
Total last week ...... 9.649,39 40 922,4lB "
Total week before.... 1923, $40 10 I,liS,I6i D.
We are indebted to MIR. I. N. Maynard. mana
!. ger or the New Orleans Clearing House, for the
following report OF the condiaon OF the aasocis'
ted banks, Ut the close OF basiness, Friday. March
., l877:
Specie ACKNOWLEDGEMENTS. es1,Soa w
Currency. a,o1v 49, ~
Clearing House exchanges ....... l,lId,efs w
Checks on other local banks and a., SIM a.
Domestic ana Foreign Exchange; !. sG7o.o4s IS
Duo from distant banks and bank :.
rnana and aiseounts ....,.,.,.... 10, S3g, 002 OIL
1stsar Sash assets ................ a,Oi6,B9t 38
Total ..................... .s25, O6O.sea e.
LIABILITIES.
nanosi,s Observation-Disclosures. Is, 503. $40 as
T,,n ajslanf hanks and bankers 1,142, 5g9 oil
Other cash liabilities. .........,.. a9o,oas Az
T1JAi ..............s s'eAo,Voostea ~
Compared with last week:
Increase. Decrease.
Specie. ................. Soo,uvu $1,000
Ins,snos ...'..''....... $4,000
nsnnsiis $4,000
The above statement compared with laet week
shows light increase in specie ana currency
and moderate fa ling of In loans and deposits
The demand for money was moderate to-day
" both la bank and on the street, and commerciai
naper was unchanged Under the decline st
New York, gold gave way ~; The movement ,t
was fair. Iu sympathy with the course Of eoia
and bills at New York sterling deelined l1se, and
fran Is were quoted 140e1S VI cent lower. Only
limited business was done in sterlng ara moth
Ing was reported In francs. New YORK s,ght was
scarce aud stiff All classes OF securities exhib-
tied generally better feel pg. Stocks were more
in request and held firmly. State bonds and pre-
mimi bonds we're stronger, the MARKET closing
ct slight advance for both.
Wa continue TO quote: Exceptional commercial
paper ~ So Per osns per Ia eolaseps loans
7@9; drst class mortgages S1ssS91' and second
Y c all opened At lo5k@1o5ss, against 1861 at
Now York, and after falr business oioseo
selss summsd up $4,000, embracing SIG, 900 at
1861 $1,000 at 1865 40loS9s $40 GOO and $4,000 ut
Unsder The course Of gold and bills at New York,
sterlinQ declined 1,$c, and francs hs0N per
cent. fhe movement in the former was united, |
and nothing was reported in the latter.
The sales OF sterling wore confined 20 Ey,5W,
embracing $4,000 al clear ct 5D5, $4,000 dc and
hi Of iading al 5Oa1<6a506. f2000 and e25oo
hin 81 iading at 506, ana $4,000 bank at COS,
Ta AZ the cioss Sterling bills were quoted at 60a0
<n5O5 Tor bill Of lading and Al clear, and = "a |
6{8L for bank (bapk counter rate -050s1, and /
francs at 1857 for commercial, and nominal for |
bank. -
New York eight was scarce and stiff. The sale |
comprised $3.50, 600. embracing Sl6,Ooo private |
bankers' III 3.i8 ~ cent premium, sT5,000 do. |
and l2O, 900 bank at 7.82, and $40 QUO private |
bankers at Il. We also noticed sale OF SIC, 700
commercial On Providence at par.
The banks continue to check on New York at
atilt quoted 1T SLIGO.