The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-05-13
FINANCIAL AND COZ MERCIAL.
MON aiTAmH

MONETARY
OFFICE NEW ORLEANS DEMoCRAT,
Saturday Evening, May IL, 1877. !
NEW ORLEANS CLEARING HOUSE.
MAY A, g 1ss sS f. ,I ha,1a99 Il
Same time last week. l4l7e4s o. a215a2 - -
Total week before. 5,5i7, l42 oil 1,15G, 1o2 Oh
We are indebted to Mr. /. N. Maynard. mana
ger Of the New Orleans Clearing House Assooia-
ton, for tho following report Of tho condition OF
tho associated banks.
REsouRoEs
Specie ACKNOWLEDGEMENTS. Hll,b13 80
Currency Observation-Disclosures. 3Dii,27l GO
Clearing House exchanges ........ 1,495. 400 20
Checks on other local banks and
bankers ACKNOWLEDGEMENTS. lSi ,DaS %
Domestic and Foreign Exchange .. 4.2i5,OG3 81
Due from distant banks and bank -.
pra. Observation-Disclosures. Sit,f6A %
Loans and discounts ............. 11,072,2G0 GU
Other Dash assets ................ 4,052,509 IL
Total ..................t 25, 222, 800 Oh
LIABILITIES.
Circulation. 1907, 072 30
Deposits OBSERVATION-DISCLOSURES. ID, no, 523 82
Due distant banks and bankers 1,26B, $50 01
Other cash liabilities .............. 672,3H Y2
IOtAt ,1tosv"o '"
COMPARED WITH LAST wEEH
Increase. Decrease.
Specie .................. ...... 1000
currency ...........-.s. Zvo,Vuo ...''.
Loans ...s....t...ss...e Noehahge. ''s'''
Deposits .............. 505 900 ......
The demand for money was moderate to-day
both al bank and on the street, and commercial
paper was unchanged. Under the course OF the
New York market gold and foreign, exchange
sere somewhat irregular, but closed Mt about
previous rates. Tho movement In both was mod
crate. New York sight was II anything easier.
Stocks continued firm. Under good demand
State consols active aud excited, particularly
Al the CLOSE when they we're quoted NJ BqlsN19O,
against s5146Ds59t yesterday. Premium Bonds
were also active aud higher, closing ut an i'm
proyemont OF "a ~ cent. Police Certificates and
Fer Diem Warrants ruled NJ about yesterday
rates.
We continue to quote Exceptional commercial
paper SO M cent per anuum discount. Al do.
b0oi0; second grade do. 12615; collateral loans
7os; arst class mortgages SlsDols, and second
grade do. 1O01i2. .
Gold opened at 10G1s6lO71s, against lO14 at
New York, and after limited business closed NJ
1OG940oiO7, against 107H In that market. The
sales summed up $50 600, embracing $1,000 at
1909, $4,000 at 1O6 1916, $1,000 At 1868 1900 and
$1,000 at lo7, and $4,000 and $1,000 at lO7H.
Foreign Exchange WAS irregular and stronger
than yesterday at Tho opening, but closed at
about the same. The movement was moderate.
The Gales OF sterling comprised Gl5,500, en-
bracng $4,000 Al clear al 5isiba, $4,000 do at 5lO,
G25DD do aud $4,000 do at 5l9I, and $4,000 bank
At 52J
The sales OF francs comprised 4G5, COO, embrace
ing 100 600 com mercial at -, zoo, 900 at Abs, and
80, 600 at d B374, and 200 bank at -.
At the close sterling bills we're quoted Mt biShi
5lOl. for bills Of lading and Al clear, and 005ZJ
for bank fbank counter ratio 60528lsl, and
francs at 4s5n- for commercial and nominal
for bank.
Now York sight was easier, without being quot.
ably lower. The only sales reported we're 5000
commercial and $40 900 do. and private bankers
at a w cent premium.
1ne banks continued to check on Now York NJ
9. ~ cent premium, and commercial sight was
still quoted ut H119-32.
NEW nnI.r NJ arnnK EXCHANGE AALEa--MAY IL. 1S7l