The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-05-07
MONETARY.
NEW ORLEANS BULLETIN OFFICE,
WEDNESDAY EVENING, May 6, 1874.
NEW ORLEANS CLEANING HOUSE.

We have no change to notice in the Money market
which continues in inmate with a mited demand Tor
disc UNITS both in bank and the street. and nothing
to ind cate any varat in the rates Tor mercia
paper. Fir tclass sig atures with without collat-
erals, cont ne to rule at 9@10 u cent. per annum
Al at Hole per annum, and second grade at 10ll !,
q cent. per MONTH First class mortgages still
quoted at about 10 y cent per annun. :" e lear Of
nothing VIII teyer second-class on which to base
quotations.
Gold opened at 11136l12l6 against 1l215 at New
York aAd after business closed at th9 opening
rates, against 12i in that market, where touched
112 during the interim the fluctuations i'll that market
being attributed to the anucpations OF the Govern
The sales amounted to $50 1000 embracing $40 0O0 at
1925 $4,000 at ll2$s@ll27s; $4,000 at l2z5 and
$1,000, $4,000 and Sl4, 900 at 1l2
No sales OF Silver reported. American half
dollars were still quoted at 10 @l0Sla and Mexican
dollars at il0dlIl.
Under the iuhdence of the decline in gold at New
York. sterling Exchange fell off about 80 4 cent.
at the opening, but under the subsequent New York
kilograms which reported a IA ly in Gold and more
frmness in bills, together with slight improvement
in New York sight, the market partly recovered and
closed at only shade off yesterday s quotations
for commercial. and With no change in bunk. The sales
conin to f23 900, 81 90 bill OF lad
ing at $40, f3500 doat 4015 f0000 do at 541 f4500
do at 54ls, CISCO ,Ar ell at 5.45 = and tU00 bank
late, at the cou ter at 5.4S.
Francs were in demand and scarce, opening at last
evenings rates and closing shade higher. No sales
were exported.
tran actions, and no regular mara t, noticed
of 80 900 and 35 600 at At the close Sterl bills
we're quoted at ~ Tor Dill OF ladlng and Al Gle
anG 5..Sef54T for bank, and francs at 400 fur PR
yate and minal for bans.
The offerings of Domestic Exchange were of moler.
ate extent, while the demand Limited aud the
rates of comm rcal were shade higher, partc dlary
towards the close. The sales of New York sight
covered about $4,000. embracing $4,000 commercial
at "a q cent. discount, $4,000 commercial and
$ll,O00 and - 010 private bankers at 1872, and
200 private bankers 516 $4,000 do. aud SJ,-
GOO bank at 81, aud $4,000 and $4,000 private
bankers AMI $4,000 bank at u. We also noticed
sale of 81 90 Providence at y p cent discount.
The banks continue to c9eck on New York at par,
aud commercial sight was quoted al 1904 q cent.
discount against 2s@5-l6 yesterday
We heard of several sales OF bank. insurance and
railroad Shares the particulars of which were with
Eheld
We also noticed sales at auction, by Messrs. Hoey
OCobnor, OF 80 shares Ieutonia National Bank at
f5 20, % do at S4S rs, and Lou sana Jockey Club
at $27.
City Gold Bearing Seven Per Cents opened at about
t3Aes54, but under tn influence of more liberal Of
fefings, and falling off i'll the demand later i'll the
day, they gave way traction. aud closed at about
63h. The saes and resides summed up about S4S,-
% embracing 5000 at So, $1,000 at 53i4, $1,000 at
b39s $4,000 and $4,000 at So $1,000, 00G md O0J
at SO aud 5000 ami 500 at "A.
We hear Of sales Of Jackson Railroad bonds during
the pat week to considerable anon part dciive.
ale at New YeIk. 9SsoJ .or laors;Ase. ,oy32