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MONETARY AND COMMERCIAL. MONETARY. OFFICE OF THE DAILY REPUBLICAN, } SATURDAY EVENING, September 13, 1874. a vivid sensation was excited in financial circles late in the day by the intelligence that, under a writ of sequestration obtained from the Superior Court. at the suit of a small creditor, the Citizens' Bank had been seized by the sheriff. and was in the hands of his deputies. Is was also mentioned that Messrs. Casey, Flanders and Liambias had been appointed receivers. The money market continues quiet, with . fair demand for discounts both in bank and on the street, but with little movement, and with the rates of commercial without apparent variation. We continue to quote selected signatures, with or without collaterals, at 10 ₱ cent per annum; first class at 11@12; Al at 15@18, and second grade at 2a- P cent per month. First class mortgages are still quoted at 10 ₱ cent per annum. and St cond grade at -. NEW ORLEANS CLEARING HOUSE. Balance Clearings. 76,455 36 705,866 28 September 12 61,016 26 711.088 85 Same time last week 463,220 84 3,823,774 49 Total last week 419,631 26 3,303,720 88 Total week before We are indebted to Mr. 1. N. Maynard, manage? of the New Orleans Clearing House, for the follow. ing comparative statement of the associated banks for the week ending to day: Increase. Decrease. $62,000 Specie 267,000 Currency 640,000 Loans 193,000 Deposits The increase in loans and deposito is owing to the addition of two banks to the association. Gold opened at 109 109%, against 109½ at New York, and after a limited business closed at the opening rates, against 109% in that market. Nothing transpired in silver. American half dollars were still quoted at 104%@105, and Mexican dollars at 97 gold. Sterling exchange was without quotable variation The only sales reported Wele 1000 and 1000 A1 clear at $5 29. Francs were a shade lower, but no sales were reported. At the close sterling bills were quoted at $5 26½ as 28½ for bill of lading and Al clear and -@$5 33 for bank, and france at 4.78%@4,77% for private and for bank. The offerings of domestic exchange were of moderate extent, and, with . fair demand, commercial was without quotable variation. The sales of New York sight covered $85,000. embracing $20,000 commercial and $30,000 bank at cent premium, and $25,000 bank at 3-16. The banks checked on New York at . ₱ cent premium. and commercial eight was quoted at r@3-16. In stocks we noticed sales of 10 shares St. Charles Street Railroad Company at $77 50, and at auction, by Messre, G. de Feriet & Co., 14 shares Union Bank at $40. The only sale of bonds reported was $6000 city gold bearing seven per cents at 40%. No sales of city appropriation certificates, Metro. politan Police warrants or time certificates of 1873 were reported. They are still quoted nominal at 44@45. Nothing transpired in State warrants. Old were still entirely nominal, while new now ruled at 65.
