The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-07-19

July 1s................. S797,3i? 50 sl44674 3
Same time last week sS6355s 80 sl5s, 7sO 7
Total last week. ...... 4. 46O.6l3 53 TSS, BOG 7,
| Total week beforc...... 4, 5Ol 26S - 1852 /,
| We have feature to notice in the Money
market. The demand for discounts at the banks
is still Of fair extent, while the offerings on tbs
street continue moderate. The few transactions
reported in commercial paper indicate a firm
market without any uuotable variation.
| We are indebted to Mr. 7. y. Maynard. Mana
ger Of the New Orleans Clearing House. for the
following comparative statement of the Associated
Banks, for the week ending to-day
Increase. Decrease.
Specie ........ $4,000 ............----
Currency. ........... 100 900
Loans 100000 ..........---
Deposits ..... .. go nOO
We continue to quote the Money market quiet
with fair demand for discounts at the banks and
moderate offerings on the street. At the same
time while there Is no ma terial change. We notice
slight hardening III the rates Of commercial
paper nat without quotable variation. We con-
tnue to quote selected signatures at u cent per
annum. hrst-class at SOLO, AL at Hop, and
class mortgages at 10 II cent per annun, and
second grade entirely nominal.
Gold opened at llof0llOi, against 10 at New
York and after moderate business closed at
1095Mll0s, against llOj at New York, where it
touched llOi during the interim. The sales
summed up $4,000, embracing $4,000 at 1893
$1,000 at 10, $1,000 at l1Us $1,000, $1,000 1000 and
$4,000 at ll0i. $1,000 at ll05MllOs, and $1,000 at
11Os
Under the course II Gold at New York Sterling
Exchange was about ITO h cent higher The
sales were confined to s74OO enlbra cling f22OO 4
clear at 5.3i $4,000 do at j.34s, f10OO do at 535
and $4,000 bank at $40.
Nothing transpired in francs.
At the,close Sterling bills We're quoted at ) 335M
5.35 for bill of lading and Al clear. and -Nl54O
for bank, and francs nominal at L. ia for private
and entirely nominal for bank
The offerings OF Domestic Exchange We're
light. and With mOuerate demand rates were
without quotable variation. The sales of New
York sight were confined to $4,000 embra cling
slS, 900, $50 900 and s37 900 commercial at 9-2 i;
cent. premium We also noticed the sale of a
5000 gold check on New York at .5t9 cent pre-
MUM.
The banks continued to check on New York at
! per cent premium, and commercial sight is
still quoted at l05-l6.
The sales of stock included - shares of Mer-
chants Mutual Insurance Company at $50 30:
10 Germania National Bank at $50, and - New
Orleans City Railroad Company at sl52
The sales OF Bonds included $4,000 City Gold
Bearing Seven Per Cents at 49,, $1,000 and
1000 do. at 4SI. and $1,000 and $1,000 do. at 489.
They closed at 49, 014S2.
Nothing TRANSFERRED in City Scrip. City Appro-
prlatlOn Certificates and Metropolitan Police War
rants are still quoted nominal at 81 and Time Ger
ificates Of 1873 nominal at 80.
NO sales OF state Warrants were reported
They closed nominal at aOtIr32 for large 33l135
or medium. and 360138 for small.
The former par Of the Home Mutual Insur-
lnce Company was 500, as noted in our table of |
quotations, but was recently reduced to $50, and |
ls we were not apprized Of the change the par !
# 500 has been T. tanned, when, at least since |
ection will be duly made in our next weekly
publication.