The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-08-26
FINANCIAL AND COMMERCIAL.
MONETARY.
OFFICE NEW ORLEANS DEMOCRAT, |
Saturday Evening, August as, 1877. :
Ms CLEARING HOUSE

NEW onahi6cS5 otsJhStSo noUsct
Clearings. Balances.
August as. ......... s46o, $50 81 ii o65 &c
Same time last week 592.11S ~ si06,s83 SO
Total last week. .... 3,759 1888 80 geo 85l 10
Total week before -. 3,876,O20 80 6l5, 4G2 o5
We are indebted to Mr. l. N. Maynard, Manager
of the N. o. Clearing House, for the following re-
port of the condition OF the associated banks at
the close OF business, Friday. August a.
RESOURCES.
Specie ......t......-.,.... S224 643 80
Currency. ...................... 3.O35 466 Cd
Clearing House exchanges. ....... 4,gsS6 81
Checks on other local banks and
bankers ................ G,43o So
Domestic and foreign exchange 49, 1GS7 Hal 7g
Due from distant banks aud bankers 23g 1856 ~
Loans and discounts .............. IL ,712,4g3 81
Other cash assets ................ 3,4G4 916 Al
s2O.84O, 1916 GA
LIABILITIES.
Circulation. Observation-Disclosures. s727,772 50
Deposits ......... ............... 10 S74 AGA 06
Due distant banks and bankers. So. 1917 SOC 30
Other cash liabilities ............. 4S3 277 48
s15,7O2, $40 IS
Compared with last week:
Increase. Decrease.
Specie. ........,.. SOB OOO
Currency ................ SSO,0UO ......
Loans, ........... ,..-.... llU,uUD ......
Deposits. Observation-Disclosures. ...... 10000
The demand for discounts was fair to-day both
in bank and on the street, and commercial sight
was unchanged. Under the course of the market
at New York Gold gave way slightly and Foreign
Exchange declined 1c for sterling, but was with
out change for francs. Only few sales were re-
ported In Gold and Foreign Exchange. New
York sight was u shade higher for commercial
Stock were quiet. State Oonsols closed % II cent
lower, and Premium Bonds 40. Scrip, coupons
and Warrants ruled at about previous rates.
We continue to quote: Exceptional commercial
paper -6l5 7g cent per annum discount; AL do
| do
SOLO; AL mortgages 9@iO, and second grade do
126Di5.
Gold opened at 1o49s@1o494, against 1O4 at
New York, and after limited business closed at
the opening rates in both markets. The sales
were confined to $4,000 embracing $4,000 at 1041Iss
$4,000 and $4,000 at 1919, and $4,000 at 1041s.
Under the course of Gold and bills at New
York, sterling gave way 1c, while francs were un-
changed.
The only sales of sterling reported were f25OO
bill Of lading at 497, and Ei5OO bank, for gold, at
1917.
Nothing transpired In francs.
At the close sterling bills We're quoted at 497
0l499 for bill of lading and AL clear, and On
SUB for bank (bank counter rate -tl5031s),
and francs at5.O21a for commercial and nominal
Tor bank.
New York sight showed slight Improvement
for commercial The sales comprised $50 600
embracing $4,000 commercial at u III cent
premium; $25, 600 private bankers at 3.l6 800 600
do. at 932, and $2o,0 900 bank at sic. We also
noticed sale of $4,000 commercial ON Provi.
dence at par.
The banks continue to check on New York at
4Ra " cent premium, and commercial sight
Was quoted at q, against 3-16@4 yesterday.
NEW ORLEANS STOCK EXCHANGE SALES.
SECOND CALL-2 ?, M.
&c. 900 Premium Bonds Ia go to flat) .... 32Js
10000 do "a to drawing fiat) 80
AFTER SECOND GALL.
10000 State Consols NEUTRALITY-SUSPICIOUS.. 775s
We notice that Col. O. Il. Girardey sold at auc-
lion, to-day, 10 shares New Orleans City Railroad
Co., at s145, and 0 shares State National Bank at
$67 Is
Stocks continued quiet.
State Consols gave way "a W cent, and Pre-
MUM Bonds n, the former closing st775a0577Ia,
and the latter aa 32zs0033
City Scrip was quoted at B4013G for 1874 issues,
50@o2 for 1876, and 49, 9s6D331l for 1876.
Halt-Paid City Coupons ruled at 365sG138, and
Stale Warrants at l2aI 1lalL.